Analysts’ Viewpoint on Smart Transportation Market Scenario
The increasing need of efficient transportation network is driving the smart transportation market. There are lucrative opportunities for players operating in the smart transportation market due to rising need of road safety and traffic congestion issues in major economies. Increasing population, rapid urbanization, and globalization are factors expected to contribute to the market growth in the upcoming years. Market stakeholders are extending their product portfolio to gain a competitive edge after COVID-19 outbreak. However, market contributors should focus on overcoming challenges in the global market by strategic approach. High installation costs is a major factor affecting the growth of the global smart transportation market.
The global smart transportation market is negatively affected by coronavirus breakdown. The rapidly spreading COVID-19 cases across the globe have had a huge impact on global economy. Many developed nations has imposed strict lockdowns, restriction on travel, etc. Transportation services have been closed across the globe during the pandemic, resulting in adverse effect on revenue growth of smart transportation market. Market players are adopting innovating strategies to increase growth opportunities in the global smart transportation market. The growing demand for proper traffic management system and improved transportation infrastructure facilities for safety of passengers are driving the global market growth amid coronavirus pandemic.
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There is an increasing need of road safety and controlling traffic congestion and collisions in rapidly growing economies. The smart transportation systems are equipped with various information and communication technologies. Smart technologies such as fiber optics, global positioning system (GPS), and Internet of Things (IoT), etc. are increasingly adopted by market players and consumers across the globe. These technologies ensure the connectivity of roads in remote locations through real-time navigations. This helps in preventing traffic congestions and collisions. Risk of collisions can be minimized with the help of intelligent traffic control systems. These highly advanced systems collect live traffic data, and divert the traffic in less congestive areas.
Smart transportation system has been implemented in various emerging economies due to their tremendous benefits. Rapidly developing smart cities projects in various countries across the globe is driving the smart transportation market. The increasing investment by government in smart transportation system in North America is responsible for the rapid expansion of the market in the region, creating potential revenue benefits for the market players.
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Railways segment is expected to witness high adoption rate of smart transportation system. Globalization and urbanization are the key factors driving the demand for smart railway software. Due to rapidly increasing rail accidents in major economies, market players are implementing smart sensors technologies in railways in order to gain operational efficiency, safety, and reliability. These facilities facilitate easy detection of defects in railway tracks, bearings, and wheels. Smart transportation system uses information technology and artificial intelligence to manage transportation network efficiently. The rapidly rising adoption of such services are driving the global market. The smart transportation network allows the travelers to have better knowledge about the highly congested areas to reduce the risk of road accidents and to have better coordination among transport networks. The smart transportation system also ensures safety for the drivers.
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Digitalization, technological advancement, and rising adoption of cloud services in transportation are some of the major factors of the smart transportation market growth. Cloud services segment is account for the largest market share in the services segment of the global smart transportation market. Cloud services are becoming increasing popular across various organizations due absence of physical devices. The rising applications of cloud services ensure easy accessibility of data from remote locations. Cloud services are helpful in efficient management of traffic.
Growing awareness about traffic congestion and increasing need of safe, reliable, and efficient transportation services are driving the global market. The market is primarily being driven due to increasing demand for smart networks. Asia Pacific is the fastest growing region due to the presence of major economies such as China, Japan, and India. This market in Rest of the World is expected to maintain steady growth due of the developing regions as the application of smart transportation involves high initial investment.
Attribute | Detail |
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Market Revenue in 2020 | US$ 47.91 Bn |
Market Revenue in 2031 | US$ 400.77 Bn |
Growth Rate (CAGR) | 21.3% (Year to Year) |
Forecast Period | 2021-2031 |
Quantitative Units | US$ Bn for Revenue and Million Units for Volume |
Research Scope | The report covers regional and global smart transportation market revenue and volume along with key factors influencing the market |
Report Coverage | Executive Summary, Market Overview, Global Market, Regional Market, and Competition Landscape |
Format | Electronic (PDF) |
Regions Covered |
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Countries Covered |
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Market Segmentation |
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Companies Profiled |
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Customization Scope | Available upon Request |
Pricing | Available upon Request |
Smart Transportation Market – Segmentation
This report on the smart transportation market provides information on the basis of solution, service, application, transportation mode, and region.
