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News: 2006 Archived News Items

"ITS Market Data & Forecast: Infrastructure ITS" Now Available

The Intelligent Transportation Society of America is pleased to announce the availability of "ITS Market Data & Forecast: Infrastructure ITS"- the first in a series of ITS market data and forecast reports published by ITS America, estimating the current size and two-year forecasts of the ITS market by region and for the entire U.S. specific to Infrastructure ITS.

Infrastructure ITS (as defined in this report) encompasses technologies that fall under pre-existing terminology such as Advanced Transportation Management Systems; closed circuit television (CCTV) cameras, vehicle detection equipment such as inductive loops, weather detection equipment and systems, roadside warning and information systems such as dynamic message signs, freeway and arterial applications of coordinated traffic signal systems, establishment and ongoing enhancements of traffic management centers, and roadside communication bandwidth, including wire line, fiber optic and wireless.

The data behind this analysis were gathered through a variety of sources, including an ambitious industry survey launched by ITS America in September 2005, expert interviews and reviews and an extensive review of publicly available resources by the authors of the report.

This report includes:

  • Summary of the investment in the Infrastructure ITS market for the U.S. as a whole, and on a regional basis
  • Estimates for FY2005 and Forecasts for FY2006, FY2007 and FY2008
  • In-depth analyses and forecasts of 25 individual state markets

Soon after its establishment, the Business Leadership Council of ITS America identified the pressing need for a reliable and authoritative source of U.S. ITS market data for the industry. Like any other young industry, we need both current market data and convincing forecasts in order to allocate limited resources in the most effective and productive way.

Commercially available market data reports do not cover the all segments of the ITS industry and current forecasts show great disparity in numbers. ITS America, through the Business Leadership Council, decided to lead the industry towards fulfilling these needs and becoming the ITS industry's market data clearinghouse. This will be accomplished through the development of a comprehensive series of reports covering the current ITS market, and forecasts through 2008.

The report series should serve as an independent ITS industry benchmark against which organizations can gauge the success and expected performance of their projects. By reducing uncertainty, the project should result in more efficient allocation of limited resources by both the private and public sectors.

The 120-page report can be ordered through ITS America. Members of ITS America can receive a significant discount off the regular price of the report. For more information, visit http://www.itsa.org/marketdata.html  to order your copy today or call 800-374-8472 ext. 4205. To download a copy of the order form, click here [PDF documents PDF].

For questions about the report:
William Gouse

800-374-8472 ext. 4212

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