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Intelligent Transportation Systems Market Forecasts Impressive Growth by 2022 - Scalar Market Research
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The global intelligent transportation systems market report offers in-depth analysis of the market size (revenue), market share, major market segments, different geographic regions, key players, premium insights, technology trends and forecast to 2022. It also focuses on the key drivers and opportunities in this market.
Key findings of the report:
1. The global intelligent transportation systems market is expected to be driven by the rising requirement for the efficient public security systems.
2. Apart from that, the increasing demand for environment protection and the growth in the demand for security and surveillance are also expected to be some of the major growth drivers for the global intelligent transportation systems market.
3. The rising demand for the smart vehicles enabled with mobility and security services and the growth in the public-private partnerships are also expected to drive the intelligent transportation systems market during the forecast period.
The report segments the global intelligent transportation systems market by protocol, products, applications, and the major geographic regions. The protocol segment of the market is further divided into IEEE, traffic management data dictionary, short range, and long range. The product segment of the market is further divided into ATPS, ATIS, APTS, ATMS, and cooperative vehicle systems. The report divides the application segment of the market into traffic management, public transport, freight management, road safety & security, road user charging, environment protection, and parking management.
The intelligent transportation systems market report provides analysis of the key players, including:
1. Garmin International, Inc.
2. KapschTrafficCom AB
3. Laner Electronics Inc.
4. Lanner Electronics Inc.
5. Q-Free ASA
6. Savari Inc.
7. Siemens AG
8. Thales Group
9. Tomtom International BV
Browse Report Summary: https://www.scalarmarketresearch.com/market-reports/intelligent-transportation-systems-market
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Internet of Things (IoT) market worth USD 1470.8 billion in 2016 and expected to reach USD 2995.2 billion by 2022, at a CAGR of 12.6% between 2016 and 2022.
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About Scalar Market Research:
Scalar Market Research, Inc. is a Chicago, U.S.-based market research and consulting firm that serves Fortune 1000 companies, leading businesses and upcoming organizations from around the world to help them achieve their business goal of sustainable revenue growth, utilizing Scalar’s premium market research reports and consulting services to make critical strategic decisions.
Our real-time industry data tracking, with the help of advanced analytics and machine learning, offers our clients highly accurate 360-degreeperspective of key developments in niche markets. Our team of industry experts, with a thorough understanding of the global markets and cumulative industry experience spanning 100+ years, works relentlessly to help our clients realize their most important business goals.
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