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Traffic Management Market by Component, Hardware and by Region- 2024 | MarketsandMarkets

[215 Pages Report] The global market for traffic management categorized by solution, hardware, service, system, and by region.

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Traffic Management Market by Component, Hardware and by Region- 2024 | MarketsandMarkets

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  1. Traffic Management Market is expected to grow $57.9 billion by 2024

  2. Scope of The Report The research report categorizes the Traffic Management Market to forecast the revenues and analyse the trends in each of the following subsegments: • Smart Signaling • Route Guidance and Route Optimization • Traffic Analytics • Smart Surveillance • Solutions • Hardware • Services By Component By Solution By Hardware By Service • Consulting • Integration and Deployment • Support and Maintenance • Display Boards • Sensors • Surveillance Cameras • Others And More…

  3. Key Segments Traffic management market size is expected to grow from $30.6 billion in 2019 to $57.9 billion by 2024, at a CAGR of 13.6% during the forecast period. 1 2 Traffic management integrates and coordinates the flow of traffic in various regions for the ease of commuters, i.e., vehicles as well as pedestrians. It also helps reduce traffic congestions and promotes a regulated flow of traffic. It is an economic and fuel-efficient solution. Traffic management also helps reduce carbon emissions from vehicles, thus providing an environment-friendly traffic solution. 3 Increasing adoption of the latest traffic management systems powered with technologies, such as Artificial Intelligence (AI) and Internet of Things (IoT), foster the need for effective deployment of traffic management systems and solutions. 4 5 Cameras require intelligent capabilities to make decisions related to traffic conditions. They are mounted on the top of traffic signals or placed along the busiest roads, intersections, and highways.

  4. Market Growth Rate CAGR 2019 2024 Market Size of $30.6 billion Market Size of $57.9 billion 13.6%

  5. Key Vendors Major Players • Accenture (Ireland) • Cellint (Israel) • Cisco (US) • Citilog (France) • Cubic Corporation (US) • And More View Report Here - https://www.marketsandmarkets.com/Market-Reports/traffic-management-market-1036.html

  6. Major Regions • North America • Europe • APAC • MEA • Latin America • North America is expected to hold the largest market share. • Asia Pacific (APAC) is expected to provide opportunities for debt collection software providers and grow at the highest CAGR

  7. Key Questions Addressed by the Report: • Where will all these developments take the industry in the mid to long term? • What are the upcoming industry solutions in the traffic management market? • Which are the major factors expected to drive the market? • Which region would offer high growth for vendors in the market? • What are the opportunites in the global traffic management market?

  8. MarketsandMarkets’ Value Proposition How are we different? Most-detailed market segmentation in industry In-depth analysis of patents profiles of key market players providing a competitive landscape Market data for segments such as technologies, services & applications across geographies High level analysis of major market segments and identification of opportunities

  9. MarketsandMarkets’ Delivery Model Here's how we can help you... • Research coverage can be a wide range in varied or niche categories in the published data or custom-made as per client's projects • Assess New Product Development from inception to launch • Optimize investments in established brands and recommend new approaches in global territories • Discover potential in new geographical markets and analyze how to successfully expand into them • Analyze the Challenges, Opportunities, Market structures, Drivers and Competitive Landscape

  10. MarketsandMarkets’ Our Expertise - Compelling Business cases Market size Estimations - Company & Market Best Practices - Entry or Go-To-Market strategies - Market Dynamics, Positioning and Segmentations - Competitive Landscaping and Benchmarking - Opportunity Analysis - Economic Forecasting - Industry-specific Technology solutions - Roadmap Analysis

  11. Stay in touch Our Report Covers – Market Scenarios, Vendor landscape & Industry Road Maps. Get Free 10% Customization in this report sales@marketsandmarkets.com Or you can visit us: https://www.marketsandmarkets.com/ USA address MarketsandMarkets™ INC.630 Dundee Road Suite 430 Northbrook, IL 60062 USA : +1-888-600-6441 Corporate Headquarters MarketsandMarkets™ Research Private Ltd. Tower B5, office 101,Magarpatta SEZ,Hadapsar, Pune-411013, India+1-888-600-6441

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