In 2020, the global market for intelligent transportation systems was valued at almost 22 billion U.S. dollars, before dropping to some three billion U.S. dollars in 2021 amid the COVID-19 pandemic. It is projected that by 2031, the size of this market will reach over 28 billion U.S. dollars.
Size of the global market for intelligent transportation systems in 2020 and 2021, with a forecast for 2031, by segment
(in million U.S. dollars)
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Size of the global market for intelligent transportation systems in 2020 and 2021, with a forecast for 2031, by segment
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BIS Research. (October 11, 2022). Size of the global market for intelligent transportation systems in 2020 and 2021, with a forecast for 2031, by segment (in million U.S. dollars) [Graph]. In Statista. Retrieved May 15, 2025, from https://www.statista.com/statistics/1339654/global-intelligent-transportation-systems-market-size-by-segment/
BIS Research. "Size of the global market for intelligent transportation systems in 2020 and 2021, with a forecast for 2031, by segment (in million U.S. dollars)." Chart. October 11, 2022. Statista. Accessed May 15, 2025. https://www.statista.com/statistics/1339654/global-intelligent-transportation-systems-market-size-by-segment/
BIS Research. (2022). Size of the global market for intelligent transportation systems in 2020 and 2021, with a forecast for 2031, by segment (in million U.S. dollars). Statista. Statista Inc.. Accessed: May 15, 2025. https://www.statista.com/statistics/1339654/global-intelligent-transportation-systems-market-size-by-segment/
BIS Research. "Size of The Global Market for Intelligent Transportation Systems in 2020 and 2021, with a Forecast for 2031, by Segment (in Million U.S. Dollars)." Statista, Statista Inc., 11 Oct 2022, https://www.statista.com/statistics/1339654/global-intelligent-transportation-systems-market-size-by-segment/
BIS Research, Size of the global market for intelligent transportation systems in 2020 and 2021, with a forecast for 2031, by segment (in million U.S. dollars) Statista, https://www.statista.com/statistics/1339654/global-intelligent-transportation-systems-market-size-by-segment/ (last visited May 15, 2025)
Size of the global market for intelligent transportation systems in 2020 and 2021, with a forecast for 2031, by segment (in million U.S. dollars) [Graph], BIS Research, October 11, 2022. [Online]. Available: https://www.statista.com/statistics/1339654/global-intelligent-transportation-systems-market-size-by-segment/
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