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Intelligent Road System Market Forecast 2025: Key Trends, Market Size & Strategic Insights

30 Apr, 2025

The Intelligent Road System Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.

What are the Historical Growth Trends in the Intelligent Road System Market?

The intelligent road system market size has expanded swiftly in the recent past. The market was worth $56.12 billion in 2024, and it is projected to reach $63.32 billion in 2025, reflecting a compound annual growth rate (CAGR) of 12.8%.

What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Intelligent Road System Industry?

The Intelligent Road System market is projected to reach $101.61 billion in 2029, with a Compound Annual Growth Rate (CAGR) of 12.6%.

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What are the Key Growth Drivers Fueling the Intelligent Road System Market?

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

Global Market Segmentation: Identifying Major Intelligent Road System Industry Segments

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 Subsegments:
1) By Wireless Communication: Vehicle-to-Vehicle (V2V) Communication, Vehicle-to-Infrastructure (V2I) Communication, Vehicle-to-Pedestrian (V2P) Communication, Dedicated Short-Range Communication (DSRC), Cellular Vehicle-to-Everything (C-V2X)
2) By Computational Technologies: Artificial Intelligence (AI), Machine Learning (ML), Edge Computing, Cloud Computing, Big Data Analytics
3) By Floating Car Data (FCD) or Floating Cellular Data: GPS-Based Data Collection, Mobile Network-Based Data Collection, Probe Vehicle Data, Sensor-Based Data Collection, Crowdsourced Traffic Data

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What are the emerging Trends Shaping the Future of the Intelligent Road System Market?

The key trends in the intelligent road system market are:

• The development of AI-powered traffic control systems is a key emerging trend.
• Predictive analytics is increasingly being adopted for road safety.
• There is a growing trend of using cloud-based intelligent transport solutions.
• The integration of IoT for real-time road monitoring is an upcoming trend.

Who Are the Top Competitors & Leading 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.

Regional Dominance: Which Area Leads the Global Template Market?

North America was the largest region in the intelligent road system market in 2024