Reports and Data has published a novel research report titled, “Global Smart Transportation & Market-Industry Analysis, Size, Share, Growth, Trends, and Forecast 2021-2028”. The report offers a comprehensive analysis of the Smart Transportation industry including recent development the market and emerging trends to help users, readers, and investors to understand market scenario and make investment plans accordingly. The report offers details about market size, market share, revenue growth, drivers, restraints, opportunities and challenges. The report is formulated through extensive research which is verified by experts in the industry.

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Market Overview:

The global smart transportation market size is expected to reach USD 208.86 Billion in 2028 and register a revenue CAGR of 10.4% during the forecast period. Rise in urban population and increase in traffic are driving smart transportation market’s revenue growth.

Competitive Landscape:

The report also focuses on details of each market player including its global position, financial standing, company overview, product & service portfolio, and revenue generation. The global Smart Transportation market is extremely competitive and consists of several key players at regional and global level. These players are focusing on various strategies such as investments in R&D, new product launches, mergers and acquisitions, partnerships, joint ventures and collaborations to strengthen their market position.

Leading companies operating in the market are:

Siemens AG, Thales Group, Cubic Corporation, General Electric Company, Accenture PLC, Cisco Systems, International Business Machines (IBM) Corporation, Trapeze Software Group, TransCore Inc., and Huawei Technologies Co., Ltd.

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Global Smart Transportation Market Segmentation:

By Solution Outlook 

• Software
• Services

By Transportation Mode Outlook  

• Roadways
• Railways
• Airways
• Maritime

By Application Outlook

• Mobility as a Service
• Route Information and Route Guidance
• Public Transport
• Transit Hubs
• Connected Cars
• Video Management
• Others

Regional Outlook:

The report offers in depth analysis of leading regions categorized into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.

Regional Analysis covers:

• North America
  • S.
  • Canada
  • Mexico
• Europe
  • Germany
  • Italy
  • K.
  • Rest of EU
• Asia Pacific
  • India
  • China
  • Japan
  • South Korea
  • Rest of APAC
• Latin America
  • Brazil
  • Argentina
  • Rest of Latin America
• Middle East & Africa
  • Saudi Arabia
  • South Africa
  • A.E
  • Rest of MEA

Key questions addressed in the report:

• What are the key outcomes of Porter’s Five Force analysis?
• What CAGR is the global Smart Transportation market expected to register during the forecast period?
• Who are the key players operating in the global Smart Transportation market?
• What are the key factors that are expected to boost market growth between 2021 and 2028?
• Which key factors are expected to hamper overall market growth?
• What is the expected market size of Smart Transportation market between 2021 and 2028?

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