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 ... Read more