All the stats, data, facts and figures collected to compose the first class Europe Smart Transportation market report are obtained from the trustworthy sources such as websites, journals, mergers, newspapers and other authentic sources. This industry report provides market data even by considering new product development from beginning to launch. The report also has reviews about key players, major collaborations, merger acquisitions along with trending innovation and business policies. The business report analyses prospective and opportunities in new geographical market. An excellent Europe Smart Transportation market research report provides statistics on the current state of the industry as a valuable source of guidance and direction for companies and investors interested in this market.
Emerging product trends, major drivers, challenges and opportunities in the market are identified and analysed apparently while producing credible Europe Smart Transportation market analysis report. It helps customers or other market participants to be aware of the problems they may face while operating in the ICT industry over a longer period of time. The market data is analysed and forecasted using well established market statistical and coherent models. The global Europe Smart Transportation business report is generated based on the market type, size of the organization, availability on-premises, the end-users’ organization type, and the availability in areas such as North America, South America, Europe, Asia-Pacific and Middle East Africa.
Smart transportation market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market to grow at a CAGR of 20.3% in the above-mentioned forecast period.
Smart transportation collect data and controlling the real-time conditions, to improve performance. It is equipped with applications based on Intelligent Transportation System (ITS) and is connected wirelessly with Internet of Things (IoT) vertical technology. It is used for various applications such as mobility as a service, public transport, transit hubs, route information and route guidance, connected cars, video management and others.
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Driver:
The factors such as rise in use of vehicles results in increase in parking issues and rise in demand for efficient transportation worldwide are expected to emerge as the significant factor accelerating the growth of smart transportation market. In addition to this, rapid advancements in the areas such as data communication, mobility, cloud, and sensors that together form the IoT architecture, will further aggravate the growth of the smart transportation market. However, lack of standardization and uniformity in the solutions might lead to compatibility issues, resulting in a growth restraint for the market.
Rapid evolution with substantial technological advancements in semi-autonomous and autonomous vehicles is anticipated to generate lucrative opportunities for the Smart transportation market. The lack of internet penetration in underdeveloped countries and high investment in improving the infrastructures of the existing transportation industry will pose a challenge for the smart transportation market.
Some key players mentioned in the report are:
Kapsch Traffic Com AG, Thales Group, Alstom, Schneider Electric, Siemens., MSR-Traffic GmbH , Cubic Corporation, atkinsglobal, Cisco., Accenture, IBM India Pvt Ltd, LG CNS, Indigo, Toshiba Corporation, Oracle, SAP, Huawei Technologies Co., Ltd., Intel Corporation, Parsons Corporation
Key Insights that Study is going to provide:
- The 360-degree Europe Smart Transportation overview based on a global and regional level
- Market Share Sales Revenue by Key Players Emerging Regional Players
- A separate chapter on Market Entropy to gain insights on Leaders aggressiveness towards market [Merger Acquisition / Recent Investment and Key Developments]
- May vary depending upon availability and feasibility of data with respect to Industry targeted
- Patent Analysis** No of patents / Trademark filed in recent years.
- A complete and useful guide for new market aspirants
- Forecast information will drive strategic, innovative and profitable business plans and SWOT analysis of players will pave the way for growth opportunities, risk analysis, investment feasibility and recommendations
- Various Europe Smart Transportation industry leading players are studied with respect to their company profile, product portfolio, capacity, price, cost, and revenue.
Key Market Segmentation:
By Solution (Traffic Management Solution, Passenger Information Solution, Smart Ticketing Solution, Parking Management Solution, Integrated Supervision Solution, Insurance Telematics Solution), Service (Cloud Services, Professional Services), Transportation Mode (Roadways, Railways, Airways, Waterways)
The countries covered in the Europe Smart Transportation Market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Table of Contents:
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by End-user
Customer Landscape
Geographic Landscape
Key leading countries
Vendor Landscape
Vendor Analysis
Appendix
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