Smart Transportation Market Size, Share, Analysis Report

Smart Transportation Market Size By Application (Autonomous, Video Management, Shared Mobility, Route Information and Route Guidance, Public Transport, Transit Hubs), By Airways (Services in Airways, Solutions in Airways), By Transportation Mode (Airways, Maritime, Railways, Roadways), By Roadways (Services in Roadways, Solutions in Roadways), By Maritime (Services in Maritime, Solutions in Maritime), By Railways (Services in Railways, Solutions in Railways), By Region (North America, Europe, Asia-Pacific, Rest of the World), Market Analysis Report, Forecast

The global smart transportation market is expected to be around US$ 172 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 10.5% during the forecast period during.

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MARKET SNAPSHOT

Major Players

  • Hitachi
  • Accenture
  • Descartes
  • Rockwell Collins
  • DNV GL
  • Study period:

    2022-2027

    Base Year:

    2021

    CAGR:

    10

    Fastest Growing Market:

    APAC

    Largest Market:

    North America

    REPORT DESCRIPTION

    Smart transportation system is an innovative transportation structure thus objects to offer new facilities for traffic and transport management systems. Smart transportation allows several users to be more organized, and make safer and smarter use of transportation networks. This system is applicable in parking management & guidance, passenger information, and traffic management. The growing adoption of smart technologies in the transportation infrastructure and also the demand of combined security and safety system for refining public safety will drive the smart transportation market in future. Smart transportation is an advanced approach to plan and design roadways, which will offer better and safe transport solutions as associate to conventional transportation system. Presently, most of the cities across the world are facing many transportation systems issues, like ineffective traffic management system, parking issues, poor road conditions, and others. Smart transportation system is supportive to overcome these issues, owing to its properties like coordination between vehicle and roadside specific locations which will offer information regarding road condition, traffic details and parking facility information. Furthermore, smart transportation system offers additional benefits, like dropped fuel consumption, accident mitigation, and competent management of emergency services. Growing investments in smart city projects are estimated to open up new avenues for development in the coming years as smart transportation is an integral part of any smart city. Additionally, increasing government concentration on plummeting greenhouse gas emissions and curbing alarming levels of traffic congestion is projected to drive industry development over next few years.

    The global smart transportation market is expected to be around US$ 172 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 10.5% during the forecast period during. 

    The global Smart Transportation market is segregated on the basis of Application as Autonomous, Video Management, Shared Mobility, Route Information and Route Guidance, Public Transport, Transit Hubs, and Others. Based on Airways the global Smart Transportation market is segmented in Services in Airways and Solutions in Airways. Based on Transportation Mode the global Smart Transportation market is segmented in Airways, Maritime, Railways, and Roadways.

    Based on Roadways, the global Smart Transportation market is segmented in Services in Roadways and Solutions in Roadways. The report also bifurcates the global Smart Transportation market based on Maritime in Services in Maritime and Solutions in Maritime. The report also bifurcates the global Smart Transportation the global Railways market is segmented in Services in Railways and Solutions in Railways.

    The global Smart Transportation market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Smart Transportation market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.

    Competitive Rivalry

    Hitachi, Descartes, Accenture, Rockwell Collins, DNV GL, Thales Group, Huawei, Siemens, IBM, Cisco Systems, and others are among the major players in the global Smart Transportation market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.

    The Smart Transportation Market has been segmented as below:

    Smart Transportation Market, By Application

    • Autonomous
    • Video Management
    • Traffic and Vehicle Surveillance
    • Automatic Number Plate Recognition
    • Incident Detection and Prevention
    • Shared Mobility
    • Bike Sharing
    • Dynamic Carpooling/Car Sharing
    • Route Information and Route Guidance
    • Public Transport
    • Transit Hubs
    • Others

    Smart Transportation Market, By Airways

    • Services in Airways
    • Consulting
    • Deployment and Integration
    • Support and Maintenance
    • Solutions in Airways
    • Smart Ticketing
    • Passenger Information
    • Ramp Management
    • Freight Information System
    • Air Traffic Management
    • Others

