Intelligent Transportation System Market Size, Share, Future Prospects and Forecast 2019-2025
The intelligent transportation systems market for roads is expected to grow from $17.9 billion in 2020 to $36.2 billion in 2025 at a CAGR of 15%. The market growth can be attributed to a number of factors such as increased public safety concerns, increased traffic congestion issues, rising governmental lucrative initiatives for effective traffic management, increased adoption of eco-friendly car technology, and smart city development around the world. A full report of Intelligent Transportation System Market is available at: https://www.orionmarketreports.com/intelligent-transportation-system-market/3137/ Key Players · Siemens AG · Hitachi Ltd · WS Atkins PLC · Nuance Communications Incorporation · EFKON AG · ...