The Smart City Market statistical report, published by Market Research Future contains succinct information on the Smart City market , segmented by transport as Connected Car System, Smart Parking, Smart Ticketing, Smart Signaling, & others and forecast from 2016-2022. The various factors driving the smart city market are rapid growth of urbanization, a large aging population, and increasing environment concern & resource scarcity.
A city’s transportation is an important pillar in the life of citizens. Currently, most of the cities are facing problems such as inadequate capacity of public transportation, lack of safety in transportation, lack of quality, parking issues, and traffic management issues. To overcome such issues cities need to get smarter by adopting smart transport technology solutions. Technology plays a vital role in predicting demands and analysing the data for transportation planning. The aim of smart city is to transform transport into smarter transportation. The transport vertical includes many smart transport solutions such as connected car systems, smart signalling, and smart parking.
Connected Car System of Smart City Market by Transport is expected to reach USD 53.25 Billion by 2022 with a CAGR of 36.82%
Table of Contents
1.1 North America Smart City Market, By Transport, 2016 VS 2022 (USD Billion)
List of Tables
Table 1 North America Smart City Market, By Transport, 2016-2022 (USD Billion) ………..5
List of Figures
Figure 1 North America Smart City Market, By Transport, 2016-2022, (USD Billion) …………..6