    Smart Transportation Market, By Transportation Mode

    • Airways
    • Maritime
    • Railways
    • Roadways

    Smart Transportation Market, By Roadways

    • Services in Roadways
    • Consulting
    • Deployment and Integration
    • Support and Maintenance
    • Solutions in Roadways
    • Smart Ticketing
    • Parking Management
    • Traffic Management
    • Passenger Information
    • Freight Information
    • Vehicle Telematics
    • Others

    Smart Transportation Market, By Maritime

    • Services in Maritime
    • Consulting
    • Deployment and Integration
    • Support and Maintenance
    • Solutions in Maritime
    • Port Operations Management
    • Vessel Tracking
    • Maritime Software
    • Others

    Smart Transportation Market, By Railways

    • Services in Railways
    • Consulting
    • Deployment and Integration
    • Support and Maintenance
    • Solutions in Railways
    • Smart Ticketing
    • Passenger Information
    • Freight Information
    • Rail Traffic Management
    • GIS Tracking Solutions
    • Others

    Smart Transportation Market, By Region

    • North America
    • Europe
    • Asia-Pacific
    • Rest of the World

    Smart Transportation Market, By Company

    • Hitachi
    • Descartes
    • Accenture
    • Rockwell Collins
    • DNV GL
    • Thales Group
    • Huawei
    • Siemens
    • IBM
    • Cisco Systems
    • SAP
    • Cubic
    • Alstom
    • Bombardier
    • Toshiba
    • Harris
    • Saab
    • Veson Nautical
    • Advanced Navigation and Positioning
    • Bass Software
    • Bentley Systems
    • Indra Sistemas
    • Trimble
    • Tom Tom
    • Amadeus
    • Conduent
    • Kapsch

    The report covers:

    • Global Smart Transportation market sizes from 2018 to 2027, along with CAGR for 2022-2027
    • Market size comparison for 2020 vs 2027 with actual data for 2021, estimates for 2022 and forecast from 2022 to 2027
    • Global Smart Transportation market trends, covering comprehensive range of consumer trends & manufacturer trends
    • Value chain analysis covering participants from raw material suppliers to the downstream buyer in the global Smart Transportation market
    • Major market opportunities and challenges in forecast timeframe to be focused
    • Competitive landscape with analysis on competition pattern, portfolio comparisons, development trends and strategic management
    • Comprehensive company profiles of the key industry players

    Report Scope:

    The global Smart Transportation market report scope includes detailed study covering underlying factors influencing the industry trends.

    The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies.

    The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Smart Transportation market share. Major industry players with significant revenue share include Hitachi, Descartes, Accenture, Rockwell Collins, DNV GL, Thales Group, Huawei, Siemens, IBM, Cisco Systems, and others.

    Reasons to Buy this Report:

    • Gain detailed insights on the Smart Transportation industry trends
    • Find complete analysis on the market status
    • Identify the Smart Transportation market opportunities and growth segments
    • Analyse competitive dynamics by evaluating business segments & product portfolios
    • Facilitate strategy planning and industry dynamics to enhance decision making

    Some of the recent developments in Smart Transportation Market are as follows:

    Hitachi

    • 20-2020: Hitachi has declared that it will create a new devoted research and development facility within its North American headquarters facility in Twinsburg, Ohio.
    • 01-2020: It has declared that they have entered into a collaboration intensive on developing an artificial intelligence (AI)-driven cell analysis and sorting system.

    Accenture

    • 14-2020: Accenture and Microsoft have teamed to grow and deliver a digital platform to support Camera Nazionale Della Moda Italiana’s first-ever Milan Digital Fashion Week, that drives live.

