omkar abhang

Intelligent Transportation System Market: Industry Outlook, Growth Prospects and Key Opportunities

Press Release   •   Jan 11, 2018 02:29 EST

Intelligent transport systems (ITS) are currently considered as the key emerging technology to improve road safety, traffic efficiency and driving experience. IoT is transforming the transportation sector with the generation of ITS that helps to optimize logistics and fleet management, goods and services, traffic management driver assistance, etc. ITS helps in automating railways, roadways, airways and marine vessels. It also helps in tracking and delivery of goods. All such advantages are causing a stir in the transportation industry thereby spelling a bright future for the IoT in intelligent transportation system, worldwide.

Browse the Report @

https://www.transparencymarketresearch.com/iot-in-intelligent-transportation-systems-market.html

IoT in intelligent transportation system is being leveraged for smart parking solutions, traffic management solutions, passenger entertainment, fleet management and telematics solutions, security solutions,traffic control, electronic toll collection, and management of networking solutions.

IoT in advanced transportation management system uses Wireless communications, Global Positioning System, Dedicated-Short Range Communications, Mobile Telephony, Roadside Camera Recognition, Sensing technologies, ITS Involved Entities, ITS Threats Analysis technologies to reduce traffic problems and sudden incidents

Request Sample @

https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=27206

Demand for fleet management solutions to improve freight services is also bolstering the IoT in intelligent transportation system, globally. The solution help in managing commercial vehicles by tracking them, reducing fuel consumption, and keeping a tab on drivers. Sharp drop in price of sensors and related electronic componants is predicted to have a positive impact on the industry too, in the upcoming years.

Existing security schema are based on expensive cryptographic overheads and are not able to efficiently handle a large amount of secure messages, without impacting the system’s critical latency and, thus, the safety of ITS applications. 

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We have an experienced team of Analysts, Researchers, and Consultants, who us e proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR Syndicated Research report covers a different sector – such as pharmaceuticals, chemical, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, our syndicated reports thrive to provide clients to serve their overall research requirement.

Contact

Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com