Citizen Services AI for Traffic and Transportation Management Market Future Scenario During Forecast Period 2020-2027
The Latest Research Report of Citizen Services AI for Traffic and Transportation Management Market provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. – Data Bridge Market Research
The research and analysis conducted in Citizen Services AI for Traffic and Transportation Management Market Report helps clients to predict investment in an emerging market, expansion of market share or success of a new product with the help of global market research analysis. This report has been designed in such a way that it provides very evident understanding of the business environment and Citizen Services AI for Traffic and Transportation Management industry. Nevertheless, this global market research report unravels many business problems very quickly and easily. Due to high demand and the value of market research for the success of different sectors, Citizen Services AI for Traffic and Transportation Management Market report is provided that covers many work areas.
Global citizen services AI for traffic and transportation management market is expected register a healthy CAGR of 48.9% in the forecast period of 2019-2026. The report contains data of the base year 2018 and historic year 2017. The growing adoption of artificial intelligence and analytics services with transport management is boosting the market growth.
Market Definition: Global Citizen Services AI for Traffic and Transportation Management Market
Citizen services AI for traffic and transportation management can be defined as the solution that provides the opportunity to government agencies to actively manage all services that offered to citizens while travelling. AI has the capability to understand and monitor all the video or audio information. The major benefit of using AI in transport management is that it enhances the safety of citizen while travelling with public transport.
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Market Drivers:
- Growing need for IT modernization is expected to drive the growth of the market
- Rising requirement of automation will escalate the market growth in the forecast period
- Integration of artificial intelligence with citizen services may enhance the market in the near future
- Huge demand of IT technologies focusing on AI analysis and the requirement of IT infrastructure in government departments will also propel the market in the forecast period
Market Restraints:
- Lack of awareness among government organizations is expected to restrict the growth of the market
- Dearth of expertise and infrastructure among end-user may restrain the market in the forecast period
Segmentation: Global Citizen Services AI for Traffic and Transportation Management Market
By Technology
- Machine Learning
- Face Recognition
- Natural Language Processing
- Image Processing
By Application
- Traffic and Transportation Management
- Healthcare
- Utilities
- General Services
- Public Safety
By Geography
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- Italy
- U.K.
- France
- Spain
- Netherlands
- Belgium
- Switzerland
- Turkey
- Russia
- Rest of Europe
- Asia-Pacific
- Japan
- China
- India
- South Korea
- Australia
- Singapore
- Malaysia
- Thailand
- Indonesia
- Philippines
- Rest of Asia-Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East and Africa
- Saudi Arabia
- U.A.E
- South Africa
- Egypt
- Israel
- Rest of Middle East and Africa
New Business Strategies, Challenges & Policies are mentioned in Table of Content, Request FREE TOC at @ https://www.databridgemarketresearch.com/toc/?dbmr=global-citizen-services-ai-for-traffic-and-transportation-management-market&utm_source=Somesh
Key Developments in the Market:
- In June 2019, INRIX has introduced new artificial intelligence solution for traffic management. “INRIX AI” traffic shows a quantum leap forward for traffic intelligence. It will help the drivers to quickly reach their destination without any stress. AI Traffic will be providing accurate instantaneous updates about traffic conditions as well
- In January 2018, Alibaba launched traffic management solutions named as ‘City Brain’, in Kuala Lumpur. This service utilizes machine learning for minimizing congestion on the city’s roads. The major benefit of using this service is that it will increase the average traffic speeds by 15% and help in recording traffic violations with accuracy of 92%
Competitive Analysis
Global citizen services AI for traffic and transportation management market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of citizen services AI for traffic and transportation management market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Major Market Competitors
Few of the major competitors currently working in global citizen services AI for traffic and transportation management market are ServiceNow, Accenture, IBM Corporation , Microsoft, Amazon Web Services, Inc., NVIDIA Corporation, Alibaba, Tencent., ADDO AI, Baidu, Inc, Intel Corporation among others.
Research Methodology: Global Citizen Services AI for Traffic and Transportation Management Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Key Insights in the Report:
- Complete and distinct analysis of the market drivers and restraints
- Key market players involved in this industry
- Detailed analysis of the market segmentation
- Competitive analysis of the key players involved
Major Highlights of Citizen Services AI for Traffic and Transportation Management market in Covid-19 pandemic covered in report:
The report provides impact of COVID-19 on Citizen Services AI for Traffic and Transportation Management market along with its impact on overall industry and economy of world. Further, it adds changes in consumer buying behavior as it impacts majorly on market growth and sales. Distributors and traders on marketing strategy analysis focusing on region wise needs in covid-19 pandemic is also added in the Citizen Services AI for Traffic and Transportation Management market report. The last segment of COVID-19 impact chapter include recovery and major changes opted by major players involved in Citizen Services AI for Traffic and Transportation Management market.
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Reasons to Purchase this Report:
- Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
- Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
- Market value USD Million and volume Units Million data for each segment and sub-segment
- Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
- Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
Table of Content:
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: INTRODUCTION
PART 05: MARKET LANDSCAPE
PART 06: MARKET SIZING
PART 07: FIVE FORCES ANALYSIS
PART 08: MARKET SEGMENTATION BY PRODUCT
PART 09: MARKET SEGMENTATION BY DISTRIBUTION CHANNEL
PART 10: CUSTOMER LANDSCAPE
PART 11: MARKET SEGMENTATION BY END-USER
PART 12: REGIONAL LANDSCAPE
PART 13: DECISION FRAMEWORK
PART 14: DRIVERS AND CHALLENGES
PART 15: MARKET TRENDS
PART 16: COMPETITIVE LANDSCAPE
PART 17: COMPANY PROFILES
PART 18: APPENDIX
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