Intelligent Transportation System Market Overview
The Intelligent Transportation System market is predicted to develop at a compound annual growth rate (CAGR) of 7.1% from 2024 to 2034, when it is projected to reach USD 66.24 Billion, based on an average growth pattern. The market is estimated to reach a value of USD 35.10 Billion in 2024. Advancements in technology that enhance traffic management and safety and the increasing demand for efficient and sustainable urban mobility solutions fuel the market's growth.
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