Growing security concerns, surging traffic congestion issues coupled with an increase in the sale of vehicles in the country are some of the key reasons factors that are resulting in the overall growth of Intelligent Transportation Systems in the UAE. Further, with the increase in demand for smart vehicles and the internet of things, the market for Intelligent Transportation systems is expected to register healthy growth over the next six years. Advanced Transportation Management System, accounted for the major revenue share in the UAE market owing to an increase in installation in the traffic control system.According to 6Wresearch, the UAE Intelligent Transportation System market size is projected to grow at a CAGR of 9.2% during 2017-23. According to the 'UAE Vision 2021', launched by the government in 2010, the government would increase its investment across major areas, which would also drive the investments in the transportation sector. Moreover, the UAE government has planned to spend over $6.81 Billion on the Infrastructural related projects for Dubai Expo 2020, driving in a further increase in demand for traffic congestion control.
In the UAE region, the northern region held a major revenue share in the overall UAE intelligent transportation system market share on the back of increasing infrastructure development activities in the region. For Instance, a 27% surge in the infrastructural spending by UAE's government budget in 2017 would create a greater number of projects in the transportation sector. The northern region is expected to maintain its market share during the forecast period as well.
UAE Intelligent Transportation System market report thoroughly covers the UAE Intelligent Transportation System market by types, verticals, and regions. UAE Intelligent Transportation System market outlook report provides an unbiased and detailed analysis of the ongoing UAE Intelligent Transportation System market trends, opportunities high growth areas, market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics. UAE Intelligent Transportation System Market there are many steps is taken for the growing security concerns and several cases of the surging traffic congestion and their issues due to increasing in the sale of the vehicles in the country there are many key factors in overall growth in the UAE intelligent transportation system market. The healthy growth in upcoming years with the increase in the demand for multiply smart vehicles in the market of UAE intelligent transportation system. There is an advanced transportation management system that helps in generating major revenue in the UAE market and an increase in installation in the traffic control system.
Key Highlights of the Report:
• UAE Intelligent Transportation System Market Overview
• UAE Intelligent Transportation System Market Outlook
• UAE Intelligent Transportation System Market Forecast
• Historic data of UAE Global Intelligent Transportation Market for the Period 2014-2016.
• Market Size & Forecast of Global Intelligent Transportation Market until 2023
• UAE Intelligent Transportation System Market Size and UAE Intelligent Transportation System
Market Forecast Revenues until 2023
• Historic data of UAE Advanced Transportation Management System Market Revenues 2014-2016.
• Market Size & Forecast of UAE Advanced Transportation Management System Market Revenues until 2023
• Historic data of UAE Traveler Information Management System Market Revenues 2014-2016
• Market Size & Forecast of UAE Advanced Traveler Information System Market Revenues until 2023
• Historic data of UAE Advanced Public Transportation Market Revenues 2014-2016
• Market Size & Forecast of UAE Advanced Public Transportation System Market Revenues until 2023
• Historic data and Forecast of UAE Cooperative Vehicle System Market Revenues until 2023
• Historical data and Forecast of UAE Intelligent Transportation System Market Revenues, By Verticals
• Historical data and Forecast of UAE Intelligent Transportation System Market Revenues, By Regions
• UAE Intelligent Transportation System Market Trends
• UAE Intelligent Transportation System Market Drivers and Restraints
• UAE Intelligent Transportation System Market Share, By Players
• UAE Intelligent Transportation System Market Overview on Competitive Landscape
• Company Profiles
• Strategic Recommendations
Markets Covered
UAE Intelligent Transportation System market report provides a detailed analysis of the following market segments:
• By Types
o Advanced Transportation Management System
o Advanced Public Transportation System
o Advanced Traveler Information System
o Cooperative Vehicle System
o Others
• By Verticals
o Traffic Signal Control
o Parking Management
o Public Transport
o Telematics
o Traffic Monitoring
o Tolling
o Others
• By Regions
o Northern Region
o Southern Region
