Report Scope:
The ISTMS market is segmented into the following categories -
- By roadway components: hardware, software, and services.
- By roadway applications: automated traffic control, automated parking assistance, passenger information management, automated ticketing systems, and fleet management.
- By railway components: hardware, software, and services.
- By railway applications: automated traffic control, passenger information management, automated ticketing systems, and fleet management.
- By region: North America, Europe, Asia-Pacific, and Rest of the World (RoW).
In addition to providing industry and competitive analysis of the ISTMS market, this report also covers the listing of company profiles for key players in the global market.
The Report Includes:
- 139 tables
- A brief descriptive overview of the global market for intelligent surface transport management system
- Analyses of the global market trends, with data from 2019, estimates for 2020, and projections of compound annual growth rates (CAGRs) for a five-year forecast through 2025
- Regional analysis and future outlook of the global intelligent surface transport management system (ISTMS) market covering major geographical regions, including North America, Europe, Asia-Pacific and Rest of the World
- Discussion of underlying factors driving the industry growth, economic trends, demographic shifts, technological advancements, and regulatory aspects that shape and influence the future marketplace
- Identification of companies best-positioned to meet the enormous market demand owing to their proprietary technologies, mergers, and acquisitions, strategic alliances or other advantages
- Patent review and analysis with significant patent allotments
- Information on vendor landscape and company profiles of leading market participants operating within the region, including Denso Corp., Garmin International, Hitachi Automotive Systems Inc., IBM, Siemens AG, and Tata Consultancy Services
Table of Contents
Chapter 1 Introduction
- Study Goals and Objectives
- Reasons for Doing This Study
- Scope of Report
- Research Methodology
- Intended Audience
- Information Sources
- Geographical Breakdown
- Analyst's Credentials
- Custom Research
- Related Reports
Chapter 2 Summary and Highlights
Chapter 3 Market and Technology Background
- Market Dynamics
- Drivers
- Restraints
- Opportunities
Chapter 4 Market Breakdown by Type
- Introduction
- Roadways
- Railways
Chapter 5 Global Roadway ISTMS Market Breakdown by Component
- Introduction
- Hardware
- Information and Rules Displays
- Sensors
- Security and Surveillance Cameras
- Line Wires
- ONT/OLT Devices
- Automated POS Systems
- Other Components
- Software
- Database Management Systems
- Video Recording Software
- Smart Traffic Management Analysis Software
- Pollution Analysis Software
- Other Software
- Services
- Cloud Management Services
- Support and Maintenance Services
Chapter 6 Global Roadway ISTMS by Application
- Introduction
- Automated Traffic Control
- Automated Parking Assistance
- Passenger Information Management
- Automated Ticketing Systems
- Fleet Management
- Other Applications
Chapter 7 Global Railway ISTMS Market by Component
- Introduction
- Hardware
- Information Displays
- Sensors
- Security and Surveillance Cameras
- Line Wires
- ONT/OLT Devices
- Automated POS Systems
- Other Hardware Systems
- Software
- Database Management Systems
- Video Recording Software
- Smart Traffic Management Analysis
- Others
- Services
- Cloud Management Services
- Support and Maintenance Services
Chapter 8 Global Railway ISTMS Market by Application
- Introduction
- Automated Traffic Control
- Passenger Information Management
- Automated Ticketing Systems
- Fleet Management
- Other Railway Applications
Chapter 9 Market Breakdown by Region
- Introduction
- North America
- Europe
- Asia-Pacific
- Rest of the World
Chapter 10 Company Profiles
- Adcco
- Agero
- Denso Corp.
- Efkon
- Ellumin
- Garmin International, Inc.
- Hitachi Automotive Systems Americas Inc.
- IBM
- Iteris Inc.
- Kapsch Trafficcom
- Lanner Electronics Inc.
- Ricardo Plc
- Sensys Networks Inc.
- Serco Inc.
- Siemens Ag
- Tata Consultancy Services
- Telenav Inc.
- Thales Group
- Tomtom N.V.
