Press release
Innovative Report on Traffic Management Market Projected 50.7 billion USD by 2023 at CAGR 11.7% with top key players like Accenture PLC, IBM Corporation, Garmin Ltd., Siemens AG and Cubic Corporation
Increasing public-private partnerships along with development in traffic management solutions to achieve congestion reduction and traffic management goals are also expected to increase the demand for traffic management solutions.
Increasing smart city projects and rapid deployment of intelligent and smart transportation systems in developing countries also expected increase the demand for traffic management systems and services. High growing cost and restrictions on public sector budgets are major challenging factors for traffic management systems and services.
Traffic management systems offer ongoing information and capacity to examine and react promptly.
Based on solutions, the traffic management market can be classified as
1. Extra low voltage (ELV) solutions
2. Intersection controllers
3. Full pedestrian solutions
4. LED signal retrofit solutions
5. Parking space
6. Ticketing management solutions
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The major vendors covered in the traffic management market include
Accenture PLC (Accenture), Cellint (Cellint), Cisco Systems, Inc. (Cisco), Ciitilog (Citilog), Cubic Corporation (Cubic), EFKON INDIA PRIVATE LIMITED (EFKON),Esri (Esri),FLIR Systems, Inc. (FLIR),Garmin Ltd. (Garmin), IBM Corporation (IBM), Indra Sistemas, S.A. (Indra), Industrial Management Technology & Contracting LLC (IMTAC), IntelliVision (IntelliVision), Iteris, Inc (Iteris),Jenoptik AG (Jenoptik), Kapsch TrafficCom (Kapsch TrafficCom), Lanner Electronics Inc. (Lanner Electronics), LG CNS (LG CNS), Metro Infrasys Pvt. Ltd. (Metro Infrasys), PTV Planung Transport Verkehr Group (PTV Group), Q-Free A.S.A (Q-Free), Siemens AG (Siemens), SWARCO AG (SWARCO), and TransCore (TransCore).
Major Points Covered In this Report
1. Traffic Management Market Overview
2. Economic Impact on Traffic Management Industry
3. Traffic Management Market Competition
4. Traffic Management Production, Revenue by Region
5. Traffic Management Supply Consumption, Export, Import by Regions
6. Traffic Management Production, Revenue, Price Trend by Type
7. Traffic Management Market Analysis by Application
8. Traffic Management Manufacturers Analysis
9. Traffic Management Manufacturing Cost Analysis
10. Industrial Chain, Sourcing Strategy and Downstream Buyers
11. Marketing Strategy Analysis, Distributors/Traders
12. Market Effect Factors Analysis
13. Global Traffic Management Market Forecast
14. Appendix
Key questions answered in this report
1. What will the market size in 2024?
2. How will market change over the forecast period?
3. What segment or region will drive market growth and why?
4. What are opportunities and challenges in market
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