Global Intelligent Transportation Systems Market 2011-2015:MarketResearchReports.biz
TechNavio's analysts forecast the Global Intelligent Transportation Systems market to grow at a CAGR of 10.48 percent over the period 2011-2015. One of the key factors contributing to this market growth is the need to reduce traffic congestion. The Global Intelligent Transportation Systems market has also been witnessing the increasing adoption of intelligent traffic security solutions. However, the high cost of maintenance could pose a challenge to the growth of this market.
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