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Smart Transportation Market: Global Industry Analysis and Forecast - 2027 The Global Smart Transportation market was valued at US $94.50 Bn. in 2020, and it is expected to reach US $191.30 Bn. by 2027 with a CAGR of 10.6% during the forecast period. Smart Transportation technology provides innovative services relating to different modes of transport and traffic management and enable users to be better informed and make smarter and safer and use of transport networks.