The revenue of the global intelligent transportation systems market stood at US$20.22 billion in 2015 and the market is expected to reach US$57.44 billion by the end of the forecast period, developing at a CAGR of 12.7 per cent during the forecast period, according to research by Transparency Research (TMR).
According to the report, Intelligent Transportation System Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016-2024, on the basis of type, advanced transportation managem