#Intelligent Transportation System Market

[blueweaveconsultingblog]

Intelligent Transportation System Market Growth, Insight, Report 2022-2029

BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated global intelligent transportation system market size at USD 35.25 billion in 2022. During the forecast period between 2023 and 2029, BlueWeave expects global intelligent transportation system market size to grow at a significant CAGR of 7.52% reaching a value of USD 57.61 billion by 2029. Major growth factors of the global intelligent transportation system market include an increasing demand for efficient and sustainable transportation systems. It has led to a growing need for advanced technologies, such as traffic control systems, modern cameras, license plate readers, and smart vehicles connected to the latest telecommunications technology. It aims to enhance safety and surveillance. Another key factor expected to propel market growth is the rising number of vehicles, coupled with outdated infrastructure and inadequate traffic data management. To address these issues, a new traffic management system has been developed, and transportation authorities are leveraging modern data analytics to manage the growing volume of traffic. These initiatives are expected to fuel the expansion of the global intelligent transportation system market during the period under analysis.

Global Intelligent Transportation System Market – Overview

Global intelligent transportation system (ITS) market refers to the use of advanced technologies, communication devices, and management strategies to improve the efficiency, safety, and sustainability of transportation systems. These systems typically integrate data from various sources, such as vehicles, infrastructure, and passengers, to provide real-time information and support decision-making for transportation operators and travelers. The ITS market includes various applications, such as advanced traffic management systems, electronic toll collection systems, intelligent parking systems, and smart public transportation systems, among others. The market is driven by factors such as increasing urbanization, rising demand for efficient transportation systems, and government initiatives to reduce traffic congestion and promote sustainable transportation.

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Impact of COVID -19 on Global Intelligent Transportation System Market

COVID-19 had a detrimental impact on the global intelligent transportation system (ITS) market. The pandemic led to a significant reduction in travel demand as countries imposed lockdowns and restrictions on movement to curb the spread of the virus. As a result, the demand for ITS applications such as traffic management systems, electronic toll collection, and smart public transportation systems decreased significantly. Moreover, the disruption of global supply chains caused by the pandemic led to delays in the delivery of ITS components and equipment, affecting the implementation of ITS projects. Additionally, the economic downturn caused by the pandemic resulted in budget cuts for ITS projects in many regions, further hampering market growth. The COVID-19 pandemic, on the other hand, also accelerated the adoption of digital technologies, including ITS applications, as governments and transportation operators sought to promote contactless transactions and minimize physical interactions. It led to the development of new ITS solutions, such as mobile payment systems and digital ticketing for public transportation.

Global Intelligent Transportation System Market – By Application

Based on application, the global intelligent transportation system market is divided into Traffic Management, Road Safety and Security, Freight Management, and Public Transport Management segments. The traffic management segment held the highest market share in 2022. The segment includes systems that improve the reliability and operational efficiency of road networks, such as vehicle detection systems, bridge traffic management systems, and ramp metering systems. Traffic congestion is a recurring issue worldwide, resulting in significant monetary losses due to increased travel time and fuel consumption, as well as a decreased quality of life. Thus, it is crucial for governments worldwide to introduce new technologies and implement intelligent transportation systems to reduce the financial burden and drive market demand.

Competitive Landscape

Major players operating in the global intelligent transportation system market include Thales Group, Kapsch TrafficCom AG, Siemens AG, TomTom International BV, Q-Free ASA, Hitachi Ltd., Garmin Ltd., Cubic Corporation, Denso Corporation, Iteris Inc., TransCore LP, WS Atkins PLC, Lanner Electronics Inc., EFKON AG, and Xerox Corporation. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.

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[priteshwemarketresearch]

Intelligent Transportation System Market by Platform, Type, Technology and End User Industry Statistics, Scope, Demand with Forecast 2034

Intelligent Transportation System Market Outlook 2034

Intelligent Transportation Systems Market have no external substitute. There are a few internal alternatives, though. For example, sophisticated traveler information systems, vehicle charging systems, and automotive navigation are seriously threatened by the emergence of smartphone-based advanced transportation applications. However, because of advantages including increased accessibility, better seat usage, less traffic, and more vehicle safety, intelligent

transportation systems are predicted to replace conventional methods.

In The Market intelligent transportation systems, end-user concentration is important.Transport authorities at both the national and local levels are end users; they install ITS in order to oversee transportation network operations. They communicate vital traffic information with both public and private transportation operators through satellite-based or wireless communication technologies.

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Companies Covered: Intelligent Transportation System Market:

Lanner Electronics

Hitachi Ltd.

Kapsch TrafficCom

Denso Corporation

TomTom International BV

Siemens AG

Garmin International

Clever Devices Ltd.

