Section1 Effects of ITS and ITS Activities

The full-scale deployment of ITS will create an enormous ITS-related market, for the development of infrastructures, distribution of terminal equipment, and diversification of applications. The development of new types of business will also be stimulated.

The market size of ITS-related information and telecommunication industries is expected to total about 60 trillion yen for the period between FY 2000 and FY 2015. If its effect upon other industries is also considered, this figure is about 100 trillion yen. ITS may also create employment opportunities in ITS-related information and telecommunication industries for about 330,000 people in FY 2005 and about 1.07 million people in FY 2015. (Reference: February 22, 1999 report by the Telecommunication Technology Council)