ITS Market by System Type & Application | Traffic Management, Public Transport, Freight, and Tolling Systems Analysis
The intelligent transportation system (ITS) market size was valued at USD 55.33 billion in 2024 and is projected to register a CAGR of 8.4% from 2025 to 2034. This growth reflects mounting global efforts to alleviate urban congestion, reduce traffic fatalities, and integrate sustainable mobility solutions through real-time data analytics, connected infrastructure, and automated traffic...
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