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IoT in Transportation Market by Type, Mode of Transport, and Application: Global Opportunity Analysis and Industry Forecast, 2021-2030

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    Report

  • 250 Pages
  • February 2022
  • Region: Global
  • Allied Market Research
  • ID: 5578336
Description Jump to:
The Internet of Things (IoT) is the interconnection of physical equipment and vehicles, with applications in industries such as automobile, electronics, insurance, manufacturing, and retail. It uses device interconnectivity to control or detect items remotely. It provides a number of services, including traffic congestion control, automobile telematics, and reservation, toll and ticketing systems, security and surveillance systems, remote monitoring, and more. It's found in smart homes, smart cities, smart grids, and virtual power plants, among other things. The Internet of Things (IoT) is one of the most important platforms for applications such as smart energy management systems (SEMS) and smart cities.

Enhanced internet penetration and decreased cost of powerful sensors & controllers drive the growth of the market. In addition, growth in information, communication, & technology (ICT) fuels the growth of the market. However, poor internet infrastructure in the developing nations is expected to impede the market growth. Furthermore, adoption of cloud computing and analytics is expected to provide lucrative opportunities for the market growth.

The global IoT in transportation market is segmented based on type, mode of transport, application, and geography. Based on type, it is categorized into hardware, software, and services. Based on mode of transport, it is divided into roadways, railways, airways, and maritime. Based on application, it is classified into traffic congestion control systems; automotive telematics; reservation, toll, & ticketing systems; security & surveillance systems; remote monitoring; and others. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The key players operating in the global IoT in transportation market includes Alcatel-Lucent, AT&T Inc., Garmin International Inc., IBM Corp., Denso Corp., Thales Group, General Electric, Verizon Communications Inc., Cisco Systems, Inc., and TomTom N.V. These players have adopted various strategies to increase their market penetration and strengthen their position in the industry.

KEY BENEFITS FOR STAKEHOLDERS

  • The study provides an in-depth analysis of the global IoT in transportation market forecast along with the current trends and future estimations to explain the imminent investment pockets
  • Information about key drivers, restraints, & opportunities and their impact analysis on the global market is provided in the report
  • Porter’s five forces analysis illustrates the potency of the buyers and suppliers operating in the industry
  • The quantitative analysis of the market from 2021 to 2030 is provided to determine the market potential

Key Market Segments


By Component

  • Hardware
  • Software
  • Services

By Mode of Transport

  • Roadways
  • Railways
  • Airways
  • Maritime

By Application

  • Traffic Congestion Control Systems
  • Automotive Telematics
  • Reservation, Toll, & Ticketing Systems
  • Security & Surveillance Systems
  • Remote Monitoring
  • Others

By Region

  • North America
  • US
  • Canada
  • Mexico
  • Europe
  • UK
  • Germany
  • France
  • Italy
  • Rest of Europe
  • Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Rest of Asia-Pacific
  • LAMEA
  • Latin America
  • Middle East
  • Africa

KEY MARKET PLAYERS

  • Alcatel-Lucent
  • AT&T Inc
  • Garmin International Inc
  • IBM Corp
  • Denso Corp
  • Thales Group
  • General Electric
  • Verizon Communications Inc
  • Cisco Systems, Inc
  • TomTom NV

