Smart Transportation Market: Size, Trends and Segmentation 2016-2024

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Report Code TP1008
Smart Transportation Market Size, Trends and
Segmentation 2016-2024
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Smart Transportation Market Size, Trends and
Segmentation 2016-2024
Global Smart Transportation Market
Outlook Advanced technologies are taking people
way ahead of time where unconnected travelling is
transforming into a new world of connected
transportation. Nowadays, vehicles are connected
with Wi-Fi or sensors so that they can not only
use internet connectivity but it can also guide
in traffic and vehicle management. As of 2015,
North America has successfully provided in-flight
connectivity to over 3,000 aircrafts out of 5,500
commercial aircraft with the help of aircraft
connection companies Gogo, Global Eagle,
Thales/LiveTV, and Panasonic. Internet of Things
(IoT) is changing the vision of transportation
and ensuring safety of people. Vehicles such as
buses, trains, connected cars and planes are
providing internet connectivity to deliver
efficient services to the consumers. For
instance, Paris launched Autolib which is an
electric-car program in 2011. This program
facilitates the drivers to select the public
parking space and also to track the connected
vehicles which are embedded with sensors using
GPS tracker. Utilization of smart technologies
with a concept to build up a smart city is
fanatically expanding across the globe. Over 1
billion of connected things are installed across
the globe under smart cities projects in 2015.
Smart transportation is a part of smart city
where smart infrastructures are providing a
platform to implement connected vehicles. Rising
urbanization and investments in smart cities is
strengthening the market of smart transportation.
Around USD 160 billion for smart cities solutions
is invested by the US Department of
Transportation in 2016. These projects are
intending to provide better parking and traffic
management with the aim of pedestrian and
drivers safety. Key industry players are also
participating in accelerating the deployment of
innovative and advance transportation systems,
globally. Cubic Corporation merged with a German
transportation company EssenerVerkehrs-AG to go
for pilot trial of NextAgent Solution in March
2016. NextAgent system is a transport ticketing
vending machine which can interact with customer
linking video call. Whereas, Alstom, France based
transportation solution company, is contributing
in progression of rail transportation by
providing advance solutions for metro and high
speed trains. Top market players are targeting to
launch new products and adopting strategic
investments through acquisitions partnerships,
which raise the competition in transportation
industry. This competitiveness in business is
likely to drive smart transportation market
during the forecast period i.e. 2016-2024. In
2016, Panasonic partnered with Colorado
Department of Transportation (CDOT) to launch a
connected vehicle program which can improve the
mobility management and road safety.
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Smart Transportation Market Size, Trends and
Segmentation 2016-2024

• Market Segmentation
• Based on Components
• Hardware
• Sensors
• RFID Tags
• GPS Trackers
• Portable Computers
• Others (Industrial monitor devices, box
  computers)
• Software
• Data Management Software
• Network Management Software
• Security Software
• Remote Monitoring Software
• Real Time Streaming Analysis Software
• Platforms
• Connectivity/M2M Platforms
• Infrastructure-as-a-Service (Iaas) Backend
  Platforms
• Hardware specific software Platforms
• Consumer/Enterprise Software Extension Platforms

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Smart Transportation Market Size, Trends and
Segmentation 2016-2024

• Based on Geography
• North America (US, Canada) Market Share (),
  Market Size (USD Billion), Adoption Rate ()
• Europe (UK, France, Italy, Germany, Spain,
  Hungary, Sweden, Russia, Poland and Rest of
  Europe) Market Share (), Market Size (USD
  Billion), Adoption Rate ()
• Middle East and Africa (GCC Countries, North
  Africa, South Africa and Rest of Middle East
  Africa) Market Share (), Market Size (USD
  Billion), Adoption Rate ()
• Latin America (Brazil, Mexico and Rest of Latin
  America) Market Share (), Market Size (USD
  Billion), Adoption Rate ()
• Asia Pacific (China, Japan, India, Singapore,
  South Korea, Australia, New Zealand and Rest of
  Asia-Pacific) Market Share (), Market Size (USD
  Billion), Adoption Rate ()
• Rest of the World Market Share (), Market Size
  (USD Billion),     Adoption Rate ()
• Send Us Sample Request_at_ https//www.goldsteinresea
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  -market-outlook-2024-global-opportunity-and-demand
  -analysis-market-forecast-2016-2024

