Intelligent Transportation System Market Overview and Future Trends
The global intelligent transportation system (ITS) market is projected to reach USD 68.0 billion by 2026 from an estimated USD 42.2 billion in 2021, at a CAGR of 10.0% from 2021 to 2026. The growth of the ITS market can be attributed to the high adoption of ecofriendly automobile technology and the increasing importance of environmental conservation.
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