Tuesday, June 26, 2012

Report: intelligent transport has grown to $48 billion despite economy

The Intelligent Transportation Society of America (ITS America) today released the most comprehensive study to date on the scope of the intelligent transportation systems (ITS) industry in the United States and North America. Researchers found intelligent transportation to be a fast growing sector valued at approximately $48 billion, slightly larger than the direct mail industry. Results indicate that cities and states with drastically reduced budgets are turning to technology solutions to maximize existing highway capacity.

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