The smart highway market is expected to grow from US$ 24.8 billion in 2021 to US$ 81.3 billion by 2028; it is estimated to grow at a CAGR of 18.4% from 2021 to 2028.
The development of smart highways involves the integration of advanced technologies, such as IoT and connected devices, in current road transportation structures. Various governing bodies are actively planning to modify their existing routes, especially highways, to support the intelligent transportation systems infrastructure. For instance, smart roads are critical elements in the EU “Cooperative Intelligent Transport Systems” (C-ITS) plan, meant to allow road users and traffic managers to share helpful information and coordinate their actions. To further substantiate the plan, in November 2016, the European Commission adopted a European Strategy for C-ITS to accelerate investments and regulatory framework upgrading across European countries. The speeding implementation of information and communication systems is driving the deployment of intelligent transportation systems in smart highways, combining various technologies and services - such as transport management systems, monitoring systems, and automated tolling solutions - to optimize mobility and roadways management, leading to a safer, and more sustainable and efficient transportation sector.
The major stakeholders in the smart highway market include component providers, systems manufacturers, software developers, system integrator, and end users (ITS roadway operators, enforcement agencies and transportation departments). With a growing sales of vehicles across the world, the issues such as traffic congestion, are also rising, thereby highlighting the need for smart highway solutions. Component suppliers provide ecosystems with the essential hardware components such as cameras, sensors, smart signals, and smart streetlights for the implementation of the physical infrastructure for smart highways. These hardware and software systems are then integrated together by the smart highway system integrators to create a complete comprehensive solution for efficient interaction between different components as well as the supporting software. Siemens AG is one of the system integrator that engages in the complete setup and installation of different solutions for smart highways. Furthermore, the law enforcement agencies use smart highway system features for identifying and reporting violations of roadway regulations, including emissions, traffic violations, toll violations, etc. The major customers of these systems for smart highways include transportation departments and agencies implementing intelligent technologies to build a resilient smart highway infrastructure.
The enactment of lockdowns and travel restrictions, shutdown of production facilities, and the shortage of employees had adversely affected the performances of major players in the mobility and transportation industry. Irrespective of the declined growth in 2020, the market gained the momentum from the beginning of 2021. Various industry players have been developing and implementing solutions to keep motorists informed and safe on the roads, to ultimately ensure travelers' safety in a scenario of changing driving behaviour. As per the CEO of Flow Labs, California, a smart infrastructure software solution provider, the company’s cloud-based autonomous traffic signal timing solution is built on cloud-based artificial intelligence that reduces the costs for transport agencies. In this way, the existing challenges faced by the transportation industry due to the impact of COVID-19, can be subverted by the use of smart and intelligent solutions for mobility.
The overall smart highway market size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. The process also serves the purpose of obtaining an overview and forecast for the smart highway market with respect to all the segments. It also provides the overview and forecast for the market based on all the segmentation provided with respect to five major regions - North America, Europe, Asia Pacific, the Middle East & Africa, and South America. Also, primary interviews were conducted with industry participants and commentators to validate data and gain more analytical insights into the topic. The participants of this process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers - along with external consultants such as valuation experts, research analysts, and key opinion leaders - specializing in the smart highway market. A few major players operating in the market are Cisco Systems, Inc; Huawei Technologies Co., Ltd; Kapsch TrafficCom AG; Nokia Corporation; Siemens AG; Telegra; Conduent, Inc.; Toshiba Corporation; Nippon Koei Co., Ltd.; and IBI Group.Reasons to Buy
The development of smart highways involves the integration of advanced technologies, such as IoT and connected devices, in current road transportation structures. Various governing bodies are actively planning to modify their existing routes, especially highways, to support the intelligent transportation systems infrastructure. For instance, smart roads are critical elements in the EU “Cooperative Intelligent Transport Systems” (C-ITS) plan, meant to allow road users and traffic managers to share helpful information and coordinate their actions. To further substantiate the plan, in November 2016, the European Commission adopted a European Strategy for C-ITS to accelerate investments and regulatory framework upgrading across European countries. The speeding implementation of information and communication systems is driving the deployment of intelligent transportation systems in smart highways, combining various technologies and services - such as transport management systems, monitoring systems, and automated tolling solutions - to optimize mobility and roadways management, leading to a safer, and more sustainable and efficient transportation sector.
