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
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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.
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?
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