Global IoT in Intelligent Transportation System
Market Report
2025
The global IoT in Intelligent Transportation Systems market size is USD 5.7 billion in 2024. The IoT in Intelligent Transportation Systems market will show strongest growth with a compound annual growth rate (CAGR) of 24.3% from 2024 to 2031. This growth can be attributed to increasing dependence on automated technology.
The base year for the calculation is 2024. The historical will be 2021 to 2024. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, the global IoT in Intelligent Transportation Systems market size is USD 5.7 billion in 2024 and will expand at a compound annual growth rate (CAGR) of 24.3% from 2024 to 2031.
2021 | 2025 | 2033 | CAGR | |
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Global IoT in Intelligent Transportation System Market Sales Revenue | 121212 | 121212 | 121212 | 24.3% |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
Market Split by Offering |
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Market Split by System |
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Market Split by Roadways Application |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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IoT in Intelligent Transportation System Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
The Internet of Things (IoT) in Intelligent Transportation Systems (ITS) refers to the incorporation of IoT technologies such as sensors, GPS, and communication networks into transportation infrastructure in order to improve traffic management, safety, and logistics. This integration facilitates real-time data gathering, analysis, and sharing, resulting in more efficient and responsive transportation systems. IoT in ITS is the increasing need for traffic congestion management in urban areas. As cities grow, traffic congestion worsens, leading to longer commute times, increased pollution, and higher accident rates. IoT technologies help mitigate these issues by providing real-time traffic data, enabling dynamic traffic light management, route optimization, and improved public transportation scheduling, thus enhancing overall urban mobility and reducing congestion.
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In November 2022, Hitachi Rail Limited received a Framework Agreement contract from Ferroviaria Italiana (RFI) to design and deliver European Rail Transport Management System (ERTMS) digital signaling on 1,885 km of the Italian rail network.
(Source:https://www.hitachi.com/New/cnews/month/2022/11/221124.html#:~:text=22%20November%2C%202022)
Top Companies Market Share in IoT in Intelligent Transportation System Industry: (In no particular order of Rank)
If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.
According to Cognitive Market Research, North America dominated the market in 2024 and accounted for around 40% of the global revenue. North America advances in linked vehicles, smart infrastructure, and traffic management systems are propelling the IoT in Intelligent Transportation Systems market forward. Key stakeholders focus on improving safety, efficiency, and sustainability through integrated IoT technology in both urban and rural contexts.
n the Asia Pacific region, IoT in Intelligent Transportation Systems is rapidly advancing, driven by urbanization and infrastructure modernization. Countries like China, Japan, and India are spending extensively in smart traffic management, vehicle-to-infrastructure connection, and real-time analytics to improve transportation efficiency and safety.
The current report Scope analyzes IoT in Intelligent Transportation System Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
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Global IoT in Intelligent Transportation System Market Report 2025 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing IoT in Intelligent Transportation System Industry growth. IoT in Intelligent Transportation System market has been segmented with the help of its Offering, System Roadways Application, and others. IoT in Intelligent Transportation System market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
According to cognitive market research, handwear is the dominant category. The IoT in Intelligent Transportation Systems (ITS) market sector includes hardware components such as sensors, cameras, GPS devices, and communication modules. These hardware components are critical for data collection and transmission, which enables real-time traffic control, vehicle tracking, and infrastructure monitoring. Their integration improves the efficiency, safety, and sustainability of transportation networks, encouraging the expansion and use of ITS solutions globally.
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This industry is one of the most dynamic industries, mainly fuelled by advanced technological, changing customer needs, and regulatory environments. In this chapter, we have included IoT in Intelligent Transportation System market size, revenue share and growth rate for each application/end-user segment across the globe as well as regional level.
Moreover, we have also provides qualitative analysis such as driving and restraining factors which affects the IoT in Intelligent Transportation System market growth. This section helps companies to gain a deeper understanding of the market trends, challenges and technological advancements. Thus this analysis allows companies to build strategies and make informed decisions in a highly competitive and rapidly evolving market.
Some of the key System of IoT in Intelligent Transportation System are:
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Senior Research Analyst at Cognitive Market Research
Catering to tailored needs of clients in Consulting, Business Intelligence, Market Research, Forecasting, Matrix-Modeling, Data Analytics, Competitive Intelligence, Primary research and Consumer Insights.
