Europe Intelligent Transportation Systems Research Report 2024-2033: AI-Driven Traffic Management and Smart-City Investments Accelerate Growth of Europe's ITS Market
European Intelligent Transportation Systems Market
Dublin, June 10, 2025 (GLOBE NEWSWIRE) -- The "Europe Intelligent Transportation Systems Market: Focus on Application, Product, and Country - Analysis and Forecast, 2024-2033" report has been added to ResearchAndMarkets.com's offering.The Europe intelligent transportation systems (ITS) market is projected to reach $14.62 billion by 2033 from $7.90 billion in 2024, growing at a CAGR of 7.08% during the forecast period 2024-2033.
Road safety, public transport operations, freight logistics, and traffic management are the main applications that make up the European ITS market, with traffic management leading the way. EU and national investments in smart-city initiatives, cross-border C-ITS corridors, and autonomous vehicle pilot programs are what propel Europe's leadership in ITS adoption. Modern AI-powered traffic management, extensive IoT connection, and 5G-capable V2X solutions are all contributing to the rapid expansion of ITS deployment throughout the urban mobility networks in the region.
The market for Intelligent Transport Systems (ITS) in Europe is developing quickly and is becoming a key component of the region's smart-mobility strategy. Using advanced sensing, communications, and analytics, ITS solutions turn legacy infrastructure into data-driven, interconnected networks, encompassing applications like adaptive traffic management, road-user safety systems, public transportation coordination, and freight-logistics optimisation. In order to reduce traffic, cut emissions, and improve network resilience, European cities are using Intelligent Transportation Systems (ITS) for anything from dynamic signal control in large cities to real-time passenger information on tram and bus lines.
How can this report add value to an organization?This report adds value to an organization by providing comprehensive insights into the Europe intelligent transportation systems (ITS) market, enabling data-driven decision-making and strategic planning. It highlights emerging trends, technological advancements, and competitive dynamics, helping organizations identify growth opportunities and align their offerings with industry demands.
The report's detailed segmentation and regional analysis support targeted market expansion strategies, while its coverage of regulatory frameworks, sustainability initiatives, and cybersecurity measures ensures compliance with evolving transportation and smart city standards. By leveraging this report, organizations can enhance operational efficiency, optimize investments in ITS infrastructure, and gain a competitive edge in the rapidly evolving intelligent mobility ecosystem, ensuring long-term sustainability and innovation.Market Dynamics
Trends
Proliferation of AI-driven traffic management platforms for adaptive signal control and congestion mitigation.
Expansion of cross-border C-ITS corridors enabling seamless vehicle-to-infrastructure and multimodal coordination.
Integration of EV charging stations and smart-parking solutions into unified mobility ecosystems.
Deployment of real-time data analytics and digital-twin simulations for predictive maintenance and network planning.
Drivers
Substantial EU and national funding under Smart Cities, CEF and Green Deal programmes.
Stringent decarbonisation and air-quality mandates pushing investments in eco-friendly mobility solutions.
Rapid urbanisation and rising congestion driving demand for intelligent, demand-responsive transport services.
Maturation of 5G, IoT sensor networks and edge-computing infrastructures that underpin low-latency ITS applications.
Challenges
Fragmented regulatory frameworks and technical standards across member states hindering interoperability.
High capex and uncertain ROI timelines for municipalities balancing legacy infrastructure upgrades.
Complex GDPR and NIS2 compliance requirements raising cybersecurity, privacy and data-sovereignty costs.
Integration difficulties with ageing transport systems and insufficient skilled workforce for advanced ITS deployment.
