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The Smart City Market statistical report, published by Market Research Future contains succinct information on the Smart City market of transport, segmented by region (North America, Europe, Asia-Pacific, and Others) and forecast from 2016-2022. The various factors driving the Smart City market are Increasing Urbanization, a large aging population, increasing environment concern and resource scarcity.
A city’s transportation is an important pillar in the life of citizens. Currently most cities are facing problems such as inadequate capacity of public transportation, lack of safety in transportation, lack of quality, parking issues, traffic management issues and others. To overcome all these issues, cities need to get smarter by adopting smart transport technology solutions. Technology has a vital role in predicting demands and analysis the data for transportation planning. The aim of smart city is to make transportation smarter. Transport vertical includes many smart transport solutions such as connected car systems, smart signalling, smart parking and others.
North America Smart City Market by Region is expected to reach USD 183.66 Billion by 2022 with a CAGR of 33.49%
FIGURE 1 Global Smart City Market, By Transport, By Region, 2016 Vs 2022 (USD Billion)
Table of Contents
1. Info graphics Information
1.1 Global Smart City Market by Transport, By Region, 2016 VS 2022 (USD Billion)
3. Global Smart City Market by Transport, By Region, Market Data
List of Tables
Table 1 Global Smart City Market by Transport, By Region, 2016-2022 (USD Billion) ………..5
List of Figures
Figure 1 Global Smart City Market by Transport, By Region, 2016-2022, (USD Billion) ……….6