U.S. Intelligent Transportation Market to Reach $1.4 Billion in 2010

January 28, 2023

The IMS Research, a well-known foreign investigation agency, recently stated that in 2010, the US spent $1.4 billion on intelligent transportation systems. The largest U.S. states are most willing to spend and deploy intelligent transportation are California and Florida. What's more interesting is that the budget for intelligent transportation in the 26 U.S. states will be around 1 to 1 billion U.S. dollars during the same period.

The greater focus of such a large expenditure is on how to grasp the opportunity when it comes to the front. Paul Everett, the author and researcher of the report, said, “The total spending bonus is 170 million U.S. dollars. More than 1200 video surveillance cameras and 400 digital information signals are deployed on the highway. At first glance, Florida looks full of opportunities. However, our research shows that The intelligent transportation system in Florida is actually made up of seven major cities: Orlando, Jacksonville, Miami, Tampa Bay, Fort Lauderdale, Naples, and Fort Myers."

The U.S. ITS system is still being deployed. Currently, nearly 5,000 video surveillance cameras, 40,000 road sensors, and 1,500 database management systems are in operation in the southern United States. However, when engineers deploy and install, they often find that they are not the same thing. Although nearly 5,000 video surveillance cameras were deployed in the region, 2,740 of them have actually occupied the northeast in this largest region, with a coverage rate of 4.9%.

“When you take the data from this area and look at the state and state, the information in the middle becomes more complicated. With 1651 cameras, Texas became the world’s largest generator and equipment base. In terms of coverage, Utah’s 669 cameras accounted for only 17.4% of Texas,” comments Everett.

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