Friday 24th September 2021
Category

Transport

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Smart transportation market is predicted to grow as enabling 5G network & COVID-19 impact

The global smart transportation market was valued at US$57.9 billion (€49.50 billion) in 2018 and is expected to reach US$191.3 billion (€163.55 billion) in 2026, growing at a CAGR of 16.4% during the forecast period. Rising population demands, increased safety and convenience, are some of major benefits offered by smart transportation which are driving the growth of the smart transportation market globally. 

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