Smart Transportation Market by Mode Of Transportation, Type, and Geography - Forecast and Analysis 2023-2027

Published: Oct 2023 Pages: 168 SKU: IRTNTR76212

Smart Transportation Market Forecast 2023-2027

The Smart Transportation Market size is estimated to grow by USD 108.12 billion at a CAGR of 15% between 2022 and 2027. The market's expansion hinges on several key factors, including the escalating integration of advanced technologies into smart transportation systems, heightened investments in the development of transportation infrastructure, and the imperative for sustainable, clean, and high-speed transport solutions. These factors collectively drive innovation and growth within the smart transportation sector, facilitating more efficient and environmentally friendly modes of travel. The adoption of cutting-edge technologies not only enhances the overall functionality and safety of these systems but also aligns with the global shift toward sustainable practices. Moreover, increased investments in infrastructure signify a commitment to improving networks, which is crucial for economic development and societal progress.

What will be the Size of the Market During the Forecast Period?

 Market Forecast 2023-2027

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Market Segmentation

This report extensively covers market segmentation by mode of transportation (roadways, railways, airways, and maritime), type (solutions and services), and geography (Europe, North America, APAC, South America, and Middle East and Africa).

By Mode Of Transportation 

The roadways segment will account for a major share of the market's growth during the forecast period. Roadways are considered the most important mode of transport for transporting passengers and goods for short and medium distances. Time-saving in the mobility of passengers and goods is made possible through the deployment of smart technologies such as the Internet of Things(IoT), big data, artificial intelligence, or other roadways.

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The roadways segment was valued at USD 23.00 billion in 2017. Smart transportation, with a particular emphasis on IoT and machine learning techniques, will enhance the roadways and improve the efficiency of commuting. Increasing government investments in developing roadway infrastructure are expected to increase demand for smart transport on the roads. Therefore, the roadways segment will grow in the market during the forecast period.

By Region

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Europe is estimated to contribute 32% to the growth by 2027. Technavio’s analysts have elaborately explained the regional trends, drivers, and challenges that are expected to shape the market during the forecast period. Factors such as the growing demand, increasing environmental concerns, and stringency of regulatory frameworks are driving the sector in the region. In particular, as regards the quality of service, transport demand is continuing to increase.

Moreover, the growing traffic congestion has added to the need for a more efficient transportation mode. As three-fourths of the European Union (EU) population stays in urban areas, urbanization and growing competition due to globalization are bringing a significant change in the sector in the region. In the EU, digitalization programs have been introduced over the past three years by rail operators and government agencies in various Member States. Therefore, the market in the region will grow during the forecast period.

Market Dynamics and Customer Landscape

The market is evolving rapidly with the advent of future mobility solutions and advanced electronic devices. Transportation management control systems are integrating sensors to efficiently manage multiple vehicles. App-based mobility services and on-demand mobility services are transforming commuting patterns, reducing latency, and enhancing user experience. In international trade, international eCommerce is driving demand for efficient commercial aircraft operations, leading to a focus on optimizing fleet size. Open payment systems and smart card readers are simplifying transactions in transportation, while NFV systems are enhancing network efficiency. In maritime transport, marine software applications are improving operations and reducing greenhouse gas emissions. They also address urban challenges like traffic control systems, parking problems, and public transportation optimization, leveraging 5G-based connectivity and promoting autonomous vehicles and mobility as a service (MaaS) for sustainable and efficient smart mobility solutions. Our researchers studied the data for years, with 2022 as the base year and 2023 as the estimated year, and presented the key drivers, trends, and challenges for the market. 

Key Market Driver- Rising adoption of advanced technologies in smart transportation systems

Technological advances and the adoption of advanced technologies are major factors driving the growth of the market. All modes of transport can increase operational efficiency and improve services to commuters in a quicker manner by applying modern technologies. Advanced technologies such as automation, AI, and machine learning have the potential to revolutionize transportation.

In addition, data analytics can speed up the root cause analyses, which will reduce the number of man-hours spent on such tasks. In the information provided by operators, advances in technology have led to standardization, transparency, and scalability that enable them to make more informed decisions on how assets are performing. Operators realizing the benefits of advanced technologies will drive adoption and support the growth of the market.

