Smart Transportation Market by Solution (Ticketing Management System, Parking Management & Guidance System, Integrated Supervision System, and Traffic Management System) and Service (Business, Professional, and Cloud Services): Global Opportunity Analysis and Industry Forecast, 2014–2022 Update Available On-Demand
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A00287
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Pages: 78
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Mar
2017 |
11468 Views
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Author(s) :
Sheetanshu Upadhyay & Ankit Singh Pundir
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Tables: 55
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Charts: 12
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Formats*:
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COVID-19
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Request Now !Smart Transportation Market Overview:
The global smart transportation market size was valued at $63,667 million in 2015, and is projected to reach $237,701 million by 2022, growing at a CAGR of 18.6% from 2016 to 2022. Smart transport or intelligent transport system (ITS) is an advanced transportation infrastructure that aims to provide innovative services for traffic and transport management systems. This transport also enables various users to be more coordinated, better informed, and make safer and smarter use of transport networks. Smart transportation is applicable in parking management & guidance, passenger information, and traffic management.
The smart transportation market growth is driven by the time-and fuel-saving ability of this infrastructure. Supportive government initiatives, such as the EU Directive on ITS, passed on July 7, 2010, to manage road traffic efficiently, play a major role in promoting the growth of global smart transportation market. In addition, smart transportation systems can provide better safety and security by integrating intelligent communication systems in the infrastructure, thus, supplementing the smart transportation industry growth. ITS also encourages the development and promotion of substitute green fuels such as natural gas and biodiesel. However, the need for high capital investment, owing to the complete restoration of the existing transport system, and large database requirement of road network, which may not be possible in developing nations, restrain market size.
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The smart transportation market segmentation is based on services, solutions and geography. By service the global market is further segmented into business services, professional services, and cloud services. While solution segment includes ticketing management system, parking management and guidance system, integrated supervision system, traffic management system.
The geographic segmentation of smart transportation market is bifurcated as following: North America bifurcated into the U.S. and Canada whereas Europe has been further segmented into U.K., Germany, France and Rest of the Europe. The countries covered under Asia-Pacific are China, India, Japan, and Rest of Asia Pacific. LAMEA includes Latin America, Middle East and Africa.
Major key players for smart transportation market share are Accenture Plc, Siemens, IBM, Cisco Systems, GE Transportation, Xerox Corporation, Cubic Corporation, Thales S.A.,Kapsch AG
and Alstom SA.
TOP FACTORS IMPACTING THE GLOBAL SMART TRANSPORTATION MARKET
Top Impacting Factors
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Introduction of advanced parking management system
Rise in use of vehicles results in increase in parking issues worldwide, which can be overcome with the introduction of advanced parking management system (APMS), a type of smart transportation system. APMS assists people to find parking spots quickly, thereby enhancing the visitor’s experience. These systems include elements from traditional traveler information systems, as well as specialized parking management applications.
Rise in demand for efficient transportation networks worldwide
Smart transportation utilizes information technology and artificial intelligence to efficiently manage and coordinate transportation systems. The application of smart transportation network allows the traveling population to be aware of the traffic for better coordination and to ensure safety of the drivers. Rise in traffic congestions owing to increase in number of vehicles further gives rise to growth in demand for smart transportation. Furthermore, demand for smart cities is another major factor that is responsible for this increasing demand.Â
Smooth flow of traffic and time saving
Smart transportation use intelligent system which makes transportation easy and faster, thus saving time in transportation solutions such as traffic management and ticket management systems. Freight ICT applications such as smart freight trucks includes multiple computerized control systems that governs the engine’s fuel-injection timing, emissions control, turbocharger operation, and transmission shift schedule among various other functions. These on-board diagnostics systems monitor and report the operation of all these sub-systems, helping to improve truck efficiency while maintaining or lowering emissions which help in saving time and energy by improving the efficiency of freight vehicle operations including processes at entry and exit and making better use of the freight network. Intelligent Transportation Society of America projects that intelligent transportation systems (ITS) could achieve a 2 to 4 percent reduction in oil consumption and related greenhouse gas emissions each year over the next 10 years as these technologies percolate into the smart transportation market. Moreover, vehicles equipped with blind-spot monitoring and other driver assists help reduce crashes and save commuters’ time spent in rush-hour congestion.
