EXECUTIVE ENGAGEMENTS
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DATE
JUL 2022
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717
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MCP-1109
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Global Intelligent Transportation Systems (ITS) Market to Reach $39.5 Billion by 2026
Intelligent Transportation Systems are integrated networks of communication technologies, independent modules of sophisticated pc/satellite-based navigation systems and other electronic data sensing, collection and transmission systems that collectively enhance transportation experience in terms of highly regulated and congestion-free traffic flow; guided, hassle-free, safer and collision-free on-road travel; faster emergency response times; automated & unobtrusive vehicle recognition & tracking; toll collection and fleet management. With the help of advanced traffic monitoring systems, data is transmitted to the appropriate authorities for readying rescue teams on time and the motoring public to keep track of possible delays or dangers on the road via VMS (variable message signs), HAR (highway advisory radio) or broadcast radio traffic reports.
ITS, entailing the application of information, communication, sensor and control systems to improve surface transportation systems` performance, can be classified into areas that address different transportation requirements such as travel security, reliability, higher mobility and lowered traffic jams. The technology comprises of traffic signal controls, electronic fare payment and constantly updated traveler data in conjunction with multimodal scheduling data. Superior navigation, communications, operations monitoring and data-collecting technologies are applied to improve the mobility, security and efficiency of transportation. Traveler management systems help in easing congestion on roads and in significantly reducing the response times in case of emergencies. ITS for public transportation services aid in streamlining transit, enable transit firms in identifying the precise location of vehicles and ensuring safety of commuters.
Global Intelligent Transportation Systems market is projected to register healthy growth over the near-to-long term. The market, estimated at US$27 Billion in 2022 is projected to reach US$39.5 Billion by 2026, registering a compounded annual growth rate (CAGR) of 8.8% over the analysis period. The United States represents the largest regional market for Intelligent Transportation Systems, accounting for an estimated 39.1% share of the global total. The market, estimated at US$10.5 Billion in 2022 is projected to reach US$15.9 Billion by the close of the analysis period. China is expected to spearhead growth and emerge as the fastest growing regional market with a CAGR of 14.2% over the analysis period. The market is expected to progress steadily to evolve as a major regional market for Intelligent Transportation Systems, supported by various factors conducive to healthy growth.
ATMS Segment to Reach $12.6 Billion by 2026
ATMS play a significant role in easing traffic congestion, as they are capable of decreasing waiting time at signals by 20% to 30%, and subsequently travel time by 25%. They are integrated into traffic control systems installed in urban and interurban transportation networks to facilitate effective use of road space. This decreases the financial burden placed on governments and transportation authorities as it reduces the necessary investments required towards road network expansions. Global market for ATMS (Type) segment is estimated at US$9.5 Billion in 2022, and is projected to reach US$12.6 Billion by 2026 reflecting a compounded annual growth rate of 6.5% over the analysis period. The United States constitutes the largest regional market for ATMS segment, accounting for 41.8% of the global sales. China is poised to register the fastest compounded annual growth rate of 10.3% over the analysis period, to reach US$1.4 Billion by the end of the analysis period.
SELECT PLAYERS
Accenture; Citilog SA; Conduent Business Services, LLC; Cubic Corporation; Denso Corporation; EFKON AG; emovis; FLIR Systems, Inc.; Hitachi Vantara Corporation; IBM Corporation; Image Sensing Systems Inc.; INIT Innovation in Traffic Systems SE; Intelight Inc.; Iteris, Inc.; ItraMAS Corporation Sdn Bhd; Kapsch TrafficCom AG; LeddarTech Inc.; Q-Free ASA; Siemens AG; SpeedInfo, Inc.; SWARCO AG; Telenav, Inc.; TransCore Holdings, Inc.
