Intelligent Transportation System Market Report – 2025 Outlook, Trends, Share, Size & Forecast
MarkNtel Advisors has unveiled its latest research report on the Intelligent Transportation System Market, providing an in-depth analysis of market dynamics, growth prospects, and competitive landscape. This report serves as a valuable resource for stakeholders aiming to capitalize on emerging opportunities and navigate potential challenges in the Intelligent Transportation System industry.
Intelligent Transportation System Market Size: 2025 Outlook
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.
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📘 Scope of the Report
- Forecasts till 2030 with year-wise market breakdown
- Geographical and segment-level analysis
- Company profiles and strategic insights
- Key market drivers and restraints
- Analysis of market trends and investment opportunities
Which prominent factor is expected to drive the Intelligent Transportation System Market during 2025-30?
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.
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Intelligent Transportation System Market Segmentation
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
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.)
By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
Industry Leaders: Who’s Dominating the Intelligent Transportation System Market?
The market is highly competitive, with players launching innovation-driven products and investing in strategic partnerships. Key participants include:
- 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
These companies are focused on health-based R&D, expansion, and functional ingredient diversification.
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Frequently Asked Questions (FAQs)
- What are the main drivers of the Intelligent Transportation System market?
- Which segment leads the Intelligent Transportation System industry?
- What regulatory challenges impact product development?
- Who are the top players in the Intelligent Transportation System industry?
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