Smart Transportation Market: Applications, Size, Share, Opportunities And Forecast 2030
Revealing Market Dynamics: A Comprehensive Look at the Smart Transportation Market Landscape
The Smart Transportation Market Report conducts a thorough investigation, offering an in-depth study of both micro and macro market trends, as well as a robust pricing analysis and short-term market outlook. The study, which was meticulously curated from primary and secondary sources, takes into account all potential aspects that could influence the Smart Transportation market, ensuring a full evaluation of the current industry scenario. Let's look at the essential components that make up this detailed report.
Estimated Revenue Growth:
Smart Transportation Market Size was valued at USD 115.59 Billion in 2022, and is expected to reach USD 234.01 Billion by 2029, exhibiting a CAGR of 10.6% during the forecast period (2023-2029).
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Smart Transportation Market Analysis and Research Methodology
The Smart Transportation market data is rigorously obtained from both primary and secondary channels, taking into account a wide range of factors that may influence the market. The data is validated by primary research and reviewed to provide useful insights. To achieve a precise market forecast, market size is rigorously adjusted for economic fluctuations, regulatory changes, and other variables at both the top and sub-segments levels. Market size and projections are estimated using a bottom-up methodology and different data triangulation approaches. The country-by-country study is based on the percentage of the market size that has been adopted or utilised in that region.Secondary research is used to identify important businesses, with a focus on variables such market revenue, price, services offered, developments, mergers and acquisitions, and joint ventures. The competition analysis dives deeper into important firms' pricing methods, financial circumstances, expansion plans, and regional presence.
Smart Transportation Market Segmentation: Beyond Broad Strokes.
The analysis goes beyond broad strokes and methodically dissects market segmentation. It conducts a detailed study of segments and sub-segments, revealing the complexities of the demand chain, supply chain, and sales dynamics. Recent market shifts are summarised to provide a more comprehensive perspective.
by Transportation Mode
1. Roadways
2. Railways
3. Airways
4. Maritime
by Application
1. Shared mobility
2. Route information and route guidance
3. Transit hubs
4. Autonomous/driverless vehicles
5. Video management
6. Others
by Solution
1. Ticketing Management System
2. Parking Management & Guidance System
3. Integrated Supervision System
4. Traffic Management System
Based on Solution, in 2022, the traffic management system solutions segment dominated the world Smart Transportation Market solutions market, thanks to rapid urbanization, increasing environmental concerns, and demand for real-time information. The traffic management system is widely employed in North America as a result of the government's increased emphasis on traffic management and different efforts in North America aimed at traffic management solutions and services.
by Service
1. Business
2. Professional
3. Cloud Services
Based on Service, in 2022, the cloud service segment dominated the global Smart Transportation Market, due to their ability to provide solutions to access different computing solutions such as managing and accessing data remotely. Furthermore, cloud services provide many benefits such as flexibility in the capacity of the cloud space, automated software upgrades, remote work from anywhere, and so on.
Regional Analysis and Market Trends
The Smart Transportation market has seen a variety of developments, which have influenced its growth trajectory. Notable developments include increased popularity and innovation in product offers, as well as market growth activities. The research provides a detailed analysis of the global spicy dairy products market, focusing on the major producing regions. The analysis includes dynamics and market size, which are reported at the regional and worldwide levels.
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Market Segments and Key Players
The research provides a comprehensive segmentation of the Smart Transportation market, revealing important features of its makeup. Additionally, it highlights major market players.
1. Thales
2. Huawei
3. Siemens
4. IBM
5. Cisco Systems
6. SAP
7. Cubic
8. ALSTOM
9. Bombardier
10. Toshiba
11. Harris
12. Saab
13. Veson Nautical
14. Advanced Navigation Positioning Corporation (ANPC)
15. BASS Software
16. BENTLEY SYSTEMS
17. Indra Sistemas
18. Trimble
19. TomTom
20. Amadeus
21. Conduent
22. Kapsch
23. Hitachi
24. The Descartes Systems
25. Accenture
26. Rockwell Collins
27. DNV GL