Intelligent Transportation System Market - Detailed Analysis and Forecast to 2024
Population in urban areas is increasing very rapidly and it is expected that more than 70% of the world's population will live in metropolitan areas by 2050. This growth in urban population along with rising number of vehicle owners is increasing the demand for better transportation networks. In the last two decades, both developed and developing countries faced increasing traffic congestions. An intelligent transportation system (ITS) is broadly defined as integration of information and communication technology with the existing transportation...
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