The global market predicts demand for traffic control solutions, intelligent vehicles connected with cutting-edge technology, and improved safety measures. Modern business models for Intelligent Transportation Systems (ITS) offers mobility, safety, and environmental applications as the three primary categories of ITS applications. The contemporary business models discussed in this chapter are product and services, intelligent infrastructure, customer relationships, finances, and ITS partner’s credibility. ITS are a collection of cutting-edge information and communication technologies used in transportation and traffic management systems to improve transportation networks’ safety, efficiency, and sustainability, reduce traffic congestion, and improve driver experience.


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    Title :

    Intelligent Transportation System: Modern Business Models


    Contributors:


    Publication date :

    2022-08-09


    Size :

    11 pages




    Type of media :

    Article/Chapter (Book)


    Type of material :

    Electronic Resource


    Language :

    English




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