HOME Top Market Reports IoT Market in Intelligent Transportation Systems by Components (Semiconductor, Wireless, and Others), Products, Software & Services, Verticals (Road, Rail, Air, and Maritime), Solutions, Applications, and Geography - Analysis & Forecast to 2014 - 2020

IoT Market in Intelligent Transportation Systems by Components (Semiconductor, Wireless, and Others), Products, Software & Services, Verticals (Road, Rail, Air, and Maritime), Solutions, Applications, and Geography - Analysis & Forecast to 2014 - 2020

By: marketsandmarkets.com
Publishing Date: April 2015
Report Code: SE 3311

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IOT is increasingly demanding more evolved devices from the semiconductor industry, with long lasting battery technologies, low power consumption, and the ability to accurately process and store data at lower costs. The report segments IoT in transportation into six different segments such as component, products & software services, verticals, solutions, application, and geography. The IoT market in intelligent transportation systems is expected to reach $143.93 billion by 2020 at an estimated CAGR of 8.95% from 2014 to 2020. Africa is the leading region in the overall market, followed by Asia-Pacific (APAC) and the Middle East.

The report entails the market analysis and forecasts related to the IoT market in intelligent transportation systems by component, product and software service, solution, and application & geography. It also highlights various IoT in transportation solutions such as traffic, asset, ticketing, supervision, operations, passenger information, and maintenance.

The report deals with all the driving factors, restraints, and opportunities for the IoT market in intelligent transportation systems, which is helpful in identifying the trends and key success factors for IoT as a whole. It also profiles the major companies that are active in the field of developing and manufacturing IoT in transportation related products, strategies, financial details, developments, and competitive landscape. It also highlights the winning imperatives and burning issues pertaining to the IoT in transportation sector.

The market is segmented into five major geographic regions, namely North America, Europe, APAC, Middle East, and Africa. The current and future trends for each region have been analyzed in this report. Porter’s five force model analysis, the market shares of the major players, and the competitive landscape are also included in the report.

Scope of the report

This research report categorizes the IoT market in intelligent transportation systems based on components, products & software services, verticals, solutions, and applications & geography; it also covers the estimated market size of the global market.

On the basis of components

The global IoT market in intelligent transportation systems can be classified into semiconductor and wireless components. The semiconductors components can further be segmented into microcontroller (MCU), digital signal processing (DSP), field programmable gate array (FFGA), memory protection unit (MPU), application specific standard product (AASP), and application specific integrated circuit (ASIC).

On the basis products, software, and services

The IoT market in intelligent transportation systems, by product type, is classified into the product, software, and service segments. The automotive industry is witnessing a new wave of technological revolution, which accelerates the idea of connected cars. Providing Internet accessibility in cars is imminent as consumers require an array of real-time services, such as on-demand infotainment and traffic navigation, along with safety and security features.

On the basis of verticals

The report divides the IoT market in intelligent transportation systems into roads, railways, airways, and maritime. Airways and maritime are the fastest-growing verticals. The newly developed airports are well-equipped with the latest technologies and safety measurements.

On the basis of solutions

The report covers solutions, including traffic, asset, ticketing, supervision, operations, passenger information, and maintenance. The asset tracking solution and maintenance solution are expected to grow the fastest in this segment.

On the basis of geography

The report covers regions including Europe, APAC, Middle East, and Africa for the IoT market in intelligent transportation systems. A complete quantitative analysis of all the regions has been covered in the report.

