2025
Global Smart Road Market Growth to $19.47 Billion for the Year
In 2025, spending in the global smart highway market reached $19.47 billion. More than a third of global costs came from the North American region. Such data are reflected in a Fortune Business Insights study, the results of which were published on January 23, 2026.
Smart roads are a high-tech transport infrastructure that includes all kinds of sensors, video cameras, artificial intelligence tools and V2X communication systems for exchanging data between various objects, vehicles and pedestrians. Such highways provide a number of important advantages. First of all, traffic safety increases: for example, drivers can receive notifications about risks, accidents, road works, etc. Special algorithms optimize traffic lights in real time, which helps regulate traffic flows, preventing congestion. Improved traffic reduces emissions by reducing downtime. Smart roads also contribute to the introduction of autonomous transport.
One of the key drivers of the market, the authors of the study call the development of generative AI (Genia). Neural networks are capable of analyzing huge amounts of information from sensors, cars, etc., at high speed. This makes it possible to predict the road situation and take the necessary measures in advance to regulate traffic. Automated systems help prevent accidents by improving traffic monitoring and management.
Technological advances have a positive impact on the industry. Thus, the expansion of 5G networks provides the possibility of high-speed data transmission with minimal delays, which is important for the operation of autonomous vehicles and V2X platforms. Developers are constantly improving the characteristics of sensors, increasing their accuracy and efficiency.
Analysts call high initial investment as the main deterrent. Companies and government agencies have to invest heavily in equipment, communications, energy systems and the integration of all these components. In addition, there are ongoing costs associated with software upgrades, cybersecurity, device calibration, and replacement of failing components.
The authors of the study segment the market into hardware solutions, software and services. In 2025, the first of these sectors provided the largest share of revenue: this is due to the fact that the creation of smart roads involves a large-scale deployment of infrastructure with a large number of sensors, cameras and traffic control devices, toll collection equipment, etc. Geographically, North America dominates with 34.3%, or $6.68 billion. Major industry players on a global scale are:
- Kapsch TrafficCom;
- Yunex Traffic;
- Conduent Incorporated;
- Indra;
- Swarco;
- Q-Free;
- TransCore;
- Efkon (Strabag Group);
- Cubic Transportation Systems;
- Serco.
In 2026, the volume of the market under consideration is expected to reach $21.2 billion. At the same time, the United States will have $5.66 billion, Europe - $5.85 billion, Asia-Pacific - $5.47 billion, South America - $1.1 billion, the Middle East and Africa - $1.58 billion. Fortune Business Insights analysts forecast a compound percentage CAGR of 10.5% going forward. As a result, by 2034, costs could increase to $47.14 billion.[1]
Sitronics Group introduces adaptive traffic light control system in Bishkek
Sitronics Group has implemented a system of adaptive and coordinated control of traffic lights in Bishkek. The company announced this on February 7, 2025. Read more here.
2024: Sitronics Group equips Bishkek's road network with smart systems and equipment
Sitronics Group equips Bishkek's road network with smart systems and equipment. Sitronics announced this on January 18, 2024. Read more here.
2023: Concrete with built-in sensors began to be used, which reports in advance on the need to repair the road
In mid-March 2023, the startup WaveLogix announced the commercialization of a new technology that will save millions of dollars in the construction and repair of concrete paved highways. Read more here.
2022
Simetra specialists will help create a transport model of Tashkent
Experts SIMETRA will act as supervisors for the project development of the urban public transport Tashkent agglomeration. Within the framework of cooperation, a transport model will be created and measures will be developed to improve the existing system of movement. The company announced this on August 25, 2022. Read more here.
Simetra has developed a transport master plan for the Samarkand agglomeration
On May 24, 2022, SIMETRA announced the development of a transport master plan for the Samarkand agglomeration. Read more here.
