Intelligent Transportation Systems Market Size, Trend and Analysis by Region, System Type, Application and Segment Forecast to 2026

Powered by

Access in-depth insight and stay ahead of the market

Accessing the in-depth insight from the Intelligent Transportation Systems (ITS)’ report can help you:

  • Make well-informed investment decisions
  • Stay ahead of your competitors by understanding their positioning within the market and identifying areas of opportunity for growth and expansion.
  • Discover potential application areas, segments, and markets to help broaden your product portfolio and make successful investments.
  • Identify potential areas of disruption within the transportation industry to help future-proof your business and stay ahead of emerging trends

How is our Intelligent Transportation Systems (ITS)’ report different from other reports in the market?

  • Detailed market sizing and forecast analysis for over 20 countries, covering the period 2019-2026 to gain a comprehensive understanding of the Intelligent Transportation Systems (ITS) market with
  • Detailed segmentation by system type, including Advanced Traffic Management Systems (ATMS), Advanced Traveler Information System (ATIS), Advanced Public Transportation System (APTS), Advanced Transportation Pricing System (ATPS), Commercial Vehicle Operations (CVO) system, and Others to analyze the market on a granular level
  • Further segmentation  by application level, including Intelligent Traffic Control, Road Safety & Security, Freight Management, Public Transport, Environment Protection, Automotive Telematics, Parking Management, Road Tolling Systems, and Others to provide detailed understanding of the various use cases and application areas for ITS technology helping to identify specific areas of opportunity and growth within the ITS market, and help businesses tailor their product offerings and investments accordingly.
  • Identify opportunities to improve efficiency and enhance competitiveness with a detailed value chain analysis.
  • Stay ahead of technological and regulatory trends with insights into driving and challenging factors impacting the ITS market. Understand the role of IoT in the ITS sector and identify new application areas.
  • Utilize the growth innovation matrix to understand competition within the market and categorize players into flagbearers, contenders, specialists, and experimenters based on their revenue growth and R&D efforts.
  • Benchmark key players in the market with competitive profiling to gain a deeper understanding of industry competition.

We recommend this valuable source of information to anyone involved in:

  • Intelligent Transportation Systems Providers/ Startups
  • Technology and Automation Firms
  • Automotive Companies
  • Electronic Hardware and Semiconductor Companies
  • Turnkey Contractors
  • Consulting Companies
  • Venture Capital firms

Intelligent Transportation Systems Market Overview

The global intelligent transportation systems market size will be valued at $20.52 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 8.6% over the forecast period. Increasing number of road fatalities, environmental pollution, fleet operations, and rapid development of smart cities are some of the factors driving the market growth.

The growing population and rate of urbanization has led to the rise of several issues, including high traffic, low parking spaces, delays in public transports, delays at toll booths, and more. ITS are equipped with smart technologies such as artificial intelligence (AI), IoT, and edge computing, which leverage the power of 5G network connectivity to manage and control transportation networks effectively.

The Internet of Things (IoT) has enabled interconnectivity between various transport infrastructure such as traffic signals, tolling systems, CCTV cameras, and sensors along with autonomous and electric vehicles. This system is popularly known as Vehicle-to- Infrastructure (V2I), which is gaining traction as it enables seamless transmission of information such as road conditions, traffic status, weather conditions, closed roads, and obstacles with the drivers, subsequently preventing any traffic jams and mishaps. Furthermore, the integration of IoT, AI, and edge computing with transport infrastructure ensures real-time data collection and processing, thereby predicting and avoiding any traffic congestions and accidents.

Intelligent Transportation Systems Market Outlook, 2019-2026 ($ Billion)

Intelligent Transportation Systems Market Outlook, 2019-2026 ($ Billion)

View Sample Report for Additional Insights on the Intelligent Transportation Systems Market Forecast, Download a Free Report Sample

The increasing focus on development of smart cities is anticipated to contribute to the intelligent transportation systems market growth. Smart mobility is one of the important factors contributing to the development of smart cities, due to which several governments are investing in upgrading the transport infrastructure in order to automate the transportation systems globally.  For instance, the government authorities in Paris, France are expected to invest EUR 100 million to enhance its already established ITS by facilitating mass deployment of autonomous and connected vehicles. The government is focused on moving towards replacing its entire bus fleet with electric vehicles to automate transportation. With the existing ITS, the city has been successful in reducing traffic fatalities by 40% since 2010.

