Internet of Things (IoT) in Transportation Market size was valued at US$ 265.21 Bn. in 2021 and the total revenue is expected to grow at 14.4 % through 2022 to 2029, reaching nearly US$ 778.04 Bn.
Internet of Things (IoT) in Transportation Market Overview:
The competitive landscape of the Internet of Things (IoT) in Transportation Market includes information about competitors. The contents include a corporate overview, financials, revenue generated, market potential, investment in research and development, new market efforts, geographical presence, firm strengths and weaknesses, product introduction, and application dominance. The preceding data points are solely relevant to the businesses' focus on the Internet of Things (IoT) in Transportation market.
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Internet of Things (IoT) in Transportation Market Scope:
This Internet of Things (IoT) in Transportation market report discusses new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized market players, opportunities in terms of emerging revenue streams, changes in market regulations, strategic market growth analysis, market size, segmented market growth, application niches, and dominance, product approvals, product launches, geographic expansion For more information on the Internet of Things (IoT) in Transportation market, please contact Maximize Market Research for an Analyst Brief; our experts will assist you in making an informed market choice to achieve market growth.
Internet of Things (IoT) in Transportation Market Segmentation:
by Component
• Hardware
• Software
• Services
The Internet of Things (IoT) market for transportation is divided into three sub-segments based on the component: hardware, software, and services. 62% of the market was accounted for by the software sector in 2021. because there is a growing demand for integrated security and safety systems to boost public safety, as well as an increase in the use of connected and smart technologies in transportation infrastructure.
by Mode of Transport
• Roadways
• Railways
• Airway
• Maritime
The Internet of Things (IoT) market for transportation is further divided into four submarkets based on the mode of transportation: roads, railroads, airways, and maritime. In 2021, the Railways segment had the most market share, at %. Predictive maintenance, capacity optimisation, punctual travel services, and timetable management are the driving forces behind the adoption of IoT technologies in railway systems. Train network operators in industrialised areas of the world are making significant investments in the creation of analytics systems. Currently, cloud-based technologies are common. For instance, Network Rail and Deloitte collaborated to employ railway signalling systems in the UK to obtain a public performance metric (PPM) of 92.5%. However, connecting while riding a train is difficult for a variety of reasons. The network signal is greatly reduced as a result of train's metal body. Additionally, the use of numerous users limits the network's capacity and tunnels block signals.
by Application
• Automotive telematics
• Reservation, Toll & ticketing Systems
• Security & Surveillance System
• Traffic Congestion Control Systems
• Remote Monitoring
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Internet of Things (IoT) in Transportation Market Key Players: The following are the key players of the Internet of Things (IoT) in Transportation market-
• Garmin International
• Thales Group
• Tom-tom N.V.
• Nuance Communication
• Denso Corp.
• Alcatel-Lucent
• AT&T, Inc.
• Verizon Communications
• Sierra Wireless, Inc.
• IBM Corporation
• Veniam
• Terbine
• LimeBike
• Borderless
• Fybr
• Concirrus
• DashRoad
• ParkENT
• Inrix
• MotoLingo
• Chariot
• Flashparking
• G.E. Transportation
• Maersk
• Miami International Airport
• Next Trucking
• Shippabo
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Table of content for the E-commerce Logistics Market includes:
- Global Internet of Things (IoT) in Transportation Market: Research Methodology
- Global Internet of Things (IoT) in Transportation Market: Executive Summary
- Market Overview and Definitions
- Introduction to Global Internet of Things (IoT) in Transportation Market
- Summary
- Key Findings
- Recommendations for Investors
- Recommendations for Market Leaders
- Recommendations for New Market Entry
- Global Internet of Things (IoT) in Transportation Market: Competitive Analysis
- MMR Competition Matrix
- Market Structure by region
- Competitive Benchmarking of Key Players
- Consolidation in the Market
- M&A by region
- Key Developments by Companies
- Market Drivers
- Market Restraints
- Market Opportunities
- Market Challenges
- Market Dynamics
- PORTERS Five Forces Analysis
- PESTLE
- Regulatory Landscape by region
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- South America
- COVID-19 Impact
- Global Internet of Things (IoT) in Transportation Market Segmentation
- Global Internet of Things (IoT) in Transportation Market, by Component (2021-2029)
- Global Internet of Things (IoT) in Transportation Market, by Mode of Transport (2021-2029)
- Global Internet of Things (IoT) in Transportation Market, by Application (2021-2029)
- Regional Internet of Things (IoT) in Transportation Market(2021-2029)
- Regional Internet of Things (IoT) in Transportation Market, by Component (2021-2029)
- Regional Internet of Things (IoT) in Transportation Market, by Mode of Transport (2021-2029)
- Regional Internet of Things (IoT) in Transportation Market, by Application (2021-2029)
- Company Profile: Key players
- Company Overview
- Financial Overview
- Global Presence
- Capacity Portfolio
- Business Strategy
- Recent Developments
Internet of Things (IoT) in Transportation Market Regional Analysis:
The geographical section of the research also includes individual market influencing variables and changes in market regulations that effect current and future market trends. Data points such as downstream and upstream value chain analysis, technology trends, porter's five forces analysis, and case studies are only a few of the indicators used to forecast market scenarios for various countries.
COVID-19 Impact Analysis on Internet of Things (IoT) in Transportation Market: The research also addresses the impact of COVID-19 on the Internet of Things (IoT) in Transportation market. The basic purpose of this study is to help the user understand the market in terms of definition, segmentation, market potential, noteworthy trends, and the issues that the industry is facing across key regions. The study provides micro and macroeconomic analysis of the total impact of COVID-19 on the Internet of Things (IoT) in Transportation Market. The specific analysis focuses on market share and size, which clearly demonstrates the influence that the pandemic has had and will have on the worldwide Internet of Things (IoT) in Transportation Market in the next years.
Key Questions Answered in the Internet of Things (IoT) in Transportation Market Report are:
- What will be the CAGR of the Internet of Things (IoT) in Transportation market during the forecast period (2021-2027)?
- Which segment emerged as the leading segment in the Internet of Things (IoT) in Transportation market?
- Which are the prominent players in the Internet of Things (IoT) in Transportation market?
- What key trends are likely to emerge in the Internet of Things (IoT) in Transportation market in the forecast period?
- What will be the Internet of Things (IoT) in Transportation market size by 2027?
- Which company held the largest share in the Internet of Things (IoT) in Transportation market in 2020?
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