U.K. Intelligent Traffic Management System Market Size & Outlook
The intelligent traffic management system market in the UK is expected to reach a projected revenue of US$ 1,019.4 million by 2030. A compound annual growth rate of 12.3% is expected of the UK intelligent traffic management system market from 2025 to 2030.
Automotive, Mobility & Logistics
Automotive & Auto Aftermarket
Intelligent Traffic Management System Market Outlook
UK intelligent traffic management system market highlights
The UK intelligent traffic management system market generated a revenue of USD 526.6 million in 2024 and is expected to reach USD 1,019.4 million by 2030.
The UK market is expected to grow at a CAGR of 12.3% from 2025 to 2030.
In terms of segment, traffic monitoring system was the largest revenue generating solution in 2024.
Intelligent Driver Information System is the most lucrative solution segment registering the fastest growth during the forecast period.
Intelligent traffic management system market data book summary
Market revenue in 2024
USD 526.6 million
Market revenue in 2030
USD 1,019.4 million
Growth rate
12.3% (CAGR from 2025 to 2030)
Largest segment
Traffic monitoring system
Fastest growing segment
Intelligent Driver Information System
Historical data
2018 - 2023
Base year
2024
Forecast period
2025 - 2030
Quantitative units
Revenue in USD million
Market segmentation
Traffic Monitoring System, Traffic Signal Control System, Traffic Enforcement Camera, Integrated Corridor Management, Intelligent Driver Information System, Other
Key market players worldwide
Thales, International Business Machines Corp, Portland General Electric Co, Siemens AG, TomTom NV, Q-Free ASA Ordinary Shares, Transcore, Cubic Corporation, Atkins, Kapsch Group
Other key industry trends
In terms of revenue, UK accounted for 4.2% of the global intelligent traffic management system market in 2024.
Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
In Europe, Germany intelligent traffic management system market is projected to lead the regional market in terms of revenue in 2030.
Denmark is the fastest growing regional market in Europe and is projected to reach USD 861.3 million by 2030.
The expanding transportation infrastructure, favorable economic policies, and government initiatives for improving digitization and sustainability in the transportation infrastructure have boosted the growth of the ITMS market in the U.K.
For instance, in March 2022, the U.K. government announced the funding of USD 197.2 million to support bus and light rail services across the country. This funding helped enhance partnerships among local authorities working toward a sustainable future.
Furthermore, the government is encouraging investments and partnerships with private players to strengthen transportation infrastructure and traffic systems in the country. For instance, in July 2023, Q-Free ASA, an intelligent transportation system provider, announced the deployment of its Kinetic Counts software in the U.K.
U.K. Intelligent Traffic Management System Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Intelligent Traffic Management System Market Outlook will help companies and investors design strategic landscapes.
Traffic Monitoring System was the largest segment with a revenue share of 22.9% in 2024.
Horizon Databook has segmented the U.K. intelligent traffic management system market based on traffic monitoring system, traffic signal control system, traffic enforcement camera, integrated corridor management, intelligent driver information system, other covering the revenue growth of each sub-segment from 2018 to 2030.
The expanding transportation infrastructure, favorable economic policies, and government initiatives for improving digitization and sustainability in the transportation infrastructure have boosted the growth of the ITMS market in the U.K.
For instance, in March 2022, the U.K. government announced the funding of USD 197.2 million to support bus and light rail services across the country. This funding helped enhance partnerships among local authorities working toward a sustainable future.
Furthermore, the government is encouraging investments and partnerships with private players to strengthen transportation infrastructure and traffic systems in the country. For instance, in July 2023, Q-Free ASA, an intelligent transportation system provider, announced the deployment of its Kinetic Counts software in the U.K.
U.K. Intelligent Traffic Management System Market Solution Outlook (Revenue, USD Million , 2021-2033)
Traffic Monitoring System
Traffic Signal Control System
Traffic Enforcement Camera
Integrated Corridor Management
Intelligent Driver Information System
Other
Reasons to subscribe to Intelligent Traffic Management System Market Outlook databook
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Intelligent Traffic Management System Market Outlook databook
Our clientele includes a mix of Intelligent Traffic Management System Market Outlook companies, investment firms, advisory firms & academic institutions.
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the U.K. Intelligent Traffic Management System Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into U.K. Intelligent Traffic Management System Market Outlook from 2021 to 2033, including revenue numbers, major trends, and company profiles.
U.K. Intelligent Traffic Management System Market, 2021-2033 (US$M)