How Big is the Smart Highway Market | Insights, Forecast & Growth Analysis 2025

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Code: MTA8988

Publication Date: Sep 2025

How Big is the Smart Highway Market?

According to 6Wresearch internal database and industry insights, the Global Smart Highway Market was valued at USD 26.1 Billion in 2024 and is expected to reach USD 71.5 Billion by 2031, growing at a compound annual growth rate of 17.70% during the forecast period (2025-2031).

The market is driven by growing investments in intelligent transportation systems, rising demand for safety and traffic management solutions, improvements in IoT and AI for monitoring infrastructure, and government initiatives that support connected and sustainable transportation.

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Key Growth Drivers of the Smart Highway Market

Using intelligent traffic management and monitoring systems
Increasing investments in connected and autonomous vehicle infrastructure
Growing demand for improved technologies to increase road safety and prevent accidents
Advances in data analytics, IoT, and AI for transportation solutions
Government initiatives that support the creation of intelligent infrastructure

Smart Highway Market Trends

Smart Highway Market is witnessing major growth with notable trends such as increasing integration of IoT-enabled sensors, cameras, and communication devices in roads. Vehicle-to-infrastructure communication is improving traffic flow and safety in real time. Solar-powered highways and energy-harvesting road technologies are gaining popularity. AI-based traffic analytics and automated tolling systems are also becoming more necessary. The trend toward connected EV charging lanes and digitally controlled traffic systems is also influencing the market course. Large-scale smart highway projects are also being funded by public and private entities in an effort to promote sustainable urban mobility and ease traffic.

Emerging Developments in the Smart Highway Market

Smart Highway Market is accelerating with developments in dynamic wireless EV charging systems integrated into roads. Predictive highway maintenance is now possible due to rising investments in digital twin technologies. The widespread use of intelligent transport systems is being increased by partnerships among governments, technology companies, and telecom providers. The use of blockchain technology for secure data exchange in smart highway operations is growing. Furthermore, the development of advanced safety systems and adaptive traffic signal control is a major factor in the market expansion. Additionally, real-time data processing is being improved by the combination of edge computing and cloud-based platforms, allowing for quicker and more effective highway management.