Market Research Future

  Global Smart Transportation Market - Overview Rapid automation and technical advancements in automotive industry have encouraged the manufacturers to integrate smart technology in their transportation system. Moreover, with the advent of industrialization, the developing economies are observing a shift of employees from rural areas to urban areas. These factors are attributing to the growth of Smart Transportation Market altogether. Smart Transportation System Market  is estimated at USD 273 Billion by 2022. Smart-transport is a revolutionary technology. Smart transportation integrates infrastructure and vehicles with communication, control, sensing and detecting technologies to analyse the traffic in real-time thus, mitigating the risks involved in traffic safety. The adoption of smart transportation is also expected to result in reduced vehicle emissions thereby, increasing the efficiency of transportation systems. Over the past few years, countries have witnessed an increase in th

  Market Scenario: The use of information technology and artificial intelligence to effectively manage and co-ordinate the transportation refers to the Smart transportation. The smart transportation aims to provide innovative services relating to different modes of transport and traffic management. It enable various users to be better informed and make safer, more coordinated use of transport network. It can be used in various road traffic environments to follow and capture numerous vehicles at the same time in a large scene. The Global  Smart Transportation Market  is expected to grow at USD ~273 Billion by 2022, at ~24% of CAGR between 2016 and 2022. Get Sample of Report @  https://www.marketresearchfuture.com/sample_request/2467 Smart Transport Market Segmentation The Smart Transport Market has been segmented on the basis of Solution and service. On basis of Solution the Smart Transport consists of Traffic management, smart ticketing, Parking management, integrated supervision, pass