IoT Market in Intelligent Transportation Systems by Components (Semiconductor, Wireless, and Others), Products, Software & Services, Verticals (Road, Rail, Air, and Maritime), Solutions, Applications, and Geography - Analysis & Forecast to 2014 - 2020
[188 Pages Report] The global ITS market is expected to grow from USD 42.2 billion in 2021 to USD 68.0 billion by 2026, at a CAGR of 10.0% from 2021 to 2026. The key factors driving the growth of the ITS market include government efforts to ensure road and public safety, increased need to reduce traffic congestion, and favourable government initiatives for effective traffic management.
Increasing focus of automobile companies on designing and developing smart vehicles compatible with ITS, increasing public-private partnerships and growing number of economically and technologically advanced countries are creating opportunities for the ITS market.
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Market Dynamics of ITS Market
Driver: Favourable government initiatives for effective traffic management
Governments across the world are adopting ITS to improve road safety and operational performance of the transport system and reduce the impact of transportation on the environment. To implement ITS, substantial funds are required. Countries such as the US, Dubai, and Japan are heavily investing in different projects of ITS. For instance, in 2020, the UK government invested USD 1.9 million in three projects to trial innovative technologies and new ways to improve driving conditions, cut traffic congestion, and reduce time spent in traffic jams. Further, the government hopes that the deployment of next-generation AI-powered intelligent transport systems will provide drivers the confidence to plan their trips without the fear of being stuck in traffic. These systems reduce congestion, delays, and air pollution as well. Innovators in the UK are provided with funds of over USD 368 million to build a cleaner, greener, and sustainable transport network.
Restraint: Expensive ITS installation
For an intelligent transport setup, a sophisticated centralized traffic management center (TMC), which can deal with real-time traffic data and help reduce traffic congestion, is the basic requirement. This management center should be co-located with transportation managers, system operators, dispatchers, and response agencies, leading to the requirement for huge investments.
Further, the implementation of ITS includes CCTV cameras, microwave detectors, dynamic message signboards, advanced traveller information systems, highway advisory radios, mobile data terminals, fleet management systems, and several other systems and components. Mobile data terminals are multifunctional onboard devices that support two-way communication between a vehicle and a control center. Capital costs for mobile data terminals usually range from USD 1,000 to USD 4,000 per unit, with additional installation costs from USD 500 to USD 1,000, according to the US Department of Transportation.
Opportunity: Increasing public-private partnerships
ITS cannot be deployed by a single stakeholder; it requires collaboration among various domains, such as telecom operators, infrastructure providers, manufacturers, service providers, public sector companies, and user groups. Thus, publicprivate partnerships (PPPs) would be key to the success of ITS.
Many non-profit organizations such as ITS Canada, ITS America, ITS Thailand, ITS India, and ITS Germany sign strategic partnership agreements with different associations that work on roads and transport projects. In June 2020, Cubic Transportation Systems (CTS), a transportation business division of Cubic Corporation (US), was selected by the Yucatan state government to install advanced traffic management technologies in the city of Merida, Mexico. Cubic partnered with Vixionere SAPI de C.V. (Mexico) to deploy the Trafficware ATMS central transport management platform, controllers, and Transit Signal Priority software, which utilizes and is integrated with Cubics NextBus real-time platform, at all intersections included in the project. Cubic will also install the SynchroGreen Adaptive Signal Control module at over 50 intersections.
Challenge: Achieving interoperable and standard ITS architecture worldwide
The establishment of an ITS infrastructure involves the integration of various heterogeneous devices, which may create compatibility issues quite often. These heterogeneous devices must be synchronized according to the standards and specifications. However, a lack of universal standards in ITS infrastructure poses challenges; for instance, an electronic toll collection onboard unit does not have any display and performs only validation functions. Besides, it cannot receive or transmit any message; moreover, every country has different types of onboard unit (OBU) devices. The major problem in implementing ITS is to integrate it with information technology. The implementation and significant use of information technology is a process of interrelated steps. Any error in any of the stages during the implementation reduces the system efficiency.
In 2014, the European Commission introduced a new standard for ITS called EN 302 637 3. This standard defines the Decentralized Environmental Notification (DEN) basic service and supports road hazard warnings. DEN provides information related to a road hazard or an abnormal traffic condition, including its type and position. In the event of a mishap, an alert message is sent to nearby ITS stations via direct V2V or V2I communication to alert drivers regarding a potentially dangerous event. However, this standard is different from the US standard.
