Internet of Things (IoT) is poised to disrupt almost every sector and transportation is one of them. By generating an intelligent transportation system (ITS), it can help optimize logistics and fleet management, tracking and monitoring of goods and services, traffic management, driver assistance, etc.

Pune, India -- (SBWire) -- 05/21/2018 --The Global IoT in Intelligent Transportation System Market to Grow steadily at a CAGR of +19% during the forecast period.

IoT in transportation is a very dynamic market and entails a great potential across many industry verticals. The advancements in technology due to the never-ending R&D in this sector makes it one of the prominent segments in the current IT industry scenario. The components, devices, and products have continuously developed from their traditional operations to meet the demands of the growing IoT technology. The software has a major role to play in this sector due to the cost-effective matrix, and it leads to a longer life cycle of devices and systems with greater reliability. The highlighting features of IoT in transportation include higher efficiency, better properties to withstand rough environmental conditions, and a longer life that is best-suited for multiple transportation applications.

The report takes a close and analytical look at the various companies that strive for a higher share of the global IoT in Intelligent Transportation System market. Data on the leading and fastest-growing segments along with what drives them has been given. This report implements a balanced mix of primary and secondary research methodologies for its analysis. The market is segmented on the basis of key criteria. For this purpose, a section dedicated to company profiles has been included in the report.

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Companies Profiled in this report includes, Cisco Systems, Intel Corporation, Cubic Transportation Systems, Siemens AG, Thales Group, TomTom NV, TransCore Holdings, Verizon Telematics, Microsoft Corporation, Garmin Ltd, NEC Corporation, Watson Internet of Things (IBM), Huawei Technologies, Hitachi Transport System, Iteris Inc, and among others.

Congestion on urban roads and rising accidents which need smart transport management solutions leveraging sensing, communications, and data processing technologies are already serving to drive the IoT in intelligent transportation market. Not just that, IoT is used for smart parking solutions, traffic management solutions, passenger entertainment, fleet management and telematics solutions, and security solutions. Moreover, prices of sensors are projected to come down in the near future. This is also expected to drive sales.

To offer a clear understanding of the global IoT in Intelligent Transportation System market, several questions have been addressed in the research study concerning the growth of the global IoT in Intelligent Transportation System market. It is also been discussed with respect to projected growth rate of the global market in the near future. Also, depending on the ongoing trend of the market, the region which is anticipated to witness high growth in the next few years is studied in detail.

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With every one of the information stored and examined using SWOT analysis, there is an evident picture of the reasonable situation of the Global IoT in Intelligent Transportation System Market. Opportunities for future market growth were discovered and far-flung aggressive threats furthermore showed up. The inclinations and advancements of this market were reflected and it appears there was a notable strategic direction observed. By getting a grip on market foundation and using the surviving standards, approaches, and preferences of other developed markets for documentation, market data was caught on.

Other industry-related processes about the market, such as a detailed description of the manufacturing structure, the financial background of the market, supply and demand analysis, and production value margins are also analyzed in the report. Prime development policies and strategies regarding the IoT in Intelligent Transportation System market are examined with regards to their impact on the market during the forecast period.

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Table of Contents

Global IoT in Intelligent Transportation System Market Research Report 2018

Chapter 1 Global IoT in Intelligent Transportation System Market Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Market Competition by Manufacturers
Chapter 4 Global Production, Revenue (Value) by Region
Chapter 5 Supply (Production), Consumption, Export, Import by Regions
Chapter 6 Production, Revenue (Value), Price Trend by Type
Chapter 7 Market Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
Chapter 12 Global IoT in Intelligent Transportation System Market Forecast