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Intelligent Transportation Systems Global Market Report 2024 – Market Poised to Reach $52.23 Billion by 2028

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DUBLIN, Feb. 13, 2024 /PRNewswire/ — The “Intelligent Transportation Systems Global Market Report 2024” has been added to ResearchAndMarkets.com’s offering.

The latest market insights reveal that the Intelligent Transportation Systems (ITS) industry is on a robust upward trajectory, with anticipated growth from $35.52 billion in 2024 to $52.23 billion by 2028. This surge reflects a compound annual growth rate (CAGR) of 10.1%, propelled by advancements in connected vehicles, smart infrastructure investments, and the integration of Mobility-as-a-Service (MaaS).

Key Market Drivers and Innovations

The escalation of road fatalities and the imperative need for efficient traffic management are prime factors driving the market. Innovations within ITS technologies, including IoT, advanced driver assistance systems (ADAS), and Artificial Intelligence (AI), are significantly contributing to the enhancement of transportation safety and efficiency.

Dynamic Advancements Shaping the ITS Landscape

The ITS industry continues to evolve, with key trends like the adoption of smart parking solutions, increased focus on cybersecurity, and the application of augmented reality in navigation, greatly influencing market growth.

The remarkable advancements in 5G connectivity and blockchain technology further bolster the ITS market’s potential.

Connected Vehicles: The integration of communication systems in vehicles enhances road safety and traffic management.Data Analytics and Traffic Forecasting: Leveraging big data for predictive traffic models optimizes traffic flow and reduces congestion.Smart Mobility Solutions: New urban air mobility solutions and Mobility-as-a-Service (MaaS) platforms are being developed to improve last-mile connectivity.Public-Private Partnerships: Collaborations are paramount for innovation and expansion in ITS sector.Advanced Traffic Management: ITS plays a crucial role in streamlining traffic operations through innovative management systems.

Strategic Collaborations and Market Expansion

The report highlights how strategic partnerships and acquisitions among key players are shaping the market’s competitive landscape. For instance, the recent partnership between Vix Technology and myBus outlines the industry’s focus on delivering end-to-end ITS solutions through collaboration.

Regional Market Insights

North America has been identified as the leading region in ITS market adoption for 2023, with Asia-Pacific projected to experience the fastest growth in the coming years. These insights indicate the diverse adoption of ITS solutions across the globe, with varying regional dynamics and growth potential.

Comprehensive Market Evaluation

The report provides an exhaustive analysis of the global ITS market, including sectorial performance, regional market shares, and projections for future industry developments. It serves as a valuable compass for understanding current trends and future market directions in intelligent transportation.

The Intelligent Transportation Systems market is advancing at an impressive pace, with technological innovations and strategic industry maneuvers contributing to the market’s growth and diversification. 

Companies Profiled

DensoEFKONGarmin Ltd.Thales GroupKapsch TrafficComLanner Electronic Inc.Siemens AktiengesellschaftCubic CorporationTomTom InternationalIndra SistemasQ-Free ASAIteris Inc.Hitachi Ltd.Nuance Communications Inc.Teledyne FLIRIBMAdvantech Co. Ltd.TransCore Holdings Inc.Savari Inc.AddcoRicardoXeroxTraffic Tech Inc.Alstom SACisco Systems Inc.Intel CorporationOmnitracs LLCPanasonic CorporationQualcomm Technologies Inc.Trimble Inc.

For more information about this report visit https://www.researchandmarkets.com/r/1vialn

About ResearchAndMarkets.com

ResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

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Arab Jordan Investment Bank (AJIB) Wins Global Finance’s “Best Investment Bank” and “Best Sub-Custodian Bank” Awards in Jordan for 2026

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AMMAN, Jordan, Oct. 20, 2026 /PRNewswire/ — Arab Jordan Investment Bank (AJIB) has been recognized by Global Finance Magazine with two prestigious awards for 2026: Best Investment Bank in Jordan and Best Sub-Custodian Bank in Jordan, underscoring the Bank’s leadership across investment banking and securities services and reaffirming its commitment to innovation, client-centricity, and delivering world-class financial solutions.

The awards reflect AJIB’s strong performance and growing leadership across investment banking and securities services, reaffirming its ability to provide comprehensive solutions that meet the evolving needs of corporate, institutional, and individual clients. For more than four decades, AJIB as Jordan’s first investment bank, has played a pioneering part in the development of the Kingdom’s financial sector and capital, consistently evolving its capabilities to meet changing market demands. The recognition also highlights the Bank’s ongoing efforts to enhance its product offerings, strengthen operational capabilities, and deliver exceptional customer experience.

Commenting on the achievement, Mr. Hani Al-Qadi, Chairman of the Board of Directors, said: “We are proud to receive Global Finance’s Best Investment Bank and Best Sub-Custodian Bank awards for Jordan. These recognitions reflect the strength of our strategy, the dedication of our team, and the trust placed in us by our clients. As an institution with a longstanding legacy in Jordan’s financial sector, we remain committed to innovation, excellence, and creating sustainable value for our clients, shareholders, and the broader economy.”

