A Global Smart Transportation Market Research Report from Emergen Research was created after careful consideration of the Smart Transportation industry's crucial commercial information and wide-ranging geographical coverage. This report addresses both qualitative and quantitative aspects of the Smart Transportation market in addition to offering significant statistical data regarding the Smart Transportation market. In addition to past data from 2017 to 2018, the research study offers a precise projection for the Smart Transportation market through 2027. The research provides a thorough analysis of both existing and up-and-coming market participants. The report also includes information on the companies' business overviews, product portfolios, and expansion plans.

The global smart transportation market size was USD 103.81 Billion in 2021 and is expected to register a revenue CAGR of 10.6% during the forecast period, according to latest analysis by Emergen Research. Technological advancements to enhance customer experience is the major factor driving market revenue growth.

The COVID-19 pandemic's current mobility restrictions and lockdowns are anticipated to have a severe impact on the expansion of the Smart Transportation industry. The Smart Transportation sector is anticipated to be impacted by the COVID-19 pandemic in addition to other significant worldwide markets. The slowdown in economic expansion and the rapid shifts in demand will have an even greater impact on industry growth. The investigation of the COVID-19 pandemic's effects on the entire Smart Transportation industry is covered in the report.

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Leading companies operating across the global Smart Transportation market:

Thales, Huawei Technologies Co., Ltd., Siemens, IBM, Cisco Systems, Inc., SAP, Cubic Corporation, Alstom, Bombardier, and Toshiba Corporation

Global Smart Transportation Market Highlights:

  • Regional demand estimation and forecast
  • Product Mix Matrix
  • R&D Analysis
  • Cost-Benefit Analysis
  • Pre-commodity pricing volatility
  • Supply chain optimization analysis
  • Technological updates analysis
  • Raw Material Sourcing Strategy
  • Competitive Analysis
  • Mergers & Acquisitions
  • Location Quotients Analysis
  • Carbon Footprint Analysis
  • Patent Analysis
  • Vendor Management

Competitive Landscape:

The most recent study offers an incisive overview of the market's broad competitive landscape while highlighting the main competitors and their business profiles. The research has addressed a wide range of strategic actions done by these organisations, including new business deals, mergers and acquisitions, collaborations, joint ventures, technical advancement, and recent product introductions. The competitive environment of the market is examined in the research in several ways, including the regulatory standards and policies put in place recently across the sector. Our team of industry professionals has used a number of strong analytical tools, including Porter's Five Forces analysis and SWOT analysis, to provide a thorough overview of the global Smart Transportation market and identify the key growth trends.

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Key Parameters Analyzed in This Section:

  • Company Profiles
  • Gross Revenue
  • Profit margins
  • Product sales trends
  • Product pricing
  • Industry Analysis
  • Sales & distribution channels

Segments Covered in this report are:

    • Component Type Outlook (Revenue, USD Billion; 2019-2030)

      • Railways
      • Roadways
      • Airways
      • Maritime
    • Application Type Outlook (Revenue, USD Billion; 2019-2030)

      • Mobility as a Service
      • Smart Ticketing Solution
      • Route Information and Route Guidance
      • Passenger Information
      • Public Transport
      • Transit Hubs
      • Connected Cars
      • Video Management
      • Others
    • Communication Technology Outlook (Revenue, USD Billion; 2019-2030)

      • Communication Technology in Roadways
      • Communication Technology in Railways
      • Communication Technology in Airways
      • Communication Technology in Maritime

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Regional Segmentation:

  • North America
  • Latin America
  • Europe
  • Middle East & Africa
  • Asia Pacific

Key Points Covered in This Section:

  • Regional contribution
  • Estimated revenue generation
  • Vital data and information about the consumption rate in all the leading regional segments
  • An expected rise in market share
  • Forecast growth in the overall consumption rate
  • Besides offering a vivid depiction of the global Smart Transportation business sphere and its fundamental operations, the latest report provides the industrial chain analysis and list down the current and future market trends and growth opportunities.
  • The report includes information on the present and historical market scenarios, which helps forecast the market conditions over the next eight years (2020-2027). 
  • The report scrutinizes the salient factors influencing the growth of the market in the near future.
  • The strategic marketing recommendations, crucial information related to the new market entrants, and expansion plans of various businesses are poised to provide the reader with a competitive edge in the market.

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