Table of Contents

1 Introduction (Page No. - 16)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Study Scope
           1.3.1 Markets Covered
    1.4 This Research Report Categorizes the IoT in Transportation Market Into the Following Segments
           1.4.1 Years Considered for the Study
           1.4.2 Currency and Pricing
    1.5 Stakeholders

2 Research Methodology (Page No. - 20)
    2.1 Market Size Estimation
    2.2 Market Breakdown & Data Triangulation
    2.3 Research Data
           2.3.1 Secondary Data
           2.3.2 Key Data Taken From Secondary Sources
           2.3.3 Primary Data
           2.3.4 Key Data From Primary Sources
    2.4 Research Assumptions and Limitations
           2.4.1 Assumptions
           2.4.2 Limitations

3 Executive Summary (Page No. - 28)

4 Premium Insights (Page No. - 32)
    4.1 Multiple Opportunities in the IoT in Trasnportation Market
    4.2 IoT in Transportation Market, By Verticals
    4.3 IoT in Transportaion Market
    4.4 IoT in Transportation Market, By Solution
    4.5 IoT in Transportation Market: Geographic Market Size
    4.6 Life Cycle Analysis of IoT, 2014

5 Market Overview (Page No. - 36)
    5.1 Introduction
    5.2 Market Segmentation
           5.2.1 By Component
           5.2.2 By Vertical
           5.2.3 By Solution
           5.2.4 By Application
           5.2.5 By Geography
    5.3 Market Dynamics
           5.3.1 Drivers
                    5.3.1.1 Dsrc for the V2V Communication Likely to Boost the IoT Market
                    5.3.1.2 Integration of Technologies Helps Develop Better Solutions in Transportation
                    5.3.1.3 Huge Investments in the R&D of IoT Related Software
                    5.3.1.4 Standardization of Ipv6 Would Increase the Ip Address Space
           5.3.2 Restraints
                    5.3.2.1 Further Improvements are Required in Battery Related Technologies
                    5.3.2.2 Big Data Increases Complexity
           5.3.3 Opportunities
                    5.3.3.1 Relaxation of Government Rules and Regulations is Creating More Opportunities
                    5.3.3.2 Predictive Maintenance (Pdm)
                    5.3.3.3 Data Centers Likely to Benefit From the Deployment of IoT in Transportation
           5.3.4 Challenges
                    5.3.4.1 Development of Underlying  Embedded Devices for IoT
                    5.3.4.2 Protection of Data Generated By IoT Devices

6 Industry Trends (Page No. - 49)
    6.1 Introduction
    6.2 Supply Chain Analysis
    6.3 Value Chain Analysis
    6.4 Porters Analysis
           6.4.1 Bargaining Power of Suppliers
           6.4.2 Bargaining Power of Buyers
           6.4.3 Threat of New Entrants
           6.4.4 Threat of Substitutes
           6.4.5 Degree of Competition
    6.5 History & Evolution
    6.6 Technology Trends of IoT
           6.6.1 Application Trends
                    6.6.1.1 Home Automation
                    6.6.1.2 Connected Cars
                    6.6.1.3 Wearable Technology

7 Market, By Component (Page No. - 62)
    7.1 Introduction
    7.2 Semiconductor Components
           7.2.1 Sensors
    7.3 Wireless/Cellular Components

8 Market By Product, Software, and Service (Page No. - 67)
    8.1 Introduction
    8.2 Products
           8.2.1 Displays/Screens
           8.2.2 Sensors
           8.2.3 Connectivity Modules
           8.2.4 Telematics
    8.3 Software
    8.4 Services
           8.4.1 Oem Market
           8.4.2 Aftermarket

9 Market, By Vertical (Page No. - 74)
    9.1 Introduction
    9.2 Roadways
    9.3 Railways
    9.4 Airways
    9.5 Maritime

