The finest Latin America Smart Transportation market report describes CAGR value fluctuation during the forecast period of 2021-2028 for the market. It is the most suitable, rational, and admirable market research report provided with a devotion and comprehension of business needs. The market report also comprises drivers and restraints for the market that are obtained with the help of SWOT analysis and also show all the recent developments, product launches, joint ventures, mergers, and acquisitions by the several key players and brands with their systemic company profiles that are driving the market. Latin America Smart Transportation is the most capable market research report which has been prepared in the way anticipated.
Smart transportation market is expected to gain market growth in the forecast period of 2022 to 2029. Data Bridge Market Research analyses the market to grow at a CAGR of 10.4% in the above-mentioned forecast period.
Browse Full Report Along With Facts and Figures @ https://www.databridgemarketresearch.com/reports/latin-america-smart-transportation-market
Market Overview:
Smart transportation basically collect data and controlling the real-time conditions, to improve performance. It is equipped with applications based on Intelligent Transportation System (ITS) and is connected wirelessly with Internet of Things (IoT) vertical technology. It is used for various applications such as mobility as a service, public transport, transit hubs, route information and route guidance, connected cars, video management and others.
Latin America Smart Transportation Market Scope and Size
The Smart transportation market is segmented on the basis of solution, service, transportation and applications. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target market.
· On the basis of solution, the market is segmented into passenger information solution, traffic management solution, parking management solution, smart ticketing solution, insurance telematics solution and integrated supervision solution. The passenger information solution is sub-segmented into network connectivity and multimedia information & entertainment. The traffic management solution is sub-segmented into route guidance, toll collection & revenue management, smart signaling and predictive traffic analytics. The parking management solution is sub-segmented into ticketing and revenue management, access control, automated parking guidance and slot management.
· On the basis of service, the market is segmented into professional services and cloud services.
· On the basis of transportation, the market is segmented into roadways, railways, waterways and airways.
· On the basis of applications, the market is segmented into mobility as a service, route information and route guidance, public transport, transit hubs, connected cars, video management, others.
Some of the major players operating in the smart transportation market report are Kapsch Traffic Com AG, Thales Group, Alstom, Schneider Electric, Siemens, MSR-Traffic GmbH., Cubic Corporation, atkinsglobal, Cisco, Accenture, IBM India Pvt Ltd, LG CNS, Indigo, Toshiba Corporation, Oracle, SAP, Huawei Technologies Co., Ltd., Intel Corporation, and Panasonic Corporation among others.
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