Attribute | Detail |
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Solution |
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Service |
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Application |
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Transportation Mode |
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Region |
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This study also discusses the underlying trends and impact of various factors that are driving the smart transportation market along with their influence on the evolution of the market
This study also offers Porter’s Five Point Analysis, value chain analysis, regulatory scenario, and a SWOT analysis of the smart transportation market, in order to elaborate the crucial growth tactics and opportunities for market players contributing to the market.
Smart Transportation Market is projected to reach US$ 400.77 Bn by the end of 2031
Smart Transportation Market is expected to grow at a CAGR of 21.30% during 2021-2031
Smart Transportation Market is studied from 2021-2031
Key vendors in the Smart Transportation Market are General Electric Company, IBM Corporation Inc., WS Atkins, Cisco Systems, Accenture PLC, Cubic Corporation, Thales Group, Siemens AG, Huawei Technologies Co., Ltd., Bombardier Inc., Harris Corporation, TomTom International BV., Amadeus IT Group SA, Hitachi Ltd., Bentley Systems and others
Europe region Takes Lead in the Smart Transportation Market
1. Executive Summary: Global Smart Transportation Market
1.1. Global Smart Transportation Market Value (US$ Mn), 2017-2031
2. Market Overview
2.1. Introduction
2.2. Market Dynamics
2.2.1. Drivers
2.2.2. Restraints
2.2.3. Opportunity
2.3. Market Factor Analysis
2.3.1. Porter’s Five Force Analysis
2.3.2. Value Chain Analysis
2.3.2.1. List of Key Manufacturers
2.3.2.2. List of Customers
2.3.2.3. Level of Integration
2.3.3. SWOT Analysis
2.4. Regulatory Scenario
2.5. Key Industry Development
2.6. Key Industry Trends
2.7. COVID-19 Impact Analysis
3. Global Smart Transportation Market Analysis and Forecast, by Solution
3.1. Definition
3.2. Market Snapshot
3.3. Global Smart Transportation Market Value (US$ Mn) Forecast, by Solution, 2017-2031
3.3.1. Ticketing Management System
3.3.2. Parking Management System
3.3.3. Integrated Supervisory System
3.3.4. Traffic Management System
4. Global Smart Transportation Market Analysis and Forecast, by Services
4.1. Definition
4.2. Market Snapshot
4.3. Global Smart Transportation Market Value (US$ Mn) Forecast, by Services, 2017-2031
4.3.1. Cloud Services
4.3.2. Business Services
4.3.3. Professional Services
5. Global Smart Transportation Market Analysis and Forecast, by Application
5.1. Definition
5.2. Market Snapshot
5.3. Global Smart Transportation Market Value (US$ Mn) Forecast, by Application, 2017-2031
5.3.1. Mobility as a Service
5.3.2. Route Information and Route Guidance
5.3.3. Public Transport
5.3.4. Transit Hubs
5.3.5. Connected Cars
5.3.6. Video Management
5.3.7. Others
6. Global Smart Transportation Market Analysis and Forecast, by Transportation Mode
6.1. Definition
6.2. Market Snapshot
6.3. Global Smart Transportation Market Value (US$ Mn) Forecast, by Transportation Mode, 2017-2031
6.3.1. Roadways
6.3.2. Railways
6.3.3. Airways
6.3.4. Maritime
7. Global Smart Transportation Market Analysis and Forecast, by Region
7.1. Market Snapshot