The major stakeholders in the smart highway market include component providers, systems manufacturers, software developers, system integrator, and end users (ITS roadway operators, enforcement agencies and transportation departments). With a growing sales of vehicles across the world, the issues such as traffic congestion, are also rising, thereby highlighting the need for smart highway solutions. Component suppliers provide ecosystems with the essential hardware components such as cameras, sensors, smart signals, and smart streetlights for the implementation of the physical infrastructure for smart highways. These hardware and software systems are then integrated together by the smart highway system integrators to create a complete comprehensive solution for efficient interaction between different components as well as the supporting software. Siemens AG is one of the system integrator that engages in the complete setup and installation of different solutions for smart highways. Furthermore, the law enforcement agencies use smart highway system features for identifying and reporting violations of roadway regulations, including emissions, traffic violations, toll violations, etc. The major customers of these systems for smart highways include transportation departments and agencies implementing intelligent technologies to build a resilient smart highway infrastructure.
Impact of COVID-19 Pandemic on Smart Highway Market
The enactment of lockdowns and travel restrictions, shutdown of production facilities, and the shortage of employees had adversely affected the performances of major players in the mobility and transportation industry. Irrespective of the declined growth in 2020, the market gained the momentum from the beginning of 2021. Various industry players have been developing and implementing solutions to keep motorists informed and safe on the roads, to ultimately ensure travelers' safety in a scenario of changing driving behaviour. As per the CEO of Flow Labs, California, a smart infrastructure software solution provider, the company’s cloud-based autonomous traffic signal timing solution is built on cloud-based artificial intelligence that reduces the costs for transport agencies. In this way, the existing challenges faced by the transportation industry due to the impact of COVID-19, can be subverted by the use of smart and intelligent solutions for mobility.
The overall smart highway market size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. The process also serves the purpose of obtaining an overview and forecast for the smart highway market with respect to all the segments. It also provides the overview and forecast for the market based on all the segmentation provided with respect to five major regions - North America, Europe, Asia Pacific, the Middle East & Africa, and South America. Also, primary interviews were conducted with industry participants and commentators to validate data and gain more analytical insights into the topic. The participants of this process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers - along with external consultants such as valuation experts, research analysts, and key opinion leaders - specializing in the smart highway market. A few major players operating in the market are Cisco Systems, Inc; Huawei Technologies Co., Ltd; Kapsch TrafficCom AG; Nokia Corporation; Siemens AG; Telegra; Conduent, Inc.; Toshiba Corporation; Nippon Koei Co., Ltd.; and IBI Group.Reasons to Buy
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the smart highway market
