Fourth, the Finnish ITS market characteristics are
qualitatively explained from several perspectives, yet
basing the explanations on the quantifiable parameters of
the companies belonging to the ITS cluster. We will assess
characteristics like completeness of the industry
value chain, concentration ratios (how scattered or concentrated
the cluster is), and employment effects. Finally,
we will provide an estimate of the ITS market in relation
to GDP in Finland and point out how significant the industry
is now and what is its prospective importance in
the future economy