A new report has projected that the value of smart public transportation in Europe will be € 1.5 billion by 2019.Smart public transport covers a range of areas and includes global positioning systems (GPS) to accurately track public transport vehicles, collecting and monitoring real-time traffic data, and contactless or mobile ticketing.
The value of these technologies is therefore expected to show stable growth from its 2014 valuation of € 1 billion. One of the largest growth areas is wireless connections on buses and trams, which is expected to increase dramatically.
