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Smart Transportation Market By Technology (IoT, Wireless Technology, GPS, and Sensing Technology), By Solutions (Parking Management Systems, Traffic Management Systems, Ticketing Management Systems, and Integrated Supervisory Systems), and By Services (Cloud services, Professional Services, and Business Services): Global Industry Perspective, Comprehensive Analysis And Forecast, 2017 – 2024

Published Date: 21-Sep-2018 Category: Technology & Media Report Format : PDF Pages: 215 Report Code: ZMR-1303 Status : Published

Global smart transportation market expected to reach USD 236.06 billion by 2024, growing with a CAGR of around 22.12% between 2018 and 2024. Smart transportation market is mainly driven by rising demand of passenger safety and concerns regarding environmental protection.

Description

The report covers forecast and analysis for the smart transportation market on a global and regional level. The study provides historic data for 2015, 2016, and 2017 along with a forecast from 2018 to 2024 based on revenue (USD Billion). The study includes drivers and restraints for the smart transportation market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the smart transportation market on a global level.

In order to give the users of this report a comprehensive view of the smart transportation market, we have included a detailed competitive scenario and product portfolio of key vendors. To understand the competitive landscape in the market, an analysis of Porter’s Five Forces model for the smart transportation market has also been included. The study encompasses a market attractiveness analysis, wherein all segments are benchmarked based on their market size, growth rate, and general attractiveness. 

Global Smart Transportation Market

Smart transportation market is segmented based on technology, solutions, services, and region. By technology, the market is bifurcated into IoT, wireless technology, sensing technology, and GPS. Solutions segment included in this market are parking management systems, traffic management systems, ticketing management systems, and integrated supervisory systems. Services segment includes cloud services, professional services, and business services. The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa with its further bifurcation into major countries including the U.S., Canada, Mexico, France, the UK, Germany, Russia, China, India, Japan, Australia, Brazil, and Argentina.

The report covers a detailed competitive outlook including company profiles of the key participants operating in the global smart transportation market. Key players profiled in this report include Cisco Systems, Alstom AG, Thales Group, Kapsch TrafficCom AG, Siemens AG, LG CNS Co. Ltd., Cubic Corporations, GE Transportation, IBM, Indra Sistemas S.A., WS Atkins, and Accenture Plc., among others.

The report segments the global smart transportation market as follows:

Global Smart Transportation Market: Technology Segment Analysis

  • IoT
  • Wireless Technology
  • Sensing Technology
  • GPS

Global Smart Transportation Market: Services Segment Analysis

  • Cloud services
  • Professional services
  • Business services

Global Smart Transportation Market: Solutions Segment Analysis

  • Parking management systems
  • Traffic management systems
  • Ticketing management systems
  • Integrated supervisory systems

