Smart Transportation Market

Smart Transportation Market (Solution: Ticketing Management System, Parking Management System, Integrated Supervisory System, and Traffic Management System; Service: Cloud Services, Business Services, and Professional Services; Application; and Transportation Mode) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2021-2031

Smart Transportation Market Outlook 2031

  • The global smart transportation market was valued over US$ 47.91 Bn in 2020
  • It is estimated to expand at a CAGR of 21.30% from 2021 to 2031
  • The global smart transportation market is expected to reach the value of US$ 400.77 Bn by the end of 2031

Analysts’ Viewpoint on Smart Transportation Market Scenario

The increasing need of efficient transportation network is driving the smart transportation market. There are lucrative opportunities for players operating in the smart transportation market due to rising need of road safety and traffic congestion issues in major economies. Increasing population, rapid urbanization, and globalization are factors expected to contribute to the market growth in the upcoming years. Market stakeholders are extending their product portfolio to gain a competitive edge after COVID-19 outbreak. However, market contributors should focus on overcoming challenges in the global market by strategic approach. High installation costs is a major factor affecting the growth of the global smart transportation market.

Market Players Adopted Survival Strategies During Coronavirus Pandemic

The global smart transportation market is negatively affected by coronavirus breakdown. The rapidly spreading COVID-19 cases across the globe have had a huge impact on global economy. Many developed nations has imposed strict lockdowns, restriction on travel, etc. Transportation services have been closed across the globe during the pandemic, resulting in adverse effect on revenue growth of smart transportation market. Market players are adopting innovating strategies to increase growth opportunities in the global smart transportation market. The growing demand for proper traffic management system and improved transportation infrastructure facilities for safety of passengers are driving the global market growth amid coronavirus pandemic.

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Increasing Demand Due to Rising Road Safety and Traffic Congestion Issues

There is an increasing need of road safety and controlling traffic congestion and collisions in rapidly growing economies. The smart transportation systems are equipped with various information and communication technologies. Smart technologies such as fiber optics, global positioning system (GPS), and Internet of Things (IoT), etc. are increasingly adopted by market players and consumers across the globe. These technologies ensure the connectivity of roads in remote locations through real-time navigations. This helps in preventing traffic congestions and collisions. Risk of collisions can be minimized with the help of intelligent traffic control systems. These highly advanced systems collect live traffic data, and divert the traffic in less congestive areas.

Smart transportation system has been implemented in various emerging economies due to their tremendous benefits. Rapidly developing smart cities projects in various countries across the globe is driving the smart transportation market. The increasing investment by government in smart transportation system in North America is responsible for the rapid expansion of the market in the region, creating potential revenue benefits for the market players.

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Adoption of Smart Transportation Systems in Railways Boosts Market Growth

Railways segment is expected to witness high adoption rate of smart transportation system. Globalization and urbanization are the key factors driving the demand for smart railway software. Due to rapidly increasing rail accidents in major economies, market players are implementing smart sensors technologies in railways in order to gain operational efficiency, safety, and reliability. These facilities facilitate easy detection of defects in railway tracks, bearings, and wheels. Smart transportation system uses information technology and artificial intelligence to manage transportation network efficiently. The rapidly rising adoption of such services are driving the global market. The smart transportation network allows the travelers to have better knowledge about the highly congested areas to reduce the risk of road accidents and to have better coordination among transport networks. The smart transportation system also ensures safety for the drivers.

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Technological Advancement and Adoption of Cloud Services in Transportation

Digitalization, technological advancement, and rising adoption of cloud services in transportation are some of the major factors of the smart transportation market growth. Cloud services segment is account for the largest market share in the services segment of the global smart transportation market. Cloud services are becoming increasing popular across various organizations due absence of physical devices. The rising applications of cloud services ensure easy accessibility of data from remote locations. Cloud services are helpful in efficient management of traffic.

Growing awareness about traffic congestion and increasing need of safe, reliable, and efficient transportation services are driving the global market. The market is primarily being driven due to increasing demand for smart networks. Asia Pacific is the fastest growing region due to the presence of major economies such as China, Japan, and India. This market in Rest of the World is expected to maintain steady growth due of the developing regions as the application of smart transportation involves high initial investment.

