Smart Highway Market Size, Share & Trend Analysis Report By Technology (Intelligent Transport Management System, Monitoring System), By Displays (Variable Message Signs, Digital Signage), By Deployment, By Region, And Segment Forecasts, 2024 - 2030

Smart Highway Market Size, Share & Trend Analysis Report By Technology (Intelligent Transport Management System, Monitoring System), By Displays (Variable Message Signs, Digital Signage), By Deployment, By Region, And Segment Forecasts, 2024 - 2030


Smart Highway Market Size & Trends

The global smart highways market size was estimated at USD 57.45 billion in 2023 and is projected to grow at a CAGR of 19.3% from 2024 to 2030. This growth is driven by technological advancements, including IoT integration for improved traffic monitoring and management, government initiatives to modernize transportation infrastructure, and solutions to combat urbanization-induced traffic congestion. Environmental concerns are also promoting smart highways, which feature energy-efficient lighting, EV charging stations, and smart grids. Enhanced safety features, such as automated incident detection and real-time alerts, further drive the adoption of smart highway technologies.

The growth of the smart highways market is significantly influenced by economic growth and infrastructure development, mainly in emerging economies, where investments in smart highways are essential for enhancing connectivity and supporting economic activities. Public-private partnerships (PPPs) are playing a vital role in accelerating the implementation of smart highway projects, leveraging private sector expertise and funding for quicker project completion and innovation. The global push towards developing smart cities is creating a demand for integrated transportation systems, with smart highways being vital components that offer efficient and sustainable mobility solutions. Additionally, advanced data analytics and AI are enhancing smart highway capabilities, enabling predictive maintenance, optimized traffic flows, and personalized user experiences.

The rise of autonomous vehicles (AVs) is further driving the need for smart highway infrastructure, which supports AV operations through advanced communication networks and real-time data exchange. Consumer demand for improved travel experiences, including safer, more efficient, and more convenient journeys, is being met by smart highways with dynamic toll pricing, real-time traffic updates, and smart parking solutions. Global competitiveness is another factor, as countries invest in smart highway technologies to attract businesses, tourism, and investments by offering modern transportation infrastructure. Moreover, smart highways enhance disaster management and resilience with technologies that provide real-time monitoring and automated response systems to ensure quicker recovery and minimize disruptions during emergencies.

Global Smart Highway Market Report Segmentation

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2017 to 2030. For this study, Grand View Research has segmented the global smart highway market report based on technology, displays, deployment, and region:
  • Technology Outlook (Revenue, USD Million, 2017 - 2030)
  • Intelligent Transport Management System
  • Lane Departure Warning System (LDW)
  • Automatic Number Plate Recognition (ANPR)
  • Incident Detection System
  • Radio Frequency Identification (RFID)
  • Intelligent Traffic Management System
  • Electronic Toll Collection System
  • Global Navigation Satellite System (GNSS)/Global Positioning System (GPS)
  • Real-Time Traffic Management
  • Communication System
  • Radio Network
  • Emergency Network
  • Data Network
  • Monitoring System
  • Traffic Measurement
  • Weather Management
  • Video Surveillance
  • Displays Outlook (Revenue, USD Million, 2017 - 2030)
  • Variable Message Signs
  • Digital Signage
  • Others
  • Deployment Outlook (Revenue, USD Million, 2017 - 2030)
  • Cloud
  • On-premises
  • Regional Outlook (Revenue, USD Million, 2017 - 2030)
  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • UK
  • Germany
  • France
  • Asia Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea
  • Latin America
  • Brazil
  • MEA
  • UAE
  • South Africa
  • KSA
Please note The report will be delivered in 4-8 business days upon order notification.


Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope And Assumptions
1.3. Information Procurement
1.3.1. Purchased Database
1.3.2. GVR’s Internal Database
1.3.3. Secondary Sources & Third-party Perspectives
1.3.4. Primary Research
1.4. Information Analysis
1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segmental Outlook
2.3. Competitive Insights
Chapter 3. Market Variables, Trends, And Scope
3.1. Market Lineage
3.2. Industry Value Chain Analysis
3.3. Smart Highway Market - Market Dynamics
3.3.1. Market Driver Analysis
3.3.1.1. Growing Investment In Infrastructure Developments
3.3.1.2. Increase In Deployment Of Advanced Technologies
3.3.2. Market Restraint Analysis
3.3.2.1. High Initial Costs
3.3.3. Industry Challenges
3.3.4. Industry Opportunities
3.4. Business Environmental Tools Analysis: Smart Highway Market
3.4.1. Porter’s Five Forces Analysis
3.4.1.1. Bargaining Power Of Suppliers
3.4.1.2. Bargaining Power Of Buyers
3.4.1.3. Threat Of Substitution
3.4.1.4. Threat Of New Entrants
3.4.1.5. Competitive Rivalry
3.4.2. Pestle Analysis
3.4.2.1. Political Landscape
3.4.2.2. Economic Landscape
3.4.2.3. Social Landscape
3.4.2.4. Technology Landscape
3.4.2.5. Environmental Landscape
3.4.2.6. Legal Landscape
Chapter 4. Smart Highway Market: Technology Estimates & Trend Analysis
4.1. Smart Highway Market, By Technology: Key Takeaways
4.2. Smart Highway Market: Technology Movement Analysis, 2023 & 2030
4.3. Intelligent Transport Management System
4.3.1. Market Estimates And Forecasts, 2017 - 2030 (USD Million)
4.3.1.1. Lane Departure Warning System (Ldw)
4.3.1.2. Automatic Number Plate Recognition (Anpr)
4.3.1.3. Incident Detection System
4.3.1.4. Radio Frequency Identification (Rfid)
4.4. Intelligent Traffic Management System
4.4.1. Market Estimates And Forecasts, 2017 - 2030 (USD Million)
4.4.1.1. Electronic Toll Collection System
4.4.1.2. Global Navigation Satellite System (Gnss)/global Positioning System (Gps)
4.4.1.3. Real-time Traffic Management
4.5. Communication System
4.5.1. Market Estimates And Forecasts, 2017 - 2030 (USD Million)
4.5.1.1. Radio Network
4.5.1.2. Emergency Network
4.5.1.3. Data Network
4.6. Monitoring System
4.6.1. Market Estimates And Forecasts, 2017 - 2030 (USD Million)
4.6.1.1. Traffic Measurement
4.6.1.2. Weather Management
4.6.1.3. Video Surveillance
Chapter 5. Smart Highway Market: Displays Estimates & Trend Analysis
5.1. Smart Highway Market, By Displays: Key Takeaways
5.2. Smart Highway Market: Displays Movement Analysis, 2023 & 2030
5.3. Variable Message Signs
5.3.1. Market Estimates And Forecasts, 2017 - 2030 (USD Million)
5.4. Digital Signage
5.4.1. Market Estimates And Forecasts, 2017 - 2030 (USD Million)
5.5. Others
5.5.1. Market Estimates And Forecasts, 2017 - 2030 (USD Million)
Chapter 6. Smart Highway Market: Deployment Estimates & Trend Analysis
6.1. Smart Highway Market, By Deployment: Key Takeaways
6.2. Smart Highway Market: Deployment Movement Analysis, 2023 & 2030
6.3. Cloud
6.3.1. Market Estimates And Forecasts, 2017 - 2030 (USD Million)
6.4. On-premises
6.4.1. Market Estimates And Forecasts, 2017 - 2030 (USD Million)
Chapter 7. Smart Highway Market: Regional Estimates & Trend Analysis
7.1. Smart Highwaymarket: Regional Movement Analysis, 2023 & 2030