Encouraging the development and promotion of green fuels
Many positive changes can be seen if people move towards environment friendly methods like use of public mode of transportation, fuel-efficient vehicles, cleaner fuels like CNG and LPG, electric cars and trucks as these produce fewer emissions than their conventional counterparts. Indian government has approved plan for electric vehicle charging stations in all urban areas and along all state and national highways by 2027.The Government of India has also approved a $4.13 billion plan to spur electric vehicle production by setting an ambitious target of 6 million vehicles by 2020.Recently in 2015, Sweden government announced that they will be spending an extra $546 million on renewable energy and climate change action. The ultimate aim is to become one of the world’s first nations to end its dependence on fossil fuels. Also, when the electricity comes from renewable sources, all-electric vehicles produce zero emissions to drive, by becoming the most preferable option which offers smart transportation market opportunity.
TOP WINNING STRATEGIES
Product launches, agreements, acquisitions & mergers, expansions, and partnerships are the prominent strategies adopted by key players in this industry to remain competitive in the smart transportation market. Almost 29% of the top strategies were new service and product launches. Expansions, agreements & partnerships, and acquisitions & mergers accounted for 22%, 23%, and 26% of the overall key strategies, respectively.
SMART TRANSPORTATION MARKET KEY SEGMENTS
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The leading smart transportation market players focus to expand their business operations in emerging countries. These companies have consistently introduced innovative solutions to enhance their product portfolio. The major players profiled in this report include Accenture Plc, Siemens, IBM, Cisco Systems, GE Transportation, Xerox Corporation, Cubic Corporation, Thales S.A., Kapsch AG, and Alstom SA.
Other players in value chain include LG CNS Corporation, Indra Sistema S.A., Iteris Inc., TomTom NV, Garmin International Inc., and Q-Free ASA.
Key Benefits For Smart Transportation Market:
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The study provides an in-depth analysis of the current smart transportation market trends and future estimations to elucidate the imminent investment pockets.
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It offers a quantitative analysis from 2014 to 2022, which is expected to enable the stakeholders to capitalize on prevailing market opportunities.
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The report provides historical figures for 2014 and 2015 and year-on- smart transportation market forecast from 2016 to 2022, considering 2015 as base.
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Competitive intelligence highlights the business practices followed by leading players across various regions in smart transportation industry.
Smart Transportation Market Key Segments:
By Solution
- Hybrid Ticketing Management System
- Parking Management & Guidance System
- Integrated Supervision System
- Traffic Management System
By Service
- BusinessÂ
- ProfessionalÂ
- Cloud
By Geography
- North America
- U.S.
- Canada
- Europe
- Germany
- France
- UK
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
Smart Transportation Market Players In Value Chain
- Accenture Plc
- Siemens
- IBM
- Cisco Systems
- GE Transportation
- Xerox Corporation
- Cubic Corporation
- Thales S.A.
- Kapsch AG
- Alstom SA
- LG CNS Corporation
- Indra Sistema S.A.
- Iteris Inc.
- TomTom NV
- Garmin International Inc.