Nuance Communications

Lanner Electronics

Thales Group

Other

Global Intelligent Transportation System Market Segmentation:

By Component

Hardware

Software

Services

By Application

Traffic Monitoring

Fleet Management & Asset Monitoring

Collision Avoidance Systems

Parking Availability Systems

Traffic Enforcement Cameras

Variable Enforcement Cameras

Roadways

Railways

Aviation

Maritime

Latest Trends:

The transportation infrastructure is future-ready due to the growing number of connected and automated vehicles on the road. Transportation organizations also need to be ready for the future. To enhance solution and system performance, a number of ITS service providers offer their experience in design, planning, implementation, and tasks. Many transportation service providers are calling for a better infrastructure, more road safety, and a well-connected transportation system as a result of growing urbanization, rising disposable incomes, and the need for modern cars to make driving easier. Future smart city developments, cutting-edge communication systems, and government programs for smart development in China, India, Singapore, Dubai, and other developing nations will also open up new potential prospects for the market.

Driving Factors:

Traffic congestion is caused by an increase in the number of vehicles on the road and a lack of suitable transportation infrastructure. Road deaths may rise as a result of the increasing traffic congestion, which also has a detrimental effect on the environment because of vehicle emissions. In 2018, there were around 36,600 traffic-related deaths documented on American roads, and approximately 1.35 million traffic-related deaths worldwide.

Government Spending on Cutting-Edge Traffic Control Systems to Drive Industry Growth Throughout the anticipated period, active government financing for ITS planning, design, and implementation is expected to propel the expansion of the intelligent transportation system market.

Global Intelligent Transportation System Market Growth Opportunity:

During the projected period, the Intelligent Transportation Systems market is expected to witness growth potential due to the swift advancements in autonomous driving, linked automobiles, and vehicle platooning technologies.

The World Economic Forum states that partnerships between the public and commercial sectors are testing autonomous vehicle technologies on public highways, and that by 2050, the business could be worth $7 trillion. Autonomous vehicle technology has a great potential to improve traffic flow, lower road fatalities, and improve urban air quality if it is used correctly.For example, some nations have established committees or authoritative groups to forecast and create technology.

Restraint: Lack of funding and synchronization among agencies:

Since money is being redirected for a number of other significant aviation infrastructure projects, raising funds for the installation and upkeep of ITS across the industry is a serious challenge. In addition, organizations have difficulty hiring and retaining personnel with the expertise needed to oversee and operate the ITS system. Moreover, a breakdown in agency cooperation could make ITS less effective. Airport authorities must also find financing sources for the system's ongoing upkeep and daily operation in order to guarantee the continuous smooth operation of the deployed ITS in the airlines.

Opportunity: Improving information and communication technologies:

In developed economies, information and communication technology (ICT) use has led to increased efficiency and safety in maritime transportation. ICT applications, however, come with specialized infrastructure and expensive expenses. Big data analytics and digital mobile communications have opened up new worldwide possibilities for more potent and affordable ITS in the internet era. Transport agencies utilize cutting-edge technologies to enhance safety and manage marine transportation assets, such as cloud-based services, open data standards, and other intelligent applications.

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[shiza0022]

Intelligent Transport Systems Market Analysis, Trends, Forecast, 2024-2034

Intelligent Transport Systems Market provides strategy of mergers and executions to enhance their Market share and product assortment. The main goal of Global Intelligent Transport Systems Market report is to provide a clear picture and a better understanding of the market. Additionally, it also covers the overall market situation along with future lookout around the world. The report evaluated key market features, including revenue, capacity, capacity utilization rate, price, production, production rate, CAGR, consumption, import/export, supply/demand, cost, market share, and gross margin. In addition, This Report study offers a comprehensive study of the key market dynamics and their latest trends, along with applicable market segments and sub-segments.

The Intelligent Transport Systems Market report profiles the successive companies, which includes: - Redflex Holdings Limited THALES Company Garmin International Inc. BAE SYSTEMS PLC Company NORTHROP GRUMMAN CORPORATION Kapsch Trafficcom AG.

A specific study of competitive landscape of the global Intelligent Transport Systems Market has granted, providing insights into the corporate profiles, financial standing, recent developments, mergers and acquisitions, and therefore the SWOT analysis. This analysis report will provide a transparent program to reader’s concern regarding the general market situation to further choose on this market projects.

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This report studies the global Intelligent Transport Systems Market status and forecast, categorizes the global Intelligent Transport Systems Market size (value & volume), revenue (Million USD), product price by manufacturers, type, application, and region. Intelligent Transport Systems Market Report by Material, Application and Geography with Global Forecast to 2030 is a connoisseur and far-reaching research provide details associated with world’s major provincial economic situations, Concentrating on the principle districts (North America, South America Europe, and Asia-Pacific) and the crucial nations (United States, Germany, United Kingdom, Japan, South Korea, and China).

Reports Intellect analysts are currently working analyzing and incorporating their insights on the effect of COVID-19 across diverse industry verticals. These insights are quite promising for various businesses and industries to cope up with this unprecedented downturn and take effective strategic decisions to thrive and proliferate in the ever competitive business ecosystem. By Types: Advanced Traffic Management System Advanced Traveler Information System Advanced Vehicle Control System Commercial Vehicle Operation Advanced Public Transportation System

By Applications: Fleet Management Traffic Monitoring Systems Traffic Signal Control Systems Automotive Telematics Traveler Information

Market Segment by Regions, regional analysis covers North America Europe Asia-Pacific South America Middle East and Africa

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Reasons why you should buy this report

·  Understand the Present and future of the Intelligent Transport Systems Market in both Established and emerging markets. 

