Report

smart transportation market

Smart Transportation Market By Transportation Mode (Roadways, Railways), By Component (Solutions [Advanced Traffic Management System, Advanced Vehicle Control and Safety System, Advanced Public Transportation System, Advanced Transportation Pricing System, Advanced Commercial Vehicle Operation System, Advanced Traveler Information System] and Services [Implementation & Integration Services, Support & Maintenance Services, Training & Consulting Services]), By Application (Safety & Security, Autonomous/Connected Cars, Traffic Management, Shared Mobility, Route Guidance), and By Region (North America, Europe, APAC, RoW) – Global Forecast up to 2025

pages Pages: 79
tables Tables: 30
charts Charts: 26
country Regions/Countries: 4/8
compaines Companies: 12
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This market research report includes a detailed segmentation of the global smart transportation market by transportation mode (roadways and railways), by component (solutions [advanced traffic management system, advanced vehicle control and safety system, advanced public transportation system, advanced transportation pricing system, advanced commercial vehicle operation system, advanced traveler information system, and others] and services [implementation & integration services, support & maintenance services, and training & consulting services]), by application (safety & security, autonomous/connected cars, traffic management, shared mobility, route guidance, and others), and by region (North America, Europe, APAC, and RoW). The market research report identifies Cisco, IBM, Siemens, Thales Group, SAP, Oracle, Kapsch TrafficCom, Cubic Corporation, TomTom, and Clever Devices as the major vendors operating in the global smart transportation market.

Overview of the Smart Transportation Market

According to Infoholic Research, the global smart transportation market is expected to grow at a CAGR of more than 18% during the forecast period 2019–2025. In today's fast-moving urban life, traffic congestion and other traffic-related issues are among the major challenges faced by an individual daily. The concept of smart cities is also promoting smart transport infrastructure, safer roads, and intelligent transport systems for enhancing mobility in smart cities.

Smart transportation solutions are encouraging effective transportation by assisting drivers, tracking assets, and managing traffic & movement of vehicles, which make traveling safer, easier, and more comfortable. These solutions are also being used for monitoring commercial fleets and adhering to regulations that help organizations in reducing operational costs.

According to the smart transportation industry analysis, Europe is estimated to maintain the dominant position in the global smart transportation market, followed by North America. The Asia Pacific region is expected to witness the fastest growth rate during the forecast period as governments in developing countries across Asia Pacific are investing heavily in smart transportation to offer seamless transport services and meet the ever-growing passenger demand.

Smart Transportation Market Research Competitive Analysis and Key Vendors

The report covers and analyzes the global smart transportation market. Major vendors across different verticals are planning for high investments in this market, and as a result, the smart transportation market is expected to grow at an impressive rate in the coming years. The key players in this market are adopting various organic as well as inorganic growth strategies, such as mergers & acquisitions, collaborations & partnerships, joint ventures, and few other strategies, to be in a strong position in the market.

Few of the Key Vendors in the Smart Transportation Market Research:

  • Cisco
  • IBM
  • Siemens
  • Thales Group
  • SAP
  • Oracle
  • Kapsch TrafficCom
  • Cubic Corporation
  • TomTom
  • Clever Devices

Cisco’s Connected Transportation offers solutions in the areas of roadways, railways, aviation, maritime, and mass transit for enhancing safety, mobility, and operational efficiency.

There are numerous other vendors that have been studied based on the portfolio, geographical presence, marketing & distribution channels, revenue generation, and significant investments in R&D for analysis of the entire ecosystem.

Smart Transportation Market Research, By Transportation Mode

  • Roadways
  • Railways

The railways segment is expected to witness significant growth at the highest CAGR to meet the growing demand for streamlining railway operations. Various governments are focusing on improving railway infrastructure and empowering next-generation automated trains. Few government railway projects include “EU Rail 2050 Vision”, “California’s High-Speed Rail Project”, and “China’s One Belt One Road Program” among many others.

Smart Transportation Market Research, By Components

  • Advanced Traffic Management System
  • Advanced Vehicle Control and Safety System
  • Advanced Public Transportation System
  • Advanced Transportation Pricing System
  • Advanced Commercial Vehicle Operation System
  • Advanced Traveler Information System
  • Others
  • Services
  • Implementation & Integration Services
  • Support & Maintenance Services
  • Training & Consulting Services

The solutions segment is estimated to hold the largest market share and is expected to witness significant growth due to the high demand for intelligent transport systems for upgrading the traditional transport infrastructure and reducing traffic congestion.

Smart Transportation Market Research, By Application

  • Safety & Security
  • Autonomous/Connected Cars
  • Traffic Management
  • Shared Mobility
  • Route Guidance
  • Others

The safety & security segment is expected to grow at the highest rate during the forecast period as physical or vehicle security, as well as data security, always remain an important concern. Public safety & security is among the major reasons for the growth of this segment in the coming years.

Smart Transportation Market Research Benefits

The report provides an in-depth analysis of the smart transportation market. There have been significant developments in the area of smart transportation, and with the growing trend of IoT, the demand for smart transportation solutions and intelligent transport systems is also expected to increase. The report discusses the market in terms of transportation mode, solutions, services, applications, and regions. The report covers the present scenario and growth prospects of the smart transportation market during 2018–2025. Further, the report provides details about the major challenges impacting the market growth.