SEGMENTS
» Type (ATMS, ETC Systems, and Other Types)
GEOGRAPHIES
» World » USA » Canada » Japan » China » Europe » France » Germany » Italy » UK » Spain » Rest of Europe » Asia-Pacific » Rest of World
TABLE OF CONTENTS
I. METHODOLOGY |
II. EXECUTIVE SUMMARY |
1. MARKET OVERVIEW |
Impact of COVID-19 Pandemic and Looming Global Recession: 2020 Marked as a Year of Disruption & Transformation |
EXHIBIT: World Economic Growth Projections (Real GDP, Annual % Change) for 2020 through 2022 |
Effect of the Pandemic on Transportation Industry |
COVID-19 Necessitates Profound Changes in Travel Patterns |
COVID-19 Holds Hidden Opportunity for Intelligent Transportation System |
Pandemic Creates Need for Resilient Transportation System |
COVID-19 Brings Fourth Need for Intelligent Transportation Systems amid Certain Limitations |
Intelligent Transportation Systems (ITS): Product Profile |
ITS: An Introduction |
ITS Integration |
Enabling Technologies |
Different Phases of ITS Application |
Segment Overview |
Advanced Traffic Management Systems (ATMS) |
Electronic Toll Collection Systems |
Other Intelligent Transportation Systems |
Understanding Load Tracking System |
In Vehicle Intelligent Transportation Systems: A Complimentary Review |
Passenger Vehicle Applications |
Commercial Vehicle Applications |
Adopting Alliance as a Growth Strategy |
Outlook |
Intelligent Transportation System: A Cornerstone Technology for Smart Transportation |
ITS Empowering the Real Modern Day Transport Infrastructure |
Rationale behind Installation of ITS |
Key ITS Capabilities in a Capsule |
Enhancing Efficiency & Economy of Transport Systems |
Ensuring Safety & Security |
Key Result Areas of ITS in Ensuring Safety |
Internet, X Ray and DSRC: The Key ITS Enablers |
A Disparate Market |
Market Scenario |
Developed Markets: Traditional Revenue Contributors for ITS Market |
EXHIBIT: World ITS Market: Percentage Breakdown of Revenues for Developed and Developing Regions for the Years 2021 & 2027 |
Developing Markets to Turbo Charge Future Growth in the ITS Market |
EXHIBIT: World ITS Market: Geographic Regions Ranked by CAGR (Revenues) for 2020-2027 |
Intelligent Transportation Systems (ITS) – Global Key Competitors Percentage Market Share in 2022 (E) |
EXHIBIT: Transportation Management Systems Market Share Breakdown of Key Players: 2020E |
EXHIBIT: Transportation Software Global Competitor Market Share Positioning for 2020E |
Recent Market Activity |
Select Innovations & Advancements |
Global Brands of Select Region |
Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E) |
2. FOCUS ON SELECT PLAYERS |
3. MARKET TRENDS & DRIVERS |
As a Novel Platform Capable of Enabling Future-Proof Traffic Management, ITS Set to Widen its Addressable Market |
Continued Rise in Vehicular Traffic and Need to Regulate Traffic Flow: A Business Case for ITS Investments |
EXHIBIT: Vehicular Population Worldwide: Number of Vehicles in Millions for Years 2015, 2025 & 2040 |
EXHIBIT: Breakdown of Annual Hours of Delay Due to Traffic Congestions in Select Countries & Cities Worldwide |
Growing Number of Road Accidents and Need to Ensure on-Road Safety to Commuters Drives Business Case for ITS |
EXHIBIT: Number of Deaths Caused by Road Accidents Worldwide by Region for the Years 2017 & 2030 |
Focus on Smart Highways and Smart Roads to Enhance ITS Deployments |
EXHIBIT: The Growing Need to Bridge Infrastructure Gap Which is the Highest for Roadways Promises Robust Opportunity for Smart Highways: Global Cumulative Investments in Roadways Vs Actual Need for the Period 2016-2040 (In US$ Billion) |
Growing Investments in Road Infrastructure Development |
EXHIBIT: Continuous Development of World’s Highways to Expand Market Opportunities for ITS & Allied Markets: Length of Road Networks (In 000 Kilometers) in Top 15 Countries Worldwide for the Year 2018 |
Heightened Focus on Integrating Diverse Technologies Set to Streamline ITS Landscape |
Prevailing Technological Trends Fully Support Deployments of Large-Scale ITS |
Rapid Urbanization Triggers Growth in the ITS Market |
