DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Global Roadways & Railways Intelligent Transport Systems Market (2016 - 2022)" report to their offering.
The market size of global Roadways & Railways Intelligent Transport Systems market is estimated to be USD 21,313.8 Million in 2015 and is expected to attain a market size of USD 22,179.4 Million in 2016. The market is expected to grow at a CAGR of 6.0% during the forecast period (2016 - 2022). In 2015, North America dominated the global ITS market.
The region generated revenue of USD 10,550.3 Million in 2015. LAMEA on the other hand is expected to register a highest CAGR of 9.9% during the forecast period (2016-2022). The Europe region is expected to grow at a CAGR of 5.3% during the forecast period. The Asia Pacific region would witness a growth of 9.0% CAGR from time period 2016 - 2022.
The developing regions have many impediments to growth, and road traffic jams have and will be a major problem causing massive delays, increased fuel wastage and monetary losses. The fast changing regional landscape has led to poorly planned road networks. Due to unplanned road networks, small critical areas become the hot-spots for congestion and ineffective and poor traffic management around these hotspots potentially results in extended traffic jams.
- Cisco Systems, Inc.
- Computer Science Corporation
- IBM Corporation
- Intel Corporation
- Microsoft Corporation
- Oracle Corporation
- Siemens AG
- ZTE Corporation
1. Market Scope and Research Methodology
2. Executive Summary
3. Market Overview
4. Global Intelligent Transport Systems Market - By Mode of Transport
5. Global Roadways Intelligent Transport Systems (ITS) Market
6. Global Railways Intelligent Transport Systems (ITS )Market
7. Global Roadways & Railways Intelligent Transport Systems Market - By Geography
8. Company Profiles
For more information about this report visit http://www.researchandmarkets.com/research/nttvnr/global_roadways