7.2. North America
7.2.1. Market Estimates And Forecasts, 2017 - 2030 (USD Million)
7.2.2. North America Market Estimates And Forecasts, 2017 - 2030 (USD Million)
7.2.3. North America Smart Highways Market Estimates And Forecast, By Technology, 2017 - 2030 (USD Million)
7.2.4. North America Smart Highways Market Estimates And Forecast, By Deployment, 2017 - 2030 (USD Million)
7.2.5. North America Smart Highways Market Estimates And Forecast, By Displays, 2017 - 2030 (USD Million)
7.2.6. U.S.
7.2.6.1. Market Estimates And Forecasts, 2017 - 2030 (USD Million)
7.2.6.2. U.S. Smart Highway Market Estimates And Forecast, By Technology, 2017 - 2030 (USD Million)
7.2.6.3. U.S. Smart Highway Market Estimates And Forecast, By Deployment, 2017 - 2030 (USD Million)
7.2.6.4. U.S. Smart Highway Market Estimates And Forecast, By Displays, 2017 - 2030 (USD Million)
7.2.7. Canada
7.2.7.1. Market Estimates And Forecasts, 2017 - 2030 (USD Million)
7.2.7.2. Canada Smart Highway Market Estimates And Forecast, By Technology, 2017 - 2030 (USD Million)
7.2.7.3. Canada Smart Highway Market Estimates And Forecast, By Deployment, 2017 - 2030 (USD Million)
7.2.7.4. Canada Smart Highway Market Estimates And Forecast, By Displays, 2017 - 2030 (USD Million)
7.2.8. Mexico
7.2.8.1. Market Estimates And Forecasts, 2017 - 2030 (USD Million)
7.2.8.2. Mexico Smart Highway Market Estimates And Forecast, By Technology, 2017 - 2030 (USD Million)
7.2.8.3. Mexico Smart Highway Market Estimates And Forecast, By Deployment, 2017 - 2030 (USD Million)
7.2.8.4. Mexico Smart Highway Market Estimates And Forecast, By Displays, 2017 - 2030 (USD Million)
7.3. Europe
7.3.1. Market Estimates And Forecasts, 2017 - 2030 (USD Million)
7.3.2. Europe Market Estimates And Forecasts, 2017 - 2030 (USD Million)
7.3.3. Europe Smart Highway Market Estimates And Forecast, By Technology, 2017 - 2030 (USD Million)
7.3.4. Europe Smart Highways Market Estimates And Forecast, By Deployment, 2017 - 2030 (USD Million)
7.3.5. Europe Smart Highways Market Estimates And Forecast, By Display, 2017 - 2030 (USD Million)
7.3.6. Germany
7.3.6.1. Market Estimates And Forecasts, 2017 - 2030 (USD Million)
7.3.6.2. Germany Smart Highway Market Estimates And Forecast, By Technology, 2017 - 2030 (USD Million)
7.3.6.3. Germany Smart Highway Market Estimates And Forecast, By Deployment, 2017 - 2030 (USD Million)
7.3.6.4. Germany Smart Highway Market Estimates And Forecast, By Displays, 2017 - 2030 (USD Million)
7.3.7. U.k.
7.3.7.1. Market Estimates And Forecasts, 2017 - 2030 (USD Million)
7.3.7.2. U.k. Smart Highway Market Estimates And Forecast, By Technology, 2017 - 2030 (USD Million)
7.3.7.3. U.k. Smart Highway Market Estimates And Forecast, By Deployment, 2017 - 2030 (USD Million)
7.3.7.4. U.k. Smart Highway Market Estimates And Forecast, By Displays, 2017 - 2030 (USD Million)
7.3.8. France
7.3.8.1. Market Estimates And Forecasts, 2017 - 2030 (USD Million)
7.3.8.2. France Smart Highway Market Estimates And Forecast, By Technology, 2017 - 2030 (USD Million)
7.3.8.3. France Smart Highway Market Estimates And Forecast, By Deployment, 2017 - 2030 (USD Million)
7.3.8.4. France Smart Highway Market Estimates And Forecast, By Displays, 2017 - 2030 (USD Million)
7.4. Asia Pacific
