Global Smart Highways Market Accelerates to $133 Billion by 2030; Intelligent Transportation Management Leads at 17.8% CAGR
DUBLIN, Aug. 22, 2023 /PRNewswire/ -- The "Smart Highway: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Smart Highway estimated at US$40 Billion in the year 2022, is projected to reach a revised size of US$133 Billion by 2030, growing at a CAGR of 16.2% over the analysis period 2022-2030.
Intelligent Transportation Management, one of the segments analyzed in the report, is projected to record a 17.8% CAGR and reach US$78.4 Billion by the end of the analysis period.
Taking into account the ongoing post pandemic recovery, growth in the Intelligent Traffic Management segment is readjusted to a revised 15.5% CAGR for the next 8-year period.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 14.4% and 13.2% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 17.1% CAGR.
Key Topics Covered:
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
For more information about this report visit https://www.researchandmarkets.com/r/v7gjvi
Research and Markets
For E.S.T Office Hours Call +1-917-300-0470
U.S. Fax: 646-607-1907
SOURCE Research and Markets
Registration Counters Open
Metaverse Standards Forum: Birds of a Feather
Legal Landscape of AI, Metaverse, and Blockchain