Significant Market Trends- Adoption of IoT and big data driving efficiency

The sector generates a vast amount of big data from interconnected stakeholders. The data are of fundamental importance and can be used for improved passenger security and the efficiency of stations and freight operations. As transportation networks become smart, there are ample sources from where data is generated. In addition, in several functions within the transport industry, operators have become more and more interested in IoT and Big Data.

Moreover, the monitoring process can be performed at remote locations, helping to identify any problems that may occur while the vehicle is operating. Hence, the use of IoT and big data will benefit the sector and shape its future. Thus, the involvement of IoT and big data is expected to boost the growth of the market during the forecast period.

Major Market Challenge- High investments in initial infrastructure

The high investments required for initial infrastructure hinder the adoption of smart transportation. For countries whose budgetary constraints, transportation projects can pose an enormous burden and governments may take loans from international agencies, which will increase the debt of the governments and the companies involved in managing transportation.

Moreover, the post-deployment failure of any infrastructure element owing to some technical error or the problems of integration can have a serious impact, such as the loss of life or substantial replacement costs. It is estimated that the high initial cost of deployment will hinder the growth of the market during the forecast period.

Who are the Major Smart Transportation Market Companies?

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

Accenture Plc- The company offers smart transportation solutions such as cloud infrastructure, mobility solutions, digital platforms, 5G connectivity, artificial intelligence, and machine learning.

We also have detailed analyses of the market’s competitive landscape and offer information on 19 market companies, including:

ALE International, ALSTOM SA, Cisco Systems Inc., Digi International Inc., General Electric Co., Hitachi Ltd., Indra Sistemas SA, Infinera Corp., Intel Corp., International Business Machines Corp., Kapsch TrafficCom AG, NEC Corp., NExT S.R.L., Parsons Corp., Schneider Electric SE, Siemens AG, Thales Group, and WSP Global Inc. 

Technavio report provides an in-depth analysis of the market and its players through combined qualitative and quantitative data. The analysis classifies companies into categories based on their business approaches, including pure-play, category-focused, industry-focused, and diversified. Companies are specially categorized into dominant, leading, strong, tentative, and weak, based on their quantitative data analysis.  

Segment Overview

The market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027. 

  • Mode Of Transportation Outlook 
    • Roadways
    • Railways
    • Airways
    • Maritime
  • Type Outlook 
    • Solutions
    • Services
  • Region Outlook 
    • North America
      • The U.S.
      • Canada
    • Europe
      • The U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa
    • South America
      • Chile
      • Argentina
      • Brazil

Market Analyst Overview

The market is leveraging connected devices and analytical computation processes to enhance transportation systems. It relies on centralized storage systems and edge analytics for efficient data processing. For surveillance, Closed-Circuit Televisions (CCTVs) and surveillance cameras are deployed, along with field-level devices and robust transmission networks. Railway authorities are adopting advanced railway technologies for improved rail traffic management and centralized supervision. Aviation services utilize POS terminals and a robust air transport network.

In maritime transport, international maritime transport faces challenges such as customs duties and requires efficient operations by shipping companies. Traffic management is critical, necessitating traffic planning and operation management systems. The market also focuses on energy consumption and pollution, promoting public transit and electric vehicles. To manage transportation efficiently, intelligent parking systems and transportation planning systems are essential, along with decentralized payment collecting systems and cloud-based parking services for smart parking.

Market Scope

Report Coverage

Details

Page number

168

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 15%

Market growth 2023-2027

USD 108.12 billion

Market structure

Fragmented

YoY growth 2022-2023(%)

14.57

Regional analysis

Europe, North America, APAC, South America, and Middle East and Africa

Performing market contribution

Europe at 32%

Key countries

US, China, Germany, UK, and France

Competitive landscape

Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

Key companies profiled

Accenture Plc, ALE International, ALSTOM SA, Cisco Systems Inc., Digi International Inc., General Electric Co., Hitachi Ltd., Indra Sistemas SA, Infinera Corp., Intel Corp., International Business Machines Corp., Kapsch TrafficCom AG, NEC Corp., NExT S.R.L., Parsons Corp., Schneider Electric SE, Siemens AG, Thales Group, and WSP Global Inc.

