Intelligent transportation system(ITS) are being increasingly adopted with advanced safety and security solutions to reduce road fatalities. Developing and developed economics are focusing on deployment of such solution to enhance road network and infrastructure, a trend that is sure to benefits the market. The increasing number of mega cities and the population growth in developed and developing countries has increased the importance of deploying an intelligent transport system (ITS) . ITS system constitutes both, road transport and an efficient metro rail system . ITS involves the revamp of overall technological aspects such as GPS, Carrier Access for Land Mobiles(CALM) etc.
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Modern Transportation service providers are using multipurpose vehicle computing systems combined with tracking and monitoring system to ensure safety of their passengers. Growing usage of real time data by traffic management centers to take better decision and resolve traffic issues is anticipated to drive demand for intelligent ITS. Demand for V2V communication to enhance road safety is also expected to boost market growth.
Segments covered in this report
This report forecasts revenue growth at regional and country levels and provides an analysis on latest industry trends in each of the sub segments from 2014 to 2024.
Regional outlook :
• North America
• Europe
• Asia Pacific

Application Outlook:
• Traffic Management
• Road Safety and Security
• Public Transport
• Environment Protection
• Automotive Telematics
• Parking Management
• Freight Management
Type Outlook:
• ATIS
• ATMS
• ATPS
• APTS
• Coperative Vehicle Systems
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