Intelligent Transportation System Market to Surpass USD 66.19 BILLION by 2030, Growing at 6.1% CAGR

MarkNtel Advisors, a leading market research and consulting firm, has announced the release of its latest study titled Intelligent Transportation System Market Research Report: Forecast (2025–2030). This report provides a detailed assessment of the Intelligent Transportation System, covering its evolving dynamics, emerging trends, key growth drivers, major challenges, and competitive landscape.

Designed to guide investors, stakeholders, and business leaders, the research aims to deliver valuable insights for strategic planning, risk assessment, and investment decision-making in the years ahead.

Market Timeline Overview

• Historical Years: 2020–23
• Base Year: 2024
• Forecast Years: 2025–30

This helps businesses identify emerging opportunities, assess market risks, and develop data-driven strategies for long-term success.

Download a FREE PDF Sample of the Report: - https://www.marknteladvisors.com/query/request-sample/global-intelligent-transportation-system-market.html   (Discover the market potential, platform-specific insights, and key industry trends.)

In case you missed it, we are currently revising our reports. Click on the below to get the latest research data with forecast for years 2026 to 2032, including market size, industry trends, and competitive analysis. It wouldn’t take long for the team to deliver the most recent version of the report.

Intelligent Transportation System Market Outlook

The Global Intelligent Transportation System Market size was valued at around USD 48.88 billion in 2024 and is projected to reach USD 66.19 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 6.1% during the forecast period, i.e., 2025-30. The market growth is aided by the surging need for an advanced traffic management solution to reduce the increasing traffic congestion & the incompatibility of old infrastructure and traditional traffic management systems with a heightened number of vehicles on the road. Moreover, the ever-rising figures of vehicles & increasing single-passenger four-wheeler vehicle figures due to hiker car purchases owing to high living standards and surging disposable income are raising the demand for the market.

Intelligent Transportation System Market Drivers:

Ever-Growing Need to Reduce Traffic Congestion - The increasing traffic congestion due to the rising number of vehicle purchases resulting from enhanced living standards & disposable income is pushing the demand for a smart transportation system. Thus, the traffic issues like congestion and many private vehicles on the road incompatible with traditional infrastructural designs and traffic systems are driving the market. Additionally, it provides limitless solutions to traffic and road issues by assisting drivers and passengers, reducing accident chances by delivering advanced and fast suggestions, and leading the traffic by calculating numerous dimensions from vehicles to infrastructures. Therefore, the industry is expected to expand exponentially, further enhancing the Global Intelligent Transportation System Market size.

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Intelligent Transportation System Market Trends:

Integration of AI & Other Cutting-edge Technologies into ITS - The advancement and modification in cutting-edge technologies like AI and VR and their integration in numerous sectors are also on the rise pushing industrial acceleration. Thus, the high scope of advancement in ITS through the integration of Artificial Intelligence and VR-like technology is extending the market expansion. As it aids the driver and other users by providing a heads-up display, visualization, smart suggestions, and fast solution during congested issues, they are likely to add to the market value.

Intelligent Transportation System Market Segmentation

The study categorizes the Intelligent Transportation System into various segments and sub-segments, each analyzed for its size, growth potential, and contribution to the overall industry.

By Component

• Hardware- Market Size & Forecast 2020-2030, USD Million
  • Sensors- Market Size & Forecast 2020-2030, USD Million
  • Interface Boards- Market Size & Forecast 2020-2030, USD Million
  • Surveillance Cameras- Market Size & Forecast 2020-2030, USD Million
  • Monitoring & Detection System- Market Size & Forecast 2020-2030, USD Million
  • Telecommunication Network- Market Size & Forecast 2020-2030, USD Million
  • Others (Electronic Toll Collection (ETC) Systems, Variable Message Signs (VMS), etc.) - Market Size & Forecast 2020-2030, USD Million
• Software- Market Size & Forecast 2020-2030, USD Million
  • Visualization Software- Market Size & Forecast 2020-2030, USD Million
  • Transit Management System- Market Size & Forecast 2020-2030, USD Million
  • Video Detection Management Software- Market Size & Forecast 2020-2030, USD Million
  • Others (Fleet Management Software, Smart Parking Software, etc.) - Market Size & Forecast 2020-2030, USD Million
• Services- Market Size & Forecast 2020-2030, USD Million
  • Professional- Market Size & Forecast 2020-2030, USD Million
  • Managed- Market Size & Forecast 2020-2030, USD Million

By Type

• Advanced Public Transportation System (APTS) - Market Size & Forecast 2020-2030, USD Million
• Advanced Traffic Management System (ATMS) - Market Size & Forecast 2020-2030, USD Million
• Advanced Traveler Information System (ATIS) - Market Size & Forecast 2020-2030, USD Million
• Advanced Transport Pricing System (ATPS) - Market Size & Forecast 2020-2030, USD Million
• Advanced Rural Transportation System (ARTS) - Market Size & Forecast 2020-2030, USD Million
• Commercial Vehicle Operation (CVO) - Market Size & Forecast 2020-2030, USD Million
• Others (Emergency Vehicle Priority (EVP) Systems, Intelligent Parking Management System, etc.) - Market Size & Forecast 2020-2030, USD Million