European countries, such as France, Spain, and Italy, use DSRC in the ITS, whereas countries in North America, such as the US, use GPS/GSM-based systems. DSRC cannot be included in an integrated technology platform as it would not work with other national transport systems.
These differences in the standards/protocols of different countries create a challenge in designing a centralized ITS infrastructure.
Hardware segment to account for the largest size of ITS market during the forecast period
On the basis of offering, the ITS market has been segmented into hardware, software, and services. The large share of the hardware segment is owing to the implementation of numerous heterogeneous devices, including cameras, sensors, intelligent traffic management systems, and advanced traveller information systems across the ITS infrastructure across the globe. In addition, these high-end systems are synchronized to respond in real-time; hence, these are likely to need frequent software updates, thereby increasing the operational cost.
Advanced traffic management systems application to account for the largest size of ITS market during the forecast period
On the basis of system, the ITS market is categorized into five different systemsAdvanced Traffic Management Systems (ATMS), Advanced Traveller Information Systems (ATIS), ITS-enabled Transportation Pricing Systems, Advanced Public Transportation Systems (APTS), and Commercial Vehicle Operations (CVO) Systems. The advanced traffic management systems segment is projected to account for the largest size of the ITS market from 2021 to 2026. The largest market size of advanced traffic management systems is attributed to the increasing traffic congestion on roads across the world. In addition, the easy affordability of vehicles, due to favourable schemes and discounts offered by automobile manufacturers, is also resulting in traffic congestion. To address this concern, advanced traffic management systems will be adopted at a higher rate across the world.
The major aim of ATMS is to provide traffic management solutions that enable private concessionaires, highway operators, or government authorities to take actions that ultimately result in improving the safety of road users, along with improving the traffic flow, increase transportation system efficiency, increase economic productivity, and enhance mobility.
Asia Pacific to account for the highest growth of ITS market during the forecast period
Among all regions, Asia Pacific is expected to register the highest growth in the ITS market during the forecast period. The ITS market in APAC is growing rapidly because of the demand in countries such as China, Japan, Australia, and the Rest of APAC. Various countries in APAC have started recognizing intelligent transportation systems as a solution to tackle issues such as traffic congestion, air pollution, and greenhouse gas emissions. The market in APAC has high growth potential. The demand for ITS in APAC is significantly driven by strong economic growth, rise in population, and rapid urbanization. Formulating standards is a challenge as it requires a vast knowledge of technical aspects, coordination among stakeholders, and a vision to attain different objectives by such standards.
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Key Market Players
Major players in the ITS market include Thales Group (France), Siemens (Germany), Kapsch TrafficCom (Austria), Conduent, Inc. (US), Cubic Corporation (US), and so on.
Recent Developments
- In September 2021, Siemens has signed a contract with the National Authority for Tunnels (NAT) to deliver a comprehensive rail system that will feature the first-ever high-speed, electrified main, and freight rail line transforming Egypts transportation. Siemens Mobility will provide its comprehensive turnkey services to design, install, commission, and maintain the systems for 15 years. The total contract value is approximately USD 4.5 billion, of which Siemens Mobilitys share is around USD 3 billion.
- In June 2021, Kapsch TrafficCom announced that it had received a project from Plenary Infrastructure Group (Australia) to install a new toll collection system at the Louisiana Highway (LA-1) for the Louisiana Department of Transportation and Development (LADOTD). The project is an amendment to Kapschs existing contract with Plenary, where Kapsch is providing an end-to-end all-electronic tolling system and related maintenance services for a major bridge and tunnel replacement in Belle Chasse, Louisiana.
- In May 2021, Omaha Metro Transit (US) has awarded Cubic Transportation Systems (CTS) a multi-year contract to deliver its Umo Pass solution. Umo Pass will empower Omaha Metro Transit riders to seamlessly plan and pay for transit journeys through a single fare payment system.
Frequently Asked Questions (FAQs):
What is the current size of the global ITS market?
The global ITS market is expected to grow from USD 42.2 billion in 2021 to USD 68.0 billion by 2026, at a CAGR of 10.0% from 2021 to 2026.
Who are the winners in the global ITS market?
