EXECUTIVE ENGAGEMENTS
POOL
24228
Number of executives repeatedly engaged by snail & email outreach
INTERACTIONS
2181
Interactions with Platform & by Email
PARTICIPANTS
483
Unique # Participated
VALIDATIONS
81
Responses Validated*
COMPANIES
53
Responses Validated*
* Login for a full stack data experience
DATE
MAY 2021
TABLES
36
PAGES
396
EDITION
6
PRICE
USD 4950
CODE
MCP14814
*Engagement stats are ongoing and dynamic
Login to access data silos
HIGHLIGHTS & REPORT INDEX
Amid the COVID-19 crisis, the global market for Smart Highway estimated at US$17 Billion in the year 2020, is projected to reach a revised size of US$51.3 Billion by 2027, growing at a CAGR of 17.1% over the analysis period 2020-2027.Intelligent Transportation Management, one of the segments analyzed in the report, is projected to grow at a 18.6% CAGR to reach US$27.5 Billion by the end of the analysis period.After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Intelligent Traffic Management segment is readjusted to a revised 17% CAGR for the next 7-year period. This segment currently accounts for a 21.9% share of the global Smart Highway market.
The Smart Highway market in the U.S. is estimated at US$5 Billion in the year 2020. The country currently accounts for a 29.63% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$8.8 Billion in the year 2027 trailing a CAGR of 16.4% through 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 15.4% and 14.6% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 12.4% CAGR while Rest of European market (as defined in the study) will reach US$8.8 Billion by the year 2027.
In the global Communication segment, USA, Canada, Japan, China and Europe will drive the 15.2% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$1.9 Billion in the year 2020 will reach a projected size of US$5.1 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$6.1 Billion by the year 2027.
SELECT PLAYERS
Alcatel-Lucent SA; Cisco Systems, Inc.; Huawei Technologies Co., Ltd.; Indra Philippines; Kapsch AG; LG CNS; Schneider Electric SA; Siemens AG; Xerox Corporation
SEGMENTS
» Technology (Intelligent Transportation Management, Intelligent Traffic Management, Communication, Monitoring)
GEOGRAPHIES
» World » United States » Canada » Japan » China » Europe » France » Germany » Italy » United Kingdom » and Rest of Europe » Asia-Pacific » Rest of World
TABLE OF CONTENTS
| I. METHODOLOGY |
| II. EXECUTIVE SUMMARY |
| 1. MARKET OVERVIEW |
| Influencer Market Insights |
| World Market Trajectories |
| Rise in Smart City Initiatives, the Cornerstone for the Growth of Smart Transportation |
| Table: Robust Investments in Smart City ICT Technologies Provides the Foundation for the Growth of Smart Highways in Smart City Enablement: Global Market for Smart City Technologies (Hardware, Software, and Services) In US$ Million for the Years 2017 & 2020 |
| Growing Investments in Infrastructure Development, Especially Roads & Highways, Drives Demand for a Broad Array of ITS Technologies |
| Table: The Growing Need to Bridge Infrastructure Gap Which is the Highest for Roadways Promises Robust Opportunity for Smart Highways: Global Cumulative Investments in Roadways Vs Actual Need for the Period 2016-2040 (In US$ Billion) |
| Table: Continuous Development of World’s Highways to Expand Market Opportunities for Intelligent Transportation Systems (ITS) & Allied Markets: Length of Road Networks (In 000 Kilometers) in Top 15 Countries Worldwide for the Year 2018 |
| Proliferation of Smart Cars & Allied Enabling Technologies Preps the Smart Highway Market for Growth |
| Table: The Unprecedented Rise of Connected Cars as the Future of Driving Fuels the Viability of Smart Highways: Global Number of Connected Cars Shipped (In 000 Units) for the Years 2017, 2019 and 2022 |
| Vehicle Telematics Plays a Huge Role in Advancing the Concept of Smart Highways & Smart Roads |
| Table: Telematics Plays a Huge Role in Automating Highways & Improving Safety on Roads, Which are the Primary Goals of Smart Highways: Global Automotive Telematics Market (In US$ Billion) for the Years 2017, 2019 and 2022 |
| Impact of Covid-19 and a Looming Global Recession |
| 2. FOCUS ON SELECT PLAYERS |
| ALE International (France) |
| Conduent, Inc. (USA) |
| Cisco Systems Inc. (USA) |
| Huawei Technologies Co., Ltd. (China) |
| IBM Corporation (USA) |
| Indra Sistemas, S.A. (Spain) |
| Infineon Technologies AG (Germany) |
| Kapsch TrafficCom AG (Austria) |
| LG CNS Corporation (South Korea) |
| Nokia (Finland) |
| Siemens Mobility GmbH (Germany) |
| 3. MARKET TRENDS & DRIVERS |