7.2. Global Smart Transportation Market Value (US$ Mn) Forecast, by Region, 2017-2031
7.2.1. North America
7.2.2. Europe
7.2.3. Asia Pacific
7.2.4. Middle East & Africa
7.2.5. South America
8. North America Smart Transportation Market Value (US$ Mn) Forecast, 2017-2031
8.1. Market Snapshot
8.2. North America Smart Transportation Market Value (US$ Mn) Forecast, by Solution
8.2.1. Ticketing Management System
8.2.2. Parking Management System
8.2.3. Integrated Supervisory System
8.2.4. Traffic Management System
8.3. North America Smart Transportation Market Value (US$ Mn) Forecast, by Services
8.3.1. Cloud Services
8.3.2. Business Services
8.3.3. Professional Services
8.4. North America Smart Transportation Market Value (US$ Mn) Forecast, by Application
8.4.1. Mobility as a Service
8.4.2. Route Information and Route Guidance
8.4.3. Public Transport
8.4.4. Transit Hubs
8.4.5. Connected Cars
8.4.6. Video Management
8.4.7. Others
8.5. North America Smart Transportation Market Value (US$ Mn) Forecast, by Transportation Mode
8.5.1. Roadways
8.5.2. Railways
8.5.3. Airways
8.5.4. Maritime
8.6. North America Smart Transportation Market Value (US$ Mn) Forecast, by Country
8.6.1. U.S.
8.6.2. Canada
8.6.3. Mexico
9. Europe Smart Transportation Market Value (US$ Mn) Forecast, 2017-2031
9.1. Market Snapshot
9.2. Europe Smart Transportation Market Value (US$ Mn) Forecast, by Solution
9.2.1. Ticketing Management System
9.2.2. Parking Management System
9.2.3. Integrated Supervisory System
9.2.4. Traffic Management System
9.3. Europe Smart Transportation Market Value (US$ Mn) Forecast, by Services
9.3.1. Cloud Services
9.3.2. Business Services
9.3.3. Professional Services
9.4. Europe Smart Transportation Market Value (US$ Mn) Forecast, by Application
9.4.1. Mobility as a Service
9.4.2. Route Information and Route Guidance
9.4.3. Public Transport
9.4.4. Transit Hubs
9.4.5. Connected Cars
9.4.6. Video Management
9.4.7. Others
9.5. Europe Smart Transportation Market Value (US$ Mn) Forecast, by Transportation Mode
9.5.1. Roadways
9.5.2. Railways
9.5.3. Airways
9.5.4. Maritime
9.6. Europe Smart Transportation Market Value (US$ Mn) Forecast, by Country and Sub-region
9.6.1. Germany
9.6.2. U.K.
9.6.3. France
9.6.4. Italy
9.6.5. Spain
9.6.6. Nordic Countries
9.6.7. Russia & CIS
9.6.8. Rest of Europe
10. Asia Pacific Smart Transportation Market Value (US$ Mn) Forecast, 2017-2031
10.1. Market Snapshot
10.2. Asia Pacific Smart Transportation Market Value (US$ Mn) Forecast, by Solution
10.2.1. Ticketing Management System
10.2.2. Parking Management System
10.2.3. Integrated Supervisory System
10.2.4. Traffic Management System
10.3. Asia Pacific Smart Transportation Market Value (US$ Mn) Forecast, by Services
10.3.1. Cloud Services
10.3.2. Business Services
10.3.3. Professional Services
10.4. Asia Pacific Smart Transportation Market Value (US$ Mn) Forecast, by Application
10.4.1. Mobility as a Service
10.4.2. Route Information and Route Guidance
10.4.3. Public Transport
10.4.4. Transit Hubs
10.4.5. Connected Cars
10.4.6. Video Management
10.4.7. Others
10.5. Asia Pacific Smart Transportation Market Value (US$ Mn) Forecast, by Transportation Mode
10.5.1. Roadways
10.5.2. Railways
10.5.3. Airways
10.5.4. Maritime
10.6. Asia Pacific Smart Transportation Market Value (US$ Mn) Forecast, by Country and Sub-region
10.6.1. China
10.6.2. India
10.6.3. Japan
