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Advanced Traveller Information System Market Analysis

Report ID: GMI12731 Published Date: December 2024Report Format: PDF
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Advanced Traveller Information System Market Analysis

Advanced Traveller Information System Market Size, By Component, 2022 – 2034, (USD Billion)

Based on component, the advanced traveller information system industry is divided into hardware, software and services. In 2024, passenger cars segment held a market share of over 40% and is expected to cross USD 4.5 billion by 2034.  Investments in hardware such as sensors, cameras, and IoT devices are increasing due to the growing demand for intelligent transportation systems (ITS).

These tools help monitor traffic in real time, collect data, and work with ATIS to improve traffic flow and urban mobility. Additionally, advancements in the Internet of Things (IoT) have made smart traffic sensors and connected devices more affordable and reliable, improving ATIS solutions' ability to provide accurate and timely traffic updates.

Advanced Traveller Information System Market Share, By Application, 2023

Based on application, the advanced traveller information system market is categorized into traffic management, route navigation, real-time information delivery, emergency services, public transportation integration and parking management. The traffic management segment held a market share of around 31% in 2024. With urban populations and vehicle numbers rising, cities are facing serious traffic congestion.

ATIS systems are crucial for offering real-time traffic updates, alternative routes, and congestion management to improve mobility and reduce delays. Governments are introducing regulations to encourage the use of technology for better traffic management. As part of smart city initiatives, adopting ATIS systems is key to improving transportation infrastructure, cutting emissions, and enhancing public safety.

U.S. Advanced Traveller Information System Market, 2022 -2034, (USD Billion)

North America advanced traveller information system market accounted for 35% of the revenue share in 2024. In North America, the U.S. is leading the charge in investing in smart infrastructure, prominently featuring ATIS solutions for traffic management, public transport, and parking. This surge in investment is propelling the growth of the ATIS market, as cities harness technology to enhance urban mobility.

U.S. government and private sectors are focusing on bolstering road safety and curbing traffic fatalities, spurring the widespread adoption of ATIS solutions. These systems deliver real-time updates on accidents, road conditions, construction zones, and weather disruptions, empowering drivers to make informed choices and sidestep hazards.

In Europe, stringent traffic regulations and ambitious environmental goals are driving a surge in demand for ATIS solutions. The European Union's commitment to curbing emissions and enhancing road safety dovetails with the objectives of ATIS systems, which provide real-time data and route optimization. Major cities such as London, Paris, and Berlin are weaving ATIS solutions into their smart city blueprints, amplifying demand. These cities harness ATIS to boost transportation efficiency and alleviate congestion in their bustling urban centers.

In Asia, rapid urbanization and a surge in vehicle ownership, notably in nations including China and India, are propelling the uptake of ATIS systems. These systems play a pivotal role in alleviating traffic congestion and bolstering road safety in crowded urban landscapes. Across the Asia Pacific, nations are prioritizing the development of smart infrastructure as a cornerstone of their modernization agendas. With governments ramping up funding for smart cities and intelligent transportation, the market in the region is witnessing robust growth.

Author: Preeti Wadhwani, Aishvarya Ambekar
Frequently Asked Question(FAQ) :

What is the size of the traffic management segment in the advanced traveller information system industry?+

The traffic management segment accounted for approximately 31% of the market share in 2024, as urban population growth and increasing vehicle numbers intensify traffic congestion challenges globally.

How big is the advanced traveller information system market?+

The market size of advanced traveller information system reached USD 5.8 billion in 2024 and is set to grow at a 9.8% CAGR from 2025 to 2034, driven by increasing urbanization and traffic congestion.

How much is the North America advanced traveller information system market worth?+

The North America market captured 35% of the revenue share in 2024, with the U.S. leading due to significant investments in smart infrastructure and ATIS solutions for traffic management, public transport, and parking.

Who are the major players in the advanced traveller information system industry?+

The key players in the market include Cubic, Garmin, HERE Technologies, Iteris, Kapsch TrafficCom, Parkopedia, PTV Group, Siemens, Tom Tom, and Trimble.

Advanced Traveller Information System Market Scope

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