. For instance, in March 2020, Lilin - a Taiwanese manufacturer of IP video-based systems - unveiled an AI-based traffic management system named Aida ALPR series along with a range of surveillance cameras and other innovative city equipment. Contact the source provider Comtex at editorial@comtex.com. Inquire or Share Your Questions If Any Before the Purchasing This Report https://www.360marketupdates.com/enquiry/pre-order-enquiry/19994988, Market segment by Region/Country including: -, User center of Intelligent Transportation Systems (Its) market 2023. We also cooperate with some third-party databases. Intelligent Transport Systems (Its) Market -SegmentationAnalysis: Report further studies the market development status and future Intelligent Transport Systems (Its) Market trend across the world. Intelligent Transportation Systems (Its) Market - Competitive Analysis: With the aim of clearly revealing the competitive situation of the industry, we concretely analyze not only the leading enterprises that have a voice on a global scale, but also the regional small and medium-sized companies that play key roles and have plenty of potential growth. Thank you Fortune Business Insights for your efforts and prompt response, I had a great experience working with Fortune Business Insights. We need to stop this now. First Republic support is spreading financial contagion, says Ackman. The growing number of vehicles on the road and the lack of adequate transportation infrastructure results in traffic congestion. Which segment accounted for the largest intelligent transportation system market share? TO UNDERSTAND HOW COVID-19 IMPACT IS COVERED IN THIS REPORT - REQUEST SAMPLE. Also, Consumer behaviour analysis and market dynamics (drivers, restraints, opportunities) provides crucial information for knowing the Intelligent Transportation Systems (Its) market. Get a Sample Copy of the Report at -https://www.360marketupdates.com/enquiry/request-sample/20664828, 1 Intelligent Transport Systems (Its) Market Overview, 1.1 Product Overview and Scope of Intelligent Transport Systems (Its) 1.2 Intelligent Transport Systems (Its) Segment by Type 1.3 Intelligent Transport Systems (Its) Segment by Application 1.4 Global Market Growth Prospects 1.5 Global Market Size by Region, 2 Market Competition by Manufacturers 2.1 Global Intelligent Transport Systems (Its) Production Capacity Market Share by Manufacturers (2017-2022) 2.2 Global Intelligent Transport Systems (Its) Revenue Market Share by Manufacturers (2017-2022) 2.3 Intelligent Transport Systems (Its) Market Share by Company Type (Tier 1, Tier 2 and Tier 3) 2.4 Global Intelligent Transport Systems (Its) Average Price by Manufacturers (2017-2022) 2.5 Manufacturers Intelligent Transport Systems (Its) Production Sites, Area Served, Product Types 2.6 Intelligent Transport Systems (Its) Market Competitive Situation and Trends, 3 Production Capacity by Region 3.1 Global Production Capacity of Intelligent Transport Systems (Its) Market Share by Region (2017-2022) 3.2 Global Intelligent Transport Systems (Its) Revenue Market Share by Region (2017-2022) 3.3 Global Intelligent Transport Systems (Its) Production Capacity, Revenue, Price and Gross Margin (2017-2022), 4 Global Intelligent Transport Systems (Its) Consumption by Region, 5 Segment by Type6 Segment by Application, 7 Key Companies Profiled 7.1 Company 7.1.1 Intelligent Transport Systems (Its) Corporation Information 7.1.2 Intelligent Transport Systems (Its) Product Portfolio 7.1.3 Intelligent Transport Systems (Its) Production Capacity, Revenue, Price and Gross Margin (2017-2022) 7.1.4 Companys Main Business and Markets Served 7.1.5 Companys Recent Developments/Updates8 Intelligent Transport Systems (Its) Manufacturing Cost Analysis 8.1 Intelligent Transport Systems (Its) Key Raw Materials Analysis 8.1.1 Key Raw Materials 8.1.2 Key Suppliers of Raw Materials 8.2 Proportion of Manufacturing Cost Structure 8.3 Manufacturing Process Analysis of Intelligent Transport Systems (Its) 8.4 Intelligent Transport Systems (Its) Industrial Chain Analysis, 9 Marketing Channel, Distributors and Customers 9.1 Marketing Channel 9.2 Intelligent Transport Systems (Its) Distributors List 9.3 Intelligent Transport Systems (Its) Customers, 10 Market Dynamics 10.1 Intelligent Transport Systems (Its) Industry Trends 10.2 Intelligent Transport Systems (Its) Market Drivers 10.3 Intelligent Transport Systems (Its) Market Challenges 10.4 Intelligent Transport Systems (Its) Market Restraints, 11 Production and Supply Forecast 11.1 Global Forecasted Production of Intelligent Transport Systems (Its) by Region (2023-2028), 12 Consumption and Demand Forecast 12.1 Global Forecasted Demand Analysis