EXHIBIT: World Population (in Thousands) by Geographic Region for the Years 2019, 2030, 2050, 2100 |
EXHIBIT: World Urban Population in Thousands: 1950-2050P |
EXHIBIT: Degree of Urbanization Worldwide: Urban Population as a % of Total Population by Geographic Region for the Years 2000, 2020 & 2050 |
Increasing Number of Mega Cities Favors Future Growth |
EXHIBIT: Global Distribution of Cities by Type (2015 & 2030): Percentage Breakdown of Number of Cities by Type |
EXHIBIT: Global Urban Population Distribution by City Type (2015 & 2030): Percentage Breakdown of Population by Type |
Major Global Cities Leading the Way in Deployment of Intelligent Transportation Systems |
Growing Smart City Market to Drive Demand for ITS |
EXHIBIT: Number of Smart Cities Worldwide (2013-2020) |
EXHIBIT: Number of Smart Cities Worldwide by Geographic Region (2025) |
Capabilities to Improve Logistics Drives Adoption of ITS |
Growing Emphasis on Smart Transportation Widens Prospects |
Smart Parking Technologies Come to the Fore to Address Parking Related Issues |
Transformational Role of IoT Expands ITS Application Areas |
EXHIBIT: Global Number of IoT Connected Devices (In Billion Units) for the Years 2016, 2018, 2020, 2022 & 2025 |
EXHIBIT: Global IoT Market (In US$ Billion) by Industry for the Years 2018 and 2022 |
Advanced In-Vehicle Infotainment Systems Render Support to ITS Networks |
Public-Private Collaborations Support ITS Development |
Government Policy Vis-à-vis ITS Projects: Critical for ITS Implementations |
Private Sector Purchases Set to Increase |
The Secret of Success of ITS Projects Lies in “Concept Selling” |
Rapidly Evolving Role of Cellular Networks in ITS: A Major Ongoing Trend |
5G to Widen the Role of Cellular Connectivity in ITS Ecosystem |
Dynamic Roadside Signs for Providing Information about Truck Parking Space Availability |
Super Intelligent Transport Systems Emerge to Redefine ITS Concept |
Technology Developers & Authorities Seek to Bring Forward Interoperability Standards |
Key Objective Areas of the Common Standards |
Automated Electronic Toll Collection Makes its Way into the ITS Domain |
Positive Outlook for ETC Systems Market |
Growing Popularity of Road User Charging Brightens Market Prospects for ETC |
Need to Avoid Lengthy Waiting Lines & Environmental Pollution at Toll Plazas Drives Demand |
Innovation & Market Differentiation – Key Determinants for Success of ETC Projects |
Lower Operational Costs of ETC Systems Enable Increased Acceptance |
Smart Cards in Demand for ETC Systems |
Cooperative ITS Promises to Change the Face of Urban Transportation |
Europe Remains at the Forefront of C-ITS Efforts Worldwide |
V2X Gains Notable Attention to Alleviate Traffic Concerns |
Connected Vehicles Pave the Way for Wider Uptake of V2X Technologies |
EXHIBIT: Global Connected Vehicle Shipments (In Million Units) for the Years 2019, 2021 and 2023 |
V2X Technology Improves Vehicle Telematics |
EXHIBIT: Global Automotive Telematics Market (In US$ Billion) for the Years 2017, 2019 and 2022 |
ATMS Witness Greater Adoption |
GSMA Issues Guidelines for Spectrum Considerations in ITS |
Road Safety Cameras Augment ITS Capabilities |
Role of Master Plans and Common Standards |
Growing Data Volumes to Drive Use of Data Analytics in ITS |
Using Open Data & Big Data to Improve ITS Services |
Implications of Open Data in Designing ITS Services |
Big Data Applications Raise Privacy Concerns in ITS |
Protection for ITS Vital to Prevent Cyber Attacks |
Key Issues to Reckon with |
Potential Risks & Threats to Smart Vehicles and ITS Networks |
Regional Differences in ITS Services Adoption Persist |
Privacy Concerns |
Low Awareness Levels on Benefits of ITS |
Myths about Red Light Cameras Limits its Adoption |
4. GLOBAL MARKET PERSPECTIVE |
World Recent Past, Current & Future Analysis for Intelligent Transportation Systems (ITS) by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2020 through 2027 and % CAGR |
World 7-Year Perspective for Intelligent Transportation Systems (ITS) by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2021 & 2027 |