10 Transportation Solution Market (Page No. - 83)
     10.1 Introduction
     10.2 Traffic
             10.2.1 Intelligent Signaling
             10.2.2 Video Analytics
             10.2.3 Route Scheduling and Guidance
             10.2.4 Central Traffic Control
             10.2.5 Traffic Analytics
             10.2.6 Incident Detection
             10.2.7 Communication Solutions
     10.3 Asset
             10.3.1 Monitoring Solutions
             10.3.2 Performance Analytics
     10.4 Ticketing
             10.4.1 Open Payment System (OPS)
             10.4.2 Passenger Analytics
     10.5 Supervision Solutions
             10.5.1 Silo Systems
             10.5.2 Scada
     10.6 Operation Solutions
             10.6.1 Passenger Management
             10.6.2 Revenue Management
             10.6.3 Workforce Management
     10.7 Passenger Information
             10.7.1 Station/On-Board System
             10.7.2 Gps Solution
             10.7.3 Multimedia Solutions
             10.7.4 Public Address Solutions
     10.8 Maintenance
     10.9 Maintenance Scheduling Solutions
     10.10 Predective Analytics
     10.11 Logistics and Fleet Solution
             10.11.1 Freight Management
                        10.11.1.1 Freight Operation Management Solutions
                        10.11.1.2 Freight Tracking Solutions
             10.11.2 Fleet Management
                        10.11.2.1 Fleet Planning
                        10.11.2.2 Damange Management

11 Market By Application (Page No. - 98)
     11.1 Introduction
     11.2 Telematics
             11.2.1 In-Vehicle
                        11.2.1.1 Automatic Crash Notification
                        11.2.1.2 Vehicle Tracking
                        11.2.1.3 Fleet Management
                                     11.2.1.3.1 Fuel Management
                                     11.2.1.3.2 Power Management
                        11.2.1.4 Vehicle Relationship Management
             11.2.2 Vehicle-To-Vehicle (V2V)
                        11.2.2.1 Safety and Security
                        11.2.2.2 Forward Hazard Warning
                                     11.2.2.2.1 Curve Speed Warning
                                     11.2.2.2.2 Overtake Vehicle Warning
             11.2.3 Vehicle-To-Infrastructure
                        11.2.3.1 Road User Charging
                        11.2.3.2 Parking Management System
                        11.2.3.3 Dynamic Mobility
                        11.2.3.4 Traffic Control System
                        11.2.3.5 Remote Diagnostics
                        11.2.3.6 Usage-Based Insurance
     11.3 Infotainment
     11.4 Advanced Driver Assistance System (ADAS)
     11.5 Market Trend Analysis of Different Applications

12 Geographic Analysis (Page No. - 106)
     12.1 Introduction
     12.2 the Americas
     12.3 Europe
     12.4 APAC
     12.5 Middle East
     12.6 Africa

13 Competitive Landscape (Page No. - 144)
     13.1 Overview
     13.2 Market Analysis
             13.2.1 Elite Players of the Supply Chain
     13.3 Competitive Scenario
             13.3.1 New Product Launches
             13.3.2 Partnerships, Agreements, and Collaborations
             13.3.3 Mergers and Acquisitions
             13.3.4 Expansions
             13.3.5 Other Developments

14 Company Profiles (Page No. - 153)
(Overview, Products and Services, Financials, Strategy & Development)*
     14.1 Introduction
     14.2 Garmin International
     14.3 Thales Group
     14.4 Tomtom N.V.
     14.5 Nuance Communication
     14.6 Denso Corp.
     14.7 Alcatel-Lucent
     14.8 AT&T, Inc.
     14.9 Verizon Communications
     14.10 Sierra Wireless, Inc.
     14.11 IBM Corporation
     14.12 Cisco Systems, Inc.

*Details on Overview, Products and Services, Financials, Strategy & Development Might Not Be Captured in Case of Unlisted Companies.

15 Appendix (Page No. - 182)
     15.1 Insights of Industry Experts
     15.2 Discussion Guide
     15.3 Introducing RT: Real-Time Market Intelligence
     15.4 Available Customizations
     15.5 Related Reports


List of Tables (93 Tables)

