United States Smart Transportation Market is expected to reach US$ 77.9 billion by 2032 | Top Companies - ERTICO-ITS, Orange Business Services, Advantech Co., Ltd.

Market Overview:

The Global Smart Transportation Market is expected to grow at a CAGR of 10.9% during the forecast period (2024-2031). The Market is growing due to increasing urbanization and rising demand for efficient, safe, and sustainable mobility solutions. According to DataM Intelligence

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The Smart Transportation Market encompasses advanced technologies and solutions that optimize the efficiency, safety, and sustainability of transportation systems. It includes intelligent traffic management, connected vehicles, autonomous transport, IoT-enabled infrastructure, and real-time data analytics. This market aims to reduce congestion, lower emissions, enhance passenger experience, and support urban mobility through innovative digital and automated transport solutions.

Industry Recent Developments: United States

✅ September 2025: Advanced AI-driven traffic control systems and smart signaling solutions are being widely implemented to reduce congestion and emissions.

✅ October 2025: Huawei released seven new smart transportation solutions focusing on urban mobility, intelligent traffic control, and electric vehicle infrastructure acceleration.

✅ November 2025: Autonomous vehicle deployments continue to expand through new pilot programs integrating vehicle-to-everything (V2X) communication enabled by 5G networks.

Industry Recent Developments: Japan

✅ September 2025: The Ministry of Land, Infrastructure, Transport, and Tourism launched the "FY 2025 Smart JAMP" project promoting smart transformation in transportation.

✅ October 2025: The Japan Mobility Show showcased major innovations in smart and sustainable transport, including autonomous driving and connected vehicle technologies.

✅ November 2025: The Japan Smart Transportation System market is driven by rapid urbanization, real-time traffic management, automated toll collection, smart parking systems, and integration of AI and IoT technologies, supporting efficiency and safety improvements.

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Major Key Players:

1. ERTICO-ITS - A European organization driving innovation in intelligent transport systems (ITS) and smart mobility solutions across public and private sectors.

2. Orange Business Services - Provides IoT, cloud, and connectivity solutions for smart transportation and digital infrastructure worldwide.

3. Advantech Co., Ltd. - Specializes in industrial IoT, embedded systems, and smart transportation hardware and software solutions.

4. Oracle Corporation - Offers advanced cloud-based software, analytics, and data management solutions for transportation and logistics management.

5. AVEVA Group plc - Provides industrial software solutions, including simulation, analytics, and IoT applications for transportation and infrastructure.

6. Hitachi Inc. - Delivers smart mobility, IoT, and AI-powered transportation systems to optimize urban mobility and infrastructure efficiency.

Market Growth Drivers:

✅ Increasing demand for autonomous and connected vehicles: Technological advancements and shifting consumer preferences toward autonomous vehicles equipped with sensors and AI optimize traffic flow, reduce congestion, and enhance safety by minimizing human error.

✅ Smart city initiatives: These leverage new technologies like IoT sensors, AI-based traffic control, and connected vehicles to improve urban mobility and infrastructure, addressing traffic congestion, pollution, and inadequate public transit.

✅ Rapid urbanization and rising traffic congestion: Growing populations in urban centers increase the need for advanced mobility solutions such as AI-driven traffic management, 5G communication, and Mobility as a Service (MaaS) platforms to enhance transportation efficiency and reduce delays.

Segments Covered in the Smart Transportation Market:

By Services: Business Services, Cloud Services, Professional Services.

By Application: Public Transport, Traffic Management, Parking Management, Road Safety and Security, Automotive Telematics, Freight.

By Type: Advanced Public Transportation Systems (APTS), Advanced Traveller Information Systems (ATIC), Cooperative Vehicle Systems, Advanced Traffic Management Systems (ATMS), Advanced Transportation Pricing Systems (ATPS), Parking Management Systems.

Regional Analysis for Smart Transportation 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)

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Chapter Outline:

⏩ Market Overview: It contains five chapters, as well as information about the research scope, major manufacturers covered, market segments, Smart Transportation market segments, study objectives, and years considered.

⏩ Market Landscape: The competition in the Global Smart Transportation Market is evaluated here in terms of value, turnover, revenues, and market share by organization, as well as market rate, competitive landscape, and recent developments, transaction, growth, sale, and market shares of top companies.

⏩ Companies Profiles: The global Smart Transportation market's leading players are studied based on sales, main products, gross profit margin, revenue, price, and growth production.

⏩ Market Outlook by Region: The report goes through gross margin, sales, income, supply, market share, CAGR, and market size by region in this segment. North America, Europe, Asia Pacific, Middle East & Africa, and South America are among the regions and countries studied in depth in this study.

⏩ Market Segments: It contains the deep research study which interprets how different end-user/application/type segments contribute to the Smart Transportation Market.

⏩ Market Forecast: Production Side: In this part of the report, the authors have focused on production and production value forecast, key producers forecast, and production and production value forecast by type.

⏩ Research Findings: This section of the report showcases the findings and analysis of the report.

⏩ Conclusion: This portion of the report is the last section of the report where the conclusion of the research study is provided.

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Frequently asked questions:

➠ What is the global sales value, production value, consumption value, import and export of Smart Transportation market?

➠ Who are the global key manufacturers of the Smart Transportation Industry? How is their operating situation (capacity, production, sales, price, cost, gross, and revenue)?

➠ What are the Smart Transportation market opportunities and threats faced by the vendors in the global Smart Transportation Industry?

➠ Which application/end-user or product type may seek incremental growth prospects? What is the market share of each type and application?

➠ What focused approach and constraints are holding the Smart Transportation market?

➠ What are the different sales, marketing, and distribution channels in the global industry?

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