Pike forecasts global investment in intelligent transportation systems will total $13.1B through 2017
Green Car Congress
DECEMBER 7, 2011
Forecast global spending on ITS. The concept of intelligent transportation systems (ITS) encompasses a wide range of systems and applications. billion by 2017. billion by 2017. Pike estimates annual spending on key ITS areas will increase from just under $770 million in 2011 to almost $3 billion in 2017.
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