(USGovernment-News.Com, November 14, 2017 ) Smart transportation system is advanced applications of information, communication technologies and management strategies in order to provide highly efficient services related transportation and traffic management. Besides this, smart transportation systems offers improved operational efficiency, enhancing road safety, and less traffic congestion. Smart transportation system has broadly application in parking availability system, traffic enforcement camera, collision avoidance system and so on.
The report aims to provide an overview of global smart transportation systems market with detailed market segmentation by component, system, application and geography. The global smart transportation systems market is expected to witness high growth during the forecast period. Increase in number of vehicles and traffic congestion is driving the smart transportation systems market.
Global Smart Transportation Systems Market Players:
Affiliated Computer Services, Inc.
Lanner Electronics, Inc.
Tomtom International Bv
Key questions answered in this report
- What will the market size be in 2025 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Objectives of Smart Transportation Systems Market Report are as follows:
• To provide overview of the global Smart Transportation Systems market • To analyze and forecast the global Smart Transportation Systems market on the basis of components, application, size and technology • To provide market size and forecast till 2025 for overall Smart Transportation Systems market with respect to five major regions, namely; North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and South America (SAM), which are later sub-segmented across respective major countries • To evaluate market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend • To provide exhaustive PEST analysis for all five regions • To profiles key Smart Transportation Systems players influencing the market along with their SWOT analysis and market strategies
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