Smart Transportation Market Research, In-Depth Analysis, Key Players, Applications, Forecast to 2023
The smart transportation market is expected to grow from USD 75.00 billion in 2018 to USD 149.21 billion by 2023, at a CAGR of 14.7% during the forecast period. Major factors that are expected to drive the growth of the smart transportation market across the globe include the rising urban population and high demographic rates, the growing adoption of connected and smart technologies in the transportation...
Scope and Applications of Smart Transportation
As the name suggests, smart transportation system (STS) involves different innovative technologies related to different modes of transport. Numerous users of these transport modes get better, smarter and highly coordinated information. This technology is also known as intelligent transport system. This technology is all about increasing intelligence level of the transport system. Smart transport consists...
Need for Smart Transportation, Smart Energy and Smart Security to drive the market for Smart Cities
MarketsandMarkets recently conducted a study on Smart Cities – Projects, Advanced Technologies, Adoptions and Transformations – Worldwide Market (2011 – 2016), which analyzed and studied the major market drivers, restraints, and opportunities in North America, Europe, Asia-Pacific and Rest of the World (ROW)
Browse 75 market tables spread across 318 pages and in-depth TOC on “Smart Cities...