Smart Transportation Market Expected to Reach 220.76 Billion USD by 2021
According to a new market research report "Smart Transportation Market by Solution Type (Smart Ticketing, Parking Management, Passenger Information, Traffic Management, Integrated Supervision, and Insurance Telematics), Service, and Region - Global Forecast to 2021", published by MarketsandMarkets™, the smart transportation market size is expected to grow from USD 72.05 Billion in 2016 to USD 220.76 Billion by 2021, at a Compound Annual Growth Rate (CAGR) of 25.1% during the period 2016–2021.
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