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IoT in Intelligent Transportation System - Global Market Trajectory & Analytics

  • ID: 5030652
  • Report
  • April 2021
  • Region: Global
  • 146 pages
  • Global Industry Analysts, Inc
Global IoT in Intelligent Transportation System Market to Reach $274.3 Billion by 2027

Amid the COVID-19 crisis, the global market for IoT in Intelligent Transportation System estimated at US$77.8 Billion in the year 2020, is projected to reach a revised size of US$274.3 Billion by 2027, growing at a CAGR of 19.7% over the analysis period 2020-2027. Hardware, one of the segments analyzed in the report, is projected to record a 21.5% CAGR and reach US$137.9 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Software segment is readjusted to a revised 18.9% CAGR for the next 7-year period.



The U.S. Market is Estimated at $23.1 Billion, While China is Forecast to Grow at 18.9% CAGR

The IoT in Intelligent Transportation System market in the U.S. is estimated at US$23.1 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$46.8 Billion by the year 2027 trailing a CAGR of 18.8% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 17.7% and 16.9% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 14.4% CAGR.

Services Segment to Record 16.9% CAGR

In the global Services segment, USA, Canada, Japan, China and Europe will drive the 16.7% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$13.4 Billion in the year 2020 will reach a projected size of US$39.3 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$33.1 Billion by the year 2027.

