Policies are introduced to promote the development of intelligent transportation
Transportation is an important link connecting cities and has a decisive impact on the flow of production factors and the development of urban systems. The competent departments of the intelligent transportation industry give instructions on the development strategy, principles, policies and regulations of the intelligent transportation industry; the industry's development plan, medium and long-term plans; industry technical standards and specifications, etc. The "Digital Transportation Development Plan Outline" points out that by 2025, the digital upgrading of all elements and full cycles of transportation infrastructure and transportation equipment will take new steps. Transportation will become the main civilian industry of Beidou Navigation, and fifth-generation mobile communications (5G) Waiting for public network and new generation satellite communication system to initially realize industry applications. The "Action Outline for Promoting the Development of Integrated Transportation Big Data (2020-2025)" points out that by 2025, the comprehensive transportation big data standard system will be more complete, and large-scale and systematic big data such as infrastructure and transportation vehicles will be basically completed.
Intelligent transportation investment promotes the expansion of the intelligent transportation market
With the strong support of national policies, various provinces and cities in my country have invested in the intelligent transportation market. In March 2020, Jiangsu Province spent 641.3 trillion yuan to build the first phase of the public security intelligent transportation big data center, cloud platform server hardware and software projects. In November 2019, Yantai City invested 2.7278 million yuan to build the Yantai Public Security Bureau Traffic Police Detachment Intelligent Traffic Management Service System Project.
In terms of investment in smart transportation, according to the Intelligent Transportation Network ITS114, the top 10 companies with tens of millions of smart transportation projects in China in 2019 include Hisense Network Technology, China Mobile, China Unicom, etc. Among them, Hisense Network Technology, with its balanced and stable performance in the traffic control and intelligent transportation sectors, ranked first in the list of companies that won bids for tens of millions of projects in my country's urban intelligent transportation market in 2019. The "Cloud Brain" strategy of the world's leading artificial intelligence product system architecture launched by Hisense Network covers four major sub-platforms, including City Cloud Brain, Traffic Management Cloud Brain, Traffic Cloud Brain, and Public Security Cloud Brain, providing solutions for intelligent transportation, smart cities, and public security. *The development and empowerment of safety and other industries has been implemented in 137 cities across the country.
In terms of mergers and reorganizations in the intelligent transportation industry, the mergers and reorganizations of the industry are initially underway, and market concentration is expected to increase. With the increase in market participants, the industry competition landscape is gradually changing. From 2018 to 2019, the scale of investment and acquisition in my country's intelligent transportation field exceeded 100 million yuan. Among them, in June 2019, Alibaba acquired 15% of Beijing Qianfang Technology Co., Ltd. held by Beijing Zhongzhi Huitong Information Technology Co., Ltd., Xia Shudong, and Beijing Jianxin Equity Investment Fund (Limited Partnership) for RMB 3.595 billion. Qianfang Technology is an intelligent transportation data service provider that focuses on developing and providing industry technologies and products. Its business covers urban transportation, highway transportation, rail transportation, civil aviation and other fields. It is committed to forming a company from products to solutions, from cloud data to travel. It provides a complete industrial chain from hardware infrastructure to software intelligence center. Through this cooperation, Qianfang Technology will receive support from Alibaba Cloud in terms of technology, products and services, promote the upgrading of the company's core technical capabilities such as artificial intelligence, help the company improve its competitiveness in many aspects such as market development, and consolidate its position in intelligent transportation. status in other fields. Alibaba has also laid out its plans in the fields of intelligent transportation and security.
According to data released by the China Intelligent Transportation Association, the size of my country's intelligent transportation market in 2010 was only 10.92 billion yuan. By 2017, the size of my country's intelligent transportation market had risen to 51.59 billion yuan. It is expected that in 2020, the size of my country's intelligent transportation market The scale will reach the level of 100 billion yuan.
——For more data and analysis, please refer to the "China Intelligent Transportation Industry Market Forecast and Investment Strategic Planning Analysis Report" by the Qianzhan Industry Research Institute.