Smart Transportation Market 2020 Global Size, Regional Trends, Revenue Analysis, Developments, Growth Factors, Company Profile, Future Plans and Industry Expansion Strategies 2022

Smart Transportation Market 2020 Global Size, Regional Trends, Revenue Analysis, Developments, Growth Factors, Company Profile, Future Plans and Industry Expansion Strategies 2022

Market Research Future
Market Research Future published a research report on “Smart Transportation Market Research Report- Forecast to 2022” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2022.

Smart Transportation Market – Overview

Smart transportation refers to the use of artificial intelligence and internet of things (IoT) for management and co-ordination of transportation in metropolitan cities. The technology informs users to make smart use of public transportation and paves the way for smarter infrastructure. The global smart transportation market report by Market Research Future (MRFR) covers trends and opportunities for the period of 2016 to 2022 (forecast period). The COVID-19 outbreak and its impact on the industry is covered in detail in the market.

Get Free Sample Report @

Market Scope

The global smart transportation market is expected to grow at USD 273 billion by 2022, at ~24% of CAGR between 2016 and 2022.

Key Players

The prominent players in the Smart Transportation Market are – Cisco Systems, Inc. (U.S.), General Electric Company (U.S.), Alstom SA (France), Cubic Corporation (U.S.), Kapsch (Austria), IBM Corporation (U.S.), Thales Group (France), Siemens AG (Germany), AECOM (U.S.), Accenture Plc (Ireland), LG CNS Co. Ltd. (Korea), TomTom International B.V. (Netherlands) among others.

Global Smart Transportation Market – Segmentation

The smart transportation market is segmented by solution and service. The solution segment consists of various solutions as Traffic management, smart ticketing, Parking management, integrated supervision, passenger information solution, and Insurance telematics solution. The smart ticketing integrates online ticketing, onboard ticketing, smart card ticketing, and mobile application ticketing. The smart ticketing solution aims to provide better services to their customers and also minimize fund leakage & fare avoidance situations. The traffic management solution is used in various road traffic environments to follow and capture numerous vehicles at the same time in a large scene and manage the traffic smartly and effectively.

Global Smart Transportation Market – Regional Analysis

The regional analysis of smart transportation market is being studied for regions of Asia Pacific (APAC), Americas, Europe, and Rest-of-the-World (RoW). Rapid digitization across different industries has driven the market of Smart Transportation in European region. European region is expected to dominate in the Smart Transportation market by the forecast period owing to digital transformation, technological advancements, and increasing adoption of smart connected devices. The study reveals that government initiatives towards smart transportation in the European region are driving the smart transportation market in this region. North America region followed by Europe is expected to grow significantly by the forecast period. Asia-Pacific countries like China, Japan, India and Korea are expected to show a steady growth in the Smart Transportation Market.

Get complete Report @

Intended Audience

  • Public transportation authorities
  • Networking and Communication Service Providers (CSPs)
  • Cloud service providers
  • Smart cities stakeholders
  • Investors and consultants
  • System Integrators
  • Government Organizations
  • Research/Consultancy firms
  • Technology solution providers
  • Transport agencies

About Us:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Media Contact
Company Name: Market Research Future
Contact Person: Sakshi Mishra
Email: Send Email
Phone: 09617050300
Address:Office No. 528, Amanora Chambers Pune – 411028
City: pune
State: Maharashtra
Country: India