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the smart highway market thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth Global market trends and outlook coupled with the factors driving the market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
Table of Contents
1. Introduction1.1 Study Scope
1.2 The Publisher's Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Smart Highway Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 North America
4.2.2 Europe
4.2.3 APAC
4.2.4 MEA
4.2.5 SAM
4.3 Ecosystem Analysis
4.4 Expert Opinions
5. Smart highway Market - Key Market Dynamics
5.1 Key Market Drivers
5.1.1 Augmenting Demands for Sustainable Highways to Reduce Traffic Issues
5.1.2 Rising Integration of Traffic Control Centers and Route Guidance Systems
5.2 Key Market Restraints
5.2.1 Lack of Supporting Infrastructure, Unawareness, and Unwillingness to Adopt New Ways
5.3 Key Market Opportunities
5.3.1 Digital Reality and Mobility Innovation
5.4 Future Trends
5.4.1 Advent of Smart City Concepts
5.5 Impact Analysis of Drivers And Restraints
6. Smart Highway - Global Market Analysis
6.1 Global Smart highway Market Overview
6.2 Global Smart Highway Market Revenue Forecast and Analysis
6.3 Market Positioning - Five Key Players
7. Smart highway Market Analysis - By Technology
7.1 Overview
7.2 Smart highway Market, By Technology (2020 and 2028)
7.3 Smart Transport Management System
7.3.1 Overview
7.3.2 Smart transport management system: Smart Highway Market - Revenue and Forecast to 2028 (USD Million)
7.4 Smart Traffic Management System
7.4.1 Overview
7.4.2 Smart Traffic Management System: Smart Highway Market - Revenue and Forecast to 2028 (USD Million)
7.5 Communication System
7.5.1 Overview
7.5.2 Communication System: Smart Highway Market - Revenue and Forecast to 2028 (USD Million)
7.6 Monitoring System
7.6.1 Overview
7.6.2 Monitoring System: Smart Highway Market - Revenue and Forecast to 2028 (USD Million)
7.7 Others
7.7.1 Overview
7.7.2 Others: Smart Highway Market - Revenue and Forecast to 2028 (USD Million)
8. Smart highway Market Analysis - By Component
8.1 Overview
8.2 Smart highway Market, By Component (2020 and 2028)
8.3 Hardware
8.3.1 Overview
8.3.2 Hardware: Smart Highway Market - Revenue and Forecast to 2028 (USD Million)
8.4 Software
8.4.1 Overview
8.4.2 Software: Smart Highway Market - Revenue and Forecast to 2028 (USD Million)
9. Smart highway Market - Geographic Analysis
9.1 Overview
9.2 North America: Smart highway Market
9.2.1 North America: Smart Highway Market - Revenue and Forecast to 2027 (US$ Million)
9.2.2 North America: Smart highway Market, By Technology
9.2.3 North America: Smart highway Market, By Component
9.2.4 North America: Smart highway Market, By Country
9.2.4.1 United States: Smart Highway Market - Revenue and Forecast to 2027 (US$ Million)
9.2.4.1.1 United States: Smart highway Market, By Technology
9.2.4.1.2 United States: Smart highway Market, By Component
9.2.4.2 Canada: Smart Highway Market - Revenue and Forecast to 2027 (US$ Million)
9.2.4.2.1 Canada: Smart highway Market, By Technology
9.2.4.2.2 Canada: Smart highway Market, By Component
9.2.4.3 Mexico: Smart Highway Market - Revenue and Forecast to 2027 (US$ Million)
9.2.4.3.1 Mexico: Smart highway Market, By Technology
9.2.4.3.2 Mexico: Smart highway Market, By Component
9.3 Europe: Smart highway Market
9.3.1 Europe: Smart Highway Market - Revenue and Forecast to 2027 (US$ Million)
9.3.2 Europe: Smart highway Market, By Technology
9.3.3 Europe: Smart highway Market, By Component
9.3.4 Europe: Smart highway Market, By Country
9.3.4.1 Germany: Smart Highway Market - Revenue and Forecast to 2027 (US$ Million)
9.3.4.1.1 Germany: Smart highway Market, By Technology