Some of the key companies operating in the ITS market are Thales Group (France), Siemens (Germany), Kapsch TrafficCom (Austria), Conduent, Inc. (US), Cubic Corporation (US), and so on. These players have adopted various growth strategies such as product launches/developments, partnerships/contracts/ collaborations/acquisitions to expand their global presence and increase their share in the global ITS market.
What are the major drivers for the ITS market?
The key factors driving the growth of the ITS market include government efforts to ensure road and public safety, increased need to reduce traffic congestion, favourable government initiatives for effective traffic management, high adoption of eco-friendly automobile technology, and rapid development of smart cities globally, and others.
What are the growing application verticals in the ITS market?
The ITS market is led by advanced traffic management systems segment. The largest market size of advanced traffic management systems is attributed to the increasing traffic congestion on roads across the world. In addition, the easy affordability of vehicles, due to favourable schemes and discounts offered by automobile manufacturers, is also resulting in traffic congestion. To address this concern, advanced traffic management systems will be adopted at a higher rate across the world.
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Table of Contents
1 Introduction (Page No. - 16)
1.1 Objectives of the Study
1.2 Market Definition
1.3 Study Scope
1.3.1 Markets Covered
1.4 This Research Report Categorizes the IoT in Transportation Market Into the Following Segments
1.4.1 Years Considered for the Study
1.4.2 Currency and Pricing
1.5 Stakeholders
2 Research Methodology (Page No. - 20)
2.1 Market Size Estimation
2.2 Market Breakdown & Data Triangulation
2.3 Research Data
2.3.1 Secondary Data
2.3.2 Key Data Taken From Secondary Sources
2.3.3 Primary Data
2.3.4 Key Data From Primary Sources
2.4 Research Assumptions and Limitations
2.4.1 Assumptions
2.4.2 Limitations
3 Executive Summary (Page No. - 28)
4 Premium Insights (Page No. - 32)
4.1 Multiple Opportunities in the IoT in Trasnportation Market
4.2 IoT in Transportation Market, By Verticals
4.3 IoT in Transportaion Market
4.4 IoT in Transportation Market, By Solution
4.5 IoT in Transportation Market: Geographic Market Size
4.6 Life Cycle Analysis of IoT, 2014
5 Market Overview (Page No. - 36)
5.1 Introduction
5.2 Market Segmentation
5.2.1 By Component
5.2.2 By Vertical
5.2.3 By Solution
5.2.4 By Application
5.2.5 By Geography
5.3 Market Dynamics
5.3.1 Drivers
5.3.1.1 Dsrc for the V2V Communication Likely to Boost the IoT Market
5.3.1.2 Integration of Technologies Helps Develop Better Solutions in Transportation
5.3.1.3 Huge Investments in the R&D of IoT Related Software
5.3.1.4 Standardization of Ipv6 Would Increase the Ip Address Space
5.3.2 Restraints
5.3.2.1 Further Improvements are Required in Battery Related Technologies
5.3.2.2 Big Data Increases Complexity
5.3.3 Opportunities
5.3.3.1 Relaxation of Government Rules and Regulations is Creating More Opportunities
5.3.3.2 Predictive Maintenance (Pdm)
5.3.3.3 Data Centers Likely to Benefit From the Deployment of IoT in Transportation
5.3.4 Challenges
5.3.4.1 Development of Underlying Embedded Devices for IoT
5.3.4.2 Protection of Data Generated By IoT Devices
6 Industry Trends (Page No. - 49)
6.1 Introduction
6.2 Supply Chain Analysis
6.3 Value Chain Analysis
6.4 Porters Analysis
