Smart Transportation Market Size, Share, and Trends 2024 to 2034

The global smart transportation market size is calculated at USD 151.74 billion in 2025 and is forecasted to reach around USD 457.3 billion by 2034, accelerating at a CAGR of 13.04% from 2025 to 2034. The North America smart transportation market size surpassed USD 43.21 billion in 2024 and is expanding at a CAGR of 13.06% during the forecast period. The market sizing and forecasts are revenue-based (USD Million/Billion), with 2024 as the base year.

  • Last Updated : January 2025
  • Report Code : 1503
  • Category : Automotive

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Smart Transportation Market 

5.1. COVID-19 Landscape: Smart Transportation Industry Impact

5.2. COVID 19 - Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Smart Transportation Market, By Solution

8.1. Smart Transportation Market, by Solution Type,

8.1.1. Ticketing Management System

8.1.1.1. Market Revenue and Forecast

8.1.2. Parking Management & Guidance System

8.1.2.1. Market Revenue and Forecast

8.1.3. Integrated Supervision System

8.1.3.1. Market Revenue and Forecast

8.1.4. Traffic Management System

8.1.4.1. Market Revenue and Forecast

Chapter 9. Global Smart Transportation Market, By Service

9.1. Smart Transportation Market, by Service,

9.1.1. Business

9.1.1.1. Market Revenue and Forecast

9.1.2. Professional

9.1.2.1. Market Revenue and Forecast

9.1.3. Cloud Services

9.1.3.1. Market Revenue and Forecast

Chapter 10. Global Smart Transportation Market, By Transportation Mode

10.1. Smart Transportation Market, by Transportation Mode Type,

10.1.1. Roadways

10.1.1.1. Market Revenue and Forecast

10.1.2. Railways

10.1.2.1. Market Revenue and Forecast

10.1.3. Airways

10.1.3.1. Market Revenue and Forecast

10.1.4. Maritime

10.1.4.1. Market Revenue and Forecast

Chapter 11. Global Smart Transportation Market, By Application

11.1. Smart Transportation Market, by Application Type,

11.1.1. Mobility as a Service

11.1.1.1. Market Revenue and Forecast

11.1.2. Route Information and Route Guidance

11.1.2.1. Market Revenue and Forecast

11.1.3. Public Transport

11.1.3.1. Market Revenue and Forecast

11.1.4. Transit Hubs

11.1.4.1. Market Revenue and Forecast

11.1.5. Connected Cars

11.1.5.1. Market Revenue and Forecast

11.1.6. Video Management

11.1.6.1. Market Revenue and Forecast

11.1.7. Others

11.1.7.1. Market Revenue and Forecast

Chapter 12. Global Smart Transportation Market, Regional Estimates and Trend Forecast

