This report analyzes the market for commercialized smart transportation solutions. It helps readers to understand how the smart transportation solutions market will evolve, as well as the trends that will impact its adoption.
The report focuses on mobility solutions that have been developed or customized to meet the unique needs of intelligent transport systems. The scope of this report also includes services provided for integrating such solutions or managed connectivity services.
This study was conducted with a global perspective in terms of smart transportation technologies and its applications. The scope of the report encompasses various components used in smart transportation namely solutions and services. The market also is divided based on modes of transportation.
Additionally, the application industry for the market is segmented into shared mobility, public transport, remote information/guidance, autonomous/driverless vehicles, and others, which include transit hub, electronic toll collection, and variable speed limit. The present global market offers an opportunity to the stakeholders, largely because of a surge in cloud-based services and the increased use of IoT devices across the automotive sector.
This report highlights different solution types in the smart transportation market, which include parking management, traffic management, security & surveillance, smart ticketing, passenger information management, and others comprising fleet management, vehicle telematics, and automatic number plate recognition (ANPR). The services segment is majorly sub-divided into training and consulting, integration services, support, and maintenance. The estimated and forecast market revenue considered in this report is the summation of prices for software, hardware, and subscription services.
This report also offers insights on drivers, restraints, and opportunities for the market, which was gathered through primary and secondary research. The strategy adopted by the companies in the global market is provided in the report to analyze ongoing trends in the market. The report provides market share analysis and key vendor profiles of top smart transportation solution providers. The region-level study includes North America, Europe, Asia-Pacific, Middle East, and Africa, and South America.
This report considers the impact of COVID-19 and the economy that caused the slowdown it created in the economy due to lockdown in various countries. When people are following social distancing and relying more on technology, it is observed that security threats have been increased along with growing cyber-attacks. It is expected that the demand for connectivity solutions across the automotive industry will increase due to the COVID-19 pandemic and boost the smart transportation market.
The Report Includes:
An overview of the global market for smart transportation technologies
Estimation of the market size and analyses of the global market trends, with data from 2019, estimates for 2020 with a projection of compound annual growth rates (CAGRs) through 2025
Market share analysis of smart transportation technologies based on transportation mode, component, application, technology deployment, and geographical region
Identification of new opportunities, challenges, and technological hurdles within the smart transportation applications
Impact analysis of COVID-19 on smart transportation market, and insights into transportation challenges during and post-COVID and some expected connectivity solutions across the automotive industry
Detailed analysis of the current market trends, market forecast, and discussion of technological, and regulatory elements that are affecting the future marketplace for smart transportation
Competitive landscape featuring major market participants, their company share analysis, and key strategies adopted by them
Company profiles of the leading automotive manufacturers and connectivity/security providers, including BMW Group, Daimler Group, General Motors (GM), BAE Systems Inc., Tesla Inc., NXP Semiconductors, Cisco Systems Inc., Verizon Communications Inc., and Honda Motor Co., Ltd.
Key Topics Covered:
Chapter 1 Introduction
Chapter 2 Summary and Highlights
Chapter 3 Market Overview
Categorization of Intelligent Transport Systems
Freeway Management and Arterial Management
Archived Data Management
Emergency Management Strategies
Construction and Maintenance Management Strategies
Other Traffic Management
Connected Vehicle (CV) Technology
Intelligent Transportation System (ITS) Applications
Key ITS Technologies
Benefits of ITS Applications: Smart Transportation Segment
IT Challenges in Smart Transportation
Impact of COVID-19 on Smart Transportation
Impact of COVID-19 on the Market for Smart Transportation
Transportation Challenges During COVID-19
Post COVID-19 - Expected Changes in Smart Transportation