What is the current Intelligent Transport Systems Market size?

The Intelligent Transport Systems Market is projected to register a CAGR of 5.11% during the forecast period (2024-2029) Read More

Who are the key players in Intelligent Transport Systems Market?

Siemens AG, Thales Group, IBM Corporation, Cubic Corporation and Denso Corporation are the major companies operating in the Intelligent Transport Systems Market. Read More

Which is the fastest growing region in Intelligent Transport Systems Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Intelligent Transport Systems Market?

In 2024, the North America accounts for the largest market share in Intelligent Transport Systems Market. Read More

What years does this Intelligent Transport Systems Market cover?

The report covers the Intelligent Transport Systems Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Intelligent Transport Systems Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Intelligent Transport Systems Market Share

Statistics for the 2023 & 2024 Intelligent Transport Systems market share, created by Mordor Intelligence™ Industry Reports. Intelligent Transport Systems share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Intelligent Transport Systems Industry

The intelligent transport systems marketis highly competitive and moving toward a fragmented stage dueto the presence of many large and small players in themarket. Players in the market are focusing on technological innovationand compatibility of their products and servicesas well as using strategies, such as acquisitions and collaborations to strengthen their presence in the market. Some of the players in the market are Siemens AG, Thales Group, IBM Corporation, Cubic Corporation, among others.

January 2019 -The Department for Infrastructure (DfI) in Northern Ireland awarded Siemens a four-year contract. The contract covers both the maintenance and development of the existing traffic management systems, which are largely located in Belfast.