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

Published Date: August - 2024 | Publisher: MIR | No of Pages: 320 | Industry: latest updates trending Report | Format: Report available in PDF / Excel Format

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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.

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Global Public Transportation Software Market Overview

As countries develop and move away from farming, cities tend to grow – it's pretty much inevitable. And with all the cool new tech advancements like automation popping up, things are only speeding up! All this urbanization, plus more cars and more people using IoT devices, should mean big things for the Public Transportation Software Market. However, it’s not all sunshine and roses; the lack of a single, standard technology and the headache of trying to get new systems to work with old ones could slow things down. On the flip side, the wave of DX sweeping through developing countries is expected to create some awesome opportunities for the market to expand in the years to come.

As a country focuses less on farming and more on factories, cities naturally grow. And with tech getting better all the time – think automation and new technology everywhere – this urbanization thing is happening even faster. More cars on the road, more folks moving to cities, and more connected devices are all pointing to some big chances for companies in the Public Transportation Software Market. But, not everything's smooth sailing. The fact that there aren't set rules for how everything works together, and that it's tricky to link new stuff to old systems, could slow things down. On the bright side, developing countries are going digital fast, and that should open up some great chances for this market to really take off.

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

Report AttributesDetails
Study Period

2021-2031

Base Year

2024

Forecast Period

2024-2031

Historical Period

2021-2023

Unit

Value (USD Billion)

Key Companies Profiled

Telenav Inc., ESRI Inc., Ecolane, Trip Master, Optibus.

Segments Covered
  • By Deployment Model
  • By Application
  • By Geography
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Reasons to Purchase this Report

We take a deep dive into the market, looking at both the numbers (quantitative) and the "why" behind them (qualitative), using segmentation that considers everything from economics to social trends. You'll get market values (in USD Billion) broken down for each segment and sub-segment, plus we'll pinpoint which regions and segments are predicted to grow the fastest and become market leaders. Our analysis goes deep into each region, exploring product/service consumption and the factors influencing the market there. We also map out the competitive landscape, ranking key players and highlighting their recent moves – new launches, partnerships, expansions, and acquisitions – over the last five years. You'll find detailed company profiles with overviews, insights, product comparisons, and SWOT analysis for the major players. We’ll give you both the current and future market outlook, keeping an eye on recent happenings, growth opportunities, drivers, challenges, and restraints in both emerging and developed regions. We offer an in-depth look at the market through the lens of Porter's five forces and give you a clear understanding of the Value Chain. Finally, we'll walk you through the market dynamics and point out growth opportunities for the years ahead, plus you'll get 6 months of analyst support after the sale to help you make sense of it all.

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