Global Smart Transportation
Market Report
2025
As per Cognitive Market Research's latest published report, Smart Transportation Industry's Compound Annual Growth Rate will be 12.7% from 2023 to 2030.
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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As per Cognitive Market Research's latest published report, Smart Transportation Industry's Compound Annual Growth Rate will be 12.7% from 2023 to 2030.
As per the current market study, out of 159.5 Billion USD global market revenue 2025, North America market holds 39.59% of the market share. The North America Smart Transportation industry grew from 39.105 Billion USD in 2021 to 63.146 Billion USD in 2025 and will record 61.93% growth. In coming future this industry will reach 161.485 Billion by 2033 with a 12.454% CAGR. If we look at the percentage market shares of top North America countries for 2025,United States (81.50%), Canada (12.86%), Mexico (5.64%)
As per the current market study, out of 159.5 Billion USD global market revenue 2025, Europe market holds 28.39% of the market share. The Europe Smart Transportation industry grew from 28.101 Billion USD in 2021 to 45.282 Billion USD in 2025 and will record 62.06% growth. In coming future this industry will reach 115.67 Billion by 2033 with a 12.438% CAGR. If we look at the percentage market shares of top Europe countries for 2025,United Kingdom (12.49%), Germany (16.51%), France (10.92%), Italy (7.28%), Russia (12.72%), Spain (7.46%), Sweden (2.74%), Denmark (2.69%), Switzerland (2.29%), Luxembourg (1.40%), Rest of Europe (23.50%)
As per the current market study, out of 159.5 Billion USD global market revenue 2025, Asia Pacific market holds 19.21% of the market share. The Asia Pacific Smart Transportation industry grew from 18.668 Billion USD in 2021 to 30.64 Billion USD in 2025 and will record 60.93% growth. In coming future this industry will reach 88.14 Billion by 2033 with a 14.12% CAGR. If we look at the percentage market shares of top Asia Pacific countries for 2025,China (29.77%), Japan (21.53%), India (15.48%), South Korea (7.13%), Australia (2.85%), Singapore (3.72%), South East Asia (9.90%), Taiwan (2.02%), Rest of APAC (7.60%)
As per the current market study, out of 159.5 Billion USD global market revenue 2025, South America market holds 6.91% of the market share. The South America Smart Transportation industry grew from 6.583 Billion USD in 2021 to 11.021 Billion USD in 2025 and will record 59.73% growth. In coming future this industry will reach 31.397 Billion by 2033 with a 13.981% CAGR. If we look at the percentage market shares of top South America countries for 2025,Brazil (36.51%), Argentina (13.53%), Colombia (8.71%), Peru (3.89%), Chile (2.13%), Rest of South America (35.23%)
As per the current market study, out of 159.5 Billion USD global market revenue 2025, Middle East market holds 3.79% of the market share. The Middle East Smart Transportation industry grew from 3.93 Billion USD in 2021 to 6.045 Billion USD in 2025 and will record 65.01% growth. In coming future this industry will reach 14.417 Billion by 2033 with a 11.477% CAGR. If we look at the percentage market shares of top Middle East countries for 2025,Saudi Arabia (36.64%), Turkey (12.90%), UAE (9.69%), Egypt (8.97%), Qatar (7.86%), Rest of Middle East (23.94%)
As per the current market study, out of 159.5 Billion USD global market revenue 2025, Africa market holds 2.11% of the market share. The Africa Smart Transportation industry grew from 1.867 Billion USD in 2021 to 3.365 Billion USD in 2025 and will record 55.48% growth. In coming future this industry will reach 9.205 Billion by 2033 with a 13.402% CAGR. If we look at the percentage market shares of top Africa countries for 2025,Nigeria (17.00%), South Africa (31.03%), Rest of Africa (51.98%)
2021 | 2025 | 2033 | CAGR | |