Global Smart Transportation Market: Regional Segment Analysis

  • North America
    • The U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

Table Of Content

  • Chapter 1. Introduction
    • 1.1. Report Description and Scope
    • 1.2. Research Scope
    • 1.3. Research Methodology
      • 1.3.1. Market Research Process
      • 1.3.2. Market Research Methodology
  •  
  • Chapter 2. Executive Summary
    • 2.1. Global Smart Transportation Market, 2015-2024 (USD Billion)
    • 2.2. Global Smart Transportation Market: Snapshot
  •  
  • Chapter 3. Smart Transportation - Market Dynamics
    • 3.1. Introduction
    • 3.2. Market Drivers
      • 3.2.1. lack of Quality & Secure Transportation
      • 3.2.2. Rising Urban Population
      • 3.2.3. rising demand of passenger safety and concerns regarding environment protection
      • 3.2.4. Government Initiatives for Smart Cities
    • 3.3. Market Restraints
      • 3.3.1. Privacy Protection
      • 3.3.2. High Initial Investment
    • 3.4. Opportunities
      • 3.4.1. Emergence of New Wireless Technology
    • 3.5. Porter's Five Forces Analysis
      • 3.5.1. Bargaining Power of Suppliers
      • 3.5.2. Bargaining Power of Buyers
      • 3.5.3. Threat From New Entrants
      • 3.5.4. Threat From New Substitutes
      • 3.5.5. Degree of Competition
    • 3.6. Market Attractiveness Analysis
      • 3.6.1. Market Attractiveness Analysis, by Technology Segment
      • 3.6.2. Market Attractiveness Analysis, by Solutions Segment
      • 3.6.3. Market Attractiveness Analysis, by Services Segment
      • 3.6.4. Market Attractiveness Analysis, by Regional Segment
  •  
  • Chapter 4. Global Smart Transportation Market - Competitive Landscape
    • 4.1. Company Market Share Analysis (Subject to Data Availability)
      • 4.1.1. Global Smart Transportation Market: Company Market Share, 2017
    • 4.2. Strategic Development
      • 4.2.1. Acquisitions & Mergers
      • 4.2.2. New Product Launch
      • 4.2.3. Agreements, Partnerships, Collaborations and Joint Ventures
      • 4.2.4. Research and Development, Product and Regional Expansion
  •  
  • Chapter 5. Global Smart Transportation Market -Technology Segment Analysis
    • 5.1. Global Smart Transportation Market: Technology Overview
      • 5.1.1. Global Smart Transportation Market Revenue Share, by Technology, 2017 and 2024
    • 5.2. IoT
      • 5.2.1. Global Smart Transportation Market by IoT, 2015-2024 (USD Billion)
    • 5.3. Wireless Technology
      • 5.3.1. Global Smart Transportation Market by Wireless Technology, 2015-2024 (USD Billion)
    • 5.4. Sensing Technology
      • 5.4.1. Global Smart Transportation Market by Sensing Technology, 2015-2024 (USD Billion)
    • 5.5. GPS
      • 5.5.1. Global Smart Transportation Market by GPS, 2015-2024 (USD Billion)
  •  
  • Chapter 6. Global Smart Transportation Market - Solutions Segment Analysis
    • 6.1. Global Smart Transportation Market: Solutions Overview
      • 6.1.1. Global Smart Transportation Market Revenue Share, by Solutions, 2017 and 2024
    • 6.2. Parking Management Systems
      • 6.2.1. Global Smart Transportation Market by Parking Management Systems, 2015-2024 (USD Billion)
    • 6.3. Traffic Management Systems
      • 6.3.1. Global Smart Transportation Market by Traffic management systems, 2015-2024 (USD Billion)
    • 6.4. Ticketing management systems
      • 6.4.1. Global Smart Transportation Market by Ticketing Management Systems, 2015-2024 (USD Billion)
    • 6.5. Integrated supervisory systems
      • 6.5.1. Global Smart Transportation Market by Integrated Supervisory Systems, 2015-2024 (USD Billion)
  •  
  • Chapter 7. Global Smart Transportation Market - Services Segment Analysis
    • 7.1. Global Smart Transportation Market: Services Overview
      • 7.1.1. Global Smart Transportation Market Revenue Share, by Services, 2017 and 2024
    • 7.2. Cloud services
      • 7.2.1. Global Smart Transportation Market for Cloud services, 2015-2024 (USD Billion)
    • 7.3. Professional services
      • 7.3.1. Global Smart Transportation Market Professional Services, 2015-2024 (USD Billion)
    • 7.4. Business Services
      • 7.4.1. Global Smart Transportation Market for Business Services, 2015-2024 (USD Billion)
  •  
  • Chapter 8. North America Smart Transportation Market
    • 8.1. Global Smart Transportation Market: Regional Overview
      • 8.1.1. Global Smart Transportation Market Revenue Share, by Region, 2017 and 2024
    • 8.2. North America
      • 8.2.1. North America Smart Transportation Market, 2015-2024 (USD Billion)
