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Smart Transportation Market Share

ID: MRFR//1834-CR | 132 Pages | Author: Aarti Dhapte| March 2024

Introduction: Navigating the Future of Smart Transportation

The competitive landscape of the smart transportation market is rapidly changing, driven by technological developments, regulatory changes and changing customer expectations. A wide range of players, including car manufacturers, IT service companies, network operators and new AI-driven startups, are fighting for dominance by using new and advanced technology, such as artificial intelligence, data analytics, automation, the Internet of Things and biometrics. These differentiators not only improve the efficiency of operations but also change the way customers experience services, enabling companies to capture more market share. Strategic trends are emerging, particularly in urban areas and developing economies, where greener transport solutions are increasingly gaining support. The interplay of these trends will define the competitive momentum in the coming years, presenting both challenges and opportunities for C-level managers and strategic planners.

Competitive Positioning

Full-Suite Integrators

These vendors provide comprehensive solutions that integrate various aspects of smart transportation systems.

VendorCompetitive EdgeSolution FocusRegional Focus
Hitachi Ltd. Strong focus on IoT integration Smart city solutions Asia, Europe, North America
Cisco Systems, Inc Leader in networking technology Connected transportation networks Global
IBM Corporation Advanced analytics and AI capabilities Data-driven transportation solutions Global
Accenture Plc Consulting expertise in digital transformation Smart mobility consulting Global

Specialized Technology Vendors

These vendors focus on niche technologies that enhance specific aspects of smart transportation.

VendorCompetitive EdgeSolution FocusRegional Focus
Intel Corporation Leading semiconductor technology Edge computing for transportation Global
Thales Group Expertise in security and safety systems Transport security solutions Europe, Asia, North America
Cubic Corporation Innovative fare collection systems Public transport solutions North America, Asia
Kapsch Strong in tolling and traffic management Intelligent transport systems Europe, North America

Infrastructure & Equipment Providers

These vendors supply the physical infrastructure and equipment necessary for smart transportation systems.

VendorCompetitive EdgeSolution FocusRegional Focus
Alstom SA Expertise in rail transport solutions Railway systems and equipment Europe, Asia, North America
Siemens AG Comprehensive automation solutions Smart infrastructure for transport Global
Toshiba Innovative energy solutions Transportation energy systems Asia, Europe
Harris Corporation Strong communication systems Public safety communications North America

Software Solutions Providers

These vendors offer software solutions that optimize transportation management and operations.

VendorCompetitive EdgeSolution FocusRegional Focus
Veson Nautical Specialized in maritime logistics Shipping and logistics software Global
Bass Software Focus on fleet management solutions Fleet management software North America
Bentley System Expertise in infrastructure engineering Infrastructure design software Global

Emerging Players & Regional Champions

  • Moovit (Israel): This Israeli company offers a mobility-as-a-service platform, combining public transport, car- and bike-sharing services. The company has recently teamed up with several European cities to improve urban mobility. It is challenging the established mobility players, such as Uber and Lyft, by integrating public transport.
  • In the United States: Civitas – specializing in smart traffic management using IoT and AI. Recently, it launched a smart traffic light system in San Francisco, which, by supplementing the existing traffic lights, can provide real-time traffic data analysis to replace the existing traffic management system.
  • Samsara (USA): Provides solutions for the Internet of Things for fleet management, including tracking, vehicle diagnostics and more. Recently landed a number of contracts with major logistics companies to help them manage their operations. Samsara is a competitor to the established fleet management companies.
  • The following are some examples of mobility applications: Citymapper (UK): focuses on urban mobility applications that provide real-time transit information and route planning. Recently, it has added a bicycle and an electric scooter rental service, which is a more complete mobility solution than a public transport application.
  • Daimler Mobility (Germany): Offers innovative solutions for connected and electric mobility. In Berlin, the company recently launched a pilot project for an electric car-sharing service. It complements the activities of the traditional automobile industry with its focus on sustainable mobility.

Regional Trends: In 2024 there is a significant rise in the regional adoption of smart transport, especially in the cities of Europe and North America. The cities are increasingly investing in the integration of transport systems, combining different modes of transport. This is driven by both the need for sustainability and the need for efficient urban planning. In addition, the use of AI and IoT in the management of traffic and fleets is increasing, with the aim of improving the experience of the public and reducing congestion.

Collaborations & M&A Movements

  • Uber and Waymo entered a partnership to integrate autonomous vehicle technology into Uber's ride-hailing platform, aiming to enhance service efficiency and reduce operational costs in a competitive landscape.
  • Ford acquired Electriphi, a charging management software company, to bolster its electric vehicle infrastructure and position itself as a leader in the EV market amidst increasing regulatory pressures for sustainability.
  • Siemens Mobility and IBM collaborated to develop AI-driven traffic management solutions, intending to improve urban mobility and reduce congestion in smart cities, thereby strengthening their competitive edge in the smart transportation sector.

Competitive Summary Table

CapabilityLeading PlayersRemarks
Biometric Self-Boarding Gemalto, Thales Biometric boarding solutions from Gemalto have been successfully deployed at major airports, improving passenger flow and reducing waiting times. Thales’s facial recognition systems have been integrated with airport systems to provide high accuracy and speed.
AI-Powered Ops Mgmt IBM, Siemens IBM's artificial intelligence system is used in smart traffic management, which can optimize the flow of traffic and reduce congestion. It can also make the system more intelligent and make real-time decisions. Siemens has developed and used such tools in the field of urban rail transportation.
Border Control NEC, SITA NEC's biometric border control system has been adopted in many countries, greatly speeding up the process of passport control. The new SITA smart border technology, which uses big data, is designed to improve security and facilitate border control.
Sustainability Tesla, BYD Electric cars with their charging stations are at the forefront of sustainable transport. BYD has had great success in deploying its electric buses, which have helped to improve the air quality in many cities.
Passenger Experience Airbus, Uber Airbus is enhancing passenger experience through innovative cabin designs and in-flight connectivity solutions. Uber's user-friendly app and ride-sharing model have transformed urban mobility, providing convenience and flexibility for passengers.

Conclusion: Navigating the Smart Transportation Landscape

By the year 2024, the smart transportation market will be characterized by a highly competitive and fragmented structure, with the competition between the old and new players being a major challenge to the industry. Regional trends show a growing emphasis on automation and on sustainability, which will lead to the adjustment of vendor strategies. The big players are using their existing assets and integrating advanced technology, while the new players are concentrating on developing flexible and user-friendly solutions. Artificial intelligence, automation and sustainable practices will be the decisive factors in determining market leadership. Strategic alliances and technological investments will be the keys to future success.

Covered Aspects:
Report Attribute/Metric Details
Base Year For Estimation 2022
Historical Data 2018 & 2022
Forecast Period 2023-2030
Growth Rate 9.03% (2023-2030)
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