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IoT in Intelligent Transportation System - Global Market Trajectory & Analytics

  • ID: 5030652
  • Report
  • July 2020
  • Region: Global
  • 146 pages
  • Global Industry Analysts, Inc
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Global IoT in Intelligent Transportation System Market to Reach US$274.3 Billion by the Year 2027

Amid the COVID-19 crisis, the global market for IoT in Intelligent Transportation System estimated at US$77.8 Billion in the year 2020, is projected to reach a revised size of US$274.3 Billion by 2027, growing at a CAGR of 19.7% over the analysis period 2020-2027.Hardware, one of the segments analyzed in the report, is projected to grow at a 21.5% CAGR to reach US$137.9 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Software segment is readjusted to a revised 18.9% CAGR for the next 7-year period. This segment currently accounts for a 33.2% share of the global IoT in Intelligent Transportation System market.

The U. S. Accounts for Over 29.7% of Global Market Size in 2020, While China is Forecast to Grow at a 18.9% CAGR for the Period of 2020-2027

The IoT in Intelligent Transportation System market in the U. S. is estimated at US$23.1 Billion in the year 2020. The country currently accounts for a 29.68% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$46.8 Billion in the year 2027 trailing a CAGR of 18.8% through 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 17.7% and 16.9% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 14.4% CAGR while Rest of European market (as defined in the study) will reach US$46.8 Billion by the year 2027.

Services Segment Corners a 21.4% Share in 2020

In the global Services segment, USA, Canada, Japan, China and Europe will drive the 16.7% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$13.4 Billion in the year 2020 will reach a projected size of US$39.3 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$33.1 Billion by the year 2027.The publisher brings years of research experience to this 8th edition of our report. The 146-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Competitors identified in this market include, among others
  • Cisco Systems, Inc.
  • Cubic Transportation Systems, Inc.
  • Garmin Ltd.
  • Hitachi Transport System Ltd.
  • Huawei Technologies Co., Ltd.
  • IBM Corporation
  • Intel Corporation
  • Iteris, Inc.
  • Microsoft Corporation
  • NEC Corporation
  • Siemens AG
  • Thales Group
  • TransCore
  • Verizon Telematics

The global analysis and forecast periods covered within the report are 2020-2027 (Current & Future Analysis) and 2012-2019 (Historic Review). Research estimates are provided for 2020, while research projections cover the period 2021-2027.
Note: Product cover images may vary from those shown
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I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

Global Competitor Market Shares

IoT in Intelligent Transportation System Competitor Market Share Scenario Worldwide (in %): 2019 & 2025

Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

TABLE 1: IoT in Intelligent Transportation System Global Market Estimates and Forecasts in US$ Million by Region/Country: 2020-2027
TABLE 2: IoT in Intelligent Transportation System Market Share Shift across Key Geographies Worldwide: 2020 VS 2027
TABLE 3: Hardware (Component) World Market by Region/Country in US$ Million: 2020 to 2027
TABLE 4: Hardware (Component) Market Share Breakdown of Worldwide Sales by Region/Country: 2020 VS 2027
TABLE 5: Software (Component) Potential Growth Markets Worldwide in US$ Million: 2020 to 2027
TABLE 6: Software (Component) Market Sales Breakdown by Region/Country in Percentage: 2020 VS 2027
TABLE 7: Services (Component) Geographic Market Spread Worldwide in US$ Million: 2020 to 2027
TABLE 8: Services (Component) Market Share Distribution in Percentage by Region/Country: 2020 VS 2027
TABLE 9: Roadways (End-Use) Demand Potential Worldwide in US$ Million by Region/Country: 2020-2027
TABLE 10: Roadways (End-Use) Share Breakdown Review by Region/Country: 2020 VS 2027
TABLE 11: Railways (End-Use) Worldwide Latent Demand Forecasts in US$ Million by Region/Country: 2020-2027
TABLE 12: Railways (End-Use) Distribution of Global Sales by Region/Country: 2020 VS 2027
TABLE 13: Airways (End-Use) Sales Estimates and Forecasts in US$ Million by Region/Country for the Years 2020 through 2027
TABLE 14: Airways (End-Use) Global Market Share Distribution by Region/Country for 2020 and 2027
TABLE 15: Maritime (End-Use) Global Opportunity Assessment in US$ Million by Region/Country: 2020-2027
TABLE 16: Maritime (End-Use) Percentage Share Breakdown of Global Sales by Region/Country: 2020 VS 2027