Table of Contents

Chapter 1: Introduction
1.1. Report Description
1.2. Key Market Segments
1.3. Key Benefits
1.4. Research Methodology
1.4.1. Primary Research
1.4.2. Secondary Research
1.4.3. Analyst Tools and Models
Chapter 2: Executive Summary
2.1. Cxo Perspective
Chapter 3: Market Landscape
3.1. Market Definition and Scope
3.2. Key Findings
3.2.1. Top Investment Pockets
3.2.2. Top Winning Strategies
3.3. Porter's Five Forces Analysis
3.3.1. Bargaining Power of Suppliers
3.3.2. Threat of New Entrants
3.3.3. Threat of Substitutes
3.3.4. Competitive Rivalry
3.3.5. Bargaining Power Among Buyers
3.4. Market Share Analysis/Top Player Positioning
3.4.1. Market Share Analysis/Top Player Positioning 2020
3.5. Market Dynamics
3.5.1. Drivers
3.5.2. Restraints
3.5.3. Opportunities
3.6. Covid-19 Impact Analysis
3.7. Patent Landscape
3.8. Competitive Heatmap
3.9. Regulatory Guidelines
Chapter 4: Iot in Transportation Market, by Type
4.1. Market Overview
4.1.1Market Size and Forecast, by Type
4.2. Hardware
4.2.1. Key Market Trends, Growth Factors and Opportunities
4.2.2. Market Size and Forecast, by Region
4.2.3. Market Share Analysis, by Country
4.3. Software
4.3.1. Key Market Trends, Growth Factors and Opportunities
4.3.2. Market Size and Forecast, by Region
4.3.3. Market Share Analysis, by Country
4.4. Services
4.4.1. Key Market Trends, Growth Factors and Opportunities
4.4.2. Market Size and Forecast, by Region
4.4.3. Market Share Analysis, by Country
Chapter 5: Iot in Transportation Market, by Mode of Transport
5.1. Market Overview
5.1.1Market Size and Forecast, by Mode of Transport
5.2. Road
5.2.1. Key Market Trends, Growth Factors and Opportunities
5.2.2. Market Size and Forecast, by Region
5.2.3. Market Share Analysis, by Country
5.3. Rail
5.3.1. Key Market Trends, Growth Factors and Opportunities
5.3.2. Market Size and Forecast, by Region
5.3.3. Market Share Analysis, by Country
5.4. Air
5.4.1. Key Market Trends, Growth Factors and Opportunities
5.4.2. Market Size and Forecast, by Region
5.4.3. Market Share Analysis, by Country
5.5. Maritime
5.5.1. Key Market Trends, Growth Factors and Opportunities
5.5.2. Market Size and Forecast, by Region
5.5.3. Market Share Analysis, by Country
Chapter 6: Iot in Transportation Market, by Application
6.1. Market Overview
6.1.1Market Size and Forecast, by Application
6.2. Traffic Congestion Control System
6.2.1. Key Market Trends, Growth Factors and Opportunities
6.2.2. Market Size and Forecast, by Region
6.2.3. Market Share Analysis, by Country
6.3. Automotive Telematics
6.3.1. Key Market Trends, Growth Factors and Opportunities
6.3.2. Market Size and Forecast, by Region
6.3.3. Market Share Analysis, by Country
6.4. Reservation, Toll, and Ticketing Systems
6.4.1. Key Market Trends, Growth Factors and Opportunities
6.4.2. Market Size and Forecast, by Region
6.4.3. Market Share Analysis, by Country
6.5. Security and Survilliance System
6.5.1. Key Market Trends, Growth Factors and Opportunities
6.5.2. Market Size and Forecast, by Region
6.5.3. Market Share Analysis, by Country
6.6. Remote Monitoring
6.6.1. Key Market Trends, Growth Factors and Opportunities
6.6.2. Market Size and Forecast, by Region
6.6.3. Market Share Analysis, by Country
6.7. Others
6.7.1. Key Market Trends, Growth Factors and Opportunities
6.7.2. Market Size and Forecast, by Region
6.7.3. Market Share Analysis, by Country
Chapter 7: Iot in Transportation Market, by Region
7.1. Market Overview
7.1.1Market Size and Forecast, by Region
7.2. North America
7.2.1. Key Market Trends and Opportunities
7.2.2. Market Size and Forecast, by Type
7.2.3. Market Size and Forecast, by Mode of Transport
7.2.4. Market Size and Forecast, by Application
7.2.5. Market Size and Forecast, by Country
7.2.6. United States IoT in Transportation Market
