Germany Smart Transportation Market Size & Outlook

The smart transportation market in Germany is expected to reach a projected revenue of US$ 18.5 million by 2030. A compound annual growth rate of 11.8% is expected of Germany smart transportation market from 2024 to 2030.
Revenue, 2023 (US$M)
$8.5
Forecast, 2030 (US$M)
$18.5
CAGR, 2024 - 2030
11.8%
Report Coverage
Germany

Germany smart transportation market highlights

  • The Germany smart transportation market generated a revenue of USD 8.5 million in 2023 and is expected to reach USD 18.5 million by 2030.
  • The Germany market is expected to grow at a CAGR of 11.8% from 2024 to 2030.
  • In terms of segment, solution was the largest revenue generating offering in 2023.
  • Services is the most lucrative offering segment registering the fastest growth during the forecast period.

Smart transportation market data book summary

Market revenue in 2023USD 8.5 million
Market revenue in 2030USD 18.5 million
Growth rate11.8% (CAGR from 2023 to 2030)
Largest segmentSolution
Fastest growing segmentServices
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationSolution, Services
Key market players worldwideAccenture PLC Class A, Alstom SA, Cisco Systems Inc, Portland General Electric Co, International Business Machines Corp, Indra Sistemas SA ADR, Xerox Holdings Corp, CubicFarm Systems Corp, Kapsch Group, LG CNS

Other key industry trends

  • In terms of revenue, Germany accounted for 7.0% of the global smart transportation market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Europe, UK smart transportation market is projected to lead the regional market in terms of revenue in 2030.
  • UK is the fastest growing regional market in Europe and is projected to reach USD 22.0 million by 2030.

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Smart Transportation Market Companies

Name Profile # Employees HQ Website

Germany smart transportation 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 smart transportation market will help companies and investors design strategic landscapes.


Solution was the largest segment with a revenue share of 64.71% in 2023. Horizon Databook has segmented the Germany smart transportation market based on solution, services covering the revenue growth of each sub-segment from 2018 to 2030.


  • Germany Smart Transportation Offering Outlook (Revenue, USD Million, 2018-2030)
    • Solution
      • Ticketing Management System
      • Parking Management System
      • Integrated Supervision System
      • Traffic Management System
    • Services
      • Cloud Services
      • Business Services
      • Professional Services

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Target buyers of Germany smart transportation market databook

  • Our clientele includes a mix of smart transportation market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • 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 Germany smart transportation market , including forecasts for subscribers. This country databook contains high-level insights into Germany smart transportation market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Germany smart transportation market size, by offering, 2018-2030 (US$M)

Germany Smart Transportation Market Outlook Share, 2023 & 2030 (US$M)

Germany smart transportation market size, by offering, 2018-2030 (US$M)

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