The Business Research Company’s Intelligent Transportation Systems Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Intelligent Transportation Systems Global Market Report 2023 evaluates intelligent transportation systems market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global intelligent transportation systems market size is expected to grow from $29.42 billion in 2022 to $32.50 billion in 2023 at a compound annual growth rate (CAGR) of 10.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the global intelligent transportation systems industry is expected to reach $46.94 billion in 2027 at a CAGR of 9.6%.
The intelligent transportation systems market segments in the report are:
1) By System: Advanced Traffic Management System, Cooperative Vehicle System, Advanced Public Transportation System, Advanced Traveler Information System, Advanced Transportation Pricing Systems
2) By Offering: Hardware, Software, Services
3) By Application: Roadways, Aviation, Railways, Maritime
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The table of contents in TBRC’s intelligent transportation systems market report includes:
- Executive Summary
- Intelligent Transportation Systems Market Characteristics
- Intelligent Transportation Systems Market Trends And Strategies
- Intelligent Transportation Systems Market – Macro Economic Scenario
- Intelligent Transportation Systems Market Size And Growth
- Intelligent Transportation Systems Market Competitive Landscape And Company Profiles
- Key Mergers And Acquisitions In The Intelligent Transportation Systems Market
- Intelligent Transportation Systems Market Future Outlook and Potential Analysis
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