Christchurch City Council

Insights on the Smart Transportation Global Market to 2027 - by Solution, Services, Transportation Mode, Application and Region

Retrieved on: 
Wednesday, August 17, 2022

The global smart transportation market reached a value of US$ 85 Billion in 2021.

Key Points: 
  • The global smart transportation market reached a value of US$ 85 Billion in 2021.
  • Smart transportation refers to the integrated application of the latest technologies and management strategies into existing transportation systems.
  • Key Questions Answered in This Report:
    How has the global smart transportation market performed so far and how will it perform in the coming years?
  • What is the structure of the global smart transportation market and who are the key players?

$166.7 Billion Worldwide Smart Transportation Industry to 2027 - Featuring Accenture, Alstom and Cisco Systems Among Others - ResearchAndMarkets.com

Retrieved on: 
Tuesday, August 16, 2022

Smart transportation refers to the integrated application of the latest technologies and management strategies into existing transportation systems.

Key Points: 
  • Smart transportation refers to the integrated application of the latest technologies and management strategies into existing transportation systems.
  • It includes the use of several technologies, such as car navigation, traffic signal control systems, automatic number plate recognition and speed cameras.
  • Besides this, a smart transportation network provides citizens and visitors with convenient, affordable, and reliable ways of commuting.
  • What is the structure of the global smart transportation market and who are the key players?