Intelligent Transport Systems (ITS) Market to Grow at an Impressive Rate and Reach a Value of US $70,798.4 Mn by 2027
According to a recently published report by Future Market Insights titled "Intelligent Transport Systems (ITS) Market: Global Industry Analysis (2012-2016) and Opportunity Assessment (2017-2027)," the global intelligent transport systems (ITS) market is expected to be valued at US$ 21,481.4 Mn in 2017, and is projected to reach US$ 70,798.4 Mn by 2027 end, expanding at CAGR of 12.7% throughout the assessed period. The primary factors which are driving this market are growing inclination towards better transport infrastructure and increase in spending on intelligent transportation...
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