Frequently Asked Questions
How does COVID-19 Impact the global Intelligent Transportation Systems And Services (ITSS) market?
Increased demand for incorporated, biometric, sensor-based technology, as well as the implementation of contactless and mobile payment and ticketing technologies in public transit, will positively impact the global market outlook post-COVID-19.
North America accounted for the most heightened share in the global Intelligent Transportation Systems And Services (ITSS) market.
Increasing demand for traffic control solutions, smart vehicles, enhanced safety and surveillance provided by License Plate Recognition (LPRs), modern cameras, and the fast progress of smart cities, among other factors, are promoting the development of the intelligent transportation system and services (ITSS) industry.
The Advanced Traffic Management System segment had a major share in the global market in 2022.
The Traffic Management segment had a major share in the global market.