Table 1 Increasing Demand for V2V Communication is the Major Driving Factor for the IoT Market in Transportation
Table 2 Lesser Battery Life and Managing Big Data are Restraining the Adoption of IoT in Transportation
Table 3 Increasing Usage of Portable Electronic Devices is Acting as A Catalyst for the Growth of the IoT Market in Transportation
Table 4 Porter’s Five Forces Analysis With Its Weightage Impact
Table 5 IoT in Trasnportation Market, By Component, 2014–2020 ($Billion)
Table 6 IoT in Trasnportation Market, By Semiconductor Component, 2014–2020 ($Billion)
Table 7 IoT in Trasnportation Market, By Sensor, 2014–2020 ($Billion)
Table 8 IoT in Trasnportation Market, By Wireless/Cellular Component, 2014–2020 ($Billion)
Table 9 IoT in Transportation Market, By Product, Software, and Service, 2014–2020 ($Billion)
Table 10 IoT in Transportation Market, By Vertical, 2014–2020 ($Billion)
Table 11 IoT in Transportation Market:R Oad Vertical, By Solution, 2014–2020 ($Billion)
Table 12 IoT in Transportation Market: Road Vertical, By Region, 2014–2020 ($Billion)
Table 13 IoT in Transportation Market: Railways Vertical, By Soution, 2014–2020 ($Billion)
Table 14 IoT in Transportation Market: Railways Vertical, By Region, 2014–2020 ($Billion)
Table 15 IoT in Transportation Market: Airways Vertical, By Solution, 2014–2020 ($Billion)
Table 16 IoT in Transportation Market: Airways Vertical, By Region, 2014–2020 ($Billion)
Table 17 IoT in Transportation Market: Maritime Vertical, By Solution, 2014–2020 ($Billion)
Table 18 IoT in Transportation Market: Maritime Vertical, By Region, 2014–2020 ($Billion)
Table 19 IoT in Transportation Market, By Solution, 2014–2020
Table 20 Product Mapping of Traffic Solution
Table 21 Product Mapping of Asset Solution
Table 22 Product Mapping of Ticketing Solution
Table 23 General Scada Components and Their Functions
Table 24 Product Mapping of Supervision Solutions
Table 25 Product Mapping of Operation Solution
Table 26 Product Mapping of Passenger Information Solution
Table 27 Product Mapping of Maintenance Solution
Table 28 Product Mapping of Logistics & Fleet Solutions
Table 29 Market Trend for IoT in Transportation Services
Table 30 IoT in Transportation Market, By Region, 2014–2020 ($Billion)
Table 31 The Americas IoT in Transportation Market, By Vertical, 2014–2020 ($Billion)
Table 32 The Americas IoT in Transportation Market, By Solution, 2014–2020 ($Billion)
Table 33 The Americas IoT in Transportation Market, By Product, Software, and Service, 2014–2020 ($Billion)
Table 34 The Americas Traffic Solution Market, By Vertical, 2014–2020 ($Billion)
Table 35 The Americas Asset Solution Market, By Vertical, 2014–2020 ($Billion)
Table 36 The Americas Ticketing Solution Market, By Vertical, 2014–2020 ($Billion)
Table 37 The Americas Supervision Solution Market, By Vertical, 2014–2020 ($Billion)
Table 38 The Americas Operation Solution Market, By Vertical, 2014–2020 ($Billion)
Table 39 The Americas Passenger Information Solution Market, By Vertical, 2014–2020 ($Billion)
Table 40 The Americas Maintenance Solution Market, By Vertical, 2014–2020 ($Billion)
Table 41 The Americas Logistics/Fleet Solution Market, By Vertical, 2014–2020 ($Billion)
Table 42 The European IoT in Transportation Market, By Vertical, 2014–2020 ($Billion)
Table 43 The European IoT in Transportation Market, By Solution, 2014–2020 ($Billion)
Table 44 European IoT in Transportation Market, By Product, Software, and Service, 2014–2020 ($Billion)
Table 45 European Traffic Solution Market, By Vertical, 2014–2020 ($Billion)
Table 46 European Asset Solution Market, By Vertical, 2014–2020 ($Billion)
Table 47 European Ticketing Solution Market, By Vertical, 2014–2020 ($Billion)
