Global Smart Highway Market Analysis by Knowledge Sourcing Intelligence

The global smart highway market is expected to be valued at US$16.916 billion in 2018 and is projected to reach US$40.607 billion by 2023 exhibiting a CAGR of 19.14% during the forecast period. This market will witness a high growth in the next five years owing to the rise in the demand for the intelligent traffic management systems.

The smart highway market has been segmented on the basis of technology, display, deployment, service, and geography.

By Technology

Smart Transport Management System

Smart Traffic Management System

Smart Communication System

Smart Monitoring System

 

By Display

Digital Signage

Variable Signage

 

By Deployment

On Premise

On Cloud

 

By Service

Consultancy Service

Operation and Maintenance Service

Managed Service

 

By Geography 

South America

Europe 

Middle East and Africa 

Asia Pacific