- Q-Free ASA
CHAPTER 1 INTRODUCTION
1.1 REPORT DESCRIPTION
1.2 KEY BENEFITS FOR STAKEHOLDERS
1.3 KEY MARKET SEGMENTS
1.4 RESEARCH METHODOLOGY
1.4.1 SECONDARY RESEARCH
1.4.2 PRIMARY RESEARCH
1.4.3 ANALYST TOOLS AND MODELS
CHAPTER 2 EXECUTIVE SUMMARY
2.1 MARKET SNAPSHOT
2.2 CXO PERSPECTIVE
CHAPTER 3 MARKET OVERVIEW
3.1 MARKET DEFINITION AND SCOPE
3.2 KEY FINDINGS
3.2.1 TOP IMPACTING FACTOR
3.2.2 TOP WINNING STRATEGIES
3.2.3 TOP INVESTMENT POCKETS
3.3 PORTERS FIVE FORCES ANALYSIS
3.3.1 HIGH BARGAINING POWER OF SUPPLIERS DUE TO HIGH SWITCHING COST OF BUYERS
3.3.2 LOW BARGAINING POWER OF BUYER DUE TO HIGH PRODUCT DEPENDENCY AND LOW BACKWARD INTEGRATION
3.3.3 HIGH THREAT OF SUBSTITUTES DUE TO AVAILABILITY OF SUBSTITUTES AND HIGH PRICE WAR
3.3.4 HIGH THREAT OF NEW ENTRANTS DUE TO GOVERNMENT POLICIES AND HIGH ECONOMIES OF SCALE
3.3.5 PRESENCE OF NUMEROUS PLAYERS AND HIGH GROWTH RATE INCREASES THE COMPETITION AMONG RIVALRIES
3.4 DRIVERS
3.4.1 SMOOTH FLOW OF TRAFFIC AND TIME SAVING
3.4.2 RISING DEMAND FOR EFFICIENT TRANSPORTATION NETWORKS ACROSS THE WORLD
3.4.3 ENCOURAGING THE DEVELOPMENT AND PROMOTION OF GREEN FUELS
3.5 RESTRAINTS
3.5.1 HIGH CAPITAL INVESTMENT
3.5.2 LARGE DATABASE REQUIREMENT OF ROAD NETWORK
3.6 OPPORTUNITIES
3.6.1 INVESTMENTS IN EMERGING IDEA OF SMART CITIES
3.6.2 INTRODUCTION OF PARKING MANAGEMENT SYSTEM.
CHAPTER 4 WORLD SMART TRANSPORTATION MARKET, BY SOLUTIONS
4.1 INTRODUCTION
4.2 TICKETING MANAGEMENT SYSTEM
4.2.1 KEY MARKET TRENDS, GROWTH FACTORS AND OPPORTUNITIES
4.2.2 MARKET SIZE AND FORECAST
4.2.3 NORTH AMERICA TICKETING MANAGEMENT SYSTEM MARKET, ($MILLION), GROWTH (%) 2014-2022
4.2.4 EUROPE TICKETING MANAGEMENT SYSTEM MARKET, ($MILLION), GROWTH (%) 2014-2022
4.2.5 ASIA-PACIFIC TICKETING MANAGEMENT SYSTEM MARKET, ($MILLION), GROWTH (%) 2014-2022
4.2.6 LAMEA TICKETING MANAGEMENT SYSTEM MARKET, ($MILLION), GROWTH (%) 2014-2022
4.3 PARKING MANAGEMENT SYSTEM
4.3.1 KEY MARKET TRENDS, GROWTH FACTORS AND OPPORTUNITIES
4.3.2 MARKET SIZE AND FORECAST
4.3.3 NORTH AMERICA PARKING MANAGEMENT SYSTEM MARKET, ($MILLION), GROWTH (%) 2014-2022
4.3.4 EUROPE PARKING MANAGEMENT SYSTEM MARKET, ($MILLION), GROWTH (%) 2014-2022
4.3.5 ASIA-PACIFIC PARKING MANAGEMENT SYSTEM MARKET, ($MILLION), GROWTH (%) 2014-2022
4.3.6 LAMEA PARKING MANAGEMENT SYSTEM MARKET, ($MILLION), GROWTH (%) 2014-2022
4.4 INTEGRATED SUPERVISION SYSTEM
4.4.1 KEY MARKET TRENDS, GROWTH FACTORS AND OPPORTUNITIES
4.4.2 MARKET SIZE AND FORECAST
4.4.3 NORTH AMERICA INTEGRATED SUPERVISION SYSTEM MARKET, ($MILLION), GROWTH (%) 2014-2022
4.4.4 EUROPE INTEGRATED SUPERVISION SYSTEM MARKET, ($MILLION), GROWTH (%) 2014-2022
