Intelligent Traffic Management and Monitoring Systems Market Outlook & Forecast

1. Intelligent Traffic Management and Monitoring Systems Market Outlook & Forecast 2030 sales@delvens.comwww.delvens.com

2. Intelligent Traffic Management and Monitoring Systems Market - Trends Forecast Till 2030 Intelligent Traffic Management and Monitoring Systems Market by Solution (Traffic Monitoring System, Traffic Signal Control System, Traffic Enforcement Cameras), By Spender Type (Infrastructure Enterprises & PPPs, Federal & Provincial Government, Industries & Commercial Enterprise), By Components (Traffic Controllers & Signals, Surveillance Cameras, Video Walls) and region (North America, Europe, Asia-Pacific, Middle East and Africa and South America). Request For Free Sample Report : https://www.delvens.com/get-free-sample/intelligent-traffic-management-and-monitoring-systems-market-trends-forecast-till-2030 sales@delvens.com www.delvens.com

3. Market Overview The global Intelligent Traffic Management and Monitoring Systems Market size is projected to reach a CAGR of 12.5% from 2023-2030. Traffic System is a primary concern for most of the metropolitan centers of the world. An effective traffic control system can have a severe impact on the country’s economy. The traffic control system is based on the easy concept that “a car can only move forward if there is an area for it and the signal normally remains green until this car has passed”. By placing sensors at every entry and exit of a junction and examining the number of cars present at the junction, it is probably possible to form traffic very efficiently, which is a great application of digital signal control processing. An improvement in the adoption of intelligent traffic management systems globally can be credited to their capacity to improve efficiency in different situations including mobility and road transport. sales@delvens.com www.delvens.com

4. Market Overview The outbreak of the pandemic COVID-19 has severely affected the market in terms of new sales and installations, although, the existing Intelligent Traffic Management System (ITMS) installations across the world are being used efficiently. Various major system manufacturers have suspended their operations temporarily due to disruptions in the supply of components.  A decline in global automotive production due to the closure of factory operations knowingly impacted the market demand for intelligent traffic management systems. Instantaneously, unwavering efforts by major automotive companies to develop more advanced forms of transport kept demand afloat. Companies, buyers, and suppliers are equally affected by the outbreak of the COVID-19 pandemic, and the global intelligence traffic management system market is expected to continue facing challenges in 2021 as well. sales@delvens.com www.delvens.com

5. MarketSegmentation The intelligent Traffic Management and Monitoring Systems Market is segmented into various segments such as solution, spender type, component, and region: On the basis of the solution Traffic Monitoring System Traffic Signal Control System Traffic Enforcement Cameras Integrated Corridor Management Intelligent Driver Information System On the basis of spender type Infrastructure Enterprises & PPPs Federal and Provincial Government Industries & Commercial Enterprise sales@delvens.com www.delvens.com

6. MarketSegmentation • On the basis of component • Traffic Controllers and Signals • Surveillance Cameras • Video Walls • Detectors & Sensors • 3D Simulators • On the basis of region • Asia Pacific • North America • Europe • South America • Middle East & Africa sales@delvens.com www.delvens.com

7. Competitive Landscape Cubic SWARCO Siemens THALES IBM Fujitsu Q-Free Imtech SICE Iteris Thales Group Inquire Before Buying: https://www.delvens.com/Inquire-before-buying/intelligent-traffic-management-and-monitoring-systems-market-trends-forecast-till-2030 sales@delvens.com www.delvens.com

8. Recent Developments In April 2021, Siemens AG’s Smart Infrastructure segment expands its offering for the small to medium-sized buildings market by launching a new version of the fire protection system, Cerberus FIT. In July 2021, Siemens announced the rebranding of its Intelligent Traffic Systems (ITS) business into a new company as Yunex Traffic. The drive for machine learning, 5G, and cloud computing as part of the smart city is leading the company to need to have more independence as Yunex Traffic. The company, which provides adaptive traffic control and management, highway and tunnel automation, and smart solutions for V2X and toll systems, generates annual revenue of over USD 700.28 million and is growing at an annual rate of 8%. Purchase This Report: https://www.delvens.com/checkout/intelligent-traffic-management-and-monitoring-systems-market-trends-forecast-till-2030 sales@delvens.com www.delvens.com

9. Contact Information About Us: Delvens is a strategic advisory and consulting company headquartered in New Delhi, India. The company holds expertise in providing syndicated research reports, customized research reports and consulting services. Delvens qualitative and quantitative data is highly utilized by each level from niche to major markets, serving more than 1K prominent companies by assuring to provide the information on country, regional and global business environment. We have a database for more than 45 industries in more than 115+ major countries globally. Contact Us: +44-20-8638-5055 sales@delvens.com WEBSITE: https://delvens.com/ sales@delvens.com www.delvens.com