The Public Transport ITS Market in Europe and North America to Reach € 2.8 Billion by 2020

December 22, 2016 - IoT Business News
URL 5 Min

Berg Insight, the world’s leading M2M/IoT market research provider, today released new findings about the market for Intelligent Transport Systems (ITS). The market value for ITS deployed in public transport operations in Europe was € 1.35 billion in 2015. Growing at a compound annual growth rate (CAGR) of 7.2 percent, this number is expected to reach € 1.91 billion by 2020.

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