Insight by Abdul Wasay, Chief Operating Officer at The Business Research Company
In response to fluctuating tariffs and geopolitical trade developments, the Intelligent Road System Market Outlook 2025 analyses how businesses are adapting through supply chain diversification and strategic sourcing.
What Is the Projected Market Size of the Intelligent Road System Industry in 2024 and 2025?
The market size of the Intelligent Road System has seen significant growth recently. It was at $56.12 billion in 2024 and it is predicted to reach $62.94 billion in 2025, with a Compound Annual Growth Rate (CAGR) of 12.2%.
What Is the Projected Market Size of the Intelligent Road System Market in 2029?
The Intelligent Road System Global Market is projected to grow to a market size of $99.9 billion by 2029, with a compound annual growth rate (CAGR) of 12.2%.
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What Are the Key Drivers of Intelligent Road System Market Growth?
The key drivers in the intelligent road system market are:
• Expansion of autonomous vehicles
• Increasing investment in smart city projects
• Adoption of AI in traffic management
• Integration of 5G for connected road systems
What Are the Primary Segmentation Categories in the Intelligent Road System Market?
The intelligent road system market covered in this report is segmented –
1) By Type: Wireless Communication, Computational Technologies, Floating Car Data Or Floating Cellular Data
2) By Component: Hardware, Software, Services
3) By Technology Type: Advanced Traffic Management Systems (ATMS), Automatic Number Plate Recognition (ANPR), Traffic Signal Control Systems, Incident Detection And Management Systems
4) By Application: Traffic Management, Road Safety And Security, Freight Management, Public Transport, Environment Protection, Other Applications
5) By End-User: Government And Municipalities, Transportation Authorities, Commercial Fleet Operators, Smart City Developers
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What Are the Major Trends Shaping the Intelligent Road System Market in 2025 and Beyond?
The key trends in the intelligent road system market are:
• AI-powered traffic control systems are a major trend in the Intelligent Road System market.
• Predictive analytics is increasingly being adopted for improving road safety.
• The use of cloud-based intelligent transport solutions is on the rise.
• There is escalating interest in integrating IoT for real-time road monitoring.
Who Are the Emerging Players in the Intelligent Road System Market?
Major players in the intelligent road system market are:
• Siemens AG
• Intel Corporation
• WSP Global Inc.
• HARMAN International Industries Inc.
• Dahua Technology Co. Ltd.
• Cubic Transportation Systems Inc.
• SWARCO AG
• Intellias Ltd.
• Kapsch TrafficCom AG
• TomTom International BV
• Antea Group N.V.
• Digi International Inc.
• Lanner Electronics Inc.
• Iteris Inc.
• Q-Free ASA
• EFKON GmbH
• Robustel Technologies Co. Ltd.
• Faststream Technologies LLC
• Loadlink Technologies
• Yunex Traffic GmbH.
Which Regions Are Leading the Growth in the Global Intelligent Road System Market?
North America was the largest region in the intelligent road system market in 2024
