Global Intelligent Transportation Systems Market: Trends, Opportunities, and Forecasts [Latest]
The worldwide intelligent transportation systems market was valued at USD 26.58 billion in 2022, and it is expected to reach USD 49.43 billion by 2033, growing at a CAGR of 9.0% over the forecast period. The need for ITS systems will increase due to limited space for transportation network expansion and rising costs caused by congestion. An intelligent transportation system (ITS) is...
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