Global Smart Highway Market- Size, Trend, Share, Opportunity Analysis & Forecast, 2014–2025
Portland, OR -- (SBWIRE) -- 09/05/2017 -- Global Smart Highway Market- Size, Trend, Share, Opportunity Analysis & Forecast, 2014–2025". The study serves best to stakeholders and manufacturers owing to comprehensive analysis it offers of factors that increase or decrease growth of the market.
The research gives a brief introduction of the global smart highway market in terms of its scope. It provides summary of the industry in terms of significant findings, market attractiveness, competitive landscape, recent developments, and trend analysis. It incorporates research methodology, such as Porter's Five Forces Analysis (PFFA) to understand rivalry in the industry. This also includes bargaining power of the supplier & buyer and threat from substitutes & new entrepreneurs. It divides the industry into systems, services, deployment types, and geographies.
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Based on system, the study segments the global smart highway industry into intelligent traffic management system, communication system, intelligent transport management system, and traffic monitoring system. According to it, the market offers services in consulting services operational and maintenance services. It splits deployment type into premise and on-cloud deployment. Geographically, the research segments the market into Europe, North America, Latin America Middle East & Africa (LAMEA), and Asia-Pacific.
The report analyzes share of the global smart highway market by systems, services, deployment types, and geographies for the period, 2014–2025. It evaluates industry size of every system, service, and deployment type by geography during the historic period and forecast period, 2014–2016 and 2017–2025, respectively. In addition, it examines market size of countries which fall in a particular region of the industry during the aforementioned period.
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The study discusses big market players of the global smart highway market, such as Alcatel Lucent, Huawei, LG CNS, Kapsch AG, IBM, Cisco, Siemens AG, Schneider Electric, Xerox Corporation, and TrafficCom. It offers brief introduction of every manufacturer. Further, it analyzes business and finance segment of each company. It also evaluates recent advancements made by every firm. The analysts discuss several factors that vendors adopt to evolve market trends. The report explores factors that accelerate growth of the industry which include rise in demand for safe and secure. It discusses alternate aspects that propel demand of the industry, such as growth in demand for connected or smart cars and improved & sustainable highway infrastructure.
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The experts describe features that cause slow progress of the global smart highway market, such as continuous development of infrastructure and less awareness of technology in vehicles. The study provides key features of the industry, such as it provides great competitive edge to manufacturers, stakeholders, and new entrants. It provides comprehensive evaluation of aspects that have potential to restrict or drive the industry.