Global Smart Transportation
Market Report
2024
As per Cognitive Market Research's latest published report, Smart Transportation Industry's Compound Annual Growth Rate will be 12.7% from 2023 to 2030.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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As per Cognitive Market Research's latest published report, Smart Transportation Industry's Compound Annual Growth Rate will be 12.7% from 2023 to 2030.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Smart Transportation Market Sales Revenue 2030 | $ 186.28 Billion |
Global Smart Transportation Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 12.7% |
Market Split by Solution Type |
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Market Split by Service |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Report scope is customizable as we have a huge database of Smart Transportation industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Smart Transportation Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Smart transportation is the use of new and emerging technologies to optimize the efficiency, safety, and sustainability of transportation systems. It includes technologies such as real-time traffic monitoring, predictive maintenance for vehicles, intelligent transportation systems, and connected and autonomous vehicles. The goal of smart transportation is to create a seamless, integrated, and efficient transportation network that reduces congestion, improves mobility, and reduces the environmental impact of transportation.
The growing government focus on improving infrastructure, improving safety by reducing the risk of accidents, and improving emergency response times are major factors expected to support the market growth. Increasing traffic congestion across emerging and populated countries, and is becoming a major problem in many cities due to the increasing number of vehicles on the road, leading to increased demand for smart transportation solutions. It helps to get rapid visibility and notifications for trouble spots or city-wide issues affecting congestion on roads, public safety, and emergency response systems, it helps to communicate effectively with other agencies and emergency responders.
Moreover, increasing investments in smart city solutions and increasing adoption of smart city initiatives by government authorities have led to accelerating market growth.
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In September 2022, Accenture has acquired MacGregor Partners, a provider specializing in intelligent logistics and warehouse management. The acquisition expands Accenture’s supply chain network and fulfillment transformation capabilities powered by Blue Yonder technology.
Top Companies Market Share in Smart Transportation Industry: (In no particular order of Rank)
If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.
The APAC market is expected to hold the highest growth rate during the forecast period owing to the increasing need for better transportation, increasing traffic congestion, and growing concerns about the environmental impact of transportation are some of the key factors driving the growth of the smart transportation market in APAC.
The current report Scope analyzes Smart Transportation Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only. To learn more about geographical trends request the free sample pages. Contact US!
Global Smart Transportation Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Smart Transportation Industry growth. Smart Transportation market has been segmented with the help of its Solution Type, Service , and others. Smart Transportation market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
The parking management system holds a major share of the smart transportation market and is expected to grow at the fastest rate. This is attributed to the increasing number of vehicles, and growing urbanization which is expected to drive market growth.
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Smart Transportation Industry. Request a Free Sample PDF!
The cloud service is expected to grow at the fastest rate during the forecast period, owing to the increasing demand for cloud-based solutions to better manage data and storage.
The above Graph is for representation purposes only. This chart does not depict actual Market share. Please purchase the Smart Transportation market report 2024 Edition by contacting our team.
Research Analyst at Cognitive Market Research
I am a research analyst working in the Transport & Logistics domain, and my primary responsibility is to conduct thorough research on various subjects and provide valuable insights to support client requirements. I have knowledge of research methodologies, and data mining which enables me to analyze large data sets, draw meaningful conclusions, and communicate them effectively. I stay up-to-date with the latest research trends, methodologies, and technologies to ensure that my research is accurate, relevant, and impactful.
I am a research analyst working in various domains including the Consumer Goods domain, and my primary responsibility is to conduct thorough research on various subjects and provide valuable insights to support client requirements. I have knowledge of research methodologies, and data mining which enables me to analyze large data sets, draw meaningful conclusions, and communicate them effectively. I stay up-to-date with the latest research trends, methodologies, and technologies to ensure that my research is accurate, relevant, and impactful.
I am committed to continuous learning and staying abreast of emerging trends in research methodologies. Regular participation in workshops, webinars, and industry conferences ensures that my skills remain sharp and relevant. I spearheaded research initiatives focused on market trends, customer behavior, and competitive landscapes. I have a demonstrated ability to transform complex data sets into clear and concise narratives that inform key business strategies. Collaborating with cross-functional teams, I played a pivotal role in shaping successful projects that hinged on robust research and analysis.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Smart Transportation Market is witnessing significant growth in the near future.
In 2023, the Ticketing Management System segment accounted for noticeable share of global Smart Transportation Market and is projected to experience significant growth in the near future.
The Cloud Services segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Thales Group, Siemens and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Disclaimer:
Solution Type | Ticketing Management System, Parking Management System, Integrated Supervision System, Traffic Management System |
Service | Cloud Services, Business Services, Professional Services |
List of Competitors | Thales Group, Huawei, Siemens, IBM, Cisco Systems, SAP, Cubic, Alstom, Bombardier, Toshiba, Harris, Bentley Systems, Saab, Trimble, Veson Nautical, Advanced Navigation and Positioning, Bass Software, Indra Sistemas |
This chapter will help you gain GLOBAL Market Analysis of Smart Transportation. Further deep in this chapter, you will be able to review Global Smart Transportation Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
Purchase Add-Ons to Customize the Report Edition and get further granular data level data about the North America market. Add-On Cost: Request before placing the order, Respective Pricing will be informed after sending the inquiry
Qualitative Analysis for the North America Market: North America Smart Transportation Market Trends North America Smart Transportation Technological Road Map North America Smart Transportation Market Drivers North America Smart Transportation Market Restraints North America Smart Transportation Market Opportunity Market Attractiveness Analysis COVID – 19 Impact Analysis PESTEL Analysis Porter’s Five Forces Analysis Product Life Cycle Industrial Chain Analysis
You can purchase only the Executive Summary North America Market (2019 vs 2024 vs 2031)
Chapter 3 Europe Market Analysis
You can purchase only the Executive Summary Europe Market (2019 vs 2024 vs 2031)
Chapter 4 Asia-Pacific Market Analysis
You can purchase only the Executive Summary Asia Pacific Market (2019 vs 2024 vs 2031)
Chapter 5 South America Market Analysis
You can purchase only the Executive Summary South America Market (2019 vs 2024 vs 2031)
Chapter 6 Middle East and Africa Market Analysis
You can purchase only the Executive Summary Middle East and Africa Market (2019 vs 2024 vs 2031)
Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Solution Type Analysis 2019 -2031, will provide market size split by Solution Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Solution Type Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Service Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Smart Transportation market
Chapter 12 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Ticketing Management System have a significant impact on Smart Transportation market? |
What are the key factors affecting the Ticketing Management System and Parking Management System of Smart Transportation Market? |
What is the CAGR/Growth Rate of Cloud Services during the forecast period? |
By type, which segment accounted for largest share of the global Smart Transportation Market? |
Which region is expected to dominate the global Smart Transportation Market within the forecast period? |
Segmentation Level Customization |
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Global level Data Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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Report Format Alteration |
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