6.4.1 Bargaining Power of Suppliers
6.4.2 Bargaining Power of Buyers
6.4.3 Threat of New Entrants
6.4.4 Threat of Substitutes
6.4.5 Degree of Competition
6.5 History & Evolution
6.6 Technology Trends of IoT
6.6.1 Application Trends
6.6.1.1 Home Automation
6.6.1.2 Connected Cars
6.6.1.3 Wearable Technology
7 Market, By Component (Page No. - 62)
7.1 Introduction
7.2 Semiconductor Components
7.2.1 Sensors
7.3 Wireless/Cellular Components
8 Market By Product, Software, and Service (Page No. - 67)
8.1 Introduction
8.2 Products
8.2.1 Displays/Screens
8.2.2 Sensors
8.2.3 Connectivity Modules
8.2.4 Telematics
8.3 Software
8.4 Services
8.4.1 Oem Market
8.4.2 Aftermarket
9 Market, By Vertical (Page No. - 74)
9.1 Introduction
9.2 Roadways
9.3 Railways
9.4 Airways
9.5 Maritime
10 Transportation Solution Market (Page No. - 83)
10.1 Introduction
10.2 Traffic
10.2.1 Intelligent Signaling
10.2.2 Video Analytics
10.2.3 Route Scheduling and Guidance
10.2.4 Central Traffic Control
10.2.5 Traffic Analytics
10.2.6 Incident Detection
10.2.7 Communication Solutions
10.3 Asset
10.3.1 Monitoring Solutions
10.3.2 Performance Analytics
10.4 Ticketing
10.4.1 Open Payment System (OPS)
10.4.2 Passenger Analytics
10.5 Supervision Solutions
10.5.1 Silo Systems
10.5.2 Scada
10.6 Operation Solutions
10.6.1 Passenger Management
10.6.2 Revenue Management
10.6.3 Workforce Management
10.7 Passenger Information
10.7.1 Station/On-Board System
10.7.2 Gps Solution
10.7.3 Multimedia Solutions
10.7.4 Public Address Solutions
10.8 Maintenance
10.9 Maintenance Scheduling Solutions
10.10 Predective Analytics
10.11 Logistics and Fleet Solution
10.11.1 Freight Management
10.11.1.1 Freight Operation Management Solutions
10.11.1.2 Freight Tracking Solutions
10.11.2 Fleet Management
10.11.2.1 Fleet Planning
10.11.2.2 Damange Management
11 Market By Application (Page No. - 98)
11.1 Introduction
11.2 Telematics
11.2.1 In-Vehicle
11.2.1.1 Automatic Crash Notification
11.2.1.2 Vehicle Tracking
11.2.1.3 Fleet Management
11.2.1.3.1 Fuel Management
11.2.1.3.2 Power Management
11.2.1.4 Vehicle Relationship Management
11.2.2 Vehicle-To-Vehicle (V2V)
11.2.2.1 Safety and Security
11.2.2.2 Forward Hazard Warning
11.2.2.2.1 Curve Speed Warning
11.2.2.2.2 Overtake Vehicle Warning
11.2.3 Vehicle-To-Infrastructure
11.2.3.1 Road User Charging
11.2.3.2 Parking Management System
11.2.3.3 Dynamic Mobility
11.2.3.4 Traffic Control System
11.2.3.5 Remote Diagnostics
11.2.3.6 Usage-Based Insurance
11.3 Infotainment
11.4 Advanced Driver Assistance System (ADAS)
11.5 Market Trend Analysis of Different Applications
12 Geographic Analysis (Page No. - 106)
12.1 Introduction
12.2 the Americas
12.3 Europe
12.4 APAC
12.5 Middle East
12.6 Africa
13 Competitive Landscape (Page No. - 144)
13.1 Overview
13.2 Market Analysis
13.2.1 Elite Players of the Supply Chain
13.3 Competitive Scenario
13.3.1 New Product Launches
13.3.2 Partnerships, Agreements, and Collaborations
13.3.3 Mergers and Acquisitions
13.3.4 Expansions
13.3.5 Other Developments
14 Company Profiles (Page No. - 153)
(Overview, Products and Services, Financials, Strategy & Development)*
14.1 Introduction
14.2 Garmin International
14.3 Thales Group
14.4 Tomtom N.V.
14.5 Nuance Communication
14.6 Denso Corp.
14.7 Alcatel-Lucent
14.8 AT&T, Inc.
14.9 Verizon Communications
14.10 Sierra Wireless, Inc.
14.11 IBM Corporation
14.12 Cisco Systems, Inc.
*Details on Overview, Products and Services, Financials, Strategy & Development Might Not Be Captured in Case of Unlisted Companies.
