Daniel Associates

Smart Highway Market by Technology (Intelligent Transportation Management, Intelligent Traffic Management, Communication, Monitoring), by Display (Variable Message Signs, Digital Signage) and by Region – Global Forecast to 2024

  • The Smart Highway market was valued at USD XX Million in 2018 and is estimated to reach USD XX Million by 2024, at a CAGR of XX% during the forecast period. The base year used for this study is 2017, and the forecast period considered is between 2018 and 2024.

    The objectives of the study are as follows:

    • To define, describe, and forecast the Smart Highway market segmented Market by Technology (Intelligent Transportation Management, Intelligent Traffic Management, Communication, Monitoring), by Display (Variable Message Signs, Digital Signage) and by Region
    • To forecast the market size in terms of value for various segments with respect to four main regions: North America, Europe, APAC, and RoW
    • To provide detailed information regarding the major factors influencing the growth of the Smart Highway market (drivers, restraints, opportunities, and industry-specific challenges)
    • To provide a detailed overview of the value chain in the Smart Highway market and analyze the market trends with Porter’s five forces analysis
    • To analyze the opportunities in the market for various stakeholders by identifying the high-growth segments of the Smart Highway market
    • To strategically profile the key players and comprehensively analyze their market position in terms of ranking and core competencies, along with detailing the competitive landscape for the market leaders
    • To analyze competitive developments such as new product launches and developments; agreements and contracts; mergers and acquisitions; and expansions in the global Smart Highway market

    The years considered for the study are:

    Base Year – 2018               Estimated Year – 2019        Forecast Period – 2024

    For company profiles in the report, 2018 has been considered as the base year. In certain cases, wherein information is unavailable for the base year, the years prior to it have been considered.

    Market Segmentation,

    Smart Highway Market by technology:

    Intelligent Transportation Management System

    • Lane Departure Warning System (LDW)
    • Automatic Number Plate Recognition (ANPR)
    • Incident Detection System
    • Radio Frequency Identification (RFID)

    Intelligent Traffic Management System

    • Electronic Toll collection System
    • Global navigation Satellite System (GNSS)/Global Positioning System (GPS)
    • Real-Time Traffic Management

    Communication System

    • Radio Network
    • Emergency Network
    • Data Network

    Monitoring System

    • Traffic Measurement
    • Weather Management
    • Video Surveillance

    Smart Highway Market by displays:

    Variable Message Signs

    Digital Signage


    Smart Highway Market by service:

    Consultancy Service

    Maintenance and Operation Service

    Managed Service 

    Smart Highway Market by deployments:



    Smart Highway Market by regions:

    North America




  • Table of Contents

    1 Introduction

    2 Research Methodology

    3 Executive Summary

    4 Premium Insights
        4.1 Attractive Market Opportunities in Smart Highway 

        4.2 Smart Highway Market, By Technology
        4.3 Smart Highway Market, By Display
        4.4 Smart Highway Market, By Region

    5 Smart Highway Market Overview
        5.1 Introduction

        5.2 Market Dynamics 
        5.2.1 Drivers Need For Better and Sustainable Highways Demand For Safer Roads and Reduction in Traffic Congestion Government Initiatives 
        5.2.2 Restraints Underdeveloped Infrastructures Unwilling to Adopt New Ways of Transportation 
        5.2.3 Opportunities Deployment of Advance Technologies Increasing Investment in Infrastructure Development 
        5.2.4 Challenges Increase in Environmental Impact

    6 Industry Analysis
        6.1 Introduction 

        6.2 Value Chain Analysis 
        6.3 Porter’s Five Forces Analysis 

    7 Smart Highway Market, By Technology
        7.1 Introduction 

        7.2 Intelligent Transportation Management System 
              7.2.1 Lane Departure Warning (LDW) System 
              7.2.2 Automatic Number Plate Recognition (ANPR) 
              7.2.3 Incident Detection System (IDS) 
              7.2.4 Radio Frequency Identification (RFID) 
        7.3 Intelligent Traffic Management System 
              7.3.1 Electronic toll Collection (ETC) System 
              7.3.2 Global Navigation Satellite System (GNSS)/Global Positioning System (GPS) 
              7.3.3 Real-Time Traffic Management System 
        7.4 Communication System 
              7.4.1 Radio Network 
              7.4.2 Emergency Network 
              7.4.3 Data Network 
        7.5 Monitoring System 
              7.5.1 Traffic Measurement 
              7.5.2 Weather Management 
              7.5.3 Video Surveillance

    8 Smart Highway Market, By Display
        8.1 Introduction 

        8.2 Variable Message Signs 
        8.3 Digital Signage 
        8.4 Others

    9 Smart Highway Market, By Deployment
        9.1 Introduction 

        9.2 On Premise 
        9.3 On Cloud

    10 Smart Highway Market, By Service
         10.1 Introduction 

         10.2 Managed Service 
         10.3 Maintenance and Operation Service 
         10.4 Consultancy Service

    11 Smart Highway Market, By Region
         11.1 Introduction 

         11.2 Europe 
         11.3 Asia-Pacific 
         11.4 RoW

    12 Competitive Landscape

    13 Company Profiles
    (Overview, Products & Services, Financials, Key Developments)*  

         13.1 Introduction 
         13.2 Alcatel-Lucent 
         13.3 Indra 
         13.4 Siemens AG 
         13.5 Kapsch AG 
         13.6 LG CSN 
         13.7 CISCO Systems, Inc. 
         13.8 Schneider Electric 
         13.9 International Business Machine (IBM) 
         13.1 Xerox Corporation 
         13.11 Huawei Technologies Co., Ltd.

    *Details Might Not Be Captured in Case of Unlisted Companies. 

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