1          Executive Summary

1.1     Synopsis of Key Findings

2          Industry Outlook

2.1     Overview

2.2     Key Industry Trends

3          Market Snapshot

3.1     Total Addressable Market

3.2     Segmented Addressable Market

3.2.1   PEST Analysis

3.2.2   Porter’s Five Force Analysis

3.3     Related Markets

4          Market Characteristics

4.1     Market Ecosystem

4.2     Market Segmentation

4.3     Market Dynamics

4.3.1   Market Drivers

4.3.2   Market Restraints

4.3.3   Market Opportunities

4.3.4   DRO – Impact Analysis

5          Global Smart Transportation Market, By Transportation Mode

5.1     Overview

5.2     Roadways

5.3     Railways

6          Global Smart Transportation Market, By Component

6.1     Overview

6.2     Solutions

6.2.1   Advanced Traffic Management System (ATMS)

6.2.2   Advanced Vehicle Control & Safety System (AVCSS)

6.2.3   Advanced Public Transportation System (APTS)

6.2.4   Advanced Transportation Pricing System (APTS)

6.2.5   Advanced Commercial Vehicle Operation System (ACVOS)

6.2.6   Advanced Traveler Information System (ATIS)

6.2.7   Others

6.3     Services

6.3.1   Implementation & Integration Services

6.3.2   Support & Maintenance Services

6.3.3   Training & Consulting Services

7          Global Smart Transportation Market, By Application

7.1     Overview

7.2     Safety & Security

7.3     Autonomous/Connected Cars

7.4     Traffic Management

7.5     Shared Mobility

7.6     Route Guidance

7.7     Others

8          Global Smart Transportation Market, By Region

8.1     Overview

8.2     North America

8.2.1   US

8.2.2   Canada

8.3     Europe

8.3.1   Germany

8.3.2   UK

8.3.3   Rest of Europe        

8.4     APAC

8.4.1   China 

8.4.2   India

8.4.3   Rest of APAC 

8.5     RoW

8.5.1   MEA

8.5.2   Latin America

9          Competitive Landscape

9.1     Competitor Analysis

9.2     Product/Offerings Portfolio Analysis

9.3     Market Developments

9.3.1   Mergers & Acquisitions (M&A), Expansions, Partnerships

9.3.2   Business Restructuring

9.3.3   Product Launches & Exhibitions

10        Vendors Profile

10.1    Cisco

10.1.1 Analyst Opinion

10.1.2 Business Analysis

10.2    IBM

10.2.1 Analyst Opinion

10.2.2 Business Analysis

10.3    Siemens

10.3.1 Analyst Opinion

10.3.2 Business Analysis

10.4    Thales

10.4.1 Analyst Opinion

10.4.2 Business Analysis

10.5    SAP

10.5.1 Analyst Opinion

10.5.2 Business Analysis

10.6    Oracle

10.6.1 Analyst Opinion

10.6.2 Business Analysis

10.7    Kapsch TrafficCom

10.7.1 Analyst Opinion

10.7.2 Business Analysis

10.8    Cubic Corporation

10.8.1 Analyst Opinion

10.8.2 Business Analysis

10.9    TomTom

10.9.1 Analyst Opinion

10.9.2 Business Analysis

10.10  Clever Devices

10.10.1 Analyst Opinion

10.10.2 Business Analysis

10.11  Alstom

10.12  Telit

11        Annexure

11.1    Report Scope

11.2    Market Definition

11.3    Research Methodology

11.3.1 Data Collation & In-house Estimation

11.3.2 Market Triangulation

11.3.3 Forecasting

11.4    Study Declarations

11.5    Report Assumptions

11.6    Stakeholders 

11.7    Abbreviations

Research Framework

Infoholic Research works on a holistic 360° approach in order to deliver high quality, validated and reliable information in our market reports. The Market estimation and forecasting involves following steps:

  • Data Collation (Primary & Secondary)
  • In-house Estimation (Based on proprietary data bases and Models)
  • Market Triangulation
  • Forecasting
Methodology

Market related information is congregated from both primary and secondary sources.

Primary sources

Involved participants from all global stakeholders such as Solution providers, service providers, Industry associations, thought leaders etc. across levels such as CXOs, VPs and managers. Plus, our in-house industry experts having decades of industry experience contribute their consulting and advisory services.

Secondary sources

Include public sources such as regulatory frameworks, government IT spending, government demographic indicators, industry association statistics, and company publications along with paid sources such as Factiva, OneSource, Bloomberg among others.

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Smart Transportation Market By Transportation Mode (Roadways, Railways), By Component (Solutions [Advanced Traffic Management System, Advanced Vehicle Control and Safety System, Advanced Public Transportation System, Advanced Transportation Pricing System, Advanced Commercial Vehicle Operation System, Advanced Traveler Information System] and Services [Implementation & Integration Services, Support & Maintenance Services, Training & Consulting Services]), By Application (Safety & Security, Autonomous/Connected Cars, Traffic Management, Shared Mobility, Route Guidance), and By Region (North America, Europe, APAC, RoW) – Global Forecast up to 2025
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