Italy Intelligent Transportation System Market Overview, 2029

Italy Intelligent Transportation System Market Overview, 2029

Since its inception in the late 1980s, Intelligent Transport Systems (ITS) in Italy have evolved gradually but transformatively. Initially, ITS endeavours focused on experimental pilot projects aimed at improving traffic management efficiency and disseminating information to public transportation systems. These early endeavours laid the groundwork for a broader range of applications that would eventually encompass a wide range of technological advancements in transportation, including smart ticketing solutions, the integration of connected vehicles, and the implementation of advanced driver-assistance systems (ADAS). Recent industry news highlights key advances in Italy's ITS sector. For example, Hitachi train was awarded a contract to provide ERTMS digital signalling on a significant piece of the Italian train network, demonstrating advances in rail technology. Furthermore, the government's announcement of an investment plan for CAV development reflects a strong commitment to embracing new technology and encouraging innovation in the transportation sector. Furthermore, some Italian cities are testing smart parking systems, highlighting continued attempts to address urban mobility issues and enhance overall traffic management.

According to the research report ""Italy Intelligent Transport System Market Research Report, 2029,"" published by Actual Market Research, the Italy Intelligent Transport System market was valued more than USD 500 Million in 2023. Within Italy's cultural and societal backdrop, there has been a noticeable trend toward prioritising sustainability and safety in the transportation industry. This transition is reflected in the growing use of ITS systems, which is driven by both public demand for more efficient and environmentally friendly forms of transportation and the government's strategic goals to encourage digitization and smart city development. However, the path to widespread ITS installation is not without hurdles. Cultural reluctance to change, deeply ingrained habits, and worries about data privacy and security are key barriers that must be overcome in order to successfully integrate ITS technologies into everyday transportation routines. Italian drivers encounter a variety of obstacles on the road, with traffic congestion being a major issue, particularly in heavily populated cities. Furthermore, Italy has historically had a high number of road accidents, necessitating the urgent need for novel ITS solutions that can give real-time traffic updates, assist efficient route planning, and combine advanced collision avoidance technology to improve road safety.

Comvision offers an Advanced/Highway Traffic Management System (ATMS/HTMS), a comprehensive solution leveraging cutting-edge technologies to optimise traffic flow on highways, alleviate congestion, monitor incidents, and enhance driver safety. Advanced Traveler Information Systems (ATIS) gather, analyse, and present information to aid travellers in navigating from their origin to destination. Advanced Public Transportation Systems (APTS) encompass advanced navigation and communication technologies enhancing safety, reliability, and convenience in public transportation, providing timely transit information to passengers through Information and Communication Technology (ICT) solutions. Emergency Medical Services (EMS) deliver emergency medical care to individuals with severe illnesses or injuries, commonly referred to as ambulance or paramedic services. Commercial Vehicle Operations (CVO) deploy Intelligent Transportation Systems (ITS) in trucking operations, managing freight and passenger transport and regulatory activities. Automatic Number Plate Recognition (ANPR) utilises computer vision and image processing to automatically scan and identify vehicle licence plates, employing optical character recognition (OCR) and video analytics for data capture. Modes of transportation include roadways, railways, airways, and marine routes, each presenting unique challenges and opportunities for ITS implementation. Components of ITS encompass hardware, software, and services, essential for the seamless integration and operation of intelligent transportation solutions across diverse infrastructures and environments.

From a policy and regulatory standpoint, the Italian government has taken a proactive approach to encouraging the development and implementation of ITS solutions. Key policy instruments such as the National Strategy for Sustainable Urban Mobility (SUMP) and the National Operational Plan for ITS (PON ITS) serve as strategic frameworks for guiding ITS implementation activities across the country. Italy uses money and expertise from the European Union's Connecting Europe Facility (CEF) to expedite the adoption of ITS infrastructure and applications, in line with broader European ambitions to advance sustainable and efficient transportation systems. Italy is positioned to use the transformative potential of ITS to design a more resilient, accessible, and sustainable transportation ecosystem for its residents through collaborative efforts across government agencies, industry players, and the general public. Italy's ITS (Intelligent Transportation Systems) business is heavily reliant on imports for critical components like semiconductors and sensors. This dependence exposes supply chain weaknesses, emphasising the importance of strategic actions to strengthen domestic production capabilities. To address this, the Italian government has taken a proactive approach, as seen by programs such as the National Plan for Industrial Made in Italy (Piano Nazionale Industria 4.0). This plan seeks to reinvigorate the domestic manufacturing sector, notably in high-tech fields such as ITS solutions. Italy hopes to lessen its reliance on foreign suppliers by promoting domestic production and innovation.

