The global Intelligent Transportation System (ITS) Market is expected to reach USD 48.17 Billion by 2027, according to a new report by Emergen Research. The increasing number of on-road vehicles and inefficient existing transport infrastructure will encourage the need for an intelligent transportation system. Actions by the government towards establishing a more reliable infrastructure and running the transport system easily are anticipated to grow the market globally.

Emergen Research’s latest document, titled ‘Global Intelligent Transportation System Market - Forecast to 2027,’ is one of the most sought-after market reports involving an in-depth analysis of the global Intelligent Transportation System market. The report’s authors have offered necessary details on the latest Intelligent Transportation System market trends and the crucial parameters impacting both short-term and long-term market growth.

COVID-19 Impact Analysis:
The latest report is the most recent study that offers 360 coverage of the Intelligent Transportation System industry that has been facing the brunt of the adverse economic impact of the COVID-19 outbreak since the beginning of this year. The global health crisis has affected nearly every aspect of the business vertical and led to massive disruptions to the global Intelligent Transportation System market demand and supply chains. Researchers draw predictions for the market scenario in the post-COVID era.

Regional Overview:
• The global Intelligent Transportation System market has been categorized on the basis of key geographical regions into North America, Asia Pacific, Europe, Latin America, and Middle East & Africa. It evaluates the presence of the global Intelligent Transportation System market in the major regions with regards to market share, market size, revenue contribution, sales network and distribution channel, and other key elements.

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