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Global IoT in Transportation Market Size,Trends, Growth Forecast to 2031

Category : Automotive & Transportation | Report Code : 633 | Pages : 141 | Oct 2024

Report Overview

According to this study, the global IoT in Transportation market size will reach US$ 282950 million by 2030.

The Internet of Things (IoT) is the network of physical devices, vehicles, home appliances, and other items embedded with electronics, software, sensors, actuators, and connectivity which enables these things to connect and exchange data, creating opportunities for more direct integration of the physical world into computer-based systems, resulting in efficiency improvements, economic benefits, and reduced human exertions.

According to our research, the number of global connected IoT devices was about 14 billion, grew by 18% compared to 2021. The data released by the Office of the Central Cyberspace Affairs Commission shows that, by the end of 2022, China has built and opened a total of 2.3 million 5G base stations. 110 cities across the country have reached the gigabit city construction standards. Gigabit optical network has the ability to cover more than 500 million households. IPv6 scale deployment application is deeply promoted. The number of active users exceeds 700 million, mobile network IPv6 traffic accounted for nearly 50%. The total size of China's data center racks exceeds 6.5 million standard racks, with an average annual growth rate of more than 30% in the past five years.

This report presents a comprehensive overview, market shares, and growth opportunities of IoT in Transportation market by product type, application, key players and key regions and countries.

Segmentation by product type:
    Hardware
    Software
    Service

Segmentation by Application: 
    Road Transportation
    Railway Transportation
    Air Transportation
    Marine Transportation

This report also splits the market by region:
    United States
    China
    Europe
    Other regions:
        Japan
        South Korea
        Southeast Asia
        Rest of world

The report also presents the market competition landscape and a corresponding detailed analysis of the major players in the market. The key players covered in this report:
    Alcatel-Lucent
    AT&T
    Cisco Systems
    IBM
    Intel
    Amazon Web Services
    ARM Holdings
    Dell
    Ericsson
    GE
    Google
    Huawei
    Microsoft
    Oracle
    Qualcomm
    RTI
    SAP
    Telefonica

Frequently Asked Questions?

Ans - The purpose of a IoT in Transportation market research report is to provide data-driven insights and analysis on a IoT in Transportation market. It helps businesses understand industry trends, competition, consumer behavior, market size, growth potential, and risks, supporting strategic decision-making.

Ans - Market research reports typically include both quantitative (market size, revenue, growth rates) and qualitative (trends, consumer preferences, competitive analysis) data. It often includes industry statistics, surveys, expert opinions, historical data, and future forecasts.

Ans - The forecast period typically for IoT in Transportation market report spans the next 5 to 10 years. It includes projected market trends, growth opportunities, and potential challenges.

Ans - Yes, Analytic Insights Hub customization services, allowing businesses to focus on specific geographies, sectors, or market segments that are relevant to them.

Ans - The report highlights major trends such as technological innovations, consumer behavior shifts, regulatory changes, or emerging markets that may impact the industry?s growth.