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IoT in Intelligent Transportation System Market, Global Outlook and Forecast 2023-2032

The global IoT in Intelligent Transportation System market was valued at US$ 108740 million in 2022 and is projected to reach US$ 172940 million by 2029, at a CAGR of 6.9% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
This report aims to provide a comprehensive presentation of the global market for IoT in Intelligent Transportation System, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding IoT in Intelligent Transportation System. This report contains market size and forecasts of IoT in Intelligent Transportation System in global, including the following market information:

• Global IoT in Intelligent Transportation System Market Revenue, 2018-2023, 2024-2029, ($ millions)
• Global top five companies in 2022 (%)

The U.S. Market is Estimated at $ Million in 2022, While China is to reach $ Million.
Hardware Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of IoT in Intelligent Transportation System include Cisco Systems, Intel Corporation, Cubic Transportation Systems, Siemens AG, Thales Group, TomTom NV, TransCore Holdings, Verizon Telematics and Microsoft Corporation, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the IoT in Intelligent Transportation System companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global IoT in Intelligent Transportation System Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global IoT in Intelligent Transportation System Market Segment Percentages, by Type, 2022 (%)

• Hardware
• Software
• Services

Global IoT in Intelligent Transportation System Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global IoT in Intelligent Transportation System Market Segment Percentages, by Application, 2022 (%)

• Roadway
• Railway
• Airway
• Maritime

Global IoT in Intelligent Transportation System Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global IoT in Intelligent Transportation System Market Segment Percentages, By Region and Country, 2022 (%)

• North America
• US
• Canada
• Mexico
• Europe
• Germany
• France
• U.K.
• Italy
• Russia
• Nordic Countries
• Benelux
• Rest of Europe
• Asia
• China
• Japan
• South Korea
• Southeast Asia
• India
• Rest of Asia
• South America
• Brazil
• Argentina
• Rest of South America
• Middle East & Africa
• Turkey
• Israel
• Saudi Arabia
• UAE
• Rest of Middle East & Africa

Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies IoT in Intelligent Transportation System revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies IoT in Intelligent Transportation System revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:

• Cisco Systems
• Intel Corporation
• Cubic Transportation Systems
• Siemens AG
• Thales Group
• TomTom NV
• TransCore Holdings
• Verizon Telematics
• Microsoft Corporation
• Garmin Ltd
• NEC Corporation
• Watson Internet of Things(IBM)
• Huawei Technologies
• Hitachi Transport System
• Iteris Inc.

Outline of Major Chapters:

• Chapter 1: Introduces the definition of IoT in Intelligent Transportation System, market overview.
• Chapter 2: Global IoT in Intelligent Transportation System market size in revenue.
• Chapter 3: Detailed analysis of IoT in Intelligent Transportation System company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
• Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
• Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
• Chapter 6: Sales of IoT in Intelligent Transportation System in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
• Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
• Chapter 8: The main points and conclusions of the report.