Global Smart Transportation Market Worth $251.40 Billion by 2024- Exclusive Report by Goldstein Research


Posted March 13, 2020 by Steveblade

Global smart transportation market is likely to reach USD 251.40 billion by 2024, expanding at a CAGR of 16.75% from 2016 to 2024.

 
Global smart transportation market is likely to reach USD 251.40 billion by 2024, expanding at a CAGR of 16.75% from 2016 to 2024.

Transportation industry is transforming from unconnected travelling to a new world of connected transportation. Connected vehicle have not only enabled the use of internet in transportation but also guide in traffic and vehicle management. North America has successfully delivered in-flight wifi to over 3,000 aircrafts out of 5,500 commercial aircraft. Vision of transportation is changing due to emerging internet of things technology.

According to a survey conducted by Goldstein Research, 90% of the consumers enjoy internet connectivity while they are travelling. Paris launched Autolib which is an electric-car program in 2011. This program facilitates the drivers to select the public parking space and also to track the connected vehicles which are embedded with sensors using GPS tracker. Emerging economies are moving towards the concept of building smart cities; over 1 billion of connected things are installed across the globe under smart cities projects in 2015.

Report is available@ https://www.goldsteinresearch.com/toc-request/global-smart-transportation-market-outlook-2024-global-opportunity-and-demand-analysis-market-forecast-2016-2024

Market Drivers and Challenges

High adoption rate of cloud based technologies along with advancements in transportation industry is fuelling the growth of smart transportation market all across the globe. Navigation and infotainment are the key features behind the huge adoption of smart transportation in automotive industry. Storage of data has enhanced the qualitative analysis of existing transportation infrastructure to implement smart transportation technologies. Increasing demand towards the improvement of public transportation facilities is fuelling the growth of Global smart transportation market in emerging economies.

Covered in this Global Smart Transportation Market Report are

“Global smart transportation market Outlook 2024” by Goldstein Research contains detailed overview of the United States home furnishing and soft goods market in terms of market segmentation by product type and distribution channel.

Further, Global smart transportation market Report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis.

Key Market Players

• Cisco Systems, Inc
 Synopsis
 Business Strategy
 Product Portfolio
 SWOT Analysis
• General Electric Company
• Siemens AG
• IBM Corporation
• Alstom
• Cubic Corporation


The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments.

Overall, the report represents the Global smart transportation market trends along with market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.

Request Sample Report @ United States Home Furnishing and Soft Goods Market Report Sample

About Goldstein Research

Based in the US, Goldstein Research currently has a strong presence in the American and Asian countries. In the next five years, we strive to expand our reach to 50+ nations spanning across Europe, Asia and parts of the Middle East and Africa. We strive to realize a strong brand presence globally through our quality research and forecasting solutions.

Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear cut forecasts. Our market research reports provide in-depth analysis of global and regional variations along with competitors’ overview.

Our analysts working on Transportation industry analysis reports to help various tech-giants, tech start-ups and entry players to assess the current and upcoming business scenario. We believe in vigorous examination of the current market scenario and build around creative ideas and approaches that are most suitable to our clients’ needs and business agenda.

Contact for more Info:
Steve Blade
(Global Sales Head)
USA: + 1-646-568-7747
Canada: 1-437-886-1181
UK: +44-203-318-6627
[email protected]
www.goldsteinresearch.com
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Categories Transportation
Tags smart transportation market , smart transportation market outlook , smart transportation market segmentation
Last Updated March 13, 2020