World Recent Past, Current & Future Analysis for ATMS by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2020 through 2027 and % CAGR |
World 7-Year Perspective for ATMS by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2021 & 2027 |
World Recent Past, Current & Future Analysis for ETC Systems by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2020 through 2027 and % CAGR |
World 7-Year Perspective for ETC Systems by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2021 & 2027 |
World Recent Past, Current & Future Analysis for Other Types by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2020 through 2027 and % CAGR |
World 7-Year Perspective for Other Types by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2021 & 2027 |
III. MARKET ANALYSIS |
UNITED STATES |
Intelligent Transportation Systems (ITS) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2022 (E) |
Impact of COVID-19 on the ITS Market |
The Federal Government & ITS |
US Federal Government: Primary Supporter of ITS |
Equipping Vehicles with Intelligent Vehicle Technology |
ITS Integration |
Standardization & Privacy Issues |
Privacy Issue |
ITS Application in the US |
TABLE: US Intelligent Transportation Systems (ITS) by Application (% Share): 2020 Vs. 2025 |
ITS Application in Rural Areas |
ITS to the Rescue of Commercial Vehicles |
Traveler Information |
Associations, Groups/Bodies & Acts |
ITSA: Intelligent Transportation Society of America |
US: Federal Communications Commission (FCC) |
Intermodal Surface Transportation Efficiency Act |
Safe, Accountable, Flexible, Efficient Transportation Equity Act: A Legacy for Users (SAFETEA-LU) |
Transportation Equity Act (TEA-21) |
Transportation Reauthorization Bill |
SMART Technologies for Communities Act |
State Agencies Embrace Intelligent Transportation Systems for Traffic Improvement |
New Cities Eye Better Traffic and Parking Management with ITS |
Variable Traffic Signs to Enable Smart Traffic Management |
Tolling As a Strategy to Fund Transport Infrastructure Spending to Benefit the ETC Market |
Scope for Further Increase in Tolling: To Benefit ETC Systems |
Central Ohio Transport Authority – ITS Plans and Strategies |
COTA’s Long-Term ITS Plans |
E ZPass: A Key ETC System in Use |
Working of E ZPass System |
PrePass Plus Implemented in Ohio |
Key Statistics |
TABLE: US Toll Collection by Mode (2011, 2019 & 2025): Percentage Breakdown of Toll Collection for Cash, ETC and Others |
USA Recent Past, Current & Future Analysis for Intelligent Transportation Systems (ITS) by Type - ATMS, ETC Systems and Other Types - Independent Analysis of Annual Revenues in US$ Million for the Years 2020 through 2027 and % CAGR |
USA 7-Year Perspective for Intelligent Transportation Systems (ITS) by Type - Percentage Breakdown of Value Revenues for ATMS, ETC Systems and Other Types for the Years 2021 & 2027 |
CANADA |
Awakening Governmental Support to ITS Projects |
Application of Intelligent Transportation Systems for Elderly/Disabled Travelers |
General Recommendations |
User Convenience in Public Transport |
Low-Cost Means for Disabled |
Canada Recent Past, Current & Future Analysis for Intelligent Transportation Systems (ITS) by Type - ATMS, ETC Systems and Other Types - Independent Analysis of Annual Revenues in US$ Million for the Years 2020 through 2027 and % CAGR |
Canada 7-Year Perspective for Intelligent Transportation Systems (ITS) by Type - Percentage Breakdown of Value Revenues for ATMS, ETC Systems and Other Types for the Years 2021 & 2027 |
JAPAN |
Intelligent Transportation Systems (ITS) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2022 (E) |
Background |
Steps Towards Deployment of ITS |
Japan Recent Past, Current & Future Analysis for Intelligent Transportation Systems (ITS) by Type - ATMS, ETC Systems and Other Types - Independent Analysis of Annual Revenues in US$ Million for the Years 2020 through 2027 and % CAGR |
Japan 7-Year Perspective for Intelligent Transportation Systems (ITS) by Type - Percentage Breakdown of Value Revenues for ATMS, ETC Systems and Other Types for the Years 2021 & 2027 |