·  The report assists in realigning the business strategies by accentuate the Intelligent Transport Systems business priorities.

·  The report throws light on the segment expected to dominate the Intelligent Transport Systems industry and market.

·  Forecasts the regions expected to perceive ascension.

·  The newest developments within the Intelligent Transport Systems industry and details of the industry leaders alongside their market share and methods.

·  Saves time on the entry level research as the report contains principal data concerning about growth, size, leading players and segments of the industry.

·  Save and cut time carrying out entry-level research by characterizing the growth, size, leading players and segments within the global Market.

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[automotiveera]

Connected Journeys: Navigating Trends in the Intelligent Transportation System Market

The intelligent transportation system market will reach USD 102,617.3 million, propelling at a 10.2% CAGR, by 2030.

The growth of the industry is attributed to the rising adoption of advanced communication technologies, the growing requirement to enhance transportation safety and traffic flow, and the increasing population all over the world, which is boosting land vehicle sales.

In 2021, the services category held the largest revenue share, of approximately 50%, and it will remain the largest in the years to come. This is because of the requirement to increase the efficiency and connectivity of surface transportation networks, which needs the proper maintenance of intelligent transportation system equipment.

Advanced public transportation systems will observe the fastest growth in the years to come, with a 9% CAGR. This is credited to the increasing investment in real-time gathering and analysis of information for roadways, growing public–private partnerships, and the requirement to enhance the public transportation network’s operational effectiveness as well as passenger services.

In 2021, the advanced traffic management system held the largest intelligent transportation system market revenue share, and it will remain the largest in the years to come. This is because of their widespread adoption of roadways, the growing number of vehicles and commuters in cities, and rising concerns of people regarding decreasing the levels of pollution and traffic congestion.

Based on application, in 2021, the roadways category held the largest revenue share, and it will maintain its position in the coming years. This is because of rapid urbanization, increasing requirements for parking management, the rising rate of vehicle ownership, mounting congestion of traffic in smart cities, and the enormous number of companies that provide such solutions for terrestrial commuting.

APAC will observe the fastest growth, with approximately 8% CAGR, in the years to come. This is because of the emerging transportation infrastructure, rapid urbanization, increasing disposable income, rising industry of automobiles, and speedily developing infrastructure of roads in India and China.

Furthermore, in 2021, China accounted for the largest revenue share, and it will remain the largest in the years to come. This is attributed to the growing number of daily commuters in the nation, initiatives taken by the government to decrease emissions, and the increasing usage of new advanced technologies.

[dataseries]

Comprehensive Guide to Intelligent Transport Systems (ITS) for Smart Cities

Intelligent Transport Systems (ITS) refer to a sophisticated network of technologies and communication systems that aim to enhance the overall efficiency, safety, and sustainability of transportation within urban environments. These cutting-edge systems integrate various technologies like sensors, cameras, data analytics, and advanced algorithms to optimize traffic flow, reduce congestion, and improve overall transportation operations.

The Role of ITS in Shaping Smart Cities

As cities around the world face unprecedented challenges in managing urban mobility, ITS emerges as a key solution towards building smarter and more connected urban spaces. By facilitating real-time data exchange between vehicles, infrastructure, and commuters, ITS empowers city planners and administrators to make informed decisions, leading to more efficient transportation systems.

ITS applications cover a wide range of areas, including:

Traffic Management: ITS enables real-time monitoring of traffic conditions, allowing for dynamic adjustments to traffic signals and rerouting to reduce bottlenecks and congestion.

Public Transportation Enhancement: ITS helps optimize public transportation schedules, ensuring timely arrivals, and providing commuters with accurate information on bus and train routes.

Intelligent Parking Solutions: By employing smart parking systems, ITS aids drivers in locating available parking spaces, reducing the time spent searching for parking and subsequently cutting down traffic congestion.

Connected Vehicles: ITS facilitates communication between vehicles, promoting safer driving practices and supporting the development of autonomous vehicles.

Advantages of Implementing ITS in Smart Cities

The incorporation of Intelligent Transport Systems offers numerous advantages that contribute to the overall betterment of urban life:

1. Improved Traffic Flow and Reduced Congestion

ITS optimizes traffic flow by actively managing intersections and providing real-time traffic updates to drivers. This results in reduced congestion and shorter commute times for citizens.

2. Enhanced Safety

ITS-enabled safety features, such as collision avoidance systems and lane departure warnings, enhance road safety and significantly reduce the number of accidents on city roads.

3. Environmental Benefits

By streamlining traffic and reducing idle time, ITS contributes to lower emissions, making cities greener and more environmentally sustainable.

4. Efficient Public Transport

ITS ensures public transportation systems run smoothly, providing a reliable and attractive alternative to private vehicles, thereby decreasing overall traffic volume.

Key Challenges in Implementing ITS

While Intelligent Transport Systems hold immense potential for revolutionizing urban mobility, there are certain challenges that need to be addressed for successful implementation:

Cost and Infrastructure: The deployment of ITS requires substantial investments in infrastructure, hardware, and software systems.