III. MARKET ANALYSIS

GEOGRAPHIC MARKET ANALYSIS

UNITED STATES

Market Facts & Figures

US IoT in Intelligent Transportation System Market Share (in %) by Company: 2019 & 2025

Market Analytics
TABLE 17: United States IoT in Intelligent Transportation System Market Estimates and Projections in US$ Million by Component: 2020 to 2027
TABLE 18: United States IoT in Intelligent Transportation System Market Share Breakdown by Component: 2020 VS 2027
TABLE 19: United States IoT in Intelligent Transportation System Latent Demand Forecasts in US$ Million by End-Use: 2020 to 2027
TABLE 20: IoT in Intelligent Transportation System Market Share Breakdown in the United States by End-Use: 2020 VS 2027

CANADA

TABLE 21: Canadian IoT in Intelligent Transportation System Market Estimates and Forecasts in US$ Million by Component: 2020 to 2027
TABLE 22: IoT in Intelligent Transportation System Market in Canada: Percentage Share Breakdown of Sales by Component for 2020 and 2027
TABLE 23: Canadian IoT in Intelligent Transportation System Market Quantitative Demand Analysis in US$ Million by End-Use: 2020 to 2027
TABLE 24: Canadian IoT in Intelligent Transportation System Market Share Analysis by End-Use: 2020 VS 2027

JAPAN

TABLE 25: Japanese Market for IoT in Intelligent Transportation System: Annual Sales Estimates and Projections in US$ Million by Component for the Period 2020-2027
TABLE 26: Japanese IoT in Intelligent Transportation System Market Share Analysis by Component: 2020 VS 2027
TABLE 27: Japanese Demand Estimates and Forecasts for IoT in Intelligent Transportation System in US$ Million by End-Use: 2020 to 2027
TABLE 28: IoT in Intelligent Transportation System Market Share Shift in Japan by End-Use: 2020 VS 2027

CHINA

TABLE 29: Chinese IoT in Intelligent Transportation System Market Growth Prospects in US$ Million by Component for the Period 2020-2027
TABLE 30: Chinese IoT in Intelligent Transportation System Market by Component: Percentage Breakdown of Sales for 2020 and 2027
TABLE 31: Chinese Demand for IoT in Intelligent Transportation System in US$ Million by End-Use: 2020 to 2027
TABLE 32: Chinese IoT in Intelligent Transportation System Market Share Breakdown by End-Use: 2020 VS 2027

EUROPE

Market Facts & Figures

European IoT in Intelligent Transportation System Market: Competitor Market Share Scenario (in %) for 2019 & 2025

Market Analytics
TABLE 33: European IoT in Intelligent Transportation System Market Demand Scenario in US$ Million by Region/Country: 2018-2025
TABLE 34: European IoT in Intelligent Transportation System Market Share Shift by Region/Country: 2020 VS 2027
TABLE 35: European IoT in Intelligent Transportation System Market Estimates and Forecasts in US$ Million by Component: 2020-2027
TABLE 36: European IoT in Intelligent Transportation System Market Share Breakdown by Component: 2020 VS 2027
TABLE 37: European IoT in Intelligent Transportation System Addressable Market Opportunity in US$ Million by End-Use: 2020-2027
TABLE 38: European IoT in Intelligent Transportation System Market Share Analysis by End-Use: 2020 VS 2027

