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Smart Transportation Market Report explains different service offerings of the industry.The market involves all applications and hardware that comprise an intelligent system that monitors and controls the movement of traffic or transport. Simply, it implies toward an integrated machine-controlled environment, which can automatically track, trace, register, and navigate different modes of transport. The market offers innovative software applications to manage ticketing, parking, and traffic regulating facilities. Technological innovations in the field of electronic sensors and big data management introduces fresh services in the smart transportation market.
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Introduction of Smart Transportation Market
Smart transportation market involves all applications and hardware that comprise an
intelligent system that monitors and controls the movement of traffic or transport. Simply,
it implies toward an integrated machine-controlled environment, which can automatically
track, trace, register, and navigate different modes of transport. The market offers
innovative software applications to manage ticketing, parking, and traffic regulating
facilities. Technological innovations in the field of electronic sensors and big data
management introduces fresh services in the smart transportation market.
The initial concept of intelligent transport systems (ITS) was introduced in a set of
directives declared by the European Union (EU) in July, 2010. ITS aimed to optimize travel
routes to save time and fuel. Increase in ownership of transport mediums necessitated the
need for such automated arrangements. ITS enables individual manual functions to be
performed by machines embedded with smart sensors. Advanced communication and
computation technologies add to the list of market development factors. A quick adoption
of these services by government organizations to provide better public infrastructure
delivers further boost to the industry. The total effect of market drivers on smart
transportation systems are discussed in detail.
Read More At : https://www.alliedmarketresearch.com/smart-transportation-market
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Key Benefits
Extensive analysis of the factors that drive and limit the growth of the market are
provided
The report discusses key trends about the future of smart fuels such as bio-gas,
ethanol, hydrogen, wood-gas and solar-cell
Market estimations are done according to the current market scenario and projected
trends for the period between 2014 and 2020 with 2013 as base year
Deep dive analysis of various geographies would give an understanding of the trends
in various regions so that companies can make region specific plans
In-depth analysis of segments such as solutions and services provide insights that
would allow companies make strategic business plans
The meticulous discussion of the supply chain participants of the market is provided
in value chain analysis
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Smart Transportation Market – Market By Segment
KeyMarketSegments
By Solution
By Service
By Smart/ Green
Fuel
By Geography
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Smart Transportation Market - By Solutions
By Solutions
Ticketing Management
System
Parking Management &
Guidance System
Passenger Information System
Integrated Information System
Traffic Management System
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Smart Transportation Market - By Services
By Services
Business
Services
Professional
Services
Cloud Services
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Smart Transportation Market – By Smart / Green Fuel
By Smart / Green
Fuels
Bio - Gas
Ethanol
Hydrogen
Wood-gas
Solar-cell
Other
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Key Companies
1. Accenture Plc
2. Alstom SS
3. Cisco Systems Inc.
4. GE Transportation
5. IBM
6. Kapsch
7. LG Communications
8. Cubic Corporation
9. Affiliated Computer Services Inc.
10. Honeywell International Inc.
11. “Probably you are looking for our Executive summary”
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