of Intelligent Transport Systems (Its), 13 Forecast by Type and by Application (2023-2028) 13.1 Global Production, Revenue and Price Forecast by Type (2023-2028), 15 Methodology and Data Source 15.1 Methodology/Research Approach 15.1.1 Research Programs/Design 15.1.2 Market Size Estimation 15.1.3 Market Breakdown and Data Triangulation 15.2 Data Source 15.2.1 Secondary Sources 15.2.2 Primary Sources 15.3 Author List 15.4 Disclaimer, Purchase this Report (Price 2980 USD for a Single-User License) https://www.360marketupdates.com/purchase/20664828, Press Release Distributed by The Express Wire, To view the original version on The Express Wire visit 2023 Intelligent Transport Systems (Its) Market Size, Growth | Global Industry Trends [2029], COMTEX_426683751/2598/2023-03-15T12:38:56. 1. The global Intelligent Transportation System (ITS) market was worth $41.2 Bn in 2020 and Is Expected To Reach $74.1 Billion by 2028, with a CAGR of 9.3%. Who are the major players in this market? The market research report covers a detailed analysis of the market. Intelligent Transport Systems (Its) Market Report Contains 2023: -, Get a Sample Copy of the Report at - https://www.360marketupdates.com/enquiry/request-sample/20664828. The global intelligent transportation system market was valued at US$ 24.32 Bn in 2021. Please fill out the form below for a free PDF report sample & Description and Analysis of Intelligent Transportation Systems (Its) market: - Intelligent Transportation Systems (Its) Market analysis is the process of evaluating market conditions and trends in order to make informed business decisions. Global competitiveness and key competitor percentage market shares, Market presence across multiple geographies - Strong/Active/Niche/Trivial, Online interactive peer-to-peer collaborative bespoke updates, Effect of the Pandemic on Transportation Industry, COVID-19 Necessitates Profound Changes in Travel Patterns, COVID-19 Holds Hidden Opportunity for Intelligent Transportation System, Pandemic Creates Need for Resilient Transportation System, COVID-19 Brings Fourth Need for Intelligent Transportation Systems amid Certain Limitations, Advanced Traffic Management Systems (ATMS), Public Vehicle Transportation Management Systems (PVTMS), Commercial Vehicle Operations (CVO) Systems, Advanced Vehicle Information Systems (AVIS), In Vehicle Intelligent Transportation Systems: A Complimentary Review, Intelligent Transportation System: A Cornerstone Technology for Smart Transportation, ITS Empowering the Real Modern Day Transport Infrastructure, Enhancing Efficiency & Economy of Transport Systems, Key Result Areas of ITS in Ensuring Safety, Internet, X Ray and DSRC: The Key ITS Enablers, Developed Markets: Traditional Revenue Contributors for ITS Market, Developing Markets to Turbo Charge Future Growth in the ITS Market, Intelligent Transportation Systems (ITS) - Global Key Competitors Percentage Market Share in 2022 (E), Transportation Management Systems Market Share Breakdown of Key Players: 2020E, Transportation Software Global Competitor Market Share Positioning for 2020E, Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E), As a Novel Platform Capable of Enabling Future-Proof Traffic Management, ITS Set to Widen its Addressable Market, Continued Rise in Vehicular Traffic and Need to Regulate Traffic Flow: A Business Case for ITS Investments, Breakdown of Annual Hours of Delay Due to Traffic Congestions in Select Countries & Cities Worldwide, Growing Number of Road Accidents and Need to Ensure on-Road Safety to Commuters Drives Business Case for ITS, Focus on Smart Highways and Smart Roads to Enhance ITS Deployments, The Growing Need to Bridge Infrastructure Gap Which is the Highest for Roadways Promises Robust Opportunity for Smart, Growing Investments in Road Infrastructure Development, Continuous Development of World's Highways to Expand Market Opportunities for ITS & Allied Markets, Heightened Focus on Integrating Diverse Technologies Set to Streamline ITS Landscape, Prevailing Technological Trends Fully Support Deployments of Large-Scale ITS, Rapid Urbanization Triggers Growth in the ITS Market, Increasing Number of Mega Cities Favors Future Growth, Major Global Cities Leading the Way in Deployment of Intelligent Transportation Systems, Growing Smart City Market to Drive Demand for ITS, Capabilities to Improve Logistics Drives Adoption of ITS, Growing Emphasis on Smart Transportation Widens Prospects, Smart Parking Technologies Come to the Fore to Address Parking Related Issues, Transformational Role of IoT Expands ITS Application Areas, Advanced In-Vehicle Infotainment Systems Render Support to ITS Networks, Public-Private Collaborations Support