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Traffic Management Market: A Global and Regional Analysis, 2023-2033

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    Report

  • 160 Pages
  • January 2024
  • Region: Global
  • BIS Research
  • ID: 5931113
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The global traffic management market has experienced robust growth in recent years, propelled by various factors highlighting its transformative potential across diverse industries. The growing need for effective transportation systems, increased urbanization, and rising traffic congestion are all contributing to the robust expansion of the global traffic management market. Market progress has been further aided by the incorporation of cutting-edge technologies like artificial intelligence, IoT, and smart sensors in traffic management solutions. Across the globe, governments are funding smart city projects and placing a strong emphasis on intelligent traffic control to improve urban mobility as a whole. But obstacles to market expansion include things like expensive implementation costs, interoperability problems, and data protection difficulties. Despite these obstacles, industry cooperation and technical improvements are anticipated to be supported by the continued demand for creative traffic management solutions.

The global traffic management market is poised to witness significant growth during the forecast period, driven by increasing urbanization, increasing traffic congestion, and growing demand about efficient transportation systems.

Integrating advanced technologies such as artificial intelligence, IoT and real-time data analytics into traffic management solutions is expected to improve overall system efficiency.

Additionally, increased adoption of smart transportation infrastructure, government initiatives to reduce traffic congestion, and increased demand for smart transportation systems are key factors contributing to wide market.

As cities continue to expand and modernize their transportation networks, the global traffic management market is expected to witness sustained growth, meeting the challenges associated with the Explosive movement in urban areas.

Market Segmentation

Segmentation 1: by Application

  • Urban
  • Inter-Urban
  • Rural

Segmentation 2: by System

  • Urban Traffic Management and Control System
  • Adaptive Traffic Control System
  • Journey Time Management System
  • Dynamic Traffic Management
  • Other Systems

Segmentation 3: by Region

  • North America
  • Europe
  • Asia-Pacific
  • Rest-of-the-World

Key Market Players and Competition Synopsis

The companies that are profiled have been selected based on inputs gathered from primary experts and analysing company coverage, product portfolio, and market penetration.

Some of the prominent names established in this market are:

  • Cisco Systems, Inc.
  • IBM Corporation
  • Kapsch Trafficcom
  • Siemens
  • Thales Group

Key Questions Answered in this Report:

  • What are the main factors driving the demand for global traffic management market?
  • What are the major patents filed by the companies active in the global traffic management market?
  • What are the strategies adopted by the key companies to gain a competitive edge in traffic management industry?
  • What is the futuristic outlook for traffic management in terms of growth potential?
  • Which application, system and component is expected to lead the market over the forecast period (2023-2033)?
  • Which region and country is expected to lead the market over the forecast period (2023-2033)?


