Intelligent Transport System Market, Global Outlook and Forecast 2024-2030
The global Intelligent Transport System market was valued at US$ million in 2023 and is projected to reach US$ million by 2030, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2023, While China is to reach $ Million.
Independent Platform Class Segment to Reach $ Million by 2030, with a % CAGR in next six years.
The global key manufacturers of Intelligent Transport System include Beijing Guangxin Times Information Technology, Didi Technology, Amap Software, Beijing Baidu Netcom Science and Technology, Shenzhen Tencent Computer Systems Company Limited, Dazhong Transportation Group, Anhui Wantong Technology, Jiangsu Tongxingbao Intelligent Transportation Technology and Shanghai Yanhua Smartech Group, etc. in 2023, the global top five players have a share approximately % in terms of revenue.
On January 18, 2024, China announced that the country?s first national-level transportation platform ?Qiangguo Transportation? has completed its internal testing and will soon be launched. In the future, it is estimated that the connected transportation capacity will account for more than 90% of the total market transportation capacity. Its ?car-hailing? service has been opened for operational testing and has been connected to dozens of online car-hailing capacity companies. ITS is a concept put forward by the United States in the early 1990s. In 2009, IBM proposed the concept of smart transportation. Based on intelligent transportation, ITS integrates high-tech IT technologies such as the Internet of Things, cloud computing, big data, and mobile Internet to solve four problems in real-time traffic monitoring, public vehicle management, travel information services, and vehicle auxiliary control.
This report aims to provide a comprehensive presentation of the global market for Intelligent Transport System, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Intelligent Transport System. This report contains market size and forecasts of Intelligent Transport System in global, including the following market information:
Global Intelligent Transport System Market Revenue, 2019-2024, 2025-2030, ($ millions)
Global top five companies in 2023 (%)
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Intelligent Transport System companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Intelligent Transport System Market, by Type, 2019-2024, 2025-2030 ($ millions)
Global Intelligent Transport System Market Segment Percentages, by Type, 2023 (%)
Independent Platform Class
Integrated Platform Class
Data Service Provider Class
ATMS
ATIS
ATPS
APTS
EMS
Others
Global Intelligent Transport System Market, by Application, 2019-2024, 2025-2030 ($ millions)
Global Intelligent Transport System Market Segment Percentages, by Application, 2023 (%)
Online Car-Hailing
Freight
Water Transport
Shipping
Others
Global Intelligent Transport System Market, By Region and Country, 2019-2024, 2025-2030 ($ Millions)
Global Intelligent Transport System Market Segment Percentages, By Region and Country, 2023 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Intelligent Transport System revenues in global market, 2019-2024 (estimated), ($ millions)
Key companies Intelligent Transport System revenues share in global market, 2023 (%)
Further, the report presents profiles of competitors in the market, key players include:
Beijing Guangxin Times Information Technology
Didi Technology
Amap Software
Beijing Baidu Netcom Science and Technology
Shenzhen Tencent Computer Systems Company Limited
Dazhong Transportation Group
Anhui Wantong Technology
Jiangsu Tongxingbao Intelligent Transportation Technology
Shanghai Yanhua Smartech Group
Beijing Telesound Electronics
Huawen Group
Zhengzhou Tiamaes Technology
CGI
ARUP
Agero, Inc.
DENSO CORPORATION
EFKON GmbH
Hitachi, Ltd.
Garmin Ltd.
Thales Group
Xerox Corporation
Ricardo
Sensys Networks, Inc.
Telenav, Inc.
Iteris, Inc.
Kapsch TrafficCom
Lanner
Nuance Communications, Inc.
Q-Free ASA
Siemens AG
Atlantia
Lime
Bird
Intel
The Land Transport Authority
WSP
Sumitomo Electric Industries
International Road Dynamics
Four-Faith
VITRONIC
BIGFIRE
CROSS
ADVANTECH
Mitsubishi Heavy Industries
i:TS
TomTom International BV
TransCore
Outline of Major Chapters:
Chapter 1: Introduces the definition of Intelligent Transport System, market overview.
Chapter 2: Global Intelligent Transport System market size in revenue.
Chapter 3: Detailed analysis of Intelligent Transport System company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Intelligent Transport System in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