MegaFon will ensure the introduction of digital technologies in the transport industry of Uzbekistan
MegaFon, Digital Holdings and the State Road Committee of the Republic of Uzbekistan signed a memorandum of cooperation in the field of digital transformation of the road transport industry. MegaFon announced this on April 26, 2022. Read more here.
2021: Simetra to develop Samarkand transport master plan
On February 4, 2021, SIMETRA, a competence center in the field of transport flow modeling and transport planning, announced the development of a transport master plan for Samarkand. The project is designed until 2031. Read more here.
2020
Experts named the main trends in the development of transport infrastructure in 2021
The concept of "15-minute city," once proposed by the mayor of Paris Anne Hidalgo, is gradually gaining popularity. The main task is to enable each resident to get to work, a hospital and other important social facilities in 15 minutes, Smart Cities Dive reported in December 2020.
The trend towards electrification of all types of transport in megacities will continue to develop next year. The electric motor will acquire not only scooters and crossovers, but also even aircraft and motor boats.
Startups to create digital counterparts of urban space will be in particular demand. The virtual model of the city allows you to test the innovations in advance, calculate the costs, quickly notice the problem and eliminate it.
Simetra helps develop Uzbekistan's transport system
SIMETRA, a competence center in the field of transport flow modeling and transport planning, has delivered a set of PTV software systems to the Ministry of Transport of the Republic of Uzbekistan. This became known on December 9, 2020. Read more here.
2019: Traffic management software and equipment sales totaled $30.6 billion
In early March 2020, analysts at ResearchAndMarkets published a study on the market for traffic management software and equipment. Sales of such solutions in 2019 amounted to $30.6 billion, and this figure is expected to grow to $57.9 billion by 2024.
In 2019, the traffic management technology market led hardware sales. The hardware segment is an important aspect of traffic management, and data collected by hardware devices forms the basis of intelligent traffic system functions. These devices include automatic vehicle identifiers, global positioning system (GPS) based automatic vehicle locators, sensors, and cameras.
However, it is assumed that in 2020-24. the segment of dynamic traffic control systems will grow fastest. They use simulation models combined with real-time traffic information to predict the impact of different traffic management strategies. This allows users to share information and manage traffic more efficiently.
It is assumed that this segment will develop fastest in the Asia-Pacific region, where almost 40% of the world's population lives. On the one hand, countries such as China, India and South Korea are growing rapidly and at the same time dealing with the problems of a demographic explosion, and on the other, in the same region there are small and high-tech states like Singapore and Japan, already ready to introduce new technologies.
Factors such as urban population growth and high demographics, government traffic management initiatives and public-private partnership working models are expected to contribute to further market growth.[2]
See also
- Platon Toll collection system for vehicles weighing more than 12 tons - RT-Invest Transport Systems (RTITS)
- Intelligent Transport Infrastructure (ITS) Russia
- AIC Safe City - as part of the implementation of the federal program "Safe City"
- Digital platform of the transport complex of the Russian Federation (TsPTK)
- Unified state information system for ensuring transport security
- Digital Transport and Logistics CTL (departmental project)
- Smart cities
- State IT giants: the 10 most expensive information systems in modern Russia
- Unified Federal Center for Automatic Recording of Traffic Violations (CAFAP)
- NTI Autonet
- Avtodata Platform
- Regional Navigation and Information System (RNIS)
- Video recording (photo and video recording) cameras
- Moscow Smart City
- Intelligent Transport System (Moscow)
- Navigation and Information Center for the Administration of Freight Road Transport in Moscow
- Transport in Moscow
- Self-driving cars in Russia
- Self-driving cars (global market)
- Autopilot (self-driving car)
- Vehicle-to-Everytning (V2X) 5G in car evolution
- Transportation Management System Transport Management Systems and Projects
- Fleet management systems Auto management systems Systems and projects
- Vehicle Safety and Control SystemsSystems and Designs
- Satellite Communications and NavigationSystems and Projects
Notes
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