Press release
Global Intelligent Transportation Systems (ITS) Market Size, trends, COVID – 19: potential impact analysis by | Kapsch TrafficCom AG, Transcore Inc, Q-Free ASA
Intelligent transportation systems (ITS) are a collection of information and communication technologies that work together to provide highly efficient transportation and traffic management services. Furthermore, ITS contributes to increase operating efficiency, improving road safety, ensuring the long-term viability of transportation networks, and reducing traffic congestion.Download Free Sample PDF including COVID19 Impact Analysis, full TOC, Tables and Figures@ https://www.infinitybusinessinsights.com/request_sample.php?id=608304
A change was seen inside the CAGR ranges in the base year 2020 and the CAGR ranges are likewise certain to exchange inside the estimate years 2021-2027 .The report moreover comprises the market drivers and limitations which may be gotten from a SWOT assessment of the Intelligent Transportation Systems (ITS) market. Innovative technology trends like Mobility, Cloud, Analytics, and Social Media are enabling the Intelligent Transportation Systems (ITS) market to be more nimble while also improving consumer experience, resulting in unique value chains and business models. Top players are taking actions alongside inclinations, stock dispatches, acquisitions, consolidations, joint endeavors, and forceful research inside the market.
In the first half of 2020, the COVID-19 pandemic had an impact on Intelligent Transportation Systems (ITS) market development. Various administrative agencies and governments imposed harsh lockdowns across the world in mid-2020, resulting in the shutdown of a few enterprises.
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Market segmentation:
Product Type Coverage (Market Size & Forecast, Major Company of Product Type etc.):
Advanced Traffic Management System (ATMS)
Advanced Traveler Information System (ATIS)
ITS-Enable Transportation Pricing System
Advanced Public Transportation System (APTS)
Commercial Vehicle Operation (CVO)
Application Coverage (Market Size & Forecast, Different Demand Market by Region, Main Consumer Profile etc.):
Fleet Management and Asset Monitoring System
Collision Avoidance System
Traffic management
Parking Management System
Ticketing Management System
Emergency Vehicle Notification System
Road safety and security
Regions covered in Intelligent Transportation Systems (ITS) market report are:
North America
Europe
Asia Pacific
Latin America
Middle East and Africa
Global Intelligent Transportation Systems (ITS) Market Report provide in-depth information about the Leading Competitors involved in this report:
Kapsch TrafficCom AG
Transcore Inc
Q-Free ASA
Denso Corporation
Efcon AG
Thales Group
Siemens AG
Savari Inc
Iteris Inc and Lanner Electronics.
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