高度道路交通システム市場 – 2030年までの世界予測

Intelligent Transportation System Market - Global Forecast to 2030

高度道路交通システム市場 - 道路、鉄道、航空、海運、高度交通管理システム、通行料徴収・駐車管理システム、セキュリティ・監視システム、スマートチケットシステム - 2030年までの世界予測
Intelligent Transportation System Market by Roadways, Railways, Aviation, Maritime, Advanced Traffic Management Systems, Tolling & Parking Management Systems, Security & Surveillance Systems, Smart Ticketing Systems - Global Forecast to 2030

商品番号 : SMB-8447

出版社MarketsandMarkets
出版年月2025年8月
ページ数266
図表数262
価格タイプシングルユーザライセンス
価格USD 4,950
種別英文調査報告書

レポートでは、高度道路交通(インテリジェント交通)システム市場を区分し、モード(道路、鉄道、航空、海上)別に規模を予測しています。道路向けインテリジェント交通システム市場(高度な交通管理システム、高度な旅行者情報システム、通行料および駐車管理システム、セキュリティおよび監視システム)、鉄道向けインテリジェント交通システム市場(鉄道運行システム、乗客情報システム、スマートチケットシステムなど)、航空向けインテリジェント交通システム市場(航空機管理システム、セキュリティおよび監視システム、スマートチケットシステム、情報管理システム)、海上向けインテリジェント交通システム市場(自動識別システム、船舶交通管理システム、情報システムなど)、用途(セキュリティおよび監視、交通管理、情報管理、チケット発行など)別に予測しています。また、市場の推進要因、制約、機会、課題についても説明しています。4つの主要地域(北米、ヨーロッパ、アジア太平洋、その他の地域)の詳細な市場概要を示しています。レポートには、インテリジェント交通システムエコシステムにおける主要プレーヤーのバリューチェーン分析と競合分析が含まれています。

世界の高度道路交通システム市場は、2025年に425億5,000万米ドルと評価され、2030年には553億6,000万米ドルに達すると予測されています。予測期間中の年平均成長率(CAGR)は5.4%です。都市部の交通渋滞の増加、自動車保有数の急増、スマートで持続可能なモビリティソリューションへの需要の高まりを背景に、市場は地域全体で力強い成長を遂げています。スマートシティの開発と公共交通インフラの改善を目指す政府の取り組みにより、ITS技術の導入がさらに加速しています。ITSソリューションは、道路の安全性の向上、移動時間の短縮、交通の流れの最適化、環境への影響の最小化に重要な役割を果たしています。高度な交通管理システム、スマートパーキング、電子料金収受システム、リアルタイム旅行者情報システムなどのアプリケーションは、道路や公共交通ネットワーク全体で広く導入されています。

The global intelligent transportation system market was valued at USD 42.55 billion in 2025 and is projected to reach USD 55.36 billion by 2030, at a CAGR of 5.4% during the forecast period. The market is experiencing robust growth across regions, driven by increasing urban traffic congestion, a surge in vehicle ownership, and the rising demand for smart and sustainable mobility solutions. Government initiatives aimed at developing smart cities and improving public transport infrastructure further accelerate ITS technology deployment. ITS solutions play a crucial role in enhancing road safety, reducing travel time, optimizing traffic flow, and minimizing environmental impact. Applications such as advanced traffic management systems, smart parking, electronic toll collection, and real-time traveler information systems are being widely adopted across roadways and public transit networks.

高度道路交通システム市場 - 2030年までの世界予測
intelligent-transport-systems-its-market

“Based on mode, the railways segment is expected to account for the second-largest market share during the forecast period.”

The railways segment is expected to hold the second-largest market size in the intelligent transportation system market during the forecast period due to the modernization of rail infrastructure, increasing investments in high-speed rail and urban transit systems, and rising demand for enhanced safety and operational efficiency. Modernization of rail infrastructure drives the adoption of advanced ITS technologies such as automated signaling, real-time monitoring, and predictive maintenance, which help enhance operational efficiency and reduce service downtime. Additionally, increasing investments in high-speed rail and urban transit projects across both developed and developing economies are leading to the large-scale deployment of ITS solutions like smart ticketing systems, centralized traffic control centers, and dynamic passenger information displays. These systems ensure seamless integration, optimized scheduling, and improved commuter experiences. Moreover, the rising demand for improved safety and system reliability is accelerating the implementation of technologies such as obstacle detection, intelligent surveillance, and automated braking, all of which contribute to safer and more efficient rail operations.

“Based on application, the ticketing segment is projected to register the second-highest CAGR during the forecast period.”

The ticketing segment is projected to register the second-highest CAGR in the intelligent transportation system market during the forecast period due to the growing demand for contactless and digital payment solutions, increasing deployment of automated fare collection (AFC) systems, and rising focus on improving passenger convenience and reducing operational costs. Growing demand for contactless and digital payment solutions is driving the adoption of smart cards, mobile ticketing apps, and QR-code-based systems, offering faster, more secure, and hygienic payment options that enhance the commuter experience while reducing the need for physical interactions. The increasing deployment of AFC systems across buses, trains, and metro services enables efficient, error-free, and real-time fare processing. This not only improves revenue assurance for transit operators but also supports the scalability of these systems across large, multimodal transport networks. Additionally, the rising focus on enhancing passenger convenience and reducing operational costs encourages transport agencies to transition from manual to digital ticketing solutions, which streamline boarding processes, cut down on labor expenses, and improve overall service reliability, fueling the segment’s robust growth.

高度道路交通システム市場 - 2030年までの世界予測 region
intelligent-transport-systems-its-market-region

“North America to register second-highest CAGR during forecast period”

North America is projected to register the second-highest CAGR in the intelligent transportation system market during the forecast period due to the strong presence of advanced transport infrastructure, growing investments in smart mobility and autonomous vehicle technologies, and increasing government support for sustainable and efficient transportation systems. The region’s well-established transportation network provides a strong foundation for the integration of advanced ITS solutions, such as intelligent traffic management, real-time incident detection, and adaptive signal control. Additionally, government initiatives supporting eco-friendly and efficient urban transportation, including congestion pricing, electric vehicle (EV) integration, and data-driven traffic optimization, further drive the adoption of ITS. These factors combined are fostering an environment conducive to the rapid implementation and expansion of intelligent transportation systems, positioning North America as a key growth region in the global market.

Extensive primary interviews were conducted with key industry experts in the intelligent transportation system market to determine and verify the market size for various segments and subsegments gathered through secondary research. The breakdown of primary participants for the report is shown below.

The study contains insights from various industry experts, from component suppliers to Tier 1 companies and OEMs. The break-up of the primaries is as follows:

  • By Company Type – Tier 1 – 55%, Tier 2 – 25%, and Tier 3 – 20%
  • By Designation – Directors – 50%, Managers – 30%, and Others – 20%
  • By Region – North America – 45%, Europe – 30%, Asia Pacific – 20%, and RoW – 5%

The intelligent transportation system market is dominated by a few globally established players, such as Siemens (Germany), Hitachi Ltd. (Japan), Mundys (Italy), Indra Sistemas S.A. (Spain), Verra Mobility (US), Cubic Corporation (US), Conduent, Inc. (US), Kapsch Trafficcom AG (Austria), Thales (France), Teledyne Technologies Incorporated (US), Swarco (Austria), ST Engineering (Singapore), Iteris, Inc (US), Q-Free (Norway), SERCO GROUP PLC (UK).

高度道路交通システム市場 - 2030年までの世界予測 ecosystem
intelligent-transport-systems-its-market1-ecosystem

The study includes an in-depth competitive analysis of these key players in the intelligent transportation system market, with their company profiles, recent developments, and key market strategies.

Study Coverage:

The report segments the intelligent transportation system market and forecasts its size by mode (roadways, railways, aviation, maritime), intelligent transportation system market for roadways (advanced traffic management systems, advanced traveler information systems, tolling & parking management systems, security & surveillance systems), intelligent transportation system market for railways (rail operation systems, passenger information systems, smart ticketing systems, others), intelligent transportation system market for aviation (aircraft management systems, security & surveillance systems, smart ticketing systems, information management systems), intelligent transportation system market for maritime (automatic identification systems, vessel traffic management systems, information systems, others), application (security  & surveillance, traffic management, information management, ticketing, others). It also discusses the market’s drivers, restraints, opportunities, and challenges. It gives a detailed view of the market across four main regions (North America, Europe, Asia Pacific, and RoW). The report includes a value chain analysis of the key players and their competitive analysis in the intelligent transportation system ecosystem.

Key Benefits of Buying the Report:

  • Analysis of key drivers (Rapid urbanization across regions, Government initiatives to increase road safety, Rising development of smart cities globally, Increasing demand for mobility services), restraints (High upfront costs of implementation, Slow technology adoption in emerging economies), opportunities (Growing public-private partnerships, Growing demand for emerging economies), challenges (Complexity of data management and privacy)
  • Product Development/Innovation: Detailed insights on upcoming technologies, research and development activities, and new product launches in the intelligent transportation system market
  • Market Development: Comprehensive information about lucrative markets – the report analyses the intelligent transportation system market across varied regions.
  • Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the intelligent transportation system market
  • Competitive Assessment: In-depth assessment of market shares and growth strategies of leading players, such as Siemens (Germany), Hitachi Ltd. (Japan), Mundys (Italy), Indra Sistemas S.A. (Spain), Verra Mobility (US), Cubic Corporation (US), Conduent, Inc. (US), Kapsch Trafficcom AG (Austria), Thales (France), Teledyne Technologies Incorporated (US), Swarco (Austria), ST Engineering (Singapore), Iteris, Inc (US), Q-Free (Norway), SERCO GROUP PLC (UK).