9.3.4.1.2 Germany: Smart highway Market, By Component
9.3.4.2 France: Smart Highway Market - Revenue and Forecast to 2027 (US$ Million)
9.3.4.2.1 France: Smart highway Market, By Technology
9.3.4.2.2 France: Smart highway Market, By Component
9.3.4.3 Italy: Smart Highway Market - Revenue and Forecast to 2027 (US$ Million)
9.3.4.3.1 Italy: Smart highway Market, By Technology
9.3.4.3.2 Italy: Smart highway Market, By Component
9.3.4.4 UK: Smart Highway Market - Revenue and Forecast to 2027 (US$ Million)
9.3.4.4.1 UK: Smart highway Market, By Technology
9.3.4.4.2 UK: Smart highway Market, By Component
9.3.4.5 Russia: Smart Highway Market - Revenue and Forecast to 2027 (US$ Million)
9.3.4.5.1 Russia: Smart highway Market, By Technology
9.3.4.5.2 Russia: Smart highway Market, By Component
9.3.4.6 Rest of Europe: Smart Highway Market - Revenue and Forecast to 2027 (US$ Million)
9.3.4.6.1 Rest of Europe: Smart highway Market, By Technology
9.3.4.6.2 Rest of Europe: Smart highway Market, By Component
9.4 Asia-Pacific: Smart highway Market
9.4.1 Asia-Pacific: Smart Highway Market - Revenue and Forecast to 2027 (US$ Million)
9.4.2 Asia-Pacific: Smart highway Market, By Technology
9.4.3 Asia-Pacific: Smart highway Market, By Component
9.4.4 Asia-Pacific: Smart highway Market, By Country
9.4.4.1 Australia: Smart Highway Market - Revenue and Forecast to 2027 (US$ Million)
9.4.4.1.1 Australia: Smart highway Market, By Technology
9.4.4.1.2 Australia: Smart highway Market, By Component
9.4.4.2 China: Smart Highway Market - Revenue and Forecast to 2027 (US$ Million)
9.4.4.2.1 China: Smart highway Market, By Technology
9.4.4.2.2 China: Smart highway Market, By Component
9.4.4.3 India: Smart Highway Market - Revenue and Forecast to 2027 (US$ Million)
9.4.4.3.1 India: Smart highway Market, By Technology
9.4.4.3.2 India: Smart highway Market, By Component
9.4.4.4 Japan: Smart Highway Market - Revenue and Forecast to 2027 (US$ Million)
9.4.4.4.1 Japan: Smart highway Market, By Technology
9.4.4.4.2 Japan: Smart highway Market, By Component
9.4.4.5 South Korea: Smart Highway Market - Revenue and Forecast to 2027 (US$ Million)
9.4.4.5.1 South Korea: Smart highway Market, By Technology
9.4.4.5.2 South Korea: Smart highway Market, By Component
9.4.4.6 Rest of Asia-Pacific: Smart Highway Market - Revenue and Forecast to 2027 (US$ Million)
9.4.4.6.1 Rest of Asia-Pacific: Smart highway Market, By Technology
9.4.4.6.2 Rest of Asia-Pacific: Smart highway Market, By Component
9.5 Middle East and Africa: Smart highway Market
9.5.1 Middle East and Africa: Smart Highway Market - Revenue and Forecast to 2027 (US$ Million)
9.5.2 Middle East and Africa: Smart highway Market, By Technology
9.5.3 Middle East and Africa: Smart highway Market, By Component
9.5.4 Middle East and Africa: Smart highway Market, By Country
9.5.4.1 South Africa: Smart Highway Market - Revenue and Forecast to 2027 (US$ Million)
9.5.4.1.1 South Africa: Smart highway Market, By Technology
9.5.4.1.2 South Africa: Smart highway Market, By Component
9.5.4.2 Saudi Arabia: Smart Highway Market - Revenue and Forecast to 2027 (US$ Million)
9.5.4.2.1 Saudi Arabia: Smart highway Market, By Technology
9.5.4.2.2 Saudi Arabia: Smart highway Market, By Component
9.5.4.3 U.A.E: Smart Highway Market - Revenue and Forecast to 2027 (US$ Million)
9.5.4.3.1 U.A.E: Smart highway Market, By Technology
9.5.4.3.2 U.A.E: Smart highway Market, By Component
9.5.4.4 Rest of Middle East and Africa: Smart Highway Market - Revenue and Forecast to 2027 (US$ Million)
9.5.4.4.1 Rest of Middle East and Africa: Smart highway Market, By Technology
