The India Intelligent Transportation System Market is projected to grow at a CAGR of around 16% during the forecast period, i.e., 2022-27.                                                               

India Intelligent Transportation System Market Dynamics:

Market Driver:

The India Intelligent Transportation System (ITS) Market is primarily driven by the country’s rapid urbanization and rising traffic congestion, which has created a growing demand for smart mobility solutions. Government initiatives like Smart Cities Mission and increased investments in road safety, digital infrastructure, and traffic management systems are further accelerating adoption. Additionally, the integration of IoT, AI, and data analytics in transportation networks is enhancing operational efficiency, reducing travel time, and improving commuter safety, thereby fueling market growth.

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Market Dimensions & Projections

·        Pricing Evaluation

·        Recent Strategic Moves by Companies

·        Primary Stakeholders

·        Import/Export Trend Analysis

·        Competitive Landscape Assessment

·        Emerging Opportunities

·        Market Trends and Indicators

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India Intelligent Transportation System Market Segmentation:

The market report categorizes the market based on different segments and geographical analysis.

Study Timeline:

-Base Year: 2021

-Historical Period: 2017 to 2020

-Forecast Period: 2022-27

• By Component
• Hardware
• Sensors
• Interface Boards
• Surveillance Camera
• Monitoring & Detection System
• Telecommunication Network
• Others (Central Control System, Variable Message Signs, etc.)
• Software
• Visualization Software
• Transit Management System
• Video Detection Management Software
• Others (Data Analytics software, Enterprise Resource Planning (ERP), etc.)
• Services
• Professional
• Managed
• By Type
• Advanced Public Transportation System (APTS)
• Advanced Traffic Management System (ATMS)
• Advanced Traveler Information System (ATIS)
• Automated Fare Collection Systems
• Automatic Number Plate Recognition Systems (ANPR)
• Others (Cooperative Vehicle Systems, Advanced Rural Transportation System (ARTS), etc.)
• By Application
• Traffic Monitoring & Management
• Freight Management
• Public Transport Management
• Road Tolling System
• Road Safety and Security
• Parking Management
• Others (Automotive Telematics, Environment Protection, etc.)
• By Mode of Transport
• Roadways
• Airways
• Railways
• Maritime
• By Deployment
• On-Premise
• Cloud
• By Region
• North
• South
• East
• West

Competitive Landscape

With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading market companies, including -   Schneider Electric India Pvt. Ltd., Tata Group, Siemens India, Urban Mass Transit Company Limited, Mobisoft Infotech LLC, EFKON India Pvt Ltd, Kent Intelligent Transportation Systems India Pvt Ltd, NEC Corporation India Pvt. Ltd., AUM Infotech Pvt Ltd., ATT India, Others

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