Key Market Players and Competition Synopsis
Siemens AG
Kapsch TrafficCom AG
TomTom International BV
Q-Free
EFKON GmbH
PTV Planung Transport Verkehr GmbH
SWARCO
Key Attributes:
Report Attribute
Details
No. of Pages
102
Forecast Period
2024 - 2033
Estimated Market Value (USD) in 2024
$7.9 Billion
Forecasted Market Value (USD) by 2033
$14.62 Billion
Compound Annual Growth Rate
7.0%
Regions Covered
Europe
Key Topics Covered: Executive SummaryScope and Definition1 Markets1.1 Intelligent Transportation Systems Market: Current and Future1.1.1 Role of Artificial Intelligence and Machine Learning in ITS1.1.2 Integration of IoT and Smart City Infrastructure1.1.3 Big Data Analytics and Predictive Modeling in Traffic Management1.1.4 Blockchain for Data Security and Transparency1.1.5 5G and Edge Computing for Real-Time Data Processing1.1.6 Sustainability Trends: ITS for Reducing Emissions and Energy Use1.2 Supply Chain Overview1.2.1 Value Chain Analysis1.2.2 Pricing Trends in Key ITS Components1.3 Patent Analysis1.3.1 Patent Filing Trend (by Country)1.3.2 Patent Filing Trend (by Company)1.4 Regulatory Landscape1.4.1 Regional and Global ITS Regulations1.4.2 Data Privacy and Security Regulations Impact on ITS1.4.3 Vehicle-to-Everything (V2X) Regulatory Frameworks1.4.4 Environmental Policies and their Role in Promoting Green ITS1.5 Case Study1.5.1 Emergency and Disaster Response Applications1.6 Impact Analysis for Key Global Events1.6.1 COVID-19 Impact1.6.2 Russia-Ukraine War1.7 Market Dynamics Overview1.7.1 Market Drivers1.7.1.1 Evolving Multimodal Transportation and Mobility-as-a-Service (MaaS)1.7.1.2 Growing Need for Freight and Logistics Optimization1.7.2 Market Restraints1.7.2.1 High Initial Infrastructure and Deployment Costs1.7.2.2 Technical Challenges with Integrating Legacy Systems1.7.3 Market Opportunities1.7.3.1 Rising Investments in Smart Cities Initiatives1.7.3.2 Growing Adoption of Autonomous and Connected Vehicles2 Regions2.1 Regional Summary2.2 Europe2.2.1 Regional Overview2.2.2 Key Market Participants in Europe2.2.3 Driving Factors for Market Growth2.2.4 Factors Challenging the Market2.2.5 Application2.2.6 Product2.2.7 Europe (by Country)2.2.7.1 Germany2.2.7.1.1 Application2.2.7.1.2 Product2.2.7.2 France2.2.7.2.1 Application2.2.7.2.2 Product2.2.7.3 U.K.2.2.7.3.1 Application2.2.7.3.2 Product2.2.7.4 Italy2.2.7.4.1 Application2.2.7.4.2 Product2.2.7.5 Spain2.2.7.5.1 Application2.2.7.5.2 Product2.2.7.6 Rest-of-Europe2.2.7.6.1 Application2.2.7.6.2 Product3 Markets - Competitive Benchmarking & Company Profiles3.1 Next Frontiers3.2 Geographic Assessment3.2.1 Overview3.2.2 Top Products/Product Portfolio3.2.3 Top Competitors3.2.4 Target Customers3.2.5 Key Personnel3.2.6 Analyst View3.2.7 Market Share, 20234 Research Methodology
For more information about this report visit https://www.researchandmarkets.com/r/smrw77
About ResearchAndMarkets.comResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Attachment
European Intelligent Transportation Systems Market
CONTACT: CONTACT: ResearchAndMarkets.com Laura Wood,Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Business Insider
14 minutes ago
- Business Insider
OpenAI employees share their 3 favorite tips for using ChatGPT
If you ever happen to see Nick Turley, the head of ChatGPT at OpenAI, muttering to himself on a weekday morning, it might be because he's talking to a chatbot. Turley said that ChatGPT's voice feature is his favorite tip for using the technology on a recent episode of the OpenAI podcast. "On my way to work, I'll use it to process my own thoughts. With some luck, and I think this works most days, I'll have the restructured list of to-dos by the time I actually get there," he said, adding that the voice feature isn't yet mainstream because there are a bunch of small "kinks" still. He said he finds it valuable to force himself to articulate his thoughts aloud, and wants to see the feature improve next year. Mark Chen, OpenAI's chief research officer, said on the podcast that he's a fan of the deep research feature, especially before an introduction. "When I go meet someone new, when I'm going to talk to someone about AI, I just preflight topics," Chen said. "I think the model can do a really good job of contextualizing who I am, who I'm about to meet, and what things we might find interesting." And podcast host Andrew Mayne, who was formerly OpenAI's science communicator and worked on ChatGPT, said he uses the technology when he's out at a restaurant. "I take a photograph of a menu and I'm like, 'Help me plan a meal or whatever, I'm trying to stick to a diet," Mayne said. Turley, however, cautioned against using the same trick for the wine list. "It keeps embarrassing me with hallucinated wine recommendations, and I go order it and they're like, 'Never heard of this one,'" he said. Corporate executives across companies are using AI in their daily lives, and OpenAI CEO Sam Altman is no different. Altman said on the "ReThinking" podcast in January that he uses it in "the boring ways," for things like processing emails and summarizing documents. When Altman spoke on the OpenAI podcast in June, he said that he uses ChatGPT "constantly" as a father. At the time, he said he was mainly using it to research developmental stages. "Clearly, people have been able to take care of babies without ChatGPT for a long time," Altman said. "I don't know how I would have done that."