ITS Development, Government Policy Vis-a-vis ITS Projects: Critical for ITS Implementations, The Secret of Success of ITS Projects Lies in "Concept Selling", Rapidly Evolving Role of Cellular Networks in ITS: A Major Ongoing Trend, 5G to Widen the Role of Cellular Connectivity in ITS Ecosystem, Dynamic Roadside Signs for Providing Information about Truck Parking Space Availability, Super Intelligent Transport Systems Emerge to Redefine ITS Concept, Technology Developers & Authorities Seek to Bring Forward Interoperability Standards, Key Objective Areas of the Common Standards, Automated Electronic Toll Collection Makes its Way into the ITS Domain, Growing Popularity of Road User Charging Brightens Market Prospects for ETC, Need to Avoid Lengthy Waiting Lines & Environmental Pollution at Toll Plazas Drives Demand, Innovation & Market Differentiation - Key Determinants for Success of ETC Projects, Lower Operational Costs of ETC Systems Enable Increased Acceptance, Cooperative ITS Promises to Change the Face of Urban Transportation, Europe Remains at the Forefront of C-ITS Efforts Worldwide, V2X Gains Notable Attention to Alleviate Traffic Concerns, Connected Vehicles Pave the Way for Wider Uptake of V2X Technologies, V2X Technology Improves Vehicle Telematics, GSMA Issues Guidelines for Spectrum Considerations in ITS, Road Safety Cameras Augment ITS Capabilities, Role of Master Plans and Common Standards, Growing Data Volumes to Drive Use of Data Analytics in ITS, Using Open Data & Big Data to Improve ITS Services, Implications of Open Data in Designing ITS Services, Big Data Applications Raise Privacy Concerns in ITS, Protection for ITS Vital to Prevent Cyber Attacks, Potential Risks & Threats to Smart Vehicles and ITS Networks, Regional Differences in ITS Services Adoption Persist, Myths about Red Light Cameras Limits its Adoption. The market is expected to progress steadily to evolve as a major regional market for Intelligent Transportation Systems, supported by various factors conducive to healthy growth.What`s New for 2022? ReportLinker, New York, Nov. 17, 2022 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Intelligent Transport System (ITS) Market 2022-2026" - https://www.reportlinker.com/p04988830/?utm_source=GNW 92% during the forecast period. The market, estimated at US$23.8 Billion in 2020 is projected to reach US$49.5 Billion by 2026, registering a compounded annual growth rate (CAGR) of 8.8% over the analysis period. Intelligent transport service providers also support the government by providing expertise on implementing ITS in the transportation infrastructure. Research and Markets, Dublin, Aug. 23, 2022 (GLOBE NEWSWIRE) -- The "Intelligent Transportation Systems (ITS) - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering. 5.To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks). Further, in March 2021, Telenav, Inc. partnered with an automotive group SAIC, to make available navigation and location-based services for SIACs internal combustion engine (ICE) vehicles and battery-powered electric (BEV). Grand View Research is registered in the State of California at Grand View Research, Inc. 201 Spear Street 1100, San Francisco, CA 94105, United States. The importance of ITS is growing considering the increasing urbanization and subsequently rising travel time. Free report customization (equivalent up to 8 analysts working days) with purchase. The transportation industrys continued developments, like blind-spot detection and electronic toll collection, have triggered the need for an efficient transportation system that can potentially improve road networks and redefine the expectations and prospects of sustainable transportation and traffic management. ITS provides traffic management solutions that enable enhanced road safety, traffic flow, and mobility, creating a positive market outlook. 6.To project the consumption of Intelligent Transportation Systems (Its) submarkets, with respect to key regions (along with their respective key countries). Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. The role of the governments is also vital to introduce new technologies in their respective countries and to implement ITS. Also, an increase in the number of smart cities and increased use of the meta-intelligence concept in transport systems will lead to sizable demand in the market.The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources through an analysis of key parameters. By carefully evaluating Intelligent Transportation Systems (Its) market conditions and trends, businesses can make more informed decisions and develop strategies that are better aligned with customer needs and Intelligent Transportation Systems (Its) market opportunities. Market players are investing aggressively in research & development activities, improving internal processes, actively engaging in new product development, and improving their existing products as part of the efforts to increase their respective market shares. Furthermore, changes in consumer buying behavior owing to uncertainty surrounding the pandemic may have serious implications on the near future growth of the industry. However, I can provide a high-level summary of some of the key trends and factors that are currently impacting the global Intelligent Transportation Systems (Its) market. TO UNDERSTAND HOW COVID-19 IMPACT IS COVERED IN THIS REPORT - REQUEST SAMPLE. The Asia Pacific intelligent transportation system industry is anticipated to witness the highest CAGR of 11.0% from 2023 to 2030. Intelligent Transportation Systems (Its) Marketsize, segment (mainly coveringMajorType (, Hardware, Software, Services, ,),End Users (, Traffic Management, Road Safety And Security, Freight Management, Public Transport, Environment Protection, Automotive Telematics, Parking Management, Road User Charging,), and regions), recent status, development trendsa and competitor landscape. Which region held the highest share in the market? This is primarily occurring because of a lack of infrastructure growth compared to the growing number of vehicles on roads due to cost and space constraints. online dashboard trial. How big is the intelligent transportation system market? As a result, the rising need of managing the traffic flow across highways and city corridors has triggered the need for advanced traffic management technology. We use cookies to enhance your experience. the market is growing at a steady rate and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon. This can be used to develop long-term strategic plans and to identify potential risks and opportunities for growth. | Source: The report covered all the points and was very detailed. Your transaction & personal information is safe and secure. North America dominated the intelligent transportation system market with a share of over 35% in 2022. Is there a problem with this press release? Please find a more complete list of data sources in Chapters: 1.To study and analyze the global Intelligent Transportation Systems (Its) consumption (value) by key regions/countries, product type and application. The Integrated Intelligent Transport System market revenue was xx Million USD in 2017, grew to xx Million USD in 2021, and will reach xx Million USD in 2027, with a CAGR of xx during 2022-2027. The increasing investment by several governments in making public transportation better and reducing traffic congestion is expected to boost the growth of this segment. The report was very accurate and as per my requirements. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the . The Global Market is anticipated to grow to exhibit a Compound Annual Growth Rate (CAGR) of 9.7% over the forecast period. Rising Road Traffic Congestion to Drive Market Growth. November 17, 2022 10:21 ET The Intelligent Transportation Systems (ITS) market in the U.S. is estimated at US$9 Billion in the year 2022. the market is growing at a steady rate and with the. Further, the continuous demand for Vehicle-to-Infrastructure (V2I) and Vehicle-to-Vehicle (V2V) communication to streamline the vehicle flow is expected to gain traction over the next few years. EXECUTIVE SUMMARY1. We value them as a research company worthy of building long-term relationships., Well done Fortune Business Insights! First Republic Bank gets downgrade to junk from Moodys, 3 cybersecurity threats that investors should know about. The implementation and significant use of ITS to reduce road accidents and enhance road safety is a major factor driving the growth of the market. The intelligent transport system (ITS) market size is anticipated to rise as it collects real-time data using a network of sensors, video surveillance devices, navigation systems, and vehicle probes, which is then evaluated and conveyed to the user via the internet, mobile telephony, or dynamic signboards. See for yourself. The Global Intelligent Transportation Systems (Its) market is anticipated to rise at a considerable rate during the forecast period. Asia Pacific held the largest share in the market in 2020. Explore purchase options. Considering the influence of COVID-19 on the global Integrated Intelligent Transport System market, this report analyzed the impact from both global and . The implementation of smart technologies and several efforts have been taken by both public and private organizations by varying measures, demonstrating the role of