Further, governments are also offering incentives in order to encourage technology companies to introduce innovative products. For instance, in September 2022 the US Department of Transportation introduced funding opportunities for two grant programs, namely, Advanced Transportation Technology and Innovation (ATTAIN) and Strengthening Mobility and Revolutionizing Transportation (SMART). In the first round of SMART, the DOT was supposed to award $100 million in grants for public demonstration of projects that offer solutions to real world challenges using technology and build and expertise in the public sector. Such initiatives from the governments are expected to motivate ITS vendors in developing new products and capitalizing on the opportunity of market growth.

However, intelligent transportation systems introduce privacy concerns related to passenger data collected during the time of travel bookings. Data privacy is not only limited to the traveler but also driver, passenger, and pedestrians. Intelligent transportation systems are vulnerable to data breaches owing to continued data transmission over networks. As such, security threats related to data protection and cyber-attacks are anticipated to pose a challenge to market growth.

Intelligent Transportation Systems Market Segmentation by System Type

The advanced traffic management system (ATMS) held the largest market share of more than 30% of the overall ITS market in 2022. Increasing population and urbanization has led to rise in traffic within the cities resulting in growing number of road fatalities and congestion, which has increased the demand of traffic management systems. ATMS are deployed on traffic signals, parking centers, and highways in order to manage and control the traffic flow, ensure convenient parking, and reduces chances of road fatalities.

Intelligent Transportation Systems Market Share, by System Type, 2023 (%)

Intelligent Transportation Systems Market Share, by System Type, 2023 (%)

 

For More System Type Insights on Intelligent Transportation Systems Market, Download a Free Report Sample

The advanced transport pricing systems (ATPS) segment is expected to register the fastest growth over the forecast period. These systems involve electronic tolling, congestion pricing, and law enforcements, which help in preventing long queues on highway toll booth and maintaining transport discipline within the city, which is expected to increase the adoption of these systems in the future.

Intelligent Transportation Systems Market Segmentation by Application

The road tolling systems segment is expected to exhibit high growth owing to the growing installation of tolling systems at highway toll booth in order to regulate traffic. The freight management segment is anticipated to register a significant growth owing to the increasing adoption of fleet management solutions by transport managers. Fleet management solutions offer multiple features to the managers, including fleet vehicle tracking, fleet maintenance, driver behavior, and documentation, among others, which help in managing timely delivery and avoid any breakdown of transport vehicles.

Intelligent Transportation Systems Market Share, by Application, 2023 (%)

Intelligent Transportation Systems Market Share, by Application, 2023 (%)

 

For More Application Insights on Intelligent Transportation Systems Market, Download a Free Report Sample

The automotive telematics and environment protection segments are expected to exhibit a steady growth over the forecast period owing to the introduction of navigation systems and dynamic displays in automobiles, which help in reducing travel time, and predicting maintenance, which help in fuel conservation and economic travel. In addition, several governments worldwide are offering incentives to automobile companies to introduce advanced telematic features to the vehicles while also manufacturing autonomous vehicles, which also facilitate environmental conservation.

Intelligent Transportation Systems Market Analysis by Region

North America accounted for the largest intelligent transportation system market share owing to the early adoption of technology in the region and a high number of IoT deployments. Further, the robust IT & telecom infrastructure across the region and the number of clouds and edge deployments are some factors supporting the adoption of ITS.

Intelligent Transportation Systems Market Share, by Region, 2023 (%)

Intelligent Transportation Systems Market Share, by Region, 2023 (%)

 

View Sample Report for Additional Intelligent Transportation Systems Market Insights, Download a Free Report Sample

The market for ITS in the Asia Pacific is expected to grow at over 10% over the forecast period. The region’s high population and presence of a wide transportation network are the prime factors that are expected to contribute to market growth. Additionally, the high number of smart city programs and government focus on sustainable development is contributing to market growth.

For instance, the metropolitan government in Seoul, South Korea, had started investing in ITS since 2003 in order to ensure sustainable growth. The intelligent transportation systems in the city uses sensors to collect data around the city and helps in maintaining traffic flow. Further, the government is also investing in 5G infrastructure and connected vehicles and plans to install advanced driver assistance systems on taxis and buses by leveraging the power of 5G networks.

Intelligent Transportation Systems Market – Competitive Landscape

The market is fragmented and highly competitive with the presence of several large and medium enterprises offering innovative solutions. Major players in the market adopt inorganic growth strategies such as mergers and acquisitions, business expansions, and partnerships in order to gain a competitive edge in the market. For instance, in February 2023, Yunex Traffic collaborated with Bosch to develop innovative ITS solutions to be deployed at road intersections. The partnership is focused on integrating Yunex Traffic’s Roadside Units (RSUs) with Bosch’s video sensors and build a solution, which will help in broadcasting connected vehicle to infrastructure (CV2X) warnings and reduce the number of accidents.