Market dynamics

Parent market analysis, Market Forecasting, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the market growth and forecasting of the market between 2023 and 2027
  • Precise estimation of the size of the market size and its contribution to the parent market
  • Accurate predictions about upcoming market trends and analysis and changes in consumer behavior
  • Growth of the market industry across Europe, North America, APAC, South America, and Middle East and Africa
  • Thorough market growth analysis of the market’s competitive landscape and detailed information about companies
  • Comprehensive market analysis and report on the factors that will challenge the market research and growth of market companies

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Mode of Transportation
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Type
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
    • 3.4 Market outlook: Forecast for 2022-2027
      • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

    4 Historic Market Size

    • 4.1 Global smart transportation market 2017 - 2021
      • Exhibit 18: Historic Market Size – Data Table on global smart transportation market 2017 - 2021 ($ billion)
    • 4.2 Mode of transportation Segment Analysis 2017 - 2021
      • Exhibit 19: Historic Market Size – Mode of transportation Segment 2017 - 2021 ($ billion)
    • 4.3 Type Segment Analysis 2017 - 2021
      • Exhibit 20: Historic Market Size – Type Segment 2017 - 2021 ($ billion)
    • 4.4 Geography Segment Analysis 2017 - 2021
      • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ billion)
    • 4.5 Country Segment Analysis 2017 - 2021
      • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ billion)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

    6 Market Segmentation by Mode of Transportation

    • 6.1 Market segments
      • Exhibit 30: Chart on Mode of Transportation - Market share 2022-2027 (%)
      • Exhibit 31: Data Table on Mode of Transportation - Market share 2022-2027 (%)
    • 6.2 Comparison by Mode of Transportation
      • Exhibit 32: Chart on Comparison by Mode of Transportation
      • Exhibit 33: Data Table on Comparison by Mode of Transportation
    • 6.3 Roadways - Market size and forecast 2022-2027
      • Exhibit 34: Chart on Roadways - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 35: Data Table on Roadways - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 36: Chart on Roadways - Year-over-year growth 2022-2027 (%)
      • Exhibit 37: Data Table on Roadways - Year-over-year growth 2022-2027 (%)
    • 6.4 Railways - Market size and forecast 2022-2027
      • Exhibit 38: Chart on Railways - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 39: Data Table on Railways - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 40: Chart on Railways - Year-over-year growth 2022-2027 (%)
      • Exhibit 41: Data Table on Railways - Year-over-year growth 2022-2027 (%)
    • 6.5 Airways - Market size and forecast 2022-2027
      • Exhibit 42: Chart on Airways - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 43: Data Table on Airways - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 44: Chart on Airways - Year-over-year growth 2022-2027 (%)
      • Exhibit 45: Data Table on Airways - Year-over-year growth 2022-2027 (%)
    • 6.6 Maritime - Market size and forecast 2022-2027
      • Exhibit 46: Chart on Maritime - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 47: Data Table on Maritime - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 48: Chart on Maritime - Year-over-year growth 2022-2027 (%)
      • Exhibit 49: Data Table on Maritime - Year-over-year growth 2022-2027 (%)
    • 6.7 Market opportunity by Mode of Transportation
      • Exhibit 50: Market opportunity by Mode of Transportation ($ billion)
      • Exhibit 51: Data Table on Market opportunity by Mode of Transportation ($ billion)

