Smart Transportation Market Analysis & Forecast for Next 5 Years | Accenture, Alstom, Cisco System
Smart Transportation Market Forecast: What You Need To Know?
PUNE, MAHARASHTRA, INDIA, April 27, 2023 /EINPresswire.com/ — According to HTF Market Intelligence, the Global Smart Transportation market to witness a CAGR of 13.0% during forecast period of 2023-2028. The market is segmented by Global Smart Transportation Market Breakdown by Application (Autonomous/driverless vehicles, Route information and route guidance, Shared mobility, Transit hubs, Video management, Others) by Type (Ticketing Management System, Parking Management System, Integrated Supervision System, Traffic Management System) and by Geography (North America, South America, Europe, Asia Pacific, MEA). The Smart Transportation market size is estimated to increase by USD 62 Billion at a CAGR of 13.0% from 2023 to 2028. The report includes historic market data from 2017 to 2022E. Currently, market value is pegged at USD 94.5 Billion.
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HTF Market Intelligence published a new research publication on Smart Transportation Market Insights, to 2028″ with 150+pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Smart Transportation market was mainly driven by the increasing R&D spending across the world, however latest scenario and economic slowdown have changed complete market dynamics. Some of the key players profiled in the study are Accenture (Ireland), Alstom (France), Cisco System (United States), Cubic (United States), General Electric (United States), Indra Sistema (Spain), IBM (United States), Kapsch (Austria), LG CNS (South Korea), Conduent Inc. (United States), Trimble (United States), TomTom (Netherlands), Hitachi (Japan)
Definition:
The Smart Transportation market refers to the use of advanced technologies, systems, and services to improve the efficiency, safety, and sustainability of transportation networks. This includes the integration of various modes of transportation such as roadways, railways, airways, and waterways, as well as the use of intelligent transportation systems (ITS), connected vehicles, and other digital technologies to optimize transportation operations and enhance user experience. The Smart Transportation market encompasses a range of solutions, including traffic management systems, passenger information systems, parking management systems, ticketing and payment solutions, fleet management systems, and other related services. The goal of the Smart Transportation market is to create a seamless and sustainable transportation network that is safe, efficient, and environmentally friendly.
Market Trends:
Surging demand of autonomous vehicles in various developed economies such as United States, United Kingdom, France and others and Encourages the development and promotion of green fuels
Market Drivers:
Rise in traffic congestions owing to increase in number of vehicles across the world and Smooth flow of traffic and time saving in commutation of vehicles
Market Opportunities:
Surging government focus on reducing greenhouse gas emission and curbing alarming levels of traffic congestion and Rise in demand of efficient transportation and networks worldwide
The titled segments and sub-section of the market are illuminated below:
The Study Explore the Product Types of Smart Transportation Market: Ticketing Management System, Parking Management System, Integrated Supervision System, Traffic Management System
Key Applications/end-users of Smart Transportation Market: Autonomous/driverless vehicles, Route information and route guidance, Shared mobility, Transit hubs, Video management, Others
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With this report you will learn:
• Who the leading players are in Smart Transportation Market?
• What you should look for in a Smart Transportation
• What trends are driving the Market
• About the changing market behaviour over time with strategic view point to examine competition
Also included in the study are profiles of 15 Smart Transportation vendors, pricing charts, financial outlook, swot analysis, products specification &comparisons matrix with recommended steps for evaluating and determining latest product/service offering.
List of players profiled in this report: Accenture (Ireland), Alstom (France), Cisco System (United States), Cubic (United States), General Electric (United States), Indra Sistema (Spain), IBM (United States), Kapsch (Austria), LG CNS (South Korea), Conduent Inc. (United States), Trimble (United States), TomTom (Netherlands), Hitachi (Japan)
Who should get most benefit of this report?
• Anyone who are directly or indirectly involved in value chain cycle of this industry and needs to be up to speed on the key players and major trends in the market for Smart Transportation
• Marketers and agencies doing their due diligence in selecting a Smart Transportation for large and enterprise level organizations
• Analysts and vendors looking for current intelligence about this dynamic marketplace.
• Competition who would like to benchmark and correlate themselves with market position and standings in current scenario.
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Quick Snapshot and Extracts from TOC of Latest Edition
Overview of Smart Transportation Market
Smart Transportation Size (Sales Volume) Comparison by Type (Ticketing Management System, Parking Management System, Integrated Supervision System, Traffic Management System)
Smart Transportation Size (Consumption) and Market Share Comparison by Application (Autonomous/driverless vehicles, Route information and route guidance, Shared mobility, Transit hubs, Video management, Others) (2022-2028)
Smart Transportation Size (Value) Comparison by Region (2023-2028)
Smart Transportation Sales, Revenue and Growth Rate (2023-2028)
Smart Transportation Competitive Situation and Current Scenario Analysis
Strategic proposal for estimating sizing of core business segments
Players/Suppliers High Performance Pigments Manufacturing Base Distribution, Sales Area, Product Type (Ticketing Management System, Parking Management System, Integrated Supervision System, Traffic Management System)
Analyse competitors, including all important parameters of Smart Transportation
Smart Transportation Manufacturing Cost Analysis
Latest innovative headway and supply chain pattern mapping of leading and merging industry players
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Actual Numbers & In-Depth Analysis of Global Smart Transportation Market Size Estimation and Trends Available in Full Version of the Report.
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Criag Francis
HTF Market Intelligence Consulting Pvt Ltd
+ 1 434-322-0091
craig.francis@htfmarketreport.com
