Traffic Management Market Size, Share - Industry Technology 2022
Traffic Management Market Size, Capacity, Trends, Outlook, Research, Analysis, Growth | Industry Report 2022 Market Research Report to It’s a Database.Download sample copy @ https://goo.gl/VpKWcy
The traffic management market size is estimated to grow from USD 22.96 billion in 2017 to USD 59.48 billion by 2022, at a Compound Annual Growth Rate (CAGR) of 21.0%. The market is driven by factors, such as the availability of hardware and connectivity devices at affordable cost, rising need for real-time information system, high demographic growth and hyper urbanization in developing countries, and government initiatives for traffic management under smart cities models. However, the traffic operators face various obstacles while adopting cloud traffic management solutions, such as security concerns, data protection, and lack of a standardized and uniform technology for traffic management.
There has been an increasing demand for traffic management systems, specifically for the dynamic traffic management that simulates various traffic data gathered by multiple sensors, cameras, and software. In addition, with the growing deployment of traffic management systems among traffic control and management operators, the demand for DTMS has grown exponentially. This system helps traffic operators to control and manage traffic more dynamically, eliminating any security risk and logistical cost associated with the traditional traffic management systems.
Surveillance camera is an innovative and extremely useful video surveillance technology in traffic monitoring and control. It is placed at the top of traffic signals along busy roads and at busy intersections of highways. These cameras record traffic patterns for future studies, observe and monitor the traffic flow, and issue tickets in case anybody violates the rule. Traffic cameras are an extremely popular form of video surveillance. Surveillance cameras offer several advantages to commuters. They provide valuable data of traffic and vehicles, which is maintained by the state departments of transportation. Footages captured by cameras, such as road monitoring and accidents are influential in decisions regarding future development and traffic planning.
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Key Points From Table Of Content :
Company Profiles :
13.1 Accenture PLC
13.1.1 Business Overview
13.1.2 Company Scorecard
13.1.3 Key Observations: Product Offering
13.1.4 Key Observations: Business Strategy
13.1.5 Recent Developments
13.2 Cellint
13.2.1 Business Overview
13.2.2 Company Scorecard
13.2.3 Key Observations: Product Offering
13.2.4 Key Observations: Business Strategy
13.2.5 Recent Developments
13.3 Cisco Systems, Inc.
13.3.1 Business Overview
13.3.2 Company Scorecard
13.3.3 Cisco Systems, Inc.: Product Offering
13.3.4 Cisco Systems, Inc.: Business Strategy
13.3.5 Recent Developments
13.4 Cubic Corporation
13.4.1 Business Overview
13.4.2 Company Scorecard
13.4.3 Key Observations: Product Offering
13.4.4 Key Observations: Business Strategy
13.4.5 Recent Developments
13.5 Efkon AG
13.6 Iteris, Inc.
13.7 IBM Corporation
13.8 Indra Sistemas, S.A.
13.9 Kapsch Trafficcom AG
13.10 LG CNS Co. Ltd.
13.11 Metro Infrasys Private Limited
13.12 Q-Free ASA
13.13 Siemens AG
13.14 Swarco AG
Research Coverage :
The traffic management market has been segmented on the basis of systems, software, hardware, services, and regions. A detailed analysis of the key industry players has been done to provide key insights into their business overviews; products and services; key strategies; new product launches; partnerships, agreements, and collaborations; business expansions; and competitive landscape associated with the traffic management market.
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