Companies operating in the market have a stronghold in their respective service offerings. For instance, TomTom NV, Hitachi Ltd., Thales SA, Kapsch TrafficCom AG, Garmin Ltd., Yunex Traffic, Conduent Inc., Cubic Transportation Systems Inc, and Telenav Inc are some of the leaders in the ITS value chain.

Leading Players in the ITS Market

  • Garmin Ltd
  • Advantech Co Ltd
  • Iteris Inc
  • Kapsch TrafficCom AG
  • TomTom NV
  • Agero Inc
  • Thales SA
  • Telenav, Inc
  • Xerox Corp
  • Cubic Transportation Systems Inc
  • Lanner Electronics Inc

Other Intelligent Transportation Systems Market Vendors Mentioned

Hitachi Ltd, Q-Free ASA, Tagmaster, Parsons, DENSO CORPORATION, Swarco, EFKON GmbH, TransCore, Indra Sistemas S.A., Sensys Networks, Inc., Teledyne FLIR Systems, Inc., GeoToll, Netradyne, Stantec, Sumitomo Electric Industries, Ltd., GPS Allied, Vontas, Intel Corporation, Bosch Security Systems, LLC., MITSUBISHI HEAVY INDUSTRIES, LTD., Schneider Electric, and HERE Technologies, among others.

To Know More About Leading Intelligent Transportation Systems Market Players, Download a Free Report Sample

Intelligent Transportation Systems Market Research Scope

Market Size (2023) $20.52 billion
Market Size (2026) $26.31 billion
CAGR (2023-2026) 8.6%
Forecast Period 2023-2026
Historic Data 2019-2022
Report Scope & Coverage Revenue Forecast, Competitive Index, Company Market Share, and Growth Trends
Region Segment North America, Europe, APAC, South & Central America, and Middle East & Africa
System Type Segment Advanced Traffic Management Systems (ATMS), Advanced Traveller Information System (ATIS), Advanced Public Transportation System (APTS), Advanced Transportation Pricing System (ATPS), Commercial Vehicle Operations (CVO) system, Others
Application Segment Intelligent Traffic Control, Road Safety & Security, Freight Management, Public Transport, Environment Protection, Automotive Telematics, Parking Management, Road Tolling Systems, Others
Key Companies Garmin Ltd, Advantech Co Ltd, Iteris Inc, Kapsch TrafficCom AG, TomTom NV, Agero Inc, Thales SA, TeleNav, Inc, Xerox Corp, Cubic Transportation Systems Inc, Lanner Electronics Inc

Intelligent Transportation Systems Market Segments and Scope

GlobalData Plc has segmented the Intelligent Transportation Systems market report by system type, application, and region:

 Intelligent Transportation Systems Market System Type Outlook (Revenue, USD Million, 2019-2026)

  • Advanced Traffic Management Systems (ATMS)
  • Advanced Traveler Information System (ATIS)
  • Advanced Public Transportation System (APTS)
  • Advanced Transportation Pricing System (ATPS)
  • Commercial Vehicle Operations (CVO) system
  • Others

Intelligent Transportation Systems Market Application Outlook (Revenue, USD Million, 2019-2026)

  • Intelligent Traffic Control
  • Road Safety & Security
  • Freight Management
  • Public Transport
  • Environment Protection
  • Automotive Telematics
  • Parking Management
  • Road Tolling Systems
  • Others

Intelligent Transportation Systems Regional Outlook (Revenue, USD Million, 2019-2026)

  • North America
  • US
  • Canada
  • Mexico
  • Europe 
  • UK
  • Germany
  • France
  • Netherlands
  • Italy
  • Spain
  • Denmark
  • Austria
  • Sweden
  • Rest of Europe
  • Asia Pacific 
  • China
  • India
  • Japan
  • South Korea
  • Australia
  • Singapore
  • Rest of Asia Pacific
  • South & Central America
  • Brazil
  • Argentina
  • Rest of South & Central America
  • Middle East & Africa
  • Saudi Arabia
  • South Africa
  • United Arab Emirates (UAE)
  • Rest of Middle East & Africa

The market intelligence report provides an in-depth analysis of the following –

  • Intelligent transportation systems (ITS) market outlook: analysis as well as historical figures and forecasts of revenue opportunities from the system type, application, and region segments.
  • The competitive landscape: an examination of the positioning of leading players in the ITS market.
  • Company snapshots: analysis of the market position of leading service providers in the ITS market.
  • Underlying assumptions behind our published base-case forecasts, as well as potential market developments that would alter, either positively or negatively, our base-case outlook.