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    1. Introduction
        1.1 Key Insights
        1.2 Report Overview
        1.3 Markets Covered
        1.4 Stakeholders
    2. Research Methodology
        2.1 Research Scope
        2.2 Market Research Process
        2.3 Research Data Analysis
            2.4.1 Secondary Research
            2.4.2 Primary Research
            2.4.3 Models for Estimation
        2.5 Market Size Estimation
            2.5.1 Bottom-Up Approach – Segmental Market Analysis
            2.5.2 Top-Down Approach – Parent Market Analysis
    3. Executive Summary
    4. Market Overview
        4.1 Introduction
            4.2.1 Drivers
            4.2.2 Restraints
            4.2.3 Opportunities
            4.2.4 Challenges
        4.2 Porter’s Five Force Analysis
    5. Smart Transportation Market, By Application
        5.1 Introduction
        5.2 Autonomous
            5.2.1 Market Overview
            5.2.2 Market Size and Forecast
        5.3 Video Management
            5.3.1 Market Overview
            5.3.2 Market Size and Forecast
        5.4 Shared Mobility
            5.4.1 Market Overview
            5.4.2 Market Size and Forecast
        5.5 Route Information and Route Guidance
            5.5.1 Market Overview
            5.5.2 Market Size and Forecast
        5.6 Public Transport
            5.6.1 Market Overview
            5.6.2 Market Size and Forecast
        5.7 Transit Hubs
            5.7.1 Market Overview
            5.7.2 Market Size and Forecast
        5.8 Others
            5.8.1 Market Overview
            5.8.2 Market Size and Forecast
    6. Smart Transportation Market, By Airways
        6.1 Introduction
        6.2 Services in Airways
            6.2.1 Market Overview
            6.2.2 Market Size and Forecast
        6.3 Solutions in Airways
            6.3.1 Market Overview
            6.3.2 Market Size and Forecast
    7. Smart Transportation Market, By Transportation Mode
        7.1 Introduction
        7.2 Airways
            7.2.1 Market Overview
            7.2.2 Market Size and Forecast
        7.3 Maritime
            7.3.1 Market Overview
            7.3.2 Market Size and Forecast
        7.4 Railways
            7.4.1 Market Overview
            7.4.2 Market Size and Forecast
        7.5 Roadways
            7.5.1 Market Overview
            7.5.2 Market Size and Forecast
    8. Smart Transportation Market, By Roadways
        8.1 Introduction
        8.2 Services in Roadways
            8.2.1 Market Overview
            8.2.2 Market Size and Forecast
        8.3 Solutions in Roadways
            8.3.1 Market Overview
            8.3.2 Market Size and Forecast
    9. Smart Transportation Market, By Maritime
        9.1 Introduction
        9.2 Services in Maritime
            9.2.1 Market Overview
            9.2.2 Market Size and Forecast
        9.3 Solutions in Maritime
            9.3.1 Market Overview
            9.3.2 Market Size and Forecast
    10. Smart Transportation Market, By Railways
        10.1 Introduction
        10.2 Services in Railways
            10.2.1 Market Overview
            10.2.2 Market Size and Forecast
        10.3 Solutions in Railways
            10.3.1 Market Overview
            10.3.2 Market Size and Forecast
    11. Smart Transportation Market, By Geography
        11.1 Introduction
        11.2 North America
            11.2.1 North America Smart Transportation, By Application
            11.2.2 North America Smart Transportation, By Airways
            11.2.3 North America Smart Transportation, By Transportation Mode
            11.2.4 North America Smart Transportation, By Roadways
            11.2.5 North America Smart Transportation, By Maritime
            11.2.6 North America Smart Transportation, By Railways
        11.3 Europe
            11.3.1 Europe Smart Transportation, By Application
            11.3.2 Europe Smart Transportation, By Airways
            11.3.3 Europe Smart Transportation, By Transportation Mode
            11.3.4 Europe Smart Transportation, By Roadways
            11.3.5 Europe Smart Transportation, By Maritime
            11.3.6 Europe Smart Transportation, By Railways
        11.4 Asia-Pacific
            11.4.1 Asia-Pacific Smart Transportation, By Application
            11.4.2 Asia-Pacific Smart Transportation, By Airways
            11.4.3 Asia-Pacific Smart Transportation, By Transportation Mode
            11.4.4 Asia-Pacific Smart Transportation, By Roadways
            11.4.5 Asia-Pacific Smart Transportation, By Maritime
            11.4.6 Asia-Pacific Smart Transportation, By Railways
        11.5 Rest of the World
            11.5.1 Rest of the World Smart Transportation, By Application
            11.5.2 Rest of the World Smart Transportation, By Airways
            11.5.3 Rest of the World Smart Transportation, By Transportation Mode
            11.5.4 Rest of the World Smart Transportation, By Roadways
            11.5.5 Rest of the World Smart Transportation, By Maritime
            11.5.6 Rest of the World Smart Transportation, By Railways
    12. Competitive Insights
        12.1 Key Insights
        12.2 Company Market Share Analysis
        12.3 Strategic Outlook
            12.3.1 Mergers & Acquisitions
            12.3.2 New Product Development
            12.3.3 Portfolio/Production Capacity Expansions
            12.3.4 Joint Ventures, Collaborations, Partnerships & Agreements