- Transcore
List of Tables
Summary Table: Global ISTMS Market, by Region, Through 2025
Table 1: Global ISTMS Market, by Type, Through 2025
Table 2: Global ISTMS Market, by Application, Through 2025
Table 3: Global ISTMS Market, by Component, Through 2025
Table 4: Global ISTMS Market, by Hardware Component, Through 2025
Table 5: Global ISTMS Market, by Software Component, Through 2025
Table 6: Global ISTMS Market, by Service, Through 2025
Table 7: Global Roadway ISTMS Market, by Component, Through 2025
Table 8: Global Roadway ISTMS Market, by Hardware Component, Through 2025
Table 9: Global Roadway ISTMS Market for Hardware Components, by Application, Through 2025
Table 10: Global Roadway ISTMS Market for Hardware Components, by Region, Through 2025
Table 11: Global Roadway ISTMS Market, by Software Component, Through 2025
Table 12: Global Roadway ISTMS Market for Software Components, by Application, Through 2025
Table 13: Global Roadway ISTMS Market for Software Components, by Region, Through 2025
Table 14: Global Roadway ISTMS Market, by Service, Through 2025
Table 15: Global Roadway ISTMS Market for Services, by Application, Through 2025
Table 16: Global Roadway ISTMS Market for Services, by Region, Through 2025
Table 17: Global Roadway ISTMS Market, by Application, Through 2025
Table 18: Global Roadway ISTMS Market for Automated Traffic Control, by Component, Through 2025
Table 19: Global Roadway ISTMS Market for Automated Traffic Control, by Region, Through 2025
Table 20: Global Roadway ISTMS Market for Automated Parking Assistance, by Component, Through 2025
Table 21: Global ISTMS Market for Automated Parking Assistance, by Region, Through 2025
Table 22: Global ISTMS Market for Passenger Information Management, by Component, Through 2025
Table 23: Global Roadway ISTMS Market for Passenger Information Management, by Region, Through 2025
Table 24: Global ISTMS Market for Automated Ticketing Systems, by Component, Through 2025
Table 25: Global ISTMS Market for Automated Ticketing Systems, by Region, Through 2025
Table 26: Global ISTMS Market for Fleet Management, by Component, Through 2025
Table 27: Global ISTMS Market for Fleet Management, by Region, Through 2025
Table 28: Global ISTMS Market for Other Applications, by Component, Through 2025
Table 29: Global ISTMS Market for Other Applications, by Region, Through 2025
Table 30: Global Railway ISTMS Market, by Component, Through 2025
Table 31: Global Railway ISTMS Market, by Hardware Component, Through 2025
Table 32: Global Railway ISTMS Market for Hardware Components, by Application, Through 2025
Table 33: Global Railway ISTMS Market for Hardware Components, by Region, Through 2025
Table 34: Global Railway ISTMS Market, by Software Component, Through 2025
Table 35: Global Railway ISTMS Market for Software Components, by Application, Through 2025
Table 36: Global Railway ISTMS Market for Software Components, by Region, Through 2025
Table 37: Global Railways ISTMS Market, by Service, Through 2025
Table 38: Global Railway ISTMS Market for Services, by Application, Through 2025
Table 39: Global Railways ISTMS Market for Services, by Region, Through 2025
Table 40: Global Railway ISTMS Market, by Application, Through 2025
Table 41: Global Railway ISTMS Market for Automated Traffic Control, by Component, Through 2025
Table 42: Global Railway ISTMS Market for Automated Traffic Control, by Region, Through 2025
Table 43: Global Railway ISTMS Market for Passenger Information Management, by Component, Through 2025
Table 44: Global Railway ISTMS Market for Passenger Information Management, by Region, Through 2025
Table 45: Global Railway ISTMS Market for Automated Ticketing Systems, by Component, Through 2025
Table 46: Global Railway ISTMS Market for Automated Ticketing Systems, by Region, Through 2025
Table 47: Global Railway ISTMS Market for Fleet Management, by Component, Through 2025
Table 48: Global Railway ISTMS Market for Fleet Management, by Region, Through 2025
Table 49: Global ISTMS Market for Other Railway Applications, by Component, Through 2025
Table 50: Global ISTMS Market for Other Railway Applications, by Region, Through 2025
Table 51: Global ISTMS Market, by Region, Through 2025
Table 52: North American ISTMS Market, by Country, Through 2025
