A recent report published by Infinium Global Research on smart transportation market provides in-depth analysis of segments and sub-segments in global as well as regional smart transportation market. The study also highlights the impact of drivers, restraints and macro indicators on the global and regional smart transportation market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of the global smart transportation market. According to the report, the global smart transportation market is projected to grow at a healthy CAGR over the forecast period of 2018-2024.
The report on global smart transportation market covers segments such as transportation mode, solutions, and services. On the basis of transportation mode, the global smart transportation market is categorized into railways and roadways. On the basis of solutions, the global smart transportation market is categorized into ticketing management systems, parking management systems, integrated supervisory systems, traffic management systems, insurance telematics solution, passenger information solution, and others. On the basis of services, the global smart transportation market is categorized into cloud services, business services, and professional services.
The countries covered in the North America region include the U.S., Canada, and Mexico; while Asia-Pacific includes China, Japan, India, South Korea, Malaysia, and among others. Moreover, Germany, U.K., France, Spain, and Rest of Europe are included in the European region. The U.S. drives the growth in the North America region as it is the largest market in the region. The Asia-pacific region offers a substantial potential for the market growth owing to rapid growth in markets such as India and China. The APAC region is projected to experience a growth at a CAGR of x.x% over the period of 2018-2024.
The report provides profiles of the companies in the global smart transportation market such as Alstom SA, Cisco Systems, Inc., Cubic Corporation, General Electric Company, International Business Machines Corporation, Q-Free ASA, Siemens AG, Thales Group, Tomtom International B.V., and WS Atkins PLC.
The report provides deep insights into demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the global smart transportation market. Moreover, IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of smart transportation market. Moreover, the study highlights current market trends and provides forecast from 2018-2024. We also have highlighted future trends in the smart transportation market that will impact the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players. This report will help manufacturers, suppliers, and distributors of the smart transportation market to understand the present and future trends in this market and formulate their strategies accordingly.
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