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The global intelligent transportation system (ITS) market is projected to reach USD 98.2 billion by 2032, growing at a compound annual growth rate (CAGR) of 7.5% from 2023 to 2032, according to Allied Market Research.
The Next Generation Mobile Networks (NGMN) Alliance - which drives and guides the development of all future mobile broadband technology with a focus on 5G - published its V2X (cellular vehicle to everything) white paper containing the findings of two years of work by a task force of best in class industry specialists from across the world.