Intelligent Transportation System Market to Reach $77.74 Billion by 2028
The intelligent transportation system (ITS) market is expected to grow from USD 52 billion in 2023 to USD 77.74 billion by 2028, at a CAGR of 8.37%. The growth of the market is attributed to the increasing demand for traffic control solutions, smart vehicles, and the improved safety and surveillance offered by modern cameras and License Plate Recognition (LPRs). Key Players in the ITS Market...
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