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Table of Contents

Executive Summary
Scope and Definition
Market/Product Definition
Key Questions Answered
Analysis and Forecast Note
1 Markets: Industry Outlook
1.1 Trends: Current and Future Impact Assessment
1.1.1 Increased Traffic Congestion and Need for Road Safety Measures
1.1.2 Rising Demand for Real-Time Traffic Information from Drivers and Passengers
1.2 Supply Chain Overview
1.2.1 Value chain Analysis
1.2.2 Market Map
1.3 R&D Review
1.3.1 Patent Filing Trend by Country, by Company
1.4 Regulatory Landscape
1.5 Stakeholder Analysis
1.5.1 Use case
1.5.2 End User and buying criteria
1.6 Impact analysis for Key Global Events-covid19, Russia/Ukraine or Middle East crisis
1.7 Recent Developments by Key Players in Traffic Management Market
1.8 Market Dynamics Overview
1.8.1 Market Drivers
1.8.2 Market Restraints
1.8.3 Market Opportunities
2 Application
2.1 Application Segmentation
2.2 Application Summary
2.3 Global Traffic Management Market - by Application
2.3.1 Urban
2.3.2 Inter-Urban
2.3.3 Rural
3 Product
3.1 Product Segmentation
3.2 Product Summary
3.3 Global Traffic Management Market - by System
3.3.1 Urban Traffic Management and Control System
3.3.2 Adaptive Traffic Control System
3.3.3 Journey Time Management System
3.3.4 Dynamic Traffic Management
3.3.5 Other Systems
3.3 Global Traffic Management Market - by Component
3.3.1 Hardware
3.3.1.1 Display Boards
3.3.1.2 Sensors
3.3.1.3 Surveillance Cameras
3.3.1.4 Other Hardware
3.3.2 Solutions
3.3.2.1 Smart Signaling
3.3.2.2 Route Guidance & Route Optimization
3.3.2.3 Traffic Analytics
3.3.2.4 Other Solutions
3.3.3 Services
3.3.3.1 Consulting
3.3.3.2 Implementation
3.3.3.3 Support and Maintenance
4 Region
4.1 Regional Summary
Table: Global Traffic Management Market, By Region, ($ Million), 2022-2033
4.2 Drivers and Restraints
4.3 North America
4.3.1 Key Market Participants in North America
4.3.2 Business Drivers
4.3.3 Business Challenges
4.3.4 Application
Table: North America Traffic Management Market, by Application ($ Million), 2022-2033
4.3.5 Product
Table: North America Traffic Management Market, by System ($ Million), 2022-2033
Table: North America Traffic Management Market, by Component ($ Million), 2022-2033
4.3.6 North America Traffic Management Market (by Country)
4.3.6.1 U.S.
Table: U.S. Traffic Management Market, by Application ($ Million), 2022-2033
Table: U.S. Traffic Management Market, by System ($ Million), 2022-2033
Table: U.S. Traffic Management Market, by Component ($ Million), 2022-2033
4.3.6.2 Canada
Table: Canada Traffic Management Market, by Application ($ Million), 2022-2033
Table: Canada Traffic Management Market, by System ($ Million), 2022-2033
Table: Canada Traffic Management Market, by Component ($ Million), 2022-2033
4.3.6.3 Mexico
Table: Mexico Traffic Management Market, by Application ($ Million), 2022-2033
Table: Mexico Traffic Management Market, by System ($ Million), 2022-2033
Table: Mexico Traffic Management Market, by Component ($ Million), 2022-2033
4.4 Europe
4.4.1 Key Market Participants in Europe
4.4.2 Business Drivers
4.4.3 Business Challenges
4.4.4 Application
Table: Europe Traffic Management Market, by Application ($ Million), 2022-2033
4.4.5 Product
Table: Europe Traffic Management Market, by System ($ Million), 2022-2033
Table: Europe Traffic Management Market, by Component ($ Million), 2022-2033
4.4.6 Europe Traffic Management Market (by Country)
4.4.6.1 Germany
Table: Germany Traffic Management Market, by Application ($ Million), 2022-2033
Table: Germany Traffic Management Market, by System ($ Million), 2022-2033
Table: Germany Traffic Management Market, by Component ($ Million), 2022-2033
