Smart Transportation Planning Solution - Tredence

The global smart transportation market was valued at USD 57.9 billion in 2018 and is expected to reach USD 191.3 billion in 2026, growing at a CAGR of 16.4% during the forecast period.

The European Union provided a definition of smart transportation as, “a system in which information and communication technologies are applied in the field of road transport, including infrastructure, vehicles, and users, and in traffic management and mobility management, as well as for interfaces with other modes of transport.” High-speed internet connectivity owing to 5G networks is enabling smart transportation technologies to develop a wide range of solutions.

Moreover, the availability of cloud services is allowing flexible solutions to be delivered.

The report provides a comprehensive analysis of all regional and key player segments providing closer insights into current industry conditions and future market opportunities.Key Market Segmentation of Smart Transportation Industry:The segmentation of the Smart Transportation market has been offered based on product type, application, Major Key Players, and region.

Every segment has been analyzed in detail, and data pertaining to the growth of each segment has been included in the analysisThe Top Players Listed in the Smart Transportation Market Report are Thales (France)Huawei (China)Siemens (Germany)IBM (US)Cisco Systems (US)SAP (Germany)Cubic (US)ALSTOM (France)Bombardier (Canada)and Toshiba (Japan)among othersBased on type, Smart Transportation market report split intoRoadwaysRailwaysAirwaysMaritimeBased on Application Smart Transportation market is segmented intoShared MobilityRoute Information and Route GuidancePublic TransportTransit HubsAutonomous/Driverless VehiclesOthersSmart transportation is increasingly being adopted to accommodate the needs of ever-increasing urban demographics.

According to the global status report on road safety 2018 by World Health Organization in December 2018, quoted that there are more than 1.35 million deaths annually owing to road traffic accidents which have now become the leading death cause of people aged 5-29 years.

The global Smart Stadium Solution Market research report, published by Value Market Research, is designed to offer various market framework such as market size, portion, trends, growth path, value and factors that impact the current market dynamics over the forecast period 2020-2027.

Most importantly, this report also provides the latest significant strategies adopted by major players along with their market share.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.

The major players in the smart stadium solution market include Cisco, IBM, Infosys, HUAWEI, Intel, Tech Mahindra, NEC, Johnson Controls, VIX Technology, Centurylink, Honeywell, Ucopia, Volteo, HPE.

This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Smart Stadium Solution Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/smart-stadium-solution-market/download-sampleMarket DynamicsThe global smart stadium solution market is anticipated to remain healthy and lucrative in the coming years.

Evolving digital age, upcoming national and international sports events, increasing focus on delighting and engaging fans at stadiums, stringent security regulations formulated by sports governing bodies collectively drive the global market.

This is because the COVID-19 pandemic caused accelerated changes in fan behavior and expectations, with new possibilities and opportunities enabled by increasing advancements in digital technology.

Reach a consensus between the various demand plans as well as between supply & demand with Tredence’s integrated sales and operations planning solution.

Smart transportation solutions generally comprise intelligent bridges, intelligent highways, intelligent traffic lights, and intelligent toll roads, smart bus systems, etc.

GPS navigation systems, electronic toll collection, electronic speed cameras, traffic alerting systems, and vehicle tracking systems are some of the technologies in use.

Other technologies in smart transportation systems may include automated route planning and scheduling, vehicle telematics, automated onboard computer systems, autonomous vehicle operation, e-mail or web-based communication with drivers, remote vehicle control, GPS network connectivity to determine vehicle position, real-time data on traffic conditions, fuel consumption, braking, and acceleration, and adaptive cruise control.

It can help minimize traffic problems by creating better and more efficient traffic scenarios.

It can also save the organization a lot of time and money when it comes to managing the mass traffic flow.

As the network fine-tunes its algorithms to prevent traffic bottlenecks, traffic delays may become less of a nuisance.

Global Smart Transportation Market – OverviewThe smart transportation is an advanced transportation system provides innovative services associated with different modes of transport and traffic management for avoiding various problems including traffic accidents, congestion, and vehicle carbon emission.

