Automatic vehicle location

Intelligent Transportation System (ITS) Market to Reach $98.02 Billion, Globally, by 2032 at 7.5% CAGR: Allied Market Research

Retrieved on: 
Friday, December 1, 2023

WILMINGTON, Del., Dec. 1, 2023 /PRNewswire/ -- Allied Market Research published a report, titled, "Intelligent Transportation System (ITS) Market by Component (Hardware, Software, and Services), Application (Traffic Management, Freight Management, Advanced Traveler Information System, Advanced Public Transportation System, Security and Surveillance, Ticketing and Tolling System, and Others), and End User (Roadways, Railways, Waterways, and Airways): Global Opportunity Analysis and Industry Forecast, 2023-2032". According to the report, the global intelligent transportation system industry size generated $48.36 billion in 2022 and is anticipated to generate $98.02 billion by 2032, witnessing a CAGR of 7.5% from 2023 to 2032.

Key Points: 
  • Based on application, the other segment held the highest market share in 2022, accounting for one-fourth of the global intelligent transportation system (ITS) market and is projected to manifest the highest CAGR of 9.1% from 2023 to 2032 owing to the need for customized solutions for efficient, intelligent transportation systems.
  • By region, Asia-Pacific held the highest market share in terms of revenue in 2022, accounting for one-third of the global intelligent transportation system (ITS) market revenue and is expected to witness the fastest CAGR of 8.5% from 2023 to 2032.
  • The strong economic growth in the region resulted in increased demand for Intelligent Transportation Systems (ITS) to effectively manage the growing transportation sector.
  • Key Developments in the Intelligent Transportation Industry:
    Leading companies are employing various strategies, including acquisition, agreement, expansion, partnership, contracts, and product launches, to fortify their market positions.

Intelligent Transportation System (ITS) Market to Reach $98.02 Billion, Globally, by 2032 at 7.5% CAGR: Allied Market Research

Retrieved on: 
Friday, December 1, 2023

WILMINGTON, Del., Dec. 1, 2023 /PRNewswire/ -- Allied Market Research published a report, titled, "Intelligent Transportation System (ITS) Market by Component (Hardware, Software, and Services), Application (Traffic Management, Freight Management, Advanced Traveler Information System, Advanced Public Transportation System, Security and Surveillance, Ticketing and Tolling System, and Others), and End User (Roadways, Railways, Waterways, and Airways): Global Opportunity Analysis and Industry Forecast, 2023-2032". According to the report, the global intelligent transportation system industry size generated $48.36 billion in 2022 and is anticipated to generate $98.02 billion by 2032, witnessing a CAGR of 7.5% from 2023 to 2032.

Key Points: 
  • Based on application, the other segment held the highest market share in 2022, accounting for one-fourth of the global intelligent transportation system (ITS) market and is projected to manifest the highest CAGR of 9.1% from 2023 to 2032 owing to the need for customized solutions for efficient, intelligent transportation systems.
  • By region, Asia-Pacific held the highest market share in terms of revenue in 2022, accounting for one-third of the global intelligent transportation system (ITS) market revenue and is expected to witness the fastest CAGR of 8.5% from 2023 to 2032.
  • The strong economic growth in the region resulted in increased demand for Intelligent Transportation Systems (ITS) to effectively manage the growing transportation sector.
  • Key Developments in the Intelligent Transportation Industry:
    Leading companies are employing various strategies, including acquisition, agreement, expansion, partnership, contracts, and product launches, to fortify their market positions.

NEC to Pioneer Intelligent Transportation System in India's UPSRTC Buses

Retrieved on: 
Wednesday, August 9, 2023

TOKYO, Aug 9, 2023 - (JCN Newswire) - NEC Corporation (NEC) today announced that NEC India has been selected as the master system integrator by Uttar Pradesh State Road Transport Corporation (UPSRTC) for the Vehicle Location Tracking-Passenger Information System (VLT-PSIS) project under the Nirbhaya fund of the Government of India.

Key Points: 
  • TOKYO, Aug 9, 2023 - (JCN Newswire) - NEC Corporation (NEC) today announced that NEC India has been selected as the master system integrator by Uttar Pradesh State Road Transport Corporation (UPSRTC) for the Vehicle Location Tracking-Passenger Information System (VLT-PSIS) project under the Nirbhaya fund of the Government of India.
  • This ambitious project aims to address the crucial safety concerns in buses while elevating the overall travel experience of passengers through the implementation of advanced cutting-edge technologies.
  • Notably, the project will pioneer a groundbreaking initiative in Uttar Pradesh, one of the most populous states of India, by introducing live tracking of buses through an Integrated Command Control Centre (ICCC).
  • Alongside the implementation of a well-equipped state-of-the-art ICCC solution at UPSRTC headquarters in Lucknow, 20 regional viewing centers will also be established in regional headquarters of the UPSRTC.

atNorth Opens Sixth Data Center in the Nordics as Expansion Continues

Retrieved on: 
Monday, June 12, 2023

REYKJAVÍK, Iceland, June 12, 2023 /PRNewswire/ -- atNorth, the leading Nordic colocation, high-performance computing, and artificial intelligence service provider, has formally announced that their third Iceland data center, ICE03, is now fully operational with an initial capacity of 10 MW, following a swift 11 month build. This brings their total number of operational data centers up to six, with one additional site, FIN02, in Finland under construction.

