Global Public Transportation Software Market Size By Deployment Model (Cloud Based, Web Based), By Application (Large Enterprises, SMEs), By Geographic Scope And Forecast

Public Transportation Software Market Size And Forecast

Public Transportation Software Market size was valued at USD 0.863 Billion in 2024 and is projected to reach USD 1.332 Billion by 2031, growing at a CAGR of 5.95% during the forecast period 2024-2031.

The increasing demand for efficient and improved transportation services by the public or masses is a vital factor driving the growth of the global Public Transportation Software Market. The Global Public Transportation Software Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

Global Public Transportation Software Market Definition

Public transportation software offers administrative support to transportation agencies along with fleet and passenger management. The software for companies is similar to fleet management software. Public transport software, however, includes passenger-oriented features. So rather than maintenance being central to public transit software suites, routes, maps, and ticketing are primary, as well as communicating these to bus and shuttle riders. At present public transportation software is provided by specialized vendors who operate primarily or exclusively in the public transit vertical.

Global Public Transportation Software Market Overview

Urbanization is inevitable as a country’s production moves away from agriculture and towards industry. With the increasing advancements in technology, factors such as automation and the implementation of technology in various industries vectors are leading to an increased rate of urbanization. The rising number of vehicles, urbanization, and increasing IoT acceptance are projected to open up many growth opportunities for the Public Transportation Software Market. However, the lack of standardized and uniform technology and complexities in integration over legacy systems and networks is likely to hamper the growth of the market. Moreover, increasing digital transformation in developing economies is expected to provide lucrative opportunities for the market to grow over the forecast period.

Urbanization is inevitable as a country’s production moves away from agriculture and towards industry. With the increasing advancements in technology, factors such as automation and the implementation of technology in various industries vectors are leading to an increased rate of urbanization. The rising number of vehicles, urbanization, and increasing IoT acceptance are projected to open up many growth opportunities for the Public Transportation Software Market. However, the lack of standardized and uniform technology and complexities in integration over legacy systems and networks are likely to hamper the growth of the market. Moreover, increasing digital transformation in developing economies is expected to provide lucrative opportunities for the market to grow over the forecast period.

Global Public Transportation Software MarketSegmentation Analysis

The Global Public Transportation Software Market is segmented on the basis of Deployment Model, Application, and Geography.

Public Transportation Software Market, By Deployment Model

• Cloud Based
• Web Based

Based on Deployment Model, the market is bifurcated into Cloud Based and Web Based. Cloud Based accounted for the largest market share in 2019. The cloud-based application also offers benefits like storage of data in the cloud for both public and private transportation agencies allowing them to access the data in real-time.

Public Transportation Software Market, By Application

• Large Enterprises
• SMEs

Based on Application, the market is bifurcated into Large Enterprises and SMEs. Large Enterprises accounted for the largest market share in 2019.

Public Transportation Software Market, By Geography

• North America
• Europe
• Asia Pacific
• Rest of the world

On the basis of Regional Analysis, the Global Public Transportation Software Market is classified into North America, Europe, Asia Pacific, and the Rest of the world. North America is expected to hold the largest market share in the forecast period. The attendance of significant players such as Microsoft and Google will boost the market growth with the help of incorporating technological advancements in the product portfolio. Increased disbursements of enterprises in Research and Development would expand the market growth across the region.

Key Players

The “Global Public Transportation Software Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are Telenav Inc., ESRI Inc., Ecolane, Trip Master, Optibus, and Others. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

Report Scope

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Reasons to Purchase this Report

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors.• Provision of market value (USD Billion) data for each segment and sub-segment.• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market.• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region.• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled.• Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions.• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis.• Provides insight into the market through Value Chain.• Market dynamics scenario, along with growth opportunities of the market in the years to come.• 6-month post-sales analyst support.

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