Reasons to Buy

  • This market intelligence report offers a thorough, forward-looking analysis of the global ITS market by system type, application, and region, and key opportunities in a concise format to help executives build proactive and profitable growth strategies.
  • Accompanying GlobalData’s Forecast products, the report examines the assumptions and drivers behind ongoing and upcoming trends in intelligent transportation system markets.
  • The report also highlights key system type segments (Advanced Traffic Management Systems (ATMS), Advanced Traveler Information System (ATIS), Advanced Public Transportation System (APTS), Advanced Transportation Pricing System (ATPS), Commercial Vehicle Operations (CVO) system, Others)
  • The report also highlights key application segments (Intelligent Traffic Control, Road Safety & Security, Freight Management, Public Transport, Environment Protection, Automotive Telematics, Parking Management, Road Tolling Systems, Others)
  • With more than 20 charts and tables, the report is designed for an executive-level audience, with enhanced presentation quality.
  • The report provides an easily digestible market assessment for decision-makers built around in-depth information gathered from local market players that enables executives to quickly get up to speed with the current and emerging trends in intelligent transportation system markets.
  • The broad perspective of the report, coupled with comprehensive, actionable detail, will help technology companies, automotive OEMs, and other transportation value chain players succeed in growing the ITS market globally.

Key Players

Garmin Ltd
Advantech Co Ltd
Iteris Inc
Kapsch TrafficCom AG
TomTom NV
Agero Inc
Thales SA
Telenav, Inc
Xerox Corp
Cubic Transportation Systems Inc
Lanner Electronics Inc

Table of Contents

  • 1. Executive Summary

    • 1.1. Intelligent Transportation Systems (ITS) Market Snapshot, 2019-2026

  • 2. Research Scope & Segmentation

    • 2.1. Intelligent Transportation Systems (ITS): Market Segmentation and Scope
    • 2.2. Market & Segment Definitions

  • 3. Market Overview & Industry Analysis

    • 3.1. Value Chain Analysis
    • 3.2. Market Drivers & Challenges
    • 3.3. Porters Five Forces Model
    • 3.4. Technology Trends
    • 3.5. Regulatory Trends
    • 3.6. Intelligent Transportation Systems – Use Cases
    • 3.7. Role of IoT in Intelligent Transportation Systems

  • 4. Intelligent Transportation Systems (ITS) Revenue Opportunity & Forecast

    • 4.1. Global ITS Market Size & Forecasts, by System Type, 2019-2026 ($ Mn)
    • 4.2. Global ITS Market Size & Forecasts, by Application, 2019-2026 ($ Mn)

  • 5. Intelligent Transportation Systems (ITS) Revenue Opportunity & Forecasts by Region

    • 5.1. North America ITS Market Size & Forecasts, 2019-2026 ($ Mn)
    • 5.2. Europe ITS Market Size & Forecasts, 2019-2026 ($ Mn)
    • 5.3. South & Central America ITS Market Size & Forecasts, 2019-2026 ($ Mn)
    • 5.4. Asia Pacific ITS Market Size & Forecasts, 2019-2026 ($ Mn)
    • 5.5. Middle East & Africa ITS Market Size & Forecasts, 2019-2026 ($ Mn)

  • 6. Competitive Landscape

    • 6.1. Vendor Growth Innovation Matrix
    • 6.2. Mergers and Acquisitions
    • 6.3. Company Profiles

      • 6.3.1. Overview
      • 6.3.2. Financial Performance
      • 6.3.3. Recent Developments & Innovations

Table

List of Tables

Table 1 ATMS ITS Market by Country 2019-2026 ($M)

Table 2 ATIS ITS Market by Country 2019-2026 ($M)

Table 3 APTS ITS Market by Country 2019-2026 ($M)

Table 4 ATPS ITS Market by Country 2019-2026 ($M)

Table 5 CVO ITS Market by Country 2019-2026 ($M)

Table 6 Others ITS Market by Country 2019-2026 ($M)

Table 7 Intelligent Traffic Control ITS Market by Country 2019-2026 ($M)

Table 8 Road Safety & Security ITS Market by Country 2019-2026 ($M)

Table 9 Freight Management ITS Market by Country 2019-2026 ($M)

Table 10 Public Transport ITS Market by Country 2019-2026 ($M)

