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by Miller@21 · December 20, 2018
The report聽“Radio Modem Market for ITS Application聽by Frequency Band (License Free, UHF, Wi-Fi, VHF) Cheap T-Shirts , Communication Channel (Point to Multi-Point, Point to Point), Operating Range (Short, Long), Application and Geography – Global Forecast to 2020″, The global radio modem market for ITS application is estimated at USD 105.1 Million in 2015 Cheap Hoodies , and is expected to grow at a CAGR of 8.9% from 2015 to 2020, to reach USD 160.8 Million.
intelligent transportation systems have been constantly evolving over the decades due to rapid technological advancements. ITS encompass a broad range of wireless and wireline communications-based information and electronics technologies. ITS technology-based systems are intended to facilitate the realization of optimized, efficient, smooth, and comfortable transport systems to improve traffic flow and reduce bottlenecks of traffic congestion. These systems integrate modern information and communication technology into existing transportation systems.
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Cost efficiency and reliability will drive the radio modem market growth
The demand for radio modems in ITS is increasing because radio modems require minimal infrastructure for facilitating communication and ensuring delivery of data, voice Cheap Jerseys Shop , and video in the most cost-effective and reliable manner. Radio modems are also useful in data communication within a large geographic area, where wired data communication is not viable due to high costs involved. Radio modems are also required to facilitate ITS for implementing wireless networks that are cost-effective and flexible.
Government and defense vertical contributes maximum market share
The government & defense vertical is expected to contribute the largest market share to the radio modem market. Banking, financial services and insurance (BFSI) sector is expected to grow with the highest rate from 2015 to 2020, in the radio modem market for ITS application. The market is also projected to witness growth in healthcare and IT & telecom sectors during the forecast period. The regulatory-driven activities and initiatives taken by the government of the U.S. and Canada have enabled the ITS market for advanced traffic management system applications in North America to be the highest r om/]Cheap Authentic Nike Shoes[/url] [url=http://www.wholesalejordanshoescheap.com/]Wholesale Youth Jorda