Australia Smart Transportation Market Overview, 2029

Australia Smart Transportation Market Overview, 2029


Australia's smart transportation journey began in the early 2000s with individual trials and pilot projects focused on traffic management and public transport ticketing systems. The National ITS Strategy (2009) provided a national framework, leading to initiatives like the Cooperative Intelligent Transport Systems (C-ITS) program. Since then, the market has seen significant growth, driven by government investments, technological advancements, and increasing urbanisation. Australia's cultural emphasis on safety, efficiency, and environmental sustainability fuels the smart transportation market. Growing urban populations and rising congestion are driving demand for solutions like connected and autonomous vehicles (CAVs), intelligent traffic management systems (ITMS), and MaaS (Mobility as a Service) platforms. Additionally, increasing smartphone penetration and tech-savvy consumers create a receptive market for app-based mobility solutions.

According to the research report ""Australia Smart Transportation Market Overview, 2029,"" published by Bonafide Research, the Australian Smart Transportation market is expected to add more than USD 350 Million from 2024 to 2029. Drivers for the smart transportation market in Australia include government initiatives such as the National Future Transport Strategy and National Connected Vehicle Roadmap, aimed at fostering innovation and efficiency. Urbanization and increasing congestion are propelling the demand for smarter traffic management and public transport solutions. Environmental concerns are prompting investments in electric vehicles and green infrastructure to meet sustainability goals. Technological advancements in IoT, AI, and sensors are facilitating innovative transportation solutions. Additionally, shifting consumer preferences towards convenient and personalized travel experiences are driving the adoption of Mobility-as-a-Service (MaaS) and user-centric solutions. However, challenges such as high upfront costs, data privacy concerns, integration issues, public acceptance, and the need for clear regulations and standards pose hurdles to market growth and widespread adoption of smart transportation technologies in Australia.

By Solution, the Traffic Management System (TMS) segment is expected to surge due to escalating urban traffic congestion, necessitating solutions such as adaptive traffic lights and real-time incident management. Additionally, the Ticketing Management System (TMS) segment is witnessing increased interest, fueled by the adoption of contactless ticketing and integrated fare systems, especially in the public transport sector aligning with Mobility as a Service (MaaS) platforms. Furthermore, the Parking Management and Guidance System (PMGS) segment is set to thrive with sensor-based availability detection and dynamic pricing amid limited urban parking space. Integrated Supervision System (ISS) solutions are gaining traction due to the growing demand for unified transportation management platforms, offering features like data aggregation and real-time monitoring.

In terms of Transportation Mode, the Roadway segment is poised to dominate, supported by high car penetration and ongoing investments in road infrastructure, while Railway solutions are driven by smart ticketing and automated train control systems aiming for seamless travel integration. Airway solutions focus on traffic management optimization and passenger experience enhancements, whereas Maritime solutions promise efficient port management and logistics optimization. In the Services sector, Business Services including consulting and system integration, Professional Services such as data analytics and cybersecurity, and Cloud Services providing scalability and cost efficiency are all set to play pivotal roles. Applications like Mobility as a Service (MaaS), Route Information and Guidance, Public Transport enhancements, Transit Hubs integration, and Connected Cars features, along with Video Management solutions for traffic monitoring and security surveillance.

In Australia, the policy and regulatory landscape for smart transportation is multifaceted, spanning federal, state, and local levels. At the federal level, the Australian Government Smart Cities Plan underscores support for smart transportation, while the Department of Infrastructure, Transport, Regional Development and Communications and the Australian Competition and Consumer Commission oversee various aspects of transportation regulation, including smart technologies. State and territory governments also play crucial roles, with initiatives like Victoria's ""Smart Transport Strategy"" and New South Wales' ""Connected and Automated Vehicle Strategy."" Local governments, responsible for infrastructure like roads and public transport, are instrumental in implementation. Key regulatory considerations include adherence to the Australian Privacy Act 1988 for data privacy, guidance from the Australian Signals Directorate for cybersecurity, compliance with safety standards set by bodies like the Australian Road Transport Standards Organisation, and encouragement of interoperable solutions by the government. While a national certification scheme is lacking, organizations like Intelligent Transport Systems Australia and the Australian Communications and Media Authority offer relevant certifications.

The smart transportation market in Australia is poised for significant growth, driven by technological advancements, government initiatives, and the increasing demand for sustainable transportation solutions. Despite challenges such as high initial investment and regulatory hurdles, the market offers ample opportunities for innovation and collaboration. Market players need to focus on developing scalable, interoperable solutions that address the evolving needs of urban transportation and contribute to the development of smarter, more sustainable cities in Australia.


