Press release
Smart Highways Market Forecast 2025 | Rising Demand, Growth Prospects & Key Players
Smart Highways Market
The global Smart Highways Market is poised to grow at a CAGR of 17.95 % by 2031.
Smart Highways Market report, published by DataM Intelligence has released its latest in-depth analysis on the global Smart Highways Market, delivering a detailed overview of regional growth patterns, market segmentation, CAGR, and financial performance among leading industry players. The report offers readers a clear snapshot of the current market value and volume, alongside an exploration of emerging opportunities and ongoing developments. By shining a spotlight on key market drivers and highlighting the evolving industry landscape, the report equips businesses and stakeholders with strategic insights to identify new growth avenues and navigate future market dynamics confidently.
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Smart Highways are advanced road systems that integrate digital technologies, sensors, IoT, and communication networks to enhance traffic management, safety, and sustainability. Features such as intelligent lighting, real-time traffic monitoring, automated tolling, connected vehicle support, and renewable energy integration help reduce congestion, improve road safety, and minimize environmental impact. Smart highways play a key role in enabling efficient mobility and supporting the transition toward connected and autonomous transportation.
Key Players:
-> ABB Ltd, ALE International, AT&T Inc., Cisco System Inc., IBM Corporation, Huawei Technologies Co. Ltd., LG CSN, Honeywell International Inc., Schneider Electric SE and Siemens AG.
Key Development:
✅ In May 2025, Cavnue (under Sidewalk Infrastructure Partners) announced a smart freight corridor project on State Route 307 near the Port of Savannah its third smart highway initiative aimed at easing congestion and enhancing safety with real-time road-condition insights.
✅ In May 2025, the Ministry of Land, Infrastructure, Transport and Tourism (MLIT) made real-time national highway traffic data publicly accessible via a new API. Developers, logistics companies, and planners can now tap live traffic volume data, fostering smarter transportation solutions and innovation.
✅ In March 2025, E2SOL partnered with Yotta Energy to launch the Smart Solar Highway Median (SSHM) system transforming highway medians into solar-powered, EV-charging energy hubs with dynamic wireless charging and modular storage solutions
✅ In early 2025, a smart road trial was implemented along a three-mile stretch of I-94 between Ann Arbor and Detroit. Slim sensor poles now collect real-time traffic, weather, pothole, and obstacle data to inform connected and autonomous vehicle systems.
✅ By mid-2025, Japan deployed AI-enabled image processing systems across its expressway surveillance cameras-over 15,000 units-to detect wrong-way driving instantly. The system provides live voice alerts to the driver and visual warnings to nearby motorists, enhancing safety through rapid response.
Growth Forecast Projected:
The Global Smart Highways Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
Research Process:
Both primary and secondary data sources have been used in the global Smart Highways Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.
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Key Segments:
By Component: Software for the Smart Highways Industry, Hardware, Services
By Deployment Model: Cloud-based, On-Premise
By Technology: Intelligent Transportation Management System, Traffic management system, Communication System, Monitoring System, Others
Regional Analysis for Smart Highways Market:
⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
Benefits of the Report:
Chapter 1: Sets the stage by outlining the report's coverage, summarizing key market segments by region, product type, and application. Presents a snapshot of market sizes, growth potential across segments, and anticipated industry evolution both short and long term.
Chapter 2: Highlights pivotal market insights and uncovers the most significant emerging trends driving change within the industry.
Chapter 3: Offers an in-depth look at the competitive landscape among Smart Highways producers, including revenue shares, strategic moves, and recent mergers and acquisitions.
Chapter 4: Presents comprehensive profiles of the market's key players, delving into details such as revenue, profit margins, product portfolios, and company milestones.
Chapters 5 & 6: Analyze Smart Highways revenue at both regional and country levels, providing quantitative breakdowns of market sizes, growth opportunities, and development prospects worldwide.
Chapter 7: Focuses on different market segments by type, examining their individual sizes and potential, guiding readers toward high-impact, untapped market areas.
Chapter 8: Explores segmentation by application, evaluating industry growth potential in various downstream markets and pinpointing promising sectors for expansion.
Chapter 9: Provides a thorough review of the industry's supply chain mapping out both upstream and downstream activities.
Chapter 10: Concludes with a summary of the report's key findings and highlights the most critical takeaways for industry stakeholders.
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FAQ
Q: What is the growth rate of the Smart Highways Market?
A: The market is projected to expand at a compound annual growth rate (CAGR) of 17.95 % during the forecast period from 2024 to 2031.
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