TechNavio's analysts forecast the Global Intelligent Transportation System
market to grow at a CAGR of 11.40 percent over the period 2012-2016. One of the
key factors contributing to this market growth is the rapid growth of the
Global Smart Cities market. The Global Intelligent Transportation System market
has also been witnessing an increasing number of government initiatives
promoting intelligent transportation systems. However, the high maintenance
cost required for proper implementation of intelligent transportation systems
could pose a challenge to the growth of this market.
To Read The Complete Report with TOC :-
TechNavio's report, the Global Intelligent Transportation System
Market 2012-2016, has been prepared based on an in-depth market analysis with
inputs from industry experts. The report covers the market in the Americas, and
the EMEA and APAC regions; it also covers the Global Intelligent Transportation
System market landscape and its growth prospects in the coming years. The
report also includes a discussion of the key vendors operating in this market.
The key vendors dominating this space include Denso Corp., Efkon
AG, Kapsch TrafficCom AG, and TransCore Inc.
The other vendors mentioned in this report are Addco LLC, Agero
Inc., Garmin International Inc., Innovation In Traffic Transportation Systems
AG, Lanner Electronics Inc., Ricardo plc, Savari Inc., Sensys Networks Inc.,
Sigtec Pty Ltd., Swarco AG, Telenav Inc., Thales Group, TomTom NV, Traffic Tech
Middle East, and Traficon N V.
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Key questions answered in this report:
·
What
will the market size be in 2016 and what will be the growth rate?
·
What
are 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 key vendors?
·
What
are the strengths and weaknesses of each of these key vendors?
Contact
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