Smart Transportation Market: Overview

  • Smart transportation is considered as one of the Internet of Things (IoT) vertical application, which integrates several applications of management strategies and modern technologies into different transportation systems. Whereas, these modern technologies offers innovative services that relate to diverse mode of transport and traffic management solutions that further provides smarter and safer utilization of transport network.
  • Rising integration of advanced technological features in the vehicles and transportation system is expected to drive the growth of the smart transportation market. The smart transportation provides real time data and feedback from different sources, which further helps the service providers to take certain actions to improve and enhance the transportation services and store live tracking data to be used in inventory management. Hence, such technological integration and use of live tracking of containers contributes in the growth of the smart transportation market.

Drivers of Smart Transportation Market

  • Increasing demand for value-added transportation infrastructure and traffic management system to provide safety for passenger and to improve inventory management solutions is expected to drive the smart transportation market growth. Moreover, integration of intelligent transportation system (ITS) technologies in the vehicles allows the service providers to make superior use of transportation network. ITS technologies includes the integration of vehicle navigation, container management system, security CCTV systems, traffic signal control systems, speed image recognition cameras and others, which can track the data from containers in real time and also provides safety to the passengers in the vehicle. Therefore, use of advance technologies in the vehicle improves transportation infrastructure and further contributes in the market growth.
  • Governments across developed countries are focusing to implement several technologies in their transportation infrastructures to enhance its transportation services and improve security in different sectors. With the help of such technology, live traffic data can be collected and used by the regulatory authorities to divert the traffic and avoid traffic congestion, which further decreases the chances of accidents. Due to such advantages, government is investing to adopt advanced technological features across road, rail and airways that contributes in the growth of the smart transportation market.
  • Growing rate of population across the developing economies, increases the use of different transportation services either for commercial or residential purposes, which is anticipated to provide an opportunity for the growth of the market during forecast period

Challenges for Smart Transportation Market

  • Integration of advanced technological features in the existing or in traditional transportation systems, requires huge investment. The existing system is very complex, as it lacks open interfaces, which further cause communication gaps among technically advanced and traditional systems. Such high investments in transport infrastructure hampers the growth of the smart transportation market.
  • Moreover, the outbreak of the COVID-19 pandemic has hampered most of sectors, which includes transportation, automotive, aerospace, and others. As governments have imposed lockdown situation that restricted the public to stay at home and reduced the use of public as well as private transport systems, which is considered as major factor that hampered the growth of the market. Moreover, the national and international supply chain was also disrupted, which further hampered the commercial transportation and restricted the market growth.

Smart Transportation Market Segmentation

  • The global smart transportation market has been segmented based on solution, service, application, transportation mode, and region
  • Based on solution, the traffic management system segment dominated the global smart transportation market, in terms of revenue, in 2020. Several devices such as cameras, sensors, software and others are used in the traffic management systems, which is integrated on the vehicles and further connected with cloud servers for live tracking and monitoring. Such systems are widely used in most of the developed and developing nations to avoid accidents and traffic congestions. The traffic management systems are majorly adopted in the smart city projects.
  • Based on service, the cloud services segment dominated the global smart transportation market, in terms of revenue, in 2020. The cloud services in the smart transportation are widely adopted in most of commercial transport businesses, as it help them to track the containers and other data in real-time, which further guides them to take particular actions to enhance the performance. Apart from this, the cloud services also helps to remotely access the data, therefore, it has highest demand in the market.

Smart Transportation Market: Regional Analysis

  • Based on region, the global smart transportation market has been segmented into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America
  • Europe holds dominant share of the global smart transportation market in terms of revenue for 2020, as this region has highest adoption of technological features in the transport services and also has advanced infrastructural development. Moreover, the railway transport sector in France and the U.K. has highly improved connectivity and traffic management solutions. In addition, Germany have many transportation operators and has prevalent transportation infrastructure across the Europe, which mostly uses different advanced technological solutions for its operations.

Smart Transportation Market: Competition Landscape

  • Key players operating in the global smart transportation market include
    • General Electric Company
    • IBM Corporation Inc.
    • WS Atkins
    • Cisco Systems
    • Accenture PLC
    • Cubic Corporation
    • Thales Group
    • Siemens AG
    • Huawei Technologies Co., Ltd.
    • Bombardier Inc.
    • Harris Corporation
    • TomTom International BV.
    • Amadeus IT Group SA
    • Hitachi Ltd.
    • Bentley Systems, etc.
  • Major players that are operating in global smart transportation market are focusing on expansion of their market share by engaging in collaborations, partnerships, and by mergers & acquisition. For instance, in March 2021, Thales Group is focusing to develop digital solutions and services for the rail transportation by providing supervised operation with accurate awareness about the situation and by optimizing the transport services with the help of the AI, IoT, cloud services, data analytics and 5G technologies.

