Smart Transportation Market by Transportation Mode (Railways, Airways, Roadways, and Maritime), Application (Public Transport ard Shared Mobility), Solution (Traffic and Freight Management, Smart Ticketing, and PIS), Service, and Region – 2022 to 2027


The smart transport market is expected to hit USD 167 billion by 2024, growing at a CAGR of 14.11% over the forecast period. The market is expected to see massive growth due to rising urban population, high demographic rates, increase in the adoption of connected and intelligent technology in transport infrastructure, and increasing free trade agreements.