    7 Market Segmentation by Type

    • 7.1 Market segments
      • Exhibit 52: Chart on Type - Market share 2022-2027 (%)
      • Exhibit 53: Data Table on Type - Market share 2022-2027 (%)
    • 7.2 Comparison by Type
      • Exhibit 54: Chart on Comparison by Type
      • Exhibit 55: Data Table on Comparison by Type
    • 7.3 Solutions - Market size and forecast 2022-2027
      • Exhibit 56: Chart on Solutions - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 57: Data Table on Solutions - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 58: Chart on Solutions - Year-over-year growth 2022-2027 (%)
      • Exhibit 59: Data Table on Solutions - Year-over-year growth 2022-2027 (%)
    • 7.4 Services - Market size and forecast 2022-2027
      • Exhibit 60: Chart on Services - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 61: Data Table on Services - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 62: Chart on Services - Year-over-year growth 2022-2027 (%)
      • Exhibit 63: Data Table on Services - Year-over-year growth 2022-2027 (%)
    • 7.5 Market opportunity by Type
      • Exhibit 64: Market opportunity by Type ($ billion)
      • Exhibit 65: Data Table on Market opportunity by Type ($ billion)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 66: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 67: Chart on Market share by geography 2022-2027 (%)
      • Exhibit 68: Data Table on Market share by geography 2022-2027 (%)
    • 9.2 Geographic comparison
      • Exhibit 69: Chart on Geographic comparison
      • Exhibit 70: Data Table on Geographic comparison
    • 9.3 Europe - Market size and forecast 2022-2027
      • Exhibit 71: Chart on Europe - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 72: Data Table on Europe - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 73: Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Exhibit 74: Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • 9.4 North America - Market size and forecast 2022-2027
      • Exhibit 75: Chart on North America - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 76: Data Table on North America - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 77: Chart on North America - Year-over-year growth 2022-2027 (%)
      • Exhibit 78: Data Table on North America - Year-over-year growth 2022-2027 (%)
    • 9.5 APAC - Market size and forecast 2022-2027
      • Exhibit 79: Chart on APAC - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 80: Data Table on APAC - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 81: Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Exhibit 82: Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • 9.6 South America - Market size and forecast 2022-2027
      • Exhibit 83: Chart on South America - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 84: Data Table on South America - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 85: Chart on South America - Year-over-year growth 2022-2027 (%)
      • Exhibit 86: Data Table on South America - Year-over-year growth 2022-2027 (%)
    • 9.7 Middle East and Africa - Market size and forecast 2022-2027
      • Exhibit 87: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 88: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 89: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
      • Exhibit 90: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • 9.8 US - Market size and forecast 2022-2027
      • Exhibit 91: Chart on US - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 92: Data Table on US - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 93: Chart on US - Year-over-year growth 2022-2027 (%)
      • Exhibit 94: Data Table on US - Year-over-year growth 2022-2027 (%)
    • 9.9 Germany - Market size and forecast 2022-2027
      • Exhibit 95: Chart on Germany - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 96: Data Table on Germany - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 97: Chart on Germany - Year-over-year growth 2022-2027 (%)
      • Exhibit 98: Data Table on Germany - Year-over-year growth 2022-2027 (%)
    • 9.10 China - Market size and forecast 2022-2027
      • Exhibit 99: Chart on China - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 100: Data Table on China - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 101: Chart on China - Year-over-year growth 2022-2027 (%)
      • Exhibit 102: Data Table on China - Year-over-year growth 2022-2027 (%)
    • 9.11 UK - Market size and forecast 2022-2027
      • Exhibit 103: Chart on UK - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 104: Data Table on UK - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 105: Chart on UK - Year-over-year growth 2022-2027 (%)
      • Exhibit 106: Data Table on UK - Year-over-year growth 2022-2027 (%)
    • 9.12 France - Market size and forecast 2022-2027
      • Exhibit 107: Chart on France - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 108: Data Table on France - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 109: Chart on France - Year-over-year growth 2022-2027 (%)
      • Exhibit 110: Data Table on France - Year-over-year growth 2022-2027 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 111: Market opportunity by geography ($ billion)
      • Exhibit 112: Data Tables on Market opportunity by geography ($ billion)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 113: Impact of drivers and challenges in 2022 and 2027
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 114: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 115: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 116: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 117: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 118: Matrix on vendor position and classification
