Carriageway

Electronic Toll Collection Market worth $14.7 billion by 2029 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Tuesday, March 12, 2024

The highway segment accounted for the larger share of ~91% of the electronic toll collection market in 2029.

Key Points: 
  • The highway segment accounted for the larger share of ~91% of the electronic toll collection market in 2029.
  • Back Office & Other Services segment accounted for the larger share of ~75% of the electronic toll collection market in 2029.
  • Asia Pacific is expected to hold the largest share of the electronic toll collection market during the forecast period.
  • The key players in electronic toll collection companies include Kapsch TrafficCom AG (Austria); Conduent, Inc. (US); TransCore (US); Thales (France); Cubic Corporation (US).

Electronic Toll Collection Market worth $14.7 billion by 2029 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Tuesday, March 12, 2024

The highway segment accounted for the larger share of ~91% of the electronic toll collection market in 2029.

Key Points: 
  • The highway segment accounted for the larger share of ~91% of the electronic toll collection market in 2029.
  • Back Office & Other Services segment accounted for the larger share of ~75% of the electronic toll collection market in 2029.
  • Asia Pacific is expected to hold the largest share of the electronic toll collection market during the forecast period.
  • The key players in electronic toll collection companies include Kapsch TrafficCom AG (Austria); Conduent, Inc. (US); TransCore (US); Thales (France); Cubic Corporation (US).

11.24% CAGR Growth in Transportation Management Systems (TMS) Market by Solution (on-premise and cloud-based), mode of transportation (roadways, railways, and airways), and Region - Global Forecast to 2027 - Technavio

Retrieved on: 
Friday, February 2, 2024

NEW YORK, Feb. 1, 2024 /PRNewswire/ -- The transportation management systems (TMS) market is estimated to grow by USD 3.70 billion from 2022 to 2027, according to Technavio.

Key Points: 
  • NEW YORK, Feb. 1, 2024 /PRNewswire/ -- The transportation management systems (TMS) market is estimated to grow by USD 3.70 billion from 2022 to 2027, according to Technavio.
  • North America is expected to contribute 37% to the global TMS market growth during the forecast period.
  • These systems streamline freight management, fleet management, and shipment tracking, optimizing routes and enhancing warehouse and inventory management.
  • The Fleet Telematics Systems Market size is forecast to increase by USD 88.48 billion, at a CAGR of 23.87% between 2023 and 2028.

Connected Logistics Market size to increase by USD 62.29 billion during 2023-2027, Effective management of temperature-sensitive products to drive the growth - Technavio

Retrieved on: 
Monday, January 8, 2024

NEW YORK , Jan. 8, 2024 /PRNewswire/ -- The connected logistics market size is expected to grow by USD 62.29 billion between 2022 and 2027.

Key Points: 
  • NEW YORK , Jan. 8, 2024 /PRNewswire/ -- The connected logistics market size is expected to grow by USD 62.29 billion between 2022 and 2027.
  • Effective management of temperature-sensitive products is a key factor driving market growth.
  • The report analyses the market size and growth and provides accurate predictions on the growth of the market.
  • Driver - The growth of the Connected Logistics Market is driven by diverse factors including Effective management of temperature-sensitive products.

Global Cash Logistics Market Factbook 2023: Competitive Developments, Strategies, Mergers and Acquisitions & New Product Developments - ResearchAndMarkets.com

Retrieved on: 
Friday, November 10, 2023

The Global Cash Logistics Market is expected to generate USD 30612.77 million by the end of 2028, up from USD 21053.89 million in 2022.

Key Points: 
  • The Global Cash Logistics Market is expected to generate USD 30612.77 million by the end of 2028, up from USD 21053.89 million in 2022.
  • The report tracks competitive developments, strategies, mergers and acquisitions and new product development.
  • A favourable growth element for the global Cash Logistics market is the increasing number of bank branches in the Americas and other regions across the world.
  • The growing population, as well as the growing urbanization rate, are driving up the Cash Logistics market.

Transportation Management Systems (TMS) Market to grow by USD 3.70 billion between 2022 - 2027, Growth driven by increasing number of smart-connected devices - Technavio

Retrieved on: 
Saturday, October 14, 2023

The potential growth difference for the transportation management systems (TMS) market between 2022 and 2027 is USD 3.70 billion.

Key Points: 
  • The potential growth difference for the transportation management systems (TMS) market between 2022 and 2027 is USD 3.70 billion.
  • The increasing number of smart-connected devices is notably driving the transportation management systems market growth.
  • The number of smart connected devices is increasing worldwide, and the total number of smart devices installed is also growing.
  • Furthermore, it becomes difficult for organizations to manage, monitor, and maintain data, as the number of devices is increasing.

Software-defined Vehicle Market worth $419.7 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Thursday, September 14, 2023

The ICE vehicle type segment is expected to account for the largest share of the software-defined vehicle market in 2023.

Key Points: 
  • The ICE vehicle type segment is expected to account for the largest share of the software-defined vehicle market in 2023.
  • The software in ICE-based vehicles can control the speed, steering, braking, and the environment and decide how to get around safely.
  • Hardware is expected to account for the largest share of the software-defined vehicle market in 2023.
  • Asia Pacific market is expected to witness the highest CAGR in the software-defined vehicle market during the forecast period.

Software-defined Vehicle Market worth $419.7 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Thursday, September 14, 2023

The ICE vehicle type segment is expected to account for the largest share of the software-defined vehicle market in 2023.

Key Points: 
  • The ICE vehicle type segment is expected to account for the largest share of the software-defined vehicle market in 2023.
  • The software in ICE-based vehicles can control the speed, steering, braking, and the environment and decide how to get around safely.
  • Hardware is expected to account for the largest share of the software-defined vehicle market in 2023.
  • Asia Pacific market is expected to witness the highest CAGR in the software-defined vehicle market during the forecast period.

Global Transportation Management System (TMS) Market Analysis 2023-2028: Revolutionizing Logistics Efficiency - Exponential Growth Amidst e-Commerce Sector Boon

Retrieved on: 
Monday, July 24, 2023

With the promise of significant cost savings through improved operational efficiency, reduced empty miles, and minimized transportation-related expenses, the TMS market is anticipated to witness unprecedented expansion.

Key Points: 
  • With the promise of significant cost savings through improved operational efficiency, reduced empty miles, and minimized transportation-related expenses, the TMS market is anticipated to witness unprecedented expansion.
  • This comprehensive market study delves into various segments of the transportation management system market, estimating its potential growth across offerings, transportation modes, solutions, services, verticals, end-users, and regions.
  • In the transportation management system market by services, consulting segment is expected to grow with the highest CAGR during the forecast period.
  • Improvements in machine-to-machine (M2M), mobile, and cloud technologies in transportation are the main causes of increased business process efficiency.

Agricultural Lighting Market worth $21.4 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Thursday, June 15, 2023

Modern lighting solutions incorporate intelligent control systems that utilize software to optimize lighting operations.

Key Points: 
  • Modern lighting solutions incorporate intelligent control systems that utilize software to optimize lighting operations.
  • HID lighting systems are available in various wattages, allowing for flexibility in meeting the lighting requirements of different crop types and sizes.
  • Asia Pacific region to hold the largest share of the agricultural lighting market in 2028.
  • The region's extensive agricultural operations, both in size and scale, generate substantial demand for agricultural lighting solutions, leading to a significant market share.