Intelligent Traffic Management Market Size, Share, Analysis, Growth, Trends, Drivers, Opportunity And Forecast 2030

Intelligent Traffic Management Market Overview

Maximize Market Research is a Business Consultancy Firm that has published a detailed analysis of the "Intelligent Traffic Management Market". The report includes key business insights, demand analysis, pricing analysis, and competitive landscape. The analysis in the report provides an in-depth aspect at the current status of the Intelligent Traffic Management market, with forecasts outspreading to the year 2030.

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Intelligent Traffic Management Market Scope and Methodology:

The research report is the result of extensive primary and secondary research on the Intelligent Traffic Management market. It provides a comprehensive overview of the market's current and future goals, as well as competitive analysis of industry and regional trends. The dashboard also provides an overview of the past and current performance of major companies. The study uses various methods and analysis to ensure accurate and comprehensive information about the Intelligent Traffic Management market. Primary sources include extensive interviews with key opinion leaders and industry experts (such as experienced frontline employees, managers, CEOs and marketing directors), distributors and end users. Secondary sources include researching annual and financial reports of major companies, public filings, new journals.
The Intelligent Traffic Management market size, estimates and forecasts are provided based on revenue (million US$), for the base year 2023, and historical and forecast data for the period 2023-2030. For a deeper understanding of the market, the report offers profiles of the competitive landscape, key competitors and their market values. The report also covers technology trends and new product development. The report helps Intelligent Traffic Management companies, new entrants, and industrial chain companies operating in the market by providing information on revenue, sales volume, and average price across the market.

Market Dynamics:

Smart Cities Are Setting the Standard for Advanced Intelligent Traffic Management Systems.

The worldwide smart city market is quickly expanding. It is predicted to increase from $410.8 billion in 2020 to more than $820 billion by 2025. Smart cities make decisions based on big data, and the automotive IoT revolution enables the collection and sharing of such data. Transportation is an important factor impacting metropolitan areas and a key use case for smart cities. Intelligent Traffic Management Markets, which commonly use a traffic management centre to monitor and coordinate a large network of sensors, are looking for novel ways to alleviate traffic congestion and boost urban mobility.

Intelligent Traffic Management Market Geographical Evaluation:

In a regional analysis, the Intelligent Traffic Management market is segmented into North America, South America, Europe, the Middle East and Africa, and Asia Pacific. These regions are classified in respective countries such as the United States, Canada, Mexico, United Kingdom, Germany, France, Spain, Italy, Rest of Europe, China, India, Japan, Australia and South Korea.

Intelligent Traffic Management Market Classifications:

by Product Type
Integrated Urban Traffic Control System
Variable / Dynamic Message Signs
Emergency Response Systems
Border Control System
Electronic Toll Collection System
Parking Management System
Violation And Measurement Systems
Tunnel Management System
Freeway Management System

by Components
Traffic Controllers And Signals
Surveillance Cameras
Video Walls
Server
3D Simulators
GUI Workstation
Detectors & Sensors
Other Components

Based on component, Traffic Controllers and Signals are estimated to dominate the market with a CAGR of 13.37% over the forecast period. The market's expansion is being driven by rising demand for real-time traffic information from passengers and drivers, as well as an increase in the number of vehicles on the road. Poor infrastructure and increased government attempts to improve traffic management are other important drivers of the growing Intelligent Traffic Management Market. The industry is predicted to grow rapidly through 2022, although growth will be irregular regardless of the pandemic outbreak. Demand is not likely to fall completely due to project delays and modifications in several product categories.

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Intelligent Traffic Management Market Key companies:

1. Cubic Corporation (US)
2. IBM Corporation (US)
3. General Electric Company (US)
4. TransCore (US)
5. Econolite Control Products, Inc. (US)
6. Iteris Inc (US)
7. Cisco Systems, Inc (US)
8. Teledyne FLIR LLC (US)
9. Chevron Corporation (US)
10.SNC-Lavalin Group (Canada)
11.Quarterhill Inc (Canada)
12.Siemens AG (Germany)
13.PTV GmbH (Germany)
14.Thales Group (France)
15.Alstom (France)
16.SICE (Spain)
17.Kapsch TrafficCom (Austria)
18.SWARCO (Austria)
19.TomTom International BV (Netherlands)
20.Baumer Holding AG. (Switzerland)
21.Q-Free ASA (Norway)
22.Zhejiang Dahua Technology Co., Ltd. (China)
23.Huawei Technologies Co., Ltd. (China)
24.Fujitsu (Japan)

Key questions answered in the Intelligent Traffic Management Market are:

• What is Intelligent Traffic Management?
• What was the Intelligent Traffic Management market size in 2023?
• What is the growth rate of the Intelligent Traffic Management Market?
• Which are the factors expected to drive the Intelligent Traffic Management market growth?
• What is the CAGR at which the Intelligent Traffic Management market will grow during the forecast period?
• What growth strategies are the players considering to increase their presence in Intelligent Traffic Management?
• What are the upcoming opportunities and trends for the Intelligent Traffic Management Market?
• What are the recent industry trends that can be implemented to generate additional revenue streams for the Intelligent Traffic Management Market?
• What segments are covered in the Intelligent Traffic Management Market?
• What are the different segments of the Intelligent Traffic Management Market?
• Who are the key players in the Intelligent Traffic Management market?
• Who are the leading companies and what are their portfolios in Intelligent Traffic Management Market?
• Which is the fastest-growing region in the Intelligent Traffic Management market?
•
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List of Contents : Intelligent Traffic Management Market

Part 01: Executive Summary
Part 02: Scope of the Intelligent Traffic Management Market Report
Part 03: Intelligent Traffic Management Market Landscape
Part 04: Intelligent Traffic Management Market Sizing
Part 05: Intelligent Traffic Management Market Segmentation by Type
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis

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