Traffic Management Market: Growing Need for Improved Traffic Safety to Drive Growth

Posted June 23, 2023 by supriyamaximize

Traffic Management Market was valued at US$ 35.30 Bn. in 2021 and expected to grow at a CAGR of 10.8% during the forecast period 2021-2029, thanks to the growing trend of software based system use, which has boosted demand for Aircraft engines.
Traffic Management Market Overview

Maximize Market research, a global Healthcare market research firm, has market research report on “Traffic Management Market. The report on Traffic Management Market provides an in-depth analysis of the industry. Key highlights of the report include the market size and the growth rate. Insights of the report covers the drivers, restraints, challenges & opportunities for Traffic Management Market growth.

Traffic Management Market Report Scope and Research Methodology

The analysis of the Traffic Management Market utilized both primary and secondary research methods. Primary research involved the direct collection of data from the market through surveys, interviews, and observations. Secondary research involved the collection of data from published sources, such as industry reports, company websites, and news articles.

Dedicated study of the rivalry in the industry is covered, which includes market leaders, followers, and new entrants. Extensive primary research was conducted to acquire information and verify and confirm the crucial numbers arrived at after comprehensive Traffic Management Market engineering and calculations for market statistics; market size estimations, market forecasts, market breakdown and data triangulation. The secondary data was collected from the company’s annual reports, articles, paid and free databases, etc. To estimate the regional and global Traffic Management Market size, the bottom-up approach was used.

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Traffic Management Market Regional Insights

The report provides a comprehensive analysis of growth drivers, constraints, future prospects, and competitive landscape across all regions. The market is segmented by geography into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. The report also highlights the leading countries in each region along with their respective market projections.

Traffic Management Market Segmentation

by Componant Type

• Hardware
• Software

The Traffic Management market is divided into hardware and software segments based on the component type. By 2029, software-based components are anticipated to command the largest market share of more than 56% and manage a variety of tasks like route guiding, toll collecting, traffic detection, etc. that contribute to enhancing public transit and lowering traffic fatalities. The traffic management market is anticipated to grow in the coming year as a result of the use of cutting-edge software such as "GIS-powered map recording," "Networked video recorders," "Video Management Systems," and "Extended Floating Car Data" (xFCD), among others.

The hardware component, which includes display boards, CCTV, sensors, traffic system detectors, and other items, is the second-largest market sector for traffic management.

by Applicaton

• Urban Traffic Management System
• Journey Time Management System
• Location and Incident detention System

by Service

• Integration
• Management and Support

Traffic Management Market Key Players

• Cisco Systems, Inc
• Siemens AG
• Thales Group
• Planung Transport Verkehr Group
• Cubic Corporation
• Chevron Corporation
• INRIX, Inc
• Sensys Networks, Inc
• BlueSignal Inc
• Bercman Techonologies AS
• International Business Machines Corporation
• Kapsch TrafficCom AG
• Thales Group
• Q-Free A.S.A.
• Planung Transport Verkehr Group
• FLIR Systems, Inc.
• Cubic Corporation
• IBM Corporation

For any Queries Linked with the Report, Ask an Analyst


Table of content for the E-commerce Logistics Market includes:

Global Traffic Management Market : Research Methodology
Global Traffic Management Market : Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
Global Traffic Management Market : Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
Regulatory Landscape by region
North America
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
Global Traffic Management Market Segmentation
Global Market, by Component Type
Global Market,by Service
Global Market,by Application
Regional Traffic Management Market (2021-2029)
Regional Market, by Component Type
Regional Market,by Service
Regional Market, by Application
Regional Market, by Industry Verticals
Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Key questions answered in the Traffic Management Market are:

What is Traffic Management Market?
What are the global trends in the Traffic Management Market?
What was the Traffic Management Market Total Market size in 2022?
What is expected Traffic Management Market size by 2029?
Who held the largest market share in Traffic Management Market?
Who are the leading companies and what are their portfolios in Traffic Management Market?
What are the major challenges that the Traffic Management Market Industry could face in the future?

Key Offerings:

Past Market Size and Competitive Landscape (2018 to 2021)
Past Pricing and price curve by region (2018 to 2021)
Industrial Manipulator Market Size, Share, Size & Forecast by different segment | 2022−2029
Industrial Manipulator Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
Industrial Manipulator Market Segmentation – A detailed analysis by Type, Application and Region
Competitive Landscape – Profiles of selected key players by region from a strategic perspective
Competitive landscape – Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER’s analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

Contact Maximize Market Research:

3rd Floor, Navale IT Park, Phase 2

Pune Banglore Highway, Narhe,

Pune, Maharashtra 411041, India

[email protected]

+91 96071 95908, +91 9607365656
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Issued By Supriya
Business Address 3rd Floor, Navale IT Park, Phase 2 Pune Banglore Highway, Narhe, Pune, Maharashtra 411041, India
Country India
Categories Business
Tags traffic management market
Last Updated June 23, 2023