| Focus on Road User Charging as the Only Sustainable Way to Fund Road Infrastructure Development Drives Investments in ETC Systems |
| Migration from Manual Toll Gates to Electronic Toll Gates Gains Momentum |
| Table: In a World Where Time is Money, the Rising Economic Cost of Excess Travel/Transit Delays Strengthens the Business Case for Electronic Tolling to Manage Vehicular Congestion: Breakdown of Annual Hours of Delay Due to Traffic Congestions in Select Countries & Cities Worldwide |
| IoT & Cloud Computing Emerge as Linchpin Holding the Smart Highway Concept Together |
| Cloud Computing, the Workhorse of Data Analysis for Smart Highway Services |
| Smart Roads Embedded with Sensors Make Road Infrastructure Monitoring Easy & Cost Effective |
| Smart Parking Emerges as a Solution to Traffic Woes |
| Developments in Advanced Intelligent Video Surveillance System (AIVSS) to Benefit Intelligent Traffic Surveillance |
| GIS and GPS/GNSS Technology, Vital for Successful Smart Highway Deployment |
| Special Focus on Multi-Constellation GNSS |
| Wireless Communication Technologies Crucial to Market Growth |
| DSRC (Dedicated Short Range Communications), as a Superior Technology to RFID Gains in Prominence |
| Automatic Traffic Control & Congestion Monitoring Systems Grow for Emissions Reduction |
| China Emerges over the Horizon, With the World’s Most Ambitious Smart Highway Plans |
| China Mobile to Become a Pioneer in Setting up the World’s First 5G Smart Highway in Wuhan |
| 4. GLOBAL MARKET PERSPECTIVE |
| World Current & Future Analysis for Smart Highway by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR |
| World 7-Year Perspective for Smart Highway by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2020 & 2027 |
| World Current & Future Analysis for Intelligent Transportation Management by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR |
| World 7-Year Perspective for Intelligent Transportation Management by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027 |
| World Current & Future Analysis for Intelligent Traffic Management by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR |
| World 7-Year Perspective for Intelligent Traffic Management by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027 |
| World Current & Future Analysis for Communication by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR |
| World 7-Year Perspective for Communication by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027 |
| World Current & Future Analysis for Monitoring by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR |
| World 7-Year Perspective for Monitoring by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027 |
| III. MARKET ANALYSIS |
| UNITED STATES |
| USA Current & Future Analysis for Smart Highway by Technology - Intelligent Transportation Management, Intelligent Traffic Management, Communication and Monitoring - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR |
| USA 7-Year Perspective for Smart Highway by Technology - Percentage Breakdown of Value Sales for Intelligent Transportation Management, Intelligent Traffic Management, Communication and Monitoring for the Years 2020 & 2027 |
| CANADA |
| Canada Current & Future Analysis for Smart Highway by Technology - Intelligent Transportation Management, Intelligent Traffic Management, Communication and Monitoring - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR |
| Canada 7-Year Perspective for Smart Highway by Technology - Percentage Breakdown of Value Sales for Intelligent Transportation Management, Intelligent Traffic Management, Communication and Monitoring for the Years 2020 & 2027 |
| JAPAN |
| Japan Current & Future Analysis for Smart Highway by Technology - Intelligent Transportation Management, Intelligent Traffic Management, Communication and Monitoring - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR |
| Japan 7-Year Perspective for Smart Highway by Technology - Percentage Breakdown of Value Sales for Intelligent Transportation Management, Intelligent Traffic Management, Communication and Monitoring for the Years 2020 & 2027 |
| CHINA |
| China Current & Future Analysis for Smart Highway by Technology - Intelligent Transportation Management, Intelligent Traffic Management, Communication and Monitoring - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR |
| China 7-Year Perspective for Smart Highway by Technology - Percentage Breakdown of Value Sales for Intelligent Transportation Management, Intelligent Traffic Management, Communication and Monitoring for the Years 2020 & 2027 |
| EUROPE |
| Europe Current & Future Analysis for Smart Highway by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR |
| Europe 7-Year Perspective for Smart Highway by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK and Rest of Europe Markets for Years 2020 & 2027 |
| Europe Current & Future Analysis for Smart Highway by Technology - Intelligent Transportation Management, Intelligent Traffic Management, Communication and Monitoring - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR |
| Europe 7-Year Perspective for Smart Highway by Technology - Percentage Breakdown of Value Sales for Intelligent Transportation Management, Intelligent Traffic Management, Communication and Monitoring for the Years 2020 & 2027 |
| FRANCE |
| France Current & Future Analysis for Smart Highway by Technology - Intelligent Transportation Management, Intelligent Traffic Management, Communication and Monitoring - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR |
| France 7-Year Perspective for Smart Highway by Technology - Percentage Breakdown of Value Sales for Intelligent Transportation Management, Intelligent Traffic Management, Communication and Monitoring for the Years 2020 & 2027 |
| GERMANY |
| Germany Current & Future Analysis for Smart Highway by Technology - Intelligent Transportation Management, Intelligent Traffic Management, Communication and Monitoring - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR |
| Germany 7-Year Perspective for Smart Highway by Technology - Percentage Breakdown of Value Sales for Intelligent Transportation Management, Intelligent Traffic Management, Communication and Monitoring for the Years 2020 & 2027 |
| ITALY |
| Italy Current & Future Analysis for Smart Highway by Technology - Intelligent Transportation Management, Intelligent Traffic Management, Communication and Monitoring - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR |
| Italy 7-Year Perspective for Smart Highway by Technology - Percentage Breakdown of Value Sales for Intelligent Transportation Management, Intelligent Traffic Management, Communication and Monitoring for the Years 2020 & 2027 |
| UNITED KINGDOM |
| UK Current & Future Analysis for Smart Highway by Technology - Intelligent Transportation Management, Intelligent Traffic Management, Communication and Monitoring - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR |
| UK 7-Year Perspective for Smart Highway by Technology - Percentage Breakdown of Value Sales for Intelligent Transportation Management, Intelligent Traffic Management, Communication and Monitoring for the Years 2020 & 2027 |
| REST OF EUROPE |
| Rest of Europe Current & Future Analysis for Smart Highway by Technology - Intelligent Transportation Management, Intelligent Traffic Management, Communication and Monitoring - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR |
| Rest of Europe 7-Year Perspective for Smart Highway by Technology - Percentage Breakdown of Value Sales for Intelligent Transportation Management, Intelligent Traffic Management, Communication and Monitoring for the Years 2020 & 2027 |
| ASIA-PACIFIC |
| Asia-Pacific Current & Future Analysis for Smart Highway by Technology - Intelligent Transportation Management, Intelligent Traffic Management, Communication and Monitoring - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR |
| Asia-Pacific 7-Year Perspective for Smart Highway by Technology - Percentage Breakdown of Value Sales for Intelligent Transportation Management, Intelligent Traffic Management, Communication and Monitoring for the Years 2020 & 2027 |
| REST OF WORLD |
| Rest of World Current & Future Analysis for Smart Highway by Technology - Intelligent Transportation Management, Intelligent Traffic Management, Communication and Monitoring - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR |
| Rest of World 7-Year Perspective for Smart Highway by Technology - Percentage Breakdown of Value Sales for Intelligent Transportation Management, Intelligent Traffic Management, Communication and Monitoring for the Years 2020 & 2027 |
| IV. COMPETITION |
| Total Companies Profiled: 53 |
PREVIEW REPORT
Our robust permission-based engagement strategy requires a one-time double opt-in and/or re-consent for all users. We will re-establish consent once a year from date of last use. Both these practices exceed GDPR mandates.
What we store: Primary coordinates such as email, company address and phone. In-house developed influencer rank.
How we store: Encrypted and additionally secured by firewalls.
How we use your data: Only to contact you directly. We never share your coordinates with any individual or entity outside our company for any reason.
Privacy queries: Privacy@StrategyR.com