
Intelligent Transportation Systems Market Report and Forecast 2025-2034
Description
The global intelligent transportation systems market size attained a value of approximately USD 28.28 Billion in 2024. The market is further projected to grow at a CAGR of 8.60% in the forecast period of 2025-2034, reaching a value of around USD 64.53 Billion by 2034.
Key Trends in the Market
Intelligent transportation systems (ITS) are the various systems that utilised advanced technologies to improve the efficiency and safety of different transportation modes, including roadways, railways, aviation, and maritime transport. They can be used to improve traffic management, enhance routing of vehicles, and aid in accident prevention for private, public, and commercial vehicles and vessels.
The EMR’s report titled “Global Intelligent Transportation Systems Market Report and Forecast 2025-2034” offers a detailed analysis of the market based on the following segments:
Market Breakup by Offering
Advanced traffic management systems occupy a significant share of the intelligent transportation systems market based on system, fuelled by the growing importance of managing traffic. With rising disposable incomes and increasing populations, traffic congestion has increased considerably in major cities worldwide, leading to higher emissions of vehicle pollutants while also being time-consuming. Advanced traffic management systems or ATMS can aid in providing real-time information regarding traffic situations, facilitate rerouting of traffic, and optimise traffic signals. Predictive capabilities of advanced traffic management systems can aid travellers in choosing suitable transportation options to avoid delays, such as public transport or different routes for private travel. Hazards and accidents on roadways can also be taken into account by ATMS to reroute traffic for smoother movements.
Market Share by Region
Regionally, the Asia Pacific is anticipated to a rapidly growing share in the global intelligent transportation systems market, driven by increasing population and improvements in transportation infrastructure. Countries such as China, Japan, and India are investing substantially in improving the transportation systems within their respective countries, increasing the adoption of intelligent transportation systems. Rapid urbanisation in the Asia Pacific is resulting in increased traffic congestion, due to which countries are considering alternatives to improve transportation flow, such as intelligent transportation systems. Economic benefits of these systems, including reduced fuel consumption, lower risk of accidents, time savings, and diminished vehicular emissions are further increasing the adoption of ITS in the Asia Pacific, thereby increasing the regional intelligent transportation systems market share.
Competitive Landscape
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the intelligent transportation systems global market, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans.
AECOM Technology Corporation
AECOM Technology Corporation, is a leading infrastructure consulting company which was founded in 1990 and is headquartered in California in the United States. The company caters to applications such as cities, commercial and residential, energy, justice, national governments, transportation, sports and venues, education, and healthcare.
Sumitomo Electric Industries, Ltd.
Sumitomo Electric Industries, Ltd., established in 1897 and based in Osaka, Japan, has core operations in five industries, namely, industrial materials, infocommunications, energy and environment, electronics, and automotive. The product portfolio of the company includes various raw materials, modules, components, end products, and systems.
Mundys SpA
Mundys SpA, active in the sectors for airport and motorway infrastructure and mobility-related services, was founded in 1950. Headquartered in Lazio, Italy, the company utilises its extensive assets to combine transportation infrastructure with platforms for digital service to provide advanced services for mobility that are safe and sustainable.
Other intelligent transportation systems market players include Advantech Co., Ltd, Aimsun SLU, Siemens Mobility GmbH, Cubic Transportation Systems, Inc., Onnyx Electronisys Pvt. Ltd, Chemito Infotech Pvt. Ltd., and GMV Innovating Solutions, S.L., among others.
Key Trends in the Market
Intelligent transportation systems (ITS) are the various systems that utilised advanced technologies to improve the efficiency and safety of different transportation modes, including roadways, railways, aviation, and maritime transport. They can be used to improve traffic management, enhance routing of vehicles, and aid in accident prevention for private, public, and commercial vehicles and vessels.
- Increasing population density, particularly in larger cities, has resulted in traffic congestions, higher vehicular emissions, and accidents. Rising awareness regarding the capabilities and potential of ITS and their ability to improve traffic and overall manage transportation are driving the intelligent transportation systems market growth.
