DALLAS, December 11, 2012 /PRNewswire/ -- According to a new market research report, " Smart Transportation Market - by Solutions (Ticketing Management, Parking Management, Passenger Information, Traffic Management), Services (Traditional, Advanced, Software) Worldwide Analysis and Forecasts (2012 - 2018)"published by MarketsandMarkets, the Smart Transportation market expected to reach more than $102.31 billion by 2018, at a CAGR of 23.6%. Browse 97 market data tables and 25 figures spread through 193 pages and in-depth TOC on"Smart Transportation Market - By Solutions (Ticketing Management, Parking Management, Passenger Information, Traffic Management), Services (Traditional, Advanced, Software) Worldwide Analysis And Forecasts (2012-2018)".http://www.marketsandmarkets.com/Market-Reports/smart-transportation-market-692.htmlEarly buyers will receive 10% customization on reports. Smart transportation is all about smartening the smart streets. This entails providing comprehensive real-time, data-driven capability for designing and implementing policies and operational strategies for traffic, public transport, and urban planning. The market for smart transportation is fuelled by the advancements across the information and communication technology (ICT) industry. The report on smart transportation report consists of the opportunity analysis of technology adoption across all solution and services market. The report focuses on estimating and forecasting the market potential of the major sub-segments of transportation, which are parking management & guidance, passenger information, integrated supervision, traffic management and ticketing management market. The report also covers the market potential for the services industry catering to smart transportation. These services include traditional services, advanced services, and software services, covering new technologies such as business analytics and cloud computing. The report also focuses on technologies & standards and analyzes market drivers, restraints, trends and opportunities, along with a study on key players, and the competitive outlook.