Smart Traffic Management: Use Cases, Regional Analysis & Market Forecasts 2022-2027

The Smart Traffic Management report provides a detailed evaluation of the smart traffic management market, including the adoption of smart traffic management systems within both developing markets and established markets. In addition, this report covers market opportunities; providing strategic insights into the technologies and key drivers that are pushing the space forward, and the role of 15 leading smart traffic management vendors across the market.

The research suite also contains a detailed dataset; providing forecasts for 60 countries across a number of different metrics, including the number of smart intersections, number of smart parking spaces, emissions’ cost saving and congestion cost savings.

This research suite comprises of:

• Strategy & Forecasts (PDF)
• 5-year Market Sizing & Forecast Spreadsheet (Excel)
• 12 months access to harvest Online Data Platform

Key Market Statistics

Market size in 2022:

• $225.9bn

Market size in 2027:

• $331.3bn

2022 to 2027 CAGR:

• 7.97%

Key Features

Market Dynamics: A strategic analysis of the major drivers, challenges, and innovations shaping the adoption and development of smart traffic management technologies, including the following:

• Technological innovations that are enhancing the value of smart traffic management
• Future strategic direction and market outlook for smart traffic management
• Key issues cities and transportation agencies must address before implementing smart traffic management systems

Regional Analysis: An analysis of the market status and factors driving or restricting growth, as well as providing detailed insight into the prospects for smart traffic management adoption across our 8 key regions, and 12 country-level markets. This covers the state of smart traffic management adoption, regulatory concerns and the future outlook for each market.

The Competitor Leaderboard: Key player capability and capacity assessment for 15 smart traffic management vendors:

• Cleverciti
• Commsignia
• Cubic Corporation
• Econolite
• Efkon GmbH
• Iteris
• Kapsch TrafficCom
• Miovision
• Nedap
• Q-Free
• Rapid Flow Technologies
• Sensys Networks
• Smart Parking
• Telegra
• Verra Mobility

Benchmark Industry Forecasts: Forecasts for smart traffic management, including total number of smart intersections, total annual spend on smart intersection hardware and software, total number of smart parking spaces, total annual spend on smart parking hardware and software, total annual spend on smart traffic management hardware and software, total congestion cost savings, total emissions cost savings. This includes sizing for markets up to 2027; split by our 8 key regions and by the 60 countries listed below:

• Algeria
• Argentina
• Australia
• Austria
• Bangladesh
• Belgium
• Brazil
• Canada
• Chile
• China
• Colombia
• Croatia
• Czech Republic
• Denmark
• Ecuador
• Egypt
• Finland
• France
• Germany
• Greece
• Hong Kong
• Hungary
• India
• Indonesia
• Ireland
• Israel
• Italy
• Japan
• Kenya
• Kuwait
• Malaysia
• Mexico
• Nepal
• Netherlands
• New Zealand
• Nigeria
• Norway
• Pakistan
• Peru
• Philippines
• Poland
• Portugal
• Qatar
• Romania
• Russia
• Saudi Arabia
• Singapore
• South Africa
• South Korea
• Spain
• Sweden
• Switzerland
• Thailand
• Turkey
• UK
• Ukraine
• United Arab Emirates
• Uruguay
• US
• Vietnam

Key Questions Answered

• What are the biggest opportunities for smart traffic management vendors and suppliers?
• What are the major factors driving the adoption of smart traffic management systems by cities?
• What technologies are key to successfully deploying smart traffic management systems?
• Who are the key vendors and players in the smart traffic management space?
• What is the future outlook for the smart traffic management space?

The Smart Traffic Management forecast suite includes:

Metrics including smart traffic management forecasts, including total number of smart intersections, total annual spend on smart intersection hardware and software, total number of smart parking spaces, total annual spend on smart parking hardware and software, total annual spend on smart traffic management hardware and software, total congestion cost savings, total emissions’ cost savings.

Geographical splits: 60 countries

Harvest: Our online data platform, harvest, contains the very latest market data and is updated throughout the year. This is a fully featured platform enabling clients to better understand key data trends and manipulate charts and tables, overlaying different forecasts within the one chart - using the comparison tool. Empower your business with our market intelligence centre, and get alerted whenever your data is updated.

Interactive Excels (IFxl): Our IFxl tool enables clients to manipulate both forecast data and charts, within an Excel environment, to test their own assumptions using the Interactive Scenario Tool and compare selected markets side by side in customised charts and tables. IFxls greatly increase a clients’ ability to both understand a particular market and to integrate their own views into the model.