- Advancements in technologies used for intelligent transportation systems, including hardware such as sensors and software to examine bulk data, is a key trend in the ITS market. As intelligent transportation systems become more accurate, efficient, cost-effective, and reliable, their adoption is likely to rise.
- Development of smart cities across the world is further assessed to augment the intelligent transportation systems market demand in the coming years. Intelligent transportation systems are becoming an integral component of smart cities so as to support safe, secure, and speedy transportation and mobility.
The EMR’s report titled “Global Intelligent Transportation Systems Market Report and Forecast 2025-2034” offers a detailed analysis of the market based on the following segments:
Market Breakup by Offering
- Hardware
- Software
- Services
- Advanced Traffic Management System
- Advanced Traveller Information System
- ITS- Enabled Transportation Pricing System
- Advanced Public Transportation System
- Commercial Vehicle Operation System
- Intelligent Traffic Control
- Collision Avoidance
- Parking Management
- Passenger Information Management
- Ticketing Management
- Emergency Vehicle Notification
- Automotive Telematics
- Fleet Management and Assets Monitoring
- Rail-Running Operation and Collision Avoidance
- Passenger Information Management
- Smart Ticketing
- Security and Surveillance
- Emergency Notification
- Others
- Avoidance Security and Surveillance
- Shuttle Bus Tracking
- Traveller Information Management
- Smart Ticketing
- Aircraft Management
- Emergency Notification
- Others
- Freight Arrival and Transmit
- Real Time Weather Information Tracking
- Container Movement Scheduling
- Emergency Notification
- Others
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Advanced traffic management systems occupy a significant share of the intelligent transportation systems market based on system, fuelled by the growing importance of managing traffic. With rising disposable incomes and increasing populations, traffic congestion has increased considerably in major cities worldwide, leading to higher emissions of vehicle pollutants while also being time-consuming. Advanced traffic management systems or ATMS can aid in providing real-time information regarding traffic situations, facilitate rerouting of traffic, and optimise traffic signals. Predictive capabilities of advanced traffic management systems can aid travellers in choosing suitable transportation options to avoid delays, such as public transport or different routes for private travel. Hazards and accidents on roadways can also be taken into account by ATMS to reroute traffic for smoother movements.
Market Share by Region
Regionally, the Asia Pacific is anticipated to a rapidly growing share in the global intelligent transportation systems market, driven by increasing population and improvements in transportation infrastructure. Countries such as China, Japan, and India are investing substantially in improving the transportation systems within their respective countries, increasing the adoption of intelligent transportation systems. Rapid urbanisation in the Asia Pacific is resulting in increased traffic congestion, due to which countries are considering alternatives to improve transportation flow, such as intelligent transportation systems. Economic benefits of these systems, including reduced fuel consumption, lower risk of accidents, time savings, and diminished vehicular emissions are further increasing the adoption of ITS in the Asia Pacific, thereby increasing the regional intelligent transportation systems market share.
Competitive Landscape
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the intelligent transportation systems global market, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans.
AECOM Technology Corporation
AECOM Technology Corporation, is a leading infrastructure consulting company which was founded in 1990 and is headquartered in California in the United States. The company caters to applications such as cities, commercial and residential, energy, justice, national governments, transportation, sports and venues, education, and healthcare.
Sumitomo Electric Industries, Ltd.
Sumitomo Electric Industries, Ltd., established in 1897 and based in Osaka, Japan, has core operations in five industries, namely, industrial materials, infocommunications, energy and environment, electronics, and automotive. The product portfolio of the company includes various raw materials, modules, components, end products, and systems.
Mundys SpA
Mundys SpA, active in the sectors for airport and motorway infrastructure and mobility-related services, was founded in 1950. Headquartered in Lazio, Italy, the company utilises its extensive assets to combine transportation infrastructure with platforms for digital service to provide advanced services for mobility that are safe and sustainable.
