Houston, TX -- (SBWIRE) -- 09/03/2018 -- IOT In Intelligent Transportation System Market

IOT In Intelligent Transportation System Market is expected to grow at a Compound Annual Growth Rate (CAGR) of +7.5%. The base year considered for the study is 2018 and the forecast period considered is 2018 To 2025.

IOT in Intelligent Transportation System offers the prospect of improving the customer interaction through various sources such as instant messaging systems, social networking sites, and mobile apps. Numerous applications are promoting the global IOT in intelligent transportation market. IoT in intelligent transportation system can be broadly divided into software, hardware, and services. Among them, the segment of hardware accounted for maximum share in revenue in 2016. Those include traffic management solutions, smart parking solutions, fleet management and telematics solutions, passenger entertainment, electronic toll collection, and security solutions.

Additionally, IOT in advanced transportation management system leverages Wi-Fi or Bluetooth, sensors, and data-processing technologies to tackle traffic congestion and accidents. The report on the Global IOT In Intelligent Transportation System Market is a complete overview of the market, covering various aspects product definition, segmentation based on various parameters, and the prevailing vendor landscape. It compiles in-depth information and research methodologies. It is also combined with relevant charts and tables to enable readers to get a better perspective of this global market.

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This report studies the global IOT in Intelligent Transportation System market, analyzes and researches the IOT in Intelligent Transportation System development status and forecast in United States, EU, Japan, China, India and Southeast Asia.

This report focuses on the top players in global market, like
Cisco Systems
Intel Corporation
Cubic Transportation Systems
Siemens AG
Thales Group
TomTom NV
TransCore Holdings, Inc.
Verizon Telematics
Microsoft Corporation
Garmin Ltd
NEC Corporation
Watson Internet of Things (IBM)
Huawei Technologies Co., Ltd.
Hitachi Transport System Ltd.
Iteris Inc.

The rise in adoption of IOT In Intelligent Transportation System is attributable to the increase in IOT In Intelligent Transportation System budgets in organizations, widespread social media platforms, and increased internet penetration. Growing social media and popularity of mobile advertising with increasing number of mobile devices are main drives of the global IOT In Intelligent Transportation System market. Moreover, the growing adoption of DMS by Small and Medium-sized Enterprises (SMEs) is expected to drive the market during forecast period.

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Tenaciously ascending rapid and expansive system scope requests from plenteous modern applications, for example, far off learning, independent driving, multi-client gaming and video conferencing, musical drama live gushing, telemedicine, and more noteworthy than before sureness is evaluated to fuel the worldwide IOT In Intelligent Transportation System market's development. Also, it is probably going to upgrade versatile systems execution abilities and is anticipated to have high commitment in setting up foundational framework for savvy city advancement.

Market segment by Type, IOT in Intelligent Transportation System can be split into
Hardware
Software
Services

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Market segment by Application, IOT in Intelligent Transportation System can be split into
Roadways
Railways
Airways
Maritime

Table Of Content
Global IOT In Intelligent Transportation System Market Research Report
Chapter 1IOT In Intelligent Transportation System Market Overview
Chapter 2 Global Economic Impact
Chapter 3 Competition by Manufacturer
Chapter 4 Production, Revenue (Value) by Region
Chapter 5 Supply (Production), Consumption, Export, Import by Regions
Chapter 6 Production, Revenue (Value), Price Trend by Type
Chapter 7 Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
Chapter 12 Market Forecast
Chapter 13 Appendix