logo
logo
Sign in

Global Internet of Things (IoT) in Transportation Market

avatar
manisha kashid
Global Internet of Things (IoT) in Transportation Market

Global Internet of Things (IoT) in Transportation Market was valued at US$ 128.44 Bn in 2018 and is projected to reach US$ XX Bn by 2026 at a CAGR of XX% during a forecast period.

The report includes the analysis of the impact of COVID-19 lockdown on the revenue of market leaders, followers, and disruptors. Since the lockdown was implemented differently in various regions and countries; the impact of the same is also seen differently by regions and segments. The report has covered the current short-term and long-term impact on the market, and it would help the decision-makers to prepare the outline and strategies for companies by region.

 

To know about the Research Methodology:-Request Free Sample Report


Internet of things in transportation systems will optimize the movement of people and goods, improving economics, public safety, and the environment. Advanced transportation systems will automate our roadways, railways, and airways, transform passenger experiences, and restructure the way cargo and goods are tracked and delivered, and helps to create substantial business opportunities for system integrators.

The hardware segment accounted for the highest share in the global Internet of Things in the Transportation market. Reducing the cost of connected hardware devices, such as sensors & controllers assists the key players to increase their customer base in the global Internet of things (IoT) in transportation markets.

Growth in wireless technologies, such as Insteon, Zigbee, and Z-wave, is expected to fuel market growth. However, the software segment is expected to witness a high growth rate owing to the adoption of connected & smart technologies in transportation infrastructure and an increase in demand for integrated security & safety systems for civilizing public safety.

North America is expected to hold the largest market share and dominate the internet of things technology in the transportation market owing to its advanced technical aspects and high adoption of the Internet of things across industry verticals. However, Asia-Pacific is anticipated to witness a significant growth rate owing to the adoption of advanced technology in transportation by emerging economies, such as China and India which has rapid urbanization.

Key players operating in the market include Garmin International, Thales Group, Tom-tom N.V., Nuance Communication, Denso Corp., Alcatel-Lucent, AT&T, Inc., Verizon Communications, Sierra Wireless, Inc., IBM Corporation, Cisco Systems, Inc., General Electric, Veniam, Terbine, LimeBike, Borderless, Fybr, Concirrus, DashRoad, ParkENT, Cycles, Inrix, MotoLingo.

For more infomation of visit:https://www.maximizemarketresearch.com/market-report/internet-of-the-things-transportation-market/880/
Scope of the Global Internet of Things (IoT) in Transportation Market: Inquire before buying

Global Internet of Things (IoT) in Transportation Market by Type:

• Hardware
• Software
• Services
Global Internet of Things (IoT) in Transportation Market by Mode of Transport:

• Roadways
• Railways
• Airway
• Maritime
Global Internet of Things (IoT) in Transportation Market by Application:

• Automotive telematics
• Reservation, Toll & ticketing systems
• Security & surveillance system
• Traffic Congestion Control Systems
• Remote monitoring
Global Internet of Things (IoT) in Transportation Market by Geography:

• North America
• Europe
• Asia-Pacific
• Middle East & Africa
• Latin America
Key Players Operated in the Global Internet of Things (IoT) in Transportation Market

• Garmin International
• Thales Group
• Tom-tom N.V.
• Nuance Communication
• Denso Corp.
• Alcatel-Lucent
• AT&T, Inc.
• Verizon Communications
• Sierra Wireless, Inc.
• IBM Corporation
• Cisco Systems, Inc.
• General Electric
• Veniam
• Terbine
• LimeBike
• Borderless
• Fybr
• Concirrus
• DashRoad
• ParkENT
• Cycles
• Inrix
• MotoLingo

This Report Is Submitted By : Maximize Market Research Company
Customization of the report:
Maximize Market Research provides free personalized of reports as per your demand. This report can be personalized to meet your requirements. Get in touch with us and our sales team will guarantee provide you to get a report that suits your necessities.
About Maximize Market Research:
Maximize Market Research provides B2B and B2C research on 20,000 high growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors.

collect
0
avatar
manisha kashid
guide
Zupyak is the world’s largest content marketing community, with over 400 000 members and 3 million articles. Explore and get your content discovered.
Read more