Smart Transportation Market Worth $104.19 Billion by 2019

Smart Transportation Market WorthSmart Transportation Market Worth $104.19 Billion by 2019 PR Newswire DALLAS, March 31, 2014 MarketsandMarkets recently conducted a study on the "Smart Transportation Market by Solutions (Ticketing Management, Parking Management, Passenger Information, Traffic Management) & Services (Cloud, Professional, Business) Global Advancements, Application Roadmaps - Forecasts and Analysis 2014 - 2019", published my MarketsandMarkets, the Smart Transportation Market is expected to grow from $45.05 Billion in 2014 to $104.19 Billion by 2019 Browse 80 market data tables and 33 figures spread through 139 pages and in-depth TOC on "Smart Transportation Market" http://www.marketsandmarkets.com/Market-Reports/smart-transportation- market-692.html Early buyers will receive 10% customization on this report. The study reports that the global Smart Transportation Market is expected to grow from $45.05 billion in 2014 to $104.19 billion by 2019, at an estimated Compound Annual Growth Rate (CAGR) of 18.3% from 2014 to 2019. Congestion, emergence of cloud services, need of sustainable solutions, and hyper-urbanization and globalization is leading to building of more and more avenues for Smart Transportation Market. With the increasing population, congestion has become a major problem in all developing economies, creating opportunities for development of smart transportation solutions and services.