Interoperability: Various ITS components need to communicate and share data effectively. Ensuring interoperability between different systems can be a complex task.

Data Privacy and Security: With the exchange of sensitive data, ensuring data privacy and protection against cyber threats is of utmost importance.

The Future of Intelligent Transport Systems

The future of ITS is poised to be even more transformative, as emerging technologies like 5G, artificial intelligence, and blockchain will further enhance its capabilities. The integration of autonomous vehicles, along with smart city initiatives, will bring about a paradigm shift in urban mobility.

[mohitbisresearch]

Intelligent Transportation Systems Market is expected to reach $40.76 billion by 2031, Intelligent Transportation Systems Industry growing with a CAGR of 5.8% during the forecast period 2021-2031.

[tritonmarketresearch]

Intelligent Railways TMS Market | Growth Prospects 2023-2030

Triton Market Research presents the ‘Global Intelligent Railways Transportation Management Systems Market’ report sectioned by Component (Hardware [Information & Rule Display Systems, Security & Surveillance Cameras, Line Wires, Sensors, Other Hardware Components], Software [Database Management Systems, Smart Traffic Management Analysis Software, Video Recording Software, Other Software Components], Service [Support & Maintenance Services, Cloud Management Services]), by Application (Automated Ticketing, Automated Traffic Control, Passenger Information Management, Other Applications), and by Regional Outlook (Asia-Pacific, Latin America, Europe, Middle East and Africa, North America).

The report further discusses the Market Summary, Industry Outlook (Parent Market Analysis, Impact Analysis, Market Maturity Analysis, Porter’s Five Forces Analysis, Regulatory Framework, Industry Components, Key Market Strategies, Key Buying Impact Analysis, Drivers, Challenges, Opportunities, Analyst Perspective), Competitive Landscape, Research Methodology & Scope, Global Market Size, Forecasts & Analysis (2023-2030).

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 Triton’s research report implies that the global intelligent railways transportation management systems market is likely to expand at a CAGR of 10.95% during the forecast years from 2023 to 2030.

According to Organization for Economic Co-operation and Development (OECD) projections, passenger transport will surge by 2.3 times and freight transport by 2.6 times, by the year 2050. Such developments are expected to enhance the need for optimizing key functioning areas of passenger and freight service providers.

Hence, they are largely turning to technology and automation, which is expected to favor the growth of the studied market over the forecast period. However, it is important to note that the deployment of IRTM systems is a time-consuming, cumbersome, and cost-intensive process. This largely hinders their adoption, creating challenges in the path of market growth.

The Asia-Pacific is expected to observe the fastest growth in the global market over the forecasted period. The rising adoption of IoT, rapid urbanization, the need for efficient traffic control, and government initiatives encouraging smart transportation systems are some of the key factors influencing the demand for intelligent railways TMS, which is expected to foster the regional market’s growth over the forecasted period.

Leading players engaged in the intelligent railways transportation management systems market include Kuebix LLC, Denso Corporation, Tata Consultancy Services (TCS), IBM Corporation, Oracle Corporation, SAP SE, Siemens AG, 3GTMS Inc, Blue Yonder, and Thales Group.

The studied market is characterized by moderate-to-high product differentiation, rising product penetration levels, and intense competition. Major vendors, such as SAP SE, 3GTMS, and IBM Corporation, boast of a strong client base, and are thus less impacted by market competition.

However, other players compete intensely to gain higher percentages of the market share. To attain this goal, one of the key strategies adopted by market players is the focus on R&D and product innovation. Apart from that, M&A deals have also emerged as preferable strategies for growth.

For instance, Denso Corporation, a leading mobility solutions supplier, and Aisan, a renowned powertrain solutions supplier, announced their agreement to transfer the former’s fuel pump module business to Aisan. With such efforts by companies, the market for intelligent railways transportation management systems is poised for growth.

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[hemlock-dreams]

Not me absolutely frothing at the mouth about this AU. Can we get an info dump on the Lore? It's making me want to abandon my current Spideypool WIP for this. Absolutely terminal brainrot for this boy

BEHOLD: MASSIVE LORE DUMP!

Peter B. Parker is a young troublemaker who has a problem with authority. He also has a knack for picking tech apart and putting it back together, which puts him on the radar for a small-time gang that needs someone to act as their alarm system breaker for a big score.

Unfortunately, said score had bad intel and what was supposed to be a simple robbery turns out to be manslaughter when the resulting fire that was supposed to cover up their tracks ends up killing two guards.

Peter is tried as an adult with the rest of the gang and sentenced to Rykers for 5 years.

Check out the full page HERE.

At Rykers, Peter meets Marko Flint, who takes Peter under his wing. and teaches him how to survive and thrive when wearing the orange.

Life goes on for 5 years. He learns the trade, gets some tats, learns how to make some great shivs, and becomes a better criminal all around. Yay prison!

Peter gets out at 21, and reunites with Uncle Ben and Aunt May. He does his best to clean up his act, but normal life is hard for someone who spent their formative years in prison.

(He also makes questionable hair and fashion choices. What can I say, he's catching up!)

