PUBLISHER: TechNavio | PRODUCT CODE: 1911224
PUBLISHER: TechNavio | PRODUCT CODE: 1911224
The global smart transportation market is forecasted to grow by USD 300789.9 mn during 2025-2030, accelerating at a CAGR of 22.7% during the forecast period. The report on the global smart transportation market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by pervasive urbanization and acute traffic congestion, proactive government initiatives and sustainability mandates, convergence of advanced technologies.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
| Market Scope | |
|---|---|
| Base Year | 2026 |
| End Year | 2030 |
| Series Year | 2026-2030 |
| Growth Momentum | Accelerate |
| YOY 2026 | 19.6% |
| CAGR | 22.7% |
| Incremental Value | $300789.9 mn |
Technavio's global smart transportation market is segmented as below:
By Mode Of Transportation
By Type
By End-User
Geography
This study identifies the ascendancy of mobility as-a-service (maas) as one of the prime reasons driving the global smart transportation market growth during the next few years. Also, proliferation of predictive analytics and digital twins and deep integration of sustainable and electric mobility will lead to sizable demand in the market.
The report on the global smart transportation market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading global smart transportation market vendors that include Accenture PLC, ALE International, ALSTOM SA, Cisco Systems Inc., Digi International Inc., General Electric Co., Hitachi Ltd., IBM Corp., Indra Sistemas SA, Infinera Corp., Intel Corp., Kapsch TrafficCom AG, NEC Corp., NExT S.R.L., Parsons Corp., Schneider Electric SE, Siemens AG, Thales Group, WSP Global Inc.. Also, the global smart transportation market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.