5G and IoT Revolutionizing Intelligent Transportation Systems

August 17, 2023 1 Min read Views 49 BLOG

The global intelligent transportation systems market size will be valued at $20.52 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 8.6% over the forecast period. Increasing number of road fatalities, environmental pollution, fleet operations, and rapid development of smart cities are some of the factors driving the market growth.

Tags: Intelligent Transportation Systems Market

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