Key Drivers and Opportunities in the Intelligent Transportation System Industry
The Intelligent Transportation System market is expanding as cities address traffic congestion, safety concerns, and environmental sustainability. ITS technologies enable smarter traffic control, enhanced surveillance, and optimized public transportation systems. With a valuation of USD 34.31 billion in 2023, the market is expected to reach USD 56.46 billion by 2030, growing at a CAGR of 7.7%....
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