Global Smart Transportation Market is Expected to

Reach $278 Billion by 2024, Says Variant Market

Research

Global Smart Transportation Market is estimated to reach $278billion by 2024 with CAGR of 19.4%
between 2016 and 2024. Smart transportation is a new approach to design and planning of roadways
which would provide the best and safe transport solutions. Lack of safe and quality transportation, poor
traffic management, poor road conditions, parking issues and others are the key problems faced by most
of the cities. Transit friendly designs would provide support to pedestrians, bicyclists and transit users for
regular and safe travel. The benefits include lowered fuel consumption, better air quality, accident
mitigation and competent use of emergency services.The use of smart transportation is also expected to
help to curb the excess use of private vehicles on limited road space and reduce the carbon emission.
Smart transportation also includes network connectivity & access and corridor management.

Browse Complete Report @ https://www.variantmarketresearch.com/report-

categories/semiconductor-electronics/smart-transportation-market

Growing population, increasing number of vehicles on road, concern over rising greenhouse gas along
with increasing adoption of IoT& smart cities are supporting the growth of global smart transportation
market. Moreover, increasing need for public safety &security coupled with rising government initiatives
also fuel the growth of the market. However, high investment required for constructing smart
transportation and long downtime may restrain the growth of the market. Furthermore, growing need for
smart cities in emerging economies may provide growth opportunities in the coming years.

The global smart transportation market is categorized on the basis of solution, service and geography. By
solution, the market is segmented into parking management system, integrated supervision system,
ticketing management system, and traffic management system. Furthermore, by service, it can be
segmented into cloud services, business services and professional services.

Get Sample Report @ http://bit.ly/2qqqlKo

By geography the market is segmented into North America, Europe, Asia-Pacific and Rest of the World
(RoW). The U.S., Canada and Mexico are covered under North America wherein Europe covers U.K.,
Germany, France and others. Asia-Pacific covers India, China, Japan and others.RoWcovers South
America, Middle East and Africa.

Key market players include Siemens AG, Cubic Corporation, Thales Group, Tomtom International Bv, LG
CNS Co., Ltd., International Business Machines Corporation, Alstom SA, Accenture plc, General Electric
Company and KapschTrafficCom AG, among others.
Scope of Smart Transportation Market

Solution Segments

Parking Management System

Ticketing Management System
Traffic Management System
Integrated Supervision System

Service Segments

Cloud Services
Business Services
Professional Services

Geography Segments

North America
o US
o Canada
o Mexico
Europe
o U.K.
o Germany
o France
o Others
Asia-Pacific
o India
o China
o Japan
o Others
RoW
o South America
o Middle East
o Africa
Table of Content:

Chapter 1. Prefix

1.1 Market Scope

1.2 Report Description

1.3 Research Methodology

1.3.1 Primary Research

1.3.2 Secondary Research

1.3.3 In-house Data Modeling

Chapter 2. Executive Summary

Chapter 3. Market Outline

3.1 Market Inclination, Trend, Outlook and Viewpoint

3.2 Market Share Analysis: Companys Competitive Scenario

3.3 Value Chain Analysis

3.4 Market Dynamics

3.4.1 Drivers

3.4.1.1 Impact Analysis

3.4.2 Restraints

3.4.2.1 Impact Analysis

3.4.3 Opportunities

3.5 Porters five forces analysis

3.5.1 Factors Impact Analysis

Chapter 4. Smart TransportationMarket by Solution: Market Size and Forecast, 2015 2024

4.1 Parking Management System

4.2 Ticketing Management System

4.3 Traffic Management System

 4.4 Integrated Supervision System

Chapter 5. Smart TransportationMarket by Service: Market Size and Forecast, 2015 2024

5.1 Cloud Services

5.2 Business Services

5.3 Professional Services

Chapter 6. Smart TransportationMarket by Geography: Market Size and Forecast, 2015 2024

6.1 North America

6.1.1 US

6.1.2 Canada

6.1.3 Mexico

6.2 Europe

6.2.1 U.K.

6.2.2 Germany

6.2.3 France

6.2.4 Others

6.3 Asia-Pacific

6.3.1 India

6.3.2 China

6.3.3 Japan

6.3.4 Others

6.4 RoW

6.4.1 Middle East

6.4.2 South America

6.4.3 Africa

Chapter 7. Company Profiles

 7.1 Siemens AG

7.2 Cubic Corporation

7.3 Thales Group

7.4 Tomtom International Bv

7.5 LG CNS Co., Ltd.

7.6 International Business Machines Corporation

7.7 Alstom SA

7.8 Accenture plc

7.9 General Electric Company

7.10 KapschTrafficCom AG

For More information,

Contact:

VARIANT MARKET RESEARCH LLP

Web: https://www.variantmarketresearch.com/

USA Office:

649 Mission St.,

5th Floor, San Francisco,

CA 94105, United States.

Tel: +1-415-680-2785

Fax: +1-415-680-2786

Email: help@variantmarketresearch.com

India Office (Corporate Headquarter):

Office No. FL No.7, Prakash Developers,

Survey no 34/A5, Wadgaon Sheri,

Nagar Road, Pune 411014

Tel: +91 20 65337795