ITS America releases new market data study

The Intelligent Transportation Society of America (ITS America) has released a report detailing US revenue estimates of eight ITS service packages, as defined by the National ITS Architecture and an analysis of the opportunities and challenges currently facing the ITS industry. The report, entitled The US Intelligent Transportation Systems Market: Revenues of Service, Opportunities and Challenges, is an update to the August 2011 report Sizing the US and North American Intelligent Transportation System Marke

January 16, 2013 Read time: 1 min

The Intelligent Transportation Society of America (560 ITS America) has released a report detailing US revenue estimates of eight ITS service packages, as defined by the National ITS Architecture and an analysis of the opportunities and challenges currently facing the ITS industry.

The report, entitled The US Intelligent Transportation Systems Market: Revenues of Service, Opportunities and Challenges, is an update to the August 2011 report Sizing the US and North American Intelligent Transportation System Market: Market Data Study of ITS Revenues and Employment. Following up on the results from the previous study, this new report offers a detailed breakdown of the granular market data that has been desired by the ITS professional community.

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ITS America

ITS industry in the US has grown to $48 billion and will expand

ITS America has released what it says is the most comprehensive study to date on the scope of the ITS industry in the United States and North America. Researchers found intelligent transportation to be a fast growing sector valued at approximately US$48 billion. Results indicate that cities and states with drastically reduced budgets are turning to technology solutions to maximize existing highway capacity.