By Application

• Roadways - Market Size & Forecast 2020-2030, USD Million
  • Intelligent Traffic Control- Market Size & Forecast 2020-2030, USD Million
    • Traffic Monitoring Systems- Market Size & Forecast 2020-2030, USD Million
    • Traffic Signal Control Systems- Market Size & Forecast 2020-2030, USD Million
    • Traffic Enforcement Cameras- Market Size & Forecast 2020-2030, USD Million
    • Variable Traffic Message Signboards- Market Size & Forecast 2020-2030, USD Million
  • Collision Avoidance- Market Size & Forecast 2020-2030, USD Million
  • Parking Management- Market Size & Forecast 2020-2030, USD Million
  • Passenger Information Management- Market Size & Forecast 2020-2030, USD Million
  • Ticketing Management- Market Size & Forecast 2020-2030, USD Million
  • Emergency Vehicle Notification- Market Size & Forecast 2020-2030, USD Million
  • Automotive Telematics- Market Size & Forecast 2020-2030, USD Million
  • Fleet Management and Asset Monitoring- Market Size & Forecast 2020-2030, USD Million
• Railways- Market Size & Forecast 2020-2030, USD Million
  • Rail-running Operation and Collision Avoidance- Market Size & Forecast 2020-2030, USD Million
  • Passenger Information Management- Market Size & Forecast 2020-2030, USD Million
  • Smart Ticketing- Market Size & Forecast 2020-2030, USD Million
  • Security & Surveillance- Market Size & Forecast 2020-2030, USD Million
  • Emergency Notification- Market Size & Forecast 2020-2030, USD Million
  • Others (Railway Traffic Management, Predictive Maintenance, etc.) - Market Size & Forecast 2020-2030, USD Million
• Airways- Market Size & Forecast 2020-2030, USD Million
  • Security & Surveillance- Market Size & Forecast 2020-2030, USD Million
  • Traveler Information Management- Market Size & Forecast 2020-2030, USD Million
  • Smart Ticketing- Market Size & Forecast 2020-2030, USD Million
  • Aircraft Management- Market Size & Forecast 2020-2030, USD Million
  • Emergency Notification- Market Size & Forecast 2020-2030, USD Million
  • Others (Flight Planning and Optimization, Aircraft Diagnostics and Health Monitoring, etc.) - Market Size & Forecast 2020-2030, USD Million
• Maritime- Market Size & Forecast 2020-2030, USD Million
  • Freight Arrival & Transit- Market Size & Forecast 2020-2030, USD Million
  • Real-time Weather Information Tracking- Market Size & Forecast 2020-2030, USD Million
  • Container Movement Scheduling- Market Size & Forecast 2020-2030, USD Million
  • Emergency Notification- Market Size & Forecast 2020-2030, USD Million
  • Others (Marine Traffic Analytics, Maritime Security, etc.) - Market Size & Forecast 2020-2030, USD Million

By Deployment

• Cloud- Market Size & Forecast 2020-2030, USD Million
• On-Premise- Market Size & Forecast 2020-2030, USD Million

By End User

• Traffic Management
• Freight Management
• Road Tolling System
• Road Safety and Security
• Public Transport
• Environment Protection
• Parking Management
• Others (Automotive Telematics, etc.)

Geographical Analysis

The report presents detailed insights into the market’s geographical expansion, highlighting key trends and opportunities across the following geographies:

By Region

• North America
• South America
• Europe
• The Middle East & Africa
• Asia-Pacific.

Talk to Our Industry Analyst:  - https://www.marknteladvisors.com/query/talk-to-our-consultant/global-intelligent-transportation-system-market.html  Get personalized insights into company strategies and regional market dynamics.)

Leading Companies in Intelligent Transportation System Market Worldwide: Players, Analysis & Future Outlook

• Denso Corporation
• Iteris
• Lanner Electronics
• Agero
• EFKON
• Cisco
• Flir System
• Siemens
• TransCore
• Citilog
• Hitachi, Ltd
• Garmin Ltd
• Sensys Networks, Inc.
• Kapsch TrafficCom AG
• IBI Group
•  

Key Highlights of the Report

• Comprehensive Market Overview: In-depth analysis of market size, share, and forecasts from 2025 to 2030.
• Growth Drivers & Challenges: Clear insights into factors feeling or restraining market expansion.
• Investment & Regulatory Insights: Evaluation of key policies, funding trends, and collaborations influencing industry performance.
• Competitive Landscape: Detailed profiles of leading companies, including product portfolios, business strategies, financials, and recent developments such as mergers & acquisitions.

Analytical Tools: Application of SWOT Analysis, PESTEL Analysis, and Porter’s Five Forces Model to assess competition and external influences

Browse through our flexible pricing plans and choose the package that best fits your business needs whether you require a single-user license, corporate access, or customized insights. Once you select the plan that suits your requirements, you can purchase and instantly access the full report online – https://www.marknteladvisors.com/pricing/global-intelligent-transportation-system-market.html  

Frequently Asked Questions (FAQ)

1. What is the projected growth rate of the Intelligent Transportation System?
   2. What are the major factors driving this market’s growth?
   3. Which regions are expected to lead the Intelligent Transportation System?
   4. Who are the prominent players in the Intelligent Transportation System?
   5. How is the competition structured in this market?
   6. How can I access the full report?

About Us

MarkNtel Advisors is a global research and consulting leader providing actionable intelligence across the ICT & electronics industry, spanning electronic equipment & services, software, and digital infrastructure. We analyze the impact of technologies like AI, IoT, and cloud computing on global business ecosystems. Through Consulting Services, we help technology providers and investors interpret emerging market data, refine digital strategies, and adapt to continuous innovation cycles in the connected economy.

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