This report evaluates the smart transportation market by technology and solutions with segmentation by business model, transportation mode, and vehicle types from 2025 to 2030. The report assesses global, regional, and country-specific market opportunities.
The report also evaluates key market opportunities for integration along with associated solutions and services by smart transportation function. The leading smart transportation technologies covered in the report include Automatic Vehicle Location Systems, Traveler Information Systems, Electronic Payment Systems, and Intelligent Vehicle Initiative Systems.
Select Report Findings:
The overall global smart transportation market will reach $264 billion by 2030
Europe and North America will be leading markets at $89.6 billion and $84.3 billion
Integrated supervision systems in North America will be a $17.7 billion opportunity by 2030
Germany will be the leading country in the European market, reaching $25.1 billion by 2030
Roadways, air and railways will be leading modalities across all regional markets through 2030
Smart water transportation for terminals, conveyance and vessels will be the fastest growing modality
Leading smart transportation technologies include Automatic Vehicle Location System, Traveler Information System, Electronic Payment System, Intelligent Vehicle Initiative System
Smart Transportation Market Dynamics:
Smart transportation represents a systematic means to resolve, or at least minimize, traffic problems and overall congestion in cities and main travel arteries for consumer and business-oriented traffic. Often challenges facing smart transportation systems come from the emergence of technologies in operational management, such as automation, sharing, and electrification.
A key area for smart transportation, urban areas are revolutionizing mobility and emergency response through smart transportation and intelligent traffic management. By employing technologies ranging from basic navigation and signal control to advanced systems that analyze real-time data, they're reducing congestion and enhancing safety. The rise of Intelligent Transportation Systems (ITS) and the Internet of Things (IoT) is driving this transformation, making urban travel more efficient, cost-effective, and secure.
Optimized smart transportation solutions integrate information and communication technologies across all transportation modes (road, air, sea, rail) to optimize infrastructure, vehicles, and user experiences. This integration of systems like real-time traffic updates, automated fare collection, and vehicle location tracking aims to alleviate congestion and improve mobility.
The global smart transportation market is projected to reach $264 billion by 2030, driven by advancements in automation, electrification, and sharing platforms. The evolution of ITS, powered by IoT, AI, and 5G, is ushering in a new era of efficient and safe transportation. Furthermore, the aforementioned integration requirements create many opportunities across a wide spectrum of technologies, solutions and service providers.
Table of Contents
1.0. Executive Summary
2.0. Introduction
2.1. Evolution of Smart Transportation
2.2. Smart Transportation Benefits
2.3. Smart Transportation Functionality
2.4. Improvements Required for Smart Transportation System
2.5. Value Proposition of the Smart Transportation
2.6. The Critical Role of IoT in Transportation
2.7. Smart Transportation Components
3.0. Smart Transportation Market Dynamics
3.1. Smart Transportation Drivers
3.1.1. Favorable Government Initiatives
3.1.2. Adoption of IoT and Automation Technologies to improve technological optimization
3.1.3. Increase in Urbanization, Increasing Mega Cities, and Population
3.2. Smart Transportation Challenges
3.2.1. Lack of Standards and Interoperability
3.2.2. High Costs
4.0. Smart Transportation Case Studies
4.1. Traffic Management in Dallas, Texas
4.2. Railway Management in Germany
4.3. Sri Lanka Case Study
4.4. Upgradation of Traffic Management System
4.5. Florida Department of Transportation Case study
4.6. Kentkart Case Study
4.7. Pennsylvania Turnpike Commission Case Study
4.8. Road Modality and Occupancy Detection in Dordrecht Smart City
5.0. Global Smart Transportation Market Analysis and Forecasts 2025-2030
5.1. Global Smart Transportation Market by Technology 2025-2030
5.1.1. Automatic Vehicle Location System
5.1.2. Traveler Information System
5.1.3. Electronic Payment System
5.1.4. Intelligent Vehicle Initiative System
5.2. Smart Transportation Market by Solution Type 2022-2030
5.2.1. Traffic Management System
5.2.2. Integrated Supervision System
5.2.3. Parking Management System
5.2.4. Ticketing Management System
