DALLAS, April 20, 2015 /PRNewswire/ --
According to a new market research report "IoT in Transportation Market by Components (Semiconductor, Wireless, and Others), Products, Software & Services, Verticals (Road, Rail, Air, and Maritime), Solutions, Applications, and Geography - Analysis & Forecast to 2014 - 2020", published by MarketsandMarkets, the market is expected to have an extensive growth in the near future. The geography segment is estimated to grow at a CAGR of 8.95% from 2014 to 2020. On the other hand, the product, software, and service segment is estimated to grow at a CAGR of 10.16% from 2014 to 2020. The report also includes an in-depth analysis of components, verticals, solutions, and applications.
Browse 87 market data Tables and 75 Figures spread through 200 Pages and in-depth TOC on "IoT in Transportation Market.
http://www.marketsandmarkets.com/Market-Reports/iot-in-transportation-market-48213177.html
Early buyers will receive 10% customization on this report.
The IoT in Transportation Market is expected to reach $143.93 Billion by 2020 at an estimated CAGR of 8.95% from 2014 to 2020.
IoT in transportation is a very dynamic market and entails a great potential across many industry verticals. The advancements in technology due to the never ending R&D in this sector makes it one of the prominent segments in the current IT industry scenario. The components, devices, and products have continuously developed from their traditional operations to meet the demands of the growing IoT technology. The software has a major role to play in this sector due to the cost effective matrix, and it leads to a longer life cycle of devices and systems with greater reliability. The highlighting features of IoT in transportation include higher efficiency, better properties to withstand rough environmental conditions, and a longer life that is best-suited for multiple transportation applications.
The report describes the market trends, drivers, and challenges with respect to the IoT in Transportation Market and forecasts the market till 2020. This global report gives a detailed view of the market across geographies The Americas, Europe, Asia-Pacific (APAC), Middle East, and Africa. The Americas is the largest geography in terms of the IoT in transportation market value. APAC has been identified as the fastest growing region. Europe has a very promising market, while the Middle East and Africa are also impetus to the growth. The report profiles 10 promising players in the IoT in transportation market.
The competitive landscape of the IoT in Transportation Market presents a very interesting picture, where a large number of small players have become a force to reckon with. The market is witnessing a large scale collaboration and partnership across the value and supply chain with a number of tier-one players around the globe.
Speak to Analyst @ http://www.marketsandmarkets.com/speaktoanalyst.asp?id=48213177
The major players in IoT in Transportation Market include Garmin International, Ltd. (U.S.), Thales Group (France), TomTom N.V. (The Netherlands), Denso Corp. (Japan), Alcatel-Lucent (France), Sierra Wireless, Inc. (Canada), AT&T, Inc. (U.S.), Verizon Communications (U.S.), Intel Corp. (U.S.), and so on.
Browse Related Reports
Industrial IoT Market by Technology (Wired, Wireless), Components (Sensors, Memory & Processors, Networking Components, RFID & others), Industry Verticals (Manufacturing, Transportation, Retail, Healthcare & others), & Geography - Global Forecast to 2020
http://www.marketsandmarkets.com/Market-Reports/industrial-internet-of-things-market-129733727.html
Internet of Things Technology and Application Market by Communication Technology (ZigBee, Z-Wave, Bluetooth, Wi-Fi, NFC, RFID), Application Vertical (Building Automation, Consumer, Wearable Electronics, Industrial, Automotive & Transportation, Agriculture) & Geography - Global Trends & Forecasts to 2014 - 2020
http://www.marketsandmarkets.com/Market-Reports/iot-application-technology-market-258239167.html
About MarketsandMarkets
MarketsandMarkets is world's No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.
M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical info graphics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
Subscribe Reports from Semiconductor & Electronic @ http://www.marketsandmarkets.com/Subscription.html
Visit MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com/market-reports/electronics-and-semiconductors
Contact:
Mr. Rohan
North - Dominion Plaza
17304 Preston Road
Suite 800, Dallas, TX 75252
Tel: +1-888-600-6441
E-mail: [email protected]
SOURCE MarketsandMarkets
Share this article