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(USGovernment-News.Com, December 07, 2017 ) Smart transportation or intelligent transportation system (ITS) is an innovative transportation structure that aims to provide new services for traffic and transport management systems. Smart transportation enables several users to be more organized, and make safer and smarter use of transport networks. This system is applicable in parking management & guidance, passenger information, and traffic management. The increasing adoption of smart technologies in the transportation infrastructure and also the demand of integrated security and safety system for improving public safety will drive the smart transportation market in future.
The "Global Smart transportation Market Analysis to 2025" is a specialized and in-depth study of the smart transportation industry with a focus on the global market trend. The report aims to provide an overview of global smart transportation market with detailed market segmentation by system, services and geography. The global smart transportation market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading market players and offers key trends and opportunities in the market.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global smart transportation market based on system and services. It also provides market size and forecast till 2025 for overall smart transportation market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM). The market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 15 counties globally along with current trend and opportunities prevailing in the region.
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