Smart Highway Market Trends 2021 | Segmentation, Outlook, Industry Report to 2027

The Smart Highway Market size is expected to grow at an annual average of 16% during 2021-2027. The global market for smart highways is growing significantly in value thanks to significant advances in computer technology such as intelligent traffic management systems and advanced vehicle systems that have improved the quality of transportation around the world. Intelligent traffic management, intelligent parking systems, electronic toll collection (ETC) and automatic traffic control are key features of smart highways. Infrastructure developments in emerging economies are likely to support the global market for smart highways over the next few years.

The following segmentation are covered in this report:

Market by service:

• Consultancy Service
• Maintenance and Operation Service
• Managed Service

Market by displays:

• Variable Message Signs
• Digital Signage
• Others

Market by deployments:

• On-premise
• On-cloud

 Company Profile

• Alcatel-Lucent S.A
• Cisco Systems Inc.
• IBM Corporation
• Indra Sistemas SA
• Infineon Technologies AG
• Intelligent Highway Solutions Inc.
• Kapsch AG
• LG CNS Co. Ltd

 The report covers the following objectives:

• Proliferation and maturation of trade in the global Smart Highway Market
• The market share of the global Smart Highway Market supply and demand ratio, growth revenue, supply chain analysis, and business overview.
• Current and future market trends that are influencing the growth opportunities and growth rate of the Smart Highway Market
• Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Smart Highway Market

Scope of the report

The research study analyses the Smart Highway Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent developments

• Market overview and growth analysis
• Import and export overview
• Volume analysis
• Current market trends and future outlook
• Market opportunistic and attractive investment segment

Geographic coverage

• North america market size and/or volume
• Latin america market size and/or volume
• Europe market size and/or volume
• Asia-pacific market size and/or volume
• Rest of the world market size and/or volume

Key Questions Answered by Smart Highway Market Report

• What was the Smart Highway Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027)
• What will be the CAGR of Market during the forecast period (2021-2027)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
• Which manufacturer/vendor/players in the Smart Highway Market was the market leader in 2020?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.