Smart Transportation Market

The smart transportation market involves integrating intelligent technologies into transportation networks to create safer, more efficient, and sustainable mobility. Key customers include cities and transit operators who use these systems to manage traffic flow and improve travel experiences. The market's growth is primarily driven by a global focus on sustainability, the need to manage complex urban mobility through real-time data, and policy shifts favoring clean transportation.

CAGR

12.91%

Compound Annual Growth Rate

Current Value

$173.0B

Estimated 2026

Projected Value

$456.9B

By 2034

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