North America Smart Transportation Market to 2032
Overview
The North America Smart Transportation Market is expected to reach a 394,162.31 USD Billion by 2032 and is projected to grow at a CAGR of 26.67% from 2025 to 2032.
Revenue, 2024 (USD Billion)
90,687.86
Forecast, 2032 (USD Billion)
394,162.31
CAGR, 2024 - 2032
26.67%
Report Coverage
North America
North America Smart Transportation Market 2018-2032 USD Billion
North America Smart Transportation Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 90,687.86 USD Billion
- Projected Market Size (2032): 394,162.31 USD Billion
- CAGR (2025-2032): 26.67%
Key Findings of North America Smart Transportation Market
- The North America Smart Transportation Market was valued at 90,687.86 USD Billion in 2024.
- The North America Smart Transportation Market is likely to grow at a CAGR of 26.67% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Cloud Services in Service Segment accounted for the largest share of the market with a revenue of 58,012.02 USD Billion
- The fastest growing segment Traffic Management Solution in Solution Segment grew Fastest with a CAGR of 27.89% during the forecast period from 2024 to 2032.
North America Smart Transportation Market Scope
North America Smart Transportation Market Segmentation & Scope
Transportation Mode
- Waterways
- Airways
- Railways
- Roadways
Service
- Professional Services
- Cloud Services
Solution
- Insurance Telematics Solution
- Integrated Supervision Solution
- Parking Management Solution
- Smart Ticketing Solution
- Passenger Information Solution
- Traffic Management Solution
North America Smart Transportation Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2022 |
| Unit | Revenue in USD Billion |
| Market Value in 2024 | 90,687.86 USD Billion |
| Market Value in 2032 | 394,162.31 USD Billion |
| CAGR (2025-2032) | 26.67% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Transportation Mode,Service,Solution |
Regional Insights:
-
Leading Market (2024-2032): North America, leading in terms of revenue 90,687.86 USD Billion in 2024
- Key Country: U.S., leading in terms of revenue with value of 78,966.78 USD Billion in 2024.
Segments and Scope
-
North America Smart Transportation Market to 2032, By Transportation Mode
- Roadways is the largest segment in North America Smart Transportation Market to 2032 with a revenue of 41,217.48 USD Billion in the year 2024.
- Roadways is the Fastest growing segment in North America Smart Transportation Market to 2032 with a Growth rate of 27.55 % in forecast period 2025-2032.
-
North America Smart Transportation Market to 2032, By Service
- Cloud Services is the largest segment in North America Smart Transportation Market to 2032 with a revenue of 58,012.02 USD Billion in the year 2024.
- Cloud Services is the Fastest growing segment in North America Smart Transportation Market to 2032 with a Growth rate of 27.32 % in forecast period 2025-2032.
-
North America Smart Transportation Market to 2032, By Solution
- Traffic Management Solution is the largest segment in North America Smart Transportation Market to 2032 with a revenue of 28,490.83 USD Billion in the year 2024.
- Traffic Management Solution is the Fastest growing segment in North America Smart Transportation Market to 2032 with a Growth rate of 27.89 % in forecast period 2025-2032.
North America Smart Transportation Market Company Share Analysis
| Company Name |
|
||
| IBM Corporation | |||
| Thales | |||
| Siemens | |||
| Schneider Electric | |||
| Cisco Systems, Inc. | |||
North America Smart Transportation Market Geographical Sales Distribution, 2018-2032 USD Billion
North America Smart Transportation Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The North America Smart Transportation Market is segmented based on Segmentation Transportation Mode,Service,Solution.
North America Smart Transportation Market was valued at USD 90,687.86(Revenue in USD Billion) in 2022.
North America Smart Transportation Market is projected to grow at a CAGR of 26.67% during the forecast period of 2024 to 2032.
The Cloud Services segment is expected to dominate the North America Smart Transportation Market, holding a largest market share of 58,012.02 USD Billion in 2024
North America Smart Transportation Market Scope
North America Smart Transportation Market Segmentation & Scope
Transportation Mode
- Waterways
- Airways
- Railways
- Roadways
Service
- Professional Services
- Cloud Services
Solution
- Insurance Telematics Solution
- Integrated Supervision Solution
- Parking Management Solution
- Smart Ticketing Solution
- Passenger Information Solution
- Traffic Management Solution
Frequently Asked Questions
The North America Smart Transportation Market is segmented based on Segmentation Transportation Mode,Service,Solution.
North America Smart Transportation Market was valued at USD 90,687.86(Revenue in USD Billion) in 2022.
North America Smart Transportation Market is projected to grow at a CAGR of 26.67% during the forecast period of 2024 to 2032.
The estimated market value of the North America Smart Transportation Market for final year is USD 394,162.31 (USD Billion).
North America Smart Transportation Market Company Profiling
Frequently Asked Questions
The North America Smart Transportation Market is segmented based on Segmentation Transportation Mode,Service,Solution.
North America Smart Transportation Market was valued at USD 90,687.86(Revenue in USD Billion) in 2022.
North America Smart Transportation Market is projected to grow at a CAGR of 26.67% during the forecast period of 2024 to 2032.
The estimated market value of the North America Smart Transportation Market for final year is USD 394,162.31 (USD Billion).
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