Table of Contents

1               INTRODUCTION              26

1.1           STUDY OBJECTIVES       26

1.2           MARKET DEFINITION   26

1.3           STUDY SCOPE   27

1.3.1        MARKETS COVERED AND REGIONAL SCOPE      27

1.3.2        INCLUSIONS AND EXCLUSIONS 28

1.3.3        YEARS CONSIDERED      29

1.4           CURRENCY CONSIDERED            30

1.5           UNIT CONSIDERED        30

1.6           STAKEHOLDERS               30

1.7           SUMMARY OF CHANGES               30

2               RESEARCH METHODOLOGY       32

2.1           RESEARCH DATA              32

2.1.1        SECONDARY DATA          33

2.1.1.1    List of key secondary sources              33

2.1.1.2    Key data from secondary sources       34

2.1.2        PRIMARY DATA 34

2.1.2.1    List of primary interview participants               34

2.1.2.2    Breakdown of primary interviews      35

2.1.2.3    Key data from primary sources           35

2.1.2.4    Key industry insights           37

2.1.3        SECONDARY AND PRIMARY RESEARCH 37

2.2           MARKET SIZE ESTIMATION         38

2.2.1        BOTTOM-UP APPROACH              38

2.2.1.1    Approach to estimate market size using bottom-up analysis

(demand side)       38

2.2.2        TOP-DOWN APPROACH                39

2.2.2.1    Approach to estimate market size using top-down analysis

(supply side)         39

2.3           FACTOR ANALYSIS          40

2.3.1        DEMAND-SIDE ANALYSIS             40

2.3.2        SUPPLY-SIDE ANALYSIS                 41

2.4           MARKET BREAKDOWN AND DATA TRIANGULATION                 42

2.5           RESEARCH ASSUMPTIONS           43

2.6           RISK ASSESSMENT           43

2.7           RESEARCH LIMITATIONS             43

3               EXECUTIVE SUMMARY  44

4               PREMIUM INSIGHTS       47

4.1           ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN INTELLIGENT

TRANSPORTATION SYSTEM MARKET     47

4.2           INTELLIGENT TRANSPORTATION SYSTEM MARKET, BY MODE   48

4.3           INTELLIGENT TRANSPORTATION SYSTEM MARKET, BY APPLICATION   48

4.4           INTELLIGENT TRANSPORTATION SYSTEM MARKET, BY REGION                49

4.5           INTELLIGENT TRANSPORTATION SYSTEM MARKET, BY COUNTRY            49

5               MARKET OVERVIEW       50

5.1           INTRODUCTION              50

5.2           MARKET DYNAMICS       50

5.2.1        DRIVERS               51

5.2.1.1    Increasing migration from rural to urban areas               51

5.2.1.2    Government-led initiatives to increase road safety         51

5.2.1.3    Rapid development of smart cities     52

5.2.1.4    Increasing demand for mobility services           52

5.2.2        RESTRAINT         53

5.2.2.1    Substantial investments in deploying advanced technologies                 53

5.2.2.2    Infrastructure limitations and budgetary constraints in developing countries            54

5.2.3        OPPORTUNITIES              54

5.2.3.1    Growing public-private partnerships                 54

5.2.3.2    Pressing need for smart mobility solutions      55

5.2.4        CHALLENGES    56

5.2.4.1    Complexities associated with data management and privacy                 56

5.3           TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS            56

5.4           PRICING ANALYSIS          57

5.4.1        AVERAGE SELLING PRICE TREND OF THERMAL CAMERAS, BY REGION,

2021–2024              57

5.4.2        AVERAGE SELLING PRICE TREND OF VEHICLE DETECTION SENSORS,

BY REGION, 2021–2024    58

5.4.3        AVERAGE SELLING PRICE OF THERMAL CAMERAS, BY KEY PLAYER, 2024             59

5.4.4        AVERAGE SELLING PRICE OF VEHICLE DETECTION SENSORS,

BY KEY PLAYER, 2024      60

5.5           VALUE CHAIN ANALYSIS               60

5.6           ECOSYSTEM ANALYSIS  63

5.7           TECHNOLOGY ANALYSIS             64

5.7.1        KEY TECHNOLOGIES     64

5.7.1.1    Global navigation satellite systems    64

5.7.1.2    Automatic number plate recognition 64

5.7.2        COMPLEMENTARY TECHNOLOGIES       64

5.7.2.1    Digital twin            64

5.7.3        ADJACENT TECHNOLOGIES       65

5.7.3.1    RFID      65

5.8           PATENT ANALYSIS          66

5.9           TRADE ANALYSIS             68

5.9.1        IMPORT DATA (HS CODE 8530) 68

5.9.2        EXPORT DATA (HS CODE 8530) 69

5.10         KEY CONFERENCES AND EVENTS, 2025–2026        70

5.11         CASE STUDIES  71

5.11.1      PUBLIC TRANSPORTATION IN DEHRADUN ADOPT REAL-TIME MONITORING AND DIGITAL TICKETING TO OPTIMIZE TRAVEL PATTERNS   71

5.11.2      SHENZHEN TRANSPORTATION HUBS ENHANCE SURVEILLANCE WITH ANALOG AND DIGITAL SYSTEMS                 71

5.11.3      MÉRIDA DEPLOYS SMART CITY SOLUTIONS TO REDUCE DELAY AND IMPROVE MOBILITY WITH CUBIC’S INTELLIGENT TRAFFIC PLATFORM         72

5.11.4      EGYPT IMPLEMENTS INTELLIGENT TRANSPORT SYSTEM TO IMPROVE SAFETY, ENHANCE MOBILITY, AND REDUCE CONGESTION 72

5.12         INVESTMENT AND FUNDING SCENARIO               73

5.13         TARIFF AND REGULATORY LANDSCAPE               73

5.13.1      TARIFF ANALYSIS (HS CODE 8530)            73

5.13.2      REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS             74

5.13.3      STANDARDS      76

5.14         PORTER’S FIVE FORCES ANALYSIS            76

5.14.1      THREAT OF NEW ENTRANTS      77

5.14.2      THREAT OF SUBSTITUTES          77

5.14.3      BARGAINING POWER OF SUPPLIERS       77

5.14.4      BARGAINING POWER OF BUYERS             78

5.14.5      INTENSITY OF COMPETITIVE RIVALRY 78

5.15         KEY STAKEHOLDERS AND BUYING CRITERIA     78

5.15.1      KEY STAKEHOLDER IN BUYING PROCESS             78

5.15.2      BUYING CRITERIA           79

5.16         IMPACT OF AI/GEN AI ON INTELLIGENT TRANSPORTATION SYSTEM MARKET     79

5.16.1      INTRODUCTION              79

5.17         IMPACT OF 2025 US TARIFF ON INTELLIGENT TRANSPORTATION SYSTEM MARKET     81

5.17.1      INTRODUCTION              81

5.17.2      KEY TARIFF RATES          81

5.17.3      PRICE IMPACT ANALYSIS             82

5.17.4      IMPACT ON COUNTRY/REGION                83

5.17.4.1  US           83

5.17.4.2  Europe   84

5.17.4.3  Asia Pacific            85

5.17.5      IMPACT ON APPLICATIONS        85

6               PROTOCOLS FOR INTELLIGENT TRANSPORTATION SYSTEMS              87

6.1           INTRODUCTION              87

6.2           SHORT RANGE  87

6.2.1        WAVE (IEEE 802.11)          87

6.2.2        WPAN (IEEE 802.15)          88

6.3           LONG RANGE    88

6.3.1        WIMAX (IEEE 802.11)       88

6.3.2        OFDM   88

6.4           IEEE 1512              88

6.5           TRAFFIC MANAGEMENT DATA DICTIONARY     89

6.6           OTHER PROTOCOLS      89

7               INTELLIGENT TRANSPORTATION SYSTEM MARKET, BY MODE   90

7.1           INTRODUCTION              91

7.2           ROADWAYS        92

7.2.1        RISING NEED FOR REAL-TIME VEHICLE TRACKING TO FOSTER MARKET GROWTH         92

7.3           RAILWAYS           93

7.3.1        INTEGRATION WITH ONBOARD DIAGNOSTICS AND CLOUD COMMUNICATION TO OFFER LUCRATIVE GROWTH OPPORTUNITIES              93

