Product Code: 16163
The Global Intelligent Transportation Systems Market will grow from USD 39.02 Billion in 2025 to USD 61.99 Billion by 2031 at a 8.02% CAGR. Intelligent Transportation Systems (ITS) are advanced applications that integrate information and communication technologies into transportation infrastructure and vehicles to enhance safety, efficiency, and sustainability.
| Market Overview |
| Forecast Period | 2027-2031 |
| Market Size 2025 | USD 39.02 Billion |
| Market Size 2031 | USD 61.99 Billion |
| CAGR 2026-2031 | 8.02% |
| Fastest Growing Segment | Advanced Traveler Information System (ATIS) |
| Largest Market | North America |
Key Market Drivers
The imperative for enhanced road safety and accident prevention acts as a critical catalyst for the Global Intelligent Transportation Systems Market, compelling governments to modernize legacy infrastructure. With traffic incidents imposing severe social and economic burdens, regulatory bodies are increasingly mandating the deployment of automated detection and collision avoidance technologies to mitigate human error.
Key Market Challenges
The high capital investment required for infrastructure modernization constitutes a substantial barrier to the expansion of the Global Intelligent Transportation Systems market. Implementing smart mobility solutions demands not only the deployment of advanced digital layers-such as sensors, communication nodes, and data management centers-but often necessitates the retrofitting or complete overhaul of aging physical assets. This dual financial burden places immense strain on the budgets of municipalities and transportation authorities, forcing them to prioritize immediate structural repairs over technological upgrades.
Key Market Trends
The Integration of Electric Vehicle Charging with ITS Networks is becoming a pivotal trend as the transportation sector aligns with global sustainability goals and manages the operational demands of electrified fleets. This convergence allows for the real-time exchange of data between vehicles, charging stations, and the power grid, facilitating smart charging solutions that balance energy loads and provide drivers with accurate availability information to mitigate range anxiety.
Key Market Players
- Hitachi, Ltd.
- DENSO Corporation
- Siemens AG
- Thales Group
- Kapsch TrafficCom AG
- EFKON GmbH
- Xerox Corporation
- NVIDIA Corporation
Report Scope:
In this report, the Global Intelligent Transportation Systems Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
Intelligent Transportation Systems Market, By Component:
- Hardware
- Software
- Services
Intelligent Transportation Systems Market, By Mode of Transport:
- Roadways
- Railways
- Waterways
- Airways
Intelligent Transportation Systems Market, By Type:
- Advanced Traffic Management System (ATMS)
- Advanced Traveler Information System (ATIS)
- ITS-Enabled Transportation Pricing System (ITPS)
- Advanced Public Transportation System (APTS)
- Commercial Vehicle Operations (CVO) System
Intelligent Transportation Systems Market, By Applications:
- Traffic Management
- Road Safety and Security
- Freight Management
- Public Transport
- Environment Protection
Intelligent Transportation Systems Market, By Region:
- North America
- United States
- Canada
- Mexico
- Europe
- France
- United Kingdom
- Italy
- Germany
- Spain
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- South America
- Brazil
- Argentina
- Colombia
- Middle East & Africa
- South Africa
- Saudi Arabia
- UAE
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in the Global Intelligent Transportation Systems Market.
Available Customizations:
Global Intelligent Transportation Systems Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:
Company Information
- Detailed analysis and profiling of additional market players (up to five).
Table of Contents
1. Product Overview
- 1.1. Market Definition
- 1.2. Scope of the Market
- 1.2.1. Markets Covered
- 1.2.2. Years Considered for Study
- 1.2.3. Key Market Segmentations
2. Research Methodology
