Press release
Global Traffic Management Market to reach a market size of $72.7 billion by 2023 – KBV Research
According to a new report Global Traffic Management Market (2017-2023), published by KBV Research, the global Traffic Management Market is expected to attain a market size of $72.7 billion by 2023, growing at a CAGR of 21.6% during the forecast period.The Software market dominated the Global Traffic Management Market by Type in 2016, and would continue to be a dominant market till 2023; growing at a CAGR of 20.7 % during the forecast period. The Hardware market is expected to witness a CAGR of 21.3% during (2017 – 2023). Additionally, The Services market is expected to witness a CAGR of 23.5% during (2017 – 2023).
The Urban Traffic Management & Control market dominated the Global Traffic Management Market by System in 2016, and would continue to be a dominant market till 2023;, growing at a CAGR of 20.4 % during the forecast period. The Predictive Traffic Modeling System market is expected to witness a CAGR of 23% during (2017 – 2023). Additionally, The Dynamic Traffic Management System would attain a market value of $9,274.7 million during the forecast period.
The Europe market dominated the Global Traffic Management Consulting Services Market by Region in 2016, and would continue to be a dominant market till 2023; growing at a CAGR of 22 % during the forecast period. The North America market is expected to witness a CAGR of 21.7% during (2017 – 2023). Additionally, The Asia Pacific market is expected to witness a CAGR of 24.4% during (2017 – 2023).
The report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key influencing factors of the global Traffic Management have been discussed in the report along with the elaborated company profiles of International Business Machines Corporation (IBM), Cisco System, Inc., LG Corporation (LG CNS Co. Ltd.), Swarco AG, Siemens AG, Kapsch (Kapsch Trafficcom AG), Q-Free ASA, and Accenture Plc.
Full Report: http://kbvresearch.com/global-traffic-management-market/
Global Traffic Management Market Segmentation
Global Traffic Management Market By Type
Software
Smart Signalling
Route Guidance
Traffic Analytics
Smart Surveillance
Hardware
Display Boards
Sensors
Surveillance Cameras
Others
Services
Implementation
Consulting & Training
Support & Maintenance
Global Traffic Management Market By System
Urban Traffic Management & Control
Adaptive Traffic Control System
Journey Time Measurement System
Predictive Traffic Modelling System
Incident Detection & Location System
Dynamic Traffic Management System
Global Traffic Management Market By Geography
North America Traffic Management Market
US Traffic Management Market
Canada Traffic Management Market
Mexico Traffic Management Market
Rest of North America Traffic Management Market
Europe Traffic Management Market
Germany Traffic Management Market
UK Traffic Management Market
France Traffic Management Market
Russia Traffic Management Market
Spain Traffic Management Market
Italy Traffic Management Market
Rest of Europe Traffic Management Market
Asia Pacific Traffic Management Market
China Traffic Management Market
Japan Traffic Management Market
India Traffic Management Market
South Korea Traffic Management Market
Singapore Traffic Management Market
Australia Traffic Management Market
Rest of Asia-Pacific Traffic Management Market
LAMEA Traffic Management Market
Brazil Traffic Management Market
Argentina Traffic Management Market
UAE Traffic Management Market
Saudi Arabia Traffic Management Market
South Africa Traffic Management Market
Nigeria Traffic Management Market
Rest of LAMEA Traffic Management Market
Companies Profiled
International Business Machines Corporation (IBM)
Cisco System, Inc.
Swarco AG
LG Corporation (LG CNS Co. Ltd.)
Siemens AG
Kapsch (Kapsch Trafficcom AG)
Q-Free ASA
Accenture PLC
Unique Offerings from KBV Research
Exhaustive coverage of Global Traffic Management Market
Highest number of market tables and figures
Subscription based model available
Free of cost quarterly updates
Guaranteed best price
Assured post sales research support with 10% customization free
Related Reports:
North America Traffic Management Market
Europe Traffic Management Market
Asia Pacific Traffic Management Market
LAMEA Traffic Management Market
KVB research is Knowledge Based Value Research, which is a global brand and consulting firm serving all kinds of business verticals, government and non-governmental organizations, and not-for-profit organizations.
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New York, N.Y. 10001
United States (U.S)
Tel: +1 (646) 661-6066
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Website: https://kbvresearch.com
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