7.4           AIRWAYS              93

7.4.1        DRONE INTEGRATION INTO COMMERCIAL AIRSPACE TO FUEL MARKET GROWTH       93

7.5           MARITIME           94

7.5.1        EVOLUTION OF SMART LOGISTICS HUBS TO DRIVE MARKET               94

8               INTELLIGENT TRANSPORTATION SYSTEM MARKET FOR ROADWAYS,

BY SYSTEM TYPE AND OFFERING             95

8.1           INTRODUCTION              96

8.2           INTELLIGENT TRANSPORTATION SYSTEM MARKET FOR ROADWAYS, BY SYSTEM TYPE          98

8.2.1        ADVANCED TRAFFIC MANAGEMENT SYSTEMS 98

8.2.1.1    Adaptive traffic signal control systems              98

8.2.1.1.1 Shift toward smart and responsive traffic ecosystems to drive market    98

8.2.1.2    Ramp metering systems      99

8.2.1.2.1 Rising emphasis on smart mobility and congestion mitigation to boost demand        99

8.2.1.3    Variable speed limit systems               99

8.2.1.3.1 Transition toward intelligent and connected infrastructure to support segmental growth   99

8.2.1.4    Incident detection systems 100

8.2.1.4.1 Increasing demand for scalable, automated, and reliable detection solutions to foster market growth      100

8.2.2        ADVANCED TRAVELER INFORMATION SYSTEMS                 101

8.2.2.1    Dynamic signboards             102

8.2.2.1.1 Growing emphasis on connectivity, automation, and energy efficiency to drive market    102

8.2.2.2    Transit information systems               102

8.2.2.2.1 Global push for sustainable and integrated mobility to support market growth       102

8.2.2.3    Weather information systems             103

8.2.2.3.1 Shift toward AI-powered forecasting and edge computing capabilities to drive market 103

8.2.3        TOLLING & PARKING MANAGEMENT SYSTEMS 104

8.2.3.1    Rising digital infrastructure investments to boost demand                 104

8.2.4        SECURITY & SURVEILLANCE SYSTEMS   105

8.2.4.1    Growing emphasis on smart city infrastructure to drive market                 105

8.3           INTELLIGENT TRANSPORTATION SYSTEM MARKET FOR ROADWAYS, BY OFFERING 106

8.3.1        HARDWARE        107

8.3.1.1    Increasing focus on developing energy-efficient, ruggedized, and low-maintenance equipment to boost demand                107

8.3.2        SOFTWARE         110

8.3.2.1    Improved roadway efficiency and safety to fuel market growth                 110

8.3.3        SERVICES             111

8.3.3.1    Shift toward cloud-based traffic management platforms and AI-powered analytics to offer lucrative growth opportunities             111

9               INTELLIGENT TRANSPORTATION SYSTEM MARKET FOR RAILWAYS,

BY SYSTEM TYPE AND OFFERING             112

9.1           INTRODUCTION              113

9.2           INTELLIGENT TRANSPORTATION SYSTEM MARKET FOR RAILWAYS, BY SYSTEM TYPE             115

9.2.1        RAIL OPERATION SYSTEMS         115

9.2.1.1    Signaling solutions                115

9.2.1.1.1 Growing emphasis on high-speed rail and urban metro networks to foster market growth       115

9.2.1.2    Control & supervision systems           116

9.2.1.2.1 Increasing demand for high-capacity and low-latency control solutions to drive market     116

9.2.1.3    Rail traffic management systems       116

9.2.1.3.1 Growing sophistication of rail traffic management platforms to boost demand        116

9.2.2        PASSENGER INFORMATION SYSTEMS    118

9.2.2.1    Shift toward cloud-based architectures and AI-driven analytics to support market growth        118

9.2.3        SMART TICKETING SYSTEMS     119

9.2.3.1    Increasing investments in smart city infrastructure to fuel market growth    119

9.2.4        OTHER RAILWAYS SYSTEM TYPES            120

9.3           INTELLIGENT TRANSPORTATION SYSTEM MARKET FOR RAILWAYS, BY OFFERING   120

9.3.1        HARDWARE        120

9.3.1.1    Growing demand for high-speed rail and smart rail infrastructure to drive market      120

9.3.2        SOFTWARE         121

9.3.2.1    Reduced operational delays with data-driven and AI-enhanced software platforms to foster market growth     121

9.3.3        SERVICES             121

9.3.3.1    Growing complexity of rail networks and increasing emphasis on digital transformation to support market growth             121

10            INTELLIGENT TRANSPORTATION SYSTEM MARKET FOR AIRWAYS,

BY SYSTEM TYPE AND OFFERING             123

10.1         INTRODUCTION              124

10.2         INTELLIGENT TRANSPORTATION SYSTEM MARKET FOR AIRWAYS, BY SYSTEM TYPE                126

10.2.1      AIRCRAFT MANAGEMENT SYSTEMS        126

10.2.1.1  Air traffic control systems   126

10.2.1.1.1                Increasing complexity of manned and unmanned aircraft operations to drive market    126

10.2.1.1.2                Other aircraft management systems 126

10.2.2      SECURITY & SURVEILLANCE SYSTEMS   127

10.2.2.1  Seamless integration with centralized command and control systems to drive market       127

10.2.3      SMART TICKETING SYSTEMS     128

10.2.3.1  Emphasis on modernizing global air travel systems to boost demand  128

10.2.4      INFORMATION MANAGEMENT SYSTEMS              129

10.2.4.1  Expanding ecosystem of eVTOL aircraft to support market growth    129

10.3         INTELLIGENT TRANSPORTATION SYSTEM MARKET FOR AIRWAYS, BY OFFERING      130

10.3.1      HARDWARE        130

10.3.1.1  Advancements in sensor miniaturization and edge computing to offer lucrative growth opportunities  130

10.3.2      SOFTWARE         131

10.3.2.1  Shift toward interoperable, scalable, and secure software systems to foster market growth       131

10.3.3      SERVICES             131

10.3.3.1  Increasing investments in smart airport infrastructure to boost demand  131

11            INTELLIGENT TRANSPORTATION SYSTEM MARKET FOR MARITIME,

BY SYSTEM TYPE AND OFFERING             133

11.1         INTRODUCTION              134

11.2         INTELLIGENT TRANSPORTATION SYSTEM MARKET FOR MARITIME, BY SYSTEM TYPE             136

11.2.1      AUTOMATIC IDENTIFICATION SYSTEMS              136

11.2.1.1  Shift toward autonomous navigation and digital port infrastructure to boost demand          136

11.2.2      VESSEL TRAFFIC MANAGEMENT SYSTEMS           137

11.2.2.1  Need to optimize vessel turnaround times and reduce fuel consumption to foster market growth                137

11.2.3      INFORMATION SYSTEMS              138

11.2.3.1  Rising need to implement sustainable shipping practices to foster market growth       138

11.2.4      OTHER MARITIME SYSTEM TYPES           139

11.3         INTELLIGENT TRANSPORTATION SYSTEM MARKET FOR MARITIME, BY OFFERING   139

11.3.1      HARDWARE        139

11.3.1.1  Growing adoption of digital and automated maritime operations to drive market      139

11.3.2      SOFTWARE         140

11.3.2.1  Need to optimize maritime logistics and enhance safety to fuel market growth       140

11.3.3      SERVICES             140

11.3.3.1  Reduced operational downtime and improved safety to drive market    140

12            INTELLIGENT TRANSPORTATION SYSTEM MARKET, BY APPLICATION   142

12.1         INTRODUCTION              143

12.2         SECURITY & SURVEILLANCE       144

12.2.1      RISING DEMAND FOR AI-POWERED SECURITY & SURVEILLANCE TO DRIVE MARKET         144

12.3         TRAFFIC MANAGEMENT               145

12.3.1      NEED TO OPTIMIZE TRAFFIC FLOW AND REDUCE CONGESTION TO FUEL MARKET GROWTH          145

12.4         INFORMATION MANAGEMENT 145

12.4.1      GROWING COMPLEXITY OF URBAN MOBILITY TO DRIVE MARKET 145

12.5         TICKETING         146

12.5.1      SHIFT TOWARD INTEGRATED MOBILITY-AS-A-SERVICE MODELS TO FUEL MARKET GROWTH    146

12.6         OTHER APPLICATIONS 146

13            INTELLIGENT TRANSPORTATION SYSTEM MARKET, BY REGION                147

13.1         INTRODUCTION              148

13.2         NORTH AMERICA             149

13.2.1      MACROECONOMIC OUTLOOK FOR NORTH AMERICA                 149

13.2.2      US           154

13.2.2.1  Need to control traffic congestion and reduce pollution to boost demand  154

13.2.3      CANADA               154

13.2.3.1  Favorable government initiatives to drive market           154

13.2.4      MEXICO                155

13.2.4.1  Expanding transportation networks to offer lucrative growth opportunities         155

13.3         EUROPE               155

13.3.1      MACROECONOMIC OUTLOOK FOR EUROPE      155

13.3.2      GERMANY           161

13.3.2.1  Growing emphasis on creating sustainable and future-proof transportation systems to fuel market growth  161

13.3.3      FRANCE                161

13.3.3.1  Implementation of Mobility 3.0 program to offer lucrative growth opportunities         161

13.3.4      UK          162

13.3.4.1  Growing investments to develop and deploy ITS to drive market                 162

13.3.5      ITALY    162

13.3.5.1  Improved fleet management and passenger information to support market growth        162

13.3.6      SPAIN    162

13.3.6.1  Increasing emphasis on improving safety in road operations and maintenance to boost demand            162

13.3.7      BELGIUM             163

13.3.7.1  Growing demand for emission-free public transportation systems to fuel market growth           163

13.3.8      DENMARK           163

13.3.8.1  Rising adoption of EVs to offer lucrative growth opportunities                 163

13.3.9      AUSTRIA              163

13.3.9.1  Increasing decarbonization efforts to drive market         163

13.3.10   SWEDEN              163

13.3.10.1                 Promotion of sustainable and smart transportation initiatives to support market growth 163

13.3.11   REST OF EUROPE             164

13.4         ASIA PACIFIC     164

13.4.1      MACROECONOMIC OUTLOOK FOR ASIA PACIFIC                 164

13.4.2      CHINA  169

13.4.2.1  Rising need to tackle traffic congestion and pollution to fuel market growth       169

13.4.3      JAPAN   170

13.4.3.1  Growing demand for connected and autonomous vehicles to foster market growth            170

13.4.4      INDIA    170

13.4.4.1  Increasing need to boost efficiency of urban transportation networks to support market growth   170

13.4.5      SOUTH KOREA  170

13.4.5.1  Emphasis on developing smart mobility infrastructure and reducing urban congestion to support market growth    170