7.2.6.1. Market Size and Forecast, by Type
7.2.6.2. Market Size and Forecast, by Mode of Transport
7.2.6.3. Market Size and Forecast, by Application
7.2.7. Canada IoT in Transportation Market
7.2.7.1. Market Size and Forecast, by Type
7.2.7.2. Market Size and Forecast, by Mode of Transport
7.2.7.3. Market Size and Forecast, by Application
7.3. Europe
7.3.1. Key Market Trends and Opportunities
7.3.2. Market Size and Forecast, by Type
7.3.3. Market Size and Forecast, by Mode of Transport
7.3.4. Market Size and Forecast, by Application
7.3.5. Market Size and Forecast, by Country
7.3.6. France IoT in Transportation Market
7.3.6.1. Market Size and Forecast, by Type
7.3.6.2. Market Size and Forecast, by Mode of Transport
7.3.6.3. Market Size and Forecast, by Application
7.3.7. Germany IoT in Transportation Market
7.3.7.1. Market Size and Forecast, by Type
7.3.7.2. Market Size and Forecast, by Mode of Transport
7.3.7.3. Market Size and Forecast, by Application
7.3.8. Italy IoT in Transportation Market
7.3.8.1. Market Size and Forecast, by Type
7.3.8.2. Market Size and Forecast, by Mode of Transport
7.3.8.3. Market Size and Forecast, by Application
7.3.9. U. K IoT in Transportation Market
7.3.9.1. Market Size and Forecast, by Type
7.3.9.2. Market Size and Forecast, by Mode of Transport
7.3.9.3. Market Size and Forecast, by Application
7.3.10. Rest of Europe IoT in Transportation Market
7.3.10.1. Market Size and Forecast, by Type
7.3.10.2. Market Size and Forecast, by Mode of Transport
7.3.10.3. Market Size and Forecast, by Application
7.4. Asia-Pacific
7.4.1. Key Market Trends and Opportunities
7.4.2. Market Size and Forecast, by Type
7.4.3. Market Size and Forecast, by Mode of Transport
7.4.4. Market Size and Forecast, by Application
7.4.5. Market Size and Forecast, by Country
7.4.6. China IoT in Transportation Market
7.4.6.1. Market Size and Forecast, by Type
7.4.6.2. Market Size and Forecast, by Mode of Transport
7.4.6.3. Market Size and Forecast, by Application
7.4.7. Japan IoT in Transportation Market
7.4.7.1. Market Size and Forecast, by Type
7.4.7.2. Market Size and Forecast, by Mode of Transport
7.4.7.3. Market Size and Forecast, by Application
7.4.8. India IoT in Transportation Market
7.4.8.1. Market Size and Forecast, by Type
7.4.8.2. Market Size and Forecast, by Mode of Transport
7.4.8.3. Market Size and Forecast, by Application
7.4.9. South Korea IoT in Transportation Market
7.4.9.1. Market Size and Forecast, by Type
7.4.9.2. Market Size and Forecast, by Mode of Transport
7.4.9.3. Market Size and Forecast, by Application
7.4.10. Rest of Asia-Pacific IoT in Transportation Market
7.4.10.1. Market Size and Forecast, by Type
7.4.10.2. Market Size and Forecast, by Mode of Transport
7.4.10.3. Market Size and Forecast, by Application
7.5. Lamea
7.5.1. Key Market Trends and Opportunities
7.5.2. Market Size and Forecast, by Type
7.5.3. Market Size and Forecast, by Mode of Transport
7.5.4. Market Size and Forecast, by Application
7.5.5. Market Size and Forecast, by Country
7.5.6. Latin America IoT in Transportation Market
7.5.6.1. Market Size and Forecast, by Type
7.5.6.2. Market Size and Forecast, by Mode of Transport
7.5.6.3. Market Size and Forecast, by Application
7.5.7. Middle East IoT in Transportation Market
7.5.7.1. Market Size and Forecast, by Type
7.5.7.2. Market Size and Forecast, by Mode of Transport
7.5.7.3. Market Size and Forecast, by Application
7.5.8. Africa IoT in Transportation Market
7.5.8.1. Market Size and Forecast, by Type
7.5.8.2. Market Size and Forecast, by Mode of Transport
7.5.8.3. Market Size and Forecast, by Application
Chapter 8: Company Profiles
8.1. Atandt Intellectual Property
8.1.1. Company Overview
8.1.2. Key Executives
8.1.3. Company Snapshot
8.1.4. Operating Business Segments
8.1.5. Product Portfolio