Smart Transportation Market Snapshot

Attribute

Detail

Market Revenue in 2020

US$ 47.91 Bn

Market Revenue in 2031

US$ 400.77 Bn

Growth Rate (CAGR)

21.3% (Year to Year)

Forecast Period

2021-2031

Quantitative Units

US$ Bn for Revenue and Million Units for Volume

Research Scope

The report covers regional and global smart transportation market revenue and volume along with key factors influencing the market

Report Coverage

Executive Summary, Market Overview, Global Market, Regional Market, and Competition Landscape

Format

Electronic (PDF)

Regions Covered

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

Countries Covered

  • U. S.
  • Canada
  • Germany
  • U.K.
  • France
  • Italy
  • Spain
  • East Europe
  • Rest of Europe
  • China
  • India
  • Japan
  • South Korea
  • ASEAN Countries
  • Rest of APAC
  • GCC Countries
  • Turkey
  • South Africa
  • Rest of Middle East & Africa
  • Brazil
  • Mexico
  • Rest of Latin America

Market Segmentation

  • Solution
    • Ticketing Management System
    • Parking Management System
    • Integrated Supervisory System
    • Traffic Management System
  • Service
    • Cloud Services
    • Business Services
    • Professional Services
  • Application
    • Mobility as a Service
    • Route Information and Route Guidance
    • Public Transport
    • Transit Hubs
    • Connected Cars
    • Video Management
    • Others
  • Transportation Mode
    • Roadways
    • Railways
    • Airways
    • Maritime

Companies Profiled

  • General Electric Company
  • IBM Corporation Inc.
  • WS Atkins
  • Cisco Systems
  • Accenture PLC
  • Cubic Corporation
  • Thales Group
  • Siemens AG
  • Huawei Technologies Co., Ltd.
  • Bombardier Inc.
  • Harris Corporation
  • TomTom International BV.
  • Amadeus IT Group SA
  • Hitachi Ltd.
  • Bentley Systems

Customization Scope

Available upon Request

Pricing

Available upon Request

Smart Transportation Market – Segmentation

This report on the smart transportation market provides information on the basis of solution, service, application, transportation mode, and region.

Solution
  • Ticketing Management System
  • Parking Management System
  • Integrated Supervisory System
  • Traffic Management System
Service
  • Cloud Services
  • Business Services
  • Professional Services
Application
  • Mobility as a Service
  • Route Information and Route Guidance
  • Public Transport
  • Transit Hubs
  • Connected Cars
  • Video Management
  • Others
Transportation Mode
  • Roadways
  • Railways
  • Airways
  • Maritime
Region
  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • South America

This study also discusses the underlying trends and impact of various factors that are driving the smart transportation market along with their influence on the evolution of the market

This study also offers Porter’s Five Point Analysis, value chain analysis, regulatory scenario, and a SWOT analysis of the smart transportation market, in order to elaborate the crucial growth tactics and opportunities for market players contributing to the market.

Frequently Asked Questions

What is the Smart Transportation Market size?

Smart Transportation Market is projected to reach US$ 400.77 Bn by the end of 2031

What is the CAGR for Smart Transportation Market?

Smart Transportation Market is expected to grow at a CAGR of 21.30% during 2021-2031

What is the Study Period of Smart Transportation Market?

Smart Transportation Market is studied from 2021-2031

Who are the key players in the Smart Transportation Market?

Key vendors in the Smart Transportation Market are General Electric Company, IBM Corporation Inc., WS Atkins, Cisco Systems, Accenture PLC, Cubic Corporation, Thales Group, Siemens AG, Huawei Technologies Co., Ltd., Bombardier Inc., Harris Corporation, TomTom International BV., Amadeus IT Group SA, Hitachi Ltd., Bentley Systems and others

Which Region Lead Smart Transportation Market?

