Envision Report

Published February 5, 2018

North America Smart Transportation Market – Size, Outlook, Trends and Forecasts (2018 – 2024)

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Transport is the movement of an individual or goods starting with one point then to the next point by different transportation vehicles like auto, bike, bicycle, rail, and others. The term is usually taken from Latin trans means “across”, and port signifies “to carry”. Smart transportation is next generation transportation strategy that gives intelligent transport management services.

North America Smart Transportation Market Segments Size & Growth:

North America Smart Transportation Market is accounted for $XX billion in 2017 and expected to grow at a CAGR of XX% to reach $XX billion by 2024 during the forecast period 2018-2024. Major factors that are driving the market growth by an increase in urban population, government initiatives, the emergence of green fuels, and smart technologies. Though, Increase in capital expenditure hamper the growth of the North America smart transportation market.

North America Smart Transportation Market Segments Share:

North America smart transportation market is categorised into by transportation mode which consists of railways and roadways. Both rail and roadways are expected to grow at a quick pace due to increase in population. By market type, it is classified by cooperative vehicle systems, advanced transportation pricing system, advanced transportation management system, advanced public transportation system, advanced traveller information system, and advanced parking management system. Advanced parking management system is the leading market due to increase in vehicles. By the solution, it is segmented as parking management solution, smart ticketing management solution, traffic supervision solution, and passenger information solution. Smart ticketing management empowers the vehicle organisations to give better administration to their clients and reduce fund leakage and have a fair charge. Deployment and integration service is projected to have the highest growth due to the demand for upgrading the transportation facilities. Traffic management and automotive telematics are expected to have high growth owing to the rise in the number of automobiles and advancements in technology, especially in automotive industry.

By Geography, U.S. is dominating the growth of the North America smart transportation market and the growth in North America is mainly attributed because of the technological advancements in the automotive and rapid usage of smart devices. Furthermore, Mexico is witnessing the fastest growth during the forecast period, due to the rise in adoption of smart devices, increase in vehicles and investments in digitalisation of transport infrastructures.

North America Smart Transportation Market Segments Trends:

  • In January 2017, Parkopedia partnered along with Volkswagen had launched a new product “HAD Parking Maps” to provide clients more detailed data on parking spaces.
  • In May 2017, Parkmobile expands partnership with BMW to incorporate infotainment systems to new BMW cars to enable car’s GPS with nearby Parkmobile locations.

North America Smart Transportation Research Report:

An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.

To have complete market analysis, industry value chain analysis, Porter’s Five Force Analysis, PESTLE, SWOT analysis, and Y-o-Y analysis were carried to understand the market more comprehensively.

Regional and global diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year-On-Year

Identifying DROC in the current market and their impact in altering the market dynamics.

Competitive landscape analysis to identify the mergers and acquisitions which will have a comparative financial study with significant competitors.

Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.

  • Oracle Corporation
  • Cisco Systems Inc.
  • IBM Corporation
  • Intel Corporation
  • Parkmobile