4.4.5 ASIA-PACIFIC INTEGRATED SUPERVISION SYSTEM MARKET, ($MILLION), GROWTH (%) 2014-2022
4.4.6 LAMEA INTEGRATED SUPERVISION SYSTEM MARKET, ($MILLION), GROWTH (%) 2014-2022
4.5 TRAFFIC MANAGEMENT SYSTEM
4.5.1 KEY MARKET TRENDS, GROWTH FACTORS AND OPPORTUNITIES
4.5.2 MARKET SIZE AND FORECAST
4.5.3 NORTH AMERICA TRAFFIC MANAGEMENT SYSTEM MARKET, ($MILLION), GROWTH (%) 2014-2022
4.5.4 EUROPE TRAFFIC MANAGEMENT SYSTEM MARKET, ($MILLION), GROWTH (%) 2014-2022
4.5.5 ASIA-PACIFIC TRAFFIC MANAGEMENT SYSTEM MARKET, ($MILLION), GROWTH (%) 2014-2022
4.5.6 LAMEA TRAFFIC MANAGEMENT SYSTEM MARKET, ($MILLION), GROWTH (%) 2014-2022
CHAPTER 5 WORLD SMART TRANSPORTATION MARKET, BY SERVICES
5.1 INTRODUCTION
5.2 CLOUD SERVICES
5.2.1 KEY MARKET TRENDS, GROWTH FACTORS AND OPPORTUNITIES
5.2.2 MARKET SIZE AND FORECAST
5.2.3 NORTH AMERICA CLOUD SERVICES MARKET, ($MILLION), GROWTH (%) 2014-2022
5.2.4 EUROPE CLOUD SERVICES MARKET, ($MILLION), GROWTH (%) 2014-2022
5.2.5 ASIA-PACIFIC CLOUD SERVICES MARKET, ($MILLION), GROWTH (%) 2014-2022
5.2.6 LAMEA CLOUD SERVICES MARKET, ($MILLION), GROWTH (%) 2014-2022
5.3 BUSINESS SERVICES
5.3.1 KEY MARKET TRENDS, GROWTH FACTORS AND OPPORTUNITIES
5.3.2 MARKET SIZE AND FORECAST
5.3.3 NORTH AMERICA BUSINESS SERVICES MARKET, ($MILLION), GROWTH (%) 2014-2022
5.3.4 EUROPE BUSINESS SERVICES MARKET, ($MILLION), GROWTH (%) 2014-2022
5.3.5 ASIA-PACIFIC BUSINESS SERVICES MARKET, ($MILLION), GROWTH (%) 2014-2022
5.3.6 LAMEA BUSINESS SERVICES MARKET, ($MILLION), GROWTH (%) 2014-2022
5.4 PROFESSIONAL SERVICES
5.4.1 KEY MARKET TRENDS, GROWTH FACTORS AND OPPORTUNITIES
5.4.2 MARKET SIZE AND FORECAST
5.4.3 NORTH AMERICA PROFESSIONAL SERVICES MARKET, ($MILLION), GROWTH (%) 2014-2022
5.4.4 EUROPE PROFESSIONAL SERVICES MARKET, ($MILLION), GROWTH (%) 2014-2022
5.4.5 ASIA-PACIFIC PROFESSIONAL SERVICES MARKET, ($MILLION), GROWTH (%) 2014-2022
5.4.6 LAMEA PROFESSIONAL SERVICES MARKET, ($MILLION), GROWTH (%) 2014-2022
CHAPTER 6 WORLD SMART TRANSPORTATION MARKET, BY GEOGRAPHY
6.1 INTRODUCTION
6.2 NORTH AMERICA
6.2.1 KEY MARKET TRENDS, GROWTH FACTORS AND OPPORTUNITIES
6.2.2 MARKET SIZE AND FORECAST
6.2.3 U.S. SMART TRANSPORTATION MARKET, ($MILLION), GROWTH (%) 2014-2022
6.2.4 CANADA SMART TRANSPORTATION MARKET, ($MILLION), GROWTH (%) 2014-2022
6.3 EUROPE
6.3.1 KEY MARKET TRENDS, GROWTH FACTORS AND OPPORTUNITIES
6.3.2 MARKET SIZE AND FORECAST
6.3.3 U.K. SMART TRANSPORTATION MARKET, ($MILLION), GROWTH (%) 2014-2022
6.3.4 GERMANY SMART TRANSPORTATION MARKET, ($MILLION), GROWTH (%) 2014-2022
6.3.5 FRANCE SMART TRANSPORTATION MARKET, ($MILLION), GROWTH (%) 2014-2022