Europe region Takes Lead in the Smart Transportation Market

    1. Executive Summary: Global Smart Transportation Market

        1.1. Global Smart Transportation Market Value (US$ Mn), 2017‒2031

    2. Market Overview

        2.1. Introduction

        2.2. Market Dynamics

            2.2.1. Drivers

            2.2.2. Restraints

            2.2.3. Opportunity

        2.3. Market Factor Analysis

            2.3.1. Porter’s Five Force Analysis

            2.3.2. Value Chain Analysis

                2.3.2.1. List of Key Manufacturers

                2.3.2.2. List of Customers

                2.3.2.3. Level of Integration

            2.3.3. SWOT Analysis

        2.4. Regulatory Scenario

        2.5. Key Industry Development

        2.6. Key Industry Trends

        2.7. COVID-19 Impact Analysis

    3. Global Smart Transportation Market Analysis and Forecast, by Solution

        3.1. Definition

        3.2. Market Snapshot

        3.3. Global Smart Transportation Market Value (US$ Mn) Forecast, by Solution, 2017‒2031

            3.3.1. Ticketing Management System

            3.3.2. Parking Management System

            3.3.3. Integrated Supervisory System

            3.3.4. Traffic Management System

    4. Global Smart Transportation Market Analysis and Forecast, by Services

        4.1. Definition

        4.2. Market Snapshot

        4.3. Global Smart Transportation Market Value (US$ Mn) Forecast, by Services, 2017‒2031

            4.3.1. Cloud Services

            4.3.2. Business Services

            4.3.3. Professional Services

    5. Global Smart Transportation Market Analysis and Forecast, by Application

        5.1. Definition

        5.2. Market Snapshot

        5.3. Global Smart Transportation Market Value (US$ Mn) Forecast, by Application, 2017‒2031

            5.3.1. Mobility as a Service

            5.3.2. Route Information and Route Guidance

            5.3.3. Public Transport

            5.3.4. Transit Hubs

            5.3.5. Connected Cars

            5.3.6. Video Management

            5.3.7. Others

    6. Global Smart Transportation Market Analysis and Forecast, by Transportation Mode

        6.1. Definition

        6.2. Market Snapshot

        6.3. Global Smart Transportation Market Value (US$ Mn) Forecast, by Transportation Mode, 2017‒2031

            6.3.1. Roadways

            6.3.2. Railways

            6.3.3. Airways

            6.3.4. Maritime

    7. Global Smart Transportation Market Analysis and Forecast, by Region

        7.1. Market Snapshot

        7.2. Global Smart Transportation Market Value (US$ Mn) Forecast, by Region, 2017‒2031

            7.2.1. North America

            7.2.2. Europe

            7.2.3. Asia Pacific

            7.2.4. Middle East & Africa

            7.2.5. South America

    8. North America Smart Transportation Market Value (US$ Mn) Forecast, 2017‒2031

        8.1. Market Snapshot

        8.2. North America Smart Transportation Market Value (US$ Mn) Forecast, by Solution

            8.2.1. Ticketing Management System

            8.2.2. Parking Management System

            8.2.3. Integrated Supervisory System

            8.2.4. Traffic Management System

        8.3. North America Smart Transportation Market Value (US$ Mn) Forecast, by Services

            8.3.1. Cloud Services

            8.3.2. Business Services

            8.3.3. Professional Services

        8.4. North America Smart Transportation Market Value (US$ Mn) Forecast, by Application

            8.4.1. Mobility as a Service

            8.4.2. Route Information and Route Guidance

            8.4.3. Public Transport

            8.4.4. Transit Hubs

            8.4.5. Connected Cars

            8.4.6. Video Management

            8.4.7. Others

        8.5. North America Smart Transportation Market Value (US$ Mn) Forecast, by Transportation Mode

            8.5.1. Roadways

            8.5.2. Railways

            8.5.3. Airways

            8.5.4. Maritime

        8.6. North America Smart Transportation Market Value (US$ Mn) Forecast, by Country

            8.6.1. U.S.

            8.6.2. Canada

            8.6.3. Mexico

    9. Europe Smart Transportation Market Value (US$ Mn) Forecast, 2017‒2031

        9.1. Market Snapshot

        9.2. Europe Smart Transportation Market Value (US$ Mn) Forecast, by Solution

            9.2.1. Ticketing Management System

            9.2.2. Parking Management System

            9.2.3. Integrated Supervisory System

            9.2.4. Traffic Management System

        9.3. Europe Smart Transportation Market Value (US$ Mn) Forecast, by Services

            9.3.1. Cloud Services

            9.3.2. Business Services

            9.3.3. Professional Services

        9.4. Europe Smart Transportation Market Value (US$ Mn) Forecast, by Application

