The Intelligent Transportation System Market is expected to reach a value of US$ 50.9 billion by 2030, with a compound annual growth rate (CAGR) of 15.1% during the forecast period. This growth is driven by the increasing adoption of cutting-edge technologies such as communication, analysis, sensing, and control in the transportation sector. The report provides a detailed analysis of the market, including key regions, growth rate, and financial factors, to help companies identify opportunities for growth and development.