9.5.4.4.2 Rest of Middle East and Africa: Smart highway Market, By Component
9.6 South America: Smart highway Market
9.6.1 South America: Smart Highway Market - Revenue and Forecast to 2027 (US$ Million)
9.6.2 South America: Smart highway Market, By Technology
9.6.3 South America: Smart highway Market, By Component
9.6.4 South America: Smart highway Market, By Country
9.6.4.1 Brazil: Smart Highway Market - Revenue and Forecast to 2027 (US$ Million)
9.6.4.1.1 Brazil: Smart highway Market, By Technology
9.6.4.1.2 Brazil: Smart highway Market, By Component
9.6.4.2 Argentina: Smart Highway Market - Revenue and Forecast to 2027 (US$ Million)
9.6.4.2.1 Argentina: Smart highway Market, By Technology
9.6.4.2.2 Argentina: Smart highway Market, By Component
9.6.4.3 Rest of South America: Smart Highway Market - Revenue and Forecast to 2027 (US$ Million)
9.6.4.3.1 Rest of South America: Smart highway Market, By Technology
9.6.4.3.2 Rest of South America: Smart highway Market, By Component
10. Smart highway Market - Covid-19 Impact Analysis
10.1 Overview
10.2 North America: Impact Assessment of Covid-19 Pandemic
10.3 Europe: Impact Assessment of Covid-19 Pandemic
10.4 Asia Pacific: Impact Assessment of Covid-19 Pandemic
10.5 Middle East & Africa: Impact Assessment of Covid-19 Pandemic
10.6 South America Impact Assessment of Covid-19 Pandemic
11. Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 New Development
12. Company Profiles
12.1 Cisco Systems, Inc.
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Huawei Technologies Co., Ltd.
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Kapsch TrafficCom AG
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Nokia Corporation
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Siemens AG
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Telegra
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Conduent, Inc.
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Toshiba Corporation
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 Nippon Koei Co., Ltd.
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 IBI Group
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments
13. Appendix
13.1 About The Publisher
13.2 Word Index
List of Tables
Table 1. Global Smart Highway Market Revenue and Forecast to 2028 (US$ Million)
Table 2. North America Smart highway Market, By Technology- Revenue and Forecast to 2027 (US$ Million)
Table 3. North America Smart highway Market, By Component- Revenue and Forecast to 2027 (US$ Million)
Table 4. North America: Smart highway Market Revenue Share, By Country
Table 5. United States Smart highway Market, By Technology- Revenue and Forecast to 2027 (US$ Million)
Table 6. United States Smart highway Market, By Component - Revenue and Forecast to 2027 (US$ Million)
Table 7. Canada Smart highway Market, By Technology- Revenue and Forecast to 2027 (US$ Million)
Table 8. Canada Smart highway Market, By Component - Revenue and Forecast to 2027 (US$ Million)
Table 9. Mexico Smart highway Market, By Technology- Revenue and Forecast to 2027 (US$ Million)
Table 10. Mexico Smart highway Market, By Component - Revenue and Forecast to 2027 (US$ Million)
Table 11. Europe Smart highway Market, By Technology- Revenue and Forecast to 2027 (US$ Million)
Table 12. Europe Smart highway Market, By Component- Revenue and Forecast to 2027 (US$ Million)
Table 13. Europe Smart highway Market, By Country - Revenue and Forecast to 2027 (US$ Million)
Table 14. Germany Smart highway Market, By Technology- Revenue and Forecast to 2027 (US$ Million)
Table 15. Germany Smart highway Market, By Component - Revenue and Forecast to 2027 (US$ Million)
