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(IT-NEWSWIRE.COM, May 18, 2019 ) Global Internet of Things (IoT) in Transportation Market was valued US$ 110.40 Bn in 2017 and is projected to reach US$ 370.40 Bn by 2026 at a CAGR of 16.34 % during a forecast period.
Internet of Things in Transportation Systems will optimize the movement of people and goods, improving economics, public safety, and the environment. Advanced transportation systems will automate our roadways, railways, and airways, transform passenger experiences, and restructure the way cargo and goods are tracked and delivered, and helps to create substantial business opportunities for system integrators.
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Hardware segment accounted for the highest share in the global Internet of Things in the Transportation market. Reducing the cost of connected hardware devices, such as sensors & controllers are assist to key players to increase their customer base in the global Internet of things (IoT) in transportation markets.
Growth in wireless technologies, such as Insteon, Zigbee, and Z-wave, is expected to fuel market growth. However, software segment is expected to witness a high growth rate owing to the adoption of connected & smart technologies in transportation infrastructure and an increase in demand for integrated security & safety systems for civilizing public safety.
North America is expected to hold the largest market share and dominate the internet of things technology in transportation market owing to its advanced technical aspects and high adoption of Internet of things across industry verticals. However, Asia-Pacific is anticipated to witness significant growth rate owing to the adoption of the advanced technology in transportation by emerging economies, such as China and India which has rapid urbanization.
Brief about Internet of Things (IoT) in Transportation Market Report with TOC@ http://www.arcognizance.com/report/global-internet-of-things-iot-in-transportation-market
Key Players Operated in Market Include:
Garmin International,
Thales Group,
Tom-tom N.V.,
Nuance Communication,
Denso Corp.,
Alcatel-Lucent,
AT&T, Inc.,
Verizon Communications,
Sierra Wireless, Inc.,
IBM Corporation,
Cisco Systems, Inc.,
General Electric,
Veniam,
Terbine,
LimeBike,
Borderless,
Fybr,
Concirrus,
DashRoad,
ParkENT,
Cycles,
Inrix,
MotoLingo
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Scope of Global Internet of Things  (IoT) in Transportation Market:
Global Internet of Things  (IoT) in Transportation Market by Type:
Hardware
Software
Services
Global Internet of Things (IoT) in Transportation Market by Mode of Transport:
Roadways
Railways
Airway
Maritime
Global Internet of Things (IoT) in Transportation Market by Application:
Automotive telematics
Reservation, Toll & ticketing systems
Security & surveillance system
Traffic Congestion Control Systems
Remote monitoring
Global Internet of Things (IoT) in Transportation Market by Geography:
North America
Europe
Asia-Pacific
Middle East & Africa
Latin America
Key players operated in market includes:
Garmin International
Thales Group
Tom-tom N.V.
Nuance Communication
Denso Corp.
Alcatel-Lucent
AT&T, Inc.
Verizon Communications
Sierra Wireless, Inc.
IBM Corporation
Cisco Systems, Inc.
General Electric
Veniam
Terbine
LimeBike
Borderless
Fybr
Concirrus
DashRoad
ParkENT
Cycles
Inrix
MotoLingo
Major Point from TOC:
Chapter One: Preface
Chapter Two: Assumptions and Research Methodology
Chapter Three: Executive Summary: Global Internet of Things (IoT) in Transportation Market, by Market Value (US$ Bn)
Chapter Four: Market Overview
Chapter Five: Supply Side and Demand Side Indicators
Chapter Six: Global Internet of Things (IoT) in Transportation Market Analysis and Forecast
Chapter Seven: Global Internet of Things (IoT) in Transportation Market Analysis and Forecast, by Type
Chapter Eight: Global Internet of Things (IoT) in Transportation Market Analysis and Forecast, by Application
Chapter Nine: Global Internet of Things (IoT) in Transportation Market Analysis, by Region
Chapter Ten: North America Internet of Things (IoT) in Transportation Market Analysis
Chapter Eleven: Europe Internet of Things (IoT) in Transportation Market Analysis
Chapter Twelve: Asia Pacific Internet of Things (IoT) in Transportation Market Analysis
Chapter Thirteen: Middle East & Africa Internet of Things (IoT) in Transportation Market Analysis
Chapter Fourteen: South America Internet of Things (IoT) in Transportation Market Analysis
Chapter Fifteen: Company Profiles
Chapter Sixteen: Primary Key Insights
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