15 Appendix (Page No. - 182)
15.1 Insights of Industry Experts
15.2 Discussion Guide
15.3 Introducing RT: Real-Time Market Intelligence
15.4 Available Customizations
15.5 Related Reports
List of Tables (93 Tables)
Table 1 Increasing Demand for V2V Communication is the Major Driving Factor for the IoT Market in Transportation
Table 2 Lesser Battery Life and Managing Big Data are Restraining the Adoption of IoT in Transportation
Table 3 Increasing Usage of Portable Electronic Devices is Acting as A Catalyst for the Growth of the IoT Market in Transportation
Table 4 Porters Five Forces Analysis With Its Weightage Impact
Table 5 IoT in Trasnportation Market, By Component, 20142020 ($Billion)
Table 6 IoT in Trasnportation Market, By Semiconductor Component, 20142020 ($Billion)
Table 7 IoT in Trasnportation Market, By Sensor, 20142020 ($Billion)
Table 8 IoT in Trasnportation Market, By Wireless/Cellular Component, 20142020 ($Billion)
Table 9 IoT in Transportation Market, By Product, Software, and Service, 20142020 ($Billion)
Table 10 IoT in Transportation Market, By Vertical, 20142020 ($Billion)
Table 11 IoT in Transportation Market:R Oad Vertical, By Solution, 20142020 ($Billion)
Table 12 IoT in Transportation Market: Road Vertical, By Region, 20142020 ($Billion)
Table 13 IoT in Transportation Market: Railways Vertical, By Soution, 20142020 ($Billion)
Table 14 IoT in Transportation Market: Railways Vertical, By Region, 20142020 ($Billion)
Table 15 IoT in Transportation Market: Airways Vertical, By Solution, 20142020 ($Billion)
Table 16 IoT in Transportation Market: Airways Vertical, By Region, 20142020 ($Billion)
Table 17 IoT in Transportation Market: Maritime Vertical, By Solution, 20142020 ($Billion)
Table 18 IoT in Transportation Market: Maritime Vertical, By Region, 20142020 ($Billion)
Table 19 IoT in Transportation Market, By Solution, 20142020
Table 20 Product Mapping of Traffic Solution
Table 21 Product Mapping of Asset Solution
Table 22 Product Mapping of Ticketing Solution
Table 23 General Scada Components and Their Functions
Table 24 Product Mapping of Supervision Solutions
Table 25 Product Mapping of Operation Solution
Table 26 Product Mapping of Passenger Information Solution
Table 27 Product Mapping of Maintenance Solution
Table 28 Product Mapping of Logistics & Fleet Solutions
Table 29 Market Trend for IoT in Transportation Services
Table 30 IoT in Transportation Market, By Region, 20142020 ($Billion)
Table 31 The Americas IoT in Transportation Market, By Vertical, 20142020 ($Billion)
Table 32 The Americas IoT in Transportation Market, By Solution, 20142020 ($Billion)
Table 33 The Americas IoT in Transportation Market, By Product, Software, and Service, 20142020 ($Billion)
Table 34 The Americas Traffic Solution Market, By Vertical, 20142020 ($Billion)
Table 35 The Americas Asset Solution Market, By Vertical, 20142020 ($Billion)
Table 36 The Americas Ticketing Solution Market, By Vertical, 20142020 ($Billion)
Table 37 The Americas Supervision Solution Market, By Vertical, 20142020 ($Billion)
Table 38 The Americas Operation Solution Market, By Vertical, 20142020 ($Billion)
Table 39 The Americas Passenger Information Solution Market, By Vertical, 20142020 ($Billion)
Table 40 The Americas Maintenance Solution Market, By Vertical, 20142020 ($Billion)
Table 41 The Americas Logistics/Fleet Solution Market, By Vertical, 20142020 ($Billion)
Table 42 The European IoT in Transportation Market, By Vertical, 20142020 ($Billion)
Table 43 The European IoT in Transportation Market, By Solution, 20142020 ($Billion)
Table 44 European IoT in Transportation Market, By Product, Software, and Service, 20142020 ($Billion)
Table 45 European Traffic Solution Market, By Vertical, 20142020 ($Billion)
Table 46 European Asset Solution Market, By Vertical, 20142020 ($Billion)
Table 47 European Ticketing Solution Market, By Vertical, 20142020 ($Billion)
Table 48 European Supervision Solution Market, By Vertical, 20142020 ($Billion)
Table 49 European Operation Solution Market, By Vertical, 20142020 ($Billion)
