Aarkstore Market research published the new epoch of Market Research Report Titled UAE Intelligent Transportation System Market, Trends and Forecast 2023

UAE intelligent transportation system market registered substantial growth on account of large scale Infrastructural projects as well as increasing number of vehicles in the country. Additionally, some other key factors such as a 27% surge in the infrastructural spending by UAE government would lead to an increase in number of projects in the transportation sector, resulting in surge in demand for intelligent transportation system. Further, growing traffic congestion level coupled with increasing mass transit security concerns have fueled the growth of intelligent transportation system market in UAE.

UAE Intelligent Transportation System market is projected to grow at a CAGR of 9.2% during 2017-23. According to the UAE Vision 2021, launched by the government in 2010, the government would increase its investment across major areas, which would also drive the investments in transportation sector. Moreover, UAE government has planned to spend over $6.81 Billion on the Infrastructural related projects for Dubai Expo 2020, driving in further increase in demand for traffic congestion control.

In the UAE region, northern region held major market for Intelligent Transportation systems in terms of revenues on the back of increasing infrastructure development activities in the region. For Instance, a 27% surge in the infrastructural spending by UAEs government budget in 2017 would create more number of projects in the transportation sector. Northern region is expected to maintain its market share during the forecast period as well.

The report thoroughly covers the UAE Intelligent Transportation System market by types, verticals and regions. The report provides an unbiased and detailed analysis of the on-going trends, opportunities high growth areas, market drivers which would help the stakeholders to device and align their market strategies according to the current and future market dynamics.

Key Highlights of the Report:

• Historical data of Global Intelligent Transportation Market for the Period 2014-2016
• Market Size & Forecast of Global Intelligent Transportation Market until 2023
• Historic data of UAE Intelligent Transportation Market Revenues 2014-2016.
• Market Size & Forecast of UAE Intelligent Transportation System Market Revenues until 2023
• Historic data of UAE Advanced Transportation Management System Market Revenues 2014-2016.
• Market Size & Forecast of UAE Advanced Transportation Management System Market Revenues until 2023


Markets Covered
The report provides detailed analysis of the following market segments:
• By Type
    o Advanced Transportation Management System
    o Advanced Public Transportation System
    o Advanced Traveler Information System
    o Cooperative Vehicle System
    o Others
• By Verticals
    o Traffic Signal Control
    o Parking Management
    o Public Transport
    o Telematics
    o Traffic Monitoring
    o Tolling
    o Others
• By Regions
    o Northern Region
    o Southern Region

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