Global Intelligent Transport System (ITS) Market 2020: Growing Road Freight Logistics Market Boosting Market Growth

DUBLIN–()–The “Global Intelligent Transport System (ITS) Market 2020-2024” report has been added to’s offering.

The global intelligent transport system (ITS) market is forecast to grow by USD 32.47 bn during 2020-2024, progressing at a CAGR of 10% during the forecast period. This report examines the market size, forecasts, trends, growth drivers and challenges, as well as providing a vendor analysis for key industry players. The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment.

The market is driven by increasing traffic congestion and road accidents. In addition, growing road freight logistics market is anticipated to boost the growth of the global intelligent transport system (ITS) market as well. This global intelligent transport system (ITS) market is segmented as below:


  • Traffic Management
  • Toll Management
  • Automotive and Infotainment Telematics
  • Public Transport
  • Others

Geographic Segmentation:

  • North America
  • APAC
  • Europe
  • South America
  • MEA

The report includes a detailed analysis of key vendors operating in the global intelligent transport system (ITS) market, including 3M Co., Hitachi Ltd., International Business Machines Corp., Kapsch TrafficCom AG, Neology Inc., Q-Free ASA, Roper Technologies Inc., Siemens AG, Thales Group and TomTom International BV. The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Key Topics Covered: Executive Summary

  • Market Overview

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook: Forecast for 2019 – 2024

Five Forces Analysis

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Application

  • Market segments
  • Comparison by Application placement
  • Traffic management – Market size and forecast 2019-2024
  • Toll management – Market size and forecast 2019-2024
  • Automotive and infotainment telematics – Market size and forecast 2019-2024
  • Public transport – Market size and forecast 2019-2024
  • Others – Market size and forecast 2019-2024
  • Market opportunity by Application

Customer landscape Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • North America – Market size and forecast 2019-2024
  • Europe – Market size and forecast 2019-2024
  • APAC – Market size and forecast 2019-2024
  • South America – Market size and forecast 2019-2024
  • MEA – Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity by geography

Drivers, Challenges, and Trends

  • Market drivers
  • Volume driver – Demand led growth
  • Volume driver – Supply led growth
  • Volume driver – External factors
  • Volume driver – Demand shift in adjacent markets
  • Price driver – Inflation
  • Price driver – Shift from lower to higher-priced units
  • Market challenges
  • Market trends

Vendor Landscape

  • Overview
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • 3M Co.
  • Hitachi Ltd.
  • International Business Machines Corp.
  • Kapsch TrafficCom AG
  • Neology Inc.
  • Q-Free ASA
  • Roper Technologies Inc.
  • Siemens AG
  • Thales Group
  • TomTom International BV


  • Scope of the report
  • Currency conversion rates for US£
  • Research methodology
  • List of abbreviations

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