            12.3.5 Others
    13. Company Profiles
        13.1 Hitachi
            13.1.1 Company Overview
            13.1.2 Product/Service Landscape
            13.1.3 Financial Overview
            13.1.4 Recent Developments
        13.2 Descartes
            13.2.1 Company Overview
            13.2.2 Product/Service Landscape
            13.2.3 Financial Overview
            13.2.4 Recent Developments
        13.3 Accenture
            13.3.1 Company Overview
            13.3.2 Product/Service Landscape
            13.3.3 Financial Overview
            13.3.4 Recent Developments
        13.4 Rockwell Collins
            13.4.1 Company Overview
            13.4.2 Product/Service Landscape
            13.4.3 Financial Overview
            13.4.4 Recent Developments
        13.5 DNV GL
            13.5.1 Company Overview
            13.5.2 Product/Service Landscape
            13.5.3 Financial Overview
            13.5.4 Recent Developments
        13.6 Thales Group
            13.6.1 Company Overview
            13.6.2 Product/Service Landscape
            13.6.3 Financial Overview
            13.6.4 Recent Developments
        13.7 Huawei
            13.7.1 Company Overview
            13.7.2 Product/Service Landscape
            13.7.3 Financial Overview
            13.7.4 Recent Developments
        13.8 Siemens
            13.8.1 Company Overview
            13.8.2 Product/Service Landscape
            13.8.3 Financial Overview
            13.8.4 Recent Developments
        13.9 IBM
            13.9.1 Company Overview
            13.9.2 Product/Service Landscape
            13.9.3 Financial Overview
            13.9.4 Recent Developments
        13.10 Cisco Systems
            13.10.1 Company Overview
            13.10.2 Product/Service Landscape
            13.10.3 Financial Overview
            13.10.4 Recent Developments
             13.11 SAP
                           13.11.1 Company Overview
            13.11.2 Product/Service Landscape
            13.11.3 Financial Overview
            13.11.4 Recent Developments
             13.12 Cubic
                           13.12.1 Company Overview
            13.12.2 Product/Service Landscape
            13.12.3 Financial Overview
            13.12.4 Recent Developments
                13.13 Alstom
                           13.13.1 Company Overview
            13.13.2 Product/Service Landscape
            13.13.3 Financial Overview
            13.13.4 Recent Developments
                  13.14 Bombardier
                           13.14.1 Company Overview
            13.14.2 Product/Service Landscape
            13.14.3 Financial Overview
            13.14.4 Recent Developments
                13.15 Toshiba
                            13.15.1 Company Overview
            13.15.2 Product/Service Landscape
            13.15.3 Financial Overview
            13.15.4 Recent Developments
                 13.16 Harris
                           13.16.1 Company Overview
            13.16.2 Product/Service Landscape
            13.16.3 Financial Overview
            13.16.4 Recent Developments
                  13.17 Saab
                            13.17.1 Company Overview
            13.17.2 Product/Service Landscape
            13.17.3 Financial Overview
            13.17.4 Recent Developments
                  13.18 Veson Nautical
                            13.18.1 Company Overview
            13.18.2 Product/Service Landscape
            13.18.3 Financial Overview
            13.18.4 Recent Developments
                 13.19 Advanced Navigation and Positioning
                            13.19.1 Company Overview
            13.19.2 Product/Service Landscape
            13.19.3 Financial Overview
            13.19.4 Recent Developments
                 13.20 Bass Software
                            13.20.1 Company Overview
            13.20.2 Product/Service Landscape
            13.20.3 Financial Overview
            13.20.4 Recent Developments
                   13.21 Bentley Systems
                            13.21.1 Company Overview
            13.21.2 Product/Service Landscape
            13.21.3 Financial Overview
            13.21.4 Recent Developments
                13.22 Indra Sistemas
                           13.22.1 Company Overview
            13.22.2 Product/Service Landscape
            13.22.3 Financial Overview
            13.22.4 Recent Developments
                   13.23 Trimble
                            13.23.1 Company Overview
            13.23.2 Product/Service Landscape
            13.23.3 Financial Overview
            13.23.4 Recent Developments
                   13.24 Tom Tom
                            13.24.1 Company Overview
            13.24.2 Product/Service Landscape
            13.24.3 Financial Overview
            13.24.4 Recent Developments
                  13.25 Amadeus
                            13.25.1 Company Overview
            13.25.2 Product/Service Landscape
            13.25.3 Financial Overview
            13.25.4 Recent Developments
                  13.26 Conduent
                             13.26.1 Company Overview
            13.26.2 Product/Service Landscape
            13.26.3 Financial Overview
            13.26.4 Recent Developments
                 13.27 Kapsch
                            13.27.1 Company Overview
            13.27.2 Product/Service Landscape
            13.27.3 Financial Overview
            13.27.4 Recent Developments