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Smart Transportation Market Size, Trends and
Segmentation 2016-2024
World wide acceptance of cloud based
technologies and solutions are advancing the
smart transportation technology. Automotive
industry is adopting cloud technology for
navigation, infotainment, social connection etc.
Moreover, storage of data is enhancing the
qualitative analysis of current transportation
infrastructure and helps in implementation of
smart technologies. The market of smart
transportation business is driven due to upsurge
in the demand for improvement in public transport
facilities and safety. High penetration of
connected cars is transforming the automotive
industry by its high efficiency, productivity and
safety. Emerging trend of smart technology is
boosting the acceptance of smart vehicles. The
global smart transportation market is projected
to reach a market size of USD 251.40 billion by
2024, growing at a CAGR of 16.75 from 2016 to
2024. Smart parking market is projected to
grow at a CAGR of 10.9 during the forecast
period, to reach a market value of USD 6.2
billion by the end of 2024. The demand of smart
parking is increased due to huge traffic
congestion and lack of parking space caused by
increasing number of automobiles.  Use of smart
sensors and parking meters helps the drivers to
check for free parking space and reserve it in
advance.
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Smart Transportation Market Size, Trends and
Segmentation 2016-2024
According to Goldstein Research Transportation
industry is transforming from unconnected
travelling to a new world of connected
transportation. Connected vehicle have not only
enabled the use of internet in transportation but
also guide in traffic and vehicle management.
North America has successfully delivered
in-flight wifi to over 3,000 aircrafts out of
5,500 commercial aircraft. Vision of
transportation is changing due to emerging
internet of things technology. According to a
survey conducted by Goldstein Research, 90 of
the consumers enjoy internet connectivity while
they are travelling. Paris launched Autolib which
is an electric-car program in 2011. This program
facilitates the drivers to select the public
parking space and also to track the connected
vehicles which are embedded with sensors using
GPS tracker. Emerging economies are moving
towards the concept of building smart cities
over 1 billion of connected things are installed
across the globe under smart cities projects in
2015. Request for TOC_at_ https//www.goldsteinresea
rch.com/toc-request/global-smart-transportation-ma
rket-outlook-2024-global-opportunity-and-demand-an
alysis-market-forecast-2016-2024
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Smart Transportation Market Size, Trends and
Segmentation 2016-2024

• Scope Background
•  Market Synopsis
•  
• Market Segmentation
•  
• The global smart transportation market
  segmentation as follows
• By Components (Market Size, Demand Analysis and
  Growth Analysis)
• By Application (Market Size, Demand Analysis and
  Growth Analysis)
• By Country
• North America (U.S., Canada) Market Size, Growth
  Analysis and Opportunity Analysis
• Latin America (Argentina, Mexico, Brazil and Rest
  of Latin America) Market Size, Growth Analysis
  and Opportunity Analysis
• Europe (Germany, Italy, Spain, France, The U.K.,
  Netherlands, Sweden, Hungary, Russia, Poland,
  Rest of Europe) Market Size, Growth Analysis and
  Opportunity Analysis
• Asia-Pacific (China, India, Singapore, Japan,
  Australia, New Zealand, South Korea and Rest of
  Asia Pacific) Market Size, Growth Analysis and
  Opportunity Analysis
• Middle East and North Africa (MENA) Market Size,
  Growth Analysis and Opportunity Analysis
• Rest of World  Market Size, Growth Analysis and
  Opportunity Analysis

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Smart Transportation Market Size, Trends and
Segmentation 2016-2024

• Market Dynamics Growth Drivers, Restraints and
  Opportunities
• Risk Factors
• Regional Variations
• Recent Trends and Developments
• Key Market Players
• Synopsis
• Business Strategy
• Product Portfolio
• SWOT Analysis
• Porters Five Force Model
• Market Landscape Competition and Beyond
• Market outlook for business players and entry
  level players to ascertain their business in
  dynamic ecosystem
• Expert Analysis
• Concluding Remarks

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Smart Transportation Market Size, Trends and
Segmentation 2016-2024
About Goldstein Research Based in U.S., Goldstein
Research is a young business consulting and
market research firm with vast reach across
America, Asia and parts of Europe and the Middle
East. In the next five years, we strive to
expand our reach to 50 nations spanning across
Europe, Asia and parts of the Middle East and
Africa. We strive to realize a strong brand
presence globally through our quality research
and forecasting solutions. With 30 domain
experts and 50 employees working day and night
to crunch numbers and bring out the best and
detailed market reports and forecasts, we strive
to enable you to foresee upcoming market
challenges and develop a robust business model
and strategies, which would add to your
profitability and market visibility as a
brand. Our mission is simple to develop
insightful business solutions, help our clients
make powerful future decisions to keep them well
ahead of the game which is the market, and leave
a mark across businesses and communities through
our well-defined ideas and clear cut forecasts.
Our mission is simple to develop insightful
business solutions, help our clients make
powerful future decisions to keep them well ahead
of the game which is the market, and leave a mark
across businesses and communities through our
well-defined ideas and clear cut forecasts.
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Smart Transportation Market Size, Trends and
Segmentation 2016-2024
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Smart Transportation Market Size, Trends and
Segmentation 2016-2024
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