Key Points: 
  • This brings their total number of operational data centers up to six, with one additional site, FIN02, in Finland under construction.
  • This is  an ideal location for data centers, largely due to its access to a highly skilled workforce and cool climate, which is crucial for cost-effective cooling of data center infrastructure.
  • By diversifying the location of its data centers, atNorth reinforces its commitment to ensuring the highest level of data protection and business continuity for its clients.
  • "We are delighted to be expanding our presence in the Nordics once again with a third site in Iceland" said Eyjólfur Magnús Kristinsson , CEO, atNorth.

atNorth Opens Sixth Data Center in the Nordics as Expansion Continues

Retrieved on: 
Monday, June 12, 2023

REYKJAVÍK, Iceland, June 12, 2023 /PRNewswire/ -- atNorth, the leading Nordic colocation, high-performance computing, and artificial intelligence service provider, has formally announced that their third Iceland data center, ICE03, is now fully operational with an initial capacity of 10 MW, following a swift 11 month build. This brings their total number of operational data centers up to six, with one additional site, FIN02, in Finland under construction.

Key Points: 
  • This brings their total number of operational data centers up to six, with one additional site, FIN02, in Finland under construction.
  • This is  an ideal location for data centers, largely due to its access to a highly skilled workforce and cool climate, which is crucial for cost-effective cooling of data center infrastructure.
  • By diversifying the location of its data centers, atNorth reinforces its commitment to ensuring the highest level of data protection and business continuity for its clients.
  • "We are delighted to be expanding our presence in the Nordics once again with a third site in Iceland" said Eyjólfur Magnús Kristinsson , CEO, atNorth.

Polaris Off-Road 2023 Lineup Highlighted by Rider-Inspired Updates, Dynamic New Trims & Industry-First Connected Vehicle Features

Retrieved on: 
Tuesday, August 2, 2022

The 2023 model year lineup is the latest example of our teams ongoing commitment to answer the call from our riders.

Key Points: 
  • The 2023 model year lineup is the latest example of our teams ongoing commitment to answer the call from our riders.
  • RIDE COMMAND+ will launch standard on all 2023 RANGER XP Kinetic models and all 2023 RANGER XP 1000 NorthStar Trail Boss Edition models.
  • To activate RIDE COMMAND+, riders must download and login to the Polaris app and add the connected vehicle to their digital garage.
  • Outlaw 70 EFI Limited Edition: Starting at $2,399 ($2,899 CAN)
    The 2023 Polaris Youth lineup will begin shipping to dealers this winter.

SYSTECH Showcased CAREU UW1, UA1 Trackers and Intelli FleetWeb Software

Retrieved on: 
Monday, April 4, 2022

SYSTECH cooperated with Kouei Group Japanese as the main logistics solution provider for Taiwan Based Company.

Key Points: 
  • SYSTECH cooperated with Kouei Group Japanese as the main logistics solution provider for Taiwan Based Company.
  • SYSTECH Designs manufactures and produces its Automatic Vehicle Locating Tracker; we also developed our Fleet Management Software which is a customizable, White Label and Integration Service throughout APIs.
  • View the full release here: https://www.businesswire.com/news/home/20220320005063/en/
    Manage Your All Fleets in One Platform: With GPS tracking, reporting and monitoring, SYSTECH Intelli FleetWeb ensures your fleet is equipped to handle all of your fleet management needs.
  • (Graphic: Business Wire)
    For this year's IT week in Japan, SYSTECH specially showcased its unique CAREU UW1,UA1 trackers and Intelli FleetWeb fleet management platform software.

ADESA First in Industry to Fully Deploy Automated Vehicle Tracking Solution Across North America

Retrieved on: 
Tuesday, December 7, 2021

"We are thrilled to be the first wholesale marketplace to fully roll out geo-locating devices to our entire network of North American vehicle logistics centers with the help of CoreKinect," said Srisu Subrahmanyam, chief operating officer at ADESA.

Key Points: 
  • "We are thrilled to be the first wholesale marketplace to fully roll out geo-locating devices to our entire network of North American vehicle logistics centers with the help of CoreKinect," said Srisu Subrahmanyam, chief operating officer at ADESA.
  • Affixed to each vehicle upon arrival at ADESA, the IoT devices can be accessed through the Vehicle Locator functionality of the ADESA marketplace app.
  • The app shares comprehensive vehicle information, pinpoint location services accurate to a single parking spot, and real-time visibility.
  • Through CoreKinect's partnership with Comcast's MachineQ , the geo-locating device technology and end-to-end solution for inventory management was successfully deployed across ADESA at an industry-leading pace.

Law Enforcement Software Market Will Grow by $437.24 Million by 2024 | Technavio

Retrieved on: 
Tuesday, October 27, 2020

Technavio has been monitoring the law enforcement software market, operating under the information technology industry.

Key Points: 
  • Technavio has been monitoring the law enforcement software market, operating under the information technology industry.
  • The latest report on the law enforcement software market, 2020-2024 estimates it to register an incremental growth of USD 437.24 million, at a CAGR of over 5% during the forecast period.
  • There is an increasing demand for police dispatch software, prison management software, and automatic vehicle location (AVL) software to simplify and improve communication among law enforcement professionals.
  • Download a Free Sample Report on COVID-19 Impacts
    Law Enforcement Software Market 2020-2024: Segmentation
    Law Enforcement Software Market is segmented as below:

Smart Transportation Market worth $156.5 billion by 2025 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Monday, August 3, 2020

Smart transportation is becoming popular, given the technology's ability to ease congestion and improve road safety by effective monitoring and management of vehicular traffic.

Key Points: 
  • Smart transportation is becoming popular, given the technology's ability to ease congestion and improve road safety by effective monitoring and management of vehicular traffic.
  • With the growing adoption of intelligent mobility solutions across major cities across the globe, the Smart Transportation Market in the roadways transportation mode has been growing in recent years.
  • A smart passenger information system includes GPS-enabled devices, strong wireless networks, and Computer-Aided Dispatch/Automatic Vehicle Location (CAD/AVL) software.
  • With the growth of various smart technologies and other transport systems, the smart ticketing in aviation is also witnessing various developments globally.