      • 8.2.2. North America Smart Transportation Market Revenue, by Technology, 2015-2024 (USD Billion)
      • 8.2.3. North America Smart Transportation Market Revenue, by Solutions, 2015-2024 (USD Billion)
      • 8.2.4. North America Smart Transportation Market Revenue, by Services, 2015-2024 (USD Billion)
      • 8.2.5. U.S.
        • 8.2.5.1. U.S. Smart Transportation Market Revenue, by Technology, 2015-2024 (USD Billion)
        • 8.2.5.2. U.S. Smart Transportation Market Revenue, by Solutions, 2015-2024 (USD Billion)
        • 8.2.5.3. U.S. Smart Transportation Market Revenue, by Services, 2015-2024 (USD Billion)
      • 8.2.6. Canada
        • 8.2.6.1. Canada Smart Transportation Market Revenue, by Technology, 2015-2024 (USD Billion)
        • 8.2.6.2. Canada Smart Transportation Market Revenue, by Solutions, 2015-2024 (USD Billion)
        • 8.2.6.3. Canada Smart Transportation Market Revenue, by Services, 2015-2024 (USD Billion)
      • 8.2.7. Mexico
        • 8.2.7.1. Mexico Smart Transportation Market Revenue, by Technology, 2015-2024 (USD Billion)
        • 8.2.7.2. Mexico Smart Transportation Market Revenue, by Solutions, 2015-2024 (USD Billion)
        • 8.2.7.3. Mexico Smart Transportation Market Revenue, by Services, 2015-2024 (USD Billion)
  •  
  • Chapter 9. Europe Smart Transportation Market
    • 9.1.1. Europe Smart Transportation Market, 2015-2024 (USD Billion)
    • 9.1.2. Europe Smart Transportation Market Revenue, by Technology, 2015-2024 (USD Billion)
    • 9.1.3. Europe Smart Transportation Market Revenue, by Solutions, 2015-2024 (USD Billion)
    • 9.1.4. Europe Smart Transportation Market Revenue, by Services, 2015-2024 (USD Billion)
    • 9.1.5. France
      • 9.1.5.1. France Smart Transportation Market Revenue, by Technology, 2015-2024 (USD Billion)
      • 9.1.5.2. France Smart Transportation Market Revenue, by Solutions, 2015-2024 (USD Billion)
      • 9.1.5.3. France Smart Transportation Market Revenue, by Services, 2015-2024 (USD Billion)
    • 9.1.6. UK
      • 9.1.6.1. UK Smart Transportation Market Revenue, by Technology, 2015-2024 (USD Billion)
      • 9.1.6.2. UK Smart Transportation Market Revenue, by Solutions, 2015-2024 (USD Billion)
      • 9.1.6.3. UK Smart Transportation Market Revenue, by Services, 2015-2024 (USD Billion)
    • 9.1.7. Germany
      • 9.1.7.1. Germany Smart Transportation Market Revenue, by Technology, 2015-2024 (USD Billion)
      • 9.1.7.2. Germany Smart Transportation Market Revenue, by Solutions, 2015-2024 (USD Billion)
      • 9.1.7.3. Germany Smart Transportation Market Revenue, by Services, 2015-2024 (USD Billion)
    • 9.1.8. Russia
      • 9.1.8.1. Russia Smart Transportation Market Revenue, by Technology, 2015-2024 (USD Billion)
      • 9.1.8.2. Russia Smart Transportation Market Revenue, by Solutions, 2015-2024 (USD Billion)
      • 9.1.8.3. Russia Smart Transportation Market Revenue, by Services, 2015-2024 (USD Billion)
  •  
  • Chapter 10. Asia Pacific Smart Transportation Market
    • 10.1.1. Asia Pacific Smart Transportation Market, 2015-2024 (USD Billion)
    • 10.1.2. Asia Pacific Smart Transportation Market Revenue, by Technology, 2015-2024 (USD Billion)
    • 10.1.3. Asia Pacific Smart Transportation Market Revenue, by Solutions, 2015-2024 (USD Billion)
    • 10.1.4. Asia Pacific Smart Transportation Market Revenue, by Services, 2015-2024 (USD Billion)
    • 10.1.5. China
      • 10.1.5.1. China Smart Transportation Market Revenue, by Technology, 2015-2024 (USD Billion)
      • 10.1.5.2. China Smart Transportation Market Revenue, by Solutions, 2015-2024 (USD Billion)
      • 10.1.5.3. China Smart Transportation Market Revenue, by Services, 2015-2024 (USD Billion)
    • 10.1.6. India
      • 10.1.6.1. India Smart Transportation Market Revenue, by Technology, 2015-2024 (USD Billion)
      • 10.1.6.2. India Smart Transportation Market Revenue, by Solutions, 2015-2024 (USD Billion)
      • 10.1.6.3. India Smart Transportation Market Revenue, by Services, 2015-2024 (USD Billion)
    • 10.1.7. Japan
      • 10.1.7.1. Japan Smart Transportation Market Revenue, by Technology, 2015-2024 (USD Billion)
      • 10.1.7.2. Japan Smart Transportation Market Revenue, by Solutions, 2015-2024 (USD Billion)
      • 10.1.7.3. Japan Smart Transportation Market Revenue, by Services, 2015-2024 (USD Billion)
    • 10.1.8. Australia
      • 10.1.8.1. Australia Smart Transportation Market Revenue, by Technology, 2015-2024 (USD Billion)
      • 10.1.8.2. Australia Smart Transportation Market Revenue, by Solutions, 2015-2024 (USD Billion)
