Global Roadways Intelligent Transportation System Market Size & Outlook
Global roadways intelligent transportation system market, 2018-2030 (US$M)
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Global roadways intelligent transportation system market highlights
- The global roadways intelligent transportation system market generated a revenue of USD 24,626.1 million in 2024 and is expected to reach USD 39,023.7 million by 2030.
- The market is expected to grow at a CAGR (2025 - 2030) of 8.3% by 2030.
- In terms of segment, hardware accounted for a revenue of USD 11,998.6 million in 2024.
- Services is the most lucrative offering segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2024.
- Country-wise, India is expected to register the highest CAGR from 2025 to 2030.
Global data book summary
| Market revenue in 2024 | USD 24,626.1 million |
| Market revenue in 2030 | USD 39,023.7 million |
| Growth rate | 8.3% (CAGR from 2025 to 2030) |
| Largest segment | Hardware |
| Fastest growing segment | Services |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hardware, Software, Services |
Other key industry trends
- In terms of revenue, the North America accounted for 36.2% of the global roadways intelligent transportation system market in 2024.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, India is the fastest growing regional market and is projected to reach USD 1,998.7 million by 2030.
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Roadways Intelligent Transportation System Market Scope
Roadways Intelligent Transportation System Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Efkon Gmbh | View profile | 251-500 | Graz, Steiermark, Austria, Europe | http://www.efkon.com/ |
| Iteris | View profile | 251-500 | Santa Ana, California, United States, North America | https://www.iteris.com |
| TomTom | View profile | 5001-10000 | Amsterdam, Noord-Holland, The Netherlands, Europe | http://www.tomtom.com/?Lid=4 |
| Sensys Gatso Group | View profile | 251-500 | Haarlem, Noord-Holland, The Netherlands, Europe | https://www.sensysgatso.com/ |
| Kapsch Group | View profile | 1001-5000 | Vienna, Wien, Austria, Europe | https://www.kapsch.net/ |
| Cubic Corporation | View profile | 10001+ | San Diego, California, United States, North America | http://cubic.com |
| Teledyne Technologies Inc | View profile | 14900 | 1049 Camino Dos Rios, Thousand Oaks, CA, United States, 91360-2362 | https://www.teledyne.com |
| Garmin Ltd | View profile | 19900 | Muhlentalstrasse 2, Schaffhausen, Switzerland, 8200 | https://www.garmin.com |
| Siemens AG | View profile | 321000 | Werner-von-Siemens-Strabe 1, Munich, BY, Germany, 80333 | https://www.siemens.com |
| Hitachi Ltd | View profile | 322525 | 6-6, Marunouchi 1-chome, Chiyoda-ku, Tokyo, Japan, 100-8280 | http://www.hitachi.com |
Global roadways 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 roadways intelligent transportation system market will help companies and investors design strategic landscapes.
Hardware was the largest segment with a revenue share of 48.72% in 2024. Horizon Databook has segmented the Global roadways intelligent transportation system market based on hardware, software, services covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Roadways Intelligent Transportation System Offering Outlook (Revenue, USD Million, 2018-2030)
- 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
- Global Roadways Intelligent Transportation System System Type Outlook (Revenue, USD Million, 2018-2030)
- Advanced Traveler Information System (ATIS)
- Advanced Traffic Management System (ATMS)
- Advanced Transportation Pricing System (ATPS)
- Advanced Public Transportation System (APTS)
- Emergency Medical System (EMS)
- Global Roadways Intelligent Transportation System Application Outlook (Revenue, USD Million, 2018-2030)
- Traffic Management
- Road Safety and Security
- Freight Management
- Public Transport
- Environment Protection
- Automotive Telematics
- Parking Management
- Road Tolling Systems
- Others
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Horizon Databook provides a detailed overview of global-level data and insights on the Global roadways intelligent transportation system market , including forecasts for subscribers. This global databook contains high-level insights into Global roadways intelligent transportation system market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global roadways intelligent transportation system market size, by regions, 2018-2030 (US$M)
Top 10 countries: Roadways intelligent transportation system market size, 2024 (US$M)
Global roadways intelligent transportation system market share, by offering, 2024 & 2030 (%, US$M)
Roadways intelligent transportation system market: Opportunity assessment by country
Global roadways intelligent transportation system market, by region, 2024 (US$M)
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