Table 16. France Smart highway Market, By Technology- Revenue and Forecast to 2027 (US$ Million)
Table 17. France Smart highway Market, By Component - Revenue and Forecast to 2027 (US$ Million)
Table 18. Italy Smart highway Market, By Technology- Revenue and Forecast to 2027 (US$ Million)
Table 19. Italy Smart highway Market, By Component - Revenue and Forecast to 2027 (US$ Million)
Table 20. UK Smart highway Market, By Technology- Revenue and Forecast to 2027 (US$ Million)
Table 21. UK Smart highway Market, By Component- Revenue and Forecast to 2027 (US$ Million)
Table 22. Russia Smart highway Market, By Technology- Revenue and Forecast to 2027 (US$ Million)
Table 23. Russia Smart highway Market, By Component - Revenue and Forecast to 2027 (US$ Million)
Table 24. Rest of Europe Smart highway Market, By Technology- Revenue and Forecast to 2027 (US$ Million)
Table 25. Rest of Europe Smart highway Market, By Component - Revenue and Forecast to 2027 (US$ Million)
Table 26. Asia-Pacific Smart highway Market, By Technology- Revenue and Forecast to 2027 (US$ Million)
Table 27. Asia-Pacific Smart highway Market, By Component- Revenue and Forecast to 2027 (US$ Million)
Table 28. Asia-Pacific Smart highway Market, By Country - Revenue and Forecast to 2027 (US$ Million)
Table 29. Australia Smart highway Market, By Technology- Revenue and Forecast to 2027 (US$ Million)
Table 30. Australia Smart highway Market, By Component - Revenue and Forecast to 2027 (US$ Million)
Table 31. China Smart highway Market, By Technology- Revenue and Forecast to 2027 (US$ Million)
Table 32. China Smart highway Market, By Component - Revenue and Forecast to 2027 (US$ Million)
Table 33. India Smart highway Market, By Technology- Revenue and Forecast to 2027 (US$ Million)
Table 34. India Smart highway Market, By Component - Revenue and Forecast to 2027 (US$ Million)
Table 35. Japan Smart highway Market, By Technology- Revenue and Forecast to 2027 (US$ Million)
Table 36. Japan Smart highway Market, By Component- Revenue and Forecast to 2027 (US$ Million)
Table 37. South Korea Smart highway Market, By Technology- Revenue and Forecast to 2027 (US$ Million)
Table 38. South Korea Smart highway Market, By Component - Revenue and Forecast to 2027 (US$ Million)
Table 39. Rest of Asia-Pacific Smart highway Market, By Technology- Revenue and Forecast to 2027 (US$ Million)
Table 40. Rest of Asia-Pacific Smart highway Market, By Component - Revenue and Forecast to 2027 (US$ Million)
Table 41. Middle East and Africa Smart highway Market, By Technology- Revenue and Forecast to 2027 (US$ Million)
Table 42. Middle East and Africa Smart highway Market, By Component- Revenue and Forecast to 2027 (US$ Million)
Table 43. Middle East and Africa Smart highway Market, By Country - Revenue and Forecast to 2027 (US$ Million)
Table 44. South Africa Smart highway Market, By Technology- Revenue and Forecast to 2027 (US$ Million)
Table 45. South Africa Smart highway Market, By Component - Revenue and Forecast to 2027 (US$ Million)
Table 46. Saudi Arabia Smart highway Market, By Technology- Revenue and Forecast to 2027 (US$ Million)
Table 47. Saudi Arabia Smart highway Market, By Component - Revenue and Forecast to 2027 (US$ Million)
Table 48. U.A.E Smart highway Market, By Technology- Revenue and Forecast to 2027 (US$ Million)
Table 49. U.A.E Smart highway Market, By Component - Revenue and Forecast to 2027 (US$ Million)
Table 50. Rest of Middle East and Africa Smart highway Market, By Technology- Revenue and Forecast to 2027 (US$ Million)
Table 51. Rest of Middle East and Africa Smart highway Market, By Component - Revenue and Forecast to 2027 (US$ Million)
