Featured Vendor (July-August) - 2023

The surge in commercial fleets worldwide due to the large-scale e-commerce and manufacturing activities is encouraging many logistics players to deploy smart Logistics and transportation monitoring and management systems. In such a scenario, an intelligent transport system (ITS) is gaining popularity due to its ability to improve the performance of a transportation network and optimize fuel consumption while reducing the risk of road accidents. As the demand for ITS is increasing, its market value is expected to reach USD 30.65 billion by 2026 at a CAGR of 5.11 percent.

Government regulations and initiatives are the most important drivers for the growth and development of the ITS market. And with growing road safety concerns and increasing vehicle theft, governments across the world are mandating the installation of factory-fitted telematics and safety devices in vehicles. Systems like vehicle to vehicle (V2V) and vehicle to infrastructure (V2I) communication, which help in enhancing road safety, is expected to gain momentum over the next few years. These systems help reduce carbon dioxide concentration and greenhouse gases in densely populated areas through traffic management and consequently help in reducing exhaust emissions.

In this edition of Transportation Review, we bring you the story of some of the most successful intelligent transport systems solutions providers that deliver the best outcomes for their clients. This edition also offers thought leadership from subject matter experts with real-life stories on fostering robust partnerships and exclusive insights from CIOs and CXOs. We hope this edition will assist you in choosing the suitable intelligent transport systems solutions provider according to your requirements.

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