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Intelligent Transportation System Market Was Valued at US$

Intelligent Transportation System Market Was Valued at US$
PUNE, India, Oct. 29, 2020 (GLOBE NEWSWIRE) -- The Intelligent Transportation System Market - Global Market Share, Trends, Analysis and Forecasts, 2020-2030 provides insights on key developments, business strategies, research & development activities, supply chain analysis, competitive landscape, and market composition analysis. The Global Intelligent Transportation System Market was valued at US$ 25.3 billion in 2019, the expected CAGR for the duration 2020 to 2030 is 4.5%. With increased investment in development of efficient transport systems and growth in disposable income, the number of vehicles on road has increased significantly during past decade. The declining prices of passenger cars has resulted in increased traffic congestion across the major countries globally. This has led to emergence of intelligent transportation systems and has accelerated the growth of market across the globe. View this Report with Table of Contents : Access the Sample of this Report : Buy This Report :

https://www.globenewswire.com/en/news-release/2020/10/30/2117495/0/en/Intelligent-Transportation-System-Market-Was-Valued-at-US-25-3-billion-in-2019-and-is-Expected-to-Reach-US-39-5-billion-by-2030-at-a-CAGR-of-4-5.html

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