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Global Smart Transportation Market Sales Revenue | $ 98.255 Billion | $ 159.5 Billion | $ 420.314 Billion | 12.876% |
North America Smart Transportation Market Sales Revenue | $ 39.105 Billion | $ 63.146 Billion | $ 161.485 Billion | 12.454% |
United States Smart Transportation Market Sales Revenue | $ 31.996 Billion | $ 51.464 Billion | $ 129.575 Billion | 12.235% |
Canada Smart Transportation Market Sales Revenue | $ 4.935 Billion | $ 8.121 Billion | $ 23.221 Billion | 14.035% |
Mexico Smart Transportation Market Sales Revenue | $ 2.174 Billion | $ 3.561 Billion | $ 8.688 Billion | 11.792% |
Europe Smart Transportation Market Sales Revenue | $ 28.101 Billion | $ 45.282 Billion | $ 115.67 Billion | 12.438% |
United Kingdom Smart Transportation Market Sales Revenue | $ 3.569 Billion | $ 5.656 Billion | $ 13.591 Billion | 11.583% |
Germany Smart Transportation Market Sales Revenue | $ 4.67 Billion | $ 7.476 Billion | $ 18.01 Billion | 11.617% |
France Smart Transportation Market Sales Revenue | $ 3.029 Billion | $ 4.945 Billion | $ 14.001 Billion | 13.894% |
Italy Smart Transportation Market Sales Revenue | $ 2.009 Billion | $ 3.297 Billion | $ 8.791 Billion | 13.044% |
Russia Smart Transportation Market Sales Revenue | $ 3.614 Billion | $ 5.76 Billion | $ 14.042 Billion | 11.784% |
Spain Smart Transportation Market Sales Revenue | $ 2.13 Billion | $ 3.378 Billion | $ 8.074 Billion | 11.507% |
Sweden Smart Transportation Market Sales Revenue | $ 0.818 Billion | $ 1.241 Billion | $ 2.568 Billion | 9.518% |
Denmark Smart Transportation Market Sales Revenue | $ 0.781 Billion | $ 1.218 Billion | $ 2.51 Billion | 9.459% |
Switzerland Smart Transportation Market Sales Revenue | $ 0.663 Billion | $ 1.037 Billion | $ 2.394 Billion | 11.027% |
Luxembourg Smart Transportation Market Sales Revenue | $ 0.405 Billion | $ 0.633 Billion | $ 1.466 Billion | 11.073% |
Rest of Europe Smart Transportation Market Sales Revenue | $ 6.413 Billion | $ 10.643 Billion | $ 30.224 Billion | 13.936% |
Asia Pacific Smart Transportation Market Sales Revenue | $ 18.668 Billion | $ 30.64 Billion | $ 88.14 Billion | 14.12% |
China Smart Transportation Market Sales Revenue | $ 5.737 Billion | $ 9.122 Billion | $ 25.481 Billion | 13.702% |
Japan Smart Transportation Market Sales Revenue | $ 4.18 Billion | $ 6.597 Billion | $ 18.395 Billion | 13.676% |
India Smart Transportation Market Sales Revenue | $ 2.785 Billion | $ 4.743 Billion | $ 14.755 Billion | 15.241% |
South Korea Smart Transportation Market Sales Revenue | $ 1.374 Billion | $ 2.185 Billion | $ 5.817 Billion | 13.023% |
Australia Smart Transportation Market Sales Revenue | $ 0.56 Billion | $ 0.873 Billion | $ 1.869 Billion | 9.976% |
Singapore Smart Transportation Market Sales Revenue | $ 0.678 Billion | $ 1.14 Billion | $ 3.658 Billion | 15.691% |
South East Asia Smart Transportation Market Sales Revenue | $ 1.831 Billion | $ 3.033 Billion | $ 9.554 Billion | 15.421% |
Taiwan Smart Transportation Market Sales Revenue | $ 0.392 Billion | $ 0.619 Billion | $ 1.481 Billion | 11.521% |
Rest of APAC Smart Transportation Market Sales Revenue | $ 1.131 Billion | $ 2.329 Billion | $ 7.131 Billion | 15.014% |
South America Smart Transportation Market Sales Revenue | $ 6.583 Billion | $ 11.021 Billion | $ 31.397 Billion | 13.981% |
Brazil Smart Transportation Market Sales Revenue | $ 2.41 Billion | $ 4.024 Billion | $ 11.156 Billion | 13.594% |
Argentina Smart Transportation Market Sales Revenue | $ 0.885 Billion | $ 1.491 Billion | $ 4.492 Billion | 14.782% |
Colombia Smart Transportation Market Sales Revenue | $ 0.571 Billion | $ 0.96 Billion | $ 2.885 Billion | 14.748% |
Peru Smart Transportation Market Sales Revenue | $ 0.258 Billion | $ 0.429 Billion | $ 1.015 Billion | 11.364% |
Chile Smart Transportation Market Sales Revenue | $ 0.142 Billion | $ 0.235 Billion | $ 0.525 Billion | 10.57% |
Rest of South America Smart Transportation Market Sales Revenue | $ 2.318 Billion | $ 3.883 Billion | $ 11.324 Billion | 14.317% |