      • 10.1.8.3. Australia Smart Transportation Market Revenue, by Services, 2015-2024 (USD Billion)
  •  
  • Chapter 11. Latin America Smart Transportation Market
    • 11.1.1. Latin America Smart Transportation Market, 2015-2024 (USD Billion)
    • 11.1.2. Latin America Smart Transportation Market Revenue, by Technology, 2015-2024 (USD Billion)
    • 11.1.3. Latin America Smart Transportation Market Revenue, by Solutions, 2015-2024 (USD Billion)
    • 11.1.4. Latin America Smart Transportation Market Revenue, by Services, 2015-2024 (USD Billion)
    • 11.1.5. Brazil
      • 11.1.5.1. Brazil Smart Transportation Market Revenue, by Technology, 2015-2024 (USD Billion)
      • 11.1.5.2. Brazil Smart Transportation Market Revenue, by Solutions, 2015-2024 (USD Billion)
      • 11.1.5.3. Brazil Smart Transportation Market Revenue, by Services, 2015-2024 (USD Billion)
    • 11.1.6. Argentina
      • 11.1.6.1. Argentina Smart Transportation Market Revenue, by Technology, 2015-2024 (USD Billion)
      • 11.1.6.2. Argentina Smart Transportation Market Revenue, by Solutions, 2015-2024 (USD Billion)
      • 11.1.6.3. Argentina Smart Transportation Market Revenue, by Services, 2015-2024 (USD Billion)
  •  
  • Chapter 12. Middle East and Africa Smart Transportation Market
    • 12.1.1. Middle East and Africa Smart Transportation Market, 2015-2024 (USD Billion)
    • 12.1.2. Middle East and Africa Smart Transportation Market Revenue, by Technology, 2015-2024 (USD Billion)
    • 12.1.3. Middle East and Africa Smart Transportation Market Revenue, by Solutions, 2015-2024 (USD Billion)
    • 12.1.4. Middle East and Africa Smart Transportation Market Revenue, by Services, 2015-2024 (USD Billion)
    • 12.1.5. Saudi Arabia
      • 12.1.5.1. Saudi Arabia Smart Transportation Market Revenue, by Technology, 2015-2024 (USD Billion)
      • 12.1.5.2. Saudi Arabia Smart Transportation Market Revenue, by Solutions, 2015-2024 (USD Billion)
      • 12.1.5.3. Saudi Arabia Smart Transportation Market Revenue, by Services, 2015-2024 (USD Billion)
    • 12.1.6. UAE
      • 12.1.6.1. UAE Smart Transportation Market Revenue, by Technology, 2015-2024 (USD Billion)
      • 12.1.6.2. UAE Smart Transportation Market Revenue, by Solutions, 2015-2024 (USD Billion)
      • 12.1.6.3. UAE Smart Transportation Market Revenue, by Services, 2015-2024 (USD Billion)
  •  
  • Chapter 13. Company Profile
    • 13.1. Cisco Systems
      • 13.1.1. Overview
      • 13.1.2. Financials
      • 13.1.3. Product Portfolio
      • 13.1.4. Business Strategy
      • 13.1.5. Recent development
    • 13.2. Siemens AG
      • 13.2.1. Overview
      • 13.2.2. Financials
      • 13.2.3. Product Portfolio
      • 13.2.4. Business Strategy
      • 13.2.5. Recent development
    • 13.3. Alstom AG
      • 13.3.1. Overview
      • 13.3.2. Financials
      • 13.3.3. Product Portfolio
      • 13.3.4. Business Strategy
      • 13.3.5. Recent Development
    • 13.4. Thales Group
      • 13.4.1. Overview
      • 13.4.2. Financials
      • 13.4.3. Product Portfolio
      • 13.4.4. Business Strategy
      • 13.4.5. Recent Development
    • 13.5. Kapsch TrafficCom AG
      • 13.5.1. Overview
      • 13.5.2. Financials
      • 13.5.3. Product Portfolio
      • 13.5.4. Business Strategy
      • 13.5.5. Recent Development
    • 13.6. LG CNS Co. Ltd.
      • 13.6.1. Overview
      • 13.6.2. Financial
      • 13.6.3. Product Portfolio
      • 13.6.4. Business Strategy
      • 13.6.5. Recent Development
    • 13.7. Indra Sistemas S.A.
      • 13.7.1. Overview
      • 13.7.2. Financial
      • 13.7.3. Product portfolio
      • 13.7.4. Business Strategy
      • 13.7.5. Recent Development
    • 13.8. Cubic Corporations
      • 13.8.1. Overview
      • 13.8.2. Financial
      • 13.8.3. Product portfolio
      • 13.8.4. Business Strategy
      • 13.8.5. Recent Development
    • 13.9. GE Transportation
      • 13.9.1. Overview
      • 13.9.2. Financial
      • 13.9.3. Product Portfolio
      • 13.9.4. Business Strategy
      • 13.9.5. Recent Development
    • 13.10. IBM
      • 13.10.1. Overview
      • 13.10.2. Financial
      • 13.10.3. Product Portfolio
      • 13.10.4. Business Strategy
      • 13.10.5. Recent Development
    • 13.11. WS Atkins
      • 13.11.1. Overview
      • 13.11.2. Financial
      • 13.11.3. Product Portfolio
      • 13.11.4. Business Strategy
      • 13.11.5. Recent Development
    • 13.12. Accenture Plc.
      • 13.12.1. Overview
      • 13.12.2. Financial
      • 13.12.3. Product Portfolio
      • 13.12.4. Business Strategy
      • 13.12.5. Recent Development

