Intelligent Transport System market by System (ATMS, ATIS, ITS- Enabled Transportation, Pricing System) Grow $33.75 Billion by 2020

According to a new market research report ofIntelligent Transport Systems Market by Component, Application, System (ATMS, ATIS, ITS- Enabled Transportation, Pricing System, APTS and CVO)and Geography (Americas, Europe, APAC, ROW) Analysis and Forecast to 2014 - 2020” , is expected to grow at a CAGR of 11.30% from 2014 to 2020 and reach $33.75 Billion in 2020.

Browse 165 market data tables 75 figures spread through 371 pages and in-depth TOC on “Intelligent transportation system - Analysis and Forecast to 2014 - 2020”

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This research report categorizes the ITS market based on various applications, System, component, and geography; it also covers the revenue foretold from 2013 to 2020. It describes the demand for ITS in various regions. The report describes the applications mapping in the Intelligent Transportation Systems market with respect to the growth potential.

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Intelligent Transportation System (ITS) is a combination of information and communication technologies used in transportation and traffic management systems, which improve the safety, efficiency, sustainability of transportation networks and reduce traffic congestion. This report has been segregated based on components, systems, applications, and geographic regions. Intelligent transportation systems are being widely applied in several areas such as fleet management and asset monitoring, traffic monitoring systems, traffic signal control systems, collision avoidance systems, variable traffic message signs, parking availability systems, traffic enforcement cameras, and automotive telematics.

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This report describes the market trends, drivers, and challenges of ITS market and forecasts the ITS market from 2013 to 2020, based on the various systems of ITS, applications, and geography. This report covers geographies such as the Americas, Europe, APAC, and ROW (Rest of the World).

The major driving factors for the Intelligent Transport System aresolution to traffic congestion and government support; public private partnership is the key to the success in implementing intelligent transportation system. In this report various new technologies like V2V and V2I communication system are discussed and it also include the prominent Architecture of ITS and insights of Standards used in Intelligent Transport System. The report forecasts the growth from 2014 to 2020, along with market size, list of leading players, the latest technology adoption, M&A s, and JV s of key players.

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