A recent report published by Infinium Global Research on smart highway market provides in-depth analysis of segments and sub-segments in global as well as regional smart highway market. The study also highlights the impact of drivers, restraints and macro indicators on the global and regional smart highway market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global smart highway market. According to the report, the global smart highway market is projected to grow at a CAGR 18.0% over the forecast period of 2018-2024.
The report on global smart highway market covers segments such as technology, type of display, service, and deployment. On the basis of technology, the global smart highway market is categorized into smart traffic management, communication, smart transport management, and monitoring. On the basis of type of display, the global smart highway market is categorized into variable message sign and digital signage. On the basis of service, the global smart highway market is categorized into maintenance and operation, consultancy and managed. On the basis of deployment, the global smart highway market is categorized into on-premise and on-cloud.
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 highway market such as IBM Corporation, Cisco Systems, Infineon Technologies, Kapsch AG, Alcatel-Lucent, Schneider Electric, Indra Systemas SA, Intelligent Highway Solutions Inc., LG CNS, and Siemens AG.
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 highway 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 highway market. Moreover, the study highlights current market trends and provides forecast from 2018-2024. We also have highlighted future trends in the smart highway 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 highway market to understand the present and future trends in this market and formulate their strategies accordingly.