Press release
Intelligent Transportation Systems (ITS) Market Continue to Rise the Growth Opportunities at a CAGR of 11.9% by 2027
The global intelligent transportation systems (ITS) market was valued at US$ 30.1 Bn in 2019 and is forecast to reach a value of US$ 74.3 Bn by 2027 at a CAGR of 11.9% between 2020 and 2027.Wireless technologies used in ITS systems are developing constantly to improve the reliability and interoperability of transportation networks. Both short distance and long-distance wireless communication technologies are advancing rapidly to support current and future applications of ITS. These wireless communication technologies have a wide range of applications in ITS including electronic toll charging (ETC), vehicle navigation systems, and other advanced traveler information systems. Recently, 5.9 MHz DSRC was introduced to improve the performance of toll systems at highway tolls. Europe has also approved this technology for ETC on highways. Continuous development and standardization of the DSRC technology are expected to increase its applications in the field of V2X communication systems to reduce accidents and improve road safety. Communication Air Interface Long and Medium (CALM) range also has a huge potential as it provides continuous wireless communication between roadside infrastructure and vehicles.
๐ท๐๐๐๐๐๐๐๐ ๐ฒ๐๐ ๐ช๐๐๐๐๐๐๐๐:=
โผ Siemens AG,
โผ TomTom NV,
โผ Hitachi Ltd,
โผ Thales Group,
โผ WS Atkins PLC,
โผ Telenav, Inc.,
โผ Nuance Communications Incorporation,
โผ Kapsch TrafficCom AG,
โผ EFKON AG, Iteris, Inc.,
โผ Garmin International Inc.
๐ก๐ฒ๐ ๐ฌ๐ฒ๐ฎ๐ฟ ๐ฆ๐ฎ๐น๐ฒ | ๐๐ฒ๐ ๐๐ป๐ผ๐ฟ๐บ๐ผ๐๐ ๐๐ถ๐๐ฐ๐ผ๐๐ป๐ ๐จ๐ฝ ๐๐ผ ๐ด๐ฌ% ๐๐ฎ๐ฒ ๐๐จ๐ฐ @
https://www.coherentmarketinsights.com/insight/buy-now/4174
๐๐๐ฒ ๐๐ซ๐ข๐ฏ๐ข๐ง๐ ๐ ๐๐๐ญ๐จ๐ซ๐ฌ ๐จ๐ ๐ญ๐ก๐ ๐๐๐ซ๐ค๐๐ญ:=
โผ In-depth analysis of the market insightful information
โผ Strategic initiatives focusing on the leading vendors.
โผ Detailed SWOT analysis & PEST analysis of the market.
โผ Crucial facts & figures about dominant regions
โผ Trending factors influencing the market in the geographical regions.
โผ Opportunities and threats faced by the existing vendors in Global Market.
๐๐ก๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ง๐ฌ๐ฐ๐๐ซ๐ฌ ๐๐ฎ๐๐ฌ๐ญ๐ข๐จ๐ง๐ฌ:-
โบ What is the market size and forecast of the Global Intelligent Transportation Systems (ITS) Market?
โบ What are the inhibiting factors and impact of COVID-19 shaping the Global Intelligent Transportation Systems (ITS) Market during the forecast period?
โบ Which are the products/segments/applications/areas to invest in over the forecast period in the Global Intelligent Transportation Systems (ITS) Market?
โบ What is the competitive strategic window for opportunities in the Global Intelligent Transportation Systems (ITS) Market?
โบ What are the technology trends and regulatory frameworks in the Global Intelligent Transportation Systems (ITS) Market?
โบ What is the market share of the leading vendors in the Global Intelligent Transportation Systems (ITS) Market?
โบ What modes and strategic moves are considered suitable for entering the Global Intelligent Transportation Systems (ITS) Market?
๐๐ผ๐ป๐๐ฎ๐ฐ๐ ๐จ๐:-
Mr. Shah
Coherent Market Insights
Email: sales@coherentmarketinsights.com
๐๐ฏ๐ผ๐๐ ๐จ๐:-
Coherent Market Insights is a global market intelligence and consulting organization that provides syndicated research reports, customized research reports, and consulting services. We are also committed to playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients. We create value for clients through our highly reliable and accurate reports.
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