Spain Intelligent Traffic Management System Market Size & Outlook
Spain intelligent traffic management system market, 2018-2030 (US$M)
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Spain intelligent traffic management system market highlights
- The Spain intelligent traffic management system market generated a revenue of USD 393.6 million in 2024 and is expected to reach USD 869.2 million by 2030.
- The Spain market is expected to grow at a CAGR of 14.8% from 2025 to 2030.
- In terms of segment, traffic monitoring system was the largest revenue generating solution in 2024.
- Intelligent Driver Information System is the most lucrative solution segment registering the fastest growth during the forecast period.
Intelligent traffic management system market data book summary
| Market revenue in 2024 | USD 393.6 million |
| Market revenue in 2030 | USD 869.2 million |
| Growth rate | 14.8% (CAGR from 2025 to 2030) |
| Largest segment | Traffic monitoring system |
| Fastest growing segment | Intelligent Driver Information System |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Traffic Monitoring System, Traffic Signal Control System, Traffic Enforcement Camera, Integrated Corridor Management, Intelligent Driver Information System, Other |
| Key market players worldwide | Thales, International Business Machines Corp, Portland General Electric Co, Siemens AG, TomTom NV, Q-Free ASA Ordinary Shares, Transcore, Cubic Corporation, Atkins, Kapsch Group |
Other key industry trends
- In terms of revenue, Spain accounted for 3.2% of the global intelligent traffic management system market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany intelligent traffic management system market is projected to lead the regional market in terms of revenue in 2030.
- Denmark is the fastest growing regional market in Europe and is projected to reach USD 861.3 million by 2030.
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Intelligent Traffic Management System Market Scope
Intelligent Traffic Management System Market Companies
| Name | Profile | # Employees | HQ | Website |
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Spain intelligent traffic management system market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to intelligent traffic management system market will help companies and investors design strategic landscapes.
Traffic monitoring system was the largest segment with a revenue share of 23.65% in 2024. Horizon Databook has segmented the Spain intelligent traffic management system market based on traffic monitoring system, traffic signal control system, traffic enforcement camera, integrated corridor management, intelligent driver information system, other covering the revenue growth of each sub-segment from 2018 to 2030.
Increasing government investments to improve the overall transportation infrastructure in the region are expected to drive the adoption of intelligent traffic management systems. Funding for projects that focus on improving traffic safety and efficiency can contribute to market growth.
For instance, in June 2023, EU announced that it will be investing around USD 6.5 billion for building an efficient transport infrastructure across the region. Under this, 11 infrastructure projects will receive funding from the EU, thus supporting the growth of the ITMS market in Spain.
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Horizon Databook provides a detailed overview of country-level data and insights on the Spain intelligent traffic management system market , including forecasts for subscribers. This country databook contains high-level insights into Spain intelligent traffic management system market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Spain intelligent traffic management system market size, by solution, 2018-2030 (US$M)
Spain Intelligent Traffic Management System Market Outlook Share, 2024 & 2030 (US$M)
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