The Italian Intelligent Transportation Systems (ITS) market offers numerous prospects across multiple sectors. For starters, traffic management systems provide opportunities for improving traffic flow and minimising congestion, addressing a critical issue in urban areas. Public transport information systems are critical for giving real-time information to passengers, improving their experience, and increasing the efficiency of public transportation networks. Furthermore, the introduction of connected and autonomous cars (CAVs) creates opportunities to improve road safety and efficiency. Smart parking solutions address the issue of parking shortage and strive to improve the user experience by offering easy parking options. Trade fairs like the ""Smart City Expo"" and the ""ITS World Congress"" provide essential networking opportunities and showcase developments in the ITS field. These meetings bring together industry leaders, policymakers, and innovators to explore emerging trends, form alliances, and demonstrate cutting-edge technology.
Considered in this report
• Historic year: 2018
• Base year: 2023
• Estimated year: 2024
• Forecast year: 2029

Aspects covered in this report
• Intelligent Transportation market Outlook with its value and forecast along with its segments
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation

By Type
• Advanced Traffic Management Systems (ATMS)
• Advanced Traveller Information Systems (ATIS)
• Advanced Transportation Pricing Systems (ATPS)
• Advanced Public Transportation Systems (APTS)
• Emergency Medical Systems (EMS)
• Commercial Vehicle Operation (CVO)
• Automatic Number Plate Recognition (ANPR)

By Mode of Transportation
• Roadways (Traffic management, Road safety, Parking management, Freight management, Automotive Telematics, Others (Ticketing Management, Emergency Vehicle Notification, Environment Protection, etc.)
• Railways (Rail-running Operation and Collision Avoidance, Passenger Information Management, Smart Ticketing, Security Surveillance, Emergency Notification, Others)
• Airways (Security & Surveillance, Shuttle Bus Tracking, Traveller Information Management, Smart Ticketing, Aircraft Management, Emergency Notification, Others)
• Marine (Freight Arrival & Transit, Real-time Weather Information Tracking, Container Movement Scheduling, Emergency Notification, Others)

By Component
• Hardware (Interface Boards, Sensors, Surveillance Cameras, Telecommunication Networks, Monitoring and Detection Systems, Others (Linked traffic controller & Variable message signboard))
• Software (Visualization Software, Video Detection Management Software, Transit Management Software, Others)
• Services (Business and Cloud Services and Support and Maintenance Services)

The approach of the report:
This report consists of a combined approach of primary and secondary research. Initially, secondary research was used to get an understanding of the market and list the companies that are present in it. The secondary research consists of third-party sources such as press releases, annual reports of companies, and government-generated reports and databases. After gathering the data from secondary sources, primary research was conducted by conducting telephone interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this; we have started making primary calls to consumers by equally segmenting them in regional aspects, tier aspects, age group, and gender. Once we have primary data with us, we can start verifying the details obtained from secondary sources.

Intended audience
This report can be useful to industry consultants, manufacturers, suppliers, associations, and organizations related to the Intelligent Transportation industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing and presentations, it will also increase competitive knowledge about the industry.

Considered in this report
• Historic year: 2018
• Base year: 2023
• Estimated year: 2024
• Forecast year: 2029

Aspects covered in this report
• Intelligent Transportation market Outlook with its value and forecast along with its segments
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation

By Type
• Advanced Traffic Management Systems (ATMS)
• Advanced Traveller Information Systems (ATIS)
• Advanced Transportation Pricing Systems (ATPS)
• Advanced Public Transportation Systems (APTS)
• Emergency Medical Systems (EMS)
• Commercial Vehicle Operation (CVO)
• Automatic Number Plate Recognition (ANPR)

By Mode of Transportation
• Roadways (Traffic management, Road safety, Parking management, Freight management, Automotive Telematics, Others (Ticketing Management, Emergency Vehicle Notification, Environment Protection, etc.)
• Railways (Rail-running Operation and Collision Avoidance, Passenger Information Management, Smart Ticketing, Security Surveillance, Emergency Notification, Others)
• Airways (Security & Surveillance, Shuttle Bus Tracking, Traveller Information Management, Smart Ticketing, Aircraft Management, Emergency Notification, Others)
• Marine (Freight Arrival & Transit, Real-time Weather Information Tracking, Container Movement Scheduling, Emergency Notification, Others)

By Component
• Hardware (Interface Boards, Sensors, Surveillance Cameras, Telecommunication Networks, Monitoring and Detection Systems, Others (Linked traffic controller & Variable message signboard))
• Software (Visualization Software, Video Detection Management Software, Transit Management Software, Others)
• Services (Business and Cloud Services and Support and Maintenance Services)

The approach of the report:
This report consists of a combined approach of primary and secondary research. Initially, secondary research was used to get an understanding of the market and list the companies that are present in it. The secondary research consists of third-party sources such as press releases, annual reports of companies, and government-generated reports and databases. After gathering the data from secondary sources, primary research was conducted by conducting telephone interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this; we have started making primary calls to consumers by equally segmenting them in regional aspects, tier aspects, age group, and gender. Once we have primary data with us, we can start verifying the details obtained from secondary sources.

Intended audience
This report can be useful to industry consultants, manufacturers, suppliers, associations, and organizations related to the Intelligent Transportation industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing and presentations, it will also increase competitive knowledge about the industry.