8.1.6. Business Performance
8.1.7. Key Strategic Moves and Developments
8.2. Cisco System Inc.
8.2.1. Company Overview
8.2.2. Key Executives
8.2.3. Company Snapshot
8.2.4. Operating Business Segments
8.2.5. Product Portfolio
8.2.6. Business Performance
8.2.7. Key Strategic Moves and Developments
8.3. Denso-Holding GmbH and Co. Kg
8.3.1. Company Overview
8.3.2. Key Executives
8.3.3. Company Snapshot
8.3.4. Operating Business Segments
8.3.5. Product Portfolio
8.3.6. Business Performance
8.3.7. Key Strategic Moves and Developments
8.4. Garmin Ltd.
8.4.1. Company Overview
8.4.2. Key Executives
8.4.3. Company Snapshot
8.4.4. Operating Business Segments
8.4.5. Product Portfolio
8.4.6. Business Performance
8.4.7. Key Strategic Moves and Developments
8.5. General Electric
8.5.1. Company Overview
8.5.2. Key Executives
8.5.3. Company Snapshot
8.5.4. Operating Business Segments
8.5.5. Product Portfolio
8.5.6. Business Performance
8.5.7. Key Strategic Moves and Developments
8.6. Ibm Corporation
8.6.1. Company Overview
8.6.2. Key Executives
8.6.3. Company Snapshot
8.6.4. Operating Business Segments
8.6.5. Product Portfolio
8.6.6. Business Performance
8.6.7. Key Strategic Moves and Developments
8.7. Nokia Corporation (Alcatel-Lucent S. A.)
8.7.1. Company Overview
8.7.2. Key Executives
8.7.3. Company Snapshot
8.7.4. Operating Business Segments
8.7.5. Product Portfolio
8.7.6. Business Performance
8.7.7. Key Strategic Moves and Developments
8.8. Thales Group
8.8.1. Company Overview
8.8.2. Key Executives
8.8.3. Company Snapshot
8.8.4. Operating Business Segments
8.8.5. Product Portfolio
8.8.6. Business Performance
8.8.7. Key Strategic Moves and Developments
8.9. Tomtom International Bv.
8.9.1. Company Overview
8.9.2. Key Executives
8.9.3. Company Snapshot
8.9.4. Operating Business Segments
8.9.5. Product Portfolio
8.9.6. Business Performance
8.9.7. Key Strategic Moves and Developments
8.10. Verizon
8.10.1. Company Overview
8.10.2. Key Executives
8.10.3. Company Snapshot
8.10.4. Operating Business Segments
8.10.5. Product Portfolio
8.10.6. Business Performance
8.10.7. Key Strategic Moves and Developments
List of Tables
Table 1. Global IoT in Transportation Market, by Type, 2020-2030 ($Million)
Table 2. Global IoT in Transportation Market for Hardware, by Region, 2020-2030 ($Million)
Table 3. Global IoT in Transportation Market for Software, by Region, 2020-2030 ($Million)
Table 4. Global IoT in Transportation Market for Services, by Region, 2020-2030 ($Million)
Table 5. Global IoT in Transportation Market, by Mode of Transport, 2020-2030 ($Million)
Table 6. Global IoT in Transportation Market for Road, by Region, 2020-2030 ($Million)
Table 7. Global IoT in Transportation Market for Rail, by Region, 2020-2030 ($Million)
Table 8. Global IoT in Transportation Market for Air, by Region, 2020-2030 ($Million)
Table 9. Global IoT in Transportation Market for Maritime, by Region, 2020-2030 ($Million)
Table 10. Global IoT in Transportation Market, by Application, 2020-2030 ($Million)
Table 11. Global IoT in Transportation Market for Traffic Congestion Control System, by Region, 2020-2030 ($Million)
Table 12. Global IoT in Transportation Market for Automotive Telematics, by Region, 2020-2030 ($Million)
Table 13. Global IoT in Transportation Market for Reservation, Toll, and Ticketing Systems, by Region, 2020-2030 ($Million)
Table 14. Global IoT in Transportation Market for Security and Survilliance System, by Region, 2020-2030 ($Million)
Table 15. Global IoT in Transportation Market for Remote Monitoring, by Region, 2020-2030 ($Million)
Table 16. Global IoT in Transportation Market for Others, by Region, 2020-2030 ($Million)
Table 17. Global IoT in Transportation Market, by Region, 2020-2030 ($Million)
Table 18. North America IoT in Transportation, by Type, 2020-2030 ($Million)