CHINA |
Intelligent Transportation Systems (ITS) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2022 (E) |
China Embarks on Significant ITS Deployments |
Evolving Chinese ITS Sector |
Advanced and Innovative Systems/Devices Penetrate the Market |
Opportunities for ETC On the Roll In China |
China Recent Past, Current & Future Analysis for Intelligent Transportation Systems (ITS) by Type - ATMS, ETC Systems and Other Types - Independent Analysis of Annual Revenues in US$ Million for the Years 2020 through 2027 and % CAGR |
China 7-Year Perspective for Intelligent Transportation Systems (ITS) by Type - Percentage Breakdown of Value Revenues for ATMS, ETC Systems and Other Types for the Years 2021 & 2027 |
EUROPE |
Intelligent Transportation Systems (ITS) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2022 (E) |
COVID-19 Derails Momentum in the European ITS Market |
ITS Finds Place in the EU’s Multi-Million Euro Trans-European Infrastructure Project |
TABLE: Europe Intelligent Transportation Systems (ITS) by Application (% Share): 2020 Vs. 2025 |
ITS Action Plan & the 2010 ITS Directive Lay Strong Foundation for ITS in Europe |
Cooperative ITS Set to Widen its Footprint in Europe |
Advanced Traffic Management Systems to Tackle Rising Traffic Congestion in Western Europe |
Tolling: A Key Source of Additional Finances for Governments in Europe |
Intelligent Transport Solutions for Public Transport |
Europe Emphasizes RUC Amid Rising Concerns over Traffic Pollution |
Ertico: Non-Profit Group Supporting ITS Implementation |
Europe Recent Past, Current & Future Analysis for Intelligent Transportation Systems (ITS) by Geographic Region - France, Germany, Italy, UK, Spain and Rest of Europe Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2020 through 2027 and % CAGR |
Europe 7-Year Perspective for Intelligent Transportation Systems (ITS) by Geographic Region - Percentage Breakdown of Value Revenues for France, Germany, Italy, UK, Spain and Rest of Europe Markets for Years 2021 & 2027 |
Europe Recent Past, Current & Future Analysis for Intelligent Transportation Systems (ITS) by Type - ATMS, ETC Systems and Other Types - Independent Analysis of Annual Revenues in US$ Million for the Years 2020 through 2027 and % CAGR |
Europe 7-Year Perspective for Intelligent Transportation Systems (ITS) by Type - Percentage Breakdown of Value Revenues for ATMS, ETC Systems and Other Types for the Years 2021 & 2027 |
FRANCE |
Intelligent Transportation Systems (ITS) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2022 (E) |
France Recent Past, Current & Future Analysis for Intelligent Transportation Systems (ITS) by Type - ATMS, ETC Systems and Other Types - Independent Analysis of Annual Revenues in US$ Million for the Years 2020 through 2027 and % CAGR |
France 7-Year Perspective for Intelligent Transportation Systems (ITS) by Type - Percentage Breakdown of Value Revenues for ATMS, ETC Systems and Other Types for the Years 2021 & 2027 |
GERMANY |
Intelligent Transportation Systems (ITS) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2022 (E) |
Germany Recent Past, Current & Future Analysis for Intelligent Transportation Systems (ITS) by Type - ATMS, ETC Systems and Other Types - Independent Analysis of Annual Revenues in US$ Million for the Years 2020 through 2027 and % CAGR |
Germany 7-Year Perspective for Intelligent Transportation Systems (ITS) by Type - Percentage Breakdown of Value Revenues for ATMS, ETC Systems and Other Types for the Years 2021 & 2027 |
ITALY |
An Insight into ITS Implementation |
Italy Recent Past, Current & Future Analysis for Intelligent Transportation Systems (ITS) by Type - ATMS, ETC Systems and Other Types - Independent Analysis of Annual Revenues in US$ Million for the Years 2020 through 2027 and % CAGR |
Italy 7-Year Perspective for Intelligent Transportation Systems (ITS) by Type - Percentage Breakdown of Value Revenues for ATMS, ETC Systems and Other Types for the Years 2021 & 2027 |
UNITED KINGDOM |
Intelligent Transportation Systems (ITS) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2022 (E) |
