Smart Transportation Market Share, Size, Growth, Sales, Competitive Landscape
The smart transportation market size is projected to grow from USD 94.5 billion in 2020 to USD 156.5 billion in 2025, at a Compound Annual Growth Rate (CAGR) of 10.6% during the forecast period. The major factors driving the growth of the smart transportation market include the technological advancement to enhance customer experience, growing government initiatives and PPP models for smart transportation, rising urban population and high demographic rates, and growing adoption of IoT and automation technologies to enhance technological optimization. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=692 Major smart transportation vendors include Thales Group (France), Huawei Technologies Co., Ltd. (China), Siemens AG (Germany), IBM Corporation (US), Cisco Systems, Inc. (US), SAP (Germany), Cubic Corporation (US), Alstom (France), Bombardier Inc. (Canada), Toshiba (Japan), Harris Corporation (US), Saab AB (Sweden), Veson Nautical (Massachusetts),...