Table 50 European Passenger Information Solution Market, By Vertical, 20142020 ($Billion)
Table 51 European Maintenance Solution Market, By Vertical, 20142020 ($Billion)
Table 52 European Logistics/Fleet Solution Market, By Vertical, 20142020 ($Billion)
Table 53 APAC IoT in Transportation Market, By Vertical, 20142020 ($Billion)
Table 54 APAC IoT in Transportation Market, By Solution, 20142020 ($Billion)
Table 55 APAC IoT in Transportation Market, By Product, Software, and Service, 20142020 ($Billion)
Table 56 APAC Traffic Solution Market, By Vertical, 20142020 ($Billion)
Table 57 APAC Asset Solution Market, By Vertical, 20142020 ($Billion)
Table 58 APAC Ticketing Solution Market, By Vertical, 20142020 ($Billion)
Table 59 APAC Supervision Solution Market, By Vertical, 20142020 ($Billion)
Table 60 APAC Operation Solution Market, By Vertical, 20142020 ($Billion)
Table 61 APAC Passenger Information Solution Market, By Vertical, 20142020 ($Billion)
Table 62 APAC Maintenance Solution Market, By Vertical, 20142020 ($Billion)
Table 63 APAC Logistics/Fleet Solution Market, By Vertical, 20142020 ($Billion)
Table 64 The Middle Eastern IoT in Transportation Market, By Vertical, 20142020 ($Billion)
Table 65 The Middle Eastern IoT in Transportation Market, By Solution, 20142020 ($Billion)
Table 66 The Middle Eastern IoT in Transportation Market, By Product, Software, and Service, 20142020 ($Billion)
Table 67 The Middle Eastern Traffic Solution Market, By Vertical, 20142020 ($Billion)
Table 68 The Middle Eastern Asset Solution Market, By Vertical, 20142020 ($Billion)
Table 69 Middle Eastern Ticketing Solution Market, By Vertical, 20142020 ($Billion)
Table 70 The Middle Eastern Supervision Solution Market, By Vertical, 20142020 ($Billion)
Table 71 The Middle Eastern Operations Solution Market, By Vertical, 20142020 ($Billion)
Table 72 The Middle Eastern Passenger Information Solution Market, By Vertical, 20142020 ($Billion)
Table 73 The Middle Eastern Maintenance Solution Market, By Vertical, 20142020 ($Billion)
Table 74 The Middle Eastern Logistics/Fleet Solution Market, By Vertical, 20142020 ($Billion)
Table 75 The African IoT in Transportation Market, By Vertical, 20142020 ($Billion)
Table 76 The African IoT in Transportation Market, By Solution, 20142020 ($Billion)
Table 77 The African IoT in Transportation Market, By Product, Software, and Service, 20142020 ($Billion)
Table 78 The African Traffic Solution Market, By Vertical, 20142020 ($Billion)
Table 79 African Asset Solution Market, By Vertical, 20142020 ($Billion)
Table 80 African Ticketing Solution Market, By Vertical, 20142020 ($Billion)
Table 81 African Supervision Solution Market, By Vertical, 20142020 ($Billion)
Table 82 The African Operation Solution Market, By Vertical, 20142020 ($Billion)
Table 83 African Passenger Information Solution Market, By Vertical, 20142020 ($Billion)
Table 84 African Maintenance Solution Market, By Vertical, 20142020 ($Billion)
Table 85 The African Logistics/Fleet Solution Market, By Vertical, 20142020 ($Billion)
Table 86 IoT in Trasnportation: Major Network Providers, 2014
Table 87 IoT in Trasnportation Platform Providers, 2014
Table 88 The Top Five Players in the IoT Ecosystem, 2014
Table 89 New Product Launches,
Table 90 Most Significant Partnerships, Agreements, and Collaborations in the IoT in Transportation Market,
Table 91 Recent Mergers and Acquisitions of the IoT in Transportation Market
Table 92 Recent Expansions of the IoT in Transportation Market
Table 93 Other Recent Developments in the IoT in Transportation Market
List of Figures (69 Figures)
Figure 1 IoT in Transportation Market, By Solution
Figure 2 IoT in Transportation: Research Design
Figure 3 Market Size Estimation Methodology: Bottom-Up Approach
Figure 4 Market Size Estimation Methodology: Top-Down Approach
Figure 5 Breakdown of Primary Interviews: By Company Type, Designation, and Region
Figure 6 Market Breakdown and Data Triangulation
Figure 7 Assumptions of the Research Study
Figure 8 Limitations of the Research Study
