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Global-Intelligent-Transportation-System-ITS-Market

Theu00a0global intelligent transportation system market size is anticipated to register a sustainable CAGR of around 7%u00a0during the forecast period 2021 to 2027. The increasing demand for traffic control systems and the rising adoption of smart vehicles around the globe is a primary factor to drive the market growth. Government regulation, supportive initiatives, and the development of smart cities are further expected to boost the market. Moreover, the increasing number of commercial vehicles around the world, lack of transportation infrastructure, and lack of traffic data management is further

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Global-Intelligent-Transportation-System-ITS-Market

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  1. Global Intelligent Transportation System ITS Market Global Intelligent Transportation System ITS Market by Type, by Application, Size, Share, Growth, Global Trends, Industry Analysis and Forecast to 2027

  2. Global Intelligent Transportation System ITS Market Market Synopsis: Theglobal intelligent transportation system market size is anticipated to register a sustainable CAGR of around 7% during the forecast period 2021 to 2027. The increasing demand for traffic control systems and the rising adoption of smart vehicles around the globe is a primary factor to drive the market growth. Government regulation, supportive initiatives, and the development of smart cities are further expected to boost the market. Moreover, the increasing number of commercial vehicles around the world, lack of transportation infrastructure, and lack of traffic data management is further expected to uplift the market growth over the forecast period. In addition, the rising e-commerce and manufacturing activities are encouraging many logistics players to deploy monitoring and management systems which are expected to boost the market.

  3. Global Intelligent Transportation System ITS Market Research Methoddology:

  4. Global Intelligent Transportation System ITS Market Global Intelligent Transportation System Market Segmentation: By Type: • Advanced Traveler Information System (ATIS) • Advanced Traffic Management System (ATMS) • Advanced Transportation Pricing System (ATPS) • Advanced Public Transportation System (APTS) • Emergency Medical System (EMS) By Application: • Traffic Management • Road Safety and Security • Freight Management • Public Transport • Environment Protection • Automotive Telematics • Parking Management • Road Tolling Systems

  5. Global Intelligent Transportation System ITS Market List of Key Companies: • Siemens AG • Thales Group • IBM Corporation • Cubic Corporation • Denso Corporation • Addco • Agero, Inc. • Hitachi, Ltd. • Garmin Ltd. • Xerox Corporation

  6. Global Intelligent Transportation System ITS Market By Region: • North America • Europe • Asia Pacific • Latin America • Middle East & Africa To know more about this study, request a free sample report @ https://www.researchcorridor.com/request-sample/?id=12524

  7. Global Intelligent Transportation System ITS Market Media Contact: Company Name: Research CorridorContact Person: Mr. Vijendra SinghEmail: sales@researchcorridor.com Follow Us:

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