13.4.6      AUSTRALIA         171

13.4.6.1  Public-private collaborations to boost demand                171

13.4.7      REST OF ASIA PACIFIC   171

13.5         ROW      171

13.5.1      MACROECONOMIC OUTLOOK FOR ROW              171

13.5.2      MIDDLE EAST   175

13.5.2.1  GCC       176

13.5.2.1.1                Rising initiatives to promote sustainable mobility to drive market          176

13.5.2.2  Rest of Middle East              177

13.5.3      AFRICA 177

13.5.3.1  Shift toward intelligent urban mobility and sustainable transport development to boost demand            177

13.5.4      SOUTH AMERICA             177

13.5.4.1  Increasing emphasis on developing smart cities to offer lucrative growth opportunities            177

14            COMPETITIVE LANDSCAPE         178

14.1         OVERVIEW          178

14.2         KEY PLAYER STRATEGIES/RIGHT TO WIN, 2020–2025                 178

14.3         MARKET SHARE ANALYSIS, 2024                 179

14.4         REVENUE ANALYSIS, 2020–2024  181

14.5         COMPANY VALUATION AND FINANCIAL METRICS                 182

14.6         BRAND/PRODUCT COMPARISON             183

14.7         COMPANY EVALUATION MATRIX: KEY PLAYERS, 2024                 183

14.7.1      STARS   184

14.7.2      EMERGING LEADERS     184

14.7.3      PERVASIVE PLAYERS      184

14.7.4      PARTICIPANTS 184

14.7.5      COMPANY FOOTPRINT: KEY PLAYERS, 2024         186

14.7.5.1  Company footprint               186

14.7.5.2  Region footprint   187

14.7.5.3  Mode footprint      188

14.7.5.4  Offering footprint 189

14.7.5.5  Application footprint            191

14.8         COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2024        192

14.8.1      PROGRESSIVE COMPANIES         192

14.8.2      RESPONSIVE COMPANIES            192

14.8.3      DYNAMIC COMPANIES  192

14.8.4      STARTING BLOCKS         192

14.8.5      COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2024                 194

14.8.5.1  Detailed list of key startups/SMEs    194

14.8.5.2  Competitive benchmarking of key startups/SMEs          194

14.9         COMPETITIVE SCENARIO             195

14.9.1      PRODUCT LAUNCHES   195

14.9.2      DEALS  196

15            COMPANY PROFILES      197

15.1         INTRODUCTION              197

15.2         KEY PLAYERS     197

15.2.1      SIEMENS              197

15.2.1.1  Business overview 197

15.2.1.2  Products/Solutions/Services offered 199

15.2.1.3  Recent developments           199

15.2.1.3.1                Developments       199

15.2.1.4  MnM view              200

15.2.1.4.1                Key strengths/Right to win 200

15.2.1.4.2                Strategic choices   200

15.2.1.4.3                Weaknesses/Competitive threats       200

15.2.2      HITACHI, LTD.  201

15.2.2.1  Business overview 201

15.2.2.2  Products/Solutions/Services offered 202

15.2.2.3  Recent developments           203

15.2.2.3.1                Product launches  203

15.2.2.3.2                Deals      203

15.2.2.3.3                Other developments             204

15.2.2.4  MnM view              204

15.2.2.4.1                Key strengths/Right to win 204

15.2.2.4.2                Strategic choices   204

15.2.2.4.3                Weaknesses/Competitive threats       204

15.2.3      CUBIC CORPORATION  205

15.2.3.1  Business overview 205

15.2.3.2  Products/Solutions/Services offered 205

15.2.3.3  Recent developments           207

15.2.3.3.1                Product launches  207

15.2.3.3.2                Deals      207

15.2.3.3.3                Expansions             208

15.2.3.4  MnM view              208

15.2.3.4.1                Key strengths/Right to win 208

15.2.3.4.2                Strategic choices   208

15.2.3.4.3                Weaknesses/Competitive threats       208

15.2.4      CONDUENT INCORPORATED    209

15.2.4.1  Business overview 209

15.2.4.2  Products/Solutions/Services offered 210

15.2.4.3  Recent developments           212

15.2.4.3.1                Product launches  212

15.2.4.3.2                Other developments             212

15.2.4.4  MnM view              213

15.2.4.4.1                Key strengths/Right to win 213

15.2.4.4.2                Strategic choices   213

15.2.4.4.3                Weaknesses/Competitive threats       213

15.2.5      KAPSCH TRAFFICCOM AG            214

15.2.5.1  Business overview 214

15.2.5.2  Products/Solutions/Services offered 216

15.2.5.3  Recent developments           217

15.2.5.3.1                Product launches  217

15.2.5.3.2                Other developments             217

15.2.5.4  MnM view              218

15.2.5.4.1                Key strengths/Right to win 218

15.2.5.4.2                Strategic choices   218

15.2.5.4.3                Weaknesses/Competitive threats       218

15.2.6      THALES                219

15.2.6.1  Business overview 219

15.2.6.2  Products/Solutions/Services offered 220

15.2.6.3  Recent developments           221

15.2.6.3.1                Product launches  221

15.2.7      TELEDYNE TECHNOLOGIES INCORPORATED    222

15.2.7.1  Business overview 222

15.2.7.2  Products/Solutions/Services offered 224

15.2.7.3  Recent developments           225

15.2.7.3.1                Product launches  225

15.2.7.3.2                Deals      225

15.2.8      INDRA SISTEMAS, S.A.    226

15.2.8.1  Business overview 226

15.2.8.2  Products/Solutions/Services offered 227

15.2.8.2.1                Deals      229

15.2.9      MUNDYS              230

15.2.9.1  Business overview 230

15.2.9.2  Products/Solutions/Services offered 231

15.2.9.3  Recent developments           233

15.2.9.3.1                Product launches  233

15.2.10   VERRA MOBILITY             234

15.2.10.1                 Business overview 234

15.2.10.2                 Products/Solutions/Services offered 235

15.2.11   TOMTOM INTERNATIONAL BV 236

15.2.11.1                 Business overview 236

15.2.11.2                 Products/Solutions/Services offered 237

15.2.11.3                 Recent developments           238

15.2.11.3.1             Product launches  238

15.3         OTHER PLAYERS              239

15.3.1      SWARCO               239

15.3.2      ST ENGINEERING             240

15.3.3      ITERIS, INC.        241

15.3.4      Q-FREE 242

15.3.5      SERCO GROUP PLC         243

15.3.6      EFKON GMBH    244

15.3.7      LANNER ELECTRONICS 244

15.3.8      SENSYS GATSO GROUP AB           245

15.3.9      TAGMASTER      245

15.3.10   RICARDO             246

15.3.11   TRANSMAX PTY LTD.     247

15.3.12   DAKTRONICS, INC.          248

15.3.13   GEOTOLL            249

15.3.14   CELLINT               249

15.3.15   ALSTOM SA        250

15.3.16   CLEVER DEVICES LTD   251

15.3.17   ETA TRANSIT     252

15.3.18   FURUNO ELECTRIC CO., LTD     253

15.3.19   TRANSCORE       254

15.3.20   ADAPTIVE RECOGNITION INC   255

15.3.21   ECONOLITE       256

15.3.22   MIOVISION TECHNOLOGIES INCORPORATED   257

15.3.23   ELOVATE             258

16            APPENDIX           259

16.1         INSIGHTS FROM INDUSTRY EXPERTS     259

16.2         DISCUSSION GUIDE        259

16.3         KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL                262

16.4         CUSTOMIZATION OPTIONS        264

16.5         RELATED REPORTS         264

16.6         AUTHOR DETAILS           265

LIST OF TABLES

TABLE 1                INTELLIGENT TRANSPORTATION SYSTEM MARKET: RISK ASSESSMENT       43

TABLE 2                AVERAGE SELLING PRICE TREND OF THERMAL CAMERAS, BY REGION,

2021–2024 (USD)                58

TABLE 3                AVERAGE SELLING PRICE TREND OF VEHICLE DETECTION SENSORS, BY REGION, 2021–2024 (USD)       59

TABLE 4                AVERAGE SELLING PRICE OF THERMAL CAMERAS, BY KEY PLAYER, 2024 (USD)  60

TABLE 5                AVERAGE SELLING PRICE OF VEHICLE DETECTION SENSORS, BY KEY PLAYER, 2024 (USD)          60

TABLE 6                ROLE OF COMPANIES IN INFORMATION TRANSPORTATION SYSTEM ECOSYSTEM             63

TABLE 7                LIST OF MAJOR PATENTS, 2022–2023        67

TABLE 8                IMPORT DATA FOR HS CODE 8530-COMPLIANT PRODUCTS, BY COUNTRY,

2020–2024 (USD MILLION)            69

TABLE 9                EXPORT DATA FOR HS CODE 8530-COMPLIANT PRODUCTS, BY COUNTRY,

2020–2024 (USD MILLION)            70

TABLE 10              KEY CONFERENCES AND EVENTS, 2025–2026                 70

TABLE 11              MFN IMPORT TARIFFS FOR HS CODE 8530-COMPLIANT PRODUCTS,

BY COUNTRY, 2024           73

TABLE 12              NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS                 74

TABLE 13              EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS           74

TABLE 14              ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS                 75

TABLE 15              ROW: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS           76

TABLE 16              INTELLIGENT TRANSPORTATION SYSTEM MARKET: PORTER’S FIVE FORCES ANALYSIS       76

TABLE 17              INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE APPLICATIONS           78