FRANCE

TABLE 39: IoT in Intelligent Transportation System Market in France by Component: Estimates and Projections in US$ Million for the Period 2020-2027
TABLE 40: French IoT in Intelligent Transportation System Market Share Analysis by Component: 2020 VS 2027
TABLE 41: IoT in Intelligent Transportation System Quantitative Demand Analysis in France in US$ Million by End-Use: 2020-2027
TABLE 42: French IoT in Intelligent Transportation System Market Share Analysis: A 7-Year Perspective by End-Use for 2020 and 2027

GERMANY

TABLE 43: IoT in Intelligent Transportation System Market in Germany: Recent Past, Current and Future Analysis in US$ Million by Component for the Period 2020-2027
TABLE 44: German IoT in Intelligent Transportation System Market Share Breakdown by Component: 2020 VS 2027
TABLE 45: IoT in Intelligent Transportation System Market in Germany: Annual Sales Estimates and Forecasts in US$ Million by End-Use for the Period 2020-2027
TABLE 46: IoT in Intelligent Transportation System Market Share Distribution in Germany by End-Use: 2020 VS 2027

ITALY

TABLE 47: Italian IoT in Intelligent Transportation System Market Growth Prospects in US$ Million by Component for the Period 2020-2027
TABLE 48: Italian IoT in Intelligent Transportation System Market by Component: Percentage Breakdown of Sales for 2020 and 2027
TABLE 49: Italian Demand for IoT in Intelligent Transportation System in US$ Million by End-Use: 2020 to 2027
TABLE 50: Italian IoT in Intelligent Transportation System Market Share Breakdown by End-Use: 2020 VS 2027

UNITED KINGDOM

TABLE 51: United Kingdom Market for IoT in Intelligent Transportation System: Annual Sales Estimates and Projections in US$ Million by Component for the Period 2020-2027
TABLE 52: United Kingdom IoT in Intelligent Transportation System Market Share Analysis by Component: 2020 VS 2027
TABLE 53: United Kingdom Demand Estimates and Forecasts for IoT in Intelligent Transportation System in US$ Million by End-Use: 2020 to 2027
TABLE 54: IoT in Intelligent Transportation System Market Share Shift in the United Kingdom by End-Use: 2020 VS 2027

REST OF EUROPE

TABLE 55: Rest of Europe IoT in Intelligent Transportation System Market Estimates and Forecasts in US$ Million by Component: 2020-2027
TABLE 56: Rest of Europe IoT in Intelligent Transportation System Market Share Breakdown by Component: 2020 VS 2027
TABLE 57: Rest of Europe IoT in Intelligent Transportation System Addressable Market Opportunity in US$ Million by End-Use: 2020-2027
TABLE 58: Rest of Europe IoT in Intelligent Transportation System Market Share Analysis by End-Use: 2020 VS 2027

ASIA-PACIFIC

TABLE 59: IoT in Intelligent Transportation System Market in Asia-Pacific by Component: Estimates and Projections in US$ Million for the Period 2020-2027
TABLE 60: Asia-Pacific IoT in Intelligent Transportation System Market Share Analysis by Component: 2020 VS 2027
TABLE 61: IoT in Intelligent Transportation System Quantitative Demand Analysis in Asia-Pacific in US$ Million by End-Use: 2020-2027
TABLE 62: Asia-Pacific IoT in Intelligent Transportation System Market Share Analysis: A 7-Year Perspectiveby End-Use for 2020 and 2027

REST OF WORLD

TABLE 63: Rest of World IoT in Intelligent Transportation System Market Estimates and Forecasts in US$ Million by Component: 2020 to 2027
TABLE 64: IoT in Intelligent Transportation System Market in Rest of World: Percentage Share Breakdown of Sales by Component for 2020 and 2027
TABLE 65: Rest of World IoT in Intelligent Transportation System Market Quantitative Demand Analysis in US$ Million by End-Use: 2020 to 2027
TABLE 66: Rest of World IoT in Intelligent Transportation System Market Share Analysis by End-Use: 2020 VS 2027

IV. COMPETITION

Total Companies Profiled: 44

Note: Product cover images may vary from those shown
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