technology in shaping the future of the intelligent transportation system industry. They can be applied to different modes of transport like roadways, railways, airways. The United States represents the largest regional market for Intelligent Transportation Systems, accounting for an estimated 39.1% share of the global total. The Global Intelligent Transport Systems (Its) market is anticipated to rise at a considerable rate during the forecast period. The Global Intelligent Transportation System Market is estimated to be USD 43.21 Bn in 2022 and is projected to reach USD 61.2 Bn by 2027, growing at a CAGR of 7.21%. Intelligent Transport Systems (Its) Industry leading players are the ones that have the biggest impact, the most market share 2023, the best reputation, or the highest revenue within their field they are. First Republic Bank gets downgrade to junk from Moodys, How women can empower themselves financially and what's in their way. The remarkable growth of the automotive telematics segment can be attributed to the initiatives being pursued by government bodies for ensuring safety and security on roads. 6. The increasing demand for advanced technology and the continued expansion of transportation networks are expected to drive the growth of the intelligent transportation system industry in the region. Get a Sample PDF of report https://www.360marketupdates.com/enquiry/request-sample/19994988. Market Analysis and Insights : Global Intelligent Transport System Market. [125 Insights] Top Intelligent Transportation Systems (Its) Market Size 2023 Key Companies Profiled in the research are [, Denso Corporation, Kapsch Trafficcom, Savari Inc., Tomtom International BV, Efcon AG, Q-Free ASA, Iteris Inc., Lanner Electronics, Atkins Group, Garmin Ltd., Transcore Inc., Thales Group, Ricardo plc., Siemens AG,] most valuable, powerful, or successful players, labels, or individuals within a Intelligent Transportation Systems (Its) market 2023 to 2029. Some prominent players in the global intelligent transportation system market include: Revenue in USD million and CAGR from 2023 to 2030, Revenue forecast, company ranking, competitive landscape, growth factors, trends, North America; Europe; Asia Pacific; Latin America; MEA, U.S.; Canada; Germany; U.K.; France; China; India; Japan; South Korea; Brazil; Mexico; Argentina; UAE; KSA. Agero, Inc.; DENSO CORPORATION; EFKON GmbH; Hitachi, Ltd.; Garmin Ltd.; Thales Group; Xerox Corporation; Recardo; Sensys Networks, Inc.; Telenav, Inc.; Iteris, Inc.; Kapsch TrafficCom; Lanner; Nuance Communications, Inc.; Q-Free ASA; Siemens AG; TomTom International BV; TransCore. This is expected to play a vital role in driving the growth of the automotive telematics segment over the forecast period. The increasing number of automated and connected cars on the roads makes the transportation infrastructure future-ready. They help drivers and they aid other transportation system users. Global Intelligent Transportation Systems (ITS) Market to Reach $42.8 Billion by 2030 In the changed post COVID-19 business landscape, the global market for Intelligent Transportation Systems (ITS) estimated at US$30.3 Billion in the year 2022, is projected to reach a revised size of US$42.8 Billion by 2030, growing at a CAGR of 4.4% over the . The global Intelligent Transportation System market is projected to reach US$ 53.06 billion by 2032, growing at a CAGR of 7.2% The market of Intelligent Transportation System is growing due to its feature of providing ease to travellers. For instance, in April 2021, a subsidiary of Siemens AG, Siemens Mobility integrated HERE Technologies corridor travel time Application Program Interface (API) to provide a time-as-a-service (JTaaS) solution to assist the British public authorities to reduce traffic congestion. It is a dynamic and ever-changing environment, and businesses that are able to adapt to new trends and challenges are likely to be the most successful. The market will grow at a CAGR of 9.34% during the forecast period (2021--2028). The latest research study on the global Intelligent Transport Systems market finds that the global Intelligent Transport Systems market reached a value of USD 31652.23 million in 2022. DENSO CORPORATION, Siemens AG, and Hitachi Ltd. are the top companies in the market. 4.To analyze the Intelligent Transport Systems (Its) with respect to individual growth trends, future prospects, and their contribution to the total market. The intelligent transportation system is a type of application of communication, analysis, sensing, and control technologies to ground transportation due to improvement of . For more details, please read our privacy policy. MARKET OVERVIEW. All rights reserved. We can customize every report - free of charge - including purchasing stand-alone sections or country-level reports, as well as offer affordable discounts for start-ups & universities. China,. Very satisfied with the overall report as it has helped me to build strategies for my business, This is regarding the recent report I bought from Fortune Business insights. 