- 2.1. Objective of the Study
- 2.2. Baseline Methodology
- 2.3. Key Industry Partners
- 2.4. Major Association and Secondary Sources
- 2.5. Forecasting Methodology
- 2.6. Data Triangulation & Validation
- 2.7. Assumptions and Limitations
3. Executive Summary
- 3.1. Overview of the Market
- 3.2. Overview of Key Market Segmentations
- 3.3. Overview of Key Market Players
- 3.4. Overview of Key Regions/Countries
- 3.5. Overview of Market Drivers, Challenges, Trends
4. Voice of Customer
5. Global Intelligent Transportation Systems Market Outlook
- 5.1. Market Size & Forecast
- 5.2. Market Share & Forecast
- 5.2.1. By Component (Hardware, Software, Services)
- 5.2.2. By Mode of Transport (Roadways, Railways, Waterways, Airways)
- 5.2.3. By Type (Advanced Traffic Management System (ATMS), Advanced Traveler Information System (ATIS), ITS-Enabled Transportation Pricing System (ITPS), Advanced Public Transportation System (APTS), Commercial Vehicle Operations (CVO) System)
- 5.2.4. By Applications (Traffic Management, Road Safety and Security, Freight Management, Public Transport, Environment Protection)
- 5.2.5. By Region
- 5.2.6. By Company (2025)
- 5.3. Market Map
6. North America Intelligent Transportation Systems Market Outlook
- 6.1. Market Size & Forecast
- 6.2. Market Share & Forecast
- 6.2.1. By Component
- 6.2.2. By Mode of Transport
- 6.2.3. By Type
- 6.2.4. By Applications
- 6.2.5. By Country
- 6.3. North America: Country Analysis
- 6.3.1. United States Intelligent Transportation Systems Market Outlook
- 6.3.1.1. Market Size & Forecast
- 6.3.1.2. Market Share & Forecast
- 6.3.1.2.1. By Component
- 6.3.1.2.2. By Mode of Transport
- 6.3.1.2.3. By Type
- 6.3.1.2.4. By Applications
- 6.3.2. Canada Intelligent Transportation Systems Market Outlook
- 6.3.2.1. Market Size & Forecast
- 6.3.2.2. Market Share & Forecast
- 6.3.2.2.1. By Component
- 6.3.2.2.2. By Mode of Transport
- 6.3.2.2.3. By Type
- 6.3.2.2.4. By Applications
- 6.3.3. Mexico Intelligent Transportation Systems Market Outlook
- 6.3.3.1. Market Size & Forecast
- 6.3.3.2. Market Share & Forecast
- 6.3.3.2.1. By Component
- 6.3.3.2.2. By Mode of Transport
- 6.3.3.2.3. By Type
- 6.3.3.2.4. By Applications
7. Europe Intelligent Transportation Systems Market Outlook
- 7.1. Market Size & Forecast
- 7.2. Market Share & Forecast
- 7.2.1. By Component
- 7.2.2. By Mode of Transport
- 7.2.3. By Type
- 7.2.4. By Applications
- 7.2.5. By Country
- 7.3. Europe: Country Analysis
- 7.3.1. Germany Intelligent Transportation Systems Market Outlook
- 7.3.1.1. Market Size & Forecast
- 7.3.1.2. Market Share & Forecast
- 7.3.1.2.1. By Component
- 7.3.1.2.2. By Mode of Transport
- 7.3.1.2.3. By Type
- 7.3.1.2.4. By Applications
- 7.3.2. France Intelligent Transportation Systems Market Outlook
- 7.3.2.1. Market Size & Forecast
- 7.3.2.2. Market Share & Forecast
- 7.3.2.2.1. By Component
- 7.3.2.2.2. By Mode of Transport
- 7.3.2.2.3. By Type
- 7.3.2.2.4. By Applications
- 7.3.3. United Kingdom Intelligent Transportation Systems Market Outlook
- 7.3.3.1. Market Size & Forecast
- 7.3.3.2. Market Share & Forecast
- 7.3.3.2.1. By Component
- 7.3.3.2.2. By Mode of Transport
- 7.3.3.2.3. By Type
- 7.3.3.2.4. By Applications
- 7.3.4. Italy Intelligent Transportation Systems Market Outlook
- 7.3.4.1. Market Size & Forecast
- 7.3.4.2. Market Share & Forecast
- 7.3.4.2.1. By Component
- 7.3.4.2.2. By Mode of Transport
- 7.3.4.2.3. By Type
- 7.3.4.2.4. By Applications
- 7.3.5. Spain Intelligent Transportation Systems Market Outlook
- 7.3.5.1. Market Size & Forecast
- 7.3.5.2. Market Share & Forecast
- 7.3.5.2.1. By Component
- 7.3.5.2.2. By Mode of Transport
- 7.3.5.2.3. By Type
- 7.3.5.2.4. By Applications
8. Asia Pacific Intelligent Transportation Systems Market Outlook
- 8.1. Market Size & Forecast
- 8.2. Market Share & Forecast
- 8.2.1. By Component
- 8.2.2. By Mode of Transport
- 8.2.3. By Type
- 8.2.4. By Applications
- 8.2.5. By Country
- 8.3. Asia Pacific: Country Analysis
- 8.3.1. China Intelligent Transportation Systems Market Outlook
- 8.3.1.1. Market Size & Forecast
