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The Intelligent Transportation Market Report includes all basic information about the Intelligent Transportation market. The comprehensive report will help users to understand the current market trends, the growth drivers of the industry, sharing, badysis, size, production, trends, supply, the sales, requests and many other aspects. The badysis is performed using an objective fusion of primary and secondary data, including the contributions of the main participants in the market. The Smart Transportation Market Global Report is an essential stock of data, primarily for industry administrators.
The main goal of the Smart Transportation Market report is to help the user understand the market in terms of definition, segmentation, market potential, influence. the trends and challenges the market is facing.
Description: The increase in traffic congestion, increasing pollution and high frequency of accidents are the main factors that have allowed countries to globally adopt the intelligent transportation system . . These systems allow the integration of various intelligent technologies such as IoT, artificial intelligence and smart sensors in transport vehicles, which promotes market growth. Systems help improve fleet management and logistics, goods and services management, driver badistance for traffic management and automation of roads, railways and airways , thus accelerating intelligent transportation. Focuses on the top The manufacturers and players in the global market are given below: –
Accenture PLC, Cisco Systems, Inc., Cubic Corporation, General Electric Company, IBM Corporation, Siemens AG, Thales Group and WS Atkins.
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IoT enabled transport Services are also widely used for smart parking solutions, telematics solutions, ticket management, security and surveillance, and pbadenger information systems. In addition, thanks to the smart cities revolution, the governments of the different countries are investing heavily in smart cities initiatives that contribute to the development of connected vehicle technologies, intelligent infrastructures and traffic optimization. more efficient and reliable transport systems. For example, in 2017, the Indian government has invested $ 15 billion for the development of smart infrastructure and management services as part of the smart city initiative
Roads represent the largest share of the smart transport market. With a CAGR of 20% and 36 billion US dollars in 2017, it will reach $ 108 billion by 2024. About 1745.5 million tonnes of CO2 emissions come from the transportation sector, or 28 % of total global emissions. The adoption of intelligent transportation solutions, such as smart fuels and connected vehicles, helps reduce total carbon emissions and improve environmental safety. The rail sector is expected to experience the fastest growth over the forecast period. It carries billions of tons of freight and pbadengers each year, which translates into the development of efficient, intelligent rail infrastructure and technology. Governments in different countries are also taking initiatives and implementing regulations for the development of the intelligent rail system. In some countries, including China, the government has invested $ 28 billion in various PPP projects for the development of smart rail networks.
Smart Transportation Market Size by Mode of Transportation
By Components
Computer Software [Telematics, Parking Management, Ticket Management, Traffic Management, Security and Surveillance, Pbadenger Information System] Utilities [Training and Consulting Service, Integration Service, Support and Maintenance Service]
] By Deployment Model (On-Site, Cloud, Hybrid)
Analysis Report, Regional Perspectives
United States, Canada, Mexico, France, United Kingdom, Poland, Italy, Spain, Austria, Germany, Sweden, Russia, China, India, Japan, South Korea, Australia, Indonesia, Philippines, Saudi Arabia, Iran, United Arab Emirates, Egypt, Nigeria, Kenya, Morocco , South Africa, Brazil, Argentina, Colombia, Chile, Venezuela
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