Chapter 1 Introduction

1.1 Executive Summary

1.2 Market Definition

1.3 Scope of the Study

Chapter 2 Research Methodology

2.1 Secondary Research

2.2 Primary Research

2.3 Analytic Tools and Model

2.4 Economic Indicator

2.4.1 Base Year, Base Currency, Forecasting Period

2.5 Expert Validation

2.6 Study Timeline

Chapter 3 Market Analysis

3.1 Industry Value Chain Analysis

3.2Porter’s Five Force Analysis

3.2.1 Bargaining Power of Buyers

3.2.2 Bargaining Power of Suppliers

3.2.3 Threats of Substitutes

3.2.4 Threats of New Entrants

3.2.5 Industry Rivalry

3.3 PESTLE Analysis

3.3.1 Political

3.3.2 Economical

3.3.3 Social

3.3.4 Technological

3.3.5 Legal

3.3.6 Environmental

3.4 SWOT Analysis

3.4.1 Strengths

3.4.2 Weakness

3.4.3 Opportunities

3.4.4 Threats

3.5 Y-O-Y Analyses

Chapter 4 Market Dynamics

4.1. Drivers

4.1.1 Rise in Urban population

4.1.2 Government initiatives

4.1.3 Emergence of green fuels

4.1.4 Adoption of Smart technologies in transportation infrastructure

4.1.5 Demand for security and safety

4.2 Restraints

4.2.1 Increase in capital expenditure

4.2.2 Huge requirement of database for road network

4.3 Opportunities

4.3.1 Emerging from smart cities

4.3.2 Increase usage of smartphones

4.4 Challenges

4.4.1. Data security and privacy

4.4.2. Lack of proper infrastructures

Chapter 5 North America Smart Transportation Market – By Transportation Mode

5.1 Railways

5.2 Roadways

Chapter 6 North America Smart Transportation Market – By Market Type

6.1 Cooperative vehicle systems

6.2 Advanced transportation pricing systems (ATPS)

6.3 Advanced transportation management systems (ATMS)

6.4 Advanced public transportation systems (APTS)

6.5 Advanced traveler information systems (ATIS)

Chapter 7 North America Smart Transportation Market – By Solution

7.1 Parking Management Solution

7.2 Smart ticketing Management Solution

7.3 Traffic Management Solution

7.4 Integrated Supervision Solution

7.5 Passenger Information Solution

Chapter 8 North America Smart Transportation Market – By Services

8.1 Business Services

8.2 Cloud Services

8.3 Professional Service

8.4 Support & Maintenance Service

8.5 Consulting Service

8.6 Deployment and integration Service

Chapter 9 North America Smart Transportation Market – By Application

9.1 Public Transport

9.2 Traffic Management

9.3 Freight

9.4 Automotive telematics

9.5 Parking Management

9.6 Road user charging

9.7 Road safety and security

Chapter 10 North America Smart Transportation Market – By Geography

10.1 Introduction

10.2 North America

10.2.1. U.S.

10.2.2. Canada

10.2.3. Mexico

Chapter 11 North America Smart Transportation Market – Company Profiles

11.1. Parkmobile, LLC

11.2. Parkopedia

11.3. Siemens AG

11.4. Schneider Electric SE

11.5. Intel Corporation

11.6. Oracle Corporation

11.7. IBM Corporation

11.8. Hitachi, Ltd.

11.9. Cisco Systems Inc.

11.10. AGT International

11.11. Kapsch Group

11.12. Q-Free

11.13. INRIX Analytics

11.14. Thales Group

11.15. ERTICO

Chapter 12 North America Smart Transportation Market – Competitive Landscape

12.1. Market Share Analysis

12.2. Strategies Adopted by top companies

12.3. Mergers, Acquisitions, Collaborations & Agreements

Chapter 13 Market Insights

13.1. Industry Experts Insights

13.2. Analysts Opinions

13.3. Investment Opportunities

Chapter 14 Appendix

14.1 List of Tables

14.2 List of Figures

  • Competitive Analysis in marketing and strategic management is an assessment of the strengths and weaknesses of current and potential competitors.
  • Monitoring the external and internal factors which affect the market dynamics with the aid of PESTLE analysis.
  • The Regional and Global Variety is taken care of in the report.
  • Year on Year basis generation of revenue is studied.
  • Porter's Five Forces analyze the intensity of competition in an industry and its profitability level.
  • The overview and the sustainability of the market are analyzed through SWOT.
  • DROC is recognized in the current market scenario and see how its effect on market dynamics.
  • The segment-level analysis in terms of type and technology.
  • The value chain analysis, value that's created and captured by a company is the profit margin.Value
  • Created and Captured – Cost of Creating that Value = Margin
  • An executive summary consists of the whole report and the outcome is been given in the report to have brief knowledge about the report.
  • Basis on the depth of the study we approach using analytical tools
  • Expertise investment opportunities are given after analyzing the market to give the organization and the individual to have perfect knowledge about the market.


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