- 8.3.1.2. Market Share & Forecast
- 8.3.1.2.1. By Component
- 8.3.1.2.2. By Mode of Transport
- 8.3.1.2.3. By Type
- 8.3.1.2.4. By Applications
- 8.3.2. India Intelligent Transportation Systems Market Outlook
- 8.3.2.1. Market Size & Forecast
- 8.3.2.2. Market Share & Forecast
- 8.3.2.2.1. By Component
- 8.3.2.2.2. By Mode of Transport
- 8.3.2.2.3. By Type
- 8.3.2.2.4. By Applications
- 8.3.3. Japan Intelligent Transportation Systems Market Outlook
- 8.3.3.1. Market Size & Forecast
- 8.3.3.2. Market Share & Forecast
- 8.3.3.2.1. By Component
- 8.3.3.2.2. By Mode of Transport
- 8.3.3.2.3. By Type
- 8.3.3.2.4. By Applications
- 8.3.4. South Korea Intelligent Transportation Systems Market Outlook
- 8.3.4.1. Market Size & Forecast
- 8.3.4.2. Market Share & Forecast
- 8.3.4.2.1. By Component
- 8.3.4.2.2. By Mode of Transport
- 8.3.4.2.3. By Type
- 8.3.4.2.4. By Applications
- 8.3.5. Australia Intelligent Transportation Systems Market Outlook
- 8.3.5.1. Market Size & Forecast
- 8.3.5.2. Market Share & Forecast
- 8.3.5.2.1. By Component
- 8.3.5.2.2. By Mode of Transport
- 8.3.5.2.3. By Type
- 8.3.5.2.4. By Applications
9. Middle East & Africa Intelligent Transportation Systems Market Outlook
- 9.1. Market Size & Forecast
- 9.2. Market Share & Forecast
- 9.2.1. By Component
- 9.2.2. By Mode of Transport
- 9.2.3. By Type
- 9.2.4. By Applications
- 9.2.5. By Country
- 9.3. Middle East & Africa: Country Analysis
- 9.3.1. Saudi Arabia Intelligent Transportation Systems Market Outlook
- 9.3.1.1. Market Size & Forecast
- 9.3.1.2. Market Share & Forecast
- 9.3.1.2.1. By Component
- 9.3.1.2.2. By Mode of Transport
- 9.3.1.2.3. By Type
- 9.3.1.2.4. By Applications
- 9.3.2. UAE Intelligent Transportation Systems Market Outlook
- 9.3.2.1. Market Size & Forecast
- 9.3.2.2. Market Share & Forecast
- 9.3.2.2.1. By Component
- 9.3.2.2.2. By Mode of Transport
- 9.3.2.2.3. By Type
- 9.3.2.2.4. By Applications
- 9.3.3. South Africa Intelligent Transportation Systems Market Outlook
- 9.3.3.1. Market Size & Forecast
- 9.3.3.2. Market Share & Forecast
- 9.3.3.2.1. By Component
- 9.3.3.2.2. By Mode of Transport
- 9.3.3.2.3. By Type
- 9.3.3.2.4. By Applications
10. South America Intelligent Transportation Systems Market Outlook
- 10.1. Market Size & Forecast
- 10.2. Market Share & Forecast
- 10.2.1. By Component
- 10.2.2. By Mode of Transport
- 10.2.3. By Type
- 10.2.4. By Applications
- 10.2.5. By Country
- 10.3. South America: Country Analysis
- 10.3.1. Brazil Intelligent Transportation Systems Market Outlook
- 10.3.1.1. Market Size & Forecast
- 10.3.1.2. Market Share & Forecast
- 10.3.1.2.1. By Component
- 10.3.1.2.2. By Mode of Transport
- 10.3.1.2.3. By Type
- 10.3.1.2.4. By Applications
- 10.3.2. Colombia Intelligent Transportation Systems Market Outlook
- 10.3.2.1. Market Size & Forecast
- 10.3.2.2. Market Share & Forecast
- 10.3.2.2.1. By Component
- 10.3.2.2.2. By Mode of Transport
- 10.3.2.2.3. By Type
- 10.3.2.2.4. By Applications
- 10.3.3. Argentina Intelligent Transportation Systems Market Outlook
- 10.3.3.1. Market Size & Forecast
- 10.3.3.2. Market Share & Forecast
- 10.3.3.2.1. By Component
- 10.3.3.2.2. By Mode of Transport
- 10.3.3.2.3. By Type
- 10.3.3.2.4. By Applications
11. Market Dynamics
- 11.1. Drivers
- 11.2. Challenges
12. Market Trends & Developments
- 12.1. Merger & Acquisition (If Any)
- 12.2. Product Launches (If Any)
- 12.3. Recent Developments
13. Global Intelligent Transportation Systems Market: SWOT Analysis
14. Porter's Five Forces Analysis
- 14.1. Competition in the Industry
- 14.2. Potential of New Entrants
- 14.3. Power of Suppliers
- 14.4. Power of Customers
- 14.5. Threat of Substitute Products
15. Competitive Landscape
- 15.1. Hitachi, Ltd.
- 15.1.1. Business Overview
- 15.1.2. Products & Services
- 15.1.3. Recent Developments
- 15.1.4. Key Personnel
- 15.1.5. SWOT Analysis
- 15.2. DENSO Corporation
- 15.3. Siemens AG
- 15.4. Thales Group
- 15.5. Kapsch TrafficCom AG
- 15.6. EFKON GmbH
- 15.7. Xerox Corporation
- 15.8. NVIDIA Corporation
16. Strategic Recommendations
17. About Us & Disclaimer