TABLE 18              KEY BUYING CRITERIA FOR TOP THREE APPLICATIONS 79

TABLE 19              US-ADJUSTED RECIPROCAL TARIFF RATES                 81

TABLE 20              EXPECTED CHANGE IN PRICES AND IMPACT ON MODES DUE TO TARIFF                83

TABLE 21              INTELLIGENT TRANSPORTATION SYSTEM MARKET, BY MODE,

2021–2024 (USD MILLION)            91

TABLE 22              INTELLIGENT TRANSPORTATION SYSTEM MARKET, BY MODE,

2025–2030 (USD MILLION)            92

TABLE 23              INTELLIGENT TRANSPORTATION SYSTEM MARKET FOR ROADWAYS, BY SYSTEM TYPE, 2021–2024 (USD MILLION)            97

TABLE 24              INTELLIGENT TRANSPORTATION SYSTEM MARKET FOR ROADWAYS, BY SYSTEM TYPE, 2025–2030 (USD MILLION)            97

TABLE 25              INTELLIGENT TRANSPORTATION SYSTEM MARKET FOR ROADWAYS, BY REGION, 2021–2024 (USD MILLION)            97

TABLE 26              INTELLIGENT TRANSPORTATION SYSTEM MARKET FOR ROADWAYS, BY REGION, 2025–2030 (USD MILLION)            98

TABLE 27              ADVANCED TRAFFIC MANAGEMENT SYSTEMS: INTELLIGENT TRANSPORTATION SYSTEM MARKET FOR ROADWAYS, BY SYSTEM TYPE, 2021–2024 (USD MILLION)                 100

TABLE 28              ADVANCED TRAFFIC MANAGEMENT SYSTEMS: INTELLIGENT TRANSPORTATION SYSTEM MARKET FOR ROADWAYS, BY SYSTEM TYPE, 2025–2030 (USD MILLION)                 100

TABLE 29              ADVANCED TRAFFIC MANAGEMENT SYSTEMS: INTELLIGENT TRANSPORTATION SYSTEM MARKET FOR ROADWAYS, BY REGION, 2021–2024 (USD MILLION)         101

TABLE 30              ADVANCED TRAFFIC MANAGEMENT SYSTEMS: INTELLIGENT TRANSPORTATION SYSTEM MARKET FOR ROADWAYS, BY REGION, 2025–2030 (USD MILLION)         101

TABLE 31              ADVANCED TRAVELER INFORMATION SYSTEMS: INTELLIGENT TRANSPORTATION SYSTEM MARKET, BY SYSTEM TYPE, 2021–2024 (USD MILLION)       103

TABLE 32              ADVANCED TRAVELER INFORMATION SYSTEMS: INTELLIGENT TRANSPORTATION MARKET, BY SYSTEM TYPE, 2025–2030 (USD MILLION)              103

TABLE 33              ADVANCED TRAVELER INFORMATION SYSTEMS: INTELLIGENT TRANSPORTATION SYSTEM MARKET FOR ROADWAYS, BY REGION, 2021–2024 (USD MILLION)                 104

TABLE 34              ADVANCED TRAVELER INFORMATION SYSTEMS: INTELLIGENT TRANSPORTATION SYSTEM MARKET FOR ROADWAYS, BY REGION, 2025–2030 (USD MILLION)                 104

TABLE 35              TOLLING & PARKING MANAGEMENT SYSTEMS: INTELLIGENT TRANSPORTATION SYSTEM MARKET FOR ROADWAYS, BY REGION, 2021–2024 (USD MILLION)         105

TABLE 36              TOLLING & PARKING MANAGEMENT SYSTEMS: INTELLIGENT TRANSPORTATION SYSTEM MARKET FOR ROADWAYS, BY REGION, 2025–2030 (USD MILLION)         105

TABLE 37              SECURITY & SURVEILLANCE SYSTEMS: INTELLIGENT TRANSPORTATION SYSTEM MARKET FOR ROADWAYS, BY REGION, 2021–2024 (USD MILLION)         106

TABLE 38              SECURITY & SURVEILLANCE SYSTEMS: INTELLIGENT TRANSPORTATION SYSTEM MARKET FOR ROADWAYS, BY REGION, 2025–2030 (USD MILLION)         106

TABLE 39              INTELLIGENT TRANSPORTATION SYSTEM MARKET FOR ROADWAYS, BY OFFERING, 2021–2024 (USD MILLION)            106

TABLE 40              INTELLIGENT TRANSPORTATION SYSTEM MARKET FOR ROADWAYS, BY OFFERING, 2025–2030 (USD MILLION)            107

TABLE 41              HARDWARE: INTELLIGENT TRANSPORTATION SYSTEM MARKET FOR ROADWAYS, BY TYPE, 2021–2024 (USD MILLION)            108

TABLE 42              HARDWARE: INTELLIGENT TRANSPORTATION SYSTEM MARKET FOR ROADWAYS, BY TYPE, 2025–2030 (USD MILLION)            108

TABLE 43              INTERFACE BOARDS: INTELLIGENT TRANSPORTATION SYSTEM MARKET FOR ROADWAYS, BY TYPE, 2021–2024 (USD MILLION)            108

TABLE 44              INTERFACE BOARDS: INTELLIGENT TRANSPORTATION SYSTEM MARKET FOR ROADWAYS, BY TYPE, 2025–2030 (USD MILLION)            109

TABLE 45              SENSORS: INTELLIGENT TRANSPORTATION SYSTEM MARKET FOR ROADWAYS,

BY TYPE, 2021–2024 (USD MILLION)         109

TABLE 46              SENSORS: INTELLIGENT TRANSPORTATION SYSTEM MARKET FOR ROADWAYS,

BY TYPE, 2025–2030 (USD MILLION)         109

TABLE 47              SURVEILLANCE CAMERAS: INTELLIGENT TRANSPORTATION SYSTEM MARKET FOR ROADWAYS, BY TYPE, 2021–2024 (USD MILLION)            109

TABLE 48              SURVEILLANCE CAMERAS: INTELLIGENT TRANSPORTATION SYSTEM MARKET FOR ROADWAYS, BY TYPE, 2025–2030 (USD MILLION)            110

TABLE 49              TELECOMMUNICATION NETWORKS: INTELLIGENT TRANSPORTATION SYSTEM MARKET FOR ROADWAYS, BY TYPE, 2021–2024 (USD MILLION)               110

TABLE 50              TELECOMMUNICATION NETWORKS: INTELLIGENT TRANSPORTATION SYSTEM MARKET FOR ROADWAYS, BY TYPE, 2025–2030 (USD MILLION)               110

TABLE 51              INTELLIGENT TRANSPORTATION SYSTEM MARKET FOR RAILWAYS, BY SYSTEM TYPE, 2021–2024 (USD MILLION)            114

TABLE 52              INTELLIGENT TRANSPORTATION SYSTEM MARKET FOR RAILWAYS, BY SYSTEM TYPE, 2025–2030 (USD MILLION)            114

TABLE 53              INTELLIGENT TRANSPORTATION SYSTEM MARKET FOR RAILWAYS, BY REGION, 2021–2024 (USD MILLION)                 114

TABLE 54              INTELLIGENT TRANSPORTATION SYSTEM MARKET FOR RAILWAYS, BY REGION, 2025–2030 (USD MILLION)                 115

TABLE 55              RAIL OPERATION SYSTEMS: INTELLIGENT TRANSPORTATION SYSTEM MARKET FOR RAILWAYS, BY SYSTEM TYPE, 2021–2024 (USD MILLION)              117

TABLE 56              RAIL OPERATION SYSTEMS: INTELLIGENT TRANSPORTATION SYSTEM MARKET FOR RAILWAYS, BY SYSTEM TYPE, 2025–2030 (USD MILLION)              117

TABLE 57              RAIL OPERATION SYSTEMS: INTELLIGENT TRANSPORTATION SYSTEM MARKET FOR RAILWAYS, BY REGION, 2021–2024 (USD MILLION)          117

TABLE 58              RAIL OPERATION SYSTEMS: INTELLIGENT TRANSPORTATION SYSTEM MARKET FOR RAILWAYS, BY REGION, 2025–2030 (USD MILLION)          117

TABLE 59              PASSENGER INFORMATION SYSTEMS: INTELLIGENT TRANSPORTATION SYSTEM MARKET FOR RAILWAYS, BY REGION, 2021–2024 (USD MILLION)            118

TABLE 60              PASSENGER INFORMATION SYSTEMS: INTELLIGENT TRANSPORTATION SYSTEM MARKET FOR RAILWAYS, BY REGION, 2025–2030 (USD MILLION)            118

TABLE 61              SMART TICKETING SYSTEMS: INTELLIGENT TRANSPORTATION SYSTEM MARKET FOR RAILWAYS, BY REGION, 2021–2024 (USD MILLION)          119

TABLE 62              SMART TICKETING SYSTEMS: INTELLIGENT TRANSPORTATION SYSTEM MARKET FOR RAILWAYS, BY REGION, 2025–2030 (USD MILLION)          119

TABLE 63              OTHER RAILWAYS SYSTEM TYPES: INTELLIGENT TRANSPORTATION SYSTEM MARKET FOR RAILWAYS, BY REGION, 2021–2024 (USD MILLION)            120

TABLE 64              OTHER RAILWAYS SYSTEM TYPES: INTELLIGENT TRANSPORTATION SYSTEM MARKET FOR RAILWAYS, BY REGION, 2025–2030 (USD MILLION)            120

TABLE 65              INTELLIGENT TRANSPORTATION SYSTEM MARKET FOR RAILWAYS, BY OFFERING, 2021–2024 (USD MILLION)            122