Table 11 Environment Protection ITS Market by Country 2019-2026 ($M)

Table 12 Automotive Telematics ITS Market by Country 2019-2026 ($M)

Table 13 Parking Management ITS Market by Country 2019-2026 ($M)

Table 14 Road Tolling Systems ITS Market by Country 2019-2026 ($M)

Table 15 Others ITS Market by Country 2019-2026 ($M)

Figures

List of Figures

Fig.1 Intelligent Transportation Systems (ITS) Market Snapshot

Fig.2 Intelligent Transportation Systems (ITS) Market Segmentation

Fig.3 Intelligent Transportation Systems (ITS) Industry Value Chain Analysis

Fig.4 Global Intelligent Transportation Systems (ITS) PORTER’s Five Force Analysis

Fig.5 Intelligent Transportation Systems (ITS) Market – Key Drivers Impact Analysis

Fig.6 Intelligent Transportation Systems (ITS)– Key Market Challenges Impact Analysis

Fig.7 Global Intelligent Transportation Systems (ITS) Market – Revenue Opportunity Forecast, 2019-2026 (US$ Million)

Fig.8 Global Intelligent Transportation Systems (ITS) Market, By System Type, 2019-2026 (US$ Million)

Fig.9 Global Intelligent Transportation Systems (ITS) Market, By Application, 2019-2026 (US$ Million)

Fig.10 Intelligent Transportation Systems (ITS)– Market Overview

Fig.11 North America Intelligent Transportation Systems (ITS) Market Snapshot

Fig.12 North America Intelligent Transportation Systems (ITS), By Country Share – 2021 & 2026 (%)

Fig.13 North America Intelligent Transportation Systems (ITS), By System Type Share – 2021 & 2026 (%)

Fig.14 North America Intelligent Transportation Systems (ITS), By Application Share – 2021 & 2026 (%)

Fig.15 US Intelligent Transportation Systems (ITS), By System Type Share – 2021 & 2026 (%)

Fig.16 US Intelligent Transportation Systems (ITS), By Application Share – 2021 & 2026 (%)

Fig.17 Canada Intelligent Transportation Systems (ITS), By System Type Share – 2021 & 2026 (%)

Fig.18 Canada Intelligent Transportation Systems (ITS), By Application Share – 2021 & 2026 (%)

Fig.19 Mexico Intelligent Transportation Systems (ITS), By System Type Share – 2021 & 2026 (%)

Fig.20 Mexico Intelligent Transportation Systems (ITS), By Application Share – 2021 & 2026 (%)

Fig.21 Europe Intelligent Transportation Systems (ITS) Market Snapshot

Fig.22 Europe Intelligent Transportation Systems (ITS), By Country Share – 2021 & 2026 (%)

Fig.23 Europe Intelligent Transportation Systems (ITS), By System Type Share – 2021 & 2026 (%)

Fig.24 Europe Intelligent Transportation Systems (ITS), By Application Share – 2021 & 2026 (%)

Fig.25 UK Intelligent Transportation Systems (ITS), By System Type Share – 2021 & 2026 (%)

Fig.26 UK Intelligent Transportation Systems (ITS), By Application Share – 2021 & 2026 (%)

Fig.27 Germany Intelligent Transportation Systems (ITS), By System Type Share – 2021 & 2026 (%)

Fig.28 Germany Intelligent Transportation Systems (ITS), By Application Share – 2021 & 2026 (%)

Fig.29 France Intelligent Transportation Systems (ITS), By System Type Share – 2021 & 2026 (%)

Fig.30 France Intelligent Transportation Systems (ITS), By Application Share – 2021 & 2026 (%)

Fig.31 Netherlands Intelligent Transportation Systems (ITS), By System Type Share – 2021 & 2026 (%)

Fig.32 Netherlands Intelligent Transportation Systems (ITS), By Application Share – 2021 & 2026 (%)

Fig.33 Italy Intelligent Transportation Systems (ITS), By System Type Share – 2021 & 2026 (%)

Fig.34 Italy Intelligent Transportation Systems (ITS), By Application Share – 2021 & 2026 (%)

Fig.35 Spain Intelligent Transportation Systems (ITS), By System Type Share – 2021 & 2026 (%)

Fig.36 Spain Intelligent Transportation Systems (ITS), By Application Share – 2021 & 2026 (%)

Fig.37 Denmark Intelligent Transportation Systems (ITS), By System Type Share – 2021 & 2026 (%)

Fig.38 Denmark Intelligent Transportation Systems (ITS), By Application Share – 2021 & 2026 (%)