Middle East Smart Transportation Market Sales Revenue | $ 3.93 Billion | $ 6.045 Billion | $ 14.417 Billion | 11.477% |
Saudi Arabia Smart Transportation Market Sales Revenue | $ 1.447 Billion | $ 2.215 Billion | $ 5.168 Billion | 11.173% |
Turkey Smart Transportation Market Sales Revenue | $ 0.512 Billion | $ 0.78 Billion | $ 1.791 Billion | 10.939% |
UAE Smart Transportation Market Sales Revenue | $ 0.376 Billion | $ 0.586 Billion | $ 1.525 Billion | 12.708% |
Egypt Smart Transportation Market Sales Revenue | $ 0.349 Billion | $ 0.542 Billion | $ 1.348 Billion | 12.072% |
Qatar Smart Transportation Market Sales Revenue | $ 0.314 Billion | $ 0.475 Billion | $ 1.09 Billion | 10.936% |
Rest of Middle East Smart Transportation Market Sales Revenue | $ 0.933 Billion | $ 1.447 Billion | $ 3.495 Billion | 11.65% |
Africa Smart Transportation Market Sales Revenue | $ 1.867 Billion | $ 3.365 Billion | $ 9.205 Billion | 13.402% |
Nigeria Smart Transportation Market Sales Revenue | $ 0.319 Billion | $ 0.572 Billion | $ 1.522 Billion | 13.014% |
South Africa Smart Transportation Market Sales Revenue | $ 0.581 Billion | $ 1.044 Billion | $ 2.776 Billion | 13.004% |
Rest of Africa Smart Transportation Market Sales Revenue | $ 0.967 Billion | $ 1.749 Billion | $ 4.906 Billion | 13.758% |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
Market Split by Solution Type |
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Market Split by Service |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Report scope is customizable as we have a huge database of Smart Transportation industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Smart Transportation Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Smart transportation is the use of new and emerging technologies to optimize the efficiency, safety, and sustainability of transportation systems. It includes technologies such as real-time traffic monitoring, predictive maintenance for vehicles, intelligent transportation systems, and connected and autonomous vehicles. The goal of smart transportation is to create a seamless, integrated, and efficient transportation network that reduces congestion, improves mobility, and reduces the environmental impact of transportation.
The growing government focus on improving infrastructure, improving safety by reducing the risk of accidents, and improving emergency response times are major factors expected to support the market growth. Increasing traffic congestion across emerging and populated countries, and is becoming a major problem in many cities due to the increasing number of vehicles on the road, leading to increased demand for smart transportation solutions. It helps to get rapid visibility and notifications for trouble spots or city-wide issues affecting congestion on roads, public safety, and emergency response systems, it helps to communicate effectively with other agencies and emergency responders.
Moreover, increasing investments in smart city solutions and increasing adoption of smart city initiatives by government authorities have led to accelerating market growth.
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In September 2022, Accenture has acquired MacGregor Partners, a provider specializing in intelligent logistics and warehouse management. The acquisition expands Accenture’s supply chain network and fulfillment transformation capabilities powered by Blue Yonder technology.
Top Companies Market Share in Smart Transportation 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.
The APAC market is expected to hold the highest growth rate during the forecast period owing to the increasing need for better transportation, increasing traffic congestion, and growing concerns about the environmental impact of transportation are some of the key factors driving the growth of the smart transportation market in APAC.