TABLE 66              INTELLIGENT TRANSPORTATION SYSTEM MARKET FOR RAILWAYS, BY OFFERING, 2025–2030 (USD MILLION)            122

TABLE 67              INTELLIGENT TRANSPORTATION SYSTEM MARKET FOR AIRWAYS, BY SYSTEM TYPE, 2021–2024 (USD MILLION)            124

TABLE 68              INTELLIGENT TRANSPORTATION SYSTEM MARKET FOR AIRWAYS, BY SYSTEM TYPE, 2025–2030 (USD MILLION)            125

TABLE 69              INTELLIGENT TRANSPORTATION SYSTEM MARKET FOR AIRWAYS, BY REGION, 2021–2024 (USD MILLION)                 125

TABLE 70              INTELLIGENT TRANSPORTATION SYSTEM MARKET FOR AIRWAYS, BY REGION, 2025–2030 (USD MILLION)                 125

TABLE 71              AIRCRAFT MANAGEMENT SYSTEMS: INTELLIGENT TRANSPORTATION SYSTEM MARKET FOR AIRWAYS, BY REGION, 2021–2024 (USD MILLION)               127

TABLE 72              AIRCRAFT MANAGEMENT SYSTEMS: INTELLIGENT TRANSPORTATION SYSTEM MARKET FOR AIRWAYS, BY REGION, 2025–2030 (USD MILLION)               127

TABLE 73              SECURITY & SURVEILLANCE SYSTEMS: INTELLIGENT TRANSPORTATION SYSTEM MARKET FOR AIRWAYS, BY REGION, 2021–2024 (USD MILLION)               128

TABLE 74              SECURITY & SURVEILLANCE SYSTEMS: INTELLIGENT TRANSPORTATION SYSTEM MARKET FOR AIRWAYS, BY REGION, 2025–2030 (USD MILLION)               128

TABLE 75              SMART TICKETING SYSTEMS: INTELLIGENT TRANSPORTATION SYSTEM MARKET FOR AIRWAYS, BY REGION, 2021–2024 (USD MILLION)            129

TABLE 76              SMART TICKETING SYSTEMS: INTELLIGENT TRANSPORTATION SYSTEM MARKET FOR AIRWAYS, BY REGION, 2025–2030 (USD MILLION)            129

TABLE 77              INFORMATION MANAGEMENT SYSTEMS: INTELLIGENT TRANSPORTATION SYSTEM MARKET FOR AIRWAYS, BY REGION, 2021–2024 (USD MILLION)               130

TABLE 78              INFORMATION MANAGEMENT SYSTEMS: INTELLIGENT TRANSPORTATION SYSTEM MARKET FOR AIRWAYS, BY REGION, 2025–2030 (USD MILLION)               130

TABLE 79              INTELLIGENT TRANSPORTATION SYSTEM MARKET FOR AIRWAYS, BY OFFERING, 2021–2024 (USD MILLION)            132

TABLE 80              INTELLIGENT TRANSPORTATION SYSTEM MARKET FOR AIRWAYS, BY OFFERING, 2025–2030 (USD MILLION)            132

TABLE 81              INTELLIGENT TRANSPORTATION SYSTEM MARKET FOR MARITIME, BY SYSTEM TYPE, 2021–2024 (USD MILLION)            134

TABLE 82              INTELLIGENT TRANSPORTATION SYSTEM MARKET FOR MARITIME, BY SYSTEM TYPE, 2025–2030 (USD MILLION)            135

TABLE 83              INTELLIGENT TRANSPORTATION SYSTEM MARKET FOR MARITIME, BY REGION, 2021–2024 (USD MILLION)                 135

TABLE 84              INTELLIGENT TRANSPORTATION SYSTEM MARKET FOR MARITIME, BY REGION 2025–2030 (USD MILLION)                 135

TABLE 85              AUTOMATIC IDENTIFICATION SYSTEMS: INTELLIGENT TRANSPORTATION SYSTEM MARKET FOR MARITIME, BY REGION, 2021–2024 (USD MILLION)            136

TABLE 86              AUTOMATIC IDENTIFICATION SYSTEMS: INTELLIGENT TRANSPORTATION SYSTEM MARKET FOR MARITIME, BY REGION, 2025–2030 (USD MILLION)            136

TABLE 87              VESSEL TRAFFIC MANAGEMENT SYSTEMS: INTELLIGENT TRANSPORTATION SYSTEM MARKET FOR MARITIME, BY REGION, 2021–2024 (USD MILLION)            137

TABLE 88              VESSEL TRAFFIC MANAGEMENT SYSTEMS: INTELLIGENT TRANSPORTATION SYSTEM MARKET FOR MARITIME, BY REGION 2025–2030 (USD MILLION)             137

TABLE 89              INFORMATION SYSTEMS: INTELLIGENT TRANSPORTATION SYSTEM MARKET FOR MARITIME, BY REGION, 2021–2024 (USD MILLION)          138

TABLE 90              INFORMATION SYSTEMS: INTELLIGENT TRANSPORTATION SYSTEM MARKET FOR MARITIME, BY REGION 2025–2030 (USD MILLION)           138

TABLE 91              OTHER MARITIME SYSTEM TYPES: INTELLIGENT TRANSPORTATION SYSTEM MARKET FOR MARITIME, BY REGION, 2021–2024 (USD MILLION)            139

TABLE 92              OTHER MARITIME SYSTEM TYPES: INTELLIGENT TRANSPORTATION SYSTEM MARKET FOR MARITIME, BY REGION 2025–2030 (USD MILLION)             139

TABLE 93              INTELLIGENT TRANSPORTATION SYSTEM MARKET FOR MARITIME, BY OFFERING, 2021–2024 (USD MILLION)            141

TABLE 94              INTELLIGENT TRANSPORTATION SYSTEM MARKET FOR MARITIME, BY OFFERING, 2025–2030 (USD MILLION)            141

TABLE 95              INTELLIGENT TRANSPORTATION SYSTEM MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            144

TABLE 96              INTELLIGENT TRANSPORTATION SYSTEM MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            144

TABLE 97              INTELLIGENT TRANSPORT SYSTEM MARKET, BY REGION,

2021–2024 (USD MILLION)            148

TABLE 98              INTELLIGENT TRANSPORT SYSTEM MARKET, BY REGION,

2025–2030 (USD MILLION)            148

TABLE 99              NORTH AMERICA: INTELLIGENT TRANSPORTATION SYSTEM MARKET, BY MODE, 2021–2024 (USD MILLION)            150

TABLE 100            NORTH AMERICA: INTELLIGENT TRANSPORTATION SYSTEM MARKET, BY MODE, 2025–2030 (USD MILLION)            151

TABLE 101            NORTH AMERICA: INTELLIGENT TRANSPORTATION SYSTEM MARKET FOR ROADWAYS, BY SYSTEM TYPE, 2021–2024 (USD MILLION)              151

TABLE 102            NORTH AMERICA: INTELLIGENT TRANSPORTATION SYSTEM MARKET FOR ROADWAYS, BY SYSTEM TYPE, 2025–2030 (USD MILLION)              151

TABLE 103            NORTH AMERICA: INTELLIGENT TRANSPORTATION SYSTEM MARKET FOR RAILWAYS, BY SYSTEM TYPE, 2021–2024 (USD MILLION)              152

TABLE 104            NORTH AMERICA: INTELLIGENT TRANSPORTATION SYSTEM MARKET FOR RAILWAYS, BY SYSTEM TYPE, 2025–2030 (USD MILLION)              152

TABLE 105            NORTH AMERICA: INTELLIGENT TRANSPORTATION SYSTEM MARKET FOR AIRWAYS, BY SYSTEM TYPE, 2021–2024 (USD MILLION)                152

TABLE 106            NORTH AMERICA: INTELLIGENT TRANSPORTATION SYSTEM MARKET FOR AIRWAYS, BY SYSTEM TYPE, 2025–2030 (USD MILLION)                153

TABLE 107            NORTH AMERICA: INTELLIGENT TRANSPORTATION SYSTEM MARKET FOR MARITIME, BY SYSTEM TYPE, 2021–2024 (USD MILLION)              153

TABLE 108            NORTH AMERICA: INTELLIGENT TRANSPORTATION SYSTEM MARKET FOR MARITIME, BY SYSTEM TYPE, 2025–2030 (USD MILLION)              153

