Smart Transportation Market is estimated to reach $278 billion by 2024 with CAGR of 19.4% between 2016 and 2024. Smart transportation involves planning and designing of new roadways with improved features that would provide safe transport solutions. Absence of quality transport, poor movement system, poor rood conditions and others are the major issues confronted by most of the cities.
“Smart Transportation Market: Global Demand Analysis & Opportunity Outlook 2024”
The global smart transportation market is segmented into solution such as ticketing management system, parking management & guidance system, integrated supervision system and traffic management system, out of which traffic management system segment accounted for the largest segments in overall smart transportation market and traffic management system segment is projected to grab ... Read more
Smart Transportation Market by Solution (Traffic Management, Smart Ticketing, Parking Management, Integrated Supervision, Passenger Information, Insurance Telematics Solution), by Service (Consulting Service, Deployment and Integration, Support and Maintenance) - Forecast to 2022
Global Smart Transportation Market - Overview
Rapid automation and technical advancements in automotive industry have encouraged the manufacturers to
