Intelligent Transportation System Market Insights, Share & Growth Trends 2025 to 2030

Markntel Advisors’ report, Intelligent Transportation System Research Report: Trend, Business Growth, Size, Future Scope, Segmentation, Dynamics, and Forecast to 2030, offers a comprehensive guide for the growing industry. The expert team of analysts dedicated significant effort to gathering and evaluating the latest market data, resulting in a detailed and up-to-date report that offers valuable insights for individuals who rely on data-driven decisions, including business owners and analysts. The research report on the Intelligent Transportation System presents well-researched facts and figures pertinent to the industry, whether the goal is to explore new markets, launch a new product, or maintain a competitive advantage.

Intelligent Transportation System Market Research Report & Market Summary:

The Global Intelligent Transportation System Market size was valued at around USD 48.88 billion in 2024 and is projected to reach USD 66.19 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 6.1% during the forecast period, i.e., 2025-30. The market growth is aided by the surging need for an advanced traffic management solution to reduce the increasing traffic congestion & the incompatibility of old infrastructure and traditional traffic management systems with a heightened number of vehicles on the road. Moreover, the ever-rising figures of vehicles & increasing single-passenger four-wheeler vehicle figures due to hiker car purchases owing to high living standards and surging disposable income are raising the demand for the market.

If you’re interested in the assumptions considered in this study, you can download the PDF brochure- https://www.marknteladvisors.com/query/request-sample/global-intelligent-transportation-system-market.html

Intelligent Transportation System Market Dynamics:

Key Driver-

Ever-Growing Need to Reduce Traffic Congestion - The increasing traffic congestion due to the rising number of vehicle purchases resulting from enhanced living standards & disposable income is pushing the demand for a smart transportation system. Thus, the traffic issues like congestion and many private vehicles on the road incompatible with traditional infrastructural designs and traffic systems are driving the market. Additionally, it provides limitless solutions to traffic and road issues by assisting drivers and passengers, reducing accident chances by delivering advanced and fast suggestions, and leading the traffic by calculating numerous dimensions from vehicles to infrastructures. Therefore, the industry is expected to expand exponentially, further enhancing the Global Intelligent Transportation System Market size.

Intelligent Transportation System Market Segmentation Analysis:

According to MarkNtel study the market is segmented into the following categories:

By Component

Hardware- Market Size & Forecast 2020-2030, USD Million
- Sensors- Market Size & Forecast 2020-2030, USD Million
- Interface Boards- Market Size & Forecast 2020-2030, USD Million
- Surveillance Cameras- Market Size & Forecast 2020-2030, USD Million
- Monitoring & Detection System- Market Size & Forecast 2020-2030, USD Million
- Telecommunication Network- Market Size & Forecast 2020-2030, USD Million
- Others (Electronic Toll Collection (ETC) Systems, Variable Message Signs (VMS), etc.) - Market Size & Forecast 2020-2030, USD Million
Software- Market Size & Forecast 2020-2030, USD Million
- Visualization Software- Market Size & Forecast 2020-2030, USD Million
- Transit Management System- Market Size & Forecast 2020-2030, USD Million
- Video Detection Management Software- Market Size & Forecast 2020-2030, USD Million
- Others (Fleet Management Software, Smart Parking Software, etc.) - Market Size & Forecast 2020-2030, USD Million
Services- Market Size & Forecast 2020-2030, USD Million
- Professional- Market Size & Forecast 2020-2030, USD Million
- Managed- Market Size & Forecast 2020-2030, USD Million

By Type

Advanced Public Transportation System (APTS) - Market Size & Forecast 2020-2030, USD Million
Advanced Traffic Management System (ATMS) - Market Size & Forecast 2020-2030, USD Million
Advanced Traveler Information System (ATIS) - Market Size & Forecast 2020-2030, USD Million
Advanced Transport Pricing System (ATPS) - Market Size & Forecast 2020-2030, USD Million
Advanced Rural Transportation System (ARTS) - Market Size & Forecast 2020-2030, USD Million
Commercial Vehicle Operation (CVO) - Market Size & Forecast 2020-2030, USD Million
Others (Emergency Vehicle Priority (EVP) Systems, Intelligent Parking Management System, etc.) - Market Size & Forecast 2020-2030, USD Million

Amongst all, Advanced Traffic Management System (ATMS) is expected to garner the largest market share in the forecasting period.