Select Competitors (Total 44 Featured):
  • Cisco Systems, Inc.
  • Cubic Transportation Systems, Inc.
  • Garmin Ltd.
  • Hitachi Transport System Ltd.
  • Huawei Technologies Co., Ltd.
  • IBM Corporation
  • Intel Corporation
  • Iteris, Inc.
  • Microsoft Corporation
  • NEC Corporation
  • Siemens AG
  • Thales Group
  • TransCore
  • Verizon Telematics
Note: Product cover images may vary from those shown
I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Current & Future Analysis for IoT in Intelligent Transportation System by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 2: World 7-Year Perspective for IoT in Intelligent Transportation System by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2020 & 2027
  • Table 3: World Current & Future Analysis for Hardware by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 4: World 7-Year Perspective for Hardware by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
  • Table 5: World Current & Future Analysis for Software by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 6: World 7-Year Perspective for Software by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
  • Table 7: World Current & Future Analysis for Services by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 8: World 7-Year Perspective for Services by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
  • Table 9: World Current & Future Analysis for Roadways by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 10: World 7-Year Perspective for Roadways by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
  • Table 11: World Current & Future Analysis for Railways by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 12: World 7-Year Perspective for Railways by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
  • Table 13: World Current & Future Analysis for Airways by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 14: World 7-Year Perspective for Airways by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
  • Table 15: World Current & Future Analysis for Maritime by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 16: World 7-Year Perspective for Maritime by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
III. MARKET ANALYSIS
  • UNITED STATES
  • Table 17: USA Current & Future Analysis for IoT in Intelligent Transportation System by Component - Hardware, Software and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 18: USA 7-Year Perspective for IoT in Intelligent Transportation System by Component - Percentage Breakdown of Value Sales for Hardware, Software and Services for the Years 2020 & 2027
  • Table 19: USA Current & Future Analysis for IoT in Intelligent Transportation System by End-Use - Roadways, Railways, Airways and Maritime - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 20: USA 7-Year Perspective for IoT in Intelligent Transportation System by End-Use - Percentage Breakdown of Value Sales for Roadways, Railways, Airways and Maritime for the Years 2020 & 2027
  • CANADA
  • Table 21: Canada Current & Future Analysis for IoT in Intelligent Transportation System by Component - Hardware, Software and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 22: Canada 7-Year Perspective for IoT in Intelligent Transportation System by Component - Percentage Breakdown of Value Sales for Hardware, Software and Services for the Years 2020 & 2027
  • Table 23: Canada Current & Future Analysis for IoT in Intelligent Transportation System by End-Use - Roadways, Railways, Airways and Maritime - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 24: Canada 7-Year Perspective for IoT in Intelligent Transportation System by End-Use - Percentage Breakdown of Value Sales for Roadways, Railways, Airways and Maritime for the Years 2020 & 2027
  • JAPAN
  • Table 25: Japan Current & Future Analysis for IoT in Intelligent Transportation System by Component - Hardware, Software and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 26: Japan 7-Year Perspective for IoT in Intelligent Transportation System by Component - Percentage Breakdown of Value Sales for Hardware, Software and Services for the Years 2020 & 2027
  • Table 27: Japan Current & Future Analysis for IoT in Intelligent Transportation System by End-Use - Roadways, Railways, Airways and Maritime - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 28: Japan 7-Year Perspective for IoT in Intelligent Transportation System by End-Use - Percentage Breakdown of Value Sales for Roadways, Railways, Airways and Maritime for the Years 2020 & 2027
  • CHINA
  • Table 29: China Current & Future Analysis for IoT in Intelligent Transportation System by Component - Hardware, Software and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 30: China 7-Year Perspective for IoT in Intelligent Transportation System by Component - Percentage Breakdown of Value Sales for Hardware, Software and Services for the Years 2020 & 2027
  • Table 31: China Current & Future Analysis for IoT in Intelligent Transportation System by End-Use - Roadways, Railways, Airways and Maritime - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 32: China 7-Year Perspective for IoT in Intelligent Transportation System by End-Use - Percentage Breakdown of Value Sales for Roadways, Railways, Airways and Maritime for the Years 2020 & 2027
  • EUROPE
  • Table 33: Europe Current & Future Analysis for IoT in Intelligent Transportation System by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 34: Europe 7-Year Perspective for IoT in Intelligent Transportation System by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK and Rest of Europe Markets for Years 2020 & 2027
  • Table 35: Europe Current & Future Analysis for IoT in Intelligent Transportation System by Component - Hardware, Software and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 36: Europe 7-Year Perspective for IoT in Intelligent Transportation System by Component - Percentage Breakdown of Value Sales for Hardware, Software and Services for the Years 2020 & 2027
  • Table 37: Europe Current & Future Analysis for IoT in Intelligent Transportation System by End-Use - Roadways, Railways, Airways and Maritime - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 38: Europe 7-Year Perspective for IoT in Intelligent Transportation System by End-Use - Percentage Breakdown of Value Sales for Roadways, Railways, Airways and Maritime for the Years 2020 & 2027
  • FRANCE
  • Table 39: France Current & Future Analysis for IoT in Intelligent Transportation System by Component - Hardware, Software and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 40: France 7-Year Perspective for IoT in Intelligent Transportation System by Component - Percentage Breakdown of Value Sales for Hardware, Software and Services for the Years 2020 & 2027
  • Table 41: France Current & Future Analysis for IoT in Intelligent Transportation System by End-Use - Roadways, Railways, Airways and Maritime - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 42: France 7-Year Perspective for IoT in Intelligent Transportation System by End-Use - Percentage Breakdown of Value Sales for Roadways, Railways, Airways and Maritime for the Years 2020 & 2027
  • GERMANY
  • Table 43: Germany Current & Future Analysis for IoT in Intelligent Transportation System by Component - Hardware, Software and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 44: Germany 7-Year Perspective for IoT in Intelligent Transportation System by Component - Percentage Breakdown of Value Sales for Hardware, Software and Services for the Years 2020 & 2027
  • Table 45: Germany Current & Future Analysis for IoT in Intelligent Transportation System by End-Use - Roadways, Railways, Airways and Maritime - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 46: Germany 7-Year Perspective for IoT in Intelligent Transportation System by End-Use - Percentage Breakdown of Value Sales for Roadways, Railways, Airways and Maritime for the Years 2020 & 2027
  • ITALY
  • Table 47: Italy Current & Future Analysis for IoT in Intelligent Transportation System by Component - Hardware, Software and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 48: Italy 7-Year Perspective for IoT in Intelligent Transportation System by Component - Percentage Breakdown of Value Sales for Hardware, Software and Services for the Years 2020 & 2027
  • Table 49: Italy Current & Future Analysis for IoT in Intelligent Transportation System by End-Use - Roadways, Railways, Airways and Maritime - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 50: Italy 7-Year Perspective for IoT in Intelligent Transportation System by End-Use - Percentage Breakdown of Value Sales for Roadways, Railways, Airways and Maritime for the Years 2020 & 2027
  • UNITED KINGDOM
  • Table 51: UK Current & Future Analysis for IoT in Intelligent Transportation System by Component - Hardware, Software and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 52: UK 7-Year Perspective for IoT in Intelligent Transportation System by Component - Percentage Breakdown of Value Sales for Hardware, Software and Services for the Years 2020 & 2027
  • Table 53: UK Current & Future Analysis for IoT in Intelligent Transportation System by End-Use - Roadways, Railways, Airways and Maritime - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 54: UK 7-Year Perspective for IoT in Intelligent Transportation System by End-Use - Percentage Breakdown of Value Sales for Roadways, Railways, Airways and Maritime for the Years 2020 & 2027
  • REST OF EUROPE
  • Table 55: Rest of Europe Current & Future Analysis for IoT in Intelligent Transportation System by Component - Hardware, Software and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 56: Rest of Europe 7-Year Perspective for IoT in Intelligent Transportation System by Component - Percentage Breakdown of Value Sales for Hardware, Software and Services for the Years 2020 & 2027
  • Table 57: Rest of Europe Current & Future Analysis for IoT in Intelligent Transportation System by End-Use - Roadways, Railways, Airways and Maritime - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 58: Rest of Europe 7-Year Perspective for IoT in Intelligent Transportation System by End-Use - Percentage Breakdown of Value Sales for Roadways, Railways, Airways and Maritime for the Years 2020 & 2027
  • ASIA-PACIFIC
  • Table 59: Asia-Pacific Current & Future Analysis for IoT in Intelligent Transportation System by Component - Hardware, Software and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 60: Asia-Pacific 7-Year Perspective for IoT in Intelligent Transportation System by Component - Percentage Breakdown of Value Sales for Hardware, Software and Services for the Years 2020 & 2027
  • Table 61: Asia-Pacific Current & Future Analysis for IoT in Intelligent Transportation System by End-Use - Roadways, Railways, Airways and Maritime - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 62: Asia-Pacific 7-Year Perspective for IoT in Intelligent Transportation System by End-Use - Percentage Breakdown of Value Sales for Roadways, Railways, Airways and Maritime for the Years 2020 & 2027
  • REST OF WORLD
  • Table 63: Rest of World Current & Future Analysis for IoT in Intelligent Transportation System by Component - Hardware, Software and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 64: Rest of World 7-Year Perspective for IoT in Intelligent Transportation System by Component - Percentage Breakdown of Value Sales for Hardware, Software and Services for the Years 2020 & 2027
  • Table 65: Rest of World Current & Future Analysis for IoT in Intelligent Transportation System by End-Use - Roadways, Railways, Airways and Maritime - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 66: Rest of World 7-Year Perspective for IoT in Intelligent Transportation System by End-Use - Percentage Breakdown of Value Sales for Roadways, Railways, Airways and Maritime for the Years 2020 & 2027
IV. COMPETITION
  • Total Companies Profiled: 44
Note: Product cover images may vary from those shown
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