The global smart transportation market, valued at USD 136.05 billion in 2024, is projected to grow at a compound annual growth rate (CAGR) of 12.91% from 2025 to 2034, driven by rapid urbanization, the rise of connected and autonomous vehicles, and increasing investments in intelligent infrastructure. As cities worldwide grapple with congestion, pollution, and aging transportation networks,...
The global smart transportation market, valued at USD 136.05 billion in 2024, is anticipated to expand at a CAGR of 12.91% from 2025 to 2034, with growth increasingly driven by segment-wise performance across product types, end-user applications, and technological platforms. The market can be segmented by product type into intelligent traffic management systems (ITMS), advanced public...
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