Skip to main content

ITS market in the US to top $1.4 billion in 2010

IMS Research, which has just released a report that it says identifies the key market opportunities for ITS product development in each of the 50 individual states and major cities across the US, predicts states will spend a combined US$1.4 billion on ITS during 2010.
January 31, 2012 Read time: 2 mins

591 IMS Research, which has just released a report that it says identifies the key market opportunities for ITS product development in each of the 50 individual states and major cities across the US, predicts states will spend a combined US$1.4 billion on ITS during 2010.

While the largest statewide spends, and deployment of ITS, can be found in California and Florida, more interesting perhaps are the 26 states starting to deploy ITS on a larger scale, each budgeted to spend between $10-$100 million over the same period.

With such a large amount of spending, a more focused approach is required to unpick where major opportunities lie, according to report author and research director Paul Everett. “With a total spend of close to $170 million and more than 1,200 video surveillance cameras, and 400 digital message signs deployed on its major freeways, at first glance the state of Florida looks full of opportunity,” he says. “However, our research into individual counties showed that ITS in the state of Florida is in fact driven by seven major cities: Miami, Orlando, Jacksonville, Tampa, Fort Lauderdale, Naples and Fort Myers.”

The deployment of ITS across the US will be ongoing. Southern states currently lead the way in terms of deployment with close to 5,000 video surveillance cameras, 40,000 road sensors and 1,500 DMS in operation. However, according to IMS, when you relate deployment with penetration, what you actually find is often a different story. Despite having close to 5,000 video surveillance cameras deployed in the region, largest penetration is in fact in the North-East where 2,740 video cameras relate to a penetration of 4.9 per cent.

Everett continues, “When you take this regional data and look state by state, the information becomes even more intriguing. With 1,651 cameras deployed, the state of Texas is the largest in terms of an installed base. However, in terms of penetration, Texas is eclipsed by Utah where 669 cameras equate to a penetration of 17.4 per cent.”

For more information on companies in this article

Related Content

  • e-Call emergency service doesn't go far enough
    January 30, 2012
    eCall misses the point and is only a tacit acknowledgement that the road safety issue has not yet been adequately addressed, according to FEMA's Aline Delhaye. According to the Federation of European Motorcyclists' Associations (FEMA), the European Commission's (EC's) ambitions for eCall implementation are premature and fail to take account of all road users' needs or of technological progress elsewhere.
  • Europe’s city drivers ‘spending up to US$27 an hour on owning a car’
    January 20, 2016
    Recent research carried out by Opinion Matters for Zipcar among 2,500 car owner/drivers in London, Barcelona, Paris and Madrid, who drive regularly within these cities indicates that drivers are spending up to US$27 an hour owning a car. The research, which was based specifically on city drivers that own a car worth up to US$21,000 at time of purchase tallied up typical car costs such as road tax, maintenance, insurance, petrol and parking, as well as taking into account depreciation over the year. It
  • Ramp metering delivers - again
    January 27, 2012
    Though still controversial, ramp metering, which has been around for nearly 50 years, continues to deliver substantial benefits, and generally for relatively small cost. Kansas City is a case in point. In March 2010, Kansas City Scout, a partnership between the Missouri and Kansas Departments of Transportation to provide ITS for the greater Kansas City Area, activated the first ramp metering system in the region. The project is located on an 8.85km (5.5 mile) section of Interstate 435 from Metcalf Avenue to
  • USDOT expands real-time travel information with US$2.6 million in grants
    February 25, 2015
    The US Department of Transportation's Federal Highway Administration (FHWA) has announced $2.571 million in grants to expand the use of real-time travel information in 13 highly congested urban areas across ten states. Known as integrated corridor management, or ICM, the grants will help selected cities or regions combine numerous information technologies and real-time travel information from highway, rail and transit operations. Such tools can help engineers make better decisions about congestion managemen