ITS Market Are Booming So Rapidly? Industry in-Depth Analysis with Growing Trends: Denso, Advantech, GMV, Moxa Inc., TomTom, Thales, Xerox
Global ITS market is projected to surpass USD 34 billion by 2025. The market growth is attributed to the various government-led investments for smart city development and rise in the number of vehicles demanding smart mobility solutions. Growing investments in smart city development projects will foster the adoption of smart transportation solutions to regulate the traffic flow in cities. ITS solutions allow users to make better use of transportation systems and also provide ways for the development of smarter infrastructure....
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