(MENAFN- PR Newswire) DUBLIN, Oct. 17, 2022 /PRNewswire/ -- The report has been added to ResearchAndMarkets.com's offering.
According to this report the smart transportation market was valued at $96.6 billion in 2020, and is estimated to reach $251.0 billion by 2030, growing at a CAGR of 10.2% from 2021 to 2030.
Smart transportation is an advanced transportation system equipped with Intelligent Transportation System (ITS) to facilitate a more competent transport network, which is more coordinated, safer, and better informed. It is generally connected wirelessly with the Internet of Things (IoT) vertical technology. The primary purpose of the ITS technology is to collect and control real-time conditions and improve performance.
This helps prevent traffic congestion and collisions with the help of intelligent traffic control systems. In 2019, Iteris, Inc. launched its new transportation analytics solution, ClearGuideT, at the Intelligent Transportation Society of America's annual conference and expo in Washington, DC, that enables transportation agencies and commercial entities, such as construction and engineering firms, to actively monitor traffic congestion and identify anomalies &their causes.For the purpose of analysis, the global smart transportation market is segmented on the basis of solution, service, transportation type and region. By solution, the market is classified into ticketing management systems, parking management & guidance system, integrated supervision system, and traffic management system. By service, the market is segmented into business services, professional services, and cloud services. By transportation type, the market has been segmented into roadways, railways, airways and maritime. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.The growth drivers, restraints, and opportunities are explained in the report to better understand the market dynamics. This report further highlights the critical areas of investment. In addition, it includes Porter's five forces analysis to understand the competitive scenario of the industry and the role of each stakeholder. The report features the strategies adopted by key market players to maintain their foothold in the market. Furthermore, it highlights the competitive landscape of the key players to increase their market share and sustain the intense competition in the industry.The key players operating in the global smart transportation market are Accenture, Alstom, Cisco Systems, Inc., Cubic Corporation, IBM Corporation, Iteris, Inc., MSR-Traffic GmbH, Siemens, Thales Group, and TomTom International BV. Key Benefits For Stakeholders
This study presents the analytical depiction of the global smart transportation market analysis along with the current trends and future estimations to depict imminent investment pockets. The overall market opportunity is determined by understanding profitable trends to gain a stronger foothold. The report presents detailed impact analysis information related to the key drivers, restraints, and market opportunities. The current market is quantitatively analyzed from 2021 to 2030 to benchmark financial competency. Porter's five forces analysis illustrates the potency of the buyers and suppliers in the industry.
Key Topics Covered: CHAPTER 1: INTRODUCTION CHAPTER 2: EXECUTIVE SUMMARY CHAPTER 3: MARKET OVERVIEW 3.1. Market definition and scope3.2. Key findings3.2.1. Top investment pockets3.3. Porter's five forces analysis3.4. Top player positioning3.5. Market dynamics3.5.1. Drivers3.5.2. Restraints3.5.3. Opportunities3.6. COVID-19 Impact Analysis on the market CHAPTER 4: SMART TRANSPORTATION MARKET, BY BY SOLUTION 4.1 Overview4.1.1 Market size and forecast4.2 Ticketing Management System4.2.1 Key market trends, growth factors and opportunities4.2.2 Market size and forecast, by region4.2.3 Market analysis by country4.3 Parking Management and Guidance System4.3.1 Key market trends, growth factors and opportunities4.3.2 Market size and forecast, by region4.3.3 Market analysis by country4.4 Integrated Supervision System4.4.1 Key market trends, growth factors and opportunities4.4.2 Market size and forecast, by region4.4.3 Market analysis by country4.5 Traffic Management System4.5.1 Key market trends, growth factors and opportunities4.5.2 Market size and forecast, by region4.5.3 Market analysis by country CHAPTER 5: SMART TRANSPORTATION MARKET, BY SERVICES 5.1 Overview5.1.1 Market size and forecast5.2 Business5.2.1 Key market trends, growth factors and opportunities5.2.2 Market size and forecast, by region5.2.3 Market analysis by country5.3 Professional5.3.1 Key market trends, growth factors and opportunities5.3.2 Market size and forecast, by region5.3.3 Market analysis by country5.4 Cloud Services5.4.1 Key market trends, growth factors and opportunities5.4.2 Market size and forecast, by region5.4.3 Market analysis by country CHAPTER 6: SMART TRANSPORTATION MARKET, BY TRANSPORTATION TYPE 6.1 Overview6.1.1 Market size and forecast6.2 Roadways6.2.1 Key market trends, growth factors and opportunities6.2.2 Market size and forecast, by region6.2.3 Market analysis by country6.3 Railways6.3.1 Key market trends, growth factors and opportunities6.3.2 Market size and forecast, by region6.3.3 Market analysis by country6.4 Airways6.4.1 Key market trends, growth factors and opportunities6.4.2 Market size and forecast, by region6.4.3 Market analysis by country6.5 Maritime6.5.1 Key market trends, growth factors and opportunities6.5.2 Market size and forecast, by region6.5.3 Market analysis by country CHAPTER 7: SMART TRANSPORTATION MARKET, BY REGION CHAPTER 8: COMPANY LANDSCAPE 8.1. Introduction8.2. Top winning strategies8.3. Product Mapping of Top 10 Player8.4. Competitive Dashboard8.5. Competitive Heatmap8.6. Key developments CHAPTER 9: COMPANY PROFILES 9.1 ACCENTURE PLC9.1.1 Company overview9.1.2 Company snapshot9.1.3 Operating business segments9.1.4 Product portfolio9.1.5 Business performance9.1.6 Key strategic moves and developments9.2 ALSTOM SA9.2.1 Company overview9.2.2 Company snapshot9.2.3 Operating business segments9.2.4 Product portfolio9.2.5 Business performance9.2.6 Key strategic moves and developments9.3 MSR Traffic GmbH9.3.1 Company overview9.3.2 Company snapshot9.3.3 Operating business segments9.3.4 Product portfolio9.3.5 Business performance9.3.6 Key strategic moves and developments9.4 Siemens AG9.4.1 Company overview9.4.2 Company snapshot9.4.3 Operating business segments9.4.4 Product portfolio9.4.5 Business performance9.4.6 Key strategic moves and developments9.5 Thales Group9.5.1 Company overview9.5.2 Company snapshot9.5.3 Operating business segments9.5.4 Product portfolio9.5.5 Business performance9.5.6 Key strategic moves and developments9.6 TomTom International9.6.1 Company overview9.6.2 Company snapshot9.6.3 Operating business segments9.6.4 Product portfolio9.6.5 Business performance9.6.6 Key strategic moves and developments9.7 Cisco Systems Inc.9.7.1 Company overview9.7.2 Company snapshot9.7.3 Operating business segments9.7.4 Product portfolio9.7.5 Business performance9.7.6 Key strategic moves and developments9.8 Cubic Corporation9.8.1 Company overview9.8.2 Company snapshot9.8.3 Operating business segments9.8.4 Product portfolio9.8.5 Business performance9.8.6 Key strategic moves and developments9.9 ibm corporation9.9.1 Company overview9.9.2 Company snapshot9.9.3 Operating business segments9.9.4 Product portfolio9.9.5 Business performance9.9.6 Key strategic moves and developments9.10 Iteris, Inc.9.10.1 Company overview9.10.2 Company snapshot9.10.3 Operating business segments9.10.4 Product portfolio9.10.5 Business performance9.10.6 Key strategic moves and developmentsFor more information about this report visit
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