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

  • US ITS systems approach critical decision time
    February 6, 2012
    Connie Sorrell, chair of the ITS America Annual Meeting and Exposition, explains why ITS in America is approaching a critical crossroads
  • US ITS systems approach critical decision time
    February 3, 2012
    Connie Sorrell, chair of the ITS America Annual Meeting and Exposition, explains why ITS in America is approaching a critical crossroads. Connie Sorrell, as Chief of Systems Operations for the Virginia Department of Transportation, doesn't normally speak in hyperbole, but she can't help but be enthusiastic about this year's ITS America's annual meeting in the nation's capitol, 1-3 June, 2009. Certainly, as Chair of the 2009 ITS America Annual Meeting and Exposition, like everyone who has performed this impo
  • Use of ITS technology grows more prevalent in safety applications
    January 30, 2012
    Transportation agencies and governments are using ITS technology to protect critical infrastructure from terrorist attack and other threats to economic security and public safety. Andrew Bardin Williams reports. It is no secret that we live in a potentially dangerous world. Terrorism as seen on 9/11 in the United States, subsequent attacks in London, Moscow and Madrid and other acts of violence across the developing world have made vigilance the watchword for ensuring security. Key infrastructure is now bei
  • Machine vision - cameras for intelligent traffic management
    January 25, 2012
    For some, machine vision is the coming technology. For others, it’s already here. Although it remains a relative newcomer to the ITS sector, its effects look set to be profound and far-reaching. Encapsulating in just a few short words the distinguishing features of complex technologies and their operating concepts can sometimes be difficult. Often, it is the most subtle of nuances which are both the most important and yet also the most easily lost. Happily, in the case of machine vision this isn’t the case: