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Intelligent Transport Systems (ITS) Market in North America 2015-2019

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An ITS is a sophisticated application, which provides solutions related to various modes of transport and traffic management. The traffic management process is also streamlined with the optimization of quality, and the reduction in time required for implementation of decisions as well as in costs incurred. Technavio analysts forecast the ITS Market in North America to grow at a CAGR of 6.49%, in terms of revenue, during 2014-2019.

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Intelligent Transport Systems (ITS) Market in North America 2015-2019

  1. 1. www.technavio.com enquiry@technavio.com Intelligent Transport Systems (ITS) Market in North America 2015-2019
  2. 2. Covered in this Report • The report covers the present scenario and the growth prospects of the ITS Market in North America for the period 2015-2019. • The market covered in the report includes roadway transportation only. To calculate the market size, we consider revenue generated from the sales of ITS products. • We also present the vendor landscape and a corresponding detailed analysis of the top five vendors in the ITS Market in North America. • The Technavio report, namely ITS Market in North America 2015-2019, is based on an in-depth market analysis, with inputs from industry experts. • We discuss the major drivers influencing market growth and also the challenges facing the vendors and the market as a whole. Intelligent Transport Systems (ITS) Market in North America 2015-2019 USA – CANADA – UK – CHINA – INDIA
  3. 3. Market Overview • An ITS is a sophisticated application, which provides solutions related to various modes of transport and traffic management. • The traffic management process is also streamlined with the optimization of quality, and the reduction in time required for implementation of decisions as well as in costs incurred. • The various types of ITS include ATMS, road user charging, ETC, public transport ITS, freight and commercial ITS, security and crime reduction ITS, road safety systems, ITS communications, and automotive and infotainment telematics. • Technavio analysts forecast the ITS Market in North America to grow at a CAGR of 6.49%, in terms of revenue, during 2014-2019. To know more about Intelligent Transport Systems (ITS) Market in North America 2015-2019, please mail us at enquiry@technavio.com USA – CANADA – UK – CHINA – INDIA
  4. 4. Key Vendors and Regions • Denso • KAPSCH • Q-Free • Thales • TransCore • 3M • Addco • Agero View Our Report: Intelligent Transport Systems (ITS) Market in North America 2015-2019 • North America Vendors Regions USA – CANADA – UK – CHINA – INDIA
  5. 5. Key Findings USA – CANADA – UK – CHINA – INDIA • The demand for advanced payment mechanisms and gateways is increasing due to the convenience they create for users and collectors. • Smartcard ticketing systems for public transport ensure a reduction in the usage of paper tickets. • Smartcard top-up systems can be refilled via the internet, which also allows them to choose their type of mode of transport and duration of usage. • In addition, toll collection and road user charging systems have become electronic, leaving behind manual and automatic collection. • The ITS market has seen an increase in the use of smart transportation and traffic management systems and services that use IT technologies such as TMS, RFID-based technologies, and smart tags on vehicles. • These technology-enabled services enhance the operation of ETC systems.
  6. 6. Key Questions Answered in Our Report • What will the market size be in 2019 and what will the growth rate be? • What are the key market trends? • What is driving this market? • What are the challenges to market growth? • Who are the key vendors in this market space? • What are the market opportunities and threats faced by the key vendors? • What are the strengths and weaknesses of the key vendors? Have a question of your own about this report? Ask our Analysts USA – CANADA – UK – CHINA – INDIA
  7. 7. • Decision makers and influencers in sales & marketing, strategy, product and R&D teams rely on research from Technavio. We have a large and growing base of happy customers worldwide. Our customers include technology suppliers, end users, consulting companies, investment firms and research institutes. • Technavio was founded in 2003 in London. We have about 300 analysts globally. We cover more than 500 technologies across 80 countries. Traditional media such as Forbes Asia and New York Times, along with other web media portals, like to quote us. About Technavio Some of our clients include: ACT Global, Flextronics, Huawei Technologies Co, Infosys, Harris Corporation, Infosys, Intercad, Hidaka Precision Tools & Dies Company, Huawei Technologies Co, American Capital, Analysis Group, Netscout, NTT DoCoMo USA – CANADA – UK – CHINA – INDIA
  8. 8. View Our Report Intelligent Transport Systems (ITS) Market in North America 2015-2019 82 Pages | SKU: IRTNTR6656 For media enquiries, please drop us a mail at media@technavio.com For more on the scope of the report, mail us at enquiry@technavio.com
  9. 9. Thank You! Mail us at: enquiry@technavio.com You can visit us at: www.technavio.com USA – CANADA – UK – CHINA – INDIA

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