Smart Transportation Market Size, Share & Trends Analysis Report By Solution (Parking, Traffic Management, Integrated Supervision), By Service (Cloud, Business, Professional), And Segment Forecasts, 2018 - 2024 - Product Image

Smart Transportation Market Size, Share & Trends Analysis Report By Solution (Parking, Traffic Management, Integrated Supervision), By Service (Cloud, Business, Professional), And Segment Forecasts, 2018 - 2024

  • ID: 4538825
  • Report
  • 61 pages
  • Grand View Research
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FEATURED COMPANIES

  • Accenture PLC
  • Alstom, SA
  • Cisco System, Inc.
  • Cubic Corporation
  • IBM
  • Indra Sistema S.A.
  • MORE
The global smart transportation market size is estimated to reach USD 285.12 billion by 2024., registering a CAGR of 22.5% during the forecast period. Rising number of on-road vehicles and ineffective existing transport infrastructure are expected to propel the need for efficient management systems. Favorable government initiatives for building better infrastructure and smooth running of existing transport systems are expected to boost industry growth.

Increasing investments in smart city projects are anticipated to open up new avenues for growth in the coming years as smart transportation is an integral part of any smart city. In addition, rising government focus on reducing greenhouse gas emissions and curbing alarming levels of traffic congestion is anticipated to drive industry growth over next few years. Increasing number of government mandates, such as those by the European Union (EU) and Directive on Intelligent Transport System, are also anticipated to favor the market during the forecast period.

On the flip side, need for massive capital for replacing existing infrastructure with smart technologically advanced systems is expected to hinder industry growth. Longer downtime for replacing existing systems may also pose a challenge to its growth and can affect daily commute.

Further key findings from the study suggest:
  • Key solutions available in the market include ticketing management systems, parking management systems, integrated supervision systems, and traffic management systems
  • Integrated supervision systems are used for reducing traffic blocks, minimizing accidents, and providing better safety measures. This segment holds high growth potential
  • The cloud service segment is anticipated to witness a surge in demand, owing to rising need for storage of data generated through these systems
  • Professional service vendors offer consulting services and may witness an increase in demand over the next few years, owing to need for services to upgrade existing infrastructure
  • The North America market accounted for over 27.0% of the global revenue in 2015; Asia Pacific, on the other hand, is estimated to be the fastest-growing segment, offering lucrative growth opportunities for industry players
  • Government initiatives to enhance transport infrastructure are expected to favor the Europe market for smart transportation. The MEA market is also likely to be driven by increasing government investments in transport infrastructure
  • Key industry participants include Accenture PLC; Alstom, SA; Cisco System, Inc.; Cubic Corporation; General Electric Company (GE); Indra Sistema S.A.; International Business Machine (IBM) Corporation; Kapsch; LG CNS Corporation; and Xerox Corporation.


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FEATURED COMPANIES

  • Accenture PLC
  • Alstom, SA
  • Cisco System, Inc.
  • Cubic Corporation
  • IBM
  • Indra Sistema S.A.
  • MORE
Chapter 1 Methodology and Scope
1.1 Research methodology
1.2 Research scope and assumptions
1.3 List of data sources

Chapter 2 Executive Summary
2.1 Smart transportation - Industry snapshot and key buying criteria, 2015 - 2024

Chapter 3 Smart Transportation Industry Outlook
3.1 Market segmentation
3.2 Market size and growth prospects
3.3 Smart transportation value chain analysis
3.4 Smart transportation market dynamics
3.4.1 Market driver analysis
3.4.1.1 Need for road safety
3.4.1.2 Increasing need to reduce greenhouse gas emission
3.4.1.3 Increasing investment in smart city projects
3.4.2 Market challenge analysis
3.4.2.1 Need for interoperability
3.5 Key opportunities - Prioritized
3.6 Industry analysis - Porter’s
3.7 Smart transportation competitor analysis, 2015
3.8 Smart transportation PESTEL analysis

Chapter 4 Smart Transportation Solution Outlook
4.1 Smart transportation market share by solution, 2015 & 2024
4.2 Ticketing management system
4.2.1 Global ticketing management system demand by region, 2015 - 2024
4.3 Parking management system
4.3.1 Global parking management system demand by region, 2015 - 2024
4.4 Integrated supervision system
4.4.1 Global integrated supervision system demand by region, 2015 - 2024
4.5 Traffic management system
4.5.1 Global traffic management system demand by region, 2015 - 2024

Chapter 5 Smart Transportation Service Outlook
5.1 Smart transportation market share by service, 2015 & 2024
5.2 Cloud services
5.2.1 Global cloud services demand by region, 2015 - 2024
5.3 Business services
5.3.1 Global business services demand by region, 2015 - 2024
5.4 Professional services
5.4.1 Global professional services demand by region, 2015 - 2024

Chapter 6 Smart Transportation Regional Outlook
6.1 Smart transportation market share by region, 2015 & 2024
6.2 North America
6.2.1 North America market, 2015 - 2024
6.2.2 North America market by solution, 2015 - 2024
6.2.3 North America market by service, 2015 - 2024
6.3 Europe
6.3.1 Europe market, 2015 - 2024
6.3.2 Europe market by solution, 2015 - 2024
6.3.3 Europe market by service, 2015 - 2024
6.4 Asia Pacific
6.4.1 Asia Pacific market, 2015 - 2024
6.4.2 Asia Pacific market by solution, 2015 - 2024
6.4.3 Asia Pacific market by service, 2015 - 2024
6.5 Rest of World (RoW)
6.5.1 RoW market, 2015 - 2024
6.5.2 RoW market by solution, 2015 - 2024
6.5.3 RoW market by service, 2015 - 2024

