Progressive markets

Global Smart Transportation Market to Increase at a CAGR of 18% During 2017–2025

Global Smart Transportation grow at a CAGR of 18% during the period, 2017–2025


Portland, OR -- (SBWIRE) -- 07/20/2017 -- Global Smart Transportation Market- Size, Trend, Share, Opportunity Analysis & Forecast, 2014-2025", the industry is anticipated to grow at a CAGR of 18% during the period, 2017–2025. The research offers comprehensive analysis of factors that drive or impede growth of the industry. This aids stakeholder to recognize top investment pockets.

The study offers introduction of the global smart transportation market in terms of scope. It includes Porter's Five Forces Analysis (PFFA) to provide insightful information of competition in the industry. It analyzes certain parameters, such as power to bargain by suppliers & buyers and threat by substitutes & new entrepreneurs. In addition, it incorporates summary of the industry. These include trend analysis, recent development, competitive landscape, and market attractiveness. The research divides the industry into solution, service, and geography. Based on solution, it categorizes the market into traffic management system, passenger information system, parking management system, ticketing management system, and integrated supervision system.

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According to the report, the global smart transportation market offers services in cloud services, business services, and professional services. Regionally, it classifies the industry into Latin America Middle East & Africa (LAMEA), Asia-Pacific, Europe, and North America. It also assesses market share of solutions, services, and geographies for the period, 2014–2025. Further, the research evaluates industry size of each solution and service by region for the historic period as well as forecast period, 2014–2016 and 2017–2025, respectively. It also explores factors that drive progress of the market, such as favorable governmental investment and initiatives.

The experts discuss alternative factors that propel growth of the global smart transportation market. These include increase in adoption of IOT technology, need to decrease emission of greenhouse gases, population, and urbanization. Moreover, the study describes factors that hamper growth of the industry, such as security, privacy, and high investment. It also describes top manufacturers of the industry. These include Cisco System, Inc., Xerox Corporation, Alstom, SA, Accenture PLC, LG CNS Corporation, General Electric Company, Indra Sistema S.A., Cubic Corporation, International Business Machine (IBM) Corporation, and The Kapsch Group.

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The report assesses abovementioned companies of the global smart transportation market based on criterions set, such as recent advancements by each manufacturer. It also explores finance and business segment of every vendor. Apart from this, it also offers a brief introduction of every big market player. In addition, the research offers several key takeaways of the industry which include competitive intelligence within geographical boundaries of the market. It aids new entrants to have an in-depth understanding of consumer behavior as well as industry dynamics.

Table Of Contents:

1. Executive summary
1.1. Key findings
1.2. Market attractiveness and trend analysis
1.3. Competitive landscape and recent industry development analysis
2. Introduction
2.1. Report description
2.2. Scope and definitions
2.3. Research methodology
3. Market landscape
3.1. Growth drivers
3.1.1. Impact analysis
3.2. Restraints and challenges
4. Global smart transportation market by solution
4.1. Traffic management system
4.1.1. Historical market size by region, 2014-2016
4.1.2. Market forecast by region, 2017-2025
4.2. Parking management system
5. Global smart transportation market by service
5.1. Cloud services
5.1.1. Historical market size by region, 2014-2016
5.1.2. Market forecast by region, 2017-2025
5.2. Professional services