The current report Scope analyzes Smart Transportation 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
The above graph is for illustrative purposes only.
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Global Smart Transportation 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 Smart Transportation Industry growth. Smart Transportation market has been segmented with the help of its Solution Type, Service , and others. Smart Transportation 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.
The parking management system holds a major share of the smart transportation market and is expected to grow at the fastest rate. This is attributed to the increasing number of vehicles, and growing urbanization which is expected to drive market growth.
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Smart Transportation Industry. Request a Free Sample PDF!
The cloud service is expected to grow at the fastest rate during the forecast period, owing to the increasing demand for cloud-based solutions to better manage data and storage.
The above Graph is for representation purposes only. This chart does not depict actual Market share.
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Research Analyst at Cognitive Market Research
I am a research analyst working in the Transport & Logistics domain, and my primary responsibility is to conduct thorough research on various subjects and provide valuable insights to support client requirements. I have knowledge of research methodologies, and data mining which enables me to analyze large data sets, draw meaningful conclusions, and communicate them effectively. I stay up-to-date with the latest research trends, methodologies, and technologies to ensure that my research is accurate, relevant, and impactful.
Sneha Mali is a research analyst working in various domains including the Consumer Goods, market research and transport & logistics and her primary responsibility is to conduct thorough research on various subjects and provide valuable insights to support client requirements. Her knowledge of research methodologies, and data mining which enables me to analyze large data sets, draw meaningful conclusions, and communicate them effectively.Sneha stay up-to-date with the latest research trends, methodologies, and technologies to ensure that her research is accurate, relevant, and impactful.
In her current role, Sneha is committed to continuous learning and staying abreast of emerging trends in research methodologies. Regular participation in workshops, webinars, and industry conferences ensures that her skills remain sharp and relevant. She have demonstrated ability to transform complex data sets into clear and concise narratives that inform key business strategies. Collaborating with cross-functional teams.Sneha remains an invaluable asset in the dynamic landscape of market 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 position and will assist you to understand opportunities and threats around the globe.
The Global Smart Transportation Market is witnessing significant growth in the near future.
In 2023, the Ticketing Management System segment accounted for noticeable share of global Smart Transportation Market and is projected to experience significant growth in the near future.
The Cloud Services segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Thales Group, Siemens 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:
Solution Type | Ticketing Management System, Parking Management System, Integrated Supervision System, Traffic Management System |
Service | Cloud Services, Business Services, Professional Services |
List of Competitors | Thales Group, Huawei, Siemens, IBM, Cisco Systems, SAP, Cubic, Alstom, Bombardier, Toshiba, Harris, Bentley Systems, Saab, Trimble, Veson Nautical, Advanced Navigation and Positioning, Bass Software, Indra Sistemas |
This chapter will help you gain GLOBAL Market Analysis of Smart Transportation. Further deep in this chapter, you will be able to review Global Smart Transportation 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 Smart Transportation. Further deep in this chapter, you will be able to review North America Smart Transportation Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Smart Transportation. Further deep in this chapter, you will be able to review Europe Smart Transportation Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Smart Transportation. Further deep in this chapter, you will be able to review Asia Pacific Smart Transportation 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 Smart Transportation. Further deep in this chapter, you will be able to review South America Smart Transportation 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 Smart Transportation. Further deep in this chapter, you will be able to review Middle East Smart Transportation 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 Smart Transportation. Further deep in this chapter, you will be able to review Middle East Smart Transportation 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 Smart Transportation. 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.
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 Solution Type Analysis 2019 -2031, will provide market size split by Solution Type. 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 Solution Type 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 Service Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Smart Transportation market
Chapter 12 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 13 Research Methodology and Sources
Why Ticketing Management System have a significant impact on Smart Transportation market? |
What are the key factors affecting the Ticketing Management System and Parking Management System of Smart Transportation Market? |
What is the CAGR/Growth Rate of Cloud Services during the forecast period? |
By type, which segment accounted for largest share of the global Smart Transportation Market? |
Which region is expected to dominate the global Smart Transportation Market within the forecast period? |
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Additional Qualitative Data |
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Additional Quantitative Data |
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