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 […]
Tag Archives: Smart Transportation market Size
The global smart transportation market size is expected to grow from $94.45 billion in 2020 to $155.6 billion in 2025 with an average annual growth rate (CAGR) of 10% over the forecast period. The major growth drivers of the market are technological advances to improve customer experience, government initiatives and PPP model growth for smart […]