Intelligent Transportation Systems Market Worth $21.75 Billion In 2017’ Says Visiongain Report

17 August 2017
Automotive

Visiongain’s new report the Intelligent Transportation Systems (ITS) Market Report 2017-2027: Forecasts by Systems (ATPS, ATIS, ATMS, Cooperative Systems, ANPR & APTS), By Application (Freight Management, Traffic Management, Public Transport, Parking Management, Emergency Vehicle Notification, Dynamic Traffic Light Sequence, Automotive Telematics, Road User Charging, Automated Vehicle & Environment Protection), And By Technologies (Wireless Communications, Floating Car Data / Floating Cellular Data, Computational Technologies and Sensors) indicates that the global Intelligent Transportation Systems (ITS) market will see $ 21.75 Bn in spending in 2017.

The lead analyst of the report said: “The Intelligent transportation systems market anticipated to witness an exponential growth rate over the forecast period. With the introduction of driverless cars and automated traffic management systems, the global ITS market is expected to exhibit substantial growth globally. Improving wireless communication in various regions is constantly improving the reliability and interoperability of transportation networks. This is boosting market growth for ITS globally. In addition, growth of awareness about road safety among drivers and car owners is adding to the growth of the global ITS market. ITS also provides higher benefit-cost ratio for users in a competitive environment which is triggering market growth.

The 254 page report contains 310 tables, charts and graphs that add visual analysis in order to explain developing trends within the Intelligent Transportation Systems (ITS) market. Visiongain provides revenue forecasts for the period 2017-2027 for the leading Intelligent Transportation Systems (ITS) submarkets by systems (ATPS, ATIS, ATMS, Cooperative Systems, ANPR & APTS), by application (Freight Management, Traffic Management, Public Transport, Parking Management, Emergency Vehicle Notification, Dynamic Traffic Light Sequence, Automotive Telematics, Road User Charging, Automated Vehicle & Environment Protection), and by technologies (Wireless Communications, Floating Car Data / Floating Cellular Data, Computational Technologies and Sensors)

The 254 page report offers market forecasts and analysis for 4 regional markets and 9 leading national markets and the rest of the world market. In addition, the report contains a dedicated leading companies’ chapter covering more than 10 companies leading the field in Intelligent Transportation Systems (ITS).

The Intelligent Transportation Systems (ITS) Market Report 2017-2027: Forecasts by Systems (ATPS, ATIS, ATMS, Cooperative Systems, ANPR & APTS), By Application (Freight Management, Traffic Management, Public Transport, Parking Management, Emergency Vehicle Notification, Dynamic Traffic Light Sequence, Automotive Telematics, Road User Charging, Automated Vehicle & Environment Protection), And By Technologies (Wireless Communications, Floating Car Data / Floating Cellular Data, Computational Technologies and Sensors report will be of value to anyone who wants to better understand the Intelligent Transportation Systems (ITS) market and its various segments. It will be useful for businesses who wish to better comprehend the part of the market they are already involved in, or those wishing to enter or expand into a different regional or technical part of the Intelligent Transportation Systems (ITS) industry.

Notes for Editors
If you are interested in a more detailed overview of this report, please send an e-mail to sara.peerun@visiongainglobal.com or call her on +44 (0) 207 336 6100

About visiongain
Visiongain is one of the fastest-growing and most innovative independent media companies in Europe. Based in London, UK, visiongain produces a host of business-to-business conferences, newsletters, management reports and e-zines focusing on the automotive, chemical, cyber, defence, energy, pharmaceutical, materials and telecoms sectors.

Visiongain publishes reports produced by its in-house analysts, who are qualified experts in their field. Visiongain has firmly established itself as the first port of call for the business professional who needs independent, high-quality, original material to rely and depend on.

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