Global Smart Transportation Market Size, Share and Forecast 2020-2026

 The global smart transportation market is growing at a significant CAGR of around 9.8% during the forecast period (2020-2026). Smart transportation refers to the integrated application of modern technologies and management strategies in transportation systems. Smart transportation includes the use of several technologies, from basic management systems such as car navigation; traffic signal control systems; container management systems; automatic number plate recognition or speed cameras to monitor applications, such as security CCTV systems; and to more advanced applications that integrate live data and feedback from a number of other sources. The evolution of intelligent transportation systems is providing a growing number of technology solutions for transportation managers, to operate and maintain the systems more efficiently and improve performance.

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The global smart transportation market is growing at a significant CAGR of around 9.8% during the forecast period (2020-2026). Smart transportation refers to the integrated application of modern technologies and management strategies in transportation systems. Smart transportation includes the use of several technologies, from basic management systems such as car navigation; traffic signal control systems; container management systems; automatic number plate recognition or speed cameras to monitor applications, such as security CCTV systems; and to more advanced applications that integrate live data and feedback from a number of other sources. The evolution of intelligent transportation systems is providing a growing number of technology solutions for transportation managers, to operate and maintain the systems more efficiently and improve performance.

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 Global Smart transportation Market-Segmentation

By Transportation Mode

  • Railways
  • Roadways
  • Airways
  • Maritime

By Application 

  • Ticketing Management System
  • Parking Management System
  • Traffic Management System 
  • Others (Integrated Supervision System)

Global Smart transportation Market– Segment by Region 

North America

  • United States
  • Canada

Europe

  • Germany
  • UK
  • France
  • Spain
  • Italy
  • Rest of Europe

Asia-Pacific 

  • China
  • Japan
  • India
  • Rest of Asia-Pacific

Rest of the World

Company Profiles

·        Advantech Co., Ltd.

·        ALSTOM Holdings

·        Amadeus IT Group, S.A.

·        Bentley Systems, Inc.

·        Cisco Systems, Inc.

·        Conduent Business Services, LLC

·        Cubic Corp.

·        Hitachi, Ltd.

·        Huawei Technologies Co., Ltd.

·        IBM Corp.

·        Intel Corp.

·        Kapsch Group

·        Oracle Corp.

·        Parsons Corp.

·        SAP SE

·        Siemens AG

·        Stantec Inc.

·        Thales Group

·        The Descartes Systems Group Inc.

·        Toshiba Corp.

·        Trimble, Inc.

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