Intelligent Transportation System Market 2025 Size Estimation, Industry Share, Business Analysis, Key Players, Growth Opportunities
“Intelligent Transportation System Market Report provides in-depth analysis of industry by production, share, size, Demand, Proposition, Development, Opportunities, Growth, Economic Trends, Technologies Research, Segmentation, Key Futuristic, Investment Feasibility, Major Key Players, SWOT analysis and Forecast”
The global Intelligent Transportation System (ITS) Market is anticipated to reach USD 66.5 billion by 2024. Rising awareness of road safety and need to improve existing transportation performance are expected to be the key driving factor for market growth. High traffic congestion due to urbanization and increasing number of on road vehicles has contributed to the demand for advanced traffic management systems for public. Consequent need for smart automobiles with public and private partnerships is forecasted to be a major growth opportunity for the intelligent transport system market. Various initiatives to deploy advanced traffic management systems such as vehicle to vehicle (V2V) and vehicle to infrastructure (V2I) communication is also expected to be witnessed as a key growth strategy.
Download Sample of This Strategic Report @ https://www.millioninsights.com/industry-reports/intelligent-transportation-system-itsmarket/request-sample Market Synopsis of Intelligent Transportation System Market: The report includes a summary of the leading Key players operating in the market, their product offerings, Size, Share, growth, trends, latest key developments, SWOT analysis, investment feasibility and returns, and the growth trends and forecast 2020 to 2028. The Report also calculate the market Solution, Service, Deployment, Revenue and Growth Rate. It includes a comprehensive evaluation of the market’s growth status and market risk.