Methodology

Free Analysis

Smart transportation provides innovative services in a different mode of transportation and traffic management. It offers smart driving, smart parking, smart rapid transit, and security system. Smart transportation also offers the higher efficiency of the whole transport system, less commute time, less traffic accident, and better passenger experience. It plays an important role in improving the reliability of public transportation and provides visibility on arrivals, departures, and route information to travelers for a hassle-free journey.

Major factors fueling the smart transportation market growth are lack of quality & secure transportation and poor traffic management. According to the WHO, more than 1.25 million people die every year due to poor traffic management. Furthermore, rising urban population and government initiatives for smart cities are other factors propelling the demand of smart transportation market. However, privacy protection and high initial investment are posing challenges to the smart transportation market. Nonetheless, the emergence of new technologies such as IoT, GPS, sensing technologies, and wireless technologies will pave opportunities for the smart transportation market.

Global Smart Transportation Market
 
Smart transportation market is segmented on the basis of solutions, services, and region. Solutions segment includes parking management systems, traffic management systems, ticketing management systems, and integrated supervisory systems. Traffic management segment held the largest share in 2017 due to the rising road traffic crashes. With services, the smart transportation market is divided into cloud services, professional services, and business services. Among these services, the cloud services segment dominated the smart transportation market, as cloud services provide autonomy, decision support, mobility, and the standard development environment for traffic management strategies remotely. Regionally, the market is divided into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. Europe held the largest share for smart transportation market in 2017 due to the early adoption of new technologies and several initiatives taken by the governments. For instance, Horizon 2020 is the biggest Europe research and innovation program, which has allocated USD 7,350.42 million for the period 2014-2020 for more efficient, secure, and efficient transport. North America is anticipated to witness significant growth over the forecast period due to government funding and increased safety on roads. The Asia Pacific is anticipated to witness robust growth especially in developing countries such as India, China, and South Korea. Moreover, the Indian Government has built a National Electric Mobility Mission Plan 2020 in order to incentivize adoption of green vehicles and increase the manufacturing capacity of the automotive sector domestically.

Key players profiled in the global smart transportation market include GE Transportation, Alstom AG, Thales Group, Kapsch TrafficCom AG, Siemens AG, LG CNS Co. Ltd., Indra Sistemas S.A., Accenture Plc., Cubic Corporations, IBM, WS Atkins, and Cisco Systems, among others

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