Congestion costs cities time, fuel, safety and economic output, and building more road lanes is rarely an option. Transportation agencies are therefore turning to software and sensors to squeeze more capacity from the roads they already have. The intelligent traffic management system market was valued at USD 13.5 billion in 2025and is projected to reach USD 45.0 billion by 2034, expanding at a CAGR of 14.3% from 2026 to 2034.
This article walks through the forces behind that growth, the shift to
