Global Traffic Management Systems Industry Market: Emerging Trends, Major Key Players Q-Free and Imtech

According to the report, The worldwide market for Traffic Management Systems is estimated to grow at a CAGR of roughly X.X% in the next 8 years, and will reach X.X million US$ in 2028, from X.X million US$ in 2020.

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The latest research report published by Evolve Business Intelligence examines the impacts of numerous market aspects on the global TRAFFIC MANAGEMENT SYSTEMS INDUSTRY industry including a look at the current market size and forecasts for key segments and regions, the driving forces behind the market, the probable effects from key trends, how all these will affect the business plan, SWOT analysis of critical sectors for each of the key competitors, customers and more! Providing valuable data about conglomerations that are most likely going to have an impact on this industry is essential to any company who plans to properly invest for next 5 years. These findings supplement our initial quantitative study in order to facilitate any new investments or planning traits against threats in existing sectors through a strategic business plan.

Impact of COVID-19

The on-going COVID-19 pandemic has had a significant impact on the industry. Several financial impacts and disruptions have been felt over a long period of time. Our research has interviewed numerous delegates from this industry, across geographical markets to collect information that is helpful for addressing potential challenges the COVID-19 pandemic may cause going forward.
In terms of COVID 19 impact, the Traffic Management Systems Industry market report also includes the following data points:
• Impact of COVID-19
• Government Aids and Policies for Industry Revival
• Companies Recent Developments to Tackle Negative Impact
• Opportunity Window & Post COVID Trend

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Key Players
Some of the major Traffic Management Systems Industry players holding highest market share include Q-Free, Imtech, Baokang Electronic, TomTom. These players use acquisition as a key strategy to gain significant market share to compete with market leaders.

The key players profiled in the report are:
• Q-Free
• Imtech
• Baokang Electronic
• TomTom
• Hisense TransTech
• Peek traffic
• Dahua Technology
• IBM
• THALES
• SICE
• Cubic
• Kyosan Electric
• Datang Telecom
• Siemens
• HIKVISION

Segmental Analysis

Market Segment By Types with focus on market share, consumption trend, and growth rate of TRAFFIC MANAGEMENT SYSTEMS INDUSTRY Market:
• Integrated urban traffic control system
• Freeway management system
• Electronic toll collection (etc)
• Advanced public transportation system
• Other systems

Market Segment By Applications with focus on market share, consumption trend, and growth rate of TRAFFIC MANAGEMENT SYSTEMS INDUSTRY Market:
• Urban Traffic
• Inter-Urban
• Parking Management
• Info-mobility
• Public Transport
• Freeway
• Consultancy & Planning

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Global Traffic Management Systems Industry Geographic Coverage:
• North America
o US
o Canada

• Europe
o UK
o Germany
o France
o Italy
o Spain
o Rest of Europe

• Asia Pacific
o China
o Japan
o India
o South Korea
o Indonesia
o Malaysia
o Rest of Asia Pacific

• Latin America
o Mexico
o Brazil
o Argentina
o Rest of Latin America

• Middle East & Africa
o Saudi Arabia
o UAE
o Egypt
o South Africa
o Rest of MEA

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