By Application

Roadways - Market Size & Forecast 2020-2030, USD Million
- Intelligent Traffic Control- Market Size & Forecast 2020-2030, USD Million
  - Traffic Monitoring Systems- Market Size & Forecast 2020-2030, USD Million
  - Traffic Signal Control Systems- Market Size & Forecast 2020-2030, USD Million
  - Traffic Enforcement Cameras- Market Size & Forecast 2020-2030, USD Million
  - Variable Traffic Message Signboards- Market Size & Forecast 2020-2030, USD Million
- Collision Avoidance- Market Size & Forecast 2020-2030, USD Million
- Parking Management- Market Size & Forecast 2020-2030, USD Million
- Passenger Information Management- Market Size & Forecast 2020-2030, USD Million
- Ticketing Management- Market Size & Forecast 2020-2030, USD Million
- Emergency Vehicle Notification- Market Size & Forecast 2020-2030, USD Million
- Automotive Telematics- Market Size & Forecast 2020-2030, USD Million
- Fleet Management and Asset Monitoring- Market Size & Forecast 2020-2030, USD Million
Railways- Market Size & Forecast 2020-2030, USD Million
- Rail-running Operation and Collision Avoidance- Market Size & Forecast 2020-2030, USD Million
- Passenger Information Management- Market Size & Forecast 2020-2030, USD Million
- Smart Ticketing- Market Size & Forecast 2020-2030, USD Million
- Security & Surveillance- Market Size & Forecast 2020-2030, USD Million
- Emergency Notification- Market Size & Forecast 2020-2030, USD Million
- Others (Railway Traffic Management, Predictive Maintenance, etc.) - Market Size & Forecast 2020-2030, USD Million
Airways- Market Size & Forecast 2020-2030, USD Million
- Security & Surveillance- Market Size & Forecast 2020-2030, USD Million
- Traveler Information Management- Market Size & Forecast 2020-2030, USD Million
- Smart Ticketing- Market Size & Forecast 2020-2030, USD Million
- Aircraft Management- Market Size & Forecast 2020-2030, USD Million
- Emergency Notification- Market Size & Forecast 2020-2030, USD Million
- Others (Flight Planning and Optimization, Aircraft Diagnostics and Health Monitoring, etc.) - Market Size & Forecast 2020-2030, USD Million
Maritime- Market Size & Forecast 2020-2030, USD Million
- Freight Arrival & Transit- Market Size & Forecast 2020-2030, USD Million
- Real-time Weather Information Tracking- Market Size & Forecast 2020-2030, USD Million
- Container Movement Scheduling- Market Size & Forecast 2020-2030, USD Million
- Emergency Notification- Market Size & Forecast 2020-2030, USD Million
- Others (Marine Traffic Analytics, Maritime Security, etc.) - Market Size & Forecast 2020-2030, USD Million

By Deployment

Cloud- Market Size & Forecast 2020-2030, USD Million
On-Premise- Market Size & Forecast 2020-2030, USD Million

By End User

Traffic Management
Freight Management
Road Tolling System
Road Safety and Security
Public Transport
Environment Protection
Parking Management
Others (Automotive Telematics, etc.)

Here, the Traffic Management segment is projected to mark prominent growth by garnering the major market share in the forecast period.

By Region

North America
South America
Europe
The Middle East & Africa
Asia-Pacific.

Globally, North America dominated the industry with the largest market share during the historical period and is anticipated to continue in the same trend in the forecast period.

As indicated in the latest market research report published by Markntel Advisors, “Intelligent Transportation System Research Report: Forecast (2025-2030)”, this report offers a detailed analysis of the industry, featuring insights into the Intelligent Transportation System industry. It encompasses competitor and geographical analyses, as well as recent advancements in the market.

Browse Full Report Along with TOC and Figures - https://www.marknteladvisors.com/research-library/global-intelligent-transportation-system-market.html

Top Companies Operating in the Intelligent Transportation System Market:

Denso Corporation
Iteris
Lanner Electronics
Agero
EFKON
Cisco
Flir System
Siemens
TransCore
Citilog
Hitachi, Ltd
Garmin Ltd
Sensys Networks, Inc.
Kapsch TrafficCom AG
IBI Group

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Key Report Highlights:

Market Dimensions & Projections
Pricing Evaluation,
Recent Strategic Moves by Companies,
Primary Stakeholders,
Analysis of Import and Export Trends,
Competitive Landscape Assessment,
Emerging Opportunities,
Market Trends and Indicators

Note - If there are any particular details you need that are not currently included in the report, we will be happy to provide them as part of our customization services.

Frequently Asked Questions (FAQs)-

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