Intelligent Transportation System Market Size Is Expected to Grow with a CAGR of 5.25% Forecasts Till 2027
The rising demand for efficient and cost-effective transportation and goods-delivery system owing to rapid urbanization along with increased road congestion. Intelligent transportation system is the integration of modern technologies which includes internet of things, artificial intelligence and management strategies into transportation system with an aim to provide innovative services relating to different modes of transport and traffic management.
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