IoT in Transportation Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

Coverage: IoT in Transportation Market covers analysis By Type (Hardware, Software, Services); Mode of Transport (Roadways, Railways, Airways, Maritime); Application (Traffic Congestion Control Systems, Automotive Telematics, Reservation/Toll and Ticketing Systems, Security and Surveillance Systems, Remote Monitoring, Others) , and Geography (North America, Europe, Asia Pacific, and South and Central America)

  • Report Code : TIPRE00016463
  • Category : Technology, Media and Telecommunications
  • Status : Upcoming
  • No. of Pages : 150
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MARKET INTRODUCTION

The rising adoption of IoT across transportation sector globally has led to the incorporation of various tools along with associated services which ease the transport management through traffic congestion control system; reservation; automotive telematics; toll & ticketing systems; remote monitoring; security and surveillance system; and others. Thus, creating lucrative opportunities for the IoT in Transportation market in the forecast period. .

MARKET DYNAMICS

The extended connectivity and enhanced internet penetration is driving the growth of the IoT in Transportation market. However, high costs associated with the implementation of this system across enterprises may restrain the growth of the IoT in Transportation market. Furthermore, rise in demand for technological upgrade in the transportation sector is anticipated to create market opportunities for the IoT in Transportation market during the forecast period.

MARKET SCOPE

The "Global IoT in Transportation market Analysis to 2031" is a specialized and in-depth study of the IoT in Transportation market with a special focus on the global market trend analysis. The report aims to provide an overview of IoT in Transportation market with detailed market segmentation by type, mode of transport, application, and geography. The global IoT in Transportation market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading IoT in Transportation market players and offers key trends and opportunities in the IoT in Transportation market.

MARKET SEGMENTATION

The global IoT in Transportation market is segmented on the basis of type, mode of transport, and application. Based on type the market is fragmented into hardware, software, and services. Based on mode of transport the IoT in transportation market is segmented into roadways, railways, airways, and maritime. Similarly, on the basis of application the market is fragmented into traffic congestion control system, automotive telematics, reservation/toll and ticketing systems, security and surveillance system, remote monitoring, and others.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global IoT in Transportation market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The IoT in Transportation market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report analyzes factors affecting IoT in Transportation market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the IoT in Transportation market in these regions.

IoT in Transportation Market Report Analysis

IoT in Transportation Market
  • CAGR
    CAGR (2023 - 2031)
    XX%
  • Market Size 2023
    US$ XX Million
  • Market Size 2031
    US$ XX Million

Report Coverage

  • Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
  • Key future trends
  • Detailed PEST/Porter’s Five Forces and SWOT analysis
  • Industry landscape and competition analysis & recent developments
  • Detailed company profiles
  • Global and regional market analysis covering key market trends, major players, regulations, and recent market developments

Key Players

  • Alcatel-Lucent
  • ATandT Inc.
  • Cisco Systems, Inc.
  • Denso Corporation
  • Garmin International Inc.
  • General Electric
  • IBM Corporation
  • Thales Group
  • TomTom N.V.

Regional Overview

Regional Overview
  • North America
  • Europe
  • Asia-Pacific
  • South and Central America
  • Middle East and Africa

Market Segmentation

Market Segment By Type
  • Hardware
  • Software
  • Services
Market Segment By Mode of Transport
  • Roadways
  • Railways
  • Airways
  • Maritime
Market Segment By Application
  • Traffic Congestion Control Systems
  • Automotive Telematics
  • Reservation/Toll and Ticketing Systems
  • Security and Surveillance Systems
  • Remote Monitoring
MARKET PLAYERS

The reports cover key developments in the IoT in Transportation market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from IoT in Transportation market are anticipated to lucrative growth opportunities in the future with the rising demand for IoT in Transportation market. Below mentioned is the list of few companies engaged in the IoT in Transportation market.

The report also includes the profiles of key IoT in Transportation market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.

- Alcatel-Lucent
- AT&T Inc.
- Cisco Systems, Inc.
- Denso Corporation
- Garmin International Inc.
- General Electric Company
- IBM Corporation
- Thales Group
- TomTom N.V.
- Verizon Communications Inc.

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

IoT in Transportation Market Report Scope

Report Attribute Details
Market size in 2023 US$ XX Million
Market Size by 2031 US$ XX Million
Global CAGR (2023 - 2031) XX%
Historical Data 2021-2022
Forecast period 2024-2031
Segments Covered By Type
  • Hardware
  • Software
  • Services
By Mode of Transport
  • Roadways
  • Railways
  • Airways
  • Maritime
By Application
  • Traffic Congestion Control Systems
  • Automotive Telematics
  • Reservation/Toll and Ticketing Systems
  • Security and Surveillance Systems
  • Remote Monitoring
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • Alcatel-Lucent
  • ATandT Inc.
  • Cisco Systems, Inc.
  • Denso Corporation
  • Garmin International Inc.
  • General Electric
  • IBM Corporation
  • Thales Group
  • TomTom N.V.
    • Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
    • PEST and SWOT Analysis
    • Market Size Value / Volume - Global, Regional, Country
    • Industry and Competitive Landscape
    • Excel Dataset
    Report Coverage

    Report Coverage

    Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

    Segment Covered

    Segment Covered

    This text is related
    to segments covered.

    Regional Scope

    Regional Scope

    North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

    Country Scope

    Country Scope

    This text is related
    to country scope.

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    The List of Companies

    1.Alcatel-Lucent
    2.ATandT Inc.
    3.Cisco Systems, Inc.
    4.Denso Corporation
    5.Garmin International Inc.
    6.General Electric
    7.IBM Corporation
    8.Thales Group
    9.TomTom N.V.
    10.Verizon Communications Inc.