Skip to main content

Global Smart Transportation Market 2019 : Industry Outlook, Share and Growth Prospects

Researchmoz added Most up-to-date research on "Global Smart Transportation Market (2018-2023)" to its huge collection of research reports.

The Smart Transportation market report [5 Year Forecast 2018-2023] focuses on Major Leading Industry Players, providing info like company profiles, product type, application and regions, production capacity, ex-factory price, gross margin, revenue, market share and speak to info. Upstream raw materials and instrumentation and downstream demand analysis is additionally administrated. The Smart Transportation market business development trends and selling channels square measure analyzed. From a global perspective, It also represents overall Smart Transportation industry size by analyzing qualitative insights and historical data.

Request a Free Sample Report of this Research to Evaluate More: https://www.researchmoz.us/enquiry.php?type=S&repid=1878921

The Global Smart Transportation Market is expected to reach USD 116.85 Bn by 2023, expanding at a CAGR of 9%. Technological advancements are transforming the way people travel. Nowadays, vehicles are connected by an array of sensors, which guides them in traffic, and is very useful for vehicle management. With the advent of the Internet of Things (IoT), the vision of safe transportation is evolving at a rapid pace. Utilization of smart technologies with the intention of building smart cities is frantically expanding across the world. Over 1 billion connected things are installed around the globe under smart cities project initiatives.

Key growth factors

The rise in population and urbanization across the world is increasing the need for an improved transport system for public purpose. Governments are taking initiatives in the development of smart transport network which is bringing investments for the development of smart transportation networks.
Smart transportation is ensuring public safety as the prior availability of traffic and speed related information is reducing the number of accidents and delay. Smart transportation is environment-friendly and helps in keeping the ecosystem clean and safe. A smart vehicle reduces harmful vehicle emissions, which is a step towards a safe environment. These are some of the critical factors which are driving the market for the adaptation of smart transportation.

Threats and key players

High initial investment is required to improve the existing infrastructure of the transportation industry, which is obstructing the adoption of smart transportation. Improvement of existing roads or rail networks needs long time which creates an obstacle for the commuter and affects day to day communication. Large projects often require substantial financial investments, which is also a significant challenge for the smart transportation market players.
The complexity of infrastructure and limited availability of data which can monitor transportation system is restraining the adoption of smart technology in the transportation industry. Lack of internet penetration in developing and underdeveloped countries is seen as a major challenge. The key players in the Global Smart Transportation Market are Siemens AG, Cubic Corporation, IBM, Accenture PLC, Cisco Systems, Xerox Corporation, General Electric Company, LG CNS, Thales Group, and Alstom SA

Make an Enquiry of this Report @ https://www.researchmoz.us/enquiry.php?type=E&repid=1878921

Whats covered in the report?

1. Overview of the global smart transportation market.
2. The current and forecasted regional (North America, Europe, Asia-Pacific, Latin America, the Middle East and Africa) market size data for the Global Smart Transportation Market, by services: Network management services, road safety services, public transportation services, freight efficiency services, security services, automotive telematics, and communication services.
3. Market trends in the global smart transportation market.
4. Market drivers and challenges for the global smart transportation market.
5. Analysis of companies profiles of major players operating in the market.

Why buy?

1. Understand the demand of global smart transportation market by services and solutions to determine the viability of the business.
2. Determine the developed and new markets where smart transportation technology is consumed.
3. Formulate a product market strategy based on the position in the value chain and determine the optimal product/service placement.
4. Identify the gap areas and address them.
5. Develop strategies based on the industry and economic factors for each of the segments.
6. Define the competitive positioning by comparing the products and services compared with the key players in the market.

Buy Now @ https://www.researchmoz.com/checkout?rep_id=1878921&licType=S

About ResearchMoz

ResearchMoz is the one stop online destination to find and buy market research reports & Industry Analysis. We fulfill all your research needs spanning across industry verticals with our huge collection of market research reports. We provide our services to all sizes of organizations and across all industry verticals and markets. Our Research Coordinators have in-depth knowledge of reports as well as publishers and will assist you in making an informed decision by giving you unbiased and deep insights on which reports will satisfy your needs at the best price.

Contact Us:

ResearchMoz
Mr. Nachiket Ghumare,
Tel: +1-518-621-2074
Toll Free: 866-997-4948 (US-CANADA)
Email: sales@researchmoz.us
Follow us on LinkedIn @ http://bit.ly/1TBmnVG
Follow us on Blogger @ http://bit.ly/2W0QdLP

Comments

Popular posts from this blog

RF SOI & SOS Switches Market Key Players, Development & Competitive Analysis, 2020-2026

Researchmoz added Most up-to-date research on "Covid-19 Impact on RF SOI & SOS Switches Market, Global Research Reports 2020-2021" to its huge collection of research reports. The RF SOI & SOS Switches Market comprehensively describes the market and prognosticates it to depict a highly illustrious growth during the forthcoming years. The report offers in-depth analysis of current and future RF SOI & SOS Switches Market outlook across the globe. The report is projected to help readers with the regions that are expected to witness fastest growth during the forecast period. Along with this, the compilation is intended to help readers with the thorough analysis of recent trend, competitive landscape of the global RF SOI & SOS Switches Market during the forecast period. The making of the report involved an extensive research phase both primary and secondary. Further the report showcases recent developments, tenders and contracts of RF SOI & SOS Switches by key

DOEs (Diffractive Optical Elements) Market Insights, Profiling Companies & Key Strategies, 2020-2026

Researchmoz added Most up-to-date research on "Covid-19 Impact on DOEs (Diffractive Optical Elements) Market, Global Research Reports 2020-2021" to its huge collection of research reports. The DOEs (Diffractive Optical Elements) Market comprehensively describes the market and prognosticates it to depict a highly illustrious growth during the forthcoming years. The report offers in-depth analysis of current and future DOEs (Diffractive Optical Elements) Market outlook across the globe. The report is projected to help readers with the regions that are expected to witness fastest growth during the forecast period. Along with this, the compilation is intended to help readers with the thorough analysis of recent trend, competitive landscape of the global DOEs (Diffractive Optical Elements) Market during the forecast period. The making of the report involved an extensive research phase both primary and secondary. Further the report showcases recent developments, tenders and contr

High-Performance Inertial Measurement Unit Market : Value Chain, Stakeholder Analysis & Trends, 2020-2026

Researchmoz added Most up-to-date research on "Covid-19 Impact on High-Performance Inertial Measurement Unit Market, Global Research Reports 2020-2021" to its huge collection of research reports. The High-Performance Inertial Measurement Unit Market comprehensively describes the market and prognosticates it to depict a highly illustrious growth during the forthcoming years. The report offers in-depth analysis of current and future High-Performance Inertial Measurement Unit Market outlook across the globe. The report is projected to help readers with the regions that are expected to witness fastest growth during the forecast period. Along with this, the compilation is intended to help readers with the thorough analysis of recent trend, competitive landscape of the global High-Performance Inertial Measurement Unit Market during the forecast period. The making of the report involved an extensive research phase both primary and secondary. Further the report showcases recent dev