TOKYO — A joint government-industry forecast predicting cumulative intelligent transport system (ITS) sales of US$470 billion by 2015 is too high, according to industry analysts. The amount, they note, is likely to be at least one-third less, or at most US$352 billion over a 20-year period from 1996, when the Vehicle Road and Traffic Intelligence Society made its initial forecast. That forecast is now under review. “Only if everything goes right will demand reach US$470 billion,” warns ...
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