Table 53: North American ISTMS Market, by Type, Through 2025
Table 54: North American ISTMS Market, by Component, Through 2025
Table 55: North American ISTMS Market, by Hardware Component, Through 2025
Table 56: North American ISTMS Market, by Software Component, Through 2025
Table 57: North American ISTMS Market, by Services, Through 2025
Table 58: North American ISTMS Market, by Application, Through 2025
Table 59: North American Roadway ISTMS Market, by Component, Through 2025
Table 60: North American Roadway ISTMS Market, by Hardware Component, Through 2025
Table 61: North American Roadway ISTMS Market, by Software Component, Through 2025
Table 62: North American Roadway ISTMS Market, by Service, Through 2025
Table 63: North American Roadway ISTMS Market, by Application, Through 2025
Table 64: North American Railway ISTMS Market, by Component, Through 2025
Table 65: North American Railway ISTMS Market, by Hardware Component, Through 2025
Table 66: North American Railway ISTMS Market, by Software Component, Through 2025
Table 67: North American Railway ISTMS Market, by Service, Through 2025
Table 68: North American Railway ISTMS Market, by Application, Through 2025
Table 69: List of New Intelligent Transportation Projects in North America, by Country, 2019 and 2020
Table 70: European ISTMS Market, by Country, Through 2025
Table 71: European ISTMS Market, by Type, Through 2025
Table 72: European ISTMS Market, by Component, Through 2025
Table 73: European ISTMS Market, by Hardware Component, Through 2025
Table 74: European ISTMS Market, by Software Component, Through 2025
Table 75: European ISTMS Market, by Service, Through 2025
Table 76: European ISTMS Market, by Application, Through 2025
Table 77: European Roadway ISTMS Market, by Component, Through 2025
Table 78: European Roadway ISTMS Market, by Hardware Component, Through 2025
Table 79: European Roadway ISTMS Market, by Software Component, Through 2025
Table 80: European Roadway ISTMS Market, by Service, Through 2025
Table 81: European Roadway ISTMS Market, by Application, Through 2025
Table 82: European Railway ISTMS Market, by Component, Through 2025
Table 83: European Railway ISTMS Market, by Hardware Component, Through 2025
Table 84: European Railway ISTMS Market, by Software Component, Through 2025
Table 85: European Railway ISTMS Market, by Service, Through 2025
Table 86: European Railway ISTMS Market, by Application, Through 2025
Table 87: List of New Projects in Europe, by Country, 2019 and 2020
Table 88: Asia-Pacific ISTMS Market, by Country, Through 2025
Table 89: Asia-Pacific ISTMS Market, by Type, Through 2025
Table 90: Asia-Pacific ISTMS Market, by Component, Through 2025
Table 91: Asia-Pacific ISTMS Market, by Hardware Component, Through 2025
Table 92: Asia-Pacific ISTMS Market, by Software Component, Through 2025
Table 93: Asia-Pacific ISTMS Market, by Service, Through 2025
Table 94: Asia-Pacific ISTMS Market, by Application, Through 2025
Table 95: Asia-Pacific Roadway ISTMS Market, by Component, Through 2025
Table 96: Asia-Pacific Roadway ISTMS Market, by Hardware Component, Through 2025
Table 97: Asia-Pacific Roadway ISTMS Market, by Software Component, Through 2025
Table 98: Asia-Pacific Roadway ISTMS Market, by Service, Through 2025
Table 99: Asia-Pacific Roadway ISTMS Market, by Application, Through 2025
Table 100: Asia-Pacific Railway ISTMS Market, by Component, Through 2025
Table 101: Asia-Pacific Railway ISTMS Market, by Hardware Component, Through 2025
Table 102: Asia-Pacific Railway ISTMS Market, by Software Component, Through 2025
Table 103: Asia-Pacific Railway ISTMS Market, by Service, Through 2025
Table 104: Asia-Pacific Railway ISTMS Market, by Application, Through 2025
Table 105: List of New Projects in Asia-Pacific, by Country, 2019 and 2020
Table 106: RoW ISTMS Market, by Country, Through 2025
Table 107: RoW ISTMS Market, by Type, Through 2025
Table 108: RoW ISTMS Market, by Component, Through 2025
Table 109: RoW ISTMS Market, by Hardware Component, Through 2025
Table 110: RoW ISTMS Market, by Software Component, Through 2025
Table 111: RoW ISTMS Market, by Service, Through 2025
Table 112: RoW ISTMS Market, by Application, Through 2025
Table 113: RoW Roadway ISTMS Market, by Component, Through 2025
