North America Smart Transportation Market Creating Many New Opportunities with Recent Growth of Modern Digital Tools


Posted February 17, 2018 by Steveblade

According to our analyst North America smart transportation market is projected to register a CAGR of 10.2% during the forecast period i.e. 2016-2024.
 
According to Goldstein Research, huge investment by technology companies and automotive OEMs in the field of Internet of Things and IoT connected cars for smart and efficient transportation system is the major factor for the growth smart transportation market in North America. North America Smart Transportation market analysis also includes product innovation, technological advancements, and acquisitions as the key competitive strategies adopted by the major players in the smart transportation market. Moreover, transponders, electronic license plates and smart cards have also enabled the implementation of high-speed toll collection, pre-clearance programs and non-stop border crossings, which is also fueling the growth of smart transportation system in North America. According to our analyst North America smart transportation market is projected to register a CAGR of 10.2% during the forecast period i.e. 2016-2024.
Market Segmentation
On the basis of our in-depth analysis, North America Smart Transportation Market can be segmented as follows:
• By Offering
o Products
 Hardware
 Software
o Services
 Installation
 Training
 Support and Maintenance
• Based on Application
o Vehicle Management
o Mobility Management
o Traffic Management
o Parking Management
o Safety Assistance
o Driver assistance
o Infotainment
• Based on Geography
o United States Smart Transportation Market
o Canada Smart Transportation Market
“North America Smart Transportation Market Outlook 2024” contains detailed overview of the North America smart transportation market. On the basis of our in-depth analysis, market can be segmented in terms of market segmentation by offerings and by applications.
Further, for the in-depth analysis, North America Smart Transportation Market Report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market report also includes competitive outlook of some of the major players profiling of companies such as Orange Business Services, Swarco Ag, Q-Free Asa, Amano Corporation, Alstom SA, T2 Systems Inc. etc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments. Overall, the report represents the North America smart transportation market trends along with market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
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About Goldstein Research
Based in the US, Goldstein Research currently has a strong presence in the American and Asian countries. In the next five years, we strive to expand our reach to 50+ nations spanning across Europe, Asia and parts of the Middle East and Africa. We strive to realize a strong brand presence globally through our quality research and forecasting solutions.
Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear cut forecasts. Our market research reports provide in-depth analysis of global and regional variations along with competitors’ overview. Our analysts working on advanced future technologies reports to help various tech-giants, tech start-ups and entry players to assess the current and upcoming business scenario. We believe in vigorous examination of the current market scenario and build around creative ideas and approaches that are most suitable to our clients’ needs and business agenda.
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[email protected]
www.goldsteinresearch.com
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Website North America Smart Transportation Market Creating Many New Opportunities with Recent Growth of Modern Digital Tools
Phone +1-646-568-7747
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Categories Technology
Tags north america smart transportation market , north america smart transportation market size , north america smart transportation market trends
Last Updated February 17, 2018