Global Digital Roads Market Growth (Status and Outlook) 2024-2030

Global Digital Roads Market Growth (Status and Outlook) 2024-2030

Digital roads refer to the integration of advanced digital technologies into road infrastructure to enhance the safety, efficiency, and sustainability of transportation systems. This concept involves the use of sensors, connectivity, data analytics, and smart materials to create a dynamic and responsive road environment that can communicate with vehicles, traffic management systems, and road users.

The global Digital Roads market size is projected to grow from US$ million in 2024 to US$ million in 2030; it is expected to grow at a CAGR of %from 2024 to 2030.

LPI (LP Information)' newest research report, the “Digital Roads Industry Forecast” looks at past sales and reviews total world Digital Roads sales in 2022, providing a comprehensive analysis by region and market sector of projected Digital Roads sales for 2023 through 2029. With Digital Roads sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Digital Roads industry.

This Insight Report provides a comprehensive analysis of the global Digital Roads landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Digital Roads portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Digital Roads market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Digital Roads and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Digital Roads.

United States market for Digital Roads is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

China market for Digital Roads is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Europe market for Digital Roads is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Global key Digital Roads players cover Mundys (Yunex Traffic), Swarco Holding, Huawei, Sumitomo Electric, Cisco, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2023.

This report presents a comprehensive overview, market shares, and growth opportunities of Digital Roads market by product type, application, key players and key regions and countries.

Segmentation by Type:
Software
Hardware

Segmentation by Application:
Urban Traffic
Highway
Bridges and Tunnels
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

Segmentation by Type:
Software
Hardware

Segmentation by Application:
Urban Traffic
Highway
Bridges and Tunnels
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Mundys (Yunex Traffic)
Swarco Holding
Huawei
Sumitomo Electric
Cisco
Kapsch
Nippon Signal
Hisense Transtech
Intel
Almaviva
Q-FREE
IBM
Lianyungang JARI Electronics
MOVYON
Indra Sistemas
LG CNS
Vaisala
Econolite
Alcatel Lucent
Valerann

Please note: The report will take approximately 2 business days to prepare and deliver.