Yahoo
14 minutes ago
- Yahoo
Juventus seal move for Jonathan David
After an extremely long period of contacts and negotiations, Juventus have completed their pursuit of former Lille forward and Canadian international Jonathan David, sealing their first signing of the 2025/26 season. Giovanni Albanese of La Gazzetta dello Sport reports that the Bianconeri have acquired the 25-year-old on a multi-year contract worth €6m per-season, with additional bonuses of €2m. Advertisement David has been the main topic of the transfer market thus far as the well-documented forward was available on a free transfer at the end of the season after deciding not to renew his contract with Lille, ending his five-year stay at the French giants. The clinical finisher had a stellar campaign, ending the season with a total of 25 goals and 12 assists in 49 games-played across all competitions, proving to be a pivotal asset up-top. Hence, the Canadian forward has attracted numerous suitors such as Inter, Napoli, Milan, PSG, Arsenal, Liverpool, Man United, Chelsea, Tottenham, and Bayern Munich. Despite the immense competition for David's signature, the Bianconeri managed to overcome the European giants in acquiring the 25-year-old forward's services, and are now prepared to let attacking pair Dusan Vlahovic and Arkadiusz Milik depart the club to make room in the attacking department. Julian Faustini Ι GIFN
Yahoo
17 minutes ago
- Yahoo
US open to 'creative solutions' on pharma trade with EU, Irish minister says
By Conor Humphries DUBLIN (Reuters) -U.S. Trade Representative Jamieson Greer made clear in a meeting with Irish Trade Minster Simon Harris last month that Washington was open to "creative solutions" on pharmaceutical trade between the U.S. and European Union, Harris said on Wednesday. "He made it clear that he was open to creative solutions when it comes to pharma and I think that's an important recognition that actually pharma between the U.S. and the EU, the U.S. and Ireland, is much more interdependent than perhaps people were led to believe in certain quarters at the start of this process," Harris told reporters. The European Union wants immediate relief from tariffs in key sectors as part of any trade deal with the U.S. due by a July 9 deadline, EU diplomats have told Reuters, even as they accept the U.S. baseline tariff of 10% as unavoidable. The EU also wants a deal to cover commercial aircraft and parts, pharmaceuticals and semiconductors, sectors the U.S. is investigating, but has not yet imposed extra duties on. Trump said in June the pharma duties would be announced "very soon". "I think it's important to be truthful with people, the EU is negotiating with an administration that believes in tariffs and clearly I think 10% seems to be the baseline in any agreement they (the U.S.) have reached so far," Harris said. "But we will be seeking at an EU level to maximise the number of sectors where there is zero-for-zero (tariffs)." Harris highlighted pharma, aviation and agriculture as areas Dublin would like trade between the EU and U.S. to flow freely. He added that there was a welcome intensity to the talks between the EU and U.S. and that while a brief extension to the July 9 deadline is something that can considered, it would be preferable to at the very least deliver a framework agreement and set forward a roadmap for further engagement on key sectors.