7.4.1. Market Estimates And Forecasts, 2017 - 2030 (USD Million)
7.4.2. Asia Pacific Market Estimates And Forecasts, 2017 - 2030 (USD Million)
7.4.3. Asia Pacific Smart Highways Market Estimates And Forecast, By Technology, 2017 - 2030 (USD Million)
7.4.4. Asia Pacific Smart Highways Market Estimates And Forecast, By Deployment, 2017 - 2030 (USD Million)
7.4.5. Asia Pacific Smart Highways Market Estimates And Forecast, By Displays, 2017 - 2030 (USD Million)
7.4.6. China
7.4.6.1. Market Estimates And Forecasts, 2017 - 2030 (USD Million)
7.4.6.2. China Smart Highway Market Estimates And Forecast, By Technology, 2017 - 2030 (USD Million)
7.4.6.3. China Smart Highway Market Estimates And Forecast, By Deployment, 2017 - 2030 (USD Million)
7.4.6.4. China Smart Highway Market Estimates And Forecast, By Displays, 2017 - 2030 (USD Million)
7.4.7. Japan
7.4.7.1. Market Estimates And Forecasts, 2017 - 2030 (USD Million)
7.4.7.2. Japan Smart Highway Market Estimates And Forecast, By Technology, 2017 - 2030 (USD Million)
7.4.7.3. Japan Smart Highway Market Estimates And Forecast, By Deployment, 2017 - 2030 (USD Million)
7.4.7.4. Japan Smart Highway Market Estimates And Forecast, By Displays, 2017 - 2030 (USD Million)
7.4.8. India
7.4.8.1. Market Estimates And Forecasts, 2017 - 2030 (USD Million)
7.4.8.2. India Smart Highway Market Estimates And Forecast, By Technology, 2017 - 2030 (USD Million)
7.4.8.3. India Smart Highway Market Estimates And Forecast, By Deployment, 2017 - 2030 (USD Million)
7.4.8.4. India Smart Highway Market Estimates And Forecast, By Displays, 2017 - 2030 (USD Million)
7.4.9. Australia
7.4.9.1. Market Estimates And Forecasts, 2017 - 2030 (USD Million)
7.4.9.2. Australia Smart Highway Market Estimates And Forecast, By Technology, 2017 - 2030 (USD Million)
7.4.9.3. Australia Smart Highway Market Estimates And Forecast, By Deployment, 2017 - 2030 (USD Million)
7.4.9.4. Australia Smart Highway Market Estimates And Forecast, By Displays, 2017 - 2030 (USD Million)
7.4.10. South Korea
7.4.10.1. Market Estimates And Forecasts, 2017 - 2030 (USD Million)
7.4.10.2. South Korea Smart Highway Market Estimates And Forecast, By Technology, 2017 - 2030 (USD Million)
7.4.10.3. South Korea Smart Highway Market Estimates And Forecast, By Deployment, 2017 - 2030 (USD Million)
7.4.10.4. South Korea Smart Highway Market Estimates And Forecast, By Displays, 2017 - 2030 (USD Million)
7.5. Latin America
7.5.1. Market Estimates And Forecasts, 2017 - 2030 (USD Million)
7.5.2. Latin America Market Estimates And Forecasts, 2017 - 2030 (USD Million)
7.5.3. Latin America Smart Highway Market Estimates And Forecast, By Technology, 2017 - 2030 (USD Million)
7.5.4. Latin America Smart Highway Market Estimates And Forecast, By Deployment, 2017 - 2030 (USD Million)
7.5.5. Latin America Smart Highway Market Estimates And Forecast, By Displays, 2017 - 2030 (USD Million)
7.5.6. Brazil
7.5.6.1. Market Estimates And Forecasts, 2017 - 2030 (USD Million)
7.5.6.2. Brazil Smart Highway Market Estimates And Forecast, By Technology, 2017 - 2030 (USD Million)
7.5.6.3. Brazil Smart Highway Market Estimates And Forecast, By Deployment, 2017 - 2030 (USD Million)
7.5.6.4. Brazil Smart Highway Market Estimates And Forecast, By Displays, 2017 - 2030 (USD Million)