            9.4.1. Mobility as a Service

            9.4.2. Route Information and Route Guidance

            9.4.3. Public Transport

            9.4.4. Transit Hubs

            9.4.5. Connected Cars

            9.4.6. Video Management

            9.4.7. Others

        9.5. Europe Smart Transportation Market Value (US$ Mn) Forecast, by Transportation Mode

            9.5.1. Roadways

            9.5.2. Railways

            9.5.3. Airways

            9.5.4. Maritime

        9.6. Europe Smart Transportation Market Value (US$ Mn) Forecast, by Country and Sub-region

            9.6.1. Germany

            9.6.2. U.K.

            9.6.3. France

            9.6.4. Italy

            9.6.5. Spain

            9.6.6. Nordic Countries

            9.6.7. Russia & CIS

            9.6.8. Rest of Europe

    10. Asia Pacific Smart Transportation Market Value (US$ Mn) Forecast, 2017‒2031

        10.1. Market Snapshot

        10.2. Asia Pacific Smart Transportation Market Value (US$ Mn) Forecast, by Solution

            10.2.1. Ticketing Management System

            10.2.2. Parking Management System

            10.2.3. Integrated Supervisory System

            10.2.4. Traffic Management System

        10.3. Asia Pacific Smart Transportation Market Value (US$ Mn) Forecast, by Services

            10.3.1. Cloud Services

            10.3.2. Business Services

            10.3.3. Professional Services

        10.4. Asia Pacific Smart Transportation Market Value (US$ Mn) Forecast, by Application

            10.4.1. Mobility as a Service

            10.4.2. Route Information and Route Guidance

            10.4.3. Public Transport

            10.4.4. Transit Hubs

            10.4.5. Connected Cars

            10.4.6. Video Management

            10.4.7. Others

        10.5. Asia Pacific Smart Transportation Market Value (US$ Mn) Forecast, by Transportation Mode

            10.5.1. Roadways

            10.5.2. Railways

            10.5.3. Airways

            10.5.4. Maritime

        10.6. Asia Pacific Smart Transportation Market Value (US$ Mn) Forecast, by Country and Sub-region

            10.6.1. China

            10.6.2. India

            10.6.3. Japan

            10.6.4. South Korea

            10.6.5. ASEAN

            10.6.6. ANZ

            10.6.7. Rest of Asia Pacific

    11. Middle East & Africa Smart Transportation Market Value (US$ Mn) Forecast, 2017‒2031

        11.1. Market Snapshot

        11.2. Middle East & Africa Smart Transportation Market Value (US$ Mn) Forecast, by Solution

            11.2.1. Ticketing Management System

            11.2.2. Parking Management System

            11.2.3. Integrated Supervisory System

            11.2.4. Traffic Management System

        11.3. Middle East & Africa Smart Transportation Market Value (US$ Mn) Forecast, by Services

            11.3.1. Cloud Services

            11.3.2. Business Services

            11.3.3. Professional Services

        11.4. Middle East & Africa Smart Transportation Market Value (US$ Mn) Forecast, by Application

            11.4.1. Mobility as a Service

            11.4.2. Route Information and Route Guidance

            11.4.3. Public Transport

            11.4.4. Transit Hubs

            11.4.5. Connected Cars

            11.4.6. Video Management

            11.4.7. Others

        11.5. Middle East & Africa Smart Transportation Market Value (US$ Mn) Forecast, by Transportation Mode

            11.5.1. Roadways

            11.5.2. Railways

            11.5.3. Airways

            11.5.4. Maritime

        11.6. Middle East & Africa Smart Transportation Market Value (US$ Mn) Forecast, by Country and Sub-region

            11.6.1. GCC

            11.6.2. Turkey

            11.6.3. South Africa

            11.6.4. Rest of Middle East & Africa

    12. South America Smart Transportation Market Value (US$ Mn) Forecast, 2017‒2031

        12.1. Market Snapshot

        12.2. South America Smart Transportation Market Value (US$ Mn) Forecast, by Solution

            12.2.1. Ticketing Management System

            12.2.2. Parking Management System

            12.2.3. Integrated Supervisory System

            12.2.4. Traffic Management System

        12.3. South America Smart Transportation Market Value (US$ Mn) Forecast, by Services

            12.3.1. Cloud Services

            12.3.2. Business Services

            12.3.3. Professional Services

        12.4. South America Smart Transportation Market Value (US$ Mn) Forecast, by Application

            12.4.1. Mobility as a Service

            12.4.2. Route Information and Route Guidance

            12.4.3. Public Transport

            12.4.4. Transit Hubs

            12.4.5. Connected Cars

            12.4.6. Video Management

            12.4.7. Others