Chapter 7 Competitive Landscape
7.1 Accenture PLC
7.1.1 Company Overview
7.1.2 Financial Performance
7.1.3 Product Benchmarking
7.1.4 Strategic Initiatives
7.2 Alstom, SA
7.2.1 Company Overview
7.2.2 Financial Performance
7.2.3 Product Benchmarking
7.2.4 Strategic Initiatives
7.3 Cisco System, Inc.
7.3.1 Company Overview
7.3.2 Financial Performance
7.3.3 Product Benchmarking
7.3.4 Strategic Initiatives
7.4 Cubic Corporation
7.4.1 Company Overview
7.4.2 Financial Performance
7.4.3 Product Benchmarking
7.4.4 Strategic Initiatives
7.5 General Electric Company (GE)
7.5.1 Company Overview
7.5.2 Financial Performance
7.5.3 Product Benchmarking
7.5.4 Strategic Initiatives
7.6 Indra Sistema S.A.
7.6.1 Company Overview
7.6.2 Financial Performance
7.6.3 Product Benchmarking
7.6.4 Strategic Initiatives
7.7 IBM
7.7.1 Company Overview
7.7.2 Financial Performance
7.7.3 Product Benchmarking
7.7.4 Strategic Initiatives
7.8 Kapsch
7.8.1 Company Overview
7.8.2 Financial Performance
7.8.3 Product Benchmarking
7.8.4 Strategic Initiatives
7.9 LG CNS Corporation
7.9.1 Company Overview
7.9.2 Financial Performance
7.9.3 Product Benchmarking
7.9.4 Strategic Initiatives
7.10 Xerox
7.10.1 Company Overview
7.10.2 Financial Performance
7.10.4 Strategic Initiatives

List of Tables

Table 1 Smart transportation - Industry snapshot and key buying criteria, 2015 - 2024
Table 2 Global smart transportation market 2015 - 2024 (USD Billion)
Table 3 Global smart transportation market by region 2015 - 2024 (USD Billion)
Table 4 Smart transportation market 2015 - 2024 (USD Billion)
Table 5 Global smart transportation market by solution, 2015 - 2024 (USD Billion)
Table 6 Global smart transportation market by service, 2015 - 2024 (USD Billion)
Table 7 Transport Infrastructure investment (USD Billion)
Table 8 Smart transportation - Key market driver impact
Table 9 Smart transportation - Key market challenge impact
Table 10 List of key vendor
Table 11 Ticketing management system demand 2015 - 2024 (USD Billion)
Table 12 Global ticketing management system demand by region 2015 - 2024 (USD Billion)
Table 13 Parking management system demand 2015 - 2024 (USD Billion)
Table 14 Global parking management system demand by region 2015 - 2024 (USD Billion)
Table 15 Integrated supervision system demand 2015 - 2024 (USD Billion)
Table 16 Global Integrated supervision system demand by region 2015 - 2024 (USD Billion)
Table 17 Global traffic management system demand 2015 - 2024 (USD Billion)
Table 18 Global traffic management system demand by region 2015 - 2024 (USD Billion)
Table 19 Global cloud services demand 2015 - 2024 (USD Billion)
Table 20 Global cloud services demand by region 2015 - 2024 (USD Billion)
Table 21 Global business services demand 2015 - 2024 (USD Billion)
Table 22 Global business Services demand by region 2015 - 2024 (USD Billion)
Table 23 Global professional services demand 2015 - 2024 (USD Billion)
Table 24 Global professional services demand by region 2015 - 2024 (USD Billion)
Table 25 North America market 2015 - 2024 (USD Billion)
Table 26 North America market by solution 2015 - 2024 (USD Billion)
Table 27 North America market by service 2015 - 2024 (USD Billion)
Table 28 Europe market 2015 - 2024 (USD Billion)
Table 29 Europe market by solution 2015 - 2024 (USD Billion)
Table 30 Europe market by service 2015 - 2024 (USD Billion)
Table 31 Asia Pacific market 2015 - 2024 (USD Billion)
Table 32 Asia Pacific market by solution 2015 - 2024 (USD Billion)
Table 33 Asia Pacific market by service 2015 - 2024 (USD Billion)
Table 34 RoW market 2015 - 2024 (USD Billion)
Table 35 RoW market by solution 2015 - 2024 (USD Billion)
Table 36 RoW market by service 2015 - 2024 (USD Billion)

List of Figures

FIG. 1 Smart transportation market segmentation
FIG. 2 Global smart transportation market, (USD Billion), 2015 - 2024
FIG. 3 Smart transportation value chain analysis
FIG. 4 Smart transportation market dynamics
FIG. 5 Road traffic death rate, 2012
FIG. 6 Key opportunities prioritized
FIG. 7 Smart transportation - Porter’s analysis
FIG. 8 Smart transportation PESTEL analysis
FIG. 9 Smart transportation market share by solution, 2015 & 2024
FIG. 10 Smart transportation market share by service, 2015 & 2024
FIG. 11 Smart transportation market share by region, 2015 & 2024
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  • Accenture PLC
  • Alstom, SA
  • Cisco System, Inc.
  • Cubic Corporation
  • General Electric Company (GE)
  • Indra Sistema S.A.
  • IBM
  • Kapsch
  • LG CNS Corporation
  • Xerox
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