Hardware Is Expected To Remain The Largest Segment In Iot In The Global Transportation Market

By Author: Lucintel LLC
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An exciting new study from the team of Lucintel found that IoT in the global transportation market is expected to reach $XX billion by 2028 with a CAGR of 19% to 21%. There are significant money making opportunities available in this market and companies planning to enter this market need to differentiate in order to maximize their return on investment.
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The IoT in the global transportation market is segmented based on component, mode of transport, application, and region In this market, hardware is expected to remain the largest component, and railways segment is expected to remain the largest mode of transport. Players can benefit from the available opportunities like the presence of key vendors, favorable government policies, and growing concern for transportation safety in the region.
Rise in need for advanced technological solutions, such as robots, drones, and self-driving vehicles, and rising spending capacities of consumers are emerging trends having impact on dynamics of the industry.
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... Alcatel-Lucent, AT&T Inc., Garmin International Inc, IBM Corp., Denso Corp., Thales Group, and General Electric are some of the major players profiled in this 150 page report.
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Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the most promising, high-growth opportunities for the IoT in the global transportation market by component (hardware, software, and services), mode of transport (roadways, railways, airways, and maritime), application (traffic congestion control systems, automotive telematics, reservation, toll and ticketing systems, security and surveillance systems, remote monitoring, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 What are the business risks and threats to the IoT in the global transportation market?
Q.4 What are some changing demands of customers in the IoT in the global transportation market?
Q.5 What are the new developments in the IoT in the global transportation market? Which companies are leading these developments?
Q.6 What strategic initiatives are being implemented by key players for business growth?
Q.7 What are some of the competitive products and processes in this IoT in the global transportation area and how big of a threat do they pose for loss of market share via product substitution?
Q.8 What M&A activity has occurred in the last 5 years in this IoT in the global transportation market?
This unique report from Lucintel will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link helpdesk@lucintel.com
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
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