Smart Transportation Market Trends 2021 | Segmentation, Outlook, Industry Report to 2027

The Smart Transportation Market size is expected to grow at an annual average of 7% during 2021-2027. Smart Transportation or Intelligent Transportation Systems (ITS) is an advanced transportation infrastructure that aims to provide innovative services to transportation and traffic management systems. This transport also allows different users to be better coordinated and better informed, and to use the transport network more securely and smarter. Smart traffic is applied to parking management and guidance, passenger information, and traffic management.

The following segmentation are covered in this report:

By Solution

Hybrid Ticketing Management System
Parking Management & Guidance System
Integrated Supervision System
Traffic Management System

By Service

Business
Professional
Cloud

Company Profile

Accenture Plc
Siemens
IBM
Cisco Systems
GE Transportation
Xerox Corporation
Cubic Corporation
Thales S.A.
Kapsch AG
Alstom SA
LG CNS Corporation
Indra Sistema S.A.
Iteris Inc.
TomTom NV
Garmin International Inc.
Q-Free ASA

The report covers the following objectives:

Proliferation and maturation of trade in the global Smart Transportation Market
The market share of the global Smart Transportation Market supply and demand ratio, growth revenue, supply chain analysis, and business overview.
Current and future market trends that are influencing the growth opportunities and growth rate of the Smart Transportation Market
Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Smart Transportation Market

Scope of the report

The research study analyses the Smart Transportation Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent developments

Market overview and growth analysis
Import and export overview
Volume analysis
Current market trends and future outlook
Market opportunistic and attractive investment segment

 

Geographic coverage

North america market size and/or volume
Latin america market size and/or volume
Europe market size and/or volume
Asia-pacific market size and/or volume
Rest of the world market size and/or volume

Key Questions Answered by Smart Transportation Market Report

What was the Smart Transportation Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027)
What will be the CAGR of Market during the forecast period (2021-2027)?
Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
Which manufacturer/vendor/players in the Smart Transportation Market was the market leader in 2020?
Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.