The Global Intelligent Transportation System Market is expected to grow at a CAGR of around 8.5% during the forecast period, i.e., 2023-28. MarkNtel Advisors’ recently published versions of the study on the Global Intelligent Transportation System Industry (2023-2028) have been closely monitored. The factual data related to it has been intensively crafted, conducting primary and other market research processes & strategies.
Essential Parameters
- Timefrvame and Metrics
- Historical Period: 2018-21
- Base Year: 2022
- Forecast Years: 2023-2028
- Units: USD Million/Billion
- Our goal is to offer clients with relevant and up-to-date information. To achieve this, our skilled analysts and researchers conduct thorough studies on the industry.
- Before creating a roadmap or checklist for the research report, we seek to understand the client’s perspective and objectives.
- The figures in our reports are tailored with input from industry experts, ensuring our reports are comprehensive solutions for clients.
- We use both primary and secondary research approaches to gather unbiased and comprehensive market information.
“In case you missed it, we are currently revising our reports. Click on the below to get the latest research data with forecast for years 2024 to 2030, including market size, industry trends, and competitive analysis. It wouldn’t take long for the team to deliver the most recent version of the report.”
Request Sample Report For More Detailed Insight: https://www.marknteladvisors.com/query/request-sample/global-intelligent-transportation-system-market.html
Key Driver: Ever-Growing Need to Reduce Traffic Congestion
The increasing traffic congestion due to the rising number of vehicle purchases resulting from enhanced living standards & disposable income is pushing the demand for a smart transportation system. Thus, the traffic issues like congestion and many private vehicles on the road incompatible with traditional infrastructural designs and traffic systems are driving the market. Additionally, it provides limitless solutions to traffic and road issues by assisting drivers and passengers, reducing accident chances by delivering advanced and fast suggestions, and leading the traffic by calculating numerous dimensions from vehicles to infrastructures. Therefore, the industry is expected to expand exponentially, further enhancing the Global Intelligent Transportation System Market size.
Analyzing the Segmentations for the Global Intelligent Transportation System Market
Knowing the fragmentation of the market makes one understand the versatility & nature of the industry in a very detailed and informed way. This section of the research report talks about how every segmentation plays a role in enhancing the market share & size. Read further to get familiar with the market segmentations:
By Component
-Hardware
-Sensor
-Interface Boards
-Surveillance Camera
-Monitoring & Detection System
-Telecommunication Network
-Others
Software
-Visualization Software
-Transit Management System
-Video Detection Management Software
-Others
Services
-Professional
-Managed
By Type
-Advanced Public Transportation System (APTS)
-Advanced Traffic Management System (ATMS)
-Advanced Traveler Information System (ATIS)
-Advanced Transport Pricing System (ATPS)
-Its-Enabled Transportation Pricing System (ITPS)
-Others
By End User
-Traffic Management
-Freight Management
-Road Tolling System
-Road Safety and Security
-Public Transport
-Environment Protection
-Parking Management
-Others (Automotive Telematics, etc.)
By Mode of Transport
-Roadways
-Airways
-Railways
-Maritime
By Deployment
-Cloud
-On-Premise
View Full Report with TOC & List of Figure: https://www.marknteladvisors.com/research-library/global-intelligent-transportation-system-market.html
Exploring the Geographical Landscape of the Global Intelligent Transportation System Industry
Our skilled researchers and analysts provide a detailed overview of each region or country, to help stakeholders understand the market status in these areas. They are:
-North America
-South America
-Europe
-Middle East & Africa
-Asia-Pacific.
Do You Know Who are the Leading Companies in the Global Intelligent Transportation System Market?
Key competitors are the major role-players of any market, working to innovating & expanding the industry landscape. Look below to know about the Global Intelligent Transportation System Market companies:
-Denso Corporation
-Iteris
-Lanner Electronics
-Agero
-EFKON
-Cisco
-Flir System
-Siemens
-TransCore
-Citilog.
Submitted your request for a custom report- https://www.marknteladvisors.com/query/request-customization/global-intelligent-transportation-system-market.html
Key Questions Addressed in the Global Intelligent Transportation System Market Research Report:
- What is the estimated size, share, and CAGR of the Global Intelligent Transportation System Market in the forecast period?
- What are the key trends projected to impact the Global Intelligent Transportation System Market during 2023-2028?
- What are the different segments & sub-segments considered in the Global Intelligent Transportation System Market research study?
- Who are the key stakeholders and players participating in the Global Intelligent Transportation System Market?
- What are the major aspects creating opportunistic arena for the Global Intelligent Transportation System Market?
- What would be the demand for different types of products/services in the Global Intelligent Transportation System Market through 2028?
- What all factors would create challenge for the Global Intelligent Transportation System Industry growth?
About Us-
MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.
Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.
Contact Us –
Call: 📞 +1 628 895 8081, +91 120 4288433
Email: 📧 sales@marknteladvisors.com
Visit to know more: 🌐 https://www.marknteladvisors.com/
Follow MarkNtel for Latest Update⬇️
✔️ https://twitter.com/markntel
✔️https://in.linkedin.com/company/markntel-advisors