Public transport ITS market in Europe and North America to reach €3.9bn turnover by 2026, says Berg Insight

Gothenburg, Sweden. 29 September 2022 – Berg Insight, a Sweden-based Internet of Things (IoT) market research provider, has released new findings about the market for Intelligent Transport Systems (ITS). The estimated market value for ITS deployed in public transport operations in Europe was €2.12 billion in 2021. Growing at a compound annual growth rate (CAGR)

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The public transport ITS sector shows healthy growth according to Berg Insight

In July 2015, the M2M/IoT research firm Berg Insight will publish its latest market research report on Intelligent Transport Systems (ITS) in public transport, which provides a detailed view of the market for connected systems deployed for public transportation operations in Europe.

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Public transport ITS market in Europe expected to reach €1.5 billion by 2016

According to a new research report from the analyst firm Berg Insight, the market value for Intelligent Transport Systems (ITS) deployed in public transport operations in Europe was €0.76 billion in 2011.

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