DMT
Geregistreerd op: 09 Mei 2018
Berichten: 418
|
 Geplaatst: 11-09-2019 10:32:10 Onderwerp: fessional services Smart T |
 |
|
|
Smart Transportation Market Size Kolton Miller Hat , Share, Key Segments, SWOT, Segments And Forecast By 2024
by nareshpatil · July 3, 2019
San Francisco Reggie Nelson Hat , 03 July 2019鈥娾€斺€奣he global smart transportation market size is estimated to reach USD 285.12 billion by 2024, according to a new study by Grand View Research, Inc., registering a CAGR of 22.5% during the forecast period. Rising number of on-road vehicles and ineffective existing transport infrastructure are expected to propel the need for efficient management systems. Favorable government initiatives for building better infrastructure and smooth running of existing transport systems are expected to boost industry growth.
Increasing investments in smart city projects are anticipated to open up new avenues for growth in the coming years as smart transportation is an integral part of any smart city. In addition, rising government focus on reducing greenhouse gas emissions and curbing alarming levels of traffic congestion is anticipated to drive industry growth over next few years. Increasing number of government mandates Amari Cooper Hat , such as those by the European Union (EU) and Directive on Intelligent Transport System, are also anticipated to favor the market during the forecast period.
On the flip side, need for massive capital for replacing existing infrastructure with smart technologically advanced systems is expected to hinder industry growth. Longer downtime for replacing existing systems may also pose a challenge to its growth and can affect daily commute.
To request a sample copy or view summary of this report, click the link below:
Further key findings from the study suggest:
Key solutions available in the market include ticketing management systems, parking management systems Jared Cook Hat , integrated supervision systems, and traffic management systems
Integrated supervision systems are used for reducing traffic blocks, minimizing accidents, and providing better safety measures. This segment holds high growth potential
The cloud service segment is anticipated to witness a surge in demand, owing to rising need for storage of data generated through these systems
Professional service vendors offer consulting services and may witness an increase in demand over the next few years Derek Carr Hat , owing to need for services to upgrade existing infrastructure
The North America market accounted for over 27.0% of the global revenue in 2015; Asia Pacific, on the other hand, is estimated to be the fastest-growing segment, offering lucrative growth opportunities for industry players
Government initiatives to enhance transport infrastructure are expected to favor the Europe market for smart transportation. The MEA market is also likely to be driven by increasing government investments in transport infrastructure
Key industry participants include Accenture PLC; Alstom, SA; Cisco System Hunter Renfrow Hat , Inc.; Cubic Corporation; General Electric Company (GE); Indra Sistema S.A.; International Business Machine (IBM) Corporation; Kapsch; LG CNS Corporation; and Xerox Corporation.
Grand View Research has segmented the global smart transportation market report based on solution, service, and region:
Smart Transportation Solution Outlook (Revenue, USD Billion, 2015鈥?024)
Ticketing management system
Parking management system
Integrated supervision system
Traffic management system
Smart Transportation Service Outlook (Revenue Foster Moreau Hat , USD Billion, 2015鈥?024)
Cloud services
Business services
Professional services
Smart Transportation Regional Outlook (Revenue, USD Billion, 2015鈥?024)
North America
Europe
Asia Pacific
ROW
Browse Press Release of this Report:
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company Isaiah Johnson Hat , registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals Maxx Crosby Hat , materials and healthcare.
For More Information: Aman Jain . Cheap Jerseys Cheap Jerseys From China Wholesale Jerseys China Cheap Football Jerseys Cheap NFL Jerseys Cheap Authentic NFL Jerseys Wholesale NFL Jerseys China Wholesale Jerseys Cheap Nike NFL Jerseys Wholesale NFL Jerseys Free Shipping |
|
