Role of DSRC Technology Market in Advancing Intelligent Transportation Systems
The DSRC technology market was valued at US$ 1.4 billion in 2022 It is projected to reach US$ 16.9 billion, growing at a compound annual growth rate (CAGR) of 36.2% during the forecast period from 2024 to 2031. The Dedicated Short-Range Communication (DSRC) technology market is growing rapidly. This growth is fueled by advancements in intelligent transportation systems (ITS) and the rising...
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