Technology Intelligent Transportation System (ITS) Market

Hexa Research Fact-based market research, penetrating industry insights and validated forecasts to help you make better decisions for a stronger future Intelligent Transportation System (ITS) Market Share, Size, Analysis, Growth, Trends and Forecasts to 2020 | Hexa Research Global intelligent transportation system (ITS) market is estimated to attain USD 38.68 billion by 2020, as per a new research report by HexaResearch. Cost effectiveness along with escalating need for road safety is likely to boost global demand. ATMS was the leading product segment and was valued USD 7,366.5 million in 2014. It is expected to witness significant gains, with estimate of USD 15,050.8 million by 2020 at a CAGR of 12.6% during the forecast period. It is used to minimize congestion and ensure proficient use of road space. ATPS was valued at USD 5,031 million in 2014, and is projected to attain USD 10,748.6 million by 2020, at an estimated CAGR of 13.5% over the next six years. Browse Details of Report @ http://www.hexaresearch.com/research-report/intelligenttransportation-system-its-industry/ Contact: [phone] Email : [email protected] Website: http://www.hexaresearch.com/