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An overview of Technology Advancements, Regional Initiatives, Regulatory Framework, and Investment Trends in Intelligent Transport Systems
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Digitization across governments and society has led to the rise in demand for real-time data to help managers and citizens make more informed decisions. Cities rely on a massive network of hardware and software technologies to gather data about weather, traffic and related events efficiently and effectively. As transportation increasingly becomes more connected, this research service provides a study on the key technologies that are radically optimizing traffic by interconnecting vehicles, people and the infrastructure. The enabling technologies include,I. Computational Technologies II. Communication Technologies andIII. Sensing Technologies In brief this research provides the following: A brief snapshot on the capabilities of Information and communication technology (ICT) for transforming transportation systems The drivers and challenges of existing transportation systems Disruptive ICT innovations for effective transportation enabling end-user safety and cost efficient traffic management Key participants delivering intelligent automation solutions for different industries Key initiatives and adoption of intelligent transportation across various geographic regions Regulation, standardization and compliance efforts/ initiatives that are being developed to propel holistic development on ITS Roadmap and Key milestones to achieve in the near, medium and long term to accomplish key developmental goals on ITS
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