The adoption of fleet management in smart transportation provides vehicles with a smarter solution that offers real-time visibility of driver performance, vehicle location, fuel consumption, travelling mileage speed, idle times, and increases efficiency & productivity of the vehicles.Due to the rapid urbanization, the amount of greenhouse gas increases in the environment which leads to the adoption of alternative fuels such as bio-fuels, ethanol, compressed natural gas (CNG), and increases the demand of solar and electric vehicles which is likely to impact the growth of smart transportation systems.Smart transportation systems include a broad range of wireless and wireline communication-based information, connectivity technologies for the better management of traffic and improve the existing transportation infrastructure..

Furthermore, there are various benefits of smart transportation, including improvement in safety issues, higher productivity & efficiency, environmental friendliness, and better life quality.Request a Free Sample @ https://www.marketresearchfuture.com/sample_request/2467Also, the smart transportation involves the adoption of smart parking management solutions which uses the IoT technology along with mobile payment services.

It also provides real-time parking information displayed on the electronic sign board that is useful for both parking staff members as well as the end-users.

The adoption of multi-level parking provides various benefits including minimum utilization of land, greater convenience in entry and exit, with the help of multi sensors and safety devices offering low operating and maintenance expenses.

The adoption of advanced technologies including cloud computing, big data, evolution of wireless network, machine to machine(M2M), Internet of things (IoT), and government initiatives to support smart technologies in existing transportation are some of the factors that are impacting the growth of smart transportation market.

The  Smart Transportation Market  report additionally states import/trade utilization, free market activity figures, cost, value, volume and gross edges.

Few of the leading organizations’ names are listed here- Kapsch Traffic Com, Gemalto NV, Thales Group, Alstom, Schneider Electric, Siemens Ltd., MSR-Traffic, Cubic Corporation, WS ATKINS PLC, Cisco System, Inc., Accenture, IBM, LG CNS, Indigo Group and Toshiba Corporation and others.

Global smart transportation market is expected to  register a healthy CAGR of 19.7% in the forecast period of 2019 to 2026.Grab Sample Report + All Related Tables & Charts of Global Smart Transportation Market Study Now @ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-smart-transportation-marketMarket Definition: The Smart Transportation is one of the most crucial and equipped with ITS (Intelligent Transportation System) based applications.

The smart sensor offers a wide range of applications in road transport including infrastructure, traffic management, mobility management, car navigation, container management systems, automatic number plate recognition and security CCTV systems applications Market TrendsOn the basis of solution the market is segmented into passenger information solution, traffic management solution,parking management solution, smart ticketing solution, insurance telematics solution and integrated supervision solution.

Focal points covered in this Smart Transportation Market reportThis Smart Transportation Market report provides pin point analysis of the market outlook and later establishes its comparison with current patterns.

Also it creates a relationship of the market outlook with Porter Five Force AnalysisThis research report is inclusive concept of the market progression.

Global Smart Transportation Market is anticipated to reach USD 285.12 billion by 2024.

The market is anticipated to grow at a healthy rate in the years to come.

Smart transportation system comprises use of advanced technologies such as telecommunication, computers, electronics information, and progressive sensors to offer information to customers to develop efficiency and safety of the transportation system.Smart transportation system is progressively being accepted to reduce environmental impact of greenhouse gasses emitted by vehicles, improve traffic management, and reduce congestion.

On the other hand, there are factors that may hamper the growth of the market such as smart transportation requires a big database of road networks that could not be accessible in the emerging countries, and huge capital investment.

Smart transportation industry is anticipated to grow at a significant CAGR of 22.5% in the upcoming period as the scope, product types, and its applications are increasing across the globe.Download Sample Report @ https://www.millioninsights.com/industry-reports/smart-transportation-market/request-sampleSmart transportation market may be explored by solution, service, and geography.

The “Traffic Management” segment dominated the smart transportation industry in 2016 and is anticipated to maintain its dominance by 2024.