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Traffic Management is one of the major concerns of
both developed & developing country.
Traffic Management & Mobility has a Vital Role to Play
in Smart Cities.
Smart Transportation – Traffic
Management
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Smart transportation is concerned with managing the
road, rail, and air transportation modes and allied
transport infrastructure. According to a published
research findings, an average American driver spends
38 hours in traffic each year.
Management of Road, Rail & Air
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Key players in the Global Smart Transportation
Mechanism & Methodologies are Accenture, Xerox,
Alstom SA, Cisco Systems Inc., Cubic Corporation, GE
Transportation, IBM, Indra, Kapsch, LG CNS, Schneider
Electric, and Siemens.
Players Performing
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Various Aspects of Smart Transportation:
Smart transportation focuses on various estimation and
forecast. The sub-segments of smart transportation,
which are ticketing management, parking management
& guidance, passenger information, integrated
supervision, and traffic management has a decisive role
to play.
Aspects of Smart Transportation
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Segmented by Regions-:
Regions like North America (NA), Latin America (LA),
Europe, Asia-Pacific (APAC), and the Middle East and
Africa (MEA), in short every part of the world are
putting more emphasis on Smart Transportation.
Race Among Countries for
Smart Transportation
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1. North America is the largest revenue generator for
by introducing smart transportation policies &
methodologies in 2014, which is followed by Europe,
Asia Pacific (APAC), Latin America, and Middle East and
Africa (MEA).
2. The APAC countries is expected to contribute at the
highest Y-o-Y in 2018-2019 because of factors such as
emerging trade blocs, and increase in the intra-Asian,
inter-Asian trade.
Helping Economy
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3. It is expected that APAC will surpass Europe in the till
2019. So, APAC is a lucrative place for the players who
are trying to expand their businesses across the globe.
Asia Pacific Contribution
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More Information on Smart
Transportation