6.3.6 REST OF EUROPE SMART TRANSPORTATION MARKET, ($MILLION), GROWTH (%) 2014-2022
6.4 ASIA-PACIFIC
6.4.1 KEY MARKET TRENDS, GROWTH FACTORS AND OPPORTUNITIES
6.4.2 MARKET SIZE AND FORECAST
6.4.3 CHINA SMART TRANSPORTATION MARKET, ($MILLION), GROWTH (%) 2014-2022
6.4.4 INDIA SMART TRANSPORTATION MARKET, ($MILLION), GROWTH (%) 2014-2022
6.4.5 JAPAN SMART TRANSPORTATION MARKET, ($MILLION), GROWTH (%) 2014-2022
6.4.6 REST OF ASIA-PACIFIC SMART TRANSPORTATION MARKET, ($MILLION), GROWTH (%) 2014-2022
6.5 LAMEA
6.5.1 KEY MARKET TRENDS, GROWTH FACTORS AND OPPORTUNITIES
6.5.2 MARKET SIZE AND FORECAST
6.5.3 LATIN AMERICA SMART TRANSPORTATION MARKET, ($MILLION), GROWTH (%) 2014-2022
6.5.4 MIDDLE EAST SMART TRANSPORTATION MARKET, ($MILLION), GROWTH (%) 2014-2022
6.5.5 AFRICA SMART TRANSPORTATION MARKET, ($MILLION), GROWTH (%) 2014-2022
CHAPTER 7 RELATED INDUSTRY INSIGHTS
7.1. GLOBAL AIR QUALITY MONITORING MARKET
7.1.1. EXECUTIVE SUMMARY
7.2. GLOBAL AUTOMOTIVE INTERIORS MARKET
7.2.1. EXECUTIVE SUMMARY
7.3. GLOBAL AUTOMOTIVE LIGHTING MARKET
7.3.1. EXECUTIVE SUMMARY
7.4. GLOBAL AIR FRESHENER MARKET
7.4.1. EXECUTIVE SUMMARY
7.5. GLOBAL AIR COMPRESSOR MARKET
7.5.1. EXECUTIVE SUMMARY
CHAPTER 8 COMPANY PROFILES
8.1. ACCENTURE PLC
8.1.1. COMPANY OVERVIEW
8.1.2. OPERATING BUSINESS SEGMENTS
8.1.3. KEY STRATEGIC MOVES AND DEVELOPMENTS
8.2. SIEMENS
8.2.1. COMPANY OVERVIEW
8.2.2. OPERATING BUSINESS SEGMENTS
8.2.3. KEY STRATEGIC MOVES AND DEVELOPMENTS
8.3. IBM
8.3.1. COMPANY OVERVIEW
8.3.2. OPERATING BUSINESS SEGMENTS
8.3.3. KEY STRATEGIC MOVES AND DEVELOPMENTS
8.4. CISCO SYSTEMS
8.4.1. COMPANY OVERVIEW
8.4.2. OPERATING BUSINESS SEGMENTS
8.4.3. KEY STRATEGIC MOVES AND DEVELOPMENTS
8.5. GE TRANSPORTATION
8.5.1. COMPANY OVERVIEW
8.5.2. OPERATING BUSINESS SEGMENTS
8.5.3. KEY STRATEGIC MOVES AND DEVELOPMENTS
8.6. XEROX CORPORATION
8.6.1. COMPANY OVERVIEW
8.6.2. OPERATING BUSINESS SEGMENTS
8.6.3. KEY STRATEGIC MOVES AND DEVELOPMENTS
8.7. CUBIC CORPORATION
8.7.1. COMPANY OVERVIEW
8.7.2. OPERATING BUSINESS SEGMENTS
8.7.3. KEY STRATEGIC MOVES AND DEVELOPMENTS
8.8. THALES S.A.
8.8.1. COMPANY OVERVIEW
8.8.2. OPERATING BUSINESS SEGMENTS
8.8.3. KEY STRATEGIC MOVES AND DEVELOPMENTS
8.9. KAPSCH AG
8.9.1. COMPANY OVERVIEW
8.9.2. OPERATING BUSINESS SEGMENTS
8.9.3. KEY STRATEGIC MOVES AND DEVELOPMENTS
8.10. ALSTOM SA
8.10.1. COMPANY OVERVIEW
8.10.2. OPERATING BUSINESS SEGMENTS
8.10.3. KEY STRATEGIC MOVES AND DEVELOPMENTS
Other companies are not profiled in the report and will only be profiled on request.
LIST OF TABLES
TABLE 1. WORLD SMART TRANSPORTATION MARKET SNAPSHOT
