System ITS Market
Share, Global Trends,
Analysis, Research, Report,
Segmentation and Forecast,
2015 - 2025
Future Market Insights
Intelligent transportation system is an advanced form of transportation system designed for
improving safety, security and efficiency in transportation network. Intelligent transportation
system is an integration of communication system along with information technologies in
transportation system. Reducing transportation network expansion space and increasing
number of vehicles in metropolitan areas increases pressure on transportation authorities for
improving performance of existing transportation network.
Intelligent Transportation System Market: Drivers and Restraint
Intelligent transportation system market in expanding rapidly. Increasing concern about traffic
congestion, increasing need of road safety improvements and increasing government support
are the major factors driving the growth of global intelligent transportation system market. On
the other hand, high cost of installation, lack of interoperability among intelligent transportation
system and existing infrastructure are some of the factors restraining the growth of global
intelligent transportation system market.
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Intelligent Transportation System Market: Segmentation
Global intelligent transportation system market is segmented on the basis of components, types,
On the basis of components, the global intelligent transportation system market can be
segmented into surveillance camera, interface board, monitoring & detecting system,
telecommunication network, software and others.
On the basis of types, the global...