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Follow on Google News | Global Smart Transportation Market: Size & Forecasts with Impact Analysis of COVID-19 (2020-2024)The global smart transportation market is fragmented with many major market players operating worldwide. The key players of the smart transportation market are IBM Corporation, Cisco Systems, Inc., Siemens AG, and Accenture.
By: Daedal Research The report also assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall global smart transportation market has also been forecasted for the period 2020-2024, taking into consideration the previous growth patterns, the growth drivers and the current and future trends. Country Coverage Europe North America Asia Pacific Middle East and Africa Latin America Company Coverage IBM Corporation Cisco Systems, Inc. Siemens AG Accenture Executive Summary Smart transportation refers to the use of several advanced technologies that aims to provide innovative services to different modes of transport. Smart transportation also enables users of different transportation modes to be more coordinated, better informed, and make safer use of transportation networks. Smart transportation is a vertical application of Internet of Things (IoT), in which information and communication technologies are applied in the field of transport, such as car navigation, security CCTV systems, traffic signal control systems, parking guidance, etc. The smart transportation market can be segmented on the basis of solution (Integrated Supervision System, Ticketing Management System, Parking Management System, and Traffic Management System); application (Shared Mobility, Route Information and Route Guidance, Transit Hubs, Autonomous/Driverless Vehicles, Video Management, and Others); service (Cloud Services, Business Services, and Professional Services); and transportation mode (Roadways, Railways, Airways, and Maritime). The global smart transportation market has increased significantly during the years 2017-2019 and projections are made that the market would rise in the next four years i.e. 2020-2024 tremendously. For further details, kindly visit : https://www.daedal- Rajeev Kumar (Business Development Manager) Address: 36 SFS Flats Paschim Vihar New Delhi-110063 Mobile: +91-9811715635 Tel: +91-120-4553017 Mail ID - info@daedal- End
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