Intelligent Transportation System Market Growth: Key Drivers and...

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2025-04-04 08:05:03 - Translate

Intelligent Transportation System Market Growth: Key Drivers and Future Projections

The Intelligent Transportation System Market is experiencing significant growth, driven by technological advancements and increasing urbanization. In 2023, the market was valued at approximately USD 52 billion and is projected to reach USD 77.74 billion by 2028, reflecting a compound annual growth rate (CAGR) of 8.37% from 2023 to 2028. Key Drivers of ITS Market Growth Urbanization...

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