Smart Highways Market Worth $27.992.0 Million by 2019 Posted on Wednesday, October 29, 2014 http://www.sbwire.com/press-releases/smart-highways-market-worth-279920-million-by-2019-554558.htm [141 Pages Report] Smart Highway Market categorizes the Global Market by Technology as Intelligent Transportation Management, Intelligent Traffic Management, Communication, Monitoring, by Display as Variable Message Signs, Digital Signage & by geography.
Dallas, TX -- (SBWIRE) -- 10/29/2014 -- The report “Smart Highway Market by Technology (Intelligent Transportation Management, Intelligent Traffic Management, Communication, Monitoring), and by Display (Variable Message Signs, Digital Signage) - Global Forecast to 2019― segments the global market into various sub-segments with in-depth analysis an forecasting of revenues. It also identifies the drivers and restraints for this market with insights into trends, opportunities, and challenges. Browse 75 market tables and 37 figures spread through 141 pages in-depth TOC on "Smart Highway Market by Technology (Intelligent Transportation Management, Intelligent Traffic Management, Communication, Monitoring), and by Display (Variable Message Signs, Digital Signage) - Global Forecast to 2019" http://www.marketsandmarkets.com/Market-Reports/smart-highway-market-90651023.html Early buyers will receive 10% customization on this report. Speak to Analyst: http://www.marketsandmarkets.com/speaktoanalyst.asp?id=90651023 The increased need for more reliable, safe, and efficient transportation and growth of interstate highways market are playing a major role in shaping the future of smart highways market. As the need for safe, traffic free, and less travel time is increasing organizations are introducing new technologies at an affordable cost. Because of these requirements the transportation and traffic technology vendors companies is witnessing dramatic technological changes, and highways is one of the attractive segment among them. The introduction of Electronic Toll Collection (ETC) has permitted easy payments and has eliminated the idle time at toll. The successful deployment of highway technology, solutions and its increasing adoption has forced the companies to expand into new geographies. This has made smart highways an attractive high growth segment for enterprises. MarketsandMarkets has segmented the global smart highways market by technology: intelligent transport management system, intelligent traffic management system, communication system and monitoring system; and services: consultancy, managed services, and maintenance and operation services; by display: variable message signs, digital signage, and others; by deployments: on-premise and on-cloud; and by regions: North America (NA), Asia Pacific (APAC), Europe (EU), Middle East and Africa (MEA), and Latin America (LA). The biggest player of this market who contributes to the major share include Alcatel Lucent, IBM, Schneider Electric, Huawei, Cisco, Siemens AG, Indra, Kapsch AG, LG CNS and Xerox Corporation. The major forces driving this market are need for more reliable, safe, and congestion free is driving the growth in smart highways market. The prime opportunity which is expected to boost this market is adoption of Intelligent Transport System (ITS) and developing infrastructure.