Fig.39 Austria Intelligent Transportation Systems (ITS), By System Type Share – 2021 & 2026 (%)

Fig.40 Austria Intelligent Transportation Systems (ITS), By Application Share – 2021 & 2026 (%)

Fig.41 Sweden Intelligent Transportation Systems (ITS), By System Type Share – 2021 & 2026 (%)

Fig.42 Sweden Intelligent Transportation Systems (ITS), By Application Share – 2021 & 2026 (%)

Fig.43 Rest of Europe Intelligent Transportation Systems (ITS), By System Type Share – 2021 & 2026 (%)

Fig.44 Rest of Europe Intelligent Transportation Systems (ITS), By Application Share – 2021 & 2026 (%)

Fig.45 Asia Pacific Intelligent Transportation Systems (ITS) Market Snapshot

Fig.46 Asia Pacific Intelligent Transportation Systems (ITS), By Country Share – 2021 & 2026 (%)

Fig.47 Asia Pacific Intelligent Transportation Systems (ITS), By System Type Share – 2021 & 2026 (%)

Fig.48 Asia Pacific Intelligent Transportation Systems (ITS), By Application Share – 2021 & 2026 (%)

Fig.49 China Intelligent Transportation Systems (ITS), By System Type Share – 2021 & 2026 (%)

Fig.50 China Intelligent Transportation Systems (ITS), By Application Share – 2021 & 2026 (%)

Fig.51 India Intelligent Transportation Systems (ITS), By System Type Share – 2021 & 2026 (%)

Fig.52 India Intelligent Transportation Systems (ITS), By Application Share – 2021 & 2026 (%)

Fig.53 Japan Intelligent Transportation Systems (ITS), By System Type Share – 2021 & 2026 (%)

Fig.54 Japan Intelligent Transportation Systems (ITS), By Application Share – 2021 & 2026 (%)

Fig.55 South Korea Intelligent Transportation Systems (ITS), By System Type Share – 2021 & 2026 (%)

Fig.56 South Korea Intelligent Transportation Systems (ITS), By Application Share – 2021 & 2026 (%)

Fig.57 Australia Intelligent Transportation Systems (ITS), By System Type Share – 2021 & 2026 (%)

Fig.58 Australia Intelligent Transportation Systems (ITS), By Application Share – 2021 & 2026 (%)

Fig.59 Singapore Intelligent Transportation Systems (ITS), By System Type Share – 2021 & 2026 (%)

Fig.60 Singapore Intelligent Transportation Systems (ITS), By Application Share – 2021 & 2026 (%)

Fig.61 Rest of Asia Pacific Intelligent Transportation Systems (ITS), By System Type Share – 2021 & 2026 (%)

Fig.62 Rest of Asia Pacific Intelligent Transportation Systems (ITS), By Application Share – 2021 & 2026 (%)

Fig.63 South and Central America Intelligent Transportation Systems (ITS) Market Snapshot

Fig.64 South and Central America Intelligent Transportation Systems (ITS), By Country Share – 2021 & 2026 (%)

Fig.65 South and Central America Intelligent Transportation Systems (ITS), By System Type Share – 2021 & 2026 (%)

Fig.66 South and Central America Intelligent Transportation Systems (ITS), By Application Share – 2021 & 2026 (%)

Fig.67 Brazil Intelligent Transportation Systems (ITS), By System Type Share – 2021 & 2026 (%)

Fig.68 Brazil Intelligent Transportation Systems (ITS), By Application Share – 2021 & 2026 (%)

Fig.69 Argentina Intelligent Transportation Systems (ITS), By System Type Share – 2021 & 2026 (%)

Fig.70 Argentina Intelligent Transportation Systems (ITS), By Application Share – 2021 & 2026 (%)

Fig.71 Rest of South and Central America Intelligent Transportation Systems (ITS), By System Type Share – 2021 & 2026 (%)

Fig.72 Rest of South and Central America Intelligent Transportation Systems (ITS), By Application Share – 2021 & 2026 (%)

Fig.73 Middle East and Africa Intelligent Transportation Systems (ITS) Market Snapshot

Fig.74 Middle East and Africa Intelligent Transportation Systems (ITS), By Country Share – 2021 & 2026 (%)

Fig.75 Middle East and Africa Intelligent Transportation Systems (ITS), By System Type Share – 2021 & 2026 (%)

Fig.76 Middle East and Africa Intelligent Transportation Systems (ITS), By Application Share – 2021 & 2026 (%)