TABLE 109            NORTH AMERICA: INTELLIGENT TRANSPORTATION SYSTEM MARKET, BY COUNTRY, 2021–2024 (USD MILLION) 154

TABLE 110            NORTH AMERICA: INTELLIGENT TRANSPORTATION SYSTEM MARKET, BY COUNTRY, 2025–2030 (USD MILLION) 154

TABLE 111            EUROPE: INTELLIGENT TRANSPORTATION SYSTEM MARKET, BY MODE,

2021–2024 (USD MILLION)            157

TABLE 112            EUROPE: INTELLIGENT TRANSPORTATION SYSTEM MARKET, BY MODE,

2025–2030 (USD MILLION)            157

TABLE 113            EUROPE: INTELLIGENT TRANSPORTATION SYSTEM MARKET FOR ROADWAYS,

BY SYSTEM TYPE, 2021–2024 (USD MILLION)       157

TABLE 114            EUROPE: INTELLIGENT TRANSPORTATION SYSTEM MARKET FOR ROADWAYS,

BY SYSTEM TYPE, 2025–2030 (USD MILLION)       158

TABLE 115            EUROPE: INTELLIGENT TRANSPORTATION SYSTEM MARKET FOR RAILWAYS,

BY SYSTEM TYPE, 2021–2024 (USD MILLION)       158

TABLE 116            EUROPE: INTELLIGENT TRANSPORTATION SYSTEM MARKET FOR RAILWAYS,

BY SYSTEM TYPE, 2025–2030 (USD MILLION)       158

TABLE 117            EUROPE: INTELLIGENT TRANSPORTATION SYSTEM MARKET FOR AIRWAYS,

BY SYSTEM TYPE, 2021–2024 (USD MILLION)       159

TABLE 118            EUROPE: INTELLIGENT TRANSPORTATION SYSTEM MARKET FOR AIRWAYS,

BY SYSTEM TYPE, 2025–2030 (USD MILLION)       159

TABLE 119            EUROPE: INTELLIGENT TRANSPORTATION SYSTEM MARKET FOR MARITIME,

BY SYSTEM TYPE, 2021–2024 (USD MILLION)       159

TABLE 120            EUROPE: INTELLIGENT TRANSPORTATION SYSTEM MARKET FOR MARITIME,

BY SYSTEM TYPE, 2025–2030 (USD MILLION)       160

TABLE 121            EUROPE: INTELLIGENT TRANSPORTATION SYSTEM MARKET, BY COUNTRY,

2021–2024 (USD MILLION)            160

TABLE 122            EUROPE: INTELLIGENT TRANSPORTATION SYSTEM MARKET, BY COUNTRY,

2025–2030 (USD MILLION)            161

TABLE 123            ASIA PACIFIC: INTELLIGENT TRANSPORTATION SYSTEM MARKET, BY MODE,

2021–2024 (USD MILLION)            165

TABLE 124            ASIA PACIFIC: INTELLIGENT TRANSPORTATION SYSTEM MARKET, BY MODE,

2025–2030 (USD MILLION)            166

TABLE 125            ASIA PACIFIC: INTELLIGENT TRANSPORTATION SYSTEM MARKET FOR ROADWAYS, BY SYSTEM TYPE, 2021–2024 (USD MILLION)              166

TABLE 126            ASIA PACIFIC: INTELLIGENT TRANSPORTATION SYSTEM MARKET FOR ROADWAYS, BY SYSTEM TYPE, 2025–2030 (USD MILLION)              166

TABLE 127            ASIA PACIFIC: INTELLIGENT TRANSPORTATION SYSTEM MARKET FOR RAILWAYS, BY SYSTEM TYPE, 2021–2024 (USD MILLION)              167

TABLE 128            ASIA PACIFIC: INTELLIGENT TRANSPORTATION SYSTEM MARKET FOR RAILWAYS, BY SYSTEM TYPE, 2025–2030 (USD MILLION)              167

TABLE 129            ASIA PACIFIC: INTELLIGENT TRANSPORTATION SYSTEM MARKET FOR AIRWAYS,

BY SYSTEM TYPE, 2021–2024 (USD MILLION)       167

TABLE 130            ASIA PACIFIC: INTELLIGENT TRANSPORTATION SYSTEM MARKET FOR AIRWAYS,

BY SYSTEM TYPE, 2025–2030 (USD MILLION)       168

TABLE 131            ASIA PACIFIC: INTELLIGENT TRANSPORTATION SYSTEM MARKET FOR MARITIME, BY SYSTEM TYPE, 2021–2024 (USD MILLION)              168

TABLE 132            ASIA PACIFIC: INTELLIGENT TRANSPORTATION SYSTEM MARKET FOR MARITIME, BY SYSTEM TYPE, 2025–2030 (USD MILLION)              168

TABLE 133            ASIA PACIFIC: INTELLIGENT TRANSPORTATION SYSTEM MARKET, BY COUNTRY, 2021–2024 (USD MILLION) 169

TABLE 134            ASIA PACIFIC: INTELLIGENT TRANSPORTATION SYSTEM MARKET, BY COUNTRY, 2025–2030 (USD MILLION) 169

TABLE 135            ROW: INTELLIGENT TRANSPORTATION SYSTEM MARKET, BY MODE,

2021–2024 (USD MILLION)            172

TABLE 136            ROW: INTELLIGENT TRANSPORTATION SYSTEM MARKET, BY MODE,

2025–2030 (USD MILLION)            172

TABLE 137            ROW: INTELLIGENT TRANSPORTATION SYSTEM MARKET FOR ROADWAYS,

BY SYSTEM TYPE, 2021–2024 (USD MILLION)       172

TABLE 138            ROW: INTELLIGENT TRANSPORTATION SYSTEM MARKET FOR ROADWAYS,

BY SYSTEM TYPE, 2025–2030 (USD MILLION)     173

TABLE 139            ROW: INTELLIGENT TRANSPORTATION SYSTEM MARKET FOR RAILWAYS,

BY SYSTEM TYPE, 2021–2024 (USD MILLION)       173

TABLE 140            ROW: INTELLIGENT TRANSPORTATION SYSTEM MARKET FOR RAILWAYS,

BY SYSTEM TYPE, 2025–2030 (USD MILLION)       173

TABLE 141            ROW: INTELLIGENT TRANSPORTATION SYSTEM MARKET FOR AIRWAYS,

BY SYSTEM TYPE, 2021–2024 (USD MILLION)       174

TABLE 142            ROW: INTELLIGENT TRANSPORTATION SYSTEM MARKET FOR AIRWAYS,

BY SYSTEM TYPE, 2025–2030 (USD MILLION)       174

TABLE 143            ROW: INTELLIGENT TRANSPORTATION SYSTEM MARKET FOR MARITIME,

BY SYSTEM TYPE, 2021–2024 (USD MILLION)       174

TABLE 144            ROW: INTELLIGENT TRANSPORTATION SYSTEM MARKET FOR MARITIME,

BY SYSTEM TYPE, 2025–2030 (USD MILLION)       175

TABLE 145            ROW: INTELLIGENT TRANSPORTATION SYSTEM MARKET, BY REGION,

2021–2024 (USD MILLION)            175

TABLE 146            ROW: INTELLIGENT TRANSPORTATION SYSTEM MARKET, BY REGION,

2025–2030 (USD MILLION)            175

TABLE 147            MIDDLE EAST: INTELLIGENT TRANSPORTATION SYSTEM MARKET, BY REGION, 2021–2024 (USD MILLION) 176

TABLE 148            MIDDLE EAST: INTELLIGENT TRANSPORTATION SYSTEM MARKET, BY REGION, 2025–2030 (USD MILLION) 176

TABLE 149            INTELLIGENT TRANSPORTATION SYSTEM MARKET: OVERVIEW OF STRATEGIES ADOPTED BY KEY PLAYERS, 2020–2025         178

TABLE 150            INTELLIGENT TRANSPORTATION SYSTEM MARKET: MARKET SHARE ANALYSIS OF TOP FIVE PLAYERS, 2024                 179

TABLE 151            INTELLIGENT TRANSPORTATION SYSTEM MARKET: REGION FOOTPRINT 187

TABLE 152            INTELLIGENT TRANSPORTATION SYSTEM MARKET: MODE FOOTPRINT     188

TABLE 153            INTELLIGENT TRANSPORTATION SYSTEM MARKET: OFFERING FOOTPRINT             189

TABLE 154            INTELLIGENT TRANSPORTATION SYSTEM MARKET: APPLICATION FOOTPRINT     191

TABLE 155            INTELLIGENT TRANSPORTATION SYSTEM MARKET: DETAILED LIST KEY OF STARTUPS/SMES         194

TABLE 156            INTELLIGENT TRANSPORTATION SYSTEM MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES              194

TABLE 157            INTELLIGENT TRANSPORTATION SYSTEM MARKET: PRODUCT LAUNCHES, JUNE 2021–JULY 2025    195

TABLE 158            INTELLIGENT TRANSPORTATION SYSTEM MARKET: DEALS,

JUNE 2021–JULY 2025       196

TABLE 159            SIEMENS: COMPANY OVERVIEW               198

TABLE 160            SIEMENS: PRODUCTS/SOLUTIONS/SERVICES OFFERED             199

TABLE 161            SIEMENS: DEVELOPMENTS         199

TABLE 162            HITACHI, LTD.: COMPANY OVERVIEW   201

TABLE 163            HITACHI, LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED    202

TABLE 164            HITACHI, LTD.: PRODUCT LAUNCHES   203

TABLE 165            HITACHI, LTD.: DEALS  203

TABLE 166            HITACHI, LTD.: OTHER DEVELOPMENTS                 204

TABLE 167            CUBIC CORPORATION: COMPANY OVERVIEW                 205

TABLE 168            CUBIC CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED    205

