Colombia Intelligent Transportation System Market Size & Outlook
The intelligent transportation system market in Colombia is expected to reach a projected revenue of US$ 668.9 million by 2030. A compound annual growth rate of 10.9% is expected of Colombia intelligent transportation system market from 2024 to 2030.
Revenue, 2023 (US$M)
$324.4
Forecast, 2030 (US$M)
$668.9
CAGR, 2024 - 2030
10.9%
Report Coverage
Colombia
Colombia intelligent transportation system market, 2018-2030 (US$M)
Related Markets
Colombia intelligent transportation system market highlights
- The Colombia intelligent transportation system market generated a revenue of USD 324.4 million in 2023 and is expected to reach USD 668.9 million by 2030.
- The Colombia market is expected to grow at a CAGR of 10.9% from 2024 to 2030.
- In terms of segment, roadway was the largest revenue generating transportation mode in 2023.
- Maritime is the most lucrative transportation mode segment registering the fastest growth during the forecast period.
Intelligent transportation system market data book summary
| Market revenue in 2023 | USD 324.4 million |
| Market revenue in 2030 | USD 668.9 million |
| Growth rate | 10.9% (CAGR from 2023 to 2030) |
| Largest segment | Roadway |
| Fastest growing segment | Maritime |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Roadway, Railway, Airway, Maritime |
| Key market players worldwide | Advantech, Iridium Communications Inc, Alstom SA, Cubic Corporation, Hitachi Ltd, Indra Sistemas SA ADR, Iteris Inc, Kapsch Group, Kongsberg Gruppen ASA, L3Harris Technologies Inc, Brunswick Corp, NEC Corp, Siemens AG, Spire Global Inc Ordinary Shares - Class A, Teledyne Technologies Inc, Thales, Transcore, Wabtec |
Other key industry trends
- In terms of revenue, Colombia accounted for 0.6% of the global intelligent transportation system market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Mexico intelligent transportation system market is projected to lead the regional market in terms of revenue in 2030.
- Colombia is the fastest growing regional market in Latin America and is projected to reach USD 668.9 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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Colombia 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 45.56% in 2023. Horizon Databook has segmented the Colombia intelligent transportation system market based on roadway, railway, airway, maritime covering the revenue growth of each sub-segment from 2018 to 2030.
- Colombia 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 Colombia 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 country-level data and insights on the Colombia intelligent transportation system market , including forecasts for subscribers. This country databook contains high-level insights into Colombia intelligent transportation system market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Colombia intelligent transportation system market size, by transportation mode, 2018-2030 (US$M)
Colombia Intelligent Transportation System Market Outlook Share, 2023 & 2030 (US$M)
Related industry reports
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