Fig.77 Saudi Arabia Intelligent Transportation Systems (ITS), By System Type Share – 2021 & 2026 (%)

Fig.78 Saudi Arabia Intelligent Transportation Systems (ITS), By Application Share – 2021 & 2026 (%)

Fig.79 South Africa Intelligent Transportation Systems (ITS), By System Type Share – 2021 & 2026 (%)

Fig.80 South Africa Intelligent Transportation Systems (ITS), By Application Share – 2021 & 2026 (%)

Fig.81 UAE Intelligent Transportation Systems (ITS), By System Type Share – 2021 & 2026 (%)

Fig.82 UAE Intelligent Transportation Systems (ITS), By Application Share – 2021 & 2026 (%)

Fig.83 Rest of Middle East and Africa Intelligent Transportation Systems (ITS), By System Type Share – 2021 & 2026 (%)

Fig.84 Rest of Middle East and Africa Intelligent Transportation Systems (ITS), By Application Share – 2021 & 2026 (%)

Fig.85 Intelligent Transportation Systems (ITS) – Growth-Innovation Matrix

Fig.86 Information Procurement

Fig.87 Data Analysis Model

Fig.88 Research Methodology

Frequently asked questions

  • What was the intelligent transportation systems market size in 2023?

    The intelligent transportation systems market size globally will be valued at $20.52 billion in 2023.

  • What will be the intelligent transportation systems market size in 2026?

    The intelligent transportation systems market size is expected to reach $26.30 billion by 2026.

  • What is the intelligent transportation systems market growth rate?

    The intelligent transportation systems market is expected to grow at a CAGR of 8.6% during the forecast period (2023-2026).

  • What are the key intelligent transportation systems market drivers?

    The increasing demand for ITS solutions in managing and controlling traffic, environmental conservation, reducing road accidents, automating toll collection, and automating fleet services are some of the factors anticipated to drive intelligent transportation systems market growth.

  • What are the key intelligent transportation systems market segments?

    System Type Segments: Advanced Traffic Management Systems (ATMS), Advanced Traveller Information System (ATIS), Advanced Public Transportation System (APTS), Advanced Transportation Pricing System (ATPS), Commercial Vehicle Operations (CVO) system, Others

    Application Segments: Intelligent Traffic Control, Road Safety & Security, Freight Management, Public Transport, Environment Protection, Automotive Telematics, Parking Management, Road Tolling Systems, Others

  • Which are the leading intelligent transportation systems companies globally?

    Some of the leading intelligent transportation systems companies are TomTom NV, Hitachi Ltd., Thales SA, Kapsch TrafficCom AG, Garmin Ltd., Yunex Traffic, Conduent Inc., Cubic Transportation Systems Inc, and Telenav Inc.

  • Is there a third level of segmentation in the report?

    GlobalData’s focus is on providing reliable and accurate data that is supported by robust research methodology. Our reports undergo rigorous quality checks and are based on primary and secondary research sources, ensuring that the numbers and insights provided are trustworthy.  However, despite the best efforts to gather comprehensive data, there could be instances where the available data is limited, making it challenging to provide third level segmentation. In such cases, GlobalData may choose to provide high-level insights and general trends rather than forcing segmentation that may not be backed by sufficient data. This approach ensures that the report’s overall quality and credibility are maintained.

Currency USD
$3,950

Can be used by individual purchaser only

$7,950

Can be shared globally by unlimited users within the purchasing corporation e.g. all employees of a single company


Undecided about purchasing this report?

Enquire Before Buying Request a Free Sample

Get in touch to find out about multi-purchase discounts

reportstore@globaldata.com
Tel +44 20 7947 2745

Every customer’s requirement is unique. With over 220,000 construction projects tracked, we can create a tailored dataset for you based on the types of projects you are looking for. Please get in touch with your specific requirements and we can send you a quote.

Sample Report

We are confident about Intelligent Transportation Systems Market Size, Trend and Analysis by Region, System Type, Application and Segment Forecast to 2026 report's unique quality. However, we want you to make the most beneficial decision for your business, so we offer free sample pages to help you:

  • Assess the relevance of the report
  • Evaluate the quality of the report
  • Justify the cost

Download your copy of the sample report and make an informed decision about whether the full report will provide you with the insights and information you need.

Below is a sample report to understand what you are buying

See what our customers are saying

“The GlobalData platform is our go-to tool for intelligence services. GlobalData provides an easy way to access comprehensive intelligence data around multiple sectors, which essentially makes it a one-for-all intelligence platform, for tendering and approaching customers.

