DUBLIN -- (BUSINESS WIRE) -- Research and Markets (http://www.researchandmarkets.com/research/6q2356/smart) has announced the addition of the "2014 Report on the International Smart Transportation Market (Ticketing, Parking, Traffic, Smart Signalling System, Multimodal Information System, Cloud Services, Business Services) - Forecasts to 2019" report to their offering.
The market is fuelled by the advancements across the information and communication technology (ICT) industry. Companies such as IBM, LG CNS, Schneider Electric and Siemens provide new-generation solutions and services addressing modern/smart transportation needs.
Apart from the systems and solutions markets, the market for services is also observed to grow at a significant pace. Services such as business (consulting, operation, change management, transformation and people management), professional services associated, which includes maintenance, repair, replace, upgrades or operations outsourcing, and cloud services (business analytics and cloud computing) have gained major traction in this market.
The concept of smart transportation is to reduce the volume of delivery vehicles and build a superior environment, while at the same time link the modes of transport, both private and public, to improve the traffic flow. The analysis on the roadmap is provided below.
The global Smart transportation market is expected to grow at a Compound Annual Growth Rate (CAGR) of 18.3% from 2014 to 2019. Congestion, hyper-urbanisation and globalisation, need of sustainable solutions and emergence of cloud-based services are the major drivers for this market.
Key Topics Covered:
2 Executive Summary
3 Market Overview
4 Ongoing Projects
5 Market Size, And Forecast By Solutions
6 Smart Transportation: Market Size, And Forecast, By Services
7 Industry & Technology Roadmap
8 Smart Transportation: Market Size, And Forecast, By Regions
9 Competitive Landscape
10 Company Profiles
For more information visit http://www.researchandmarkets.com/research/6q2356/smart.