Smart Transportation Market Size, Share, Analysis, Demand, Applications, Sale, Growth Insight, Trends, Leaders, Services and Forecast to 2025

1
Global Smart Transportation Market

• Rapid urbanization and increasing government
  investments in public safety and security is
  fuelling growth in smart transportation demand

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2
Smart Transportation Market Size by Technology,
Type, Applications Demand by 2025

• The rising need for transport authorities to
  develop smart systems to improve passenger road
  safety and manage traffic is driving the demand
  for smart transportation market in the past few
  years. The smart transportation system
  incorporates various information communication
  technologies that include the Internet of Things
  (IoT), Global Positioning Systems (GPS), and
  fiber optics to enhance the transportation
  infrastructure. Automobiles can connect with
  extended environments via real-time traffic
  navigation, thus evading traffic collisions and
  congestions.
• For example, the intelligent traffic control
  systems collect live traffic information to
  enable traffic regulatory bodies in distracting
  traffic away from busy areas, decreasing the
  risks of collision, and preventing traffic jams.
  Heavy investments by government organizations in
  smart city schemes with a goal to facilitate
  intelligent transport systems and proper
  infrastructure to all citizens is likely to spur
  the industry growth. For example, In 2018, the
  Government of India has planned to construct 599
  highway projects throughout the nation allocating
  over USD 14 billion in the next five years.
• Implementation of smart and connected
  technologies within the transportation
  infrastructure to drive the smart transportation
  Market
• The rise in the implementation of smart and
  connected technologies within the transportation
  structure, backed by growth in free trade
  agreements, various government organizations are
  deploying Public Private Partnerships (PPP)
  functioning models. Regulations with strict
  transportation mandatory policies, recovering
  Return of Investments from legacy systems, along
  with lack of standardized and uniform technology
  is likely to hinder the growth of smart
  transportation market.

3
Smart Transportation Market Size by Technology,
Type, Applications Demand by 2025

• Roadways segment is amongst the emerging type for
  the smart transportation market
• The roadways segment is anticipated to possess
  the largest share within the smart transportation
  market in 2019. One of the key factors
  encouraging smart transportation solutions in
  roadways is to enhance road safety for
  pedestrians, passengers, and drivers, along with
  decreasing crash rates occurring in day-to-day
  life. Highways are growingly being incorporated
  with the advanced in-pavement warning lights and
  radar that caution highway traffic to the turning
  drivers ahead.
• Asia-Pacific will lead the growth in this market
• The North American region is likely to possess
  the largest share within the smart transportation
  in 2019. This is attributed owing to the
  availability of supportive infrastructure along
  with well-advanced transportation facilities
  within the region. However, the Asia-Pacific
  region is projected to witness a substantial
  growth rate in the next five years due to the
  increasing government initiatives for advanced
  smart solutions for safe and smooth
  transportation. The rise of smart transportation
  solutions is comparatively higher in China,
  Japan, and India in the region.
• Key Market Players Thales Group, Huawei,
  Siemens, IBM, Cisco Systems, SAP, Cubic, Alstom,
  Bombardier, Toshiba, Harris, Saab, Veson
  Nautical, Advanced Navigation and Positioning
• Browse the complete report on _at_
  https//www.adroitmarketresearch.com/industry-repo
  rts/smart-transportation-market

4
Market Segments Smart Transportation Market

• By Transportation Mode
• Roadways
• Railways
• Airways
• Maritime
• By Component
• Software
• Solutions
• By Deployment
• On-premise
• Hybrid
• Cloud
• By Region
• North America
• Europe
• Asia Pacific
• The Middle East and Africa

5
Market Segments Smart Transportation Market

• Key Sources
• Industry Associations
• Patent Websites
• Company Annual Reports
• Company Websites
• Key industry leaders
• IEEE journals
• Technology consultants
• System Integrators
• BFSI experts
• Others
• Key Questions Answered
• What are the key growth regions and
  countries?
• What are the important types and
  technologies being used?
• What are the market players doing, in terms
  of research and development?
• Which are the new applications for this
  market?
• What are the integrations happening?
• What are the recent news, developments,
  mergers, or large value deals?

6
Market Segments Smart Transportation Market

• Key Stakeholders
• Products solution providers
• System Integrators
• Regulatory Authorities
• Research and Innovation Organizations
• Technocrats
• Suppliers and Distributors
• Other Channel Partners
• Purchase a single user copy of the global Smart
  Transportation Market report_at_ https//www.adroitma
  rketresearch.com/researchreport/purchase/1073

7
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