Table 52. South America Smart highway Market, By Technology- Revenue and Forecast to 2027 (US$ Million)
Table 53. South America Smart highway Market, By Component- Revenue and Forecast to 2027 (US$ Million)
Table 54. SAM Smart highway Market, By Country - Revenue and Forecast to 2028 (USD Million)
Table 55. Brazil Smart highway Market, By Technology- Revenue and Forecast to 2027 (US$ Million)
Table 56. Brazil Smart highway Market, By Component - Revenue and Forecast to 2027 (US$ Million)
Table 57. Argentina Smart highway Market, By Technology- Revenue and Forecast to 2027 (US$ Million)
Table 58. Argentina Smart highway Market, By Component - Revenue and Forecast to 2027 (US$ Million)
Table 59. Rest of South America Smart highway Market, By Technology- Revenue and Forecast to 2027 (US$ Million)
Table 60. Rest of South America Smart highway Market, By Component - Revenue and Forecast to 2027 (US$ Million)
Table 61. List of AbbreviationList of Figures
Figure 1. Smart Highway Market Segmentation
Figure 2. Smart Highway Market Segmentation - By Geography
Figure 3. Global Smart Highway Market Overview
Figure 4. Smart Highway Market, By Technology
Figure 5. Smart Highway Market, By Component
Figure 6. Smart Highway Market, By Geography
Figure 7. North America PEST Analysis
Figure 8. Europe PEST Analysis
Figure 9. APAC - PEST Analysis
Figure 10. MEA PEST Analysis
Figure 11. SAM PEST Analysis
Figure 12. Smart highway Market- Ecosystem Analysis
Figure 13. Smart Highway Market Impact Analysis of Drivers and Restraints
Figure 14. Geographic Overview of Smart highway Market
Figure 15. Global Smart Highway Market Revenue Forecast and Analysis (US$ Million)
Figure 16. Smart highway Market Revenue Share, by Product Type (2020 and 2028)
Figure 17. Smart transport management system: Smart Highway Market - Revenue and Forecast to 2028 (USD Million)
Figure 18. Smart Traffic Management System: Smart Highway Market - Revenue and Forecast to 2028 (USD Million)
Figure 19. Communication System: Smart Highway Market - Revenue and Forecast to 2028 (USD Million)
Figure 20. Monitoring System: Smart Highway Market - Revenue and Forecast to 2028 (USD Million)
Figure 21. Others: Smart Highway Market - Revenue and Forecast to 2028 (USD Million)
Figure 22. Smart highway Market Revenue Share, by Technology (2020 and 2028)
Figure 23. Hardware: Smart Highway Market - Revenue and Forecast to 2028 (USD Million)
Figure 24. Software: Smart Highway Market - Revenue and Forecast to 2028 (USD Million)
Figure 25. Global Smart highway Market Revenue Share, By Region (2020 and 2028)
Figure 26. North America: Smart Highway Market - Revenue and Forecast to 2027 (US$ Million)
Figure 27. North America: Smart highway Market Revenue Share, By Technology (2020 and 2028)
Figure 28. North America: Smart highway Market Revenue Share, By Component (2020 and 2028)
Figure 29. North America: Smart highway Market Revenue Share, By Country (2020 and 2028)
Figure 30. United States: Smart Highway Market - Revenue and Forecast to 2027 (US$ Million)
Figure 31. Canada: Smart Highway Market - Revenue and Forecast to 2027 (US$ Million)
Figure 32. Mexico: Smart Highway Market - Revenue and Forecast to 2027 (US$ Million)
Figure 33. Europe: Smart Highway Market - Revenue and Forecast to 2027 (US$ Million)
Figure 34. Europe: Smart highway Market Revenue Share, By Technology (2020 and 2028)
Figure 35. Europe: Smart highway Market Revenue Share, By Component (2020 and 2028)
Figure 36. Europe: Smart highway Market Revenue Share, By Country (2020 and 2028)
Figure 37. Germany: Smart Highway Market - Revenue and Forecast to 2027 (US$ Million)