10.6.4. South Korea
10.6.5. ASEAN
10.6.6. ANZ
10.6.7. Rest of Asia Pacific
11. Middle East & Africa Smart Transportation Market Value (US$ Mn) Forecast, 2017-2031
11.1. Market Snapshot
11.2. Middle East & Africa Smart Transportation Market Value (US$ Mn) Forecast, by Solution
11.2.1. Ticketing Management System
11.2.2. Parking Management System
11.2.3. Integrated Supervisory System
11.2.4. Traffic Management System
11.3. Middle East & Africa Smart Transportation Market Value (US$ Mn) Forecast, by Services
11.3.1. Cloud Services
11.3.2. Business Services
11.3.3. Professional Services
11.4. Middle East & Africa Smart Transportation Market Value (US$ Mn) Forecast, by Application
11.4.1. Mobility as a Service
11.4.2. Route Information and Route Guidance
11.4.3. Public Transport
11.4.4. Transit Hubs
11.4.5. Connected Cars
11.4.6. Video Management
11.4.7. Others
11.5. Middle East & Africa Smart Transportation Market Value (US$ Mn) Forecast, by Transportation Mode
11.5.1. Roadways
11.5.2. Railways
11.5.3. Airways
11.5.4. Maritime
11.6. Middle East & Africa Smart Transportation Market Value (US$ Mn) Forecast, by Country and Sub-region
11.6.1. GCC
11.6.2. Turkey
11.6.3. South Africa
11.6.4. Rest of Middle East & Africa
12. South America Smart Transportation Market Value (US$ Mn) Forecast, 2017-2031
12.1. Market Snapshot
12.2. South America Smart Transportation Market Value (US$ Mn) Forecast, by Solution
12.2.1. Ticketing Management System
12.2.2. Parking Management System
12.2.3. Integrated Supervisory System
12.2.4. Traffic Management System
12.3. South America Smart Transportation Market Value (US$ Mn) Forecast, by Services
12.3.1. Cloud Services
12.3.2. Business Services
12.3.3. Professional Services
12.4. South America Smart Transportation Market Value (US$ Mn) Forecast, by Application
12.4.1. Mobility as a Service
12.4.2. Route Information and Route Guidance
12.4.3. Public Transport
12.4.4. Transit Hubs
12.4.5. Connected Cars
12.4.6. Video Management
12.4.7. Others
12.5. South America Smart Transportation Market Value (US$ Mn) Forecast, by Transportation Mode
12.5.1. Roadways
12.5.2. Railways
12.5.3. Airways
12.5.4. Maritime
12.6. South America Smart Transportation Market Value (US$ Mn) Forecast, by Country and Sub-region
12.6.1. Brazil
12.6.2. Argentina
12.6.3. Rest of South America
13. Competition Landscape
13.1. Market Analysis By Company (2020)
13.2. Market Player – Competition Matrix (By Tier and Size of companies)
13.3. Key Market Players (Details – Overview, Recent Developments, Strategy)
13.3.1. General Electric Company
13.3.1.1. Overview
13.3.1.2. Recent Developments
13.3.1.3. Strategy
13.3.2. IBM Corporation Inc.
13.3.2.1. Overview
13.3.2.2. Recent Developments
13.3.2.3. Strategy
13.3.3. WS Atkins
13.3.3.1. Overview
13.3.3.2. Recent Developments
13.3.3.3. Strategy
13.3.4. Cisco Systems
13.3.4.1. Overview
13.3.4.2. Recent Developments
13.3.4.3. Strategy
13.3.5. Accenture PLC
13.3.5.1. Overview
13.3.5.2. Recent Developments
13.3.5.3. Strategy
13.3.6. Cubic Corporation
13.3.6.1. Overview
13.3.6.2. Recent Developments
13.3.6.3. Strategy
13.3.7. Thales Group
13.3.7.1. Overview
13.3.7.2. Recent Developments
13.3.7.3. Strategy
13.3.8. Siemens AG
13.3.8.1. Overview
13.3.8.2. Recent Developments
13.3.8.3. Strategy
13.3.9. Huawei Technologies Co., Ltd.
13.3.9.1. Overview
13.3.9.2. Recent Developments
13.3.9.3. Strategy
13.3.10. Bombardier Inc.
