North America's Intelligent Transport Systems (ITS) Market 2015- Worldwide Industry Is Expected to Grow at a CAGR of 6.49% During the Period 2014-2019
An ITS is a sophisticated application, which provides solutions related to various modes of transport and traffic management. It allows commuters to be informed about the traffic situation, and enhances road safety. The traffic management process is also streamlined with the optimization of quality, and the reduction in time required for implementation of decisions as well as in costs incurred.
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