TABLE 169            CUBIC CORPORATION: PRODUCT LAUNCHES                 207

TABLE 170            CUBIC CORPORATION: DEALS  207

TABLE 171            CUBIC CORPORATION: EXPANSIONS     208

TABLE 172            CONDUENT INCORPORATED: COMPANY OVERVIEW          209

TABLE 173            CONDUENT INCORPORATED: PRODUCTS/SOLUTIONS/SERVICES OFFERED    210

TABLE 174            CONDUENT INCORPORATED: PRODUCT LAUNCHES          212

TABLE 175            CONDUENT INCORPORATED: OTHER DEVELOPMENTS              212

TABLE 176            KAPSCH TRAFFICCOM AG: COMPANY OVERVIEW          214

TABLE 177            KAPSCH TRAFFICCOM AG: PRODUCTS/SOLUTIONS/SERVICES OFFERED    216

TABLE 178            KAPSCH TRAFFICCOM AG: PRODUCT LAUNCHES          217

TABLE 179            KAPSCH TRAFFICCOM AG: OTHER DEVELOPMENTS              217

TABLE 180            THALES: COMPANY OVERVIEW 219

TABLE 181            THALES: PRODUCTS/SOLUTIONS/SERVICES OFFERED             220

TABLE 182            THALES: PRODUCT LAUNCHES 221

TABLE 183            TELEDYNE TECHNOLOGIES INCORPORATED: COMPANY OVERVIEW   222

TABLE 184            TELEDYNE TECHNOLOGIES INCORPORATED: PRODUCTS/SOLUTIONS/SERVICES OFFERED    224

TABLE 185            TELEDYNE TECHNOLOGIES INCORPORATED: PRODUCT LAUNCHES   225

TABLE 186            TELEDYNE TECHNOLOGIES INCORPORATED: DEALS  225

TABLE 187            INDRA SISTEMAS, S.A.: COMPANY OVERVIEW                 226

TABLE 188            INDRA SISTEMAS, S.A.: PRODUCTS/SOLUTIONS/SERVICES OFFERED    227

TABLE 189            INDRA SISTEMAS, S.A.: DEALS    229

TABLE 190            MUNDYS: COMPANY OVERVIEW               230

TABLE 191            MUNDYS: PRODUCTS/SOLUTIONS/SERVICES OFFERED             231

TABLE 192            MUNDYS: PRODUCT LAUNCHES               233

TABLE 193            VERRA MOBILITY: COMPANY OVERVIEW                 234

TABLE 194            VERRA MOBILITY: PRODUCTS/SOLUTIONS/SERVICES OFFERED    235

TABLE 195            TOMTOM INTERNATIONAL BV: COMPANY OVERVIEW          236

TABLE 196            TOMTOM INTERNATIONAL BV: PRODUCTS/SOLUTIONS/SERVICES OFFERED    237

TABLE 197            TOMTOM INTERNATIONAL BV: PRODUCT LAUNCHES          238

LIST OF FIGURES

FIGURE 1              INTELLIGENT TRANSPORTATION SYSTEM MARKET AND REGIONAL SEGMENTATION          27

FIGURE 2              INTELLIGENT TRANSPORTATION SYSTEM MARKET: RESEARCH DESIGN     32

FIGURE 3              INTELLIGENT TRANSPORTATION SYSTEM MARKET: BOTTOM-UP APPROACH          38

FIGURE 4              INTELLIGENT TRANSPORTATION SYSTEM MARKET: TOP-DOWN APPROACH            39

FIGURE 5              INTELLIGENT TRANSPORTATION SYSTEM MARKET SIZE ESTIMATION METHODOLOGY (DEMAND SIDE)                 40

FIGURE 6              INTELLIGENT TRANSPORTATION SYSTEM MARKET SIZE ESTIMATION METHODOLOGY (SUPPLY SIDE)                 41

FIGURE 7              DATA TRIANGULATION                42

FIGURE 8              INTELLIGENT TRANSPORTATION SYSTEM MARKET: RESEARCH ASSUMPTIONS       43

FIGURE 9              INTELLIGENT TRANSPORTATION SYSTEM MARKET, 2021–2030          44

FIGURE 10            ROADWAYS SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE IN 2025             45

FIGURE 11            TRAFFIC MANAGEMENT SEGMENT TO LEAD MARKET IN 2025                45

FIGURE 12            ASIA PACIFIC TO BE FASTEST-GROWING MARKET DURING FORECAST PERIOD    46

FIGURE 13            RISING DEMAND FOR SMART INFRASTRUCTURE AND ENHANCED SAFETY SOLUTIONS TO DRIVE MARKET GROWTH            47

FIGURE 14            ROADWAYS SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE IN 2030             48

FIGURE 15            INFORMATION MANAGEMENT SYSTEM TO DOMINATE MARKET IN 2030       48

FIGURE 16            NORTH AMERICA TO ACCOUNT FOR LARGEST MARKET SHARE IN 2030 49

FIGURE 17            INDIA TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD         49

FIGURE 18            INTELLIGENT TRANSPORTATION SYSTEM MARKET DYNAMICS       50

FIGURE 19            IMPACT ANALYSIS OF DRIVERS ON INTELLIGENT TRANSPORTATION SYSTEM MARKET       53

FIGURE 20            IMPACT ANALYSIS OF RESTRAINTS ON INTELLIGENT TRANSPORTATION SYSTEM MARKET       54

FIGURE 21            IMPACT ANALYSIS OF OPPORTUNITIES ON INTELLIGENT TRANSPORTATION SYSTEM MARKET       55

FIGURE 22            IMPACT ANALYSIS OF CHALLENGES ON INTELLIGENT TRANSPORTATION SYSTEM MARKET       56

FIGURE 23            TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS   57

FIGURE 24            AVERAGE SELLING PRICE TREND OF THERMAL CAMERAS, BY REGION, 2021–2024               58

FIGURE 25            AVERAGE SELLING PRICE TREND OF VEHICLE DETECTION SENSORS, BY REGION, 2021–2024     58

FIGURE 26            AVERAGE SELLING PRICE OF THERMAL CAMERAS, BY KEY PLAYER, 2024                 59

FIGURE 27            AVERAGE SELLING PRICE OF VEHICLE DETECTION SENSORS,

BY KEY PLAYER, 2024      60

FIGURE 28            INFORMATION TRANSPORTATION SYSTEM MARKET: VALUE CHAIN ANALYSIS           61

FIGURE 29            ECOSYSTEM ANALYSIS  63

FIGURE 30            PATENTS APPLIED AND GRANTED, 2015–2024                 66

FIGURE 31            IMPORT DATA FOR HS CODE 8530 -COMPLIANT PRODUCTS, BY COUNTRY,

2020–2024              68

FIGURE 32            EXPORT DATA FOR HS CODE 8530-COMPLIANT PRODUCTS, BY COUNTRY,

2020–2024 (USD MILLION)            69

FIGURE 33            INVESTMENT AND FUNDING SCENARIO, 2021–2024        73

FIGURE 34            INTELLIGENT TRANSPORTATION SYSTEM MARKET: PORTER’S FIVE FORCES ANALYSIS       77

FIGURE 35            INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE APPLICATIONS           78

FIGURE 36            KEY BUYING CRITERIA FOR TOP THREE APPLICATIONS 79

FIGURE 37            IMPACT OF AI/GEN AI ON INTELLIGENT TRANSPORTATION SYSTEM MARKET     80

FIGURE 38            AIRWAYS SEGMENT TO EXPAND AT HIGHEST CAGR DURING FORECAST PERIOD          91

FIGURE 39            TOLLING & PARKING MANAGEMENT SYSTEMS SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD                96

FIGURE 40            PASSENGER INFORMATION SYSTEMS SEGMENT TO EXHIBIT HIGHEST CAGR DURING FORECAST PERIOD                 113

FIGURE 41            INFORMATION MANAGEMENT SYSTEMS SEGMENT TO EXHIBIT HIGHEST CAGR DURING FORECAST PERIOD                124

FIGURE 42            AUTOMATIC IDENTIFICATION SYSTEMS SEGMENT TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD                134

FIGURE 43            INFORMATION MANAGEMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD      143

FIGURE 44            ASIA PACIFIC TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD       148

FIGURE 45            NORTH AMERICA: INTELLIGENT TRANSPORTATION SYSTEM MARKET SNAPSHOT             150

FIGURE 46            EUROPE: INTELLIGENT TRANSPORTATION SYSTEM MARKET SNAPSHOT     156

FIGURE 47            ASIA PACIFIC: INTELLIGENT TRANSPORTATION SYSTEM MARKET SNAPSHOT             165

FIGURE 48            INTELLIGENT TRANSPORTATION SYSTEM MARKET SHARE ANALYSIS, 2024                 179

FIGURE 49            INTELLIGENT TRANSPORTATION SYSTEM MARKET: REVENUE ANALYSIS

OF KEY PLAYERS, 2020–2024         181

FIGURE 50            COMPANY VALUATION (USD BILLION) 182

FIGURE 51            FINANCIAL METRICS      182

FIGURE 52            INTELLIGENT TRANSPORTATION SYSTEM MARKET: BRAND/PRODUCT COMPARISON         183

FIGURE 53            INTELLIGENT TRANSPORTATION SYSTEM MARKET: COMPANY

EVALUATION MATRIX (KEY PLAYERS), 2024         185

FIGURE 54            INTELLIGENT TRANSPORTATION SYSTEM MARKET: COMPANY FOOTPRINT             186

FIGURE 55            INTELLIGENT TRANSPORTATION SYSTEM MARKET: COMPANY

EVALUATION MATRIX (STARTUPS/SMES), 2024 193

FIGURE 56            SIEMENS: COMPANY SNAPSHOT               198

FIGURE 57            HITACHI, LTD.: COMPANY SNAPSHOT  202

FIGURE 58            CONDUENT INCORPORATED: COMPANY SNAPSHOT          210

FIGURE 59            KAPSCH TRAFFICCOM AG: COMPANY SNAPSHOT          215

FIGURE 60            THALES: COMPANY SNAPSHOT 220

FIGURE 61            TELEDYNE TECHNOLOGIES INCORPORATED: COMPANY SNAPSHOT   223

FIGURE 62            INDRA SISTEMAS, S.A.: COMPANY SNAPSHOT                 227

FIGURE 63            MUNDYS: COMPANY SNAPSHOT               231

FIGURE 64            VERRA MOBILITY: COMPANY SNAPSHOT                 234

FIGURE 65            TOMTOM INTERNATIONAL BV: COMPANY SNAPSHOT          237