Smart Transportation Market Revenue Share, Growth Factors, Trends, Analysis & Forecast, 2021–2030

Growing number of smartphones and increasing use of m-commerce are key factors driving smart transportation market revenue growth

The Global Smart Transportation Market Research Report added by Emergen Research to its expanding repository is an all-inclusive document containing insightful data about the Smart Transportation market and its key elements. The report is formulated through extensive primary and secondary research and is curated with an intent to offer the readers and businesses a competitive edge over other players in the industry. The report sheds light on the minute details of the Smart Transportation industry pertaining to growth factors, opportunities and lucrative business prospects, regions showing promising growth, and forecast estimation till 2027. The report assesses the historical data and current scenario to offer accurate estimations of the Smart Transportation market in the coming years. The report values the Smart Transportation market at USD 254.78 Billion by the year 2027, growing steadily at a CAGR of 10.6 %.

Furthermore, the report provides a comprehensive analysis of the factors that are likely to bolster or impede the growth of the market in the coming years. The report considers the COVID-19 pandemic that is currently unfolding as a key market influencer. The report provides a thorough estimation of the overall impact of the pandemic on the Smart Transportation market and its vital segments. The report also discusses the impact of the pandemic across different regions of the market. It also offers a current and future assessment of the impact of the pandemic on the Smart Transportation market.

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The report further divides the Smart Transportation market into key segments such as types, applications, end-user industries, technologies, and key regions of the market. The report also sheds light on the segment and region exhibiting promising growth in the Smart Transportation market.

Smart Transportation Market Segmentation

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

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Regional Segmentation

North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

The report also studies the key companies of the Smart Transportation market along with analysis of their business strategies, MA activities, investment plans, product portfolio, financial standing, gross profit margin, and production and manufacturing capacities.

Some players analyzed in the report are:

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

To know more about the report, visit @ https://www.emergenresearch.com/industry-report/smart-transportation-market

Key Questions Answered by the Report:

Which region is expected to dominate the market in the coming years?

What are the recent technological and product advancements occurring in the market?

What are the key strategies adopted by the prominent players in the Smart Transportation market?

What are the key product types and applications of the Smart Transportation industry?

What is the outcome of SWOT analysis and Porter’s Five Forces analysis?

How is the competitive landscape of the Smart Transportation market?

Who are the key players in the industry?

What is the growth rate of the industry over the coming years?

What will be the valuation of the Smart Transportation Market by 2030?

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Thank you for reading the report. The report can be customized as per the requirements of the clients. For further information or query about customization, please reach out to us, and we will offer you the report best suited for your needs.

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