Latest Study on Traffic management Market 2019 and Brief Analysis of Top Companies- Cisco Swarco, Siemens, IBM, Kapsch Trafficcom, LG CNS, Indra Sistemas, Cubic

Key Companies Analyzed in Traffic management Market Report are: - Cisco Swarco, Siemens, IBM, Kapsch Trafficcom, LG CNS, Indra Sistemas, Cubic, Accenture, Iteris, Cellint, Metro Infrasys, GTT, Jenoptik, Flir

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Global traffic management market is valued approximately USD 25.4 billion in 2017 is anticipated to grow with a healthy growth rate of more than 13.5% over the forecast period 2018-2025. Hyper-urbanization in developing countries and rising need for real-time information systems across the globe is expected to drive the global traffic management market.

According to technocrats in 2016, 6-7 % of the Indian vehicles has GPS based car tracking. Furthermore, by 2020 the graph is expected to rise to 70 – 80 %. Moreover, around 24.9 % of individuals of united states uses GPS in their vehicle in 2016 and it is expected to reach 27.5% by 2020. Thus, increasing demand of real- time information system in vehicles such as GPS, increasing greenhouse gas emission and several other factors are collectively driving the growth of the market over the forecast period.

On the basis of Solution:

Smart Signaling
Route Guidance and Optimization
Traffic Analytics
Smart Surveillance
Video Management Software
Video Analytics

On the basis of Hardware:

Display Boards
Sensors
Vehicle Detection Sensors
Pedestrian Presence Sensors
Speed Sensors
Surveillance Cameras
Others

On the basis of Service:

Consulting
Deployment and Integration
Support and Maintenance

On the basis of System:

Urban Traffic Management and Control
Adaptive Traffic Control System
Journey Time Measurement System
Predictive Traffic Modeling System
Incident Detection and Location System
Dynamic Traffic Management System

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Moreover, the market is classified based on regions and countries as follows:

North America
S.
Canada
Europe
UK
Germany
Asia Pacific
China
India
Japan
Latin America
Brazil
Mexico
Rest of the World

Key Benefits of the Report:

*Global, regional, country, propulsion type, and application market size and their forecast from 2019-2025

*Identification and detailed analysis on key market dynamics, such as, drivers, restraints, opportunities, and challenges influencing growth of the market

*Detailed analysis on industry outlook with market specific Porter’s Five Forces analysis, PESTLE analysis, and Value Chain, to better understand the market and build expansion strategies

*Identification of key market players and comprehensively analyze their market share and core competencies, detailed financial positions, key products, and unique selling points

*Analysis on Key players strategic initiatives and competitive developments, such as joint ventures, mergers, and new product launches in the market

Target Audience:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

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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, such as, analyst reports of investment banks. The secondary research is the primary base of our study wherein we conducted extensive data mining, referring to verified data sources, such as, white papers, government and regulatory published articles, technical journals, trade magazines, and paid data sources.

For forecasting, regional demand & supply factors, recent investments, market dynamics including technical growth scenario, consumer behavior, and end use trends and dynamics, and production capacity were taken into consideration. Different weightages have been assigned to these parameters and quantified their market impacts using the weighted average analysis to derive the market growth rate.

The market estimates and forecasts have been verified through exhaustive primary research with the Key Industry Participants (KIPs), which typically include:

* Manufacturers

* Suppliers

* Distributors

* Government Body & Associations

* Research Institutes

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