Figure 38. France: Smart Highway Market - Revenue and Forecast to 2027 (US$ Million)
Figure 39. Italy: Smart Highway Market - Revenue and Forecast to 2027 (US$ Million)
Figure 40. UK: Smart Highway Market - Revenue and Forecast to 2027 (US$ Million)
Figure 41. Russia: Smart Highway Market - Revenue and Forecast to 2027 (US$ Million)
Figure 42. Rest of Europe: Smart Highway Market - Revenue and Forecast to 2027 (US$ Million)
Figure 43. Asia-Pacific: Smart Highway Market - Revenue and Forecast to 2027 (US$ Million)
Figure 44. Asia-Pacific: Smart highway Market Revenue Share, By Technology (2020 and 2028)
Figure 45. Asia-Pacific: Smart highway Market Revenue Share, By Component (2020 and 2028)
Figure 46. Asia-Pacific: Smart highway Market Revenue Share, By Country (2020 and 2028)
Figure 47. Australia: Smart Highway Market - Revenue and Forecast to 2027 (US$ Million)
Figure 48. China: Smart Highway Market - Revenue and Forecast to 2027 (US$ Million)
Figure 49. India: Smart Highway Market - Revenue and Forecast to 2027 (US$ Million)
Figure 50. Japan: Smart Highway Market - Revenue and Forecast to 2027 (US$ Million)
Figure 51. South Korea: Smart Highway Market - Revenue and Forecast to 2027 (US$ Million)
Figure 52. Rest of Asia-Pacific: Smart Highway Market - Revenue and Forecast to 2027 (US$ Million)
Figure 53. Middle East and Africa: Smart Highway Market - Revenue and Forecast to 2027 (US$ Million)
Figure 54. Middle East and Africa: Smart highway Market Revenue Share, By Technology (2020 and 2028)
Figure 55. Middle East and Africa: Smart highway Market Revenue Share, By Component (2020 and 2028)
Figure 56. Middle East and Africa: Smart highway Market Revenue Share, By Country (2020 and 2028)
Figure 57. South Africa: Smart Highway Market - Revenue and Forecast to 2027 (US$ Million)
Figure 58. Saudi Arabia: Smart Highway Market - Revenue and Forecast to 2027 (US$ Million)
Figure 59. U.A.E: Smart Highway Market - Revenue and Forecast to 2027 (US$ Million)
Figure 60. Rest of Middle East and Africa: Smart Highway Market - Revenue and Forecast to 2027 (US$ Million)
Figure 61. South America: Smart Highway Market - Revenue and Forecast to 2027 (US$ Million)
Figure 62. South America: Smart highway Market Revenue Share, By Technology (2020 and 2028)
Figure 63. South America: Smart highway Market Revenue Share, By Component (2020 and 2028)
Figure 64. South America: Smart highway Market Revenue Share, By Country (2020 and 2028)
Figure 65. Brazil: Smart Highway Market - Revenue and Forecast to 2027 (US$ Million)
Figure 66. Argentina: Smart Highway Market - Revenue and Forecast to 2027 (US$ Million)
Figure 67. Rest of South America: Smart Highway Market - Revenue and Forecast to 2027 (US$ Million)
Figure 68. Impact of Covid-19 Pandemic in North American Country Markets
Figure 69. Impact of Covid-19 Pandemic in Europe Country Markets
Figure 70. Impact of Covid-19 Pandemic in Asia Pacific Country Markets
Figure 71. Impact of Covid-19 Pandemic In Middle East & Africa Country Markets
Figure 72. Impact of Covid-19 Pandemic in South America Country Markets
Companies Mentioned
- Cisco
- Conduent, Inc.
- Huawei Technologies Co., Ltd.
- IBI Group
- Kapsch TrafficCom AG
- Nippon Koei Co., Ltd.
- Nokia
- Siemens
- Telegra
- Toshiba Infrastructure Systems & Solutions Corporation
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 164 |
| Published | November 2021 |
| Forecast Period | 2021 - 2028 |
| Estimated Market Value ( USD | $ 24885.5 Million |
| Forecasted Market Value ( USD | $ 81335.6 Million |
| Compound Annual Growth Rate | 18.4% |
| Regions Covered | Global |
| No. of Companies Mentioned | 10 |