Table 114: RoW Roadway ISTMS Market, by Hardware Component, Through 2025
Table 115: RoW Roadway ISTMS Market, by Software Component, Through 2025
Table 116: RoW Roadway ISTMS Market, by Service, Through 2025
Table 117: RoW Roadway ISTMS Market, by Application, Through 2025
Table 118: RoW Railway ISTMS Market, by Component, Through 2025
Table 119: RoW Railway ISTMS Market, by Hardware Component, Through 2025
Table 120: RoW Railway ISTMS Market, by Software Component, Through 2025
Table 121: RoW Railway ISTMS Market, by Service, Through 2025
Table 122: RoW Railway ISTMS Market, by Application, Through 2025
Table 123: List of New Projects in RoW, by Country, 2019 and 2020
Table 124: Denso Corp.: Company Financials, Through 2019
Table 125: Garmin International: Company Financials, Through 2018
Table 126: Hitachi Ltd.: Company Financials, Through 2019
Table 127: IBM: Company Financials, Through 2019
Table 128: Iteris: Company Financials, Through 2019
Table 129: Kapsch TrafficCom: Company Financials, Through 2019
Table 130: Lanner Electronics: Company Financials, Through 2018
Table 131: Ricardo PLC: Company Financials, Through 2019
Table 132: Serco Inc.: Company Financials, Through 2019
Table 133: Siemens AG: Company Financials, Through 2019
Table 134: TCS: Company Financials, Through 2019
Table 135: Telenav: Company Financials, Through 2019
Table 136: Thales Group: Company Financials, Through 2019
Table 137: TomTom: Company Financials, Through 2019
Table 138: Transcore: Company Financials, Through 2018
List of Figures
Summary Figure: Global ISTMS Market, by Region, 2019-2025
Figure 1: Global ISTMS Market, by Type, 2019-2025
Figure 2: Global ISTMS Market, by Application, 2019-2025
Figure 3: Global ISTMS Market, by Component, 2019-2025
Figure 4: Global ISTMS Market, by Hardware Component, 2019-2025
Figure 5: Global ISTMS Market, by Software Component, 2019-2025
Figure 6: Global ISTMS Market, by Service, 2019-2025
Figure 7: Global Roadway ISTMS Market, by Component, 2019-2025
Figure 8: Global Roadway ISTMS Market, by Hardware Component, 2019-2025
Figure 9: Global Roadway ISTMS Market for Hardware Components, by Application, 2019-2025
Figure 10: Global Roadway ISTMS Market for Hardware Components, by Region, 2019-2025
Figure 11: Global Roadway ISTMS Market, by Software Component, 2019-2025
Figure 12: Global Roadway ISTMS Market for Software Components, by Application, 2019-2025
Figure 13: Global Roadways ISTMS Market for Software Components, by Region, 2019-2025
Figure 14: Global Roadway ISTMS Market, by Service, 2019-2025
Figure 15: Global Roadway ISTMS Market for Services, by Application, 2019-2025
Figure 16: Global Roadway ISTMS Market for Services, by Region, 2019-2025
Figure 17: Global Roadway ISTMS Market, by Application, 2019-2025
Figure 18: Global Roadway ISTMS Market, by Component, 2019-2025
Figure 19: Global Roadway ISTMS Market for Automated Traffic Control, by Region, 2019-2025
Figure 20: Global Roadway ISTMS Market for Automated Parking Assistance, by Component, 2019-2025
Figure 21: Global ISTMS Market for Automated Parking Assistance, by Region, 2019-2025
Figure 22: Global ISTMS Market for Passenger Information Management, by Component, 2019-2025
Figure 23: Global Roadway ISTMS Market for Passenger Information Management, by Region, 2019-2025
Figure 24: Global ISTMS Market for Automated Ticketing Systems, by Component, 2019-2025
Figure 25: Global ISTMS Market for Automated Ticketing Systems, by Region, 2019-2025
Figure 26: Global ISTMS Market for Fleet Management, by Component, 2019-2025
Figure 27: Global ISTMS Market for Fleet Management, by Region, 2019-2025
Figure 28: Global ISTMS Market for Other Applications, by Component, 2019-2025
Figure 29: Global ISTMS Market for Other Applications, by Region, 2019-2025
Figure 30: Global Railway ISTMS Market, by Component, 2019-2025
Figure 31: Global Railway ISTMS Market, by Hardware Component, 2019-2025
Figure 32: Global Railway ISTMS Market for Hardware Components, by Application, 2019-2025
Figure 33: Global Railway ISTMS Market for Hardware Components, by Region, 2019-2025
Figure 34: Global Railway ISTMS Market, by Software Component, 2019-2025
Figure 35: Global Railway ISTMS Market for Software Components, by Application, 2019-2025
Figure 36: Global Railway ISTMS Market for Software Components, by Region, 2019-2025