7.To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market. Is there a problem with this press release? https://www.360marketupdates.com/enquiry/request-sample/19994988. The growing number of vehicles on the road, aging infrastructure, and a looming lack of traffic data management are some of the other factors anticipated to contribute to the markets growth. By geography, the global intelligent transport system (ITS) market is segmented into North America, Europe, APAC, South America, and Middle East and Africa. In 2020, the Asia Pacific market size stood at USD 15.07 billion. "Market Intelligence for High-Geared Performance", Region : Global | Format: PDF | Report ID: FBI102065. We value your investment and offer free customization with every report to fulfil your exact research needs. Free trial, before you make a purchase decision. 7.To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market. The global intelligent transportation systems market size was valued at USD 23.8 billion in 2021 and is projected to reach USD 38.70 billion by 2030, registering a CAGR of 5.75% from 2022 to 2030. I plan to retire at 62. The intelligent transport system market is expected to witness market growth at a rate of 9.05% in the forecast period of 2021 to 2028. The traffic management segment accounted for the largest market share of over 32% in 2022. In addition, upcoming smart city projects, advanced communication networks, and government initiatives for smart development in China, India, Singapore, Dubai, and other emerging countries will create new opportunities for market growth. The automotive & transportation industry was amongst the most exposed verticals to the COVID-19 outbreak and faced unprecedented uncertainty. The Global Intelligent Transportation System Market is valued at USD 39.5 Billion in the year 2021 and is projected to reach a value of USD 68.8 Billion by the year 2028. Sign up today for your free Reader Account! Intelligent Transport Systems (Its) Market - Competitive Analysis: With the aim of clearly revealing the competitive situation of the industry, we concretely analyze not only the leading enterprises that have a voice on a global scale, but also the regional small and medium-sized companies that play key roles and have plenty of potential growth. The global intelligent transportation system market size was USD 21.82 billion in 2020 and is projected to grow from USD 22.91 billion in 2021 to USD 42.80 billion in 2028, exhibiting a CAGR of 9.34% during the forecast period. This is a very good piece of work and will be very helpful to us going forward. The increasing urbanization, rising disposable incomes, and need for advanced vehicles to ease the driving experience have propelled many transportation service providers to demand a well-connected transportation system, improved infrastructure, and improved road safety. Our support available to help you 24 hours a day, five days a week. Hence, the government bodies role across the globe is also important to launch new technologies in the country and execute intelligent transportation systems, which will be expected to drive the demand for the market and reduce the financial burden on governments. The key companies are collaborating with expert ITS companies for design and product development. Governments in many countries are collaborating with private partners to take active measures towards minimizing traffic congestion. The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. Featuring global and regional data and over top key player's profiles, this report gives the ultimate guide to exploring opportunities in the Intelligent Transport System Market. Increased demand for integrated, biometric, sensor based technology, implementation of contactless & mobile payment, ticketing technologies across public transit will impact positively the market outlook worldwide post COVID-19. It also provides accurate information and cutting-edge analysis that is necessary to formulate an ideal business plan, and to define the right path for rapid growth for all involved industry players. We know where we will be getting business intelligence from in the future., Thank you for sending the market report and data. Increasing use of is expected to drive the growth of the Intelligent Transportation Systems (Its) Market.