Report Analyzes Key Opportunities for Integration along with Solutions and Services by Smart Transportation Market Function
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This report evaluates the smart transportation market by technology and solutions with segmentation by business model, transportation mode, and vehicle types from 2025 to 2030. The report assesses global, regional, and country-specific market opportunities.
The report also evaluates key market opportunities for integration along with associated solutions and services by smart transportation function. The leading smart transportation technologies covered in the report include Automatic Vehicle Location Systems, Traveler Information Systems, Electronic Payment Systems, and Intelligent Vehicle Initiative Systems.
Select Report Findings:
- The overall global smart transportation market will reach $264 billion by 2030
- Europe and North America will be leading markets at $89.6 billion and $84.3 billion
- Integrated supervision systems in North America will be a $17.7 billion opportunity by 2030
- Germany will be the leading country in the European market, reaching $25.1 billion by 2030
- Roadways, air and railways will be leading modalities across all regional markets through 2030
- Smart water transportation for terminals, conveyance and vessels will be the fastest growing modality
- Leading smart transportation technologies include Automatic Vehicle Location System, Traveler Information System, Electronic Payment System, Intelligent Vehicle Initiative System
Smart Transportation Market Dynamics:
Smart transportation represents a systematic means to resolve, or at least minimize, traffic problems and overall congestion in cities and main travel arteries for consumer and business-oriented traffic. Often challenges facing smart transportation systems come from the emergence of technologies in operational management, such as automation, sharing, and electrification.
A key area for smart transportation, urban areas are revolutionizing mobility and emergency response through smart transportation and intelligent traffic management. By employing technologies ranging from basic navigation and signal control to advanced systems that analyze real-time data, they're reducing congestion and enhancing safety. The rise of Intelligent Transportation Systems (ITS) and the Internet of Things (IoT) is driving this transformation, making urban travel more efficient, cost-effective, and secure.
Optimized smart transportation solutions integrate information and communication technologies across all transportation modes (road, air, sea, rail) to optimize infrastructure, vehicles, and user experiences. This integration of systems like real-time traffic updates, automated fare collection, and vehicle location tracking aims to alleviate congestion and improve mobility.
The global smart transportation market is projected to reach $264 billion by 2030, driven by advancements in automation, electrification, and sharing platforms. The evolution of ITS, powered by IoT, AI, and 5G, is ushering in a new era of efficient and safe transportation. Furthermore, the aforementioned integration requirements create many opportunities across a wide spectrum of technologies, solutions and service providers.
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This report also includes a complimentary Excel file with data from the report for purchasers at the Site License or greater level.
Table of Contents
1.0 Executive Summary
Companies Mentioned
- Accenture
- Advantech Co. Ltd
- AGT International
- Alstom
- AVEVA Group PLC
- Bass
- Bentley Systems
- Cisco
- Conduent
- Cubic
- Descartes
- Huawei
- IBM
- Indra Sistemas
- Kapsch
- LG CNS
- MSR-Traffic
- Oracle
- Saab
- SAP
- Schneider Electric
- Siemens
- Thales Group
- TomTom International BV.
- Toshiba
- Trimble
Methodology
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