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Data Bridge Market Research analyses that the intelligent transportation system (ITS) market, valued at USD 28.25 billion in 2022, will reach USD 59.12 billion by 2030, growing at a CAGR of 9.67% during the forecast period of 2023 to 2030.
The global industry was valued at $13.8 billion in 2024, and is projected to reach $23.1 billion by 2034, growing at a CAGR of 5.3% from 2025 to 2034.
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