13.3.10.1. Overview
13.3.10.2. Recent Developments
13.3.10.3. Strategy
13.3.11. Harris Corporation
13.3.11.1. Overview
13.3.11.2. Recent Developments
13.3.11.3. Strategy
13.3.12. TomTom International BV.
13.3.12.1. Overview
13.3.12.2. Recent Developments
13.3.12.3. Strategy
13.3.13. Amadeus IT Group SA
13.3.13.1. Overview
13.3.13.2. Recent Developments
13.3.13.3. Strategy
13.3.14. Hitachi Ltd.
13.3.14.1. Overview
13.3.14.2. Recent Developments
13.3.14.3. Strategy
13.3.15. Bentley Systems
13.3.15.1. Overview
13.3.15.2. Recent Developments
13.3.15.3. Strategy
13.3.16. Others
List of Tables
Table 1: Global Smart Transportation Market Value (US$ Mn) Forecast, by Solution, 2017-2031
Table 2: Global Smart Transportation Market Value (US$ Mn) Forecast, by Services, 2017-2031
Table 3: Global Smart Transportation Market Value (US$ Mn) Forecast, by Application, 2017-2031
Table 4: Global Smart Transportation Market Value (US$ Mn) Forecast, by Transportation Mode, 2017-2031
Table 5: Global Smart Transportation Market Value (US$ Mn) Forecast, by Region, 2017-2031
Table 6: North America Smart Transportation Market Value (US$ Mn) Forecast, by Solution, 2017-2031
Table 7: North America Smart Transportation Market Value (US$ Mn) Forecast, by Services, 2017-2031
Table 8: North America Smart Transportation Market Value (US$ Mn) Forecast, by Application, 2017-2031
Table 9: North America Smart Transportation Market Value (US$ Mn) Forecast, by Transportation Mode, 2017-2031
Table 10: North America Smart Transportation Market Value (US$ Mn) Forecast, by Country, 2017-2031
Table 11: Europe Smart Transportation Market Value (US$ Mn) Forecast, by Solution, 2017-2031
Table 12: Europe Smart Transportation Market Value (US$ Mn) Forecast, by Services, 2017-2031
Table 13: Europe Smart Transportation Market Value (US$ Mn) Forecast, by Application, 2017-2031
Table 14: Europe Smart Transportation Market Value (US$ Mn) Forecast, by Transportation Mode, 2017-2031
Table 15: Europe Smart Transportation Market Value (US$ Mn) Forecast, by Country and Sub-region, 2017-2031
Table 16: Asia Pacific Smart Transportation Market Value (US$ Mn) Forecast, by Solution, 2017-2031
Table 17: Asia Pacific Smart Transportation Market Value (US$ Mn) Forecast, by Services, 2017-2031
Table 18: Asia Pacific Smart Transportation Market Value (US$ Mn) Forecast, by Application, 2017-2031
Table 19: Asia Pacific Smart Transportation Market Value (US$ Mn) Forecast, by Transportation Mode, 2017-2031
Table 20: Asia Pacific Smart Transportation Market Value (US$ Mn) Forecast, by Country and Sub-region, 2017-2031
Table 21: Middle East & Africa Smart Transportation Market Value (US$ Mn) Forecast, by Solution, 2017-2031
Table 22: Middle East & Africa Smart Transportation Market Value (US$ Mn) Forecast, by Services, 2017-2031
Table 23: Middle East & Africa Smart Transportation Market Value (US$ Mn) Forecast, by Application, 2017-2031
Table 24: Middle East & Africa Smart Transportation Market Value (US$ Mn) Forecast, by Transportation Mode, 2017-2031
Table 25: Middle East & Africa Smart Transportation Market Value (US$ Mn) Forecast, by Country and Sub-region, 2017-2031
Table 26: South America Smart Transportation Market Value (US$ Mn) Forecast, by Solution, 2017-2031
Table 27: South America Smart Transportation Market Value (US$ Mn) Forecast, by Services, 2017-2031
