World Intelligent Transportation System Technology Report 2022: Potential Opportunities with Increasing Smart City Global Initiatives, Data Monetization, & Interoperability
Dublin, Feb. 01, 2023 (GLOBE NEWSWIRE) -- The "Growth Opportunities in Intelligent Transportation System Technologies" report has been added to ResearchAndMarkets.com's offering.
Cities have grown in size and population exponentially over the years, and citizen demands have also evolved. Developed and developing economies are working toward implementing smart cities aimed at sustainable development to enhance citizen lives along with environmental and socioeconomic improvements.
Intelligent transportation systems (ITSs) are a significant component of urban planning and modernization projects. These systems integrate state-of-the-art communication, sensors, and digital technologies for advanced transportation safety and mobility. ITSs are integral to how cities plan their public service infrastructure.
Most importantly, several technologies, such as AI, 5G, and LiDAR, are coming together to enable applications and services that can impact how citizens travel and interact with parking, emergency, and other services provided to them by the city authorities.
Key questions this study will answer include:
What is the significance of ITS in today's smart city ecosystem?
What are the key technologies contributing to the growth of the ITS industry?
What are the convergence opportunities between communications, sensors, and information and communications technologies (ICT) in the ITS ecosystem?
Which companies are innovating in ITS technology?
What are the emerging growth opportunities in the ITS industry?
Key Topics Covered:
1. Strategic Imperatives
Why Is It Increasingly Difficult to Grow?
Factors Creating Pressure on Growth
The Strategic Imperative
The Impact of the Top 3 Strategic Imperatives on Intelligent Transportation Systems
Growth Opportunities Fuel the Growth Pipeline Engine
2. Growth Environment
Scope of the Technology and Innovation Research
Research Process and Methodology
3. Trend Analysis: Intelligent Transportation System (ITS)
Goals Behind Implementing ITS
Emerging Trends in the ITS Market
Correlation Between Implementing ITS Goals and Emerging ITS Market Trends
Key Trends for ITS Adoption
ITS Communication Types
Standards and Regulations Impacting the ITS Industry
Technologies Enabling and Managing ITS
4. Technology Assessment: ITS
Key Communication Technologies for Managing ITS Data
Positioning Systems Help in Vehicle and Passenger Navigation and Traffic Insight Generation
NFC Provides Secure Confidential Information Exchange
DSRC Creates Direct Communication Network with Vehicles and Infrastructure
5G Reduces Latency and Improves the Overall Responsiveness of ITS
Communication Technologies for Better Traffic Safety in NYC
Positioning Systems and 5G Have the Highest Impact on ITS Trends
LiDAR and Radio and Detection Ranging (Radar) Enhance ITS Solutions
Infrared Sensors Support Traffic Light Control and Management Systems
RFID Sensors Prevent Unauthorized Vehicle Access and Aid Hassle-free Vehicle eTolling
Nonintrusive Radar Sensor Aids Traffic Light and Transportation System Management
LiDAR Paves the Way for Generating Three-dimensional (3D) Images of the Environment to Create Better Traffic Visibility
Velodyne's Intelligent Infrastructure Solution (IIS) Improves oad Safety in Helsinki (Finland)
LiDAR and Radar Sensors Are Highly Impactful in Driving the Concept of ITS and the Smart City Mission
Technologies Enabling and Managing ITS
AI Imparts Decision-making Capabilities to ITS and Individual Intelligent Elements within It
Cloud to Become the Platform on Which Most ITS Services Deploy, Interact, and Collaborate
Big Data Analytics Enables Real-time Analysis of Operational Data and Historic and Predictive Analysis
The Kapsch Intelligent Corridor Is One of the Most Advanced Test Beds for ITS Technologies Globally
Digital Technologies Enabling Real-time, Automated Decision Making in ITS
5. Technology Convergence for New and Ideal ITS Market Case Scenarios
Smart Parking Allocation System to Reduce Congestion and Emissions
Belgrade's Smart Parking System
EVP Systems Employ Various Technologies to Help Emergency Services Respond Quicker
Transmax's EVP System in Australia
Intelligent Road Inspector and Weather Forecaster for Safe Road Navigation
Smart Vehicle Technology for Monitoring Hazardous Road Conditions
6. Companies to Action
Real-time Road Traffic Management System for Smart Cities
Centralized Platform for Traffic Detection and Control
Onboard Navigation Systems for Driver Assistance and Mapping Services
Smart V2I Communication for Efficient Transportation Applications
Above-ground Radar Sensor Enables Smooth Traffic Flow
Energy-efficient IoT Platform for Urban Mobility
7. Growth Opportunity Universe
Growth Opportunity 1: Interoperability
Growth Opportunity 2: Data Monetization
Growth Opportunity 3: Smart City Global Initiatives
8. Next Steps
For more information about this report visit https://www.researchandmarkets.com/r/urx655
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