GlobalData is very customer orientated, with a high degree of personalised services, which benefits everyday use. The highly detailed project intelligence and forecast reports can be utilised across multiple departments and workflow scopes, from operational to strategic level, and often support strategic decisions. GlobalData Analytics and visualisation solutions has contributed positively when preparing management presentations and strategic papers.”

Business Intelligence & Marketing Manager, SAL Heavy Lift

“COVID-19 has caused significant interference to our business and the COVID-19 intelligence from GlobalData has helped us reach better decisions around strategy. These two highlights have helped enormously to understand the projections into the future concerning our business units, we also utilise the project database to source new projects for Liebherr-Werk to use as an additional source to pitch for new business.”

Market Analyst & Management, Liebherr-Werk

Your daily news has saved me a lot of time and keeps me up-to-date with what is happening in the market, I like that you almost always have a link to the source origin. We also use your market data in our Strategic Business Process to support our business decisions. By having everything in one place on the Intelligence Center it has saved me a lot of time versus looking on different sources, the alert function also helps with this.

Head of Key Accounts, Saab AB

Having used several other market research companies, I find that GlobalData manages to provide that ‘difficult-to-get’ market data that others can’t, as well as very diverse and complete consumer surveys.

Marketing Intelligence Manager, Portugal Foods

Our experience with GlobalData has been very good, from the platform itself to the people. I find that the analysts and the account team have a high level of customer focus and responsiveness and therefore I can always rely on. The platform is more holistic than other providers. It is convenient and almost like a one stop shop. The pricing suite is highly competitive and value for our organisation.

I like reports that inform new segments such as the analysis on generation Z, millennials, the impact of COVID 19 to our banking customers and their new channel habits. Secondly the specialist insight on affluent sector significantly increases our understanding about this group of customers. The combination of those give us depth and breadth of the evolving market.

I’m in the business of answering and helping people make decisions so with the intelligence center I can do that, effectively and efficiently. I can share quickly key insights that answer and satisfy our country stakeholders by giving them many quality studies and primary research about competitive landscape beyond the outlook of our bank. It helps me be seen as an advisory partner and that makes a big difference. A big benefit of our subscription is that no one holds the whole data and because it allows so many people, so many different parts of our organisation have access, it enables all teams to have the same level of knowledge and decision support.

Head of Customer Insight and Research, Standard Chartered

“I know that I can always rely on Globaldata’s work when I’m searching for the right consumer and market insights. I use Globaldata insights to understand the changing market & consumer landscape and help create better taste & wellbeing solutions for our customers in food, beverage and healthcare industries.

Globaldata has the right data and the reports are of very high quality compared to your competitors. Globaldata not only has overall market sizes & consumer insights on food & beverages but also provides insights at the ingredient & flavour level. That is key for B2B companies like Givaudan. This way we understand our customers’ business and also gain insight to our unique industry”

Head of Consumer Sensory Insights, Givaudan

GlobalData provides a great range of information and reports on various sectors that is highly relevant, timely, easy to access and utilise.  The reports and data dashboards help engagement with clients; they provide valuable industry and market insights that can enrich client conversations and can help in the shaping of value propositions. Moreover, using GlobalData products has helped increase my knowledge of the finance sector, the players within it, and the general threats and opportunities.

I find the consumer surveys that are carried out to be extremely beneficial and not something I have seen anywhere else. They provided an insightful view of why and which consumers take (or don’t) particular financial products. This can help shape conversations with clients to ensure they make the right strategic decisions for their business.

One of the challenges I have found is that data in the payments space is often piecemeal. With GD all of the data I need is in one place, but it also comes with additional market reports that provide useful extra context and information. Having the ability to set-up alerts on relevant movements in the industry, be it competitors or customers, and have them emailed directly to me, ensures I get early sight of industry activity and don’t have to search for news.

Senior Account Manager, TSYS
Go even deeper with GlobalData Intelligence Center

Every Company Report we produce is powered by the GlobalData Intelligence Center.

Subscribing to our intelligence platform means you can monitor developments at Intelligent Transportation Systems Market Size, Trend and Analysis by Region, System Type, Application and Segment Forecast to 2026 in real time.

  • Access a live Intelligent Transportation Systems Market Size, Trend and Analysis by Region, System Type, Application and Segment Forecast to 2026 dashboard for 12 months, with up-to-the-minute insights.
  • Fuel your decision making with real-time deal coverage and media activity.
  • Turn insights on financials, deals, products and pipelines into powerful agents of commercial advantage.