Table 28: South America Smart Transportation Market Value (US$ Mn) Forecast, by Application, 2017-2031
Table 29: South America Smart Transportation Market Value (US$ Mn) Forecast, by Transportation Mode, 2017-2031
Table 30: South America Smart Transportation Market Value (US$ Mn) Forecast, by Country and Sub-region, 2017-2031
List of Figures
Figure 1: Global Smart Transportation Market Value (US$ Mn) Projection, by Solution, 2017-2031
Figure 2: Global Smart Transportation Market, US$ Mn, Incremental Opportunity, by Solution, 2021-2031
Figure 3: Global Smart Transportation Market Value (US$ Mn) Projection, by Services, 2017-2031
Figure 4: Global Smart Transportation Market, US$ Mn, Incremental Opportunity, by Services, 2021-2031
Figure 5: Global Smart Transportation Market Value (US$ Mn) Projection, by Application, 2017-2031
Figure 6: Global Smart Transportation Market, US$ Mn, Incremental Opportunity, by Application, 2021-2031
Figure 7: Global Smart Transportation Market Value (US$ Mn) Projection, by Transportation Mode, 2017-2031
Figure 8: Global Smart Transportation Market, US$ Mn, Incremental Opportunity, by Transportation Mode, 2021-2031
Figure 9: Global Smart Transportation Market Value (US$ Mn) Projection by Region, 2017-2031
Figure 10: Global Smart Transportation Market, US$ Mn, Incremental Opportunity, by Region, 2021-2031
Figure 11: North America Smart Transportation Market Value (US$ Mn) Projection, by Solution, 2017-2031
Figure 12: North America Smart Transportation Market, US$ Mn, Incremental Opportunity, by Solution, 2021-2031
Figure 13: North America Smart Transportation Market Value (US$ Mn) Projection, by Services, 2017-2031
Figure 14: North America Smart Transportation Market, US$ Mn, Incremental Opportunity, by Services, 2021-2031
Figure 15: North America Smart Transportation Market Value (US$ Mn) Projection, by Application, 2017-2031
Figure 16: North America Smart Transportation Market, US$ Mn, Incremental Opportunity, by Application, 2021-2031
Figure 17: North America Smart Transportation Market Value (US$ Mn) Projection, by Transportation Mode, 2017-2031
Figure 18: North America Smart Transportation Market, US$ Mn, Incremental Opportunity, by Transportation Mode, 2021-2031
Figure 19: North America Smart Transportation Market Value (US$ Mn) Projection by Country, 2017-2031
Figure 20: North America Smart Transportation Market, US$ Mn, Incremental Opportunity, by Country, 2021-2031
Figure 21: Europe Smart Transportation Market Value (US$ Mn) Projection, by Solution, 2017-2031
Figure 22: Europe Smart Transportation Market, US$ Mn, Incremental Opportunity, by Solution, 2021-2031
Figure 23: Europe Smart Transportation Market Value (US$ Mn) Projection, by Services, 2017-2031
Figure 24: Europe Smart Transportation Market, US$ Mn, Incremental Opportunity, by Services, 2021-2031
Figure 25: Europe Smart Transportation Market Value (US$ Mn) Projection, by Application, 2017-2031
Figure 26: Europe Smart Transportation Market, US$ Mn, Incremental Opportunity, by Application, 2021-2031
Figure 27: Europe Smart Transportation Market Value (US$ Mn) Projection, by Transportation Mode, 2017-2031
Figure 28: Europe Smart Transportation Market, US$ Mn, Incremental Opportunity, by Transportation Mode, 2021-2031
Figure 29: Europe Smart Transportation Market Value (US$ Mn) Projection by Country and Sub-region, 2017-2031