Other intelligent transportation systems market players include Advantech Co., Ltd, Aimsun SLU, Siemens Mobility GmbH, Cubic Transportation Systems, Inc., Onnyx Electronisys Pvt. Ltd, Chemito Infotech Pvt. Ltd., and GMV Innovating Solutions, S.L., among others.
Table of Contents
161 Pages
- 1 Executive Summary
- 1.1 Market Size 2024-2025
- 1.2 Market Growth 2025(F)-2034(F)
- 1.3 Key Demand Drivers
- 1.4 Key Players and Competitive Structure
- 1.5 Industry Best Practices
- 1.6 Recent Trends and Developments
- 1.7 Industry Outlook
- 2 Market Overview and Stakeholder Insights
- 2.1 Market Trends
- 2.2 Key Verticals
- 2.3 Key Regions
- 2.4 Supplier Power
- 2.5 Buyer Power
- 2.6 Key Market Opportunities and Risks
- 2.7 Key Initiatives by Stakeholders
- 3 Economic Summary
- 3.1 GDP Outlook
- 3.2 GDP Per Capita Growth
- 3.3 Inflation Trends
- 3.4 Democracy Index
- 3.5 Gross Public Debt Ratios
- 3.6 Balance of Payment (BoP) Position
- 3.7 Population Outlook
- 3.8 Urbanisation Trends
- 4 Country Risk Profiles
- 4.1 Country Risk
- 4.2 Business Climate
- 5 Global Intelligent Transportation Systems Market Analysis
- 5.1 Key Industry Highlights
- 5.2 Global Intelligent Transportation Systems Historical Market (2018-2024)
- 5.3 Global Intelligent Transportation Systems Market Forecast (2025-2034)
- 5.4 Global Intelligent Transportation Systems Market by Offering
- 5.4.1 Hardware
- 5.4.1.1 Historical Trend (2018-2024)
- 5.4.1.2 Forecast Trend (2025-2034)
- 5.4.1.3 Breakup by Type
- 5.4.1.3.1 Interface Boards
- 5.4.1.3.2 Sensors
- 5.4.1.3.3 Surveillance Cameras
- 5.4.1.3.4 Telecommunication Networks
- 5.4.1.3.5 Monitoring and Detection System
- 5.4.1.3.6 Others
- 5.4.2 Software
- 5.4.2.1 Historical Trend (2018-2024)
- 5.4.2.2 Forecast Trend (2025-2034)
- 5.4.2.3 Breakup by Type
- 5.4.2.3.1 Visualisation Software
- 5.4.2.3.2 Video Detection Management Software
- 5.4.2.3.3 Transmit Management Software
- 5.4.2.3.4 Others
- 5.4.3 Services
- 5.4.3.1 Historical Trend (2018-2024)
- 5.4.3.2 Forecast Trend (2025-2034)
- 5.4.3.3 Breakup by Type
- 5.4.3.3.1 Business and Cloud Services
- 5.4.3.3.2 Support and Maintenance Services
- 5.5 Global Intelligent Transportation Systems Market by System
- 5.5.1 Advanced Traffic Management System
- 5.5.1.1 Historical Trend (2018-2024)
- 5.5.1.2 Forecast Trend (2025-2034)
- 5.5.2 Advanced Traveller Information System
- 5.5.2.1 Historical Trend (2018-2024)
- 5.5.2.2 Forecast Trend (2025-2034)
- 5.5.3 ITS- Enabled Transportation Pricing System
- 5.5.3.1 Historical Trend (2018-2024)
- 5.5.3.2 Forecast Trend (2025-2034)
- 5.5.4 Advanced Public Transportation System
- 5.5.4.1 Historical Trend (2018-2024)
- 5.5.4.2 Forecast Trend (2025-2034)
