The Intelligent Transportation System Market forecasts indicate a promising future for global transport innovation. Governments and corporations are focusing on digitalization, automation, and sustainability to modernize infrastructure and improve urban living standards.

Valued at USD 28.55 billion in 2024 and expected to reach USD 67.26 billion by 2035, the market is growing at 8.10% CAGR. Forecasts suggest that AI, IoT, and big data analytics will become key enablers of intelligent mobility.

ITS will play a central role in autonomous driving, connected vehicle systems, and real-time traffic optimization—making transportation safer, faster, and greener.

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