Global Smart Transportation Market Size, Industry Analysis By Segmentations, Top Key Players, Trends, Future Development & Forecast 2024-2035
- PUBLISHED ON
- 2/24/2023
- NO OF PAGES
- 290
- CATEGORY
- Construction & Manufacturing
Smart Transportation market report presents a global overview of market shares, size, statistics, trends, demand, revenue and growth opportunities by key players, regions and countries. This report offers a complete market overview during the past, present, and the forecast period till 2032 which helps to identify future opportunities, risk factors, growing areas. Report also highlight on recent developments, technological innovations, market affecting factors, demographics analysis, demand and supply chain which gives brief strategy of market growth during the forecast period. It also gives in-depth insights on SWOT and PESTLE analysis based on industry segmentations and regional developments.
Market Overview:
The report provides a basic overview of the industry including definitions, classifications, and industry chain structure. The Smart Transportation market analysis is provided for the international markets including development trends, competitive landscape analysis, and key regions development status. Development policies and plans are discussed as well as manufacturing processes and cost structures are also analyzed. This report also states import/export consumption, supply and demand, price, revenue and gross margins.
Report Scope:
The primary and secondary research is done in order to access up-to-date government regulations, market information and industry data. Data were collected from the Smart Transportation manufacturers, distributors, end users, industry associations, governments’ industry bureaus, industry publications, industry experts, third party database, and our in-house databases. The report combines extensive quantitative analysis and exhaustive qualitative analysis, ranges from a macro overview of the total market size, industry chain, and market dynamics to micro details of segment by type, application and region and as a result provides a holistic view of as well as a deep insight into the Smart Transportation market covering all its essential aspects.
Global Smart Transportation Market: Segmentations
Global Smart Transportation Market: Major Players
Cisco System Inc.
LG CNS Co. Ltd. (South Korea)
Xerox Corporation
IBM
GE Transportation
Q-Free ASA
Tomtom International
Alstom SA
Schneider Electric Co.
Accenture
Indra
Atkins
Kapsch TrafficCom AG
Siemens AG
Thales Group
Cubic Corporation
Global Smart Transportation Market: By Types
Ticketing Management System
Parking Management System
Integrated Supervision System
Traffic Management System
Global Smart Transportation Market: By Applications
Cloud Services
Business Services
Professional Services
Global Smart Transportation Market: Regional Analysis
The countries covered in the regional analysis of the Global Smart Transportation market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
Key Benefits:
• The analysis provides an overview of the factors driving and limiting the growth of the market including trends, structure and others.
• Market estimation for type and geographic segments is derived from the current market scenario and expected market trends.
• Porter’s Five Force Model and SWOT analysis are used to study the global Smart Transportation market and would help stakeholders make strategic decisions.
• The analysis assists in understanding the strategies adopted by the companies for the growth of this market.
• In-depth analysis of the types of Smart Transportation would help in identifying future applications in this market.
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
Objectives of the Study:
• To provide with an exhaustive analysis on the Smart Transportation Market by Product, By Application, By End User and by Region.
• To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
• To evaluate and forecast micro-markets and the overall market
• To predict the market size, in key regions— North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
• To record and evaluate competitive landscape mapping- product launches, technological advancements, mergers and expansions
Base Year: 2023Market Overview:
The report provides a basic overview of the industry including definitions, classifications, and industry chain structure. The Smart Transportation market analysis is provided for the international markets including development trends, competitive landscape analysis, and key regions development status. Development policies and plans are discussed as well as manufacturing processes and cost structures are also analyzed. This report also states import/export consumption, supply and demand, price, revenue and gross margins.
Report Scope:
The primary and secondary research is done in order to access up-to-date government regulations, market information and industry data. Data were collected from the Smart Transportation manufacturers, distributors, end users, industry associations, governments’ industry bureaus, industry publications, industry experts, third party database, and our in-house databases. The report combines extensive quantitative analysis and exhaustive qualitative analysis, ranges from a macro overview of the total market size, industry chain, and market dynamics to micro details of segment by type, application and region and as a result provides a holistic view of as well as a deep insight into the Smart Transportation market covering all its essential aspects.
Global Smart Transportation Market: Segmentations
Global Smart Transportation Market: Major Players
Cisco System Inc.
LG CNS Co. Ltd. (South Korea)
Xerox Corporation
IBM
GE Transportation
Q-Free ASA
Tomtom International
Alstom SA
Schneider Electric Co.