Figure 30: Europe Smart Transportation Market, US$ Mn, Incremental Opportunity, by Country and Sub-region 2021-2031
Figure 31: Asia Pacific Smart Transportation Market Value (US$ Mn) Projection, by Solution, 2017-2031
Figure 32: Asia Pacific Smart Transportation Market, US$ Mn, Incremental Opportunity, by Solution, 2021-2031
Figure 33: Asia Pacific Smart Transportation Market Value (US$ Mn) Projection, by Services, 2017-2031
Figure 34: Asia Pacific Smart Transportation Market, US$ Mn, Incremental Opportunity, by Services, 2021-2031
Figure 35: Asia Pacific Smart Transportation Market Value (US$ Mn) Projection, by Application, 2017-2031
Figure 36: Asia Pacific Smart Transportation Market, US$ Mn, Incremental Opportunity, by Application, 2021-2031
Figure 37: Asia Pacific Smart Transportation Market Value (US$ Mn) Projection, by Transportation Mode, 2017-2031
Figure 38: Asia Pacific Smart Transportation Market, US$ Mn, Incremental Opportunity, by Transportation Mode, 2021-2031
Figure 39: Asia Pacific Smart Transportation Market, US$ Mn, Incremental Opportunity, by Country and Sub-region 2021-2031
Figure 40: Middle East & Africa Smart Transportation Market Value (US$ Mn) Projection, by Solution, 2017-2031
Figure 41: Middle East & Africa Smart Transportation Market, US$ Mn, Incremental Opportunity, by Solution, 2021-2031
Figure 42: Middle East & Africa Smart Transportation Market Value (US$ Mn) Projection, by Services, 2017-2031
Figure 43: Middle East & Africa Smart Transportation Market, US$ Mn, Incremental Opportunity, by Services, 2021-2031
Figure 44: Middle East & Africa Smart Transportation Market Value (US$ Mn) Projection, by Application, 2017-2031
Figure 45: Middle East & Africa Smart Transportation Market, US$ Mn, Incremental Opportunity, by Application, 2021-2031
Figure 46: Middle East & Africa Smart Transportation Market Value (US$ Mn) Projection, by Transportation Mode, 2017-2031
Figure 47: Middle East & Africa Smart Transportation Market, US$ Mn, Incremental Opportunity, by Transportation Mode, 2021-2031
Figure 48: Middle East & Africa Smart Transportation Market Value (US$ Mn) Projection by Country and Sub-region, 2017-2031
Figure 49: Middle East & Africa Smart Transportation Market, US$ Mn, Incremental Opportunity, by Country and Sub-region, 2021-2031
Figure 50: South America Smart Transportation Market Value (US$ Mn) Projection, by Solution, 2017-2031
Figure 51: South America Smart Transportation Market, US$ Mn, Incremental Opportunity, by Solution, 2021-2031
Figure 52: South America Smart Transportation Market Value (US$ Mn) Projection, by Services, 2017-2031
Figure 53: South America Smart Transportation Market, US$ Mn, Incremental Opportunity, by Services, 2021-2031
Figure 54: South America Smart Transportation Market Value (US$ Mn) Projection, by Application, 2017-2031
Figure 55: South America Smart Transportation Market, US$ Mn, Incremental Opportunity, by Application, 2021-2031
Figure 56: South America Smart Transportation Market Value (US$ Mn) Projection, by Transportation Mode, 2017-2031
Figure 57: South America Smart Transportation Market, US$ Mn, Incremental Opportunity, by Transportation Mode, 2021-2031
Figure 58: South America Smart Transportation Market Value (US$ Mn) Projection by Country and Sub-region, 2017-2031
Figure 59: South America Smart Transportation Market, US$ Mn, Incremental Opportunity, by Country and Sub-region, 2021-2031