Table 19. North America IoT in Transportation, by Mode of Transport, 2020-2030 ($Million)
Table 20. North America IoT in Transportation, by Application, 2020-2030 ($Million)
Table 21. United States IoT in Transportation, by Type, 2020-2030 ($Million)
Table 22. United States IoT in Transportation, by Mode of Transport, 2020-2030 ($Million)
Table 23. United States IoT in Transportation, by Application, 2020-2030 ($Million)
Table 24. Canada IoT in Transportation, by Type, 2020-2030 ($Million)
Table 25. Canada IoT in Transportation, by Mode of Transport, 2020-2030 ($Million)
Table 26. Canada IoT in Transportation, by Application, 2020-2030 ($Million)
Table 27. Europe IoT in Transportation, by Type, 2020-2030 ($Million)
Table 28. Europe IoT in Transportation, by Mode of Transport, 2020-2030 ($Million)
Table 29. Europe IoT in Transportation, by Application, 2020-2030 ($Million)
Table 30. France IoT in Transportation, by Type, 2020-2030 ($Million)
Table 31. France IoT in Transportation, by Mode of Transport, 2020-2030 ($Million)
Table 32. France IoT in Transportation, by Application, 2020-2030 ($Million)
Table 33. Germany IoT in Transportation, by Type, 2020-2030 ($Million)
Table 34. Germany IoT in Transportation, by Mode of Transport, 2020-2030 ($Million)
Table 35. Germany IoT in Transportation, by Application, 2020-2030 ($Million)
Table 36. Italy IoT in Transportation, by Type, 2020-2030 ($Million)
Table 37. Italy IoT in Transportation, by Mode of Transport, 2020-2030 ($Million)
Table 38. Italy IoT in Transportation, by Application, 2020-2030 ($Million)
Table 39. United Kingdom IoT in Transportation, by Type, 2020-2030 ($Million)
Table 40. United Kingdom IoT in Transportation, by Mode of Transport, 2020-2030 ($Million)
Table 41. United Kingdom IoT in Transportation, by Application, 2020-2030 ($Million)
Table 42. Rest of Europe IoT in Transportation, by Type, 2020-2030 ($Million)
Table 43. Rest of Europe IoT in Transportation, by Mode of Transport, 2020-2030 ($Million)
Table 44. Rest of Europe IoT in Transportation, by Application, 2020-2030 ($Million)
Table 45. Asia-Pacific IoT in Transportation, by Type, 2020-2030 ($Million)
Table 46. Asia-Pacific IoT in Transportation, by Mode of Transport, 2020-2030 ($Million)
Table 47. Asia-Pacific IoT in Transportation, by Application, 2020-2030 ($Million)
Table 48. China IoT in Transportation, by Type, 2020-2030 ($Million)
Table 49. China IoT in Transportation, by Mode of Transport, 2020-2030 ($Million)
Table 50. China IoT in Transportation, by Application, 2020-2030 ($Million)
Table 51. Japan IoT in Transportation, by Type, 2020-2030 ($Million)
Table 52. Japan IoT in Transportation, by Mode of Transport, 2020-2030 ($Million)
Table 53. Japan IoT in Transportation, by Application, 2020-2030 ($Million)
Table 54. India IoT in Transportation, by Type, 2020-2030 ($Million)
Table 55. India IoT in Transportation, by Mode of Transport, 2020-2030 ($Million)
Table 56. India IoT in Transportation, by Application, 2020-2030 ($Million)
Table 57. South Korea IoT in Transportation, by Type, 2020-2030 ($Million)
Table 58. South Korea IoT in Transportation, by Mode of Transport, 2020-2030 ($Million)
Table 59. South Korea IoT in Transportation, by Application, 2020-2030 ($Million)
Table 60. Rest of Asia-Pacific IoT in Transportation, by Type, 2020-2030 ($Million)
Table 61. Rest of Asia-Pacific IoT in Transportation, by Mode of Transport, 2020-2030 ($Million)
Table 62. Rest of Asia-Pacific IoT in Transportation, by Application, 2020-2030 ($Million)
Table 63. Lamea IoT in Transportation, by Type, 2020-2030 ($Million)
Table 64. Lamea IoT in Transportation, by Mode of Transport, 2020-2030 ($Million)
Table 65. Lamea IoT in Transportation, by Application, 2020-2030 ($Million)