He goes from job to job, trying to pay back his aunt and uncle for all their support but is completely unequipped for the 'real world.' After a few months working/getting fired from soul-crushing menial jobs (HS dropout!), he agrees to take 'one last job' with Marko that is 'guaranteed to set them up for life'.

*cough*

This robbery goes off without a hitch! No one is hurt and they make off after hitting a heavily armored Oscorp Transport with a ton of documents/tech that they aim to sell to the highest bidder.

The biggest mystery is that one glowing vial of untested, experimental serum they found...

Unfortunately, Oscorp doesn't take robbery lightly. Marko finds out through contacts that the serum (whatever it is) is too hot to sell on the market, so he instructs Peter to get rid of it so it can't be traced back to them.

Peter, a rational 22-year-old ex-con, 'gets rid of it' by mixing the serum into ink and tattooing it onto his wrist, triggering the start of his mutations.

It takes a bit, but Peter get's all the regular spiderman benefits (webs are organic), plus one more. The serum was created from the venom of the Portia Spider, a hunting/jumping spider known to be uniquely intelligent among arachnids.

Alongside the speed/strength/spideysense, Peter also grows some fangs that secrete a powerful venom.

The venom speeds up the body's processes, working almost like an insane performance booster and enhancing an injected person's strength, speed, and senses for a few hours.

Unfortunately, repeated doses also eventually induce shock, paralysis, and, later, death.

He gives a few samples of it to Marko as an exit fee.

Uncle Ben was suspicious of how Peter suddenly got so much money, but took him on good faith. But, while he was watching the news that covered the Oscorp robbery, connected the dots and had a blowout fight with Peter that ended with him having a cardiac event.

Unfortunately, he did not survive.

Aunt May and Peter were estranged over this for several years.

This event crushes Peter, sobering him up immediately. He goes back and gets his HS diploma, and works on night courses in college.

However, he spends much of his days wandering, angry at himself and what he did. He beats up a mugger one day and realizes that he could be using his powers to back up the faith Ben had in him.

Spiderman is born!

Eventually, he and Aunt May reunite, and their relationship is slowly healing.

A few years later, Peter is on the up. He and Aunt May are close again! He's got a bachelor's in computer science, has a (semi) steady job, and is well-liked as Spiderman by the populace at large. His rogue's gallery is roguing- etc.

Unfortunately, a variant of his venom (developed by Kingpin) hits the streets as a drug. It's favored by both criminals for its performance-enhancing strength, as well as civilians, for the time-slowing sensation/high it gives them.

His girlfriend, Mary Jane, who has been sober for a few years, relapses. Peter, knowing that he can't stop her from getting it on her own, reveals his identity and becomes her main source.

At least, this way, he can control the dosage.

Marko (who sold Peter's venom to Kingpin) manages to fire off his only two brain cells and realizes that Spiderman IS Peter Parker.

Then he outs him to the world because Spiderman made it personal.

Peter's life catches on fire. The entire world is after him. His loved ones have to go into hiding because there's no shortage of criminals and psychopaths who want to get their hands on MJ and Aunt May to get to Spiderman.

Peter ceases to exist. It's not safe anymore. He spends days (weeks? months?) in the suit. Eventually, on the run and burnt out, he pleads his case to Dr. Strange in desperation. (Ala No Way Home)

"Everyone deserves a clean start."

Dr. Strange agrees, but the spell can't work with Peter still existing as part of the equation. So it fires him off into a reality where Peter B. Parker, and by extension Spiderman, never existed.

So how's an ex-con/ex-superhero (for now) supposed to carve a space in a world that never knew him? By finding somewhere that doesn't ask any questions.

And it just so happens, that St. Margaret's School for Wayward Children has a reputation for both being a bar of questionable repute and looking the other way.

