Global ITS Market to Reach US$30.2 Bn by 2019 Fueled by Urgent Need for Road Safety Solutions
The growing need to improve the performance of existing transportation networks and escalating focus on road safety have emerged as major contributors of the global intelligent transportation systems (ITS) market, according to a report published by Transparency Market Research. The study, titled "Intelligent Transportation System (ITS) Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2013 - 2019", indicates that registering a strong CAGR of 11.1% from 2013 to 2019, the global ITS market is likely to reach...
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