In depth study on Traffic Management Market 2019-2025 Industry Valued to be more than USD 25.8 Billion | by Key Players Seimens AG, Accenture, Cisco Systems, Garmin, IntelliVision

The Global Traffic Management Market was valued to be more than USD 25.8 billion in 2017, and is expected to grow at a CAGR of XX% by 2025. Rapid urbanization in developing countries along with supporting governmental initiatives for traffic management are the major growth factors of global market.

Adoption of traffic management solutions have increased due to the investments and development in smart city as well as smart transportation projects. These factors are propelling the market growth.

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Some of the key players operating in this market include IBM, Oracle, SAP, Autodesk, MCS Solutions, Accruent and Others.

Key Benefits of the Report:
• Global, Regional, Country, Solutions, and Organization Size Market Size and Forecast from 2014-2025
• Detailed market dynamics, industry outlook with market specific PESTEL, Value Chain, Supply Chain, and SWOT Analysis to better understand the market and build strategies
• Identification of key companies that can influence this market on a global and regional scale
• Expert interviews and their insights on market shift, current and future outlook and factors impacting vendors short term and long term strategies
• Detailed insights on emerging regions, Solutions & Organization Size, and competitive landscape with qualitative and quantitative information and facts

Target Audience:
• Traffic Management providers
• Traders, Importer and Exporter
• Raw material suppliers and distributors
• Research and consulting firms
• Government and research organizations
• Associations and industry bodies.

Global Traffic Management Industry 2019 Market Research Report is spread across 121 pages and provides exclusive vital statistics, data, information, trends and competitive landscape details in this niche sector.

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Research Methodology
The market is derived through extensive use of secondary, primary, in-house research followed by expert validation and third-party perspective like analyst report of investment banks. The secondary research forms the base of our study where we conducted extensive data mining, referring to verified data sources such as white papers government and regulatory published materials, technical journals, trade magazines, and paid data sources.

For forecasting, regional demand & supply factor, investment, market dynamics including technical scenario, consumer behavior, and end-use industry trends and dynamics, capacity production, spending were taken into consideration.

We have assigned weights to these parameters and quantified their market impacts using the weighted average analysis to derive the expected market growth rate.

The market estimates and forecasts have been verified through exhaustive primary research with the Key Industry Participants (KIPs) which typically include:
• Original Equipment Manufacturer,
• Organization Size Supplier,
• Distributors,
• Government Body & Associations, and
• Research Institute.

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Lack of managerial awareness and dependence on the in-house Traffic Management team may hinder the Traffic Management market growth. However, implementation of the digital twin technology for facility asset management can result in the growth of the market.

The facility operations and security management solution is likely to gain traction during the forecast period and grow significantly, as helps manage operation areas, such as facility lighting, HVAC, video surveillance, and others.

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