5.3. Smart Transportation Market by Transport Conveyance 2025-2030
5.3.1. Roadways
5.3.2. Railways
5.3.3. Air
5.3.4. Water
5.4. Smart Transportation Market by Business Model 2025-2030
5.4.1. Private
5.4.2. Public
5.4.3. Shared
5.5. Smart Transportation Market by Vehicle Type 2025-2030
5.5.1. Cars
5.5.2. Trucks
5.5.3. Ships
5.5.4. Planes
5.5.5. Railways
5.5.6. Drones
6.0. Regional Markets for Smart Transportation 2025-2030
6.1. North American Smart Transportation Market
6.1.1. North America Smart Transportation Market by Technology
6.1.2. North America Smart Transportation Market by Solution Type
6.1.3. North America Smart Transportation Market by Transport Conveyance
6.1.4. North America Smart Transportation Market by Business Model
6.1.5. North American Smart Transportation by Vehicle Type
6.1.6. North American Smart Transportation by Countries
6.2. European Smart Transportation Market
6.2.1. European Smart Transportation Market by Technology
6.2.2. European Smart Transportation Market by Solution Type
6.2.3. European Smart Transportation Market by Transport Conveyance
6.2.4. European Smart Transportation Market by Business Model
6.2.5. European Smart Transportation by Vehicle Type
6.2.6. European Smart Transportation by Countries
6.3. APAC Smart Transportation Market
6.3.1. APAC Smart Transportation Market by Technology
6.3.2. APAC Smart Transportation Market by Solution Type
6.3.3. APAC Smart Transportation Market by Transport Conveyance
6.3.4. APAC Smart Transportation Market by Business Model
6.3.5. APAC Smart Transportation by Vehicle Type
6.3.6. APAC Smart Transportation by Countries
6.4. Latin America Smart Transportation Market
6.4.1. Latin America Smart Transportation Market by Technology
6.4.2. Latin America Smart Transportation Market by Solution Type
6.4.3. Latin America Smart Transportation Market by Transport Conveyance
6.4.4. Latin America Smart Transportation Market by Business Model
6.4.5. Latin America Smart Transportation by Vehicle Type
6.4.6. Latin America Smart Transportation by Countries
6.5. MEA Smart Transportation Market
6.5.1. MEA Smart Transportation Market by Technology
6.5.2. MEA Smart Transportation Market by Solution Type
6.5.3. MEA Smart Transportation Market by Transport Conveyance
6.5.4. MEA Smart Transportation Market by Business Model
6.5.5. MEA Smart Transportation by Vehicle Type
6.5.6. MEA Smart Transportation by Countries
7.0. Company Analysis
7.1. Key Strategies Initiatives
7.2. THALES GROUP
7.3. HUAWEI
7.4. IBM
7.5. SIEMENS
7.6. ACCENTURE PLC
7.7. CISCO SYSTEMS
7.8. SAP
7.9. CUBIC
7.10. ALSTOM
7.11. Toshiba
7.12. SAAB
7.13. Bentley Systems
7.14. BASS
7.15. Kapsch
7.16. TomTom International BV.
7.17. MSR-Traffic
7.18. Descartes
7.19. Indra Sistemas
7.20. Schneider Electric
7.21. Trimble
7.22. Conduent
7.23. LG CNS
7.24. AVEVA Group PLC
7.25. Oracle Corporation
7.26. AGT International
7.27. Advantech Co. Ltd
8.0. Conclusions
9.0. Appendix: Connected Vehicles
9.1. Impetus for V2V
9.2. V2V Technologies
9.3. Vehicle to Everything
Figures:
Figure 1: History of Smart Transportation
Figure 2: Benefits of Smart Transportation
Figure 3: Basic Improvements in Smart Transportation
Figure 4: Value Proposition of Smart Transportation
Figure 5: Smart Transportation Systems
Figure 6: Smart Transportation Market Drivers and Challenges
Figure 7: Global Smart Transportation Market 2025 - 2030
Figure 8: Global Smart Transportation Market by Technology 2025 - 2030
Figure 9: Global Smart Transportation Market by Solution 2025 - 2030
Figure 10: Global Smart Transportation Market by Transport Conveyance 2025 - 2030
Figure 11: Global Smart Transportation Market by Business Model 2025 - 2030
Figure 12: Global Smart Transportation Market by Vehicle Type 2025 - 2030
Figure 13: Global Smart Transportation Market by Region 2025 - 2030
Figure 14: North American Smart Transportation Market by Technology 2025 - 2030
Figure 15: North American Smart Transportation Market by Solution 2025 - 2030
Figure 16: North American Smart Transportation Market by Transport Conveyance 2025 - 2030
Figure 16: North American Smart Transportation Market by Business Model 2025 - 2030
Figure 18: North American Smart Transportation Market by Vehicle Type 2025 - 2030
Figure 19: North American Smart Transportation Market by Country 2025 - 2030
Figure 20: European Smart Transportation Market by Technology 2025 - 2030
Figure 21: European Smart Transportation Market by Solution 2025 - 2030
Figure 22: European Smart Transportation Market by Transport Conveyance 2025 - 2030
Figure 23: European Smart Transportation Market by Business Model 2025 - 2030
Figure 24: European Smart Transportation Market by Vehicle Type 2025 - 2030
Figure 25: European Smart Transportation Market by Country 2025 - 2030