Table 48 European Supervision Solution Market, By Vertical, 2014–2020 ($Billion)
Table 49 European Operation Solution Market, By Vertical, 2014–2020 ($Billion)
Table 50 European Passenger Information Solution Market, By Vertical, 2014–2020 ($Billion)
Table 51 European Maintenance Solution Market, By Vertical, 2014–2020 ($Billion)
Table 52 European Logistics/Fleet Solution Market, By Vertical, 2014–2020 ($Billion)
Table 53 APAC IoT in Transportation Market, By Vertical, 2014–2020 ($Billion)
Table 54 APAC IoT in Transportation Market, By Solution, 2014–2020 ($Billion)
Table 55 APAC IoT in Transportation Market, By Product, Software, and Service, 2014–2020 ($Billion)
Table 56 APAC Traffic Solution Market, By Vertical, 2014–2020 ($Billion)
Table 57 APAC Asset Solution Market, By Vertical, 2014–2020 ($Billion)
Table 58 APAC Ticketing Solution Market, By Vertical, 2014–2020 ($Billion)
Table 59 APAC Supervision Solution Market, By Vertical, 2014–2020 ($Billion)
Table 60 APAC Operation Solution Market, By Vertical, 2014–2020 ($Billion)
Table 61 APAC Passenger Information Solution Market, By Vertical, 2014–2020 ($Billion)
Table 62 APAC Maintenance Solution Market, By Vertical, 2014–2020 ($Billion)
Table 63 APAC Logistics/Fleet Solution Market, By Vertical, 2014–2020 ($Billion)
Table 64 The Middle Eastern IoT in Transportation Market, By Vertical, 2014–2020 ($Billion)
Table 65 The Middle Eastern IoT in Transportation Market, By Solution, 2014–2020 ($Billion)
Table 66 The Middle Eastern IoT in Transportation Market, By Product, Software, and Service, 2014–2020 ($Billion)
Table 67 The Middle Eastern Traffic Solution Market, By Vertical, 2014–2020 ($Billion)
Table 68 The Middle Eastern Asset Solution Market, By Vertical, 2014–2020 ($Billion)
Table 69 Middle Eastern Ticketing Solution Market, By Vertical, 2014–2020 ($Billion)
Table 70 The Middle Eastern Supervision Solution Market, By Vertical, 2014–2020 ($Billion)
Table 71 The Middle Eastern Operations Solution Market, By Vertical, 2014–2020 ($Billion)
Table 72 The Middle Eastern Passenger Information Solution Market, By Vertical, 2014–2020 ($Billion)
Table 73 The Middle Eastern Maintenance Solution Market, By Vertical, 2014–2020 ($Billion)
Table 74 The Middle Eastern Logistics/Fleet Solution Market, By Vertical, 2014–2020 ($Billion)
Table 75 The African IoT in Transportation Market, By Vertical, 2014–2020 ($Billion)
Table 76 The African IoT in Transportation Market, By Solution, 2014–2020 ($Billion)
Table 77 The African IoT in Transportation Market, By Product, Software, and Service, 2014–2020 ($Billion)
Table 78 The African Traffic Solution Market, By Vertical, 2014–2020 ($Billion)
Table 79 African Asset Solution Market, By Vertical, 2014–2020 ($Billion)
Table 80 African Ticketing Solution Market, By Vertical, 2014–2020 ($Billion)
Table 81 African Supervision Solution Market, By Vertical, 2014–2020 ($Billion)
Table 82 The African Operation Solution Market, By Vertical, 2014–2020 ($Billion)
Table 83 African Passenger Information Solution Market, By Vertical, 2014–2020 ($Billion)
Table 84 African Maintenance Solution Market, By Vertical, 2014–2020 ($Billion)
Table 85 The African Logistics/Fleet Solution Market, By Vertical, 2014–2020 ($Billion)
Table 86 IoT in Trasnportation: Major Network Providers, 2014
Table 87 IoT in Trasnportation Platform Providers, 2014
Table 88 The Top Five Players in the IoT Ecosystem, 2014
Table 89 New Product Launches,
Table 90 Most Significant Partnerships, Agreements, and Collaborations in the IoT in Transportation Market,
Table 91 Recent Mergers and Acquisitions of the IoT in Transportation Market
Table 92 Recent Expansions of the IoT in Transportation Market
Table 93 Other Recent Developments in the IoT in Transportation Market