12.1. North America

12.1.1. Market Revenue and Forecast, by Solution

12.1.2. Market Revenue and Forecast, by Service

12.1.3. Market Revenue and Forecast, by Transportation Mode Type

12.1.4. Market Revenue and Forecast, by Application Type

12.1.5. U.S.

12.1.5.1. Market Revenue and Forecast, by Solution

12.1.5.2. Market Revenue and Forecast, by Service

12.1.5.3. Market Revenue and Forecast, by Transportation Mode Type

12.1.5.4. Market Revenue and Forecast, by Application Type

12.1.6. Rest of North America

12.1.6.1. Market Revenue and Forecast, by Solution

12.1.6.2. Market Revenue and Forecast, by Service

12.1.6.3. Market Revenue and Forecast, by Transportation Mode Type

12.1.6.4. Market Revenue and Forecast, by Application Type

12.2. Europe

12.2.1. Market Revenue and Forecast, by Solution

12.2.2. Market Revenue and Forecast, by Service

12.2.3. Market Revenue and Forecast, by Transportation Mode Type

12.2.4. Market Revenue and Forecast, by Application Type

12.2.5. UK

12.2.5.1. Market Revenue and Forecast, by Solution

12.2.5.2. Market Revenue and Forecast, by Service

12.2.5.3. Market Revenue and Forecast, by Transportation Mode Type

12.2.5.4. Market Revenue and Forecast, by Application Type

12.2.6. Germany

12.2.6.1. Market Revenue and Forecast, by Solution

12.2.6.2. Market Revenue and Forecast, by Service

12.2.6.3. Market Revenue and Forecast, by Transportation Mode Type

12.2.6.4. Market Revenue and Forecast, by Application Type

12.2.7. France

12.2.7.1. Market Revenue and Forecast, by Solution

12.2.7.2. Market Revenue and Forecast, by Service

12.2.7.3. Market Revenue and Forecast, by Transportation Mode Type

12.2.7.4. Market Revenue and Forecast, by Application Type

12.2.8. Rest of Europe

12.2.8.1. Market Revenue and Forecast, by Solution

12.2.8.2. Market Revenue and Forecast, by Service

12.2.8.3. Market Revenue and Forecast, by Transportation Mode Type

12.2.8.4. Market Revenue and Forecast, by Application Type

12.3. APAC

12.3.1. Market Revenue and Forecast, by Solution

12.3.2. Market Revenue and Forecast, by Service

12.3.3. Market Revenue and Forecast, by Transportation Mode Type

12.3.4. Market Revenue and Forecast, by Application Type

12.3.5. India

12.3.5.1. Market Revenue and Forecast, by Solution

12.3.5.2. Market Revenue and Forecast, by Service

12.3.5.3. Market Revenue and Forecast, by Transportation Mode Type

12.3.5.4. Market Revenue and Forecast, by Application Type

12.3.6. China

12.3.6.1. Market Revenue and Forecast, by Solution

12.3.6.2. Market Revenue and Forecast, by Service

12.3.6.3. Market Revenue and Forecast, by Transportation Mode Type

12.3.6.4. Market Revenue and Forecast, by Application Type

12.3.7. Japan

12.3.7.1. Market Revenue and Forecast, by Solution

12.3.7.2. Market Revenue and Forecast, by Service

12.3.7.3. Market Revenue and Forecast, by Transportation Mode Type

12.3.7.4. Market Revenue and Forecast, by Application Type

12.3.8. Rest of APAC

12.3.8.1. Market Revenue and Forecast, by Solution

12.3.8.2. Market Revenue and Forecast, by Service

12.3.8.3. Market Revenue and Forecast, by Transportation Mode Type

12.3.8.4. Market Revenue and Forecast, by Application Type

12.4. MEA

12.4.1. Market Revenue and Forecast, by Solution

12.4.2. Market Revenue and Forecast, by Service

12.4.3. Market Revenue and Forecast, by Transportation Mode Type

12.4.4. Market Revenue and Forecast, by Application Type

12.4.5. GCC

12.4.5.1. Market Revenue and Forecast, by Solution

12.4.5.2. Market Revenue and Forecast, by Service

12.4.5.3. Market Revenue and Forecast, by Transportation Mode Type

12.4.5.4. Market Revenue and Forecast, by Application Type

12.4.6. North Africa

12.4.6.1. Market Revenue and Forecast, by Solution

12.4.6.2. Market Revenue and Forecast, by Service

12.4.6.3. Market Revenue and Forecast, by Transportation Mode Type

12.4.6.4. Market Revenue and Forecast, by Application Type

12.4.7. South Africa

12.4.7.1. Market Revenue and Forecast, by Solution

12.4.7.2. Market Revenue and Forecast, by Service

12.4.7.3. Market Revenue and Forecast, by Transportation Mode Type

12.4.7.4. Market Revenue and Forecast, by Application Type

12.4.8. Rest of MEA

12.4.8.1. Market Revenue and Forecast, by Solution

12.4.8.2. Market Revenue and Forecast, by Service

12.4.8.3. Market Revenue and Forecast, by Transportation Mode Type

12.4.8.4. Market Revenue and Forecast, by Application Type

12.5. Latin America

12.5.1. Market Revenue and Forecast, by Solution

12.5.2. Market Revenue and Forecast, by Service

12.5.3. Market Revenue and Forecast, by Transportation Mode Type

12.5.4. Market Revenue and Forecast, by Application Type

12.5.5. Brazil

12.5.5.1. Market Revenue and Forecast, by Solution

12.5.5.2. Market Revenue and Forecast, by Service

12.5.5.3. Market Revenue and Forecast, by Transportation Mode Type

12.5.5.4. Market Revenue and Forecast, by Application Type

12.5.6. Rest of LATAM

12.5.6.1. Market Revenue and Forecast, by Solution

12.5.6.2. Market Revenue and Forecast, by Service

12.5.6.3. Market Revenue and Forecast, by Transportation Mode Type

12.5.6.4. Market Revenue and Forecast, by Application Type

Chapter 13. Company Profiles

13.1. Harris Corporation

13.1.1. Company Overview

13.1.2. Product Offerings

13.1.3. Financial Performance

13.1.4. Recent Initiatives

13.2. IBM Corporation

13.2.1. Company Overview

13.2.2. Product Offerings

13.2.3. Financial Performance

13.2.4. Recent Initiatives

13.3. Huawei Technologies Co. Ltd

13.3.1. Company Overview

13.3.2. Product Offerings

13.3.3. Financial Performance

13.3.4. Recent Initiatives

13.4. Veson Nautical

13.4.1. Company Overview

13.4.2. Product Offerings

13.4.3. Financial Performance

13.4.4. Recent Initiatives

13.5. Cubic Corporation

13.5.1. Company Overview

13.5.2. Product Offerings

13.5.3. Financial Performance

13.5.4. Recent Initiatives

13.6. Bentley Systems

13.6.1. Company Overview

13.6.2. Product Offerings

13.6.3. Financial Performance

13.6.4. Recent Initiatives

13.7. BASS Software

13.7.1. Company Overview

13.7.2. Product Offerings

13.7.3. Financial Performance

13.7.4. Recent Initiatives

13.8. Amadeus IT Group SA

13.8.1. Company Overview

13.8.2. Product Offerings

13.8.3. Financial Performance

13.8.4. Recent Initiatives

13.9. DNV GL

13.9.1. Company Overview

13.9.2. Product Offerings

13.9.3. Financial Performance

13.9.4. Recent Initiatives

13.10. Toshiba

13.10.1. Company Overview

13.10.2. Product Offerings

13.10.3. Financial Performance

13.10.4. Recent Initiatives

Chapter 14. Research Methodology

14.1. Primary Research

14.2. Secondary Research

14.3. Assumptions

Chapter 15. Appendix

15.1. About Us

15.2. Glossary of Terms

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Frequently Asked Questions

According to Precedence Research, the global smart transportation market size was reached at USD 134.24 billion in 2024 and is projected to surpass USD 457.3 billion by 2034.

The global smart transportation market is growing at a CAGR of 13.04% from 2025 to 2034.

The growing demand among transportation authorities to develop smart solutions to control traffic and improve road and passenger safety is driving the growth of the smart transportation market.

The leading players operating in the global smart transportation market are Harris Corporation, IBM Corporation, Huawei Technologies Co. Ltd, Veson Nautical, Cubic Corporation, Bentley Systems, BASS Software, Amadeus IT Group SA, DNV GL, Toshiba.

North America is the largest segment for smart transportation market in terms of region.

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