TABLE 2. WORLD TICKETING MANAGEMENT SYSTEM MARKET, ($MILLION), GROWTH (%) 2014-2022
TABLE 3. NORTH AMERICA TICKETING MANAGEMENT SYSTEM MARKET, ($MILLION), GROWTH (%) 2014-2022
TABLE 4. EUROPE TICKETING MANAGEMENT SYSTEM MARKET, ($MILLION), GROWTH (%) 2014-2022
TABLE 5. ASIA-PACIFIC TICKETING MANAGEMENT SYSTEM MARKET, ($MILLION), GROWTH (%) 2014-2022
TABLE 6. LAMEA TICKETING MANAGEMENT SYSTEM MARKET, ($MILLION), GROWTH (%) 2014-2022
TABLE 7. WORLD PARKING MANAGEMENT SYSTEM MARKET, ($MILLION), GROWTH (%) 2014-2022
TABLE 8. NORTH AMERICA PARKING MANAGEMENT SYSTEM MARKET, ($MILLION), GROWTH (%) 2014-2022
TABLE 9. EUROPE PARKING MANAGEMENT SYSTEM MARKET, ($MILLION), GROWTH (%) 2014-2022
TABLE 10. ASIA-PACIFIC PARKING MANAGEMENT SYSTEM MARKET, ($MILLION), GROWTH (%) 2014-2022
TABLE 11. LAMEA PARKING MANAGEMENT SYSTEM MARKET, ($MILLION), GROWTH (%) 2014-2022
TABLE 12. WORLD INTEGRATED SUPERVISION SYSTEM MARKET, ($MILLION), GROWTH (%) 2014-2022
TABLE 13. NORTH AMERICA INTEGRATED SUPERVISION SYSTEM MARKET, ($MILLION), GROWTH (%) 2014-2022
TABLE 14. EUROPE INTEGRATED SUPERVISION SYSTEM MARKET, ($MILLION), GROWTH (%) 2014-2022
TABLE 15. ASIA-PACIFIC INTEGRATED SUPERVISION SYSTEM MARKET, ($MILLION), GROWTH (%) 2014-2022
TABLE 16. LAMEA INTEGRATED SUPERVISION SYSTEM MARKET, ($MILLION), GROWTH (%) 2014-2022
TABLE 17. WORLD TRAFFIC MANAGEMENT SYSTEM MARKET, ($MILLION), GROWTH (%) 2014-2022
TABLE 18. NORTH AMERICA TRAFFIC MANAGEMENT SYSTEM MARKET, ($MILLION), GROWTH (%) 2014-2022
TABLE 19. EUROPE TRAFFIC MANAGEMENT SYSTEM MARKET, ($MILLION), GROWTH (%) 2014-2022
TABLE 20. ASIA-PACIFIC TRAFFIC MANAGEMENT SYSTEM MARKET, ($MILLION), GROWTH (%) 2014-2022
TABLE 21. LAMEA TRAFFIC MANAGEMENT SYSTEM MARKET, ($MILLION), GROWTH (%) 2014-2022
TABLE 22. WORLD CLOUD SERVICES MARKET, ($MILLION), GROWTH (%) 2014-2022
TABLE 23. NORTH AMERICA CLOUD SERVICES MARKET, ($MILLION), GROWTH (%) 2014-2022
TABLE 24. EUROPE CLOUD SERVICES MARKET, ($MILLION), GROWTH (%) 2014-2022
TABLE 25. ASIA-PACIFIC CLOUD SERVICES MARKET, ($MILLION), GROWTH (%) 2014-2022
TABLE 26. LAMEA CLOUD SERVICES MARKET, ($MILLION), GROWTH (%) 2014-2022
TABLE 27. WORLD BUSINESS SERVICES MARKET, ($MILLION), GROWTH (%) 2014-2022
TABLE 28. NORTH AMERICA BUSINESS SERVICES MARKET, ($MILLION), GROWTH (%) 2014-2022
TABLE 29. EUROPE BUSINESS SERVICES MARKET, ($MILLION), GROWTH (%) 2014-2022
TABLE 30. ASIA-PACIFIC BUSINESS SERVICES MARKET, ($MILLION), GROWTH (%) 2014-2022
TABLE 31. LAMEA BUSINESS SERVICES MARKET, ($MILLION), GROWTH (%) 2014-2022
TABLE 32. WORLD PROFESSIONAL SERVICES MARKET, ($MILLION), GROWTH (%) 2014-2022
