What is the market size for the intelligent transport system (its) market?

The Market is expected to grow by $ 36.34 bn in 2024-2028. <a href='https://www.technavio.com/report/intelligent-transport-system-market-industry-analysis'>Read More</a>

What is the CAGR for the intelligent transport system (its) market?

8.55% CAGR with $ 36.34 bn Momentum. <a href='https://www.technavio.com/report/intelligent-transport-system-market-industry-analysis'>Read More</a>

What is the growth rate of the Intelligent Transport System (ITS) Market market?

8.55% is the estimation year on year growth rate. <a href='https://www.technavio.com/report/intelligent-transport-system-market-industry-analysis'>Read More</a>

Which region held the largest market share in the Intelligent Transport System (ITS) Market market?

North America with 34% of the market growth. <a href='https://www.technavio.com/report/intelligent-transport-system-market-industry-analysis'>Read More</a>

Who are the prominent players in the Intelligent Transport System (ITS) Market market?

3M Co., Advantech Co. Ltd., AECOM, Airbus SE, Axiomtek Co. Ltd., Constellation Software Inc., Cubic Corp., EFKON GmbH, Garmin Ltd., GMV Innovating Solutions SL, Hitachi .... <a href='https://www.technavio.com/report/intelligent-transport-system-market-industry-analysis'>Read More</a>

Intelligent Transport System (ITS) Market Analysis North America,Europe,APAC,South America,Middle East and Africa - US,China,Japan,Germany,UK - Size and Forecast 2024-2028

Published: Dec 2023
Pages: 105
SKU: IRTNTR41630

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Intelligent Transport System Market Size 2024-2028

The Intelligent Transport System (ITS) Market size is forecast to increase by USD 36.34 billion at a CAGR of 8.55% between 2023 and 2028. The market is rapidly evolving, driven by the integration of advanced technologies to enhance transportation efficiency and safety. ITS solutions encompass various aspects like traffic management, electronic toll collection, smart parking, and real-time traveler information systems. Its growth trajectory is influenced by escalating traffic congestion and the imperative to reduce road accidents. Additionally, the expanding road freight logistics market contributes to market expansion, alongside the proliferation of smart connected devices. These factors collectively fuel the demand for ITS solutions, driving innovation and adoption across the transportation sector. As the industry continues to evolve, ITS remains pivotal in reshaping transportation landscapes, ensuring smoother and safer journeys for all.

What will be the size of the Market During the Forecast Period?

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Market Segmentation

By Application

1 Executive Summary

1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
- Exhibit 06: Executive Summary – Chart on Market Segmentation by Type
- Exhibit 07: Executive Summary – Chart on Incremental Growth
- Exhibit 08: Executive Summary – Data Table on Incremental Growth
- Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
- Exhibit 10: Parent market
- Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
- Exhibit 12: Offerings of vendors included in the market definition

3.2 Market segment analysis
- Exhibit 13: Market segments

3.3 Market size 2023

3.4 Market outlook: Forecast for 2023-2028
- Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ billion)
- Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
- Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
- Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Global intelligent transport system (ITS) market 2018 - 2022
- Exhibit 18: Historic Market Size – Data Table on global intelligent transport system (its) market 2018 - 2022 ($ billion)

4.2 Application Segment Analysis 2018 - 2022
- Exhibit 19: Historic Market Size – Application Segment 2018 - 2022 ($ billion)

4.3 Type Segment Analysis 2018 - 2022
- Exhibit 20: Historic Market Size – Type Segment 2018 - 2022 ($ billion)

4.4 Geography Segment Analysis 2018 - 2022
- Exhibit 21: Historic Market Size – Geography Segment 2018 - 2022 ($ billion)