List of Figures (69 Figures)

Figure 1 IoT in Transportation Market, By Solution
Figure 2 IoT in Transportation: Research Design
Figure 3 Market Size Estimation Methodology: Bottom-Up Approach
Figure 4 Market Size Estimation Methodology: Top-Down Approach
Figure 5 Breakdown of Primary Interviews: By Company Type, Designation, and Region
Figure 6 Market Breakdown and Data Triangulation
Figure 7 Assumptions of the Research Study
Figure 8 Limitations of the Research Study
Figure 9 The Implementation of IoT on Road Held the Largest Share in the IoT Market in Transportation Market in 2014
Figure 10 The Asset Tracking Solution is Expected to Be the Fastest-Growing Segment During the Forecast Period
Figure 11 APAC is Expected to Be One Ofthe Fastest-Growing Regions in the IoT in Transportation Market
Figure 12 The IoT in Trasnportation Market is Expected to Grow at A CAGR of 8.95% From 2014 to 2020
Figure 13 Roadways Would Account for the Maximum Share in the IoT in Transportation Market During the Forecast Period
Figure 14 The Americas Was the Leader Among All the Verticals in 2014
Figure 15 The Traffic Solution is Expected to Continue to Dominate the IoT in Transportation Market in 2014
Figure 16 APAC is Expected to Grow at A Higher Rate Than the Americas and Europe During the Forecast Period
Figure 17 Life Cycle Analysis of IoT With Respect to Applications
Figure 18 Segmentation of the IoT Market in Transportation
Figure 19 Market Segmentation: By Component
Figure 20 Market Segmentation: By Vertical
Figure 21 Market Segmentation: By Solution
Figure 22 Market Segmentation: By Application
Figure 23 Market Segmentation: By Geography
Figure 24 Major Parameters Impacting the IoT Market in Transportation
Figure 25 Functional Blocks of the IoT in Transportation Market
Figure 26 Supply Chain Analysis: Major Value is Added During the Raw Material Supply and Original Equipment Manufacturing Phase
Figure 27 Value Chain Analysis of IoT
Figure 28 Porter’s Five Forces Analysis
Figure 29 Due to the Large Number of Existing Players and New Entrants, the Degree of Competition is Expected to Remain High From 2015 to 2020
Figure 30 The Technology Factors Associated With the IoT Industry are Highly Impacting the Suppliers’ Power
Figure 31 The Availability of Customized Solutions is the Major Factor for the Buyers’ Bargaining Power
Figure 32 The Higher Market Growth Rate is Expected to Attract New Entrants
Figure 33 Legislative Regulations is the Key Factor Giving Strength to the Substitutes’ Market
Figure 34 New Product Launches and Innovations Have Led to A High Degree of Competition for the IoT in Transportation Market
Figure 35 History & Evolution of IoT
Figure 36 IoT in Trasnportation Market, By Component (2014-2020)
Figure 37 Intelligent Tracking and Monitoring Would Help to Boost the Growth of the Industry:
Figure 38 IoT in Traffic Management
Figure 39 The Supervision Solution System
Figure 40 Value Process of Supervision Management Using Scada
Figure 41 Operation Management Process
Figure 42 Value Chain of Operation Management
Figure 43 Passenger Management Process
Figure 44 Revenue Management Process
Figure 45 Workforce Management Process
Figure 46 Value Chain of Passenger Information
Figure 47 Maintenance Solution Classification
Figure 48 Geographic Snapshot (2014)
Figure 49 The Americas IoT in Transportation Market Snapshot
Figure 50 European IoT in Transportation Market Snapshot
Figure 51 APAC IoT in Transportation Market Snapshot
Figure 52 The Middle Eastern IoT in Transportation Market Snapshot
Figure 53 The African IoT in Transportation Market Snapshot
Figure 54 Companies Adopted Product Innovation as the Key Growth Strategy From 2012 to 2014
Figure 55 Intel Corp. Emerged as the Fastest-Growing Company From 2009 to 2013
Figure 56 Battle for Market Share: New Product Launches is the Key Strategy
Figure 57 Geographic Revenue Mix of the Top Market Players
Figure 58 Garmin International: Company Snapshot
Figure 59 Thales Group: Company Snapshot
Figure 60 Thales Group: SWOT Analysis
Figure 61 Tomtom N.V.: Company Snapshot
Figure 62 Nuance Communication: Company Snapshot
Figure 63 Denso Corp: Company Snapshot
Figure 64 Alcatel-Lucent: Company Snapshot
Figure 65 AT&T, Inc.: Company Snapshot
Figure 66 Verizon Communications: Company Snapshot
Figure 67 Sierra Wireless Inc.: Company Snapshot
Figure 68 IBM Corporation: Company Snapshot
Figure 69 Cisco Systems, Inc.: Company Snapshot

