Emerging Markets in Latin America and Middle East Present New Opportunities in Smart Transportation
The global smart transportation market, valued at USD 136.05 billion in 2024, is projected to grow at a compound annual growth rate (CAGR) of 12.91% from 2025 to 2034, driven by rapid urbanization, the rise of connected and autonomous vehicles, and increasing investments in intelligent infrastructure. As cities worldwide grapple with congestion, pollution, and aging transportation networks,...
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