Might as well start there.

~~~~~~~~~

Thank you so much for this lovely, lovely ask! I hope this massive lore dump wasn't overkill, but I'm having a lot of fun with this world and wanted to share.

And I offer this lore dump ONLY on the condition that you do not drop whatever you're working on. There is always space for more spideypool in the world, don't deprive us!!!

[sagarg889]

Intelligent Transport Systems (ITS) Market: Global Industry Analysis, Size, Share, Growth, Trends & Forecast 2022-2032

From 2022 to 2032, demand for intelligent transportation systems is expected to grow at a CAGR of 13.4%. The global intelligent transportation system (ITS) market is expected to be worth US$ 37.8 billion in 2022, rising to US$ 132.93 billion by 2032.

Elevated demand for enhanced transportation infrastructure and growing need for better traffic management and control is expected to boost the market over the forecast period.

Rising incidences of road accidents and collisions have fueled the growing demand for advanced traffic control solutions. The adoption of smart vehicles across regions like the U.S., China, and the U.K. are promoting the demand for intelligent traffic control systems. These two factors are the primary drivers of the intelligent transport system market growth and expansion.

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Furthermore, adoption of intelligent transport systems is expected to achieve traffic efficiency, safety of traffic passengers, improve passenger experience and also contribute towards environmental preservation. Improvements to the overall traffic operations is another benefit.

Government investments in the designing, planning and implementation of intelligent transport system solutions to control traffic congestion as well as advancements in transportation technology and rising adoption of IoT for traffic are all contributing factors for the market growth of intelligent transport system.

Key Takeaways:

Rising adoption of smart vehicles will promote market growth in the U.S. over the assessment period.

China will continue dominating the Asia Pacific market, excluding Japan.

India is projected to emerge as a lucrative market in South Asia over the forecast period.

By component, intelligent transport systems software is expected to witness a CAGR of 13% over the forecast period.

On the basis of application, intelligent urban traffic management systems will register a CAGR of 9.4%.

Competitive Landscape

Thales Group AD, Siemens AG, Garmin Ltd., Kapsch Trafficcom, Tomtom International BV, Q-Free ASA, Denso Corporation, Atkins Group, Iteris Inc., Ricardo PLC, Efkon AG, Savari Inc., Transcore LP, Lanner Electronics Inc. and others are some of the manufacturers of intelligent transport systems (ITS) profiled in the full version of the report.

Key players in the global intelligent transport systems (ITS) market are employing tactics like strategic mergers, acquisitions and collaborations to gain a competitive advantage. They are collaborating with governments and other key market players to invest extensively in advanced solution projects and thereby strengthen their market position.

More Insights into the Intelligent Transport Systems (ITS) Market Report

In its latest report, FMI offers an unbiased analysis of the global intelligent transport systems (ITS) market, providing historical data from 2013 to 2021 and forecast statistics for the period 2022 to 2032. To understand the global market potential, growth, and capacity, the market is segmented based on application (intelligent urban traffic management systems (traffic monitoring, traffic signal controls, enforcement camera management), Highway traffic management, intelligent car parking management systems (smart parking), Fleet management and asset monitoring (public, private), collision avoidance systems, advanced traveler information systems, congestion/road charging solutions), component (hardware, software, services), and region.

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Intelligent Transport Systems (ITS) Market Regional Analysis

According to the latest reports by FMI, India is expected to present significant growth rate in the intelligent transport systems (ITS) market over the forecast period. Increasing development in transport infrastructure coupled with rising incidences of road accidents are promoting the expansion of intelligent transport systems (ITS) market in this region. India is thus considered as one of the most lucrative intelligent transport systems (ITS) markets in South Asia.

In China, demand for intelligent traffic management is rising along with the increasing cases of road accidents and collisions. Intelligent transport systems (ITS) control road accidents, traffic and improve transport infrastructure. Due to this reason, many key players in the market are either eying the region for product launch or for introducing updates to existing systems. As a result of all these factors, China is expected to lead the Asia Pacific intelligent transport systems (ITS) market, excluding Japan market.

Apart from countries in the Asia Pacific region, the U.S. intelligent transport systems (ITS) market will also account for steady growth due to the rising demand for improved transport infrastructure. Rising adoption of smart vehicles also contribute to market growth in this region.

Intelligent Transport Systems (ITS) Market Segmentation Analysis

By component, the software segment will account for almost 21.6% market share, growing at a prolific CAGR of over 13% during the forecast period. Rising need for efficient traffic management systems across regions like China, India, and Japan is driving the market sales of this segment. More and more governments are forced to install ITS software for efficient traffic control due to the growing rates of accidents and collisions resulting from poor weather conditions. This bodes well for the software segment.

By application, the intelligent urban traffic management system segment is predicted to exceed US$5.04 Bn by the end of 2022, growing at a robust CAGR of 9.4%. Introduction of smart cities, and need for effective management of traffic across emerging economies is spurring the sales of the intelligent urban traffic management system segment. This system also aids in curbing the high mortality rate due to traffic accidents, thus, facilitating market growth.

[rideboomindia]

Based on the search results, here are some innovative technologies that RideBoom could implement to enhance the user experience and stay ahead of ONDC:

Enhanced Safety Measures: RideBoom has already implemented additional safety measures, including enhanced driver background checks, real-time trip monitoring, and improved emergency response protocols. [1] To stay ahead, they could further enhance safety by integrating advanced telematics and AI-powered driver monitoring systems to ensure safe driving behavior.

Personalized and Customizable Services: RideBoom could introduce a more personalized user experience by leveraging data analytics and machine learning to understand individual preferences and offer tailored services. This could include features like customizable ride preferences, personalized recommendations, and the ability to save preferred routes or driver profiles. [1]