The concept of IoT has gone beyond the machine-to-machine (M2M) communication. With technological advancements and our increasing dependence on them in the day-to-day lives, it is evident that the IoT concept has a promising future. With the rate of proliferation of the wireless sensors network, the increasing adoption of emerging technologies and mainstreaming of many smart consumer applications, IoT is on its way to becoming the big thing. Few trends in the technology and application segments are projected to shape the future of IoT. Some of these critical technology trends, which are expected to have a huge impact on the IoT evolution, are big data, cloud computing, IPV6, wireless sensor network proliferation, and faster communication standards such as 4G-LTE and beyond.

The opportunities for IoT in transportation are extremely high and mainly depend on organizations for adopting technological changes that are ever-increasing. With such a rapid change, it would be possible to have excellent quality of experience as well as better economic opportunities for users, governments, and businesses.

The IoT market in intelligent transportation systems is divided in to six segments, namely components, products, software & services, verticals, solutions, and applications & geography. The market, by component, includes the differentiation of components that are used to enable the proper operation of the technology. The market, by product, software, and service, gives an in-depth analysis, which helps in facilitating the growth of IoT in the transportation ecosystem. However, in case of the market size growth, the market and the product, software, and service market are taken as mutually exclusive from each other. The verticals included in this market are roadway, railway, airway, and maritime. Furthermore, the solution segment includes traffic, asset, ticketing, supervision, operations, passenger information, maintenance, and logistics.

The applications segment covers the major applications of IoT in transportation that are divided into four segments, namely telematics, infotainment, advanced driver assistance system, and so on. Moreover, the IoT market in intelligent transportation systems, by geography, has been divided based on geographic locations of the countries that include the Americas, Europe, APAC, Middle East, and Africa. The Americas is the largest market, by geography, which is due to the easy availability of infrastructure for the deployment of IoT in transportation in this region.

There are many companies that have their presence in this market. The players involved in the IoT market include a host of companies, right from the semiconductor OEMs to network operators, software companies, and networking equipment providers. The report profiles all the prominent companies involved in the field of IoT, such as Garmin International, Ltd. (U.S.), Thales Group (France), TomTom N.V. (The Netherlands), Denso Corp. (Japan), Alcatel-Lucent (France), Sierra Wireless, Inc. (Canada), AT&T, Inc. (U.S), Verizon Communications (U.S.), and Intel Corp. (U.S).

The IoT market in intelligent transportation systems report is a culmination of extensive primary and secondary research that provide the current market size in terms of value and also forecasts the same for the period 2014–2020.

IoT in Transportation Market, by Geography 2014 - 2020

IoT in Transportation Market

Source: MarketsandMarkets Analysis

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