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Traffic Management Market is expected to
grow $57.9 billion by 2024
Scope of The Report
By Component
The research report categorizes the Traffic Management Market
to forecast the revenues and analyse the trends in each of the following subsegments:
• Solutions
• Hardware
• Services
And More…
By Solution
• Smart Signaling
• Route Guidance and Route Optimization
• Traffic Analytics
• Smart Surveillance
By Hardware
• Display Boards
• Sensors
• Surveillance Cameras
• Others
By Service
• Consulting
• Integration and Deployment
• Support and Maintenance
Key Segments
It also helps reduce traffic congestions and promotes a regulated flow of traff
ic. It is an economic and fuel-efficient solution. Traffic management also help
s reduce carbon emissions from vehicles, thus providing an environment-frie
ndly traffic solution.
Increasing adoption of the latest traffic management systems powered with tech
nologies, such as Artificial Intelligence (AI) and Internet of Things (IoT), foster th
e need for effective deployment of traffic management systems and solutions.
Traffic management integrates and coordinates the flow of traffic in various regio
ns for the ease of commuters, i.e., vehicles as well as pedestrians.
1
2
3
4
5 Cameras require intelligent capabilities to make decisions related to traffic conditions. The
y are mounted on the top of traffic signals or placed along the busiest roads, intersections
, and highways.
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.
Market Growth Rate
2019 2024
Market Size of
$30.6 billion
Market Size of
$57.9 billion13.6%
CAGR
Key Vendors
• Accenture (Ireland)
• Cellint (Israel)
• Cisco (US)
• Citilog (France)
• Cubic Corporation (US)
• And More
Major Players
View Report Here - https://www.marketsandmarkets.com/Market-Reports/t
raffic-management-market-1036.html
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 prov
ide opportunities for debt collection soft
ware providers and grow at the highest
CAGR
• 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?
Key Questions Addressed by the Report:
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
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
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
More than 97000 companies have approached us till date
with their pain points around revenue growth.
Adding 10 New Clients Everyday
Stay in touch
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
Our Report Covers –
Market Scenarios, Vendor
landscape & Industry Road Maps.
Get Free 10% Customization in this report

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Traffic management market is expected to grow $57.9 billion by 2024

  • 1. Traffic Management Market is expected to grow $57.9 billion by 2024
  • 2. Scope of The Report By Component The research report categorizes the Traffic Management Market to forecast the revenues and analyse the trends in each of the following subsegments: • Solutions • Hardware • Services And More… By Solution • Smart Signaling • Route Guidance and Route Optimization • Traffic Analytics • Smart Surveillance By Hardware • Display Boards • Sensors • Surveillance Cameras • Others By Service • Consulting • Integration and Deployment • Support and Maintenance
  • 3. Key Segments It also helps reduce traffic congestions and promotes a regulated flow of traff ic. It is an economic and fuel-efficient solution. Traffic management also help s reduce carbon emissions from vehicles, thus providing an environment-frie ndly traffic solution. Increasing adoption of the latest traffic management systems powered with tech nologies, such as Artificial Intelligence (AI) and Internet of Things (IoT), foster th e need for effective deployment of traffic management systems and solutions. Traffic management integrates and coordinates the flow of traffic in various regio ns for the ease of commuters, i.e., vehicles as well as pedestrians. 1 2 3 4 5 Cameras require intelligent capabilities to make decisions related to traffic conditions. The y are mounted on the top of traffic signals or placed along the busiest roads, intersections , and highways. 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.
  • 4. Market Growth Rate 2019 2024 Market