According to Persistence Market Research, the global intelligent transportation system (ITS) market was valued at US$47.6 Billion in 2025 and is projected to reach US$89.3 Billion by 2032, expanding at a CAGR of 9.4% during the forecast period of 2025-2032. The market’s growth is fuelled by rapid urbanization, growing traffic congestion, increasing demand for road safety, and the integration of advanced digital technologies such as artificial intelligence (AI), big data, and video analytics. These systems are revolutionizing traffic management and public transportation across smart cities, supporting sustainability goals and improving commuter experience worldwide.
The Intelligent Transportation System (ITS) market represents one of the fastest-evolving technology landscapes, bridging information technology, data analytics, and mobility infrastructure. As cities face rising congestion and environmental concerns, ITS solutions have emerged as critical tools for efficient traffic management, accident prevention, and real-time communication between vehicles and road infrastructure. The increasing adoption of connected vehicle technologies and government-backed smart city initiatives are propelling market expansion across developed and emerging economies alike. By 2032, as per Persistence Market Research, the global market size will nearly double from its 2025 valuation, driven by consistent investments in digital infrastructure and automation.
Source: Persistence Market Research
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