Smart Transportation Systems Market to 2025 Introduction
Smart transportation system is advanced applications of information, communication technologies and management strategies in order to provide highly efficient services related transportation and traffic management. Besides this, smart transportation systems offers improved operational efficiency, enhancing road safety, and less traffic congestion. Smart transportation system has broadly application in parking availability system, traffic enforcement camera, collision avoidance system and so on.
The report aims to provide an overview of global smart transportation systems market with detailed market segmentation by component, system, application and geography. The global smart transportation systems market is expected to witness high growth during the forecast period. Increase in number of vehicles and traffic congestion is driving the smart transportation systems market.
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