TABLE 33. NORTH AMERICA PROFESSIONAL SERVICES MARKET, ($MILLION), GROWTH (%) 2014-2022
TABLE 34. EUROPE PROFESSIONAL SERVICES MARKET, ($MILLION), GROWTH (%) 2014-2022
TABLE 35. ASIA-PACIFIC PROFESSIONAL SERVICES MARKET, ($MILLION), GROWTH (%) 2014-2022
TABLE 36. LAMEA PROFESSIONAL SERVICES MARKET, ($MILLION), GROWTH (%) 2014-2022
TABLE 37. NORTH AMERICA SMART TRANSPORTATION MARKET, ($MILLION), GROWTH (%) 2014-2022
TABLE 38. U.S. SMART TRANSPORTATION MARKET, ($MILLION), GROWTH (%) 2014-2022
TABLE 39. EUROPE SMART TRANSPORTATION MARKET, ($MILLION), GROWTH (%) 2014-2022
TABLE 40. U.K. SMART TRANSPORTATION MARKET, ($MILLION), GROWTH (%) 2014-2022
TABLE 41. GERMANY SMART TRANSPORTATION MARKET, ($MILLION), GROWTH (%) 2014-2022
TABLE 42. FRANCE SMART TRANSPORTATION MARKET, ($MILLION), GROWTH (%) 2014-2022
TABLE 43. REST OF EUROPE SMART TRANSPORTATION MARKET, ($MILLION), GROWTH (%) 2014-2022
TABLE 44. ASIA-PACIFIC SMART TRANSPORTATION MARKET, ($MILLION), GROWTH (%) 2014-2022
TABLE 45. CHINA SMART TRANSPORTATION MARKET, ($MILLION), GROWTH (%) 2014-2022
TABLE 46. INDIA SMART TRANSPORTATION MARKET, ($MILLION), GROWTH (%) 2014-2022
TABLE 47. JAPAN SMART TRANSPORTATION MARKET, ($MILLION), GROWTH (%) 2014-2022
TABLE 48. REST OF ASIA-PACIFIC SMART TRANSPORTATION MARKET, ($MILLION), GROWTH (%) 2014-2022
TABLE 49. LAMEA SMART TRANSPORTATION MARKET, ($MILLION), GROWTH (%) 2014-2022
TABLE 50. LATIN AMERICA SMART TRANSPORTATION MARKET, ($MILLION), GROWTH (%) 2014-2022
TABLE 51. MIDDLE EAST SMART TRANSPORTATION MARKET, ($MILLION), GROWTH (%) 2014-2022
TABLE 52. AFRICA SMART TRANSPORTATION MARKET, ($MILLION), GROWTH (%) 2014-2022
TABLE 53. ACCENTURE PLC: COMPANY SNAPSHOT
TABLE 54. ACCENTURE PLC: OPERATING SEGMENTS
TABLE 55. SIEMENS: COMPANY SNAPSHOT
TABLE 56. SIEMENS: OPERATING SEGMENTS
TABLE 57. IBM: COMPANY SNAPSHOT
TABLE 58. IBM: OPERATING SEGMENTS
TABLE 59. CISCO SYSTEMS: COMPANY SNAPSHOT
TABLE 60. CISCO SYSTEMS: OPERATING SEGMENTS
TABLE 61. GE TRANSPORTATION: COMPANY SNAPSHOT
TABLE 62. GE TRANSPORTATION: OPERATING SEGMENTS
TABLE 63. XEROX CORPORATION: COMPANY SNAPSHOT
TABLE 64. XEROX CORPORATION: OPERATING SEGMENTS
TABLE 65. CUBIC CORPORATION: COMPANY SNAPSHOT
TABLE 66. CUBIC CORPORATION: OPERATING SEGMENTS
TABLE 67. THALES S.A.: COMPANY SNAPSHOT
TABLE 68. THALES S.A.: OPERATING SEGMENTS
TABLE 69. KAPSCH AG: COMPANY SNAPSHOT
TABLE 70. KAPSCH AG: OPERATING SEGMENTS
TABLE 71. ALSTOM SA: COMPANY SNAPSHOT
TABLE 72. ALSTOM SA: OPERATING SEGMENTS
LIST OF FIGURES
FIG. 1 TOP IMPACTING FACTORS
FIG. 2 TOP WINNING STRATEGIES, 2013-2016
FIG. 3 TOP WINNING STRATEGIES (%), 2013-2016