Table 66. Latin America IoT in Transportation, by Type, 2020-2030 ($Million)
Table 67. Latin America IoT in Transportation, by Mode of Transport, 2020-2030 ($Million)
Table 68. Latin America IoT in Transportation, by Application, 2020-2030 ($Million)
Table 69. Middle East IoT in Transportation, by Type, 2020-2030 ($Million)
Table 70. Middle East IoT in Transportation, by Mode of Transport, 2020-2030 ($Million)
Table 71. Middle East IoT in Transportation, by Application, 2020-2030 ($Million)
Table 72. Africa IoT in Transportation, by Type, 2020-2030 ($Million)
Table 73. Africa IoT in Transportation, by Mode of Transport, 2020-2030 ($Million)
Table 74. Africa IoT in Transportation, by Application, 2020-2030 ($Million)
Table 75. Atandt Intellectual Property: Key Executives
Table 76. Atandt Intellectual Property: Company Snapshot
Table 77. Atandt Intellectual Property: Operating Segments
Table 78. Atandt Intellectual Property: Product Portfolio
Table 79. Atandt Intellectual Property: Key Strategic Moves and Developments
Table 80. Cisco System Inc. : Key Executives
Table 81. Cisco System Inc. : Company Snapshot
Table 82. Cisco System Inc. : Operating Segments
Table 83. Cisco System Inc. : Product Portfolio
Table 84. Cisco System Inc. : Key Strategic Moves and Developments
Table 85. Denso-Holding GmbH and Co. Kg: Key Executives
Table 86. Denso-Holding GmbH and Co. Kg: Company Snapshot
Table 87. Denso-Holding GmbH and Co. Kg: Operating Segments
Table 88. Denso-Holding GmbH and Co. Kg: Product Portfolio
Table 89. Denso-Holding GmbH and Co. Kg: Key Strategic Moves and Developments
Table 90. Garmin Ltd. : Key Executives
Table 91. Garmin Ltd. : Company Snapshot
Table 92. Garmin Ltd. : Operating Segments
Table 93. Garmin Ltd. : Product Portfolio
Table 94. Garmin Ltd. : Key Strategic Moves and Developments
Table 95. General Electric: Key Executives
Table 96. General Electric: Company Snapshot
Table 97. General Electric: Operating Segments
Table 98. General Electric: Product Portfolio
Table 99. General Electric: Key Strategic Moves and Developments
Table 100. Ibm Corporation: Key Executives
Table 101. Ibm Corporation: Company Snapshot
Table 102. Ibm Corporation: Operating Segments
Table 103. Ibm Corporation: Product Portfolio
Table 104. Ibm Corporation: Key Strategic Moves and Developments
Table 105. Nokia Corporation (Alcatel-Lucent S. A. ): Key Executives
Table 106. Nokia Corporation (Alcatel-Lucent S. A. ): Company Snapshot
Table 107. Nokia Corporation (Alcatel-Lucent S. A. ): Operating Segments
Table 108. Nokia Corporation (Alcatel-Lucent S. A. ): Product Portfolio
Table 109. Nokia Corporation (Alcatel-Lucent S. A. ): Key Strategic Moves and Developments
Table 110. Thales Group: Key Executives
Table 111. Thales Group: Company Snapshot
Table 112. Thales Group: Operating Segments
Table 113. Thales Group: Product Portfolio
Table 114. Thales Group: Key Strategic Moves and Developments
Table 115. Tomtom International Bv. : Key Executives
Table 116. Tomtom International Bv. : Company Snapshot
Table 117. Tomtom International Bv. : Operating Segments
Table 118. Tomtom International Bv. : Product Portfolio
Table 119. Tomtom International Bv. : Key Strategic Moves and Developments
Table 120. Verizon: Key Executives
Table 121. Verizon: Company Snapshot
Table 122. Verizon: Operating Segments
Table 123. Verizon: Product Portfolio
Table 124. Verizon: Key Strategic Moves and Developments
List of Figures
Figure 1. Global IoT in Transportation Market Segmentation
Figure 2. Global IoT in Transportation Market
Figure 3. Segmentation IoT in Transportation Market
Figure 4. Top Investment Pocket in IoT in Transportation Market
Figure 5. Top Winning Strategies, 2019-2021*
Figure 6. Top Winning Strategies, by Development, 2019-2021(%)
Figure 7. Top Winning Strategies, by Company, 2019-2021*