Accenture
Indra
Atkins
Kapsch TrafficCom AG
Siemens AG
Thales Group
Cubic Corporation
Global Smart Transportation Market: By Types
Ticketing Management System
Parking Management System
Integrated Supervision System
Traffic Management System
Global Smart Transportation Market: By Applications
Cloud Services
Business Services
Professional Services
Global Smart Transportation Market: Regional Analysis
The countries covered in the regional analysis of the Global Smart Transportation market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
Key Benefits:
• The analysis provides an overview of the factors driving and limiting the growth of the market including trends, structure and others.
• Market estimation for type and geographic segments is derived from the current market scenario and expected market trends.
• Porter’s Five Force Model and SWOT analysis are used to study the global Smart Transportation market and would help stakeholders make strategic decisions.
• The analysis assists in understanding the strategies adopted by the companies for the growth of this market.
• In-depth analysis of the types of Smart Transportation would help in identifying future applications in this market.
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
Objectives of the Study:
• To provide with an exhaustive analysis on the Smart Transportation Market by Product, By Application, By End User and by Region.
• To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
• To evaluate and forecast micro-markets and the overall market
• To predict the market size, in key regions— North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
• To record and evaluate competitive landscape mapping- product launches, technological advancements, mergers and expansions
Historic Year: 2016-2022
Forecast: 2024-2035
1 Smart Transportation Introduction and Market Overview
1.1 Objectives of the Study
1.2 Overview of Smart Transportation
1.3 Smart Transportation Market Scope and Market Size Estimation
1.3.1 Market Concentration Ratio and Market Maturity Analysis
1.3.2 Global Smart Transportation Revenue and Growth Rate from 2016-2026
1.4 Market Segmentation
1.4.1 Types of Smart Transportation
1.4.2 Applications of Smart Transportation
1.4.3 Research Regions
1.5 Market Dynamics
1.5.1 Smart Transportation Industry Trends
1.5.2 Smart Transportation Drivers
1.5.3 Smart Transportation Market Challenges
1.5.4 Smart Transportation Market Restraints
1.6 Industry News and Policies by Regions
1.6.1 Industry News
1.6.2 Industry Policies
1.7 Mergers & Acquisitions, Expansion Plans
1.8 Smart Transportation Industry Development Trends under COVID-19 Outbreak
1.8.1 Global COVID-19 Status Overview
1.8.2 Influence of COVID-19 Outbreak on Smart Transportation Industry Development
2 Industry Chain Analysis
2.1 Upstream Raw Material Supply and Demand Analysis
2.1.1 Global Smart Transportation Major Upstream Raw Material and Suppliers
2.1.2 Raw Material Source Analysis
2.2 Major Players of Smart Transportation
2.2.1 Major Players Manufacturing Base of Smart Transportation in 2020
2.2.2 Major Players Market Distribution in 2020
2.3 Smart Transportation Manufacturing Cost Structure Analysis
2.3.1 Production Process Analysis
2.3.2 Manufacturing Cost Structure of Smart Transportation
2.3.3 Labor Cost of Smart Transportation
2.4 Market Channel Analysis of Smart Transportation
2.5 Major Down Stream Customers by Application
3 Global Smart Transportation Market, by Type
3.1 Global Smart Transportation Revenue and Market Share by Type (2016-2021)
3.2 Global Smart Transportation Production and Market Share by Type (2016-2021)
3.3 Global Smart Transportation Revenue and Growth Rate by Type (2016-2021)
3.3.1 Global Smart Transportation Revenue and Growth Rate of Ticketing Management System
3.3.2 Global Smart Transportation Revenue and Growth Rate of Parking Management System
3.3.3 Global Smart Transportation Revenue and Growth Rate of Integrated Supervision System
3.3.4 Global Smart Transportation Revenue and Growth Rate of Traffic Management System
3.4 Global Smart Transportation Price Analysis by Type (2016-2021)
3.4.1 Explanation of Different Type Product Price Trends
4 Smart Transportation Market, by Application
4.1 Downstream Market Overview
4.2 Global Smart Transportation Consumption and Market Share by Application (2016-2021)
4.3 Global Smart Transportation Consumption and Growth Rate by Application (2016-2021)
4.3.1 Global Smart Transportation Consumption and Growth Rate of Cloud Services (2016-2021)
4.3.2 Global Smart Transportation Consumption and Growth Rate of Business Services (2016-2021)