        12.5. South America Smart Transportation Market Value (US$ Mn) Forecast, by Transportation Mode

            12.5.1. Roadways

            12.5.2. Railways

            12.5.3. Airways

            12.5.4. Maritime

        12.6. South America Smart Transportation Market Value (US$ Mn) Forecast, by Country and Sub-region

            12.6.1. Brazil

            12.6.2. Argentina

            12.6.3. Rest of South America

    13. Competition Landscape

        13.1. Market Analysis By Company (2020)

        13.2. Market Player – Competition Matrix (By Tier and Size of companies)

        13.3. Key Market Players (Details – Overview, Recent Developments, Strategy)

            13.3.1. General Electric Company

                13.3.1.1. Overview

                13.3.1.2. Recent Developments

                13.3.1.3. Strategy

            13.3.2. IBM Corporation Inc.

                13.3.2.1. Overview

                13.3.2.2. Recent Developments

                13.3.2.3. Strategy

            13.3.3. WS Atkins

                13.3.3.1. Overview

                13.3.3.2. Recent Developments

                13.3.3.3. Strategy

            13.3.4. Cisco Systems

                13.3.4.1. Overview

                13.3.4.2. Recent Developments

                13.3.4.3. Strategy

            13.3.5. Accenture PLC

                13.3.5.1. Overview

                13.3.5.2. Recent Developments

                13.3.5.3. Strategy

            13.3.6. Cubic Corporation

                13.3.6.1. Overview

                13.3.6.2. Recent Developments

                13.3.6.3. Strategy

            13.3.7. Thales Group

                13.3.7.1. Overview

                13.3.7.2. Recent Developments

                13.3.7.3. Strategy

            13.3.8. Siemens AG

                13.3.8.1. Overview

                13.3.8.2. Recent Developments

                13.3.8.3. Strategy

            13.3.9. Huawei Technologies Co., Ltd.

                13.3.9.1. Overview

                13.3.9.2. Recent Developments

                13.3.9.3. Strategy

            13.3.10. Bombardier Inc.

                13.3.10.1. Overview

                13.3.10.2. Recent Developments

                13.3.10.3. Strategy

            13.3.11. Harris Corporation

                13.3.11.1. Overview

                13.3.11.2. Recent Developments

                13.3.11.3. Strategy

            13.3.12. TomTom International BV.

                13.3.12.1. Overview

                13.3.12.2. Recent Developments

                13.3.12.3. Strategy

            13.3.13. Amadeus IT Group SA

                13.3.13.1. Overview

                13.3.13.2. Recent Developments

                13.3.13.3. Strategy

            13.3.14. Hitachi Ltd.

                13.3.14.1. Overview

                13.3.14.2. Recent Developments

                13.3.14.3. Strategy

            13.3.15. Bentley Systems

                13.3.15.1. Overview

                13.3.15.2. Recent Developments

                13.3.15.3. Strategy

            13.3.16. Others

    List of Tables

    Table 1: Global Smart Transportation Market Value (US$ Mn) Forecast, by Solution, 2017‒2031

    Table 2: Global Smart Transportation Market Value (US$ Mn) Forecast, by Services, 2017‒2031

    Table 3: Global Smart Transportation Market Value (US$ Mn) Forecast, by Application, 2017‒2031

    Table 4: Global Smart Transportation Market Value (US$ Mn) Forecast, by Transportation Mode, 2017‒2031

    Table 5: Global Smart Transportation Market Value (US$ Mn) Forecast, by Region, 2017‒2031

    Table 6: North America Smart Transportation Market Value (US$ Mn) Forecast, by Solution, 2017‒2031

    Table 7: North America Smart Transportation Market Value (US$ Mn) Forecast, by Services, 2017‒2031

    Table 8: North America Smart Transportation Market Value (US$ Mn) Forecast, by Application, 2017‒2031

    Table 9: North America Smart Transportation Market Value (US$ Mn) Forecast, by Transportation Mode, 2017‒2031

    Table 10: North America Smart Transportation Market Value (US$ Mn) Forecast, by Country, 2017‒2031

    Table 11: Europe Smart Transportation Market Value (US$ Mn) Forecast, by Solution, 2017‒2031

    Table 12: Europe Smart Transportation Market Value (US$ Mn) Forecast, by Services, 2017‒2031

    Table 13: Europe Smart Transportation Market Value (US$ Mn) Forecast, by Application, 2017‒2031

    Table 14: Europe Smart Transportation Market Value (US$ Mn) Forecast, by Transportation Mode, 2017‒2031

    Table 15: Europe Smart Transportation Market Value (US$ Mn) Forecast, by Country and Sub-region, 2017‒2031

    Table 16: Asia Pacific Smart Transportation Market Value (US$ Mn) Forecast, by Solution, 2017‒2031

    Table 17: Asia Pacific Smart Transportation Market Value (US$ Mn) Forecast, by Services, 2017‒2031

