Global Intelligent Transportation System Market Size & Outlook
The intelligent transportation system industry worldwide is expected to reach a projected revenue of US$ 89,014.2 million by 2030. A compound annual growth rate of 8.4% is expected of the worldwide intelligent transportation system industry from 2024 to 2030.
Revenue, 2023 (US$M)
$50,688.0
Forecast, 2030 (US$M)
$89,014.2
CAGR, 2024 - 2030
8.4%
Report Coverage
Worldwide
Global intelligent transportation system market, 2018-2030 (US$M)
Related Markets
Global intelligent transportation system market highlights
- The global intelligent transportation system market generated a revenue of USD 50,688.0 million in 2023 and is expected to reach USD 89,014.2 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 8.4% by 2030.
- In terms of segment, roadway accounted for a revenue of USD 22,329.4 million in 2023.
- Airway is the most lucrative transportation mode segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, Germany is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 50,688.0 million |
| Market revenue in 2030 | USD 89,014.2 million |
| Growth rate | 8.4% (CAGR from 2023 to 2030) |
| Largest segment | Roadway |
| Fastest growing segment | Airway |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Roadway, Railway, Airway, Maritime |
Other key industry trends
- In terms of revenue, the North America accounted for 35.9% of the global intelligent transportation system market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Germany is the fastest growing regional market and is projected to reach USD 4,534.1 million by 2030.
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Intelligent Transportation System Market Scope
Intelligent transportation system market segmentation & scope
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Intelligent Transportation System Market Companies
| Name | Profile | # Employees | HQ | Website |
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Global intelligent transportation 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 transportation system market will help companies and investors design strategic landscapes.
roadway was the largest segment with a revenue share of 44.05% in 2023. Horizon Databook has segmented the Global intelligent transportation system market based on roadway, railway, airway, maritime covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Intelligent Transportation System Transportation Mode Outlook (Revenue, USD Million, 2018-2030)
- Roadway
- Hardware
- Interface Boards
- Sensors
- Surveillance Cameras
- Telecommunication Networks
- Monitoring and Detection Systems
- Others
- Software
- Visualization Software
- Video Detection Management Software
- Transit Management Software
- Others
- Services
- Cloud services
- Business services
- Professional services
- Hardware
- Railway
- Hardware
- Interface Boards
- Sensors
- Surveillance Cameras
- Telecommunication Networks
- Monitoring and Detection Systems
- Others
- Software
- Visualization Software
- Video Detection Management Software
- Transit Management Software
- Others
- Services
- Cloud services
- Business services
- Professional services
- Hardware
- Airway
- Hardware
- Interface Boards
- Sensors
- Surveillance Cameras
- Telecommunication Networks
- Monitoring and Detection Systems
- Others
- Software
- Visualization Software
- Video Detection Management Software
- Transit Management Software
- Others
- Services
- Cloud services
- Business services
- Professional services
- Hardware
- Maritime
- Hardware
- Interface Boards
- Sensors
- Surveillance Cameras
- Telecommunication Networks
- Monitoring and Detection Systems
- Others
- Software
- Visualization Software
- Video Detection Management Software
- Transit Management Software
- Others
- Services
- Cloud services
- Business services
- Professional services
- Hardware
- Roadway
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Target buyers of Global intelligent transportation system market databook
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Our clientele includes a mix of intelligent transportation system market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global intelligent transportation system market , including forecasts for subscribers. This global databook contains high-level insights into Global intelligent transportation system market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global intelligent transportation system market statistics, by regions, 2018-2030 (US$M)
Top 10 countries: Intelligent transportation system market size, 2023 (USD Million)
Top 10 countries: Intelligent transportation system market size, 2023 (USD Million)
Global intelligent transportation system market, by region, 2023 (US$M)
Related regional statistics
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