4.3.3 Global Smart Transportation Consumption and Growth Rate of Professional Services (2016-2021)
5 Global Smart Transportation Consumption, Revenue ($) by Region (2016-2021)
5.1 Global Smart Transportation Revenue and Market Share by Region (2016-2021)
5.2 Global Smart Transportation Consumption and Market Share by Region (2016-2021)
5.3 Global Smart Transportation Consumption, Revenue, Price and Gross Margin (2016-2021)
5.4 North America Smart Transportation Consumption, Revenue, Price and Gross Margin (2016-2021)
5.4.1 North America Smart Transportation Market Under COVID-19
5.4.2 North America Smart Transportation SWOT Analysis
5.5 Europe Smart Transportation Consumption, Revenue, Price and Gross Margin (2016-2021)
5.5.1 Europe Smart Transportation Market Under COVID-19
5.5.2 Europe Smart Transportation SWOT Analysis
5.6 China Smart Transportation Consumption, Revenue, Price and Gross Margin (2016-2021)
5.6.1 China Smart Transportation Market Under COVID-19
5.6.2 China Smart Transportation SWOT Analysis
5.7 Japan Smart Transportation Consumption, Revenue, Price and Gross Margin (2016-2021)
5.7.1 Japan Smart Transportation Market Under COVID-19
5.7.2 Japan Smart Transportation SWOT Analysis
5.8 Middle East and Africa Smart Transportation Consumption, Revenue, Price and Gross Margin (2016-2021)
5.8.1 Middle East and Africa Smart Transportation Market Under COVID-19
5.8.2 Middle East and Africa Smart Transportation SWOT Analysis
5.9 India Smart Transportation Consumption, Revenue, Price and Gross Margin (2016-2021)
5.9.1 India Smart Transportation Market Under COVID-19
5.9.2 India Smart Transportation SWOT Analysis
5.10 South America Smart Transportation Consumption, Revenue, Price and Gross Margin (2016-2021)
5.10.1 South America Smart Transportation Market Under COVID-19
5.10.2 South America Smart Transportation SWOT Analysis
5.11 South Korea Smart Transportation Consumption, Revenue, Price and Gross Margin (2016-2021)
5.11.1 South Korea Smart Transportation Market Under COVID-19
5.11.2 South Korea Smart Transportation SWOT Analysis
5.12 Southeast Asia Smart Transportation Consumption, Revenue, Price and Gross Margin (2016-2021)
5.12.1 Southeast Asia Smart Transportation Market Under COVID-19
5.12.2 Southeast Asia Smart Transportation SWOT Analysis
6 Global Smart Transportation Production by Top Regions (2016-2021)
6.1 Global Smart Transportation Production by Top Regions (2016-2021)
6.2 North America Smart Transportation Production and Growth Rate
6.3 Europe Smart Transportation Production and Growth Rate
6.4 China Smart Transportation Production and Growth Rate
6.5 Japan Smart Transportation Production and Growth Rate
6.6 India Smart Transportation Production and Growth Rate
7 Global Smart Transportation Consumption by Regions (2016-2021)
7.1 Global Smart Transportation Consumption by Regions (2016-2021)
7.2 North America Smart Transportation Consumption and Growth Rate
7.3 Europe Smart Transportation Consumption and Growth Rate
7.4 China Smart Transportation Consumption and Growth Rate
7.5 Japan Smart Transportation Consumption and Growth Rate
7.6 Middle East & Africa Smart Transportation Consumption and Growth Rate
7.7 India Smart Transportation Consumption and Growth Rate
7.8 South America Smart Transportation Consumption and Growth Rate
7.9 South Korea Smart Transportation Consumption and Growth Rate
7.10 Southeast Asia Smart Transportation Consumption and Growth Rate
8 Competitive Landscape
8.1 Competitive Profile
8.2 Cisco System Inc. Market Performance Analysis
8.2.1 Company Profiles
8.2.2 Smart Transportation Product Profiles, Application and Specification
8.2.3 Cisco System Inc. Sales, Revenue, Price, Gross Margin 2016-2021
8.2.4 Company Recent Development
8.2.5 Strategies for Company to Deal with the Impact of COVID-19
8.3 LG CNS Co. Ltd. (South Korea) Market Performance Analysis
8.3.1 Company Profiles
8.3.2 Smart Transportation Product Profiles, Application and Specification
8.3.3 LG CNS Co. Ltd. (South Korea) Sales, Revenue, Price, Gross Margin 2016-2021
8.3.4 Company Recent Development
8.3.5 Strategies for Company to Deal with the Impact of COVID-19
8.4 Xerox Corporation Market Performance Analysis
8.4.1 Company Profiles
8.4.2 Smart Transportation Product Profiles, Application and Specification
8.4.3 Xerox Corporation Sales, Revenue, Price, Gross Margin 2016-2021
8.4.4 Company Recent Development
8.4.5 Strategies for Company to Deal with the Impact of COVID-19
8.5 IBM Market Performance Analysis
8.5.1 Company Profiles
8.5.2 Smart Transportation Product Profiles, Application and Specification
8.5.3 IBM Sales, Revenue, Price, Gross Margin 2016-2021
8.5.4 Company Recent Development
