PUBLISHER: TechNavio | PRODUCT CODE: 2125906
PUBLISHER: TechNavio | PRODUCT CODE: 2125906
The global intelligent transport system (ITS) market is forecasted to grow by USD 49183.0 mn during 2025-2030, accelerating at a CAGR of 9.6% during the forecast period. The report on the global intelligent transport system (ITS) 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 escalating urbanization and severe traffic congestion, heightened focus on road safety and accident reduction, integration of ai and connected vehicle 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 | 2025 |
| End Year | 2030 |
| Series Year | 2026-2030 |
| Growth Momentum | Accelerate |
| YOY 2026 | 9.1% |
| CAGR | 9.6% |
| Incremental Value | $49183.0 mn |
Technavio's global intelligent transport system (ITS) market is segmented as below:
By Application
By Type
By Mode Of Transportation
By Component
Geography
This study identifies the shift toward cloud-based traffic management and edge computing architectures as one of the prime reasons driving the global intelligent transport system (its) market growth during the next few years. Also, proliferation of cooperative vehicle-infrastructure systems and cellular v2x connectivity and integration of multimodal mobility platforms and unified data fabrics will lead to sizable demand in the market.
The report on the global intelligent transport system (its) 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 intelligent transport system (its) market vendors that include Advantech Co. Ltd., Axiomtek Co. Ltd., Continental AG, Cubic Corp., DENSO Corp., Econolite Control Products Inc., EFKON GmbH, Hanwha Vision Co. Ltd., Indra Sistemas SA, IntelliStride Technologies Ltd, Jenoptik AG, Mitsubishi Electric Corp., Moxa Inc., Neology Inc., Q Free ASA, ST Engineering Ltd., SWARCO AG, TagMaster AB, Teledyne FLIR LLC, Verra Mobility Corp., VITRONIC Machine Vision GmbH, Wavetronix LLC. Also, the global intelligent transport system (its) 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.