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The global smart transportation market is driven by factors such as the increasing government initiatives and growing demand for better safety and securities. The increasing crowded cities and the rising demand for time saving techniques will also act as drivers for the global smart transportation market. The socio economic and political factors and downtime for modernization will also hinder the growth of the market. The increasing investments in smart cities and various project opportunities across the world will serve as an opportunity, fuelling the growth of the market.
Some of the major players in the global smart transportation market are Accenture PLC, Alstom SA, IBM, Indra, Siemens, Thales, ESRI, Schneider Electric, LG CNS, INEO, Cubic Corporation, Cisco Systems Inc, Affiliated Computer Services Inc., KAPSCH, and GE Transportation.
This research report analyzes this market depending on its market segments, major geographies, and current market trends. Geographies analyzed under this research report include
- North America
- Asia Pacific
- Rest of the World
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for upcoming years
More reports on Technology & Media market: http://www.transparencymarketresearch.com/technology-market-reports-8.html
This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis.
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