8.5.5 Strategies for Company to Deal with the Impact of COVID-19
8.6 GE Transportation Market Performance Analysis
8.6.1 Company Profiles
8.6.2 Smart Transportation Product Profiles, Application and Specification
8.6.3 GE Transportation Sales, Revenue, Price, Gross Margin 2016-2021
8.6.4 Company Recent Development
8.6.5 Strategies for Company to Deal with the Impact of COVID-19
8.7 Q-Free ASA Market Performance Analysis
8.7.1 Company Profiles
8.7.2 Smart Transportation Product Profiles, Application and Specification
8.7.3 Q-Free ASA Sales, Revenue, Price, Gross Margin 2016-2021
8.7.4 Company Recent Development
8.7.5 Strategies for Company to Deal with the Impact of COVID-19
8.8 Tomtom International Market Performance Analysis
8.8.1 Company Profiles
8.8.2 Smart Transportation Product Profiles, Application and Specification
8.8.3 Tomtom International Sales, Revenue, Price, Gross Margin 2016-2021
8.8.4 Company Recent Development
8.8.5 Strategies for Company to Deal with the Impact of COVID-19
8.9 Alstom SA Market Performance Analysis
8.9.1 Company Profiles
8.9.2 Smart Transportation Product Profiles, Application and Specification
8.9.3 Alstom SA Sales, Revenue, Price, Gross Margin 2016-2021
8.9.4 Company Recent Development
8.9.5 Strategies for Company to Deal with the Impact of COVID-19
8.10 Schneider Electric Co. Market Performance Analysis
8.10.1 Company Profiles
8.10.2 Smart Transportation Product Profiles, Application and Specification
8.10.3 Schneider Electric Co. Sales, Revenue, Price, Gross Margin 2016-2021
8.10.4 Company Recent Development
8.10.5 Strategies for Company to Deal with the Impact of COVID-19
8.11 Accenture Market Performance Analysis
8.11.1 Company Profiles
8.11.2 Smart Transportation Product Profiles, Application and Specification
8.11.3 Accenture Sales, Revenue, Price, Gross Margin 2016-2021
8.11.4 Company Recent Development
8.11.5 Strategies for Company to Deal with the Impact of COVID-19
8.12 Indra Market Performance Analysis
8.12.1 Company Profiles
8.12.2 Smart Transportation Product Profiles, Application and Specification
8.12.3 Indra Sales, Revenue, Price, Gross Margin 2016-2021
8.12.4 Company Recent Development
8.12.5 Strategies for Company to Deal with the Impact of COVID-19
8.13 Atkins Market Performance Analysis
8.13.1 Company Profiles
8.13.2 Smart Transportation Product Profiles, Application and Specification
8.13.3 Atkins Sales, Revenue, Price, Gross Margin 2016-2021
8.13.4 Company Recent Development
8.13.5 Strategies for Company to Deal with the Impact of COVID-19
8.14 Kapsch TrafficCom AG Market Performance Analysis
8.14.1 Company Profiles
8.14.2 Smart Transportation Product Profiles, Application and Specification
8.14.3 Kapsch TrafficCom AG Sales, Revenue, Price, Gross Margin 2016-2021
8.14.4 Company Recent Development
8.14.5 Strategies for Company to Deal with the Impact of COVID-19
8.15 Siemens AG Market Performance Analysis
8.15.1 Company Profiles
8.15.2 Smart Transportation Product Profiles, Application and Specification
8.15.3 Siemens AG Sales, Revenue, Price, Gross Margin 2016-2021
8.15.4 Company Recent Development
8.15.5 Strategies for Company to Deal with the Impact of COVID-19
8.16 Thales Group Market Performance Analysis
8.16.1 Company Profiles
8.16.2 Smart Transportation Product Profiles, Application and Specification
8.16.3 Thales Group Sales, Revenue, Price, Gross Margin 2016-2021
8.16.4 Company Recent Development
8.16.5 Strategies for Company to Deal with the Impact of COVID-19
8.17 Cubic Corporation Market Performance Analysis
8.17.1 Company Profiles
8.17.2 Smart Transportation Product Profiles, Application and Specification
8.17.3 Cubic Corporation Sales, Revenue, Price, Gross Margin 2016-2021
8.17.4 Company Recent Development
8.17.5 Strategies for Company to Deal with the Impact of COVID-19
9 Global Smart Transportation Market Analysis and Forecast by Type and Application
9.1 Global Smart Transportation Market Revenue & Volume Forecast, by Type (2021-2026)
9.1.1 Ticketing Management System Market Revenue and Volume Forecast (2021-2026)
9.1.2 Parking Management System Market Revenue and Volume Forecast (2021-2026)
9.1.3 Integrated Supervision System Market Revenue and Volume Forecast (2021-2026)
9.1.4 Traffic Management System Market Revenue and Volume Forecast (2021-2026)
9.2 Global Smart Transportation Market Revenue & Volume Forecast, by Application (2021-2026)
9.2.1 Cloud Services Market Revenue and Volume Forecast (2021-2026)
9.2.2 Business Services Market Revenue and Volume Forecast (2021-2026)
9.2.3 Professional Services Market Revenue and Volume Forecast (2021-2026)
