Pune, India -- (SBWire) -- 11/15/2018 --QY Research recently announced the addition of a new research study to its comprehensive collection of research reports. The research report, titled "IoT in Intelligent Transportation System Market" offers a detailed analysis of the market, providing insights into the market dynamics that are expected to influence the overall market positively in the next few years. Furthermore, the product segmentation, drivers, barriers, key geographical segments, and the competitive scenario of the Global Market have been elaborated upon in the research report.
nternet of Things (IoT) is changing the way almost anything and everything functions. Transportation is one such area where it is set to have a far-reaching impact with intelligent transportation system (ITS). It serves to optimize the fleet management and logistics, traffic management, and driver assistance systems.
In 2017, the global IoT in Intelligent Transportation System market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2018-2025.
This report focuses on the global IoT in Intelligent Transportation System status, future forecast, growth opportunity, key market and key players. The study objectives are to present the IoT in Intelligent Transportation System development in United States, Europe and China.
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The key players covered in this study
Cisco Systems
Intel Corporation
Cubic Transportation Systems
Siemens AG
Thales Group
TomTom NV
TransCore Holdings
Verizon Telematics
Microsoft Corporation
Garmin Ltd
NEC Corporation
Watson Internet of Things (IBM)
Huawei Technologies
Hitachi Transport System
Iteris Inc.
Market segment by Type, the product can be split into
Hardware
Software
Services
Market segment by Application, split into
Roadway
Railway
Airway
Maritime
Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Central & South America
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The study objectives of this report are:
To analyze global IoT in Intelligent Transportation System status, future forecast, growth opportunity, key market and key players.
To present the IoT in Intelligent Transportation System development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.
In this study, the years considered to estimate the market size of IoT in Intelligent Transportation System are as follows:
History Year: 2013-2017
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2025
For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
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IoT in Intelligent Transportation System Market - Advancements in Technology Due to the Never Ending R&D in This Sector Makes It One of Prominent Segments in IT Industry
Global (United States, European Union and China) IoT in Intelligent Transportation System Market Size, Status and Forecast 2018-2025