4.5 Country Segment Analysis 2018 - 2022
- Exhibit 22: Historic Market Size – Country Segment 2018 - 2022 ($ billion)

5 Five Forces Analysis

5.1 Five forces summary
- Exhibit 23: Five forces analysis - Comparison between 2023 and 2028

5.2 Bargaining power of buyers
- Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028

5.3 Bargaining power of suppliers
- Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2023 and 2028

5.4 Threat of new entrants
- Exhibit 26: Threat of new entrants – Impact of key factors in 2023 and 2028

5.5 Threat of substitutes
- Exhibit 27: Threat of substitutes – Impact of key factors in 2023 and 2028

5.6 Threat of rivalry
- Exhibit 28: Threat of rivalry – Impact of key factors in 2023 and 2028

5.7 Market condition
- Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by Application

6.1 Market segments
- Exhibit 30: Chart on Application - Market share 2023-2028 (%)
- Exhibit 31: Data Table on Application - Market share 2023-2028 (%)

6.2 Comparison by Application
- Exhibit 32: Chart on Comparison by Application
- Exhibit 33: Data Table on Comparison by Application

6.3 Traffic management - Market size and forecast 2023-2028
- Exhibit 34: Chart on Traffic management - Market size and forecast 2023-2028 ($ billion)
- Exhibit 35: Data Table on Traffic management - Market size and forecast 2023-2028 ($ billion)
- Exhibit 36: Chart on Traffic management - Year-over-year growth 2023-2028 (%)
- Exhibit 37: Data Table on Traffic management - Year-over-year growth 2023-2028 (%)

6.4 Toll management - Market size and forecast 2023-2028
- Exhibit 38: Chart on Toll management - Market size and forecast 2023-2028 ($ billion)
- Exhibit 39: Data Table on Toll management - Market size and forecast 2023-2028 ($ billion)
- Exhibit 40: Chart on Toll management - Year-over-year growth 2023-2028 (%)
- Exhibit 41: Data Table on Toll management - Year-over-year growth 2023-2028 (%)

6.5 Automotive and infotainment telematics - Market size and forecast 2023-2028
- Exhibit 42: Chart on Automotive and infotainment telematics - Market size and forecast 2023-2028 ($ billion)
- Exhibit 43: Data Table on Automotive and infotainment telematics - Market size and forecast 2023-2028 ($ billion)
- Exhibit 44: Chart on Automotive and infotainment telematics - Year-over-year growth 2023-2028 (%)
- Exhibit 45: Data Table on Automotive and infotainment telematics - Year-over-year growth 2023-2028 (%)

6.6 Public transport - Market size and forecast 2023-2028
- Exhibit 46: Chart on Public transport - Market size and forecast 2023-2028 ($ billion)
- Exhibit 47: Data Table on Public transport - Market size and forecast 2023-2028 ($ billion)
- Exhibit 48: Chart on Public transport - Year-over-year growth 2023-2028 (%)
- Exhibit 49: Data Table on Public transport - Year-over-year growth 2023-2028 (%)

6.7 Others - Market size and forecast 2023-2028
- Exhibit 50: Chart on Others - Market size and forecast 2023-2028 ($ billion)
- Exhibit 51: Data Table on Others - Market size and forecast 2023-2028 ($ billion)
- Exhibit 52: Chart on Others - Year-over-year growth 2023-2028 (%)
- Exhibit 53: Data Table on Others - Year-over-year growth 2023-2028 (%)

6.8 Market opportunity by Application
- Exhibit 54: Market opportunity by Application ($ billion)
- Exhibit 55: Data Table on Market opportunity by Application ($ billion)

7 Market Segmentation by Type

7.1 Market segments
- Exhibit 56: Chart on Type - Market share 2023-2028 (%)
- Exhibit 57: Data Table on Type - Market share 2023-2028 (%)

7.2 Comparison by Type
- Exhibit 58: Chart on Comparison by Type
- Exhibit 59: Data Table on Comparison by Type

7.3 Advanced traffic management system - Market size and forecast 2023-2028
- Exhibit 60: Chart on Advanced traffic management system - Market size and forecast 2023-2028 ($ billion)
- Exhibit 61: Data Table on Advanced traffic management system - Market size and forecast 2023-2028 ($ billion)
- Exhibit 62: Chart on Advanced traffic management system - Year-over-year growth 2023-2028 (%)
- Exhibit 63: Data Table on Advanced traffic management system - Year-over-year growth 2023-2028 (%)

