Global Internet of Things in Transportation Market Is Expected to Grow at a CAGR of 17% in the Forecasted Period 2016-2020; Finds New Report

Market Research Reports, Inc. has announced the addition of “Global Internet of Things (IoT) in Transportation Market by Technology (Navigation System, Telematics, Infotainment, ADAS, Semiconductor, Sensors) - Outlook 2020” research report to their website www.MarketResearchReports.com

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Lewes, DE -- (SBWire) -- 03/13/2017 --The report 'Global Internet of Things (IoT) in Transportation Market by Technology (Navigation System, Telematics, Infotainment, ADAS, Semiconductor, Sensors) – Outlook 2020" provides an in-depth analysis of incorporation of IoT in transportation segment which is expected to grow at a CAGR of 17% in the forecasted period 2016-20. The report is segmented on the basis of major technologies used to enable this with detailed current and forecasted market outlook.

Growth of the industry is fuelled by emergence of driverless cars, enhanced safety feature with use of ADAS, Government support and higher efficiency in transportation and logistics with connectivity. However, rise of cyber threat with IoT in transportation, integration complexities of disparate systems and security and privacy risks associated with connectivity solutions are the major factors restraining the growth and adoption of IoT solutions in transportation segment. Global IoT Transportation market is dominated by few major companies, of which Alcatel Lucent, AT&T and Cisco Systems Inc have been profiled in the report.

Technological Coverage
- Navigation Systems
- Navigation Systems
- Automotive Semiconductor
- Telematics
- Infotainment
- ADAS
- Sensors

Key Vendors
- Alcatel-Lucent
- AT&T
- Cisco Systems

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Sudeep Chakravarty
Director - Operations
Market Research Reports, Inc.
http://www.marketresearchreports.com/rockville-research/global-internet-things-iot-transportation-market-technology-navigation-system

View this press release online at: http://rwire.com/780872