According to the U.S. Department of Transportation:
DSRC (Dedicated Short Range Communications) is a two-way short- to- medium-range wireless communications capability that permits very high data transmission critical in communications-based active safety applications. In Report and Order FCC-03-324, the Federal Communications Commission (FCC) allocated 75 MHz of spectrum in the 5.9 GHz band for use by Intelligent Transportations Systems (ITS) vehicle safety and mobility applications.
DSRC is a component of the Intelligent Transportation Systems (ITS) radio service.