4.4.6.2 France
Table: France Traffic Management Market, by Application ($ Million), 2022-2033
Table: France Traffic Management Market, by System ($ Million), 2022-2033
Table: France Traffic Management Market, by Component ($ Million), 2022-2033
4.4.6.3 Italy
Table: Italy Traffic Management Market, by Application ($ Million), 2022-2033
Table: Italy Traffic Management Market, by System ($ Million), 2022-2033
Table: Italy Traffic Management Market, by Component ($ Million), 2022-2033
4.4.6.4 Spain
Table: Spain Traffic Management Market, by Application ($ Million), 2022-2033
Table: Spain Traffic Management Market, by System ($ Million), 2022-2033
Table: Spain Traffic Management Market, by Component ($ Million), 2022-2033
4.4.6.5 Rest-of-Europe
Table: Rest-of-Europe Traffic Management Market, by Application ($ Million), 2022-2033
Table: Rest-of-Europe Traffic Management Market, by System ($ Million), 2022-2033
Table: Rest-of-Europe Traffic Management Market, by Component ($ Million), 2022-2033
4.5 Asia-Pacific
4.5.1 Key Market Participants in Asia-Pacific
4.5.2 Business Drivers
4.5.3 Business Challenges
4.5.4 Application
Table: Asia-Pacific Traffic Management Market, by Application ($ Million), 2022-2033
4.5.5 Product
Table: Asia-Pacific Traffic Management Market, by System ($ Million), 2022-2033
Table: Asia-Pacific Traffic Management Market, by Component ($ Million), 2022-2033
4.5.6 Asia-Pacific Traffic Management Market (by Country)
4.5.6.1 China
Table: China Traffic Management Market, by Application ($ Million), 2022-2033
Table: China Traffic Management Market, by System ($ Million), 2022-2033
Table: China Traffic Management Market, by Component ($ Million), 2022-2033
4.5.6.2 Japan
Table: Japan Traffic Management Market, by Application ($ Million), 2022-2033
Table: Japan Traffic Management Market, by System ($ Million), 2022-2033
Table: Japan Traffic Management Market, by Component ($ Million), 2022-2033
4.5.6.3 India
Table: India Traffic Management Market, by Application ($ Million), 2022-2033
Table: India Traffic Management Market, by System ($ Million), 2022-2033
Table: India Traffic Management Market, by Component ($ Million), 2022-2033
4.5.6.4 Australia
Table: Australia Traffic Management Market, by Application ($ Million), 2022-2033
Table: Australia Traffic Management Market, by System ($ Million), 2022-2033
Table: Australia Traffic Management Market, by Component ($ Million), 2022-2033
4.5.6.5 Rest-of-Asia-Pacific
Table: Rest-of-Asia-Pacific Traffic Management Market, by Application ($ Million), 2022-2033
Table: Rest-of-Asia-Pacific Traffic Management Market, by System ($ Million), 2022-2033
Table: Rest-of-Asia-Pacific Traffic Management Market, by Component ($ Million), 2022-2033
4.6 Rest-of-the-World
4.6.1 Key Market Participants in Rest-of-the-World
4.6.2 Business Drivers
4.6.3 Business Challenges
4.6.4 Application
Table: Rest-of-the-World Traffic Management Market, by Application ($ Million), 2022-2033
4.6.5 Product
Table: Rest-of-the-World Traffic Management Market, by System ($ Million), 2022-2033
Table: Rest-of-the-World Traffic Management Market, by Component ($ Million), 2022-2033
4.6.6 Rest of the World Traffic Management Market (By Region)
4.6.6.1 The Middle East and Africa
Table: The Middle East and Africa Traffic Management Market, by Application ($ Million), 2022-2033
Table: The Middle East and Africa Traffic Management Market, by System ($ Million), 2022-2033
Table: The Middle East and Africa Traffic Management Market, by Component ($ Million), 2022-2033
4.6.6.2 South America
Table: South America Traffic Management Market, by Application ($ Million), 2022-2033