- 5.5.5 Commercial Vehicle Operation System
- 5.5.5.1 Historical Trend (2018-2024)
- 5.5.5.2 Forecast Trend (2025-2034)
- 5.6 Global Intelligent Transportation Systems Market by Roadways Application
- 5.6.1 Intelligent Traffic Control
- 5.6.1.1 Historical Trend (2018-2024)
- 5.6.1.2 Forecast Trend (2025-2034)
- 5.6.1.3 Breakup by Type
- 5.6.1.3.1 Traffic Monitoring System
- 5.6.1.3.2 Traffic Control Monitoring System
- 5.6.1.3.3 Traffic Enforcement Cameras
- 5.6.1.3.4 Variable Traffic Message Signboards
- 5.6.2 Collision Avoidance
- 5.6.2.1 Historical Trend (2018-2024)
- 5.6.2.2 Forecast Trend (2025-2034)
- 5.6.3 Parking Management
- 5.6.3.1 Historical Trend (2018-2024)
- 5.6.3.2 Forecast Trend (2025-2034)
- 5.6.4 Passenger Information Management
- 5.6.4.1 Historical Trend (2018-2024)
- 5.6.4.2 Forecast Trend (2025-2034)
- 5.6.5 Ticketing Management
- 5.6.5.1 Historical Trend (2018-2024)
- 5.6.5.2 Forecast Trend (2025-2034)
- 5.6.6 Emergency Vehicle Notification
- 5.6.6.1 Historical Trend (2018-2024)
- 5.6.6.2 Forecast Trend (2025-2034)
- 5.6.7 Automotive Telematics
- 5.6.7.1 Historical Trend (2018-2024)
- 5.6.7.2 Forecast Trend (2025-2034)
- 5.6.8 Fleet Management and Assets Monitoring
- 5.6.8.1 Historical Trend (2018-2024)
- 5.6.8.2 Forecast Trend (2025-2034)
- 5.7 Global Intelligent Transportation Systems Market by Railway Application
- 5.7.1 Rail-Running Operation and Collision Avoidance
- 5.7.1.1 Historical Trend (2018-2024)
- 5.7.1.2 Forecast Trend (2025-2034)
- 5.7.2 Passenger Information Management
- 5.7.2.1 Historical Trend (2018-2024)
- 5.7.2.2 Forecast Trend (2025-2034)
- 5.7.3 Smart Ticketing
- 5.7.3.1 Historical Trend (2018-2024)
- 5.7.3.2 Forecast Trend (2025-2034)
- 5.7.4 Security and Surveillance
- 5.7.4.1 Historical Trend (2018-2024)
- 5.7.4.2 Forecast Trend (2025-2034)
- 5.7.5 Emergency Notification
- 5.7.5.1 Historical Trend (2018-2024)
- 5.7.5.2 Forecast Trend (2025-2034)
- 5.7.6 Others
- 5.8 Global Intelligent Transportation Systems Market by Aviation Application
- 5.8.1 Avoidance Security and Surveillance
- 5.8.1.1 Historical Trend (2018-2024)
- 5.8.1.2 Forecast Trend (2025-2034)
- 5.8.2 Shuttle Bus Tracking
- 5.8.2.1 Historical Trend (2018-2024)
- 5.8.2.2 Forecast Trend (2025-2034)
- 5.8.3 Traveller Information Management
- 5.8.3.1 Historical Trend (2018-2024)
- 5.8.3.2 Forecast Trend (2025-2034)
- 5.8.4 Smart Ticketing
- 5.8.4.1 Historical Trend (2018-2024)
- 5.8.4.2 Forecast Trend (2025-2034)
- 5.8.5 Aircraft Management
- 5.8.5.1 Historical Trend (2018-2024)
- 5.8.5.2 Forecast Trend (2025-2034)
- 5.8.6 Emergency Notification
- 5.8.6.1 Historical Trend (2018-2024)
- 5.8.6.2 Forecast Trend (2025-2034)