Figure 8. Moderate Bargaining Power of Buyers
Figure 9. Moderate Bargaining Power of Suppliers
Figure 10. Moderate Threat of New Entrants
Figure 11. Low Threat of Substitution
Figure 12. High Competitive Rivalry
Figure 13. Top Player Positioning, 2020
Figure 14. Market Share Analysis, 2020
Figure 15. Restraints and Drivers: IoT in Transportation Market
Figure 16. Iot in Transportation Market Segmentation, by Type
Figure 17. Iot in Transportation Market for Hardware, by Country, 2020-2030 ($ Million)
Figure 18. Iot in Transportation Market for Software, by Country, 2020-2030 ($ Million)
Figure 19. Iot in Transportation Market for Services, by Country, 2020-2030 ($ Million)
Figure 20. Iot in Transportation Market Segmentation, by Mode of Transport
Figure 21. Iot in Transportation Market for Road, by Country, 2020-2030 ($ Million)
Figure 22. Iot in Transportation Market for Rail, by Country, 2020-2030 ($ Million)
Figure 23. Iot in Transportation Market for Air, by Country, 2020-2030 ($ Million)
Figure 24. Iot in Transportation Market for Maritime, by Country, 2020-2030 ($ Million)
Figure 25. Iot in Transportation Market Segmentation, by Application
Figure 26. Iot in Transportation Market for Traffic Congestion Control System, by Country, 2020-2030 ($ Million)
Figure 27. Iot in Transportation Market for Automotive Telematics, by Country, 2020-2030 ($ Million)
Figure 28. Iot in Transportation Market for Reservation, Toll, and Ticketing Systems, by Country, 2020-2030 ($ Million)
Figure 29. Iot in Transportation Market for Security and Survilliance System, by Country, 2020-2030 ($ Million)
Figure 30. Iot in Transportation Market for Remote Monitoring, by Country, 2020-2030 ($ Million)
Figure 31. Iot in Transportation Market for Others, by Country, 2020-2030 ($ Million)
Figure 32. Atandt Intellectual Property: Net Sales, 2018-2020 ($ Million)
Figure 33. Atandt Intellectual Property: Revenue Share, by Segment, 2020 (%)
Figure 34. Atandt Intellectual Property: Revenue Share, by Region, 2020 (%)
Figure 35. Cisco System Inc: Net Sales, 2018-2020 ($ Million)
Figure 36. Cisco System Inc: Revenue Share, by Segment, 2020 (%)
Figure 37. Cisco System Inc: Revenue Share, by Region, 2020 (%)
Figure 38. Denso-Holding GmbH and Co. Kg: Net Sales, 2018-2020 ($ Million)
Figure 39. Denso-Holding GmbH and Co. Kg: Revenue Share, by Segment, 2020 (%)
Figure 40. Denso-Holding GmbH and Co. Kg: Revenue Share, by Region, 2020 (%)
Figure 41. Garmin Ltd: Net Sales, 2018-2020 ($ Million)
Figure 42. Garmin Ltd: Revenue Share, by Segment, 2020 (%)
Figure 43. Garmin Ltd: Revenue Share, by Region, 2020 (%)
Figure 44. General Electric: Net Sales, 2018-2020 ($ Million)
Figure 45. General Electric: Revenue Share, by Segment, 2020 (%)
Figure 46. General Electric: Revenue Share, by Region, 2020 (%)
Figure 47. Ibm Corporation: Net Sales, 2018-2020 ($ Million)
Figure 48. Ibm Corporation: Revenue Share, by Segment, 2020 (%)
Figure 49. Ibm Corporation: Revenue Share, by Region, 2020 (%)
Figure 50. Nokia Corporation (Alcatel-Lucent S. A. ): Net Sales, 2018-2020 ($ Million)
Figure 51. Nokia Corporation (Alcatel-Lucent S. A. ): Revenue Share, by Segment, 2020 (%)
Figure 52. Nokia Corporation (Alcatel-Lucent S. A. ): Revenue Share, by Region, 2020 (%)
Figure 53. Thales Group: Net Sales, 2018-2020 ($ Million)
Figure 54. Thales Group: Revenue Share, by Segment, 2020 (%)
Figure 55. Thales Group: Revenue Share, by Region, 2020 (%)
Figure 56. Tomtom International Bv: Net Sales, 2018-2020 ($ Million)
Figure 57. Tomtom International Bv: Revenue Share, by Segment, 2020 (%)
Figure 58. Tomtom International Bv: Revenue Share, by Region, 2020 (%)
Figure 59. Verizon: Net Sales, 2018-2020 ($ Million)
Figure 60. Verizon: Revenue Share, by Segment, 2020 (%)
Figure 61. Verizon: Revenue Share, by Region, 2020 (%)

