A new report from Transparency Market Research estimates that the global market for ITS, with demand coming from all countries worldwide, will grow with a double digit CAGR estimated around 12.4 per cent during 2012–2018. The application of ITS is not limited to just road transport, but has widespread applications across verticals such as military, rail, and air transport as well. Currently, the demand of ITS is mainly driven by the road transport sector, due to growing population and consequent sharp rise
Following the acquisition of Australian vehicle enforcement systems supplier, Aspect Traffic, leading traffic enforcement specialist Gatsometer has announced it is branching out into Australia.
VeriFone Systems has installed its open-architecture vehicle tracking TransitPAY system on more than 1,000 buses serving the Bronx, following the award of a US$8.5 million contract by the Metropolitan Transportation Authority (MTA) of New York. The Bronx contract award follows a similar contract in 2011 for the Staten Island fleet component of the MTA Bus Time system, which uses VeriFone on-board systems to generate location data that is communicated wirelessly to the Bus Time server that passengers can acc
