Key Players: Siemens AG, Cubic Corporation, IBM, Accenture PLC, Cisco Systems, Xerox Corporation, General Electric Company, LG CNS, Thales Group, and Alstom SA.
The smart transportation market was valued at USD 55.00 billion in 2017 and is expected to reach USD 149.21 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 14.7% during the forecast period.
Detailed study on Smart Transportation Market by MarketsandMarkets™ provides broad analysis on the basis of Types, Applications and key players which is useful for better decision making.
he smart transportation market for mass transit is primarily driven by rising population, urbanization, infrastructural spending and environmental concerns for emission control. With the growth in urbanization, there would be an increase in the number of commuters which would increase the demand for public transport during the forecast period.
ReportsWeb Adds “Global Smart Transportation Market” offers an up-to-date analysis of the Market with regards to the innovations, current competitive landscape and latest trends and drivers, to provide new predictions for the forecast period.
ReportsnReports.com a leading business intelligence provider, released its latest research report on “Global Smart Transportation Market”.
Smart Transportation market Analysis 2019 to 2025 Global Research Report explores market size, share, growth, trend, regional outlook, industry segmentation, demand, revenue and historical data with competitor’s analysis.
Smart Transportation Market is expected to register an excellent growth over the forecast timeline, China to emerge as the pioneering regional contenders
Smart transportation Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. A new report shares details about market players influencing the market are profiled in the study along with their SWOT analysis and market strategies.
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