UK smart transportation market is projected to grow at a significant CAGR of around 14.8%
during the forecast period (2020-2026). The market for smart transportation in UK is
projected to grow at a high rate during the forecast period, backed by the rising focus of the
government on the deployment of smart city infrastructure by introducing smart city projects
across the country. The market players are continuously developing advanced technology-
based solutions for the smart transportation in UK.
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In November 2020, Transport for Greater Manchester (TfGM) has signed a partnership
agreement with Vivacity Labs with an aim to roll out the AI-controlled smart traffic
junctions to drive the traffic management in the country.
In November 2020, Diode, a start-up based in UK, has secured $193,540 (~£146,000)
in grant funding from Innovate UK to augment its development in UK. The start-up will
use the funds in the development of a fully-automated software solutions for
organizations, businesses, and individuals.
In November 2020, a mobile division of Toyota, Kinto, announced the use of
Fleetondemand’s Mobilleo platform to engage the new multi-modal services in UK.
In October 2020, Tyne and Wear Passenger Transport has announced to secure
around $132 million of Government investment to improve public transport system.
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UK Smart Transportation Market – Segmentation
By Transportation Mode
Ticketing Management System
Parking Management System
Traffic Management System
Others (Integrated Supervision System)
Advantech Co., Ltd.
Bentley Systems, Inc.
Cisco Systems, Inc.