7.4 Advanced public transportation system - Market size and forecast 2023-2028
- Exhibit 64: Chart on Advanced public transportation system - Market size and forecast 2023-2028 ($ billion)
- Exhibit 65: Data Table on Advanced public transportation system - Market size and forecast 2023-2028 ($ billion)
- Exhibit 66: Chart on Advanced public transportation system - Year-over-year growth 2023-2028 (%)
- Exhibit 67: Data Table on Advanced public transportation system - Year-over-year growth 2023-2028 (%)

7.5 Advanced transportation pricing system - Market size and forecast 2023-2028
- Exhibit 68: Chart on Advanced transportation pricing system - Market size and forecast 2023-2028 ($ billion)
- Exhibit 69: Data Table on Advanced transportation pricing system - Market size and forecast 2023-2028 ($ billion)
- Exhibit 70: Chart on Advanced transportation pricing system - Year-over-year growth 2023-2028 (%)
- Exhibit 71: Data Table on Advanced transportation pricing system - Year-over-year growth 2023-2028 (%)

7.6 Advanced traveler information system - Market size and forecast 2023-2028
- Exhibit 72: Chart on Advanced traveler information system - Market size and forecast 2023-2028 ($ billion)
- Exhibit 73: Data Table on Advanced traveler information system - Market size and forecast 2023-2028 ($ billion)
- Exhibit 74: Chart on Advanced traveler information system - Year-over-year growth 2023-2028 (%)
- Exhibit 75: Data Table on Advanced traveler information system - Year-over-year growth 2023-2028 (%)

7.7 Others - Market size and forecast 2023-2028
- Exhibit 76: Chart on Others - Market size and forecast 2023-2028 ($ billion)
- Exhibit 77: Data Table on Others - Market size and forecast 2023-2028 ($ billion)
- Exhibit 78: Chart on Others - Year-over-year growth 2023-2028 (%)
- Exhibit 79: Data Table on Others - Year-over-year growth 2023-2028 (%)

7.8 Market opportunity by Type
- Exhibit 80: Market opportunity by Type ($ billion)
- Exhibit 81: Data Table on Market opportunity by Type ($ billion)

8 Customer Landscape

8.1 Customer landscape overview
- Exhibit 82: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
- Exhibit 83: Chart on Market share by geography 2023-2028 (%)
- Exhibit 84: Data Table on Market share by geography 2023-2028 (%)

9.2 Geographic comparison
- Exhibit 85: Chart on Geographic comparison
- Exhibit 86: Data Table on Geographic comparison

9.3 North America - Market size and forecast 2023-2028
- Exhibit 87: Chart on North America - Market size and forecast 2023-2028 ($ billion)
- Exhibit 88: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
- Exhibit 89: Chart on North America - Year-over-year growth 2023-2028 (%)
- Exhibit 90: Data Table on North America - Year-over-year growth 2023-2028 (%)

9.4 Europe - Market size and forecast 2023-2028
- Exhibit 91: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
- Exhibit 92: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
- Exhibit 93: Chart on Europe - Year-over-year growth 2023-2028 (%)
- Exhibit 94: Data Table on Europe - Year-over-year growth 2023-2028 (%)

9.5 APAC - Market size and forecast 2023-2028
- Exhibit 95: Chart on APAC - Market size and forecast 2023-2028 ($ billion)
- Exhibit 96: Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
- Exhibit 97: Chart on APAC - Year-over-year growth 2023-2028 (%)
- Exhibit 98: Data Table on APAC - Year-over-year growth 2023-2028 (%)

9.6 South America - Market size and forecast 2023-2028
- Exhibit 99: Chart on South America - Market size and forecast 2023-2028 ($ billion)
- Exhibit 100: Data Table on South America - Market size and forecast 2023-2028 ($ billion)
- Exhibit 101: Chart on South America - Year-over-year growth 2023-2028 (%)
- Exhibit 102: Data Table on South America - Year-over-year growth 2023-2028 (%)

