Report Highlights
The global market for intelligent surface transport management system (ISTMS) should grow from $124.3 billion in 2020 to $290.4 billion by 2025 with a compound annual growth rate (CAGR) of 18.5% for the period of 2020-2025.
Report Includes
- 139 tables
- 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
Report Scope
The ISTMS market is segmented into the following categories:
- By type: roadways, and railways.
- 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 listing of company profiles for key players in the global market.
Analyst Credentials
Sinha G. Gaurav, research analyst, holds an MBA in finance from ICFAI Business School, Hyderabad (India), and a bachelor's degree in electrical engineering from Rajasthan University (India). He has worked in almost all domains across the market research industry. He has 11 years of experience in the fields of market research and investment banking. His primary focus is in healthcare, chemicals, electronics, finance and database designing. His publications include subjects such as quantum dots, IT in healthcare, alternative data, ultrafast lasers, inorganic polymers, waste management, factory automation and Voxel, among others.
Related Reports
Quantum Computing: Technologies and Global Markets to 2030
The global market for quantum computing technologies is expected to grow from $1.6 billion in 2025 to reach $7.3 billion by the end of 2030, at a compound annual growth rate (CAGR) of 34.6% from 2025 to 2030.
Global Software Defined Vehicles Market
The global market for software-defined vehicles (SDV) was valued at $391.2 billion in 2024 and is estimated to increase from $475.4 billion in 2025 to reach $1.6 trillion by 2030, at a compound annual growth rate (CAGR) of 27.3% from 2025 through 2030.
Smart Transportation: Technologies and Markets
The global smart transportation market was valued at $152.6 billion in 2023. The market is expected to grow from $181.7 billion in 2024 to $484.5 billion by 2029, at a compound annual growth rate (CAGR) of 21.7% from 2024 through 2029.
Smart Parking Technologies and Global Markets
The global market for smart parking technologies is expected to increase from $38.7 billion in 2023 to $88.8 billion by the end of 2028, with a compound annual growth rate (CAGR) of 18.1% during the forecast period of 2023-2028.
Track the Latest Global Tariff Developments
In today's fast-paced global economy, tariffs are no longer static—they are dynamic levers shaped by geopolitical realignments, supply chain vulnerabilities, inflationary pressures, and sustainability-driven trade reforms. As governments worldwide recalibrate their trade strategies, businesses are left to navigate a maze of shifting rules, rising costs, and regulatory uncertainty.
Our analysis empowers you with real-time updates and in-depth expert analysis on all facets of global tariff activity. From new trade agreements and sanctions to abrupt tariff hikes and retaliatory duties, we monitor developments across borders, sectors, and industries—so you don't have to.
Whether it's the ongoing U.S.–China trade dynamics, the evolving EU Carbon Border Adjustment Mechanism (CBAM), or the emerging policies in India, ASEAN, and Latin America, we provide full-spectrum coverage. We also track multilateral trade negotiations, World Trade Organization (WTO) rulings, and sector-specific duty structures—ensuring you are always ahead of global trade shifts.
With our analysis, you can stay informed, identify risks, and confidently respond to tariff changes—no matter where you operate.
Ready to see what tariff means for your business?
Consult with our experts or request your custom Tariff Impact Brife today
Stay Informed, Stay Competitive
In today's interconnected and unpredictable global economy, staying ahead of tariff shifts is not just important—it's essential. BCC Research provides decision-makers with trusted, research-driven insights that turn uncertainty into opportunity.
Our in-depth market analysis and trade intelligence help you decode how tariff changes impact your specific sector—manufacturing, healthcare, technology, agriculture, or energy. We break down complex data into actionable knowledge through comprehensive reports, expert commentaries, and sector-focused forecasts.
Our analysis includes:
- Thorough breakdowns of current and proposed tariff policies and how they affect regional and global trade flows.
- Sector-specific implications, helping you understand the strategic impact on sourcing, pricing, and competitiveness.
- Forward-looking insights to support risk management, planning, and response strategies for evolving trade conditions.
With BCC Research, you gain more than just information—you gain clarity and confidence to make well-informed decisions in a volatile trade environment.