    The Smart Transportation Market has been segmented as below:

    Smart Transportation Market, By Application

    • Autonomous
    • Video Management
    • Traffic and Vehicle Surveillance
    • Automatic Number Plate Recognition
    • Incident Detection and Prevention
    • Shared Mobility
    • Bike Sharing
    • Dynamic Carpooling/Car Sharing
    • Route Information and Route Guidance
    • Public Transport
    • Transit Hubs
    • Others

    Smart Transportation Market, By Airways

    • Services in Airways
    • Consulting
    • Deployment and Integration
    • Support and Maintenance
    • Solutions in Airways
    • Smart Ticketing
    • Passenger Information
    • Ramp Management
    • Freight Information System
    • Air Traffic Management
    • Others

    Smart Transportation Market, By Transportation Mode

    • Airways
    • Maritime
    • Railways
    • Roadways

    Smart Transportation Market, By Roadways

    • Services in Roadways
    • Consulting
    • Deployment and Integration
    • Support and Maintenance
    • Solutions in Roadways
    • Smart Ticketing
    • Parking Management
    • Traffic Management
    • Passenger Information
    • Freight Information
    • Vehicle Telematics
    • Others

    Smart Transportation Market, By Maritime

    • Services in Maritime
    • Consulting
    • Deployment and Integration
    • Support and Maintenance
    • Solutions in Maritime
    • Port Operations Management
    • Vessel Tracking
    • Maritime Software
    • Others

    Smart Transportation Market, By Railways

    • Services in Railways
    • Consulting
    • Deployment and Integration
    • Support and Maintenance
    • Solutions in Railways
    • Smart Ticketing
    • Passenger Information
    • Freight Information
    • Rail Traffic Management
    • GIS Tracking Solutions
    • Others

    Smart Transportation Market, By Region

    • North America
    • Europe
    • Asia-Pacific
    • Rest of the World

    Smart Transportation Market, By Company

    • Hitachi
    • Descartes
    • Accenture
    • Rockwell Collins
    • DNV GL
    • Thales Group
    • Huawei
    • Siemens
    • IBM
    • Cisco Systems
    • SAP
    • Cubic
    • Alstom
    • Bombardier
    • Toshiba
    • Harris
    • Saab
    • Veson Nautical
    • Advanced Navigation and Positioning
    • Bass Software
    • Bentley Systems
    • Indra Sistemas
    • Trimble
    • Tom Tom
    • Amadeus
    • Conduent
    • Kapsch

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    The market is expected to grow at a CAGR of 10.5% during the study period (2022-2027)
    The global smart transportation market is expected to be around US$ 172 billion by 2027
    The segment included in Smart Transportation market is Application, Airways, Transportation Mode, Roadways, Maritime, Railways, Company and region.
    Some key players operating in the Smart Transportation market include Hitachi, Descartes, Accenture, Rockwell Collins, DNV GL, Thales Group, Huawei, Siemens, IBM, Cisco Systems
    We can offer several formats of the market research reports including, • PDF • PPT • Spreadsheet/ Workbook

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