The Smart Transportation Market is expected to reach USD 31 billion by 2026 with a CAGR of 18% over the forecast period (2021-2027). The world’s population growth has led to rapid urbanization, leading to many problems such as road congestion and safety issues. The need to formulate sustainable solutions to address these challenges is gaining worldwide attention. With the advent of cloud-based technology and the development of V2V (Vehicle-to-Vehicle) and V2I (Vehicle-to-Grid infrastructure), smart transportation is becoming a reality.
A full report of Smart Transportation Market available at: https://www.orionmarketreports.com/smart-transportation-market/23063/
Smart Transportation Market- Segmentation
By Solution
• Hybrid Ticketing Management System
• Parking Management & Guidance System
• Integrated Supervision System
• Traffic Management System
By Service
• Business
• Professional
• Cloud
Market Players
• Accenture Plc
• Siemens
• IBM
• Cisco Systems
• GE Transportation
• Xerox Corporation
• Cubic Corporation
• Thales S.A.
• Kapsch AG
• Alstom SA
• LG CNS Corporation
• Indra Sistema S.A.
• Iteris Inc.
• TomTom NV
• Garmin International Inc.
• Q-Free ASA
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
