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 2023USD 50,688.0 million
Market revenue in 2030USD 89,014.2 million
Growth rate8.4% (CAGR from 2023 to 2030)
Largest segmentRoadway
Fastest growing segmentAirway
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationRoadway, 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

Intelligent Transportation System Market Companies

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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
    • 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
    • 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
    • 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

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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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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.

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Global intelligent transportation system market size, by regions, 2018-2030 (US$M)

Top 10 countries: Intelligent transportation system market size, 2023 (US$M)

Global intelligent transportation system market share, by transportation mode, 2023 & 2030 (%, US$M)

Intelligent transportation system market: Opportunity assessment by country

Global intelligent transportation system market, by region, 2023 (US$M)

Global intelligent transportation system market size, by regions, 2018-2030 (US$M)

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