Intelligent Transportation System Market: How AI and IoT Are Transforming Global Mobility
The global Intelligent Transportation System Market was valued at USD 58.3 billion in 2025 and is projected to grow from USD 62.7 billion in 2026 to USD 128.2 billion by 2033, expanding at a CAGR of 10.8%. That growth isn't abstract — it's a traffic signal in Los Angeles adjusting itself because a sensor three intersections away just detected a slowdown, a freight train avoiding a collision because onboard cameras flagged an obstruction half a mile out, and a container ship rerouting around a storm before its captain checks the forecast. Every one of those moments is a transaction inside the same Intelligent Transportation System Market, built on a single premise: every mode of moving people and goods is now, fundamentally, a data problem. How the Intelligent Transportation System Market Is Segmented? Grand View Research breaks down the Intelligent Transportation System Market by mode of transportation — roadway, railway, airway, and maritime — and the split matters...