North America Smart Transportation Market Anticipated to Reach USD 95.2 Billion by 2024

Posted on 2018-09-19 by Goldstein Research in Transportation & Logistics // 0 Comments

New York, USA, 2018-Sep-19 — /EPR Network/ —

North America Smart Transportation Market

According to Goldstein Research, North America smart transportation market is expected to reach USD 95.2 billion by 2024, growing at a CAGR of 10.2% over the forecast period 2016-2024. The tech and automotive companies pouring money into the Internet of Things, and one area of particular interest to investors is IoT connected cars for smart and efficient transportation system is thus driving the growth of the market. North America smart transportation market segmentation has been done on the basis of offering, application, and geography. Based on application, safety assistance accounted for the largest revenue share of 35% in North America smart transportation market in 2016.

North America smart transportation market is largely dominated by North America with a market share of 35% in 2016. The rising government investment to improve transport infrastructure in the region is expected to impel regional growth in the country over the coming years.

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Market Segmentation

On the basis of our in-depth analysis, North America Smart Transportation Market can be segmented as follows:

By Offering

Products
Hardware
Software
Services
Installation
Training
Support and Maintenance

Based on Application

Vehicle Management
Mobility Management
Traffic Management
Parking Management
Safety Assistance
Driver assistance
Infotainment

Based on Geography

United States {Market Share (%), Market Size (USD Billion, Adoption Rate (%)}
Canada {Market Share (%), Market Size (USD Billion, Adoption Rate (%)}

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“North America Smart Transportation Market Outlook 2024” contains a detailed overview of the North America smart transportation market. On the basis of our in-depth analysis, the market can be segmented in terms of market segmentation by offering, application, and geography.

The North America Smart Transportation Market Report highlights the competitive outlook of major North America players that includes the business strategies, product portfolio, revenue distribution, financial analysis, R&D activities and investments. The in-depth analysis of smart transportation market report will help the clients to assess their business strategies as per the competitive environment in the market space.

Major players of the North America smart transportation market discussed in the report are: Orange Business Services, Swarco Ag, Q-Free Asa, Amano Corporation, Alstom SA, T2 Systems Inc., Xerox Corporation, Siemens Ag, Accenture Plc, Cisco Systems, Gemalto NV, On Track Innovations (OTI) Ltd, IBM Corp.,etc.

Further, North America Smart Transportation Market Analysis Report encompasses the major trends & growth opportunities, market dynamics and other growth factors. The Smart Transportation Market outlook also comprises of key challenges for the market players, risk analysis, SWOT Analysis, BPS analysis, and Market Attractiveness. The report also includes the expert analysis which provides a complete overview of the market post analysis of the economic, political, environmental & social factors of each region and country.

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