9.7 Middle East and Africa - Market size and forecast 2023-2028
- Exhibit 103: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
- Exhibit 104: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
- Exhibit 105: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- Exhibit 106: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)

9.8 US - Market size and forecast 2023-2028
- Exhibit 107: Chart on US - Market size and forecast 2023-2028 ($ billion)
- Exhibit 108: Data Table on US - Market size and forecast 2023-2028 ($ billion)
- Exhibit 109: Chart on US - Year-over-year growth 2023-2028 (%)
- Exhibit 110: Data Table on US - Year-over-year growth 2023-2028 (%)

9.9 China - Market size and forecast 2023-2028
- Exhibit 111: Chart on China - Market size and forecast 2023-2028 ($ billion)
- Exhibit 112: Data Table on China - Market size and forecast 2023-2028 ($ billion)
- Exhibit 113: Chart on China - Year-over-year growth 2023-2028 (%)
- Exhibit 114: Data Table on China - Year-over-year growth 2023-2028 (%)

9.10 Germany - Market size and forecast 2023-2028
- Exhibit 115: Chart on Germany - Market size and forecast 2023-2028 ($ billion)
- Exhibit 116: Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
- Exhibit 117: Chart on Germany - Year-over-year growth 2023-2028 (%)
- Exhibit 118: Data Table on Germany - Year-over-year growth 2023-2028 (%)

9.11 UK - Market size and forecast 2023-2028
- Exhibit 119: Chart on UK - Market size and forecast 2023-2028 ($ billion)
- Exhibit 120: Data Table on UK - Market size and forecast 2023-2028 ($ billion)
- Exhibit 121: Chart on UK - Year-over-year growth 2023-2028 (%)
- Exhibit 122: Data Table on UK - Year-over-year growth 2023-2028 (%)

9.12 Japan - Market size and forecast 2023-2028
- Exhibit 123: Chart on Japan - Market size and forecast 2023-2028 ($ billion)
- Exhibit 124: Data Table on Japan - Market size and forecast 2023-2028 ($ billion)
- Exhibit 125: Chart on Japan - Year-over-year growth 2023-2028 (%)
- Exhibit 126: Data Table on Japan - Year-over-year growth 2023-2028 (%)

9.13 Market opportunity by geography
- Exhibit 127: Market opportunity by geography ($ billion)
- Exhibit 128: Data Tables on Market opportunity by geography ($ billion)

10 Drivers, Challenges, and Trends

10.1 Market drivers

10.2 Market challenges

10.3 Impact of drivers and challenges
- Exhibit 129: Impact of drivers and challenges in 2023 and 2028

10.4 Market trends

11 Vendor Landscape

11.1 Overview

11.2 Vendor landscape
- Exhibit 130: Overview on Criticality of inputs and Factors of differentiation

11.3 Landscape disruption
- Exhibit 131: Overview on factors of disruption

11.4 Industry risks
- Exhibit 132: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
- Exhibit 133: Vendors covered

12.2 Market positioning of vendors
- Exhibit 134: Matrix on vendor position and classification

12.3 3M Co.
- Exhibit 135: 3M Co. - Overview
- Exhibit 136: 3M Co. - Business segments
- Exhibit 137: 3M Co. - Key news
- Exhibit 138: 3M Co. - Key offerings
- Exhibit 139: 3M Co. - Segment focus

12.4 Advantech Co. Ltd.
- Exhibit 140: Advantech Co. Ltd. - Overview
- Exhibit 141: Advantech Co. Ltd. - Business segments
- Exhibit 142: Advantech Co. Ltd. - Key offerings
- Exhibit 143: Advantech Co. Ltd. - Segment focus

12.5 Airbus SE
- Exhibit 144: Airbus SE - Overview
- Exhibit 145: Airbus SE - Business segments
- Exhibit 146: Airbus SE - Key news
- Exhibit 147: Airbus SE - Key offerings
- Exhibit 148: Airbus SE - Segment focus

