Smart Transportation Systems: a Good Bet in Tough Times Due to Their Road Safety Management Qualities and Integrated Supervision

Transparency Market

Research

Smart Transportation Market - Global Industry Analysis,

Size, Share, Growth, Trends and Forecast 2015 - 2021

Published Date

2015-06-11

56 Page Report

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Smart Transportation Market is Expected to Reach USD 176.49

billion in 2021 : Transparency Market Research

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Smart Transportation Market

REPORT DESCRIPTION

Smart transportation uses information technology and artificial intelligence to efficiently manage and

coordinate transportation systems. The application of smart transportation network allows the travelling

population to have better knowledge of the traffic for better coordination. In addition, the use of smart

transportation also ensures safety for the drivers. The market is experiencing growth due to their

increasing demand across all geographic locations.

Browse the full Smart Transportation Market report at

http://www.transparencymarketresearch.com/smart-transportation-market.html

The global smart transportation market is expected to grow significantly during the forecast period. The

market is primarily being driven due to the rising demand for efficient transportation networks across the

globe. In addition, the growth in sale of automobiles is resulting in traffic congestion. This in return is

creating the demand for smart transportation market. Furthermore, the application of smart transportation

systems ensures safety of the drivers. The rising awareness for safety is ensuring the need for better road

safety standards which fuelling the need for smart transportation systems. Various governments such as

the UK government have shown their interest to implement smart transportation networks across their

countries. Moreover, the emerging idea of building smart cities is also creating an opportunity for the

smart...