The global IoT in aerospace & defense market size was estimated at USD 42.4 billion in 2021 and is expected to hit around USD 156.27 billion by 2030 poised to grow at a compound annual growth rate (CAGR) of 14.4% from 2021 to 2030.
This report aims to provide a comprehensive presentation of the global market for IoT in Transportation with and qualitative analysis to help readers develop business/growth strategies assess the market competitive situation analyze their position in the current marketplace and make informed business decisions regarding IoT in Transportation.
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The IoT in Transportation market size considering 2022 as the base year with history and forecast data for the period from 2018 to 2029. This report segments the global IoT in Transportation market comprehensively. Regional market sizes concerning products by type by application and by players are also provided.
For a more in-depth understanding of the market the report provides profiles of the competitive landscape key competitors and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the IoT in Transportation manufacturers new entrants and industry chain related companies in this market with information for the overall market and the sub-segments across the different segments by company by type by application and by regions.
Technological upgrading promotes the development of consumer electronic products to intelligence and integration
The consumer electronics industry is a typical technology-driven industry. Every technological innovation not only reshapes the industry format but also brings new industrial demand. The progress of technology promotes the development of consumer electronics to intelligence and integration in which integration refers to the continuous reduction of product size and the integration of more functions and intelligence refers to the combination of hardware devices and artificial intelligence so that intelligent terminals have the ability of information processing and data connection and can realize functions such as perception and interactive services.
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The technologies of networking remote control APP management sensing technology voice recognition and so on possessed by consumer electronic intelligent terminal products are increasingly accepted and recognized by consumers. The deep integration of consumer electronics products and the Internet of Things will become an important direction of industry development and all-round intelligent products will become the mainstream in the future.
Highlights-Regions
The IoT in Transportation market can be split based on product types major applications and important regions as follows:
North America
United States
Canada
Mexico
Europe
Germany
France
UK
Italy
Russia
Asia Pacific
China
Japan
South Korea
India
Southeast Asia
South America
Brazil
Argentina
Colombia
MEA
Saudi Arabia
Egypt
Nigeria
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Player list
Alcatel-Lucent
AT&T Inc.
Garmin International Inc.
IBM Corp.
Denso Corp.
Thales Group
General Electric
Verizon Communications Inc.
Cisco Systems Inc.
TomTom N.V.
Types list
Hardware
Software
Services
Application list
Traffic Congestion Control Systems
Automotive Telematics
Reservation Toll & Ticketing Systems
Security & Surveillance Systems
Remote Monitoring
Others
The PESTLE analysis takes into account the following dimensions:
- Political factors: This includes political policies, stability, and factors related to trade, fiscal policies, and taxation policies.
- Economic factors: This involves analyzing interest rates, employment or unemployment rates, raw material costs, and foreign exchange rates.
- Social factors: These encompass changing family demographics, education levels, cultural trends, shifts in attitudes, and changes in lifestyles.
- Technological factors: This examines changes in digital or mobile technology, automation, and research and development in the relevant industry.
- Legal factors: This entails analyzing employment legislation, consumer law, health and safety regulations, as well as international trade regulations and restrictions.
- Environmental factors: This dimension considers aspects such as climate change, recycling procedures, carbon footprint, waste disposal, and sustainability practices.”
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