            • 12.3 Accenture Plc
              • Exhibit 119: Accenture Plc - Overview
              • Exhibit 120: Accenture Plc - Business segments
              • Exhibit 121: Accenture Plc - Key news
              • Exhibit 122: Accenture Plc - Key offerings
              • Exhibit 123: Accenture Plc - Segment focus
            • 12.4 ALE International
              • Exhibit 124: ALE International - Overview
              • Exhibit 125: ALE International - Product / Service
              • Exhibit 126: ALE International - Key offerings
            • 12.5 ALSTOM SA
              • Exhibit 127: ALSTOM SA - Overview
              • Exhibit 128: ALSTOM SA - Business segments
              • Exhibit 129: ALSTOM SA - Key offerings
              • Exhibit 130: ALSTOM SA - Segment focus
            • 12.6 Cisco Systems Inc.
              • Exhibit 131: Cisco Systems Inc. - Overview
              • Exhibit 132: Cisco Systems Inc. - Business segments
              • Exhibit 133: Cisco Systems Inc. - Key news
              • Exhibit 134: Cisco Systems Inc. - Key offerings
              • Exhibit 135: Cisco Systems Inc. - Segment focus
            • 12.7 General Electric Co.
              • Exhibit 136: General Electric Co. - Overview
              • Exhibit 137: General Electric Co. - Business segments
              • Exhibit 138: General Electric Co. - Key news
              • Exhibit 139: General Electric Co. - Key offerings
              • Exhibit 140: General Electric Co. - Segment focus
            • 12.8 Hitachi Ltd.
              • Exhibit 141: Hitachi Ltd. - Overview
              • Exhibit 142: Hitachi Ltd. - Business segments
              • Exhibit 143: Hitachi Ltd. - Key news
              • Exhibit 144: Hitachi Ltd. - Key offerings
              • Exhibit 145: Hitachi Ltd. - Segment focus
            • 12.9 Indra Sistemas SA
              • Exhibit 146: Indra Sistemas SA - Overview
              • Exhibit 147: Indra Sistemas SA - Business segments
              • Exhibit 148: Indra Sistemas SA - Key offerings
              • Exhibit 149: Indra Sistemas SA - Segment focus
            • 12.10 Infinera Corp.
              • Exhibit 150: Infinera Corp. - Overview
              • Exhibit 151: Infinera Corp. - Product / Service
              • Exhibit 152: Infinera Corp. - Key offerings
            • 12.11 International Business Machines Corp.
              • Exhibit 153: International Business Machines Corp. - Overview
              • Exhibit 154: International Business Machines Corp. - Business segments
              • Exhibit 155: International Business Machines Corp. - Key news
              • Exhibit 156: International Business Machines Corp. - Key offerings
              • Exhibit 157: International Business Machines Corp. - Segment focus
            • 12.12 Kapsch TrafficCom AG
              • Exhibit 158: Kapsch TrafficCom AG - Overview
              • Exhibit 159: Kapsch TrafficCom AG - Business segments
              • Exhibit 160: Kapsch TrafficCom AG - Key news
              • Exhibit 161: Kapsch TrafficCom AG - Key offerings
              • Exhibit 162: Kapsch TrafficCom AG - Segment focus
            • 12.13 NEC Corp.
              • Exhibit 163: NEC Corp. - Overview
              • Exhibit 164: NEC Corp. - Business segments
              • Exhibit 165: NEC Corp. - Key news
              • Exhibit 166: NEC Corp. - Key offerings
              • Exhibit 167: NEC Corp. - Segment focus
            • 12.14 Schneider Electric SE
              • Exhibit 168: Schneider Electric SE - Overview
              • Exhibit 169: Schneider Electric SE - Business segments
              • Exhibit 170: Schneider Electric SE - Key news
              • Exhibit 171: Schneider Electric SE - Key offerings
              • Exhibit 172: Schneider Electric SE - Segment focus
            • 12.15 Siemens AG
              • Exhibit 173: Siemens AG - Overview
              • Exhibit 174: Siemens AG - Business segments
              • Exhibit 175: Siemens AG - Key news
              • Exhibit 176: Siemens AG - Key offerings
              • Exhibit 177: Siemens AG - Segment focus
            • 12.16 Thales Group
              • Exhibit 178: Thales Group - Overview
              • Exhibit 179: Thales Group - Business segments
              • Exhibit 180: Thales Group - Key news
              • Exhibit 181: Thales Group - Key offerings
              • Exhibit 182: Thales Group - Segment focus
            • 12.17 WSP Global Inc.
              • Exhibit 183: WSP Global Inc. - Overview
              • Exhibit 184: WSP Global Inc. - Business segments
              • Exhibit 185: WSP Global Inc. - Key news
              • Exhibit 186: WSP Global Inc. - Key offerings
              • Exhibit 187: WSP Global Inc. - Segment focus

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 188: Inclusions checklist
                • Exhibit 189: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 190: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 191: Research methodology
                • Exhibit 192: Validation techniques employed for market sizing
                • Exhibit 193: Information sources
              • 13.5 List of abbreviations
                • Exhibit 194: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

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              smart transportation market

              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

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