    Table 18: Asia Pacific Smart Transportation Market Value (US$ Mn) Forecast, by Application, 2017‒2031

    Table 19: Asia Pacific Smart Transportation Market Value (US$ Mn) Forecast, by Transportation Mode, 2017‒2031

    Table 20: Asia Pacific Smart Transportation Market Value (US$ Mn) Forecast, by Country and Sub-region, 2017‒2031

    Table 21: Middle East & Africa Smart Transportation Market Value (US$ Mn) Forecast, by Solution, 2017‒2031

    Table 22: Middle East & Africa Smart Transportation Market Value (US$ Mn) Forecast, by Services, 2017‒2031

    Table 23: Middle East & Africa Smart Transportation Market Value (US$ Mn) Forecast, by Application, 2017‒2031

    Table 24: Middle East & Africa Smart Transportation Market Value (US$ Mn) Forecast, by Transportation Mode, 2017‒2031

    Table 25: Middle East & Africa Smart Transportation Market Value (US$ Mn) Forecast, by Country and Sub-region, 2017‒2031

    Table 26: South America Smart Transportation Market Value (US$ Mn) Forecast, by Solution, 2017‒2031

    Table 27: South America Smart Transportation Market Value (US$ Mn) Forecast, by Services, 2017‒2031

    Table 28: South America Smart Transportation Market Value (US$ Mn) Forecast, by Application, 2017‒2031

    Table 29: South America Smart Transportation Market Value (US$ Mn) Forecast, by Transportation Mode, 2017‒2031

    Table 30: South America Smart Transportation Market Value (US$ Mn) Forecast, by Country and Sub-region, 2017‒2031

    List of Figures

    Figure 1: Global Smart Transportation Market Value (US$ Mn) Projection, by Solution, 2017‒2031

    Figure 2: Global Smart Transportation Market, US$ Mn, Incremental Opportunity, by Solution, 2021‒2031

    Figure 3: Global Smart Transportation Market Value (US$ Mn) Projection, by Services, 2017‒2031

    Figure 4: Global Smart Transportation Market, US$ Mn, Incremental Opportunity, by Services, 2021‒2031

    Figure 5: Global Smart Transportation Market Value (US$ Mn) Projection, by Application, 2017‒2031

    Figure 6: Global Smart Transportation Market, US$ Mn, Incremental Opportunity, by Application, 2021‒2031

    Figure 7: Global Smart Transportation Market Value (US$ Mn) Projection, by Transportation Mode, 2017‒2031

    Figure 8: Global Smart Transportation Market, US$ Mn, Incremental Opportunity, by Transportation Mode, 2021‒2031

    Figure 9: Global Smart Transportation Market Value (US$ Mn) Projection by Region, 2017‒2031

    Figure 10: Global Smart Transportation Market, US$ Mn, Incremental Opportunity, by Region, 2021‒2031

    Figure 11: North America Smart Transportation Market Value (US$ Mn) Projection, by Solution, 2017‒2031

    Figure 12: North America Smart Transportation Market, US$ Mn, Incremental Opportunity, by Solution, 2021‒2031

    Figure 13: North America Smart Transportation Market Value (US$ Mn) Projection, by Services, 2017‒2031

    Figure 14: North America Smart Transportation Market, US$ Mn, Incremental Opportunity, by Services, 2021‒2031

    Figure 15: North America Smart Transportation Market Value (US$ Mn) Projection, by Application, 2017‒2031

    Figure 16: North America Smart Transportation Market, US$ Mn, Incremental Opportunity, by Application, 2021‒2031

    Figure 17: North America Smart Transportation Market Value (US$ Mn) Projection, by Transportation Mode, 2017‒2031

    Figure 18: North America Smart Transportation Market, US$ Mn, Incremental Opportunity, by Transportation Mode, 2021‒2031

    Figure 19: North America Smart Transportation Market Value (US$ Mn) Projection by Country, 2017‒2031

    Figure 20: North America Smart Transportation Market, US$ Mn, Incremental Opportunity, by Country, 2021‒2031

    Figure 21: Europe Smart Transportation Market Value (US$ Mn) Projection, by Solution, 2017‒2031

    Figure 22: Europe Smart Transportation Market, US$ Mn, Incremental Opportunity, by Solution, 2021‒2031

    Figure 23: Europe Smart Transportation Market Value (US$ Mn) Projection, by Services, 2017‒2031

    Figure 24: Europe Smart Transportation Market, US$ Mn, Incremental Opportunity, by Services, 2021‒2031