Seamless Multimodal Integration: To provide a more comprehensive transportation solution, RideBoom could integrate with other modes of transportation, such as public transit, bike-sharing, or micro-mobility options. This would allow users to plan and book their entire journey seamlessly through the RideBoom app, enhancing the overall user experience. [1]

Sustainable and Eco-friendly Initiatives: RideBoom has already started introducing electric and hybrid vehicles to its fleet, but they could further expand their green initiatives. This could include offering incentives for eco-friendly ride choices, partnering with renewable energy providers, and implementing carbon offset programs to reduce the environmental impact of their operations. [1]

Innovative Payment and Loyalty Solutions: To stay competitive with ONDC's zero-commission model, RideBoom could explore innovative payment options, such as integrated digital wallets, subscription-based services, or loyalty programs that offer rewards and discounts to frequent users. This could help attract and retain customers by providing more value-added services. [2]

Robust Data Analytics and Predictive Capabilities: RideBoom could leverage advanced data analytics and predictive modeling to optimize their operations, anticipate demand patterns, and proactively address user needs. This could include features like dynamic pricing, intelligent routing, and personalized recommendations to enhance the overall user experience. [1]

By implementing these innovative technologies, RideBoom can differentiate itself from ONDC, provide a more seamless and personalized user experience, and stay ahead of the competition in the on-demand transportation market.

[vivicantstudy]

17 Compelling Reasons to Start Learning Mandarin Today!

1. Cultural access: Mandarin opens doors to understanding China’s rich cultural heritage, including literature, philosophy, and art. It’s the key to exploring classical works like Confucian texts and contemporary media without relying on translations.

2. Cognitive benefits: Studies show that learning Mandarin enhances cognitive abilities, such as problem-solving and memory. The complexity of Mandarin characters and tonal distinctions challenges the brain, leading to better mental agility.

3. Future-proofing: As China continues to grow as a global economic powerhouse, being fluent in Mandarin positions you advantageously for future job markets and international business opportunities.

4. Travel convenience: Speaking Mandarin makes traveling in China, Taiwan, and Singapore significantly easier. It helps with navigating public transport, understanding local customs, and accessing services, enhancing your overall travel experience.

5. Business and networking opportunities: With China being home to many of the world’s largest companies, Mandarin can open doors to new business ventures, partnerships, and job opportunities in a wide range of industries.

6. Learn a completely different writing system: Mandarin involves learning thousands of characters, offering a unique cognitive challenge. This skill not only enriches your understanding of the language but also provides insight into Chinese thought processes and cultural nuances.

7. Stand out in the global job market: Fluency in Mandarin is a rare and highly sought-after skill. It can distinguish you from other candidates, making your résumé stand out and potentially leading to higher salary offers and unique career opportunities.

8. Influence of Chinese pop culture: Access China’s booming entertainment industry, including hit movies, music, and television shows. Understanding Mandarin allows you to enjoy these cultural products in their original form, without relying on subtitles or translations.

9. Connect with Chinese heritage: For those with Chinese ancestry or interest, learning Mandarin facilitates a deeper connection with your heritage. It allows you to engage with historical documents and family traditions that are often only accessible in the original language.

10. Enhance travel experiences in Asia: Mandarin proficiency improves your travel experiences across multiple countries in Asia, where Chinese influence is significant. It helps you interact with locals, understand regional dialects, and fully immerse yourself in diverse cultures.

11. Access to advanced technologies: China leads in fields like artificial intelligence and fintech. Understanding Mandarin gives you direct access to cutting-edge research, innovations, and trends emerging from these technology sectors.

12. Build stronger personal relationships: Learning Mandarin allows you to communicate more effectively with Mandarin-speaking friends, colleagues, and partners. It deepens personal connections and shows respect for their language and culture.

13. Tap into Chinese academic resources: China’s academic sector is growing rapidly. Mandarin proficiency enables you to access a wealth of research, academic journals, and educational materials that are increasingly influential on the global stage.

14. Gain insights into global trends: Understanding Mandarin helps you stay informed about global trends and innovations directly from China. This knowledge is valuable for staying ahead in industries like fashion, technology, and social media.

15. Improve cultural sensitivity: Learning Mandarin enhances your understanding of Chinese social norms and etiquette. This cultural insight is crucial for navigating personal and professional interactions with respect and understanding.

16. Develop long-term cognitive benefits: Mandarin’s unique challenges, such as tone recognition and character memorization, promote long-term cognitive development

These were my favorite reasons why I study Mandarin! I’m loving the journey because it connects me deeply with a new culture and opens doors to Chinese technological innovations. Plus, the challenge of learning Mandarin is boosting my cognitive skills and problem-solving abilities. Thanks for reading up to here!

[quixoticanarchy]

what is the connectography book and why is it so terrible?

Sorry this took a while to collect my thoughts! where do I start.....

tl;dr it's a paean to enlisting every corner of the earth in the global neoliberal economy so that each can maximize their natural role in the supply chain and achieve Development™. All resources feasible to extract should be extracted, "connectivity" is the most important goal and value and metric in the world, supply chains matter more than nations, globalization is an inexorable force for good, we should focus on mass infrastructure projects to speed development (including a bizarre amount of fossil fuel infrastructure projects). yes there are downsides and yes there's a climate crisis going on but don't mind that, it'll actually be quite profitable

long answer under the cut:

Connectography is a book by Parag Khanna - CNN consultant, Brookings Institute guy, former Special Ops embed, National Intelligence Council advisor etc. So off the bat he’s quite embedded (so to speak) and aligned with the US military and national security apparatus, although the focus of the book is economic. The main arguments are that the world can no longer be thought of as a discrete set of countries setting and fighting over national policies, but an interconnected “supply chain world” where systems of production, transportation, and consumption drive policy and development in and of themselves. Consequently he argues for the diminishing importance of the nation-state and an increasing importance of smaller units of power geography like cities as well as broader ones like regions. He then argues that authority will and should devolve from centralized states to smaller units, and that global conflict would diminish or disappear if we could just give every tribal group its own state or at least autonomy within a larger state. Which is..... already quite a take.

His other main contention is that investing in mass infrastructure projects (oil pipelines, trains, highways, ports) is the best way to maximize "connectivity" and speedrun modernity and urbanization and development and industrial exploitation of poor countries. Demands that everyone and everything serve the market's invisible hand have become demands to bow to the needs of supply chains - which despite being quite based in the material world, are often invoked as something of a mystical force with their own whims and desires, uncoupled from human action.

In a way, there are principles that I also hold which show up in a strange twisted mirror version here. He isn't interested in preserving the nation-state as a form - but it's bc he prioritizes transnational supply chains and rule by corporatocracy. He would like to see a more borderless world - but he's also in favor of more borders (give every ethnic group a state, but also states don't matter anymore?), which counterintuitively he says would lead to a more interconnected and frictionless world. He's pro-immigration and freedom of mobility - but elsewhere it's made clear that he's also invested in blocking undesirable "flows" across borders, and is pro-mobility of people just as long as they enhance economic productivity. He makes some cogent critiques of maps and what is obscured by treating political maps of country borders as true and absolute, for instance - but the ways in which he would re-map the world are all to reflect and further the hyperconnected hypercapitalism he applauds. He would rather see structural adjustment programs prescribe infrastructure investments than austerity - but he still supports "developing" countries being forcibly drafted into the global economy and structured according to the (politely vague and innocuous-sounding) demands of supply chains.

The cheerleading for infrastructure projects, which might be mistaken for a benevolent interest in public spending, is much less "repair bridges so they won't collapse and kill people" and much more "repair and build more and bigger bridges so that more and bigger trucks can carry more cargo across them faster". His rather unoriginal instruction to "developing" countries is to accept globalization is inevitable so it's best to get yours where you can: start by selling off your resources and turning them over to private industry, open SEZs (Special Economic Zones, aka Free Trade Zones) and let the corporations use your cheap labor until you ‘develop’ enough to move up the value chain and those industries depart for cheaper and more lawless shores. He's really into SEZs. It's the classic race to the bottom, except he does not dwell whatsoever on that bottom and its conditions, nor its necessity - someone somewhere will always have to be the cheapest, the most exploitable, the most business-friendly. Instead we get, predictably, the argument that the race to the bottom actually lifts all boats bc corporate investment through SEZs teaches backwards countries how to develop faster and better.

Nothing makes me see red like considering how the version of the future which to me is a nightmare - a fully urbanized integrated modernized hypercapitalist corporate-run world of endless growth and consumption and extraction and waste mediated by advanced technology and surveillance, all consequences be damned - is seen as good and desirable and inevitable by various political and military leaders, economists, think tanks, corporations, etc.

It's also kind of sickening how incredibly out of touch all these visions are. There is no discussion of resource scarcity or limits. There is no discussion of waste. My guy Khanna's acknowledgments of climate change are so blasé and opportunistic I would rather he were a rabid climate denier. How do you acknowledge the destabilizing and deadly effects of climate crisis and yet promote and lionize policies that ensure more of those effects? How are mass scale infrastructure projects supposed to knit people together though lasting physical and supply chain interdependence when so fucking many of them are fossil fuel infrastructure projects?? I cannot emphasize enough how much he gushes over countries and companies building ever more oil pipelines, opening up new deposits for drilling (including in the arctic), and putting aside border disputes to transport oil faster and faster to the biggest consumers.

Well, don’t worry - he’s got the climate-meltdown world all figured out. No mention of cutting emissions or keeping temperature rise down or even many mentions of "green" energy; it's still drill baby drill til we die. Most coastal cities will drown and most latitudes will become uninhabitable but it’s ok, Canada and Russia can become the breadbaskets of the world and we’ll tap all those good good arctic basin resources as the ice melts. Probably throw in some geoengineering too. Climate migrants can move north in their millions, and Canada and Russia will welcome them; really, it's convenient, bc they’re too sparsely populated up there anyway and could use some fresh blood.

There are many other ridiculous or appalling things here I could go into if this post weren't already too long - the statement that colonialism is over, inequality is inevitable and a worthy price to pay, antiglobalization activists are naïve and basically a dying breed anyway, the world has gotten so good at controlling desirable flows and preventing undesirable ones--in particular, we're soo good at controlling infectious disease these days (lol. lmao even), the discussion of Dubai and Doha as prime examples of interconnected hyperglobal cities without going into like. human trafficking, the mocking of countries that tried to choose a third way decades ago and were brutally punished, the disparaging of swana/african countries as weak and crisis-ridden (seemingly idiopathic idk. funny), the shameless extolling of the lovely resources found in war zones which sadly preclude their needful exploitation.. etc. Etc.

I hated this book and would only recommend as a know-thine-enemy exercise; I did get a fair bit out of it from that perspective, and it's worthwhile to consider the implications of the worldview that people like this espouse. But it's incredibly depressing and infuriating that the admitted endgame of all this really is to consume everything there is on this planet to squeeze out every drop of profit, and then flee to the poles when it all comes crashing down.