UK Recent Past, Current & Future Analysis for Intelligent Transportation Systems (ITS) by Type - ATMS, ETC Systems and Other Types - Independent Analysis of Annual Revenues in US$ Million for the Years 2020 through 2027 and % CAGR |
UK 7-Year Perspective for Intelligent Transportation Systems (ITS) by Type - Percentage Breakdown of Value Revenues for ATMS, ETC Systems and Other Types for the Years 2021 & 2027 |
SPAIN |
Spain Recent Past, Current & Future Analysis for Intelligent Transportation Systems (ITS) by Type - ATMS, ETC Systems and Other Types - Independent Analysis of Annual Revenues in US$ Million for the Years 2020 through 2027 and % CAGR |
Spain 7-Year Perspective for Intelligent Transportation Systems (ITS) by Type - Percentage Breakdown of Value Revenues for ATMS, ETC Systems and Other Types for the Years 2021 & 2027 |
REST OF EUROPE |
Austria: High Attractiveness of New ITS Technologies to Bring New Opportunities |
Bulgaria: Challenges Abound in ITS Deployment |
Existing Strengths and Opportunities Augur Well for Future Deployments |
Greece: Economic Duress Hinders ITS Adoption |
Strong Experience and Expertise Promise Brighter Future |
Hungary: Rising Participation of Public & Private Enterprises Bodes Well |
ITS Well Entrenched in Transportation Systems, Offers Base for Future Growth |
Netherlands: Investment Pour in for ITS Market |
Netherlands Eyes C-ITS Implementation |
Romania: ITS to Become a Reality by the End of the Decade |
Rest of Europe Recent Past, Current & Future Analysis for Intelligent Transportation Systems (ITS) by Type - ATMS, ETC Systems and Other Types - Independent Analysis of Annual Revenues in US$ Million for the Years 2020 through 2027 and % CAGR |
Rest of Europe 7-Year Perspective for Intelligent Transportation Systems (ITS) by Type - Percentage Breakdown of Value Revenues for ATMS, ETC Systems and Other Types for the Years 2021 & 2027 |
ASIA-PACIFIC |
Intelligent Transportation Systems (ITS) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2022 (E) |
Asia-Pacific Recent Past, Current & Future Analysis for Intelligent Transportation Systems (ITS) by Type - ATMS, ETC Systems and Other Types - Independent Analysis of Annual Revenues in US$ Million for the Years 2020 through 2027 and % CAGR |
Asia-Pacific 7-Year Perspective for Intelligent Transportation Systems (ITS) by Type - Percentage Breakdown of Value Revenues for ATMS, ETC Systems and Other Types for the Years 2021 & 2027 |
REST OF WORLD |
Asia-Pacific: Rapid Urbanization Creates Need for ITS |
Lack of Interregional Cooperation in Asia-Pacific: A Hurdle to ITS Adoption |
Fiber Optic Cables-based Connectivity to Support ITS Services |
Fostering ITS Experts for Proper Implementation and Operations |
Need for Global ITS Reference Model and National Master Plans |
Focus on Public-Private Coordination to Build ITS Capacity |
Australia: A Well Developed ITS Market |
ITS Australia |
SCATS |
Hong Kong: An Overview of ITS Market |
History |
Objectives of ITS Project |
The Key ITS Solutions |
India: A Potential Market |
Government-Backed Projects Promote the Use of ITS |
Tackling Urban Traffic Woes with ATIS |
Brazil: Largest Transportation Network in Latin America |
Market Snapshots |
The Middle East: Transport Authorities Embrace ITS to Manage Congestion and Reduce Accidents |
Growing Awareness and Success of Existing Projects to Set Tone for a Brighter Future |
Road User Charging Abets ITS Projects in the Region |
ITS Market to Surge in the UAE |
Rest of World Recent Past, Current & Future Analysis for Intelligent Transportation Systems (ITS) by Type - ATMS, ETC Systems and Other Types - Independent Analysis of Annual Revenues in US$ Million for the Years 2020 through 2027 and % CAGR |
Rest of World 7-Year Perspective for Intelligent Transportation Systems (ITS) by Type - Percentage Breakdown of Value Revenues for ATMS, ETC Systems and Other Types for the Years 2021 & 2027 |
IV. COMPETITION |
Total Companies Profiled: 161 (including Divisions/Subsidiaries - 128) |
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