- 5.8.7 Others
- 5.9 Global Intelligent Transportation Systems Market by Maritime Application
- 5.9.1 Freight Arrival and Transmit
- 5.9.1.1 Historical Trend (2018-2024)
- 5.9.1.2 Forecast Trend (2025-2034)
- 5.9.2 Real Time Weather Information Tracking
- 5.9.2.1 Historical Trend (2018-2024)
- 5.9.2.2 Forecast Trend (2025-2034)
- 5.9.3 Container Movement Scheduling
- 5.9.3.1 Historical Trend (2018-2024)
- 5.9.3.2 Forecast Trend (2025-2034)
- 5.9.4 Emergency Notification
- 5.9.4.1 Historical Trend (2018-2024)
- 5.9.4.2 Forecast Trend (2025-2034)
- 5.9.5 Others
- 5.10 Global Intelligent Transportation Systems Market by Region
- 5.10.1 North America
- 5.10.1.1 Historical Trend (2018-2024)
- 5.10.1.2 Forecast Trend (2025-2034)
- 5.10.2 Europe
- 5.10.2.1 Historical Trend (2018-2024)
- 5.10.2.2 Forecast Trend (2025-2034)
- 5.10.3 Asia Pacific
- 5.10.3.1 Historical Trend (2018-2024)
- 5.10.3.2 Forecast Trend (2025-2034)
- 5.10.4 Latin America
- 5.10.4.1 Historical Trend (2018-2024)
- 5.10.4.2 Forecast Trend (2025-2034)
- 5.10.5 Middle East and Africa
- 5.10.5.1 Historical Trend (2018-2024)
- 5.10.5.2 Forecast Trend (2025-2034)
- 6 North America Intelligent Transportation Systems Market Analysis
- 6.1 United States of America
- 6.1.1 Historical Trend (2018-2024)
- 6.1.2 Forecast Trend (2025-2034)
- 6.2 Canada
- 6.2.1 Historical Trend (2018-2024)
- 6.2.2 Forecast Trend (2025-2034)
- 7 Europe Intelligent Transportation Systems Market Analysis
- 7.1 United Kingdom
- 7.1.1 Historical Trend (2018-2024)
- 7.1.2 Forecast Trend (2025-2034)
- 7.2 Germany
- 7.2.1 Historical Trend (2018-2024)
- 7.2.2 Forecast Trend (2025-2034)
- 7.3 France
- 7.3.1 Historical Trend (2018-2024)
- 7.3.2 Forecast Trend (2025-2034)
- 7.4 Italy
- 7.4.1 Historical Trend (2018-2024)
- 7.4.2 Forecast Trend (2025-2034)
- 7.5 Others
- 8 Asia Pacific Intelligent Transportation Systems Market Analysis
- 8.1 China
- 8.1.1 Historical Trend (2018-2024)
- 8.1.2 Forecast Trend (2025-2034)
- 8.2 Japan
- 8.2.1 Historical Trend (2018-2024)
- 8.2.2 Forecast Trend (2025-2034)
- 8.3 India
- 8.3.1 Historical Trend (2018-2024)
- 8.3.2 Forecast Trend (2025-2034)
- 8.4 ASEAN
- 8.4.1 Historical Trend (2018-2024)
- 8.4.2 Forecast Trend (2025-2034)
- 8.5 Australia
- 8.5.1 Historical Trend (2018-2024)
- 8.5.2 Forecast Trend (2025-2034)
- 8.6 Others
- 9 Latin America Intelligent Transportation Systems Market Analysis
- 9.1 Brazil
- 9.1.1 Historical Trend (2018-2024)
- 9.1.2 Forecast Trend (2025-2034)
- 9.2 Argentina
- 9.2.1 Historical Trend (2018-2024)
- 9.2.2 Forecast Trend (2025-2034)
- 9.3 Mexico
- 9.3.1 Historical Trend (2018-2024)
- 9.3.2 Forecast Trend (2025-2034)
- 9.4 Others
