- Smart transportation systems in Europe integrate advanced technologies such as IoT, AI, big data, and 5G to optimize roadways, railways, airways, and maritime transport, improving efficiency, safety, and sustainability.
- The market is propelled by the European Union’s focus on carbon-neutral transportation, advancements in autonomous vehicle technologies, and significant investments in smart infrastructure.
- Germany holds a significant market share due to its advanced automotive industry, high adoption of smart mobility solutions, and presence of key players like Siemens AG.
- The Netherlands is expected to register the fastest growth, fueled by innovative urban mobility projects, such as those in Amsterdam, and strong sustainability policies.
- The Traffic Management Solution segment is projected to account for a significant market share of approximately 42.77% in 2025, driven by demand for real-time, efficient transit systems in urban centers.
