Intelligent Transportation Systems Global Market 2024 - Industry Trends, Share, Size, Growth, Opportunity And Forecast 2033

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Intelligent Transportation Systems Market Report
2024
Market Size, Trends and Global Forecast 2024-2033
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Intelligent Transportation Systems Segments
The Business Research Company segments its
Intelligent Transportation Systems report as
Hardware, Software, Services
By Offering
Advanced Traffic Management System, Cooperative
Vehicle System, Advanced Public Transportation
System, Advanced Traveler Information System,
Advanced Transportation Pricing Systems
By System
Roadways, Aviation, Railways, Maritime
By Application
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Market Statistics
The intelligent transportation systems market
size has grown strongly in recent years. It will
grow from 32.33 billion in 2023 to 35.52
billion in 2024 at a compound annual growth rate
(CAGR) of 9.9. The intelligent transportation
systems market size is expected to see rapid
growth in the next few years. It will grow to
52.23 billion in 2028 at a compound annual
growth rate (CAGR) of 10.1.
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Key Market Drivers And Trends
Drivers
An increasing number of road fatalities is
expected to propel the intelligent transportation
systems market.
Trends
Product innovations have emerged as key trends
gaining popularity in the intelligent
transportation systems market.
Region
North America was the largest region in the
intelligent transportation system market in 2023.
The regions covered in the intelligent
transportation systems market report are
Asia-Pacific, Western Europe, Eastern Europe,
North America, South America, Middle East,
Africa.
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Key Market Players

• Major players in the Intelligent Transportation
  Systems are
• Denso Corporation
• EFKON GmbH
• Garmin Ltd.
• Thales Group
• Kapsch TrafficCom AG
• And more.

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