- 10 Middle East and Africa Intelligent Transportation Systems Market Analysis
- 10.1 Saudi Arabia
- 10.1.1 Historical Trend (2018-2024)
- 10.1.2 Forecast Trend (2025-2034)
- 10.2 United Arab Emirates
- 10.2.1 Historical Trend (2018-2024)
- 10.2.2 Forecast Trend (2025-2034)
- 10.3 Nigeria
- 10.3.1 Historical Trend (2018-2024)
- 10.3.2 Forecast Trend (2025-2034)
- 10.4 South Africa
- 10.4.1 Historical Trend (2018-2024)
- 10.4.2 Forecast Trend (2025-2034)
- 10.5 Others
- 11 Market Dynamics
- 11.1 SWOT Analysis
- 11.1.1 Strengths
- 11.1.2 Weaknesses
- 11.1.3 Opportunities
- 11.1.4 Threats
- 11.2 Porter’s Five Forces Analysis
- 11.2.1 Supplier’s Power
- 11.2.2 Buyer’s Power
- 11.2.3 Threat of New Entrants
- 11.2.4 Degree of Rivalry
- 11.2.5 Threat of Substitutes
- 11.3 Key Indicators for Demand
- 11.4 Key Indicators for Price
- 12 Competitive Landscape
- 12.1 Supplier Selection
- 12.2 Key Global Players
- 12.3 Key Regional Players
- 12.4 Key Player Strategies
- 12.5 Company Profiles
- 12.5.1 AECOM Technology Corporation
- 12.5.1.1 Company Overview
- 12.5.1.2 Product Portfolio
- 12.5.1.3 Demographic Reach and Achievements
- 12.5.1.4 Certifications
- 12.5.2 Sumitomo Electric Industries, Ltd.
- 12.5.2.1 Company Overview
- 12.5.2.2 Product Portfolio
- 12.5.2.3 Demographic Reach and Achievements
- 12.5.2.4 Certifications
- 12.5.3 Mundys SpA
- 12.5.3.1 Company Overview
- 12.5.3.2 Product Portfolio
- 12.5.3.3 Demographic Reach and Achievements
- 12.5.3.4 Certifications
- 12.5.4 Advantech Co., Ltd
- 12.5.4.1 Company Overview
- 12.5.4.2 Product Portfolio
- 12.5.4.3 Demographic Reach and Achievements
- 12.5.4.4 Certifications
- 12.5.5 Aimsun SLU
- 12.5.5.1 Company Overview
- 12.5.5.2 Product Portfolio
- 12.5.5.3 Demographic Reach and Achievements
- 12.5.5.4 Certifications
- 12.5.6 Siemens Mobility GmbH
- 12.5.6.1 Company Overview
- 12.5.6.2 Product Portfolio
- 12.5.6.3 Demographic Reach and Achievements
- 12.5.6.4 Certifications
- 12.5.7 Cubic Transportation Systems, Inc.
- 12.5.7.1 Company Overview
- 12.5.7.2 Product Portfolio
- 12.5.7.3 Demographic Reach and Achievements
- 12.5.7.4 Certifications
- 12.5.8 Onnyx Electronisys Pvt. Ltd
- 12.5.8.1 Company Overview
- 12.5.8.2 Product Portfolio
- 12.5.8.3 Demographic Reach and Achievements
- 12.5.8.4 Certifications
- 12.5.9 Chemito Infotech Pvt. Ltd.
- 12.5.9.1 Company Overview
- 12.5.9.2 Product Portfolio
- 12.5.9.3 Demographic Reach and Achievements
- 12.5.9.4 Certifications
- 12.5.10 GMV Innovating Solutions, S.L.
- 12.5.10.1 Company Overview
- 12.5.10.2 Product Portfolio
- 12.5.10.3 Demographic Reach and Achievements
- 12.5.10.4 Certifications
- 12.5.11 Others
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