10 Smart Transportation Market Supply and Demand Forecast by Region
10.1 North America Market Supply and Demand Forecast (2021-2026)
10.2 Europe Market Supply and Demand Forecast (2021-2026)
10.3 China Market Supply and Demand Forecast (2021-2026)
10.4 Japan Market Supply and Demand Forecast (2021-2026)
10.5 Middle East and Africa Market Supply and Demand Forecast (2021-2026)
10.6 India Market Supply and Demand Forecast (2021-2026)
10.7 South America Market Supply and Demand Forecast (2021-2026)
10.8 South Korea Market Supply and Demand Forecast (2021-2026)
10.9 Southeast Asia Market Supply and Demand Forecast (2021-2026)
10.10 Explanation of Market Size Trends by Region
10.11 Smart Transportation Market Trends Analysis
11 New Project Feasibility Analysis
11.1 Industry Barriers and New Entrants SWOT Analysis
11.2 Analysis and Suggestions on New Project Investment
12 Expert Interview Record
13 Research Finding and Conclusion
14 Appendix
14.1 Methodology
14.2 Research Data Source
Quality Assurance Process
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We Market Research senior executive is assigned to each consulting engagement and works closely with the project team to deliver as per the clients expectations.
Market Research Process
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To mitigate risks that can impact project success, we deploy the follow project delivery best practices:
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Case Study- Automotive Sector
One of the key manufacturers of automotive had plans to invest in electric utility vehicles. The electric cars and associated markets being a of evolving nature, the automotive client approached Straits Research for a detailed insight on the market forecasts. The client specifically asked for competitive analysis, regulatory framework, regional prospects studied under the influence of drivers, challenges, opportunities, and pricing in terms of revenue and sales (million units).
Solution
The overall study was executed in three stages, intending to help the client meet its objective of precisely understanding the entire market before deciding on an investment. At first, secondary research was conducted considering political, economic, social, and technological parameters to get a gist of the various aspects of the market. This stage of the study concluded with the derivation of drivers, opportunities, and challenges. It also laid substantial emphasis on understanding and collecting data not only on a global scale but also on the regional and country levels. Data Extraction through Primary Research
The second stage involved primary research in which several market players and automotive parts suppliers were contacted to study their viewpoint concerning the development of their market and production capacity, clientele, and product line. This stage concluded in a brief understanding of the competitive ecosystem and also glanced through the strategies and pricing of the companies profiled.
Market Estimates and Forecast
In the final stage of the study, market forecasts for the electric utility were derived using multiple market engineering approaches. This data helped the client to get an overview of the market and accelerate the process of investment.
Case Study- ICT Sector
Business process outsourcing, being one of the lucrative markets from both supply- and demand- side, has appealed to various companies. One of the prominent corporations based out of Japan approached us with their requirements regarding the scope of the procurement outsourcing market for around 50 countries. Additionally, the client also sought key players operating in the market and their revenue breakdown in terms of region and application.
Business Solution
An exhaustive market study was conducted based on primary and secondary research that involved factors such as labor costs in various countries, skilled and technical labors, manufacturing scenario, and their respective contributions in the global GDP. A comparative study of the market was conducted from both supply- and demand side, with the supply-side comprising of notable companies, such as GEP, Accenture, and others, that provide these services. On the other hand, large manufacturing companies from them demand-side were considered that opt for these services.
Conclusion
The report aided the client in understanding the market trends, including country-level business scenarios, consumer behavior, and trends in 50 countries. The report also provided financial insights of crucial players and detailed market estimations and forecasts till 2028.
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