Figure 9 The Implementation of IoT on Road Held the Largest Share in the IoT Market in Transportation Market in 2014
Figure 10 The Asset Tracking Solution is Expected to Be the Fastest-Growing Segment During the Forecast Period
Figure 11 APAC is Expected to Be One Ofthe Fastest-Growing Regions in the IoT in Transportation Market
Figure 12 The IoT in Trasnportation Market is Expected to Grow at A CAGR of 8.95% From 2014 to 2020
Figure 13 Roadways Would Account for the Maximum Share in the IoT in Transportation Market During the Forecast Period
Figure 14 The Americas Was the Leader Among All the Verticals in 2014
Figure 15 The Traffic Solution is Expected to Continue to Dominate the IoT in Transportation Market in 2014
Figure 16 APAC is Expected to Grow at A Higher Rate Than the Americas and Europe During the Forecast Period
Figure 17 Life Cycle Analysis of IoT With Respect to Applications
Figure 18 Segmentation of the IoT Market in Transportation
Figure 19 Market Segmentation: By Component
Figure 20 Market Segmentation: By Vertical
Figure 21 Market Segmentation: By Solution
Figure 22 Market Segmentation: By Application
Figure 23 Market Segmentation: By Geography
Figure 24 Major Parameters Impacting the IoT Market in Transportation
Figure 25 Functional Blocks of the IoT in Transportation Market
Figure 26 Supply Chain Analysis: Major Value is Added During the Raw Material Supply and Original Equipment Manufacturing Phase
Figure 27 Value Chain Analysis of IoT
Figure 28 Porters Five Forces Analysis
Figure 29 Due to the Large Number of Existing Players and New Entrants, the Degree of Competition is Expected to Remain High From 2015 to 2020
Figure 30 The Technology Factors Associated With the IoT Industry are Highly Impacting the Suppliers Power
Figure 31 The Availability of Customized Solutions is the Major Factor for the Buyers Bargaining Power
Figure 32 The Higher Market Growth Rate is Expected to Attract New Entrants
Figure 33 Legislative Regulations is the Key Factor Giving Strength to the Substitutes Market
Figure 34 New Product Launches and Innovations Have Led to A High Degree of Competition for the IoT in Transportation Market
Figure 35 History & Evolution of IoT
Figure 36 IoT in Trasnportation Market, By Component (2014-2020)
Figure 37 Intelligent Tracking and Monitoring Would Help to Boost the Growth of the Industry:
Figure 38 IoT in Traffic Management
Figure 39 The Supervision Solution System
Figure 40 Value Process of Supervision Management Using Scada
Figure 41 Operation Management Process
Figure 42 Value Chain of Operation Management
Figure 43 Passenger Management Process
Figure 44 Revenue Management Process
Figure 45 Workforce Management Process
Figure 46 Value Chain of Passenger Information
Figure 47 Maintenance Solution Classification
Figure 48 Geographic Snapshot (2014)
Figure 49 The Americas IoT in Transportation Market Snapshot
Figure 50 European IoT in Transportation Market Snapshot
Figure 51 APAC IoT in Transportation Market Snapshot
Figure 52 The Middle Eastern IoT in Transportation Market Snapshot
Figure 53 The African IoT in Transportation Market Snapshot
Figure 54 Companies Adopted Product Innovation as the Key Growth Strategy From 2012 to 2014
Figure 55 Intel Corp. Emerged as the Fastest-Growing Company From 2009 to 2013
Figure 56 Battle for Market Share: New Product Launches is the Key Strategy
Figure 57 Geographic Revenue Mix of the Top Market Players
Figure 58 Garmin International: Company Snapshot
Figure 59 Thales Group: Company Snapshot
Figure 60 Thales Group: SWOT Analysis
Figure 61 Tomtom N.V.: Company Snapshot
Figure 62 Nuance Communication: Company Snapshot
Figure 63 Denso Corp: Company Snapshot
Figure 64 Alcatel-Lucent: Company Snapshot
Figure 65 AT&T, Inc.: Company Snapshot
Figure 66 Verizon Communications: Company Snapshot
Figure 67 Sierra Wireless Inc.: Company Snapshot
Figure 68 IBM Corporation: Company Snapshot
Figure 69 Cisco Systems, Inc.: Company Snapshot
Growth opportunities and latent adjacency in IoT Market