DUBLIN--(BUSINESS WIRE)--Sep 13, 2018--The "Smart Transportation Market by Transportation Mode, Solution, Service, Application, and Region - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.

The smart transportation market size is estimated to be USD 75.00 billion in 2018 and expected to reach USD 149.21 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 14.7% during the forecast period.

The rising urban population and high demographic rates, the growing adoption of connected and smart technologies in the transportation infrastructure, and the increasing free trade agreements. Furthermore, government initiatives for smart cities and government authorities are adopting Public Private Partnerships (PPP) working models, which is also propelling the growth of the smart transportation market.

The major factors that are expected to drive the growth of the smart transportation market include the rising urban population and high demographic rates, and adoption of connected and smart technologies in the transportation infrastructure. The smart transportation market has been demonstrating considerable growth, but recovering Return on Investment (RoI) from legacy systems, compliance with the stringent transportation regulatory policies, and lack of standardized and uniform technology may restrain the growth of the market.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview and Industry Trends

6 Smart Transportation Market, By Transportation Mode

7 Market By Roadways

8 Smart Transportation Market, By Railways

9 Smart Transportation Market, By Airways

10 Market By Maritime

11 Smart Transportation Market, By Application

12 Smart Transportation Market, By Region

13 Competitive Landscape

14 Company Profiles

ABB Group Aldridge Traffic Systems Alphabet (Google) Bluegogo Bosch Car2go Chargepoint Chariot Citi Bike Cityhop Communauto Confidex Ltd. Continental CPI Card Group Cyient Eaton Corporation Econolite Electric Car Vendors Evatran (Plugless Power) Harman International Industries Hevo Indigo Park Services Medha Servo Drives Mitsubishi Electric Corporation Predikto PTV Group Rambus TE Connectivity Teleste Corporation Tesla Uber Werma Signaltechnik GmbH Witricity Corporation Youon

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Related Topics:Telematics and Vehicle Electronics

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SOURCE: Research and Markets

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PUB: 09/13/2018 08:05 AM/DISC: 09/13/2018 08:05 AM

http://www.businesswire.com/news/home/20180913005522/en