Executive Summary

According to a recent report titled, “IoT in Transportation Market by Type, Mode of Transport, and Application: Global Opportunity Analysis and Industry Forecast, 2021–2030,” the global IoT in transportation market size was valued at $83.25 billion in 2020, and is projected to reach $495.57 billion by 2030, registering a CAGR of 19.9% from 2021 to 2030.

Internet of Things (IoT) is a network of physical equipment and vehicles that provides solutions to a variety of industries, including automotive, transportation, electronics, insurance, manufacturing, aerospace & military, and retail. It uses device interconnectivity to control or sense objects remotely. In transportation, IoT is employed in fields such as traffic congestion control, automobile telematics, and reservation, toll & ticketing systems, security and surveillance systems, and remote monitoring. Furthermore, key factor that drives the market size includes enhanced internet penetration and decreased cost of powerful sensors & controllers drive growth of the market. In addition, growth in information, communication, and technology (ICT) fuels growth of the market. However, poor internet infrastructure in developing nations is expected to impede the market growth. Furthermore, adoption of cloud computing and analytics is expected to provide lucrative opportunities for IoT in transportation market analysis.

On the basis of type, the hardware segment dominated the IoT in transportation market size in 2020, and is expected to continue its dominance in the coming years, owing to rise in demand for IoT devices, low-cost hardware requirements, and need of numerous sensors and chips for smart devices. However, the software segment is expected to witness growth at the highest rate, owing to the rise in market of Internet of Things, growth in cognitive intelligence applications, prediction & analytical software, increase in use of application in smart devices.

On the basis of region, the IoT in transportation industry was dominated by North America in 2020, owing to growth in demand for real-time weather management and increase in demand for performance optimization. However, Asia-Pacific is expected to witness growth at the highest rate, owing to high population base and presence of catastrophe-prone regions in countries such as China, India, Japan, and Australia.

In this pandemic situation, IoT in transportation provide numerous benefits to various organizations, such as reducing excessive costs and increasing workforce efficiency for providing services in emergency situations such as storms, floods, and other disasters in remote locations. However, as a result of decline in travel by majority of population, the demand for IoT in transportation has plummeted.

Key Findings Of The Study


  • By type, the hardware segment accounted for the largest IoT in transportation market share in 2020
  • By application, traffic congestion control system generated highest revenue in 2020
  • By region, the North America segment generated the highest revenue in IoT in transportation market forecast

Key players operating in the global IoT in transportation industry include Alcatel-Lucent, AT&T Inc., Garmin International Inc., IBM Corp., Denso Corp., Thales Group, General Electric, Verizon Communications Inc., Cisco Systems, Inc., and TomTom N.V These companies have adopted several strategies such as product launches, partnerships, collaborations, mergers & acquisitions, and joint ventures to strengthen their foothold in the global IoT in transportation market

Companies Mentioned

  • Alcatel-Lucent
  • AT&T Inc.
  • Garmin International Inc.
  • IBM Corp.
  • Denso Corp.
  • Thales Group
  • General Electric
  • Verizon Communications Inc.
  • Cisco Systems, Inc.
  • TomTom N.V.

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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