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.
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.
Global Citizen Services AI for Traffic and Transportation Management Market By Technology (Machine Learning, Face Recognition, Natural Language Processing, Image Processing), Application (Traffic and Transportation Management, Healthcare, Utilities, General Services, Public Safety), Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa) – Industry Trends and Forecast to 2026
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Segmentation: Global Citizen Services AI for Traffic and Transportation Management Market:
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.
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 wellIn 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%.
MAJOR TOC OF THE REPORT:
Chapter One: Citizen Services AI for Traffic and Transportation Management Market Overview
Chapter Two: Manufacturers Profiles
Chapter Three: Citizen Services AI for Traffic and Transportation Management Market Competition, by Players
Chapter Four: Citizen Services AI for Traffic and Transportation Management Market Size by Regions
Chapter Five: Citizen Services AI for Traffic and Transportation Management Market Revenue by Countries
Chapter Six: Citizen Services AI for Traffic and Transportation Management Market Revenue by Type
Chapter Seven: Citizen Services AI for Traffic and Transportation Management Market Revenue by Application
Chapter Eight: Citizen Services AI for Traffic and Transportation Management Market Revenue by Industries
Chapter Nine: Citizen Services AI for Traffic and Transportation Management Market Revenue by Deployment Model
Chapter Ten: Citizen Services AI for Traffic and Transportation Management Market Revenue by End User
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The key questions answered in this report:
What will be the Market Size and Growth Rate in the forecast year?
What is the Key Factors driving Laser Capture Global Citizen Services AI for Traffic and Transportation Management Market?
What are the Risks and Challenges in front of the market?
Who are the Key Vendors in Global Citizen Services AI for Traffic and Transportation Management Market?
What are the Trending Factors influencing the market shares?
What is the Key Outcomes of Porter’s five forces model.
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