Help us understand the economic value of ITS

ITS UK is calling on the transport technology industry to support a landmark economic study to quantify the economic contribution of the UK sector, by filling in a survey.

Conducted in partnership with Capital Economics, the study will determine the economic value (GVA), jobs, and tax revenue from the sector, supporting ITS UK’s advocacy work by providing robust statistics to policymakers on how the sector can support economic growth.

A survey is now available for ITS UK members, wider transport technology firms and public sector bodies to fill in, asking questions around the economic activity of individual organisations. All responses will be treated confidential and will be shared with Capital Economics exclusively.

Why do we need this report?

Given the recent Spending Review, and a tough environment for the economy, it is essential that ITS UK is able to demonstrate the value of the sector to Government. Ensuring we have robust figures that set out the value transport technology provides will help us in making the best case possible for further investment.

As Max Sugarman, Chief Executive of ITS UK, said: “The transport technology sector plays a critical role in supporting a smarter, safer, greener and more efficient transport network. Yet, with the recent Spending Review, and the Government setting out a clear mission for growth, it is more essential than ever that the industry has robust evidence to show the value it provides to the economy.

Max adds: “With Capital Economics, we are aiming to develop figures on the economic growth, jobs and tax revenue the sector provides, but to do so, we need the sectors’ help. We’re asking all in the industry to fill in a confidential survey setting out their economic activity so we can build up a national picture of the sector, thereby helping us advocate the value of the industry to policymakers at this critical time for transport investment.

“We encourage all to fill in the survey – help us make the case for ITS, and for the role it plays as a strategically important sector for the economy.”

How you can help

  1. Fill in the survey here. Please note, you will need to download the survey before you can edit it (via the button on the top right corner)
  2. Send the survey back to Ippolito Tarabini at Capital Economics, at ippolito.tarabini@capitaleconomics.com by 31 July. 
  3. Help share the survey with your network by posting this graphic and link to the survey* on your social media channels.

The more who fill in the survey, the better, so please share this graphic far and wide. Even if you cannot provide all the requested information, we strongly encourage you to complete as much of the survey as possible. Partial responses or best estimates are far more valuable than no response at all. The more data Capital Economics receives, the stronger and more accurate the findings will be

Results from the study are expected to be published in Autumn 2025.