Intelligent Transport System Market Outlook with Ongoing Trends, Top Players Profile Analysis and Forecast 2018-2027

Rockville, MD -- (SBWIRE) -- 02/22/2018 -- A new research report titled as "Intelligent Transport System Market Forecast, Trend Analysis & Competition Tracking - Global Review 2018 to 2027" would be added to the vast portfolio of Fact.MR online research offerings in coming month. An intelligent transport system is a technology applied to transport and infrastructure to transfer information between systems to improve safety, productivity, and environment-friendly transportation. This includes standalone applications such as systems for traffic management, information and warning systems installed in vehicles, as well as cooperative intelligent transport system applications providing vehicles with IT infrastructure communication and vehicles-to-vehicle communication. An intelligent transport technology typically applies to management systems like, traffic control systems, automatic recognition of number plates, weather information, CCTV cameras and car navigation. The governments of various regions are spending on transportation infrastructure, which is expected to be a good opportunity for vendors associated with the market for intelligent transport systems to extract business, especially from emerging economies.