7.6. Middle East & Africa
7.6.1. Market Estimates And Forecasts, 2017 - 2030 (USD Million)
7.6.2. Middle East & Africa Market Estimates And Forecasts, 2017 - 2030 (USD Million)
7.6.3. Middle East & Africa Smart Highways Market Estimates And Forecast, By Technology, 2017 - 2030 (USD Million)
7.6.4. Middle East & Africa Smart Highways Market Estimates And Forecast, By Deployment, 2017 - 2030 (USD Million)
7.6.5. Middle East & Africa Smart Highways Market Estimates And Forecast, By Displays, 2017 - 2030 (USD Million)
7.6.6. KSA
7.6.6.1. Market Estimates And Forecasts, 2017 - 2030 (USD Million)
7.6.6.2. KSA Smart Highway Market Estimates And Forecast, By Technology, 2017 - 2030 (USD Million)
7.6.6.3. KSA Smart Highway Market Estimates And Forecast, By Deployment, 2017 - 2030 (USD Million)
7.6.6.4. KSA Smart Highway Market Estimates And Forecast, By Displays, 2017 - 2030 (USD Million)
7.6.7. UAE
7.6.7.1. Market Estimates And Forecasts, 2017 - 2030 (USD Million)
7.6.7.2. UAE Smart Highway Market Estimates And Forecast, By Technology, 2017 - 2030 (USD Million)
7.6.7.3. UAE Smart Highway Market Estimates And Forecast, By Deployment, 2017 - 2030 (USD Million)
7.6.7.4. UAE Smart Highway Market Estimates And Forecast, By Displays, 2017 - 2030 (USD Million)
7.6.8. South Africa
7.6.8.1. Market Estimates And Forecasts, 2017 - 2030 (USD Million)
7.6.8.2. South Africa Smart Highway Market Estimates And Forecast, By Technology, 2017 - 2030 (USD Million)
7.6.8.3. South Africa Smart Highway Market Estimates And Forecast, By Deployment, 2017 - 2030 (USD Million)
7.6.8.4. South Africa Smart Highway Market Estimates And Forecast, By Displays, 2017 - 2030 (USD Million)
Chapter 8. Competitive Landscape
8.1. Company Categorization
8.2. Company Market Positioning
8.3. Company Heat Map Analysis
8.4. Strategy Mapping
8.5. Company Profiles/listing
8.5.1. Ale International
8.5.1.1. Overview
8.5.1.2. Financial Performance
8.5.1.3. Product Benchmarking
8.5.1.4. Strategic Initiatives
8.5.2. Cisco Systems, Inc.
8.5.2.1. Overview
8.5.2.2. Financial Performance
8.5.2.3. Product Benchmarking
8.5.2.4. Strategic Initiatives
8.5.3. Huawei Technologies Co., Ltd.
8.5.3.1. Overview
8.5.3.2. Financial Performance
8.5.3.3. Product Benchmarking
8.5.3.4. Strategic Initiatives
8.5.4. IBM Corporation.
8.5.4.1. Overview
8.5.4.2. Financial Performance
8.5.4.3. Product Benchmarking
8.5.4.4. Strategic Initiatives
8.5.5. Indra.
8.5.5.1. Overview
8.5.5.2. Financial Performance
8.5.5.3. Product Benchmarking
8.5.5.4. Strategic Initiatives
8.5.6. Infineon Technologies Ag
8.5.6.1. Overview
8.5.6.2. Financial Performance
8.5.6.3. Product Benchmarking
8.5.6.4. Strategic Initiatives
8.5.7. Kapsch Trafficcom Ag
8.5.7.1. Overview
8.5.7.2. Financial Performance
8.5.7.3. Product Benchmarking
8.5.7.4. Strategic Initiatives
8.5.8. Lg Cns
8.5.8.1. Overview
8.5.8.2. Financial Performance
8.5.8.3. Product Benchmarking
8.5.8.4. Strategic Initiatives
8.5.9. Schneider Electric.
8.5.9.1. Overview
8.5.9.2. Financial Performance
8.5.9.3. Product Benchmarking
8.5.9.4. Strategic Initiatives
8.5.10. Siemens
8.5.10.1. Overview
8.5.10.2. Financial Performance
8.5.10.3. Product Benchmarking
8.5.10.4. Strategic Initiatives

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