FIG. 4 TOP INVESTMENT POCKETS
FIG. 5 PORTERS FIVE FORCES ANALYSIS OF SMART TRANSPORTATION MARKET
FIG. 6 WORLD SMART TRANSPORTATION MARKET, BY SOLUTIONS, 2015 (%)
FIG. 7 KEY MARKET TRENDS OF TICKETING MANAGEMENT SYSTEM, 2014-2021 ($MILLION)
FIG. 8 KEY MARKET TRENDS OF INTEGRATED SUPERVISION SYSTEM, 2014-2021 ($MILLION)
FIG. 9 WORLD SMART TRANSPORTATION MARKET, BY SERVICES, 2015 (%)
FIG. 10 KEY MARKET TRENDS OF CLOUD SERVICES, 2014-2021 ($MILLION)
FIG. 11 KEY MARKET TRENDS OF PROFESSIONAL SERVICES, 2014-2021 ($MILLION)
FIG. 12 WORLD SMART TRANSPORTATION MARKET BY GEOGRAPHY, 2015 (%)
Smart transportation utilizes information technology and artificial intelligence to efficiently manage and coordinate transportation systems. Implementation of smart transportation network enables the travelers to have better knowledge of traffic for better coordination and to ensure safety of the drivers. Rise in sale of automobiles that leads to increased traffic congestions leads to high demand for smart transportation. Furthermore, the demand for smart cities is another major factor responsible for the increased demand for smart transportation.
Professional service is a major service sector of smart transportation, due to increase in customers of professional services (dealing in either B2B (business to business) or B2C (business to customer services)) firms and growth in international business. The smart transportation market is projected to exhibit consistent growth by 2022. The demand for new technological innovations in intelligent transportation system market is anticipated to be high in Europe, followed by Asia-Pacific, especially in India and China. Global industrialization of smart transportation is expected to maintain the growth.
Europe has attained a leading position in this market, owing to the growth in environment awareness and increase in standard of living. This region provides lucrative opportunities for growth to global smart transportation providers, owing to its huge potential to set up infrastructure plants and increase in demand for smart transportation.
Renowned global market leaders, such as Accenture Plc, Siemens, IBM, Cisco Systems, Cubic Corporation, and Kapsch Trafficcom, have adopted various growth strategies to expand their market presence and cater to the growing demand for smart transportation. Asia-Pacific is perceived as a lucrative markets for the smart transportation industry, owing to the ongoing and planned investments in smart cities and transport infrastructure.
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