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Intelligent Transportation System Market is Booming Worldwide Scrutinized in New Research

  Market Overview   Market Research Future (MRFR) reveals multiple causes that are likely to support the Intelligent Transportation System Market 2021 in the years to come. The expansion of intelligent transportation system market is likely at 9.31% CAGR in the analysis period 2021 to 2030. By 2030, the intelligent transportation system market is expected to garner USD 42.67 Bn. A comprehensive analysis for intelligent transportation system market dynamics in COVID 19 is elaborated in the report. The gradual adoption of intelligent transportation system across the information and communications technology sector can prompt the expansion of the Intelligent Transportation System (ITS) Market in the years to come.  The rise in number of cars and other types of transportation has triggered the need for advanced commute solutions. The increase in the need for effective traffic management by increasing value of time can contribute to the ITS market rise. The introduction of ...
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Project Portfolio Management Software Market Size Development Strategy, Emerging Technologies, Trends and Forecast by 2027 | COVID-19 Effects

 Market Analysis 

The global Project Portfolio Management Software Market Size will touch 5.9 billion at a 6.3% CAGR in the forecast period (2020- 2027), states the latest Market Research Future (MRFR) report.

 

Drivers 

Growing Adoption of Cloud-Based Services to Boost Market Growth 

The growing adoption of cloud-based services for the remote monitoring of assignments may boost the market growth over the forecast period.

 

Opportunities 

Increasing Need for Monitoring and Collaboration Tools to offer Robust Opportunities 

The increasing need for monitoring and collaboration tools will offer robust opportunities for the market over the forecast period.

 

Restraints 

Privacy and Security Issues to act as Market Restraint 

Privacy and security issues in case of cloud deployment are the key challenges that companies face while executing PPM solutions. This may act as a market restraint over the forecast period.

 

Challenges 

Cost and Complexity Issues to act 

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