Don't let tariffs catch you off guard—let our insights guide your strategy.
Recent Reports
Automotive Battery Management System: Global Markets
The global market for automotive battery management system (BMS) is projected to grow from $6.4 billion in 2025 to reach $13.9 billion by the end of 2030, at a compound annual growth rate (CAGR) of 16.8% from 2025 to 2030.
Sensors: Technologies and Global Markets
The global market for sensors was valued at $195.1 billion in 2024 and is estimated to increase from $212.5 billion in 2025 to reach $323.3 billion by 2030, at a compound annual growth rate (CAGR) of 8.7% from 2025 through 2030.
Autonomous Underwater Vehicles: Global Markets to 2030
The global market for autonomous underwater vehicles (AUVs) was valued at $2.4 billion in 2024 and is estimated to increase from $2.7 billion in 2025 to reach $5.9 billion by 2030, at a compound annual growth rate (CAGR) of 16.7% from 2025 through 2030.
2024 Robotics Technology Research Review
This 2024 Research Review of Robotics Technology Market provides a sampling of the type of quantitative market information, analysis, and guidance that BCC Research has been developing since its inception in 1971 to help its customers make informed business decisions.
2024 Instrumentation & Sensors Research Review
This 2024 Instrumentation and Sensors Research Review provides a sampling of the type of quantitative market information, analysis, and guidance that BCC Research has been developing since its inception in 1971 to help its customers make informed business decisions.
Report Highlights
The global market for intelligent transportation system (ITS) devices was valued at $41.9 billion in 2013 and $52.3 billion in 2014. This market should reach $111.8 billion by 2019, with a compound annual growth rate (CAGR) of 16.4% from 2014 to 2019.
Report Includes
- An overview of the global market for intelligent transportation systems (ITS) and related technologies and applications.
- Analyses of global market trends, with data from 2012 through 2014, and projections of CAGRs through 2019.
- Analysis of intelligent transportation system devices by functional category, application, vehicle type, geography, and other factors.
- Examination of crucial innovative breakthroughs as well as a detailed patent analysis.
- Comprehensive profiles of major players in the ITS industry.
Report Highlights
-
BCC Research forecasts strong growth for the intelligent transportation systems (ITS) device market. The worldwide market is valued at $24 billion in 2010 and is expected to increase at a 22.2% compound annual growth rate (CAGR) during the forecast period to reach a value of $65 billion in 2015.
-
The Asia-Pacific (APAC) region, endowed with a favorable manufacturing climate and above-average innovation skills, will consolidate its position as the powerhouse of the ITS market. This region is valued at nearly $9.5 billion in 2010 and is expected to increase at a 24% compound annual growth rate (CAGR) to reach nearly $28 billion in 2015.
-
The fastest-growing market will be the Caribbean and Latin America (CALA) region for the sheer gap that exists between the latent demand and supply. This region is valued at nearly $2.3 billion in 2010 and is expected to reach $7.3 billion in 2015, a compound annual growth rate (CAGR) of 26.4%.
Become A Member
BCC Research offers a comprehensive library of reports, granting members unlimited access to data, insights, and market intelligence for informed business decisions, while actively supporting members in their evolving journeys and prioritizing high-quality, relevant topics based on continuous engagement with the research community.
Find Out MoreCustom Consulting
BCC Research emphasizes the importance of organizations leveraging highly customized market insights aligned with specific strategic business objectives through direct engagement with primary sources and proprietary forecasting models for profitable decision-making in maximizing growth opportunities and minimizing risks.
Customize NowScorecard
The Venture Scorecard provides commercialization offices and decision makers with expert analysis, offering strategic insights crucial for aligning objectives with market realities at various stages of commercializing new products or evaluating investment opportunities, from opportunity assessment to growth planning.
Find Out MoreInnovation Spotlight
Our industry experts offer strategic guidance to maximize the market potential of commercialized products, patents, and IP by providing insights into market trends, competitive dynamics, and effective positioning, using the Innovation Spotlight service for enhanced exposure to thought leaders and the wider community.
Find Out More