1. Executive Summary
2. Market Structure
2.1. Market Considerate
2.2. Assumptions
2.3. Limitations
2.4. Abbreviations
2.5. Sources
2.6. Definitions
2.7. Geography
3. Research Methodology
3.1. Secondary Research
3.2. Primary Data Collection
3.3. Market Formation & Validation
3.4. Report Writing, Quality Check & Delivery
4. Australia Macro Economic Indicators
5. Market Dynamics
5.1. Key Findings
5.2. Key Developments - 2021
5.3. Market Drivers & Opportunities
5.4. Market Restraints & Challenges
5.5. Market Trends
5.6. Covid-19 Effect
5.7. Supply chain Analysis
5.8. Policy & Regulatory Framework
5.9. Industry Experts Views
6. Australia Smart Transportation Market Overview
6.1. Market Size By Value
6.2. Market Size and Forecast By Solution
6.3. Market Size and Forecast By Transportation Mode
6.4. Market Size and Forecast By Services
6.5. Market Size and Forecast By Application
7. Australia Smart Transportation Market Segmentations
7.1. Australia Smart Transportation Market, By Solution
7.1.1. Australia Smart Transportation Market Size, By Traffic Management System, 2018-2029
7.1.2. Australia Smart Transportation Market Size, By Ticketing Management System, 2018-2029
7.1.3. Australia Smart Transportation Market Size, By Parking Management and Guidance System, 2018-2029
7.1.4. Australia Smart Transportation Market Size, By Integrated Supervision System, 2018-2029
7.2. Australia Smart Transportation Market, By Transportation Mode
7.2.1. Australia Smart Transportation Market Size, By Roadway, 2018-2029
7.2.2. Australia Smart Transportation Market Size, By Railway, 2018-2029
7.2.3. Australia Smart Transportation Market Size, By Airway, 2018-2029
7.2.4. Australia Smart Transportation Market Size, By Maritime, 2018-2029
7.3. Australia Smart Transportation Market, By Services
7.3.1. Australia Smart Transportation Market Size, By Business, 2018-2029
7.3.2. Australia Smart Transportation Market Size, By Professional, 2018-2029
7.3.3. Australia Smart Transportation Market Size, By Cloud Services, 2018-2029
7.4. Australia Smart Transportation Market, By Application
7.4.1. Australia Smart Transportation Market Size, By Mobility as a Service, 2018-2029
7.4.2. Australia Smart Transportation Market Size, By Route Information and Route Guidance, 2018-2029
7.4.3. Australia Smart Transportation Market Size, By Public Transport, 2018-2029
7.4.4. Australia Smart Transportation Market Size, By Transit Hubs, 2018-2029
7.4.5. Australia Smart Transportation Market Size, By Connected Cars, 2018-2029
7.4.6. Australia Smart Transportation Market Size, By Video Management, 2018-2029
7.4.7. Australia Smart Transportation Market Size, By Others, 2018-2029
8. Australia Smart Transportation Market Opportunity Assessment
8.1. By Solution, 2024 to 2029
8.2. By Transportation Mode, 2024 to 2029
8.3. By Services, 2024 to 2029
8.4. By Application, 2024 to 2029
9. Competitive Landscape
9.1. Porter's Five Forces
9.2. Company Profile
9.2.1. Company 1
9.2.1.1. Company Snapshot
9.2.1.2. Company Overview
9.2.1.3. Financial Highlights
9.2.1.4. Geographic Insights
9.2.1.5. Business Segment & Performance
9.2.1.6. Product Portfolio
9.2.1.7. Key Executives
9.2.1.8. Strategic Moves & Developments
9.2.2. Company 2
9.2.3. Company 3
9.2.4. Company 4
9.2.5. Company 5
9.2.6. Company 6
9.2.7. Company 7
9.2.8. Company 8
10. Strategic Recommendations
11. Disclaimer
List of Figures
Figure 1: Australia Smart Transportation Market Size By Value (2018, 2023 & 2029F) (in USD Million)
Figure 2: Market Attractiveness Index, By Solution
Figure 3: Market Attractiveness Index, By Transportation Mode
Figure 4: Market Attractiveness Index, By Services
Figure 5: Market Attractiveness Index, By Application
Figure 6: Porter's Five Forces of Australia Smart Transportation Market
List of Tables
Table 1: Influencing Factors for Australia Smart Transportation Market, 2023
Table 2: Australia Smart Transportation Market Size and Forecast By Solution (2018, 2023 & 2029F)
Table 3: Australia Smart Transportation Market Size and Forecast By Transportation Mode (2018, 2023 & 2029F)
Table 4: Australia Smart Transportation Market Size and Forecast By Services (2018, 2023 & 2029F)
Table 5: Australia Smart Transportation Market Size and Forecast By Application (2018, 2023 & 2029F)
Table 6: Australia Smart Transportation Market Size of Traffic Management System (2018 to 2029) in USD Million
Table 7: Australia Smart Transportation Market Size of Ticketing Management System (2018 to 2029) in USD Million
Table 8: Australia Smart Transportation Market Size of Parking Management and Guidance System (2018 to 2029) in USD Million
Table 9: Australia Smart Transportation Market Size of Integrated Supervision System (2018 to 2029) in USD Million
Table 10: Australia Smart Transportation Market Size of Roadway (2018 to 2029) in USD Million
Table 11: Australia Smart Transportation Market Size of Railway (2018 to 2029) in USD Million
Table 12: Australia Smart Transportation Market Size of Airway (2018 to 2029) in USD Million
Table 13: Australia Smart Transportation Market Size of Maritime (2018 to 2029) in USD Million
Table 14: Australia Smart Transportation Market Size of Business (2018 to 2029) in USD Million
Table 15: Australia Smart Transportation Market Size of Professional (2018 to 2029) in USD Million
Table 16: Australia Smart Transportation Market Size of Cloud Services (2018 to 2029) in USD Million
Table 17: Australia Smart Transportation Market Size of Mobility as a Service (2018 to 2029) in USD Million
Table 18: Australia Smart Transportation Market Size of Route Information and Route Guidance (2018 to 2029) in USD Million
Table 19: Australia Smart Transportation Market Size of Public Transport (2018 to 2029) in USD Million
Table 20: Australia Smart Transportation Market Size of Transit Hubs (2018 to 2029) in USD Million
Table 21: Australia Smart Transportation Market Size of Connected Cars (2018 to 2029) in USD Million
Table 22: Australia Smart Transportation Market Size of Video Management (2018 to 2029) in USD Million
Table 23: Australia Smart Transportation Market Size of IGH (2018 to 2029) in USD Million

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