The Global Intelligent Transportation System Market was valued at...

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2024-05-20 17:32:11 -

The Global Intelligent Transportation System Market was valued at USD 29.40 billion in 2022, and is estimated to reach approximately USD 56.84 billion by 2031, at a CAGR of 7.6% from 2023 to 2031.

A group of cutting-edge technologies known as an intelligent transportation system (ITS) are used to increase the effectiveness, security, and sustainability of transportation networks. In order to improve overall transportation operations, ITS incorporates a number of components, including sensors, communication networks, data analytics, and control systems. Intelligent infrastructure,...

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