Table: South America Traffic Management Market, by System ($ Million), 2022-2033
Table: South America Traffic Management Market, by Component ($ Million), 2022-2033
5 Markets - Competitive Landscape & Company Profiles
5.1 Competitive Landscape
5.2 Company Profiles
5.2.1 Accenture PLC
5.2.1.1 Overview
5.2.1.2 Top Products / Product Portfolio
5.2.1.3 Top Competitors
5.2.1.4 Target Customers/End-Users
5.2.1.5 Key Personnel
5.2.1.6 Analyst View
5.2.1.7 Market Share
5.2.2 Atkins Group
5.2.2.1 Overview
5.2.2.2 Top Products / Product Portfolio
5.2.2.3 Top Competitors
5.2.2.4 Target Customers/End-Users
5.2.2.5 Key Personnel
5.2.2.6 Analyst View
5.2.2.7 Market Share
5.2.3 Cellint
5.2.3.1 Overview
5.2.3.2 Top Products / Product Portfolio
5.2.3.3 Top Competitors
5.2.3.4 Target Customers/End-Users
5.2.3.5 Key Personnel
5.2.3.6 Analyst View
5.2.3.7 Market Share
5.2.4 Cisco Systems, Inc.
5.2.4.1 Overview
5.2.4.2 Top Products / Product Portfolio
5.2.4.3 Top Competitors
5.2.4.4 Target Customers/End-Users
5.2.4.5 Key Personnel
5.2.4.6 Analyst View
5.2.4.7 Market Share
5.2.5 Citilog
5.2.5.1 Overview
5.2.5.2 Top Products / Product Portfolio
5.2.5.3 Top Competitors
5.2.5.4 Target Customers/End-Users
5.2.5.5 Key Personnel
5.2.5.6 Analyst View
5.2.5.7 Market Share
5.2.6 Cubic Corporation
5.2.6.1 Overview
5.2.6.2 Top Products / Product Portfolio
5.2.6.3 Top Competitors
5.2.6.4 Target Customers/End-Users
5.2.6.5 Key Personnel
5.2.6.6 Analyst View
5.2.6.7 Market Share
5.2.7 EFKON AG
5.2.7.1 Overview
5.2.7.2 Top Products / Product Portfolio
5.2.7.3 Top Competitors
5.2.7.4 Target Customers/End-Users
5.2.7.5 Key Personnel
5.2.7.6 Analyst View
5.2.7.7 Market Share
5.2.8 ESRI
5.2.8.1 Overview
5.2.8.2 Top Products / Product Portfolio
5.2.8.3 Top Competitors
5.2.8.4 Target Customers/End-Users
5.2.8.5 Key Personnel
5.2.8.6 Analyst View
5.2.8.7 Market Share
5.2.9 FLIR Systems
5.2.9.1 Overview
5.2.9.2 Top Products / Product Portfolio
5.2.9.3 Top Competitors
5.2.9.4 Target Customers/End-Users
5.2.9.5 Key Personnel
5.2.9.6 Analyst View
5.2.9.7 Market Share
5.2.10 Huawei
5.2.10.1 Overview
5.2.10.2 Top Products / Product Portfolio
5.2.10.3 Top Competitors
5.2.10.4 Target Customers/End-Users
5.2.10.5 Key Personnel
5.2.10.6 Analyst View
5.2.10.7 Market Share
5.2.11 IBM Corporation
5.2.11.1 Overview
5.2.11.2 Top Products / Product Portfolio
5.2.11.3 Top Competitors
5.2.11.4 Target Customers/End-Users
5.2.11.5 Key Personnel
5.2.11.6 Analyst View
5.2.11.7 Market Share
5.2.12 Inrix, Inc.
5.2.12.1 Overview
5.2.12.2 Top Products / Product Portfolio
5.2.12.3 Top Competitors
5.2.12.4 Target Customers/End-Users
5.2.12.5 Key Personnel
5.2.12.6 Analyst View
5.2.12.7 Market Share
5.2.13 Kapsch Trafficcom
5.2.13.1 Overview
5.2.13.2 Top Products / Product Portfolio
5.2.13.3 Top Competitors
5.2.13.4 Target Customers/End-Users
5.2.13.5 Key Personnel
5.2.13.6 Analyst View
5.2.13.7 Market Share
5.2.14 Siemens
5.2.14.1 Overview
5.2.14.2 Top Products / Product Portfolio
5.2.14.3 Top Competitors
5.2.14.4 Target Customers/End-Users
5.2.14.5 Key Personnel
5.2.14.6 Analyst View
5.2.14.7 Market Share
5.2.15 Thales Group
5.2.15.1 Overview
5.2.15.2 Top Products / Product Portfolio
5.2.15.3 Top Competitors
5.2.15.4 Target Customers/End-Users
5.2.15.5 Key Personnel
5.2.15.6 Analyst View
5.2.15.7 Market Share
5.3 Other Key Market Participants
6 Growth Opportunities & Recommendations7 Research Methodology

Companies Mentioned

  • Accenture PLC
  • Atkins Group
  • Cellint
  • Citilog
  • Cubic Corporation
  • EFKON AG
  • ESRI
  • Huawei
  • FLIR Systems
  • Inrix, Inc.
  • Cisco Systems, Inc.
  • IBM Corporation
  • Kapsch Trafficcom
  • Siemens
  • Thales Group

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