Global Smart Transportation Market is anticipated to reach USD 285.12 billion by 2024 at a significant CAGR of 22.5% in the upcoming period as the scope, product types, and its applications are increasing across the globe.
Smart Transportation Market Revenue Drivers, Growth Opportunities,
Supply Chain Analysis and Forecast Research Report Till 2024
The global Smart Transportation Market research report provides complete insights on industry scope,
trends, regional estimates, key application, competitive landscape and financial performance of prominent
players. It also offers ready data-driven answers to several industry-level questions. This study enables
numerous opportunities for the market players to invest in research and development.
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 implies
sustainable and efficient intermodal transport system and infrastructure that can transport high level of
performance and intelligence. 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.
Cisco System, Inc.
General Electric Company (GE)
Indra Sistema S.A.
LG CNS Corporation
“Global Smart Transportation Market is anticipated to
reach USD 285.12 billion by 2024 at a significant CAGR of
22.5% in the upcoming period as the scope, product types,
and its applications are increasing across the globe.”
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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 suc