US Smart Transportation Markets, 2021-2026: The Presence of Oracle, IBM, and Intel is Supporting the Growth of the Market

DUBLIN, June 8, 2021 /PRNewswire/ -- The "US Smart Transportation Market 2020-2026" report has been added to ResearchAndMarkets.com's offering.

US smart transportation market is projected to witness considerable growth during the forecast period. The major factors contributing to the growth of the market include the rising government spending in the improvement of transport infrastructure and continuous R&D in the autonomous vehicles in the country by the leading automotive companies, such as Tesla Inc.

Moreover, the rising urban population due to the migration of people in the US for education, job, and medical issues, is further leading to the growth of the traffic in the country, which in turn, is augmenting the growth of the smart transportation market in the US.

The presence of the key market players, such as Oracle Corp., IBM Corp., and Intel Corp., is further supporting the growth of the market in the US. However, the stringent transportation regulations, lack of standardized technology, and the high initial cost of deployment of the smart transportation solutions will affect the market growth during the forecast period.

The smart transportation market will be driven by th roadway's transportation. The roadway smart transportation market is estimated to project a considerable CAGR during the forecast period.

These players are playing a significant role in the growth of the smart transportation market by providing various products and adopting several strategies such as merger and acquisition, partnerships and collaboration, technological development, and others.

Key Topics Covered:

1. Report Summary

2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.3. Rules & Regulations

3. Competitive Landscape
3.1. Company Share Analysis
3.2. Key Strategy Analysis
3.3. Key Company Analysis

4. Market Determinants
4.1. Motivators
4.2. Restraints
4.3. Opportunities

5. Market Segmentation
5.1. US Smart Transportation Market by Transportation Mode
5.1.1. Railways
5.1.2. Roadways
5.1.3. Airways
5.1.4. Maritime
5.2. US Smart Transportation Market by Application
5.2.1. Ticketing Management System
5.2.2. Parking Management System
5.2.3. Traffic Management System
5.2.4. Others (Integrated Supervision System)

6. Company Profiles

• Advantech Co., Ltd.
• ALSTOM Holdings
• Bentley Systems, Inc.
• Cisco Systems, Inc.
• Conduent Business Services, LLC
• Cubic Corp.
• Hitachi, Ltd.
• Huawei Technologies Co., Ltd.
• IBM Corp.
• . Intel Corp.
• Kapsch Group
• Oracle Corp.
• Parsons Corp.
• SAP SE
• Siemens AG
• Stantec Inc.
• Thales Group
• The Descartes Systems Group Inc.
• Toshiba Corp.
• Trimble, Inc.

For more information about this report visit https://www.researchandmarkets.com/r/o4q3cv

Media Contact:

Research and Markets
Laura Wood, Senior Manager
[email protected]

For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

View original content:http://www.prnewswire.com/news-releases/us-smart-transportation-markets-2021-2026-the-presence-of-oracle-ibm-and-intel-is-supporting-the-growth-of-the-market-301307877.html

SOURCE Research and Markets

[ Back To TMCnet.com's Homepage ]