The rising rate of accidents in the U.S., Latin America, and other countries, has led to a big upsurge in the demand for intelligent transportation systems (ITS). According to Grand View Research the ITS market is expected to be worth $51 billion by 2025, which will not only reduce travel time and waiting times at signals, but also help lower carbon footprints and, of course, reduce the rates of road accidents. The investment involved may be large, but researchers note that the benefit-to-cost ratio is high. Moreover, new regulations to…
Read MoreRising Road Accident Rates in the U.S. and Latin America Require Intelligent Transport Systems