    Figure 25: Europe Smart Transportation Market Value (US$ Mn) Projection, by Application, 2017‒2031

    Figure 26: Europe Smart Transportation Market, US$ Mn, Incremental Opportunity, by Application, 2021‒2031

    Figure 27: Europe Smart Transportation Market Value (US$ Mn) Projection, by Transportation Mode, 2017‒2031

    Figure 28: Europe Smart Transportation Market, US$ Mn, Incremental Opportunity, by Transportation Mode, 2021‒2031

    Figure 29: Europe Smart Transportation Market Value (US$ Mn) Projection by Country and Sub-region, 2017‒2031

    Figure 30: Europe Smart Transportation Market, US$ Mn, Incremental Opportunity, by Country and Sub-region 2021‒2031

    Figure 31: Asia Pacific Smart Transportation Market Value (US$ Mn) Projection, by Solution, 2017‒2031

    Figure 32: Asia Pacific Smart Transportation Market, US$ Mn, Incremental Opportunity, by Solution, 2021‒2031

    Figure 33: Asia Pacific Smart Transportation Market Value (US$ Mn) Projection, by Services, 2017‒2031

    Figure 34: Asia Pacific Smart Transportation Market, US$ Mn, Incremental Opportunity, by Services, 2021‒2031

    Figure 35: Asia Pacific Smart Transportation Market Value (US$ Mn) Projection, by Application, 2017‒2031

    Figure 36: Asia Pacific Smart Transportation Market, US$ Mn, Incremental Opportunity, by Application, 2021‒2031

    Figure 37: Asia Pacific Smart Transportation Market Value (US$ Mn) Projection, by Transportation Mode, 2017‒2031

    Figure 38: Asia Pacific Smart Transportation Market, US$ Mn, Incremental Opportunity, by Transportation Mode, 2021‒2031

    Figure 39: Asia Pacific Smart Transportation Market, US$ Mn, Incremental Opportunity, by Country and Sub-region 2021‒2031

    Figure 40: Middle East & Africa Smart Transportation Market Value (US$ Mn) Projection, by Solution, 2017‒2031

    Figure 41: Middle East & Africa Smart Transportation Market, US$ Mn, Incremental Opportunity, by Solution, 2021‒2031

    Figure 42: Middle East & Africa Smart Transportation Market Value (US$ Mn) Projection, by Services, 2017‒2031

    Figure 43: Middle East & Africa Smart Transportation Market, US$ Mn, Incremental Opportunity, by Services, 2021‒2031

    Figure 44: Middle East & Africa Smart Transportation Market Value (US$ Mn) Projection, by Application, 2017‒2031

    Figure 45: Middle East & Africa Smart Transportation Market, US$ Mn, Incremental Opportunity, by Application, 2021‒2031

    Figure 46: Middle East & Africa Smart Transportation Market Value (US$ Mn) Projection, by Transportation Mode, 2017‒2031

    Figure 47: Middle East & Africa Smart Transportation Market, US$ Mn, Incremental Opportunity, by Transportation Mode, 2021‒2031

    Figure 48: Middle East & Africa Smart Transportation Market Value (US$ Mn) Projection by Country and Sub-region, 2017‒2031

    Figure 49: Middle East & Africa Smart Transportation Market, US$ Mn, Incremental Opportunity, by Country and Sub-region, 2021‒2031

    Figure 50: South America Smart Transportation Market Value (US$ Mn) Projection, by Solution, 2017‒2031

    Figure 51: South America Smart Transportation Market, US$ Mn, Incremental Opportunity, by Solution, 2021‒2031

    Figure 52: South America Smart Transportation Market Value (US$ Mn) Projection, by Services, 2017‒2031

    Figure 53: South America Smart Transportation Market, US$ Mn, Incremental Opportunity, by Services, 2021‒2031

    Figure 54: South America Smart Transportation Market Value (US$ Mn) Projection, by Application, 2017‒2031

    Figure 55: South America Smart Transportation Market, US$ Mn, Incremental Opportunity, by Application, 2021‒2031

    Figure 56: South America Smart Transportation Market Value (US$ Mn) Projection, by Transportation Mode, 2017‒2031

    Figure 57: South America Smart Transportation Market, US$ Mn, Incremental Opportunity, by Transportation Mode, 2021‒2031

    Figure 58: South America Smart Transportation Market Value (US$ Mn) Projection by Country and Sub-region, 2017‒2031

    Figure 59: South America Smart Transportation Market, US$ Mn, Incremental Opportunity, by Country and Sub-region, 2021‒2031

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