Catering to tailored needs of clients in Consulting, Business Intelligence, Market Research, Forecasting, Matrix-Modelling, Data Analytics, Competitive Intelligence, Primary research and Consumer Insights. Experience in analyzing current trends, market demand, market assessment, growth indicators, competitors' strategy, etc. to help top management & investors to make strategic and tactical decisions in the form of market reports and presentations. Successfully delivered more than 500+ client & consulting assignments across verticals. Ability to work independently as well as with a team with confidence and ease.
I am committed to continuous learning and staying at the forefront of emerging trends in research and analytics. Regularly engaging in professional development opportunities, including workshops and conferences, keeps my skill set sharp and up-to-date. I spearheaded research initiatives focused on market trends and competitive landscapes. I have a proven track record of conducting thorough analyses, distilling key insights, and presenting findings in a way that resonates with diverse stakeholders. Through collaboration with cross-functional teams, I played a pivotal role in shaping business strategies rooted in robust research.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product positioning and will assist you to understand opportunities and threats around the globe.
The Global IoT in Intelligent Transportation System Market is witnessing significant growth in the near future.
In 2023, the Hardware segment accounted for noticeable share of global IoT in Intelligent Transportation System Market and is projected to experience significant growth in the near future.
The Advanced Traffic Management Systems (ATMS) segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Siemens AG (Germany) , Ltd. (Japan) and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Offering | Hardware, Software, Services |
System | Advanced Traffic Management Systems (ATMS), Advanced Traveler Information Systems (ATIS), ITS-enabled Transportation Pricing Systems (ITPS), Advanced Public Transportation Systems (APTS), Commercial Vehicle Operation (CVO) Systems |
Roadways Application | Intelligent Traffic Control, ?Collision Avoidance, Parking Management, Passenger Information Management, Ticketing Management, Emergency Vehicle Notification, Automotive Telematics, Fleet Management and Asset Monitoring |
List of Competitors | Siemens AG (Germany), Hitachi, Ltd. (Japan), Cubic Corporation (US), Conduent Incorporate (US), Kapsch TrafficCom AG (Austria), Teledyne Technologies Incorporated (US), Denso Corporation (Japan), Indra Sistemas, S.A. (Spain), Garmin Ltd. (US) |
This chapter will help you gain GLOBAL Market Analysis of IoT in Intelligent Transportation System. Further deep in this chapter, you will be able to review Global IoT in Intelligent Transportation System Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of IoT in Intelligent Transportation System. Further deep in this chapter, you will be able to review North America IoT in Intelligent Transportation System Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of IoT in Intelligent Transportation System. Further deep in this chapter, you will be able to review Europe IoT in Intelligent Transportation System Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of IoT in Intelligent Transportation System. Further deep in this chapter, you will be able to review Asia Pacific IoT in Intelligent Transportation System Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of IoT in Intelligent Transportation System. Further deep in this chapter, you will be able to review South America IoT in Intelligent Transportation System Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East Market Analysis of IoT in Intelligent Transportation System. Further deep in this chapter, you will be able to review Middle East IoT in Intelligent Transportation System Market Split by various segments and Country Split.
Chapter 6 Middle East Market Analysis
This chapter will help you gain Middle East Market Analysis of IoT in Intelligent Transportation System. Further deep in this chapter, you will be able to review Middle East IoT in Intelligent Transportation System Market Split by various segments and Country Split.
Chapter 7 Africa Market Analysis
This chapter provides an in-depth analysis of the market share among key competitors of IoT in Intelligent Transportation System. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Offering Analysis 2019 -2031, will provide market size split by Offering. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Offering Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by System Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 12 Market Split by Roadways Application Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global IoT in Intelligent Transportation System market
Chapter 13 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Chapter 14 Research Methodology and Sources
Why Hardware have a significant impact on IoT in Intelligent Transportation System market? |
What are the key factors affecting the Hardware and Software of IoT in Intelligent Transportation System Market? |
What is the CAGR/Growth Rate of Advanced Traffic Management Systems (ATMS) during the forecast period? |
By type, which segment accounted for largest share of the global IoT in Intelligent Transportation System Market? |
Which region is expected to dominate the global IoT in Intelligent Transportation System Market within the forecast period? |
Segmentation Level Customization |
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Global level Data Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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Report Format Alteration |
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