12.6 Axiomtek Co. Ltd.
- Exhibit 149: Axiomtek Co. Ltd. - Overview
- Exhibit 150: Axiomtek Co. Ltd. - Product / Service
- Exhibit 151: Axiomtek Co. Ltd. - Key offerings

12.7 Constellation Software Inc.
- Exhibit 152: Constellation Software Inc. - Overview
- Exhibit 153: Constellation Software Inc. - Product / Service
- Exhibit 154: Constellation Software Inc. - Key offerings

12.8 Cubic Corp.
- Exhibit 155: Cubic Corp. - Overview
- Exhibit 156: Cubic Corp. - Product / Service
- Exhibit 157: Cubic Corp. - Key offerings

12.9 EFKON GmbH
- Exhibit 158: EFKON GmbH - Overview
- Exhibit 159: EFKON GmbH - Product / Service
- Exhibit 160: EFKON GmbH - Key offerings

12.10 Hitachi Ltd.
- Exhibit 161: Hitachi Ltd. - Overview
- Exhibit 162: Hitachi Ltd. - Business segments
- Exhibit 163: Hitachi Ltd. - Key news
- Exhibit 164: Hitachi Ltd. - Key offerings
- Exhibit 165: Hitachi Ltd. - Segment focus

12.11 Indra Sistemas SA
- Exhibit 166: Indra Sistemas SA - Overview
- Exhibit 167: Indra Sistemas SA - Business segments
- Exhibit 168: Indra Sistemas SA - Key offerings
- Exhibit 169: Indra Sistemas SA - Segment focus

12.12 Serco Group Plc
- Exhibit 170: Serco Group Plc - Overview
- Exhibit 171: Serco Group Plc - Business segments
- Exhibit 172: Serco Group Plc - Key news
- Exhibit 173: Serco Group Plc - Key offerings
- Exhibit 174: Serco Group Plc - Segment focus

12.13 Siemens AG
- Exhibit 175: Siemens AG - Overview
- Exhibit 176: Siemens AG - Business segments
- Exhibit 177: Siemens AG - Key news
- Exhibit 178: Siemens AG - Key offerings
- Exhibit 179: Siemens AG - Segment focus

12.14 Stantec Inc.
- Exhibit 180: Stantec Inc. - Overview
- Exhibit 181: Stantec Inc. - Business segments
- Exhibit 182: Stantec Inc. - Key offerings
- Exhibit 183: Stantec Inc. - Segment focus

12.15 Sumitomo Electric Industries Ltd.
- Exhibit 184: Sumitomo Electric Industries Ltd. - Overview
- Exhibit 185: Sumitomo Electric Industries Ltd. - Business segments
- Exhibit 186: Sumitomo Electric Industries Ltd. - Key news
- Exhibit 187: Sumitomo Electric Industries Ltd. - Key offerings
- Exhibit 188: Sumitomo Electric Industries Ltd. - Segment focus

12.16 Teledyne Technologies Inc.
- Exhibit 189: Teledyne Technologies Inc. - Overview
- Exhibit 190: Teledyne Technologies Inc. - Business segments
- Exhibit 191: Teledyne Technologies Inc. - Key news
- Exhibit 192: Teledyne Technologies Inc. - Key offerings
- Exhibit 193: Teledyne Technologies Inc. - Segment focus

12.17 Thales Group
- Exhibit 194: Thales Group - Overview
- Exhibit 195: Thales Group - Business segments
- Exhibit 196: Thales Group - Key news
- Exhibit 197: Thales Group - Key offerings
- Exhibit 198: Thales Group - Segment focus

13 Appendix

13.1 Scope of the report

13.2 Inclusions and exclusions checklist
- Exhibit 199: Inclusions checklist
- Exhibit 200: Exclusions checklist

13.3 Currency conversion rates for US$
- Exhibit 201: Currency conversion rates for US$

13.4 Research methodology
- Exhibit 202: Research methodology
- Exhibit 203: Validation techniques employed for market sizing
- Exhibit 204: Information sources