Figure 37: Global Railways ISTMS Market, by Service, 2019-2025
Figure 38: Global Railway ISTMS Market for Services, by Application, 2019-2025
Figure 39: Global Railways ISTMS Market for Services, by Region, 2019-2025
Figure 40: Global Railway ISTMS Market, by Application, 2019-2025
Figure 41: Global Railway ISTMS Market for Automated Traffic Control, by Component, 2019-2025
Figure 42: Global Railway ISTMS Market for Automated Traffic Control, by Region, 2019-2025
Figure 43: Global Railway ISTMS Market for Passenger Information Management, by Component, 2019-2025
Figure 44: Global Railway ISTMS Market for Passenger Information Management, by Region, 2019-2025
Figure 45: Global Railway ISTMS Market for Automated Ticketing Systems, by Component, 2019-2025
Figure 46: Global Railway ISTMS Market for Automated Ticketing Systems, by Region, 2019-2025
Figure 47: Global Railway ISTMS Market for Fleet Management, by Component, 2019-2025
Figure 48: Global Railway ISTMS Market for Fleet Management, by Region, 2019-2025
Figure 49: Global ISTMS Market for Other Railway Applications, by Component, 2019-2025
Figure 50: Global ISTMS Market for Other Railway Applications, by Region, 2019-2025
Figure 51: Global ISTMS Market, by Region, 2019-2025
Figure 52: North American ISTMS Market, by Country, 2019-2025
Figure 53: North American ISTMS Market, by Type, 2019-2025
Figure 54: North American ISTMS Market, by Component, 2019-2025
Figure 55: North American ISTMS Market, by Hardware Component, 2019-2025
Figure 56: North American ISTMS Market, by Software Component, 2019-2025
Figure 57: North American ISTMS Market, by Service, 2019-2025
Figure 58: North American ISTMS Market, by Application, 2019-2025
Figure 59: North American Roadway ISTMS Market, by Component, 2019-2025
Figure 60: North American Roadway ISTMS Market, by Hardware Component, 2019-2025
Figure 61: North American Roadway ISTMS Market, by Software Component, 2019-2025
Figure 62: North American Roadway ISTMS Market, by Service, 2019-2025
Figure 63: North American Roadway ISTMS Market, by Application, 2019-2025
Figure 64: North American Railway ISTMS Market, by Component, 2019-2025
Figure 65: North American Railway ISTMS Market, by Hardware Component, 2019-2025
Figure 66: North American Railway ISTMS Market, by Software Component, 2019-2025
Figure 67: North American Railway ISTMS Market, by Service, 2019-2025
Figure 68: North American Railway ISTMS Market, by Application, 2019-2025
Figure 69: European ISTMS Market, by Country, 2019-2025
Figure 70: European ISTMS Market, by Type, 2019-2025
Figure 71: European ISTMS Market, by Component, 2019-2025
Figure 72: European ISTMS Market, by Hardware Component, 2019-2025
Figure 73: European ISTMS Market, by Software Component, 2019-2025
Figure 74: European ISTMS Market, by Services, 2019-2025
Figure 75: European ISTMS Market, by Application, 2019-2025
Figure 76: European Roadway ISTMS Market, by Component, 2019-2025
Figure 77: European Roadway ISTMS Market, by Hardware Component, 2019-2025
Figure 78: European Roadway ISTMS Market, by Software Component, 2019-2025
Figure 79: European Roadway ISTMS Market, by Service, 2019-2025
Figure 80: European Roadway ISTMS Market, by Application, 2019-2025
Figure 81: European Railway ISTMS Market, by Component, 2019-2025
Figure 82: European Railway ISTMS Market, by Hardware Component, 2019-2025
Figure 83: European Railway ISTMS Market, by Software Component, 2019-2025
Figure 84: European Railway ISTMS Market, by Service, 2019-2025
Figure 85: European Railway ISTMS Market, by Application, 2019-2025
Figure 86: Asia-Pacific ISTMS Market, by Country, 2019-2025
Figure 87: Asia-Pacific ISTMS Market, by Type, 2019-2025
Figure 88: Asia-Pacific ISTMS Market, by Component, 2019-2025
Figure 89: Asia-Pacific ISTMS Market, by Hardware Component, 2019-2025
Figure 90: Asia-Pacific ISTMS Market, by Software Component, 2019-2025
Figure 91: Asia-Pacific ISTMS Market, by Service, 2019-2025
Figure 92: Asia-Pacific ISTMS Market, by Application, 2019-2025
Figure 93: Asia-Pacific Roadway ISTMS Market, by Component, 2019-2025
Figure 94: Asia-Pacific Roadway ISTMS Market, by Hardware Component, 2019-2025
Figure 95: Asia-Pacific Roadway ISTMS Market, by Software Component, 2019-2025
Figure 96: Asia-Pacific Roadway ISTMS Market, by Service, 2019-2025
Figure 97: Asia-Pacific Roadway ISTMS Market, by Application, 2019-2025
Figure 98: Asia-Pacific Railway ISTMS Market, by Component, 2019-2025
Figure 99: Asia-Pacific Railway ISTMS Market, by Hardware Component, 2019-2025
Figure 100: Asia-Pacific Railway ISTMS Market, by Software Component, 2019-2025
Figure 101: Asia-Pacific Railway ISTMS Market, by Service, 2019-2025
Figure 102: Asia-Pacific Railway ISTMS Market, by Application, 2019-2025
Figure 103: RoW ISTMS Market, by Country, 2019-2025
Figure 104: RoW ISTMS Market, by Type, 2019-2025
Figure 105: RoW ISTMS Market, by Component, 2019-2025
Figure 106: RoW ISTMS Market, by Hardware Component, 2019-2025
Figure 107: RoW ISTMS Market, by Software Component, 2019-2025
Figure 108: RoW ISTMS Market, by Service, 2019-2025
Figure 109: RoW ISTMS Market, by Application, 2019-2025
Figure 110: RoW Roadway ISTMS Market, by Component, 2019-2025
Figure 111: RoW Roadway ISTMS Market, by Hardware Component, 2019-2025
Figure 112: RoW Roadway ISTMS Market, by Software Component, 2019-2025
Figure 113: RoW Roadway ISTMS Market, by Service, 2019-2025
Figure 114: RoW Roadway ISTMS Market, by Application, 2019-2025
Figure 115: RoW Railway ISTMS Market, by Component, 2019-2025
Figure 116: RoW Railway ISTMS Market, by Hardware Component, 2019-2025
Figure 117: RoW Railway ISTMS Market, by Software Component, 2019-2025
Figure 118: RoW Railway ISTMS Market, by Service, 2019-2025
Figure 119: RoW Railway ISTMS Market, by Application, 2019-2025
Samples
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Executive Summary
Intelligent surface transport management systems (ISTMS) leverage information and communications technologies in the management of surface transportation in order to improve safety, sustainability, and efficiency, reduce traffic congestion and improve the driving experience. ISTMS is comprised of a range of applications that process and share information to improve traffic congestion and reduce environmental impact. ISTMS has the potential to expand the benefits of the transport system for commercial companies and the public across the globe. Part of the Internet of Things (IoT), ISTMS consists of vehicle-to-vehicle and vehicle-to-infrastructure technologies and integrates both wireline and wireless communications.
ISTMS provides significant benefits in automated traffic control, automated parking assistance, passenger information management, automated ticketing systems, and fleet management. The adoption of ISTMS in a diverse range of applications is expected to boost the market growth in the coming years. The recent developments in ISTMS technologies have presented an ample opportunity for road administrators to manage the network of highways worldwide.
Some of the benefits that will boost the market for ISTMS over the forecast period are as follows:
- Roadway and railway traffic management can be more fully automated.
- The transportation network can be monitored and adjusted across roadways and railways, in real-time.
- Costly physical infrastructure for traffic management and data collection can be replaced with richer smart components and richer data sources.
- Real-time data collection and analytics will be possible with the help of IoT and cloud-based services.
The market for ISTMS is expected to witness substantial growth during the forecast period and is primarily driven by the increasing demand for intelligent transportation networks, smart traffic control, effective toll management and fleet management in emerging economies such as China and India. The evolution of technologies such as the IoT and cloud services is anticipated to fuel the growth of the global ISTMS market. Moreover, the increasing number of automobile owners is also expected to boost the market. Another factor in the market’s growth over the forecast period is the increase in R&D for ISTMS.
Companies Mentioned
- Adcco
- Agero
- Denso Corp.
- Efkon
- Ellumin
- Garmin International, Inc.
- Hitachi Automotive Systems Americas Inc.
- IBM
- Iteris Inc.
- Kapsch Trafficcom
- Lanner Electronics Inc.
- Ricardo Plc
- Sensys Networks Inc.
- Serco Inc.
- Siemens Ag
- Tata Consultancy Services
- Telenav Inc.
- Thales Group
- Tomtom N.V.
- Transcore