AJIB continues to strengthen its position in investment banking through a comprehensive suite of corporate finance advisory, debt and equity capital raising, structured finance, mergers and acquisitions advisory, and tailored investment solutions to support clients’ strategic ambitions and growth objectives. At the same time, the Bank continues to enhance its custody and securities services, providing institutional investors with secure, efficient, and reliable access to Amman Stock Exchange through robust operational and technological infrastructure and best-practice governance and risk management frameworks.

About AJIB:

Founded in 1978 as the first investment bank in the Hashemite Kingdom of Jordan, Arab Jordan Investment Bank (AJIB) has evolved into one of the country’s leading financial institutions, providing a comprehensive range of corporate, commercial, investment, and private banking services. Through its presence in Jordan, Cyprus, Qatar, and the United Kingdom, AJIB serves individuals, corporations, and institutional clients with innovative financial solutions tailored to meet their evolving needs. The Bank also strengthens its market offering through United Arab Jordan Company for Investment & Financial Brokerage and Al Kawthar Leasing Company, reinforcing its position as a diversified financial services group committed to excellence, innovation, and sustainable growth.

 

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AliExpress and YouTube Announce Global Strategic Affiliate Partnership

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HANGZHOU, CHINA, Oct. 20, 2026 /PRNewswire/ — AliExpress, the leading global e-commerce marketplace, today announces a global strategic affiliate partnership with YouTube. The partnership brings AliExpress’s global product selection into YouTube’s creator ecosystem, giving eligible creators access to a wide range of products to feature in their content, along with new commission-earning opportunities.

Following the launch of the collaboration in South Korea in March 2026, the partnership will expand to four markets: the United States, Brazil, the United Kingdom and Germany. Further expansion will take place in phases, in line with the rollout of YouTube’s affiliate program in new markets.

With YouTube’s recent extension of its Shopping Affiliate Program to eligible creators in Germany and the United Kingdom, the partnership will connect participating creators not only in Europe but also eventually in more parts of the world with AliExpress’s extensive product offerings. A particular focus is Brand+ — a dedicated selection of branded products from international and local brands.

Creators will be able to discover and select AliExpress products directly within YouTube Studio. The integration connects AliExpress products with YouTube’s three major content formats—long-form videos, Shorts, and livestreams—allowing creators to tag shoppable product recommendations across key moments of audience discovery and engagement.

A creator could, for example, tag a consumer electronics product in an unboxing Short or during a face-to-face livestream conversation with viewers. This gives them more ways to monetize their recommendations on qualifying sales, and allows viewers to conveniently purchase as they watch.

Creators can explore AliExpress’s products across categories such as consumer electronics, sports and outdoor, home and living, and lifestyle. Using data on bestselling and trending products, they can handpick items that resonate with their audiences. Viewers can link directly from YouTube to AliExpress to complete their purchases, bridging content and commerce seamlessly.

As content plays a growing role in product discovery, creators increasingly help audiences understand products through demonstrations, reviews and real-life use cases. The partnership advances AliExpress’s creator commerce strategy by pairing the breadth of its marketplace with the local insight and creative voices of creators in each market.

“Content and commerce are converging globally, and this partnership connects AliExpress’s affiliate ecosystem with YouTube’s creator ecosystem,” said Eric Zhang, Vice President of AliExpress. “By enabling eligible products to be discovered and tagged across videos, Shorts, and livestreams, we are creating a simpler path for products to be featured through creator content at scale—and a more direct journey for consumers from product discovery to purchase.”

Eligible YouTube creators in participating markets who meet YouTube’s channel and Shopping affiliate requirements can apply through YouTube Studio.

About AliExpress

Launched in 2010, AliExpress is a global e-commerce platform dedicated to creating a better shopping experience for hundreds of millions of consumers in more than 200 countries and regions. In addition to the English version, the AliExpress platform is available in 15 other languages. AliExpress offers a wide range of diverse shopping collections, including Brand+, which connects global consumers with modern tech, feature-rich products, and fair pricing. AliExpress is part of Alibaba International Digital Commerce Group.

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Dott announces choice of home member state in relation to its bonds admitted to trading on Nasdaq Stockholm

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AMSTERDAM, Oct. 20, 2026 /PRNewswire/ — Tier Mobility SE (“Dott”, or the “Company”), a European stock corporation (Societas Europaea) incorporated under the laws of the Federal Republic of Germany and registered in the commercial registry of the local court (De. Amtsgericht) of Berlin-Charlottenburg under registration number HRB 236551 B, hereby announces that as of 20 October 2026, the Company has chosen Sweden as its home Member State pursuant to the Directive 2004/109/EC of the European Parliament and of the Council of 15 December 2004 on the harmonization of transparency requirements in relation to information about issuers whose securities are admitted to trading on a regulated market and the Swedish Securities Market Act (2007:528) in relation to information about issuers whose securities are admitted to trading on a regulated market.

This information is information that Tier Mobility SE is obliged to make public pursuant to the EU Market Abuse Regulation.

investor-relations@ridedott.com

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