For a long time the ITS vendor landscape was relatively stable but in the last couple of years dynamics in the industry started to change as the importance of broader mobility is increasing. The market is not only seeing consolidation by most recent acquisitions like Swarco taking over Dynniq or Singapore Technologies acquiring Transcore.
Driven by new technologies also more and more ITS startups enter the scene with new solutions and fresh thinking. Their activities are often centered around the question how traffic and mobility can be optimized using artificial intelligence, big data technologies, and data fusion techniques. Some of the startups are complementary to existing ITS players while others attempt to go head to head.
Here are some sample companies representing this next generation of ITS companies. It will be interesting to follow how these new players do and whether they will succeed in an industry where a strong technology-focus is clearly an important success factor, but in which several other ingredients need to be in place to make or break it.