Smart Highway Market Size, Share & Industry Analysis, By Component (Hardware, Software, and Services), By Technology (IoT Sensing Networks, Edge Computing, and V2X Communication), By Application (Traffic Monitoring and Management, Incident Detection and Emergency Response, Weather and Environmental Monitoring, and Others), By End User (Government and Highway Authorities, Municipal Transport Agencies, and Toll Road Operators), and Regional Forecast, 2026 – 2034

ATTRIBUTE

DETAILS

Study Period

2021-2034

Base Year

2025

Estimated Year

2026

Forecast Period

2026-2034

Historical Period

2021-2024

Growth Rate

CAGR of 10.5% from 2026-2034

Unit

Value (USD Billion)

Segmentation

By Component, Technology, Application, End User, and Region

By Component

·         Hardware

o   Sensors

o   Surveillance and detection

o   Traffic Control Devices

o   Others (Tolling Hardware)

·         Software

·         Services

By Technology

·         IoT Sensing Networks

·         Edge Computing

·         V2X Communication

By Application

·         Traffic Monitoring and Management

·         Incident Detection and Emergency Response

·         Weather and Environmental Monitoring

·         Others (Smart Tolling)

By End User

·         Government and Highway Authorities

·         Municipal Transport Agencies

·         Toll Road Operators

By Region

·         North America (By Component, Technology, Application, End User, and Country)

o   U.S. (By End User)

o   Canada (By End User)

o   Mexico (By End User)

·         South America (By Component, Technology, Application, End User, and Country)

o   Brazil (By End User)

o   Argentina (By End User)

o   Rest of South America

·         Europe (By Component, Technology, Application, End User, and Country)

o   U.K. (By End User)

o   Germany (By End User)

o   France (By End User)

o   Italy (By End User)

o   Spain (By End User)

o   Russia (By End User)

o   Benelux (By End User)

o   Nordics (By End User)

o   Rest of Europe

·         Middle East & Africa (By Component, Technology, Application, End User, and Country)

o   Turkey (By End User)

o   Israel (By End User)

o   GCC (By End User)

o   North Africa (By End User)

o   South Africa (By End User)

o   Rest of Middle East & Africa

·         Asia Pacific (By Component, Technology, Application, End User, and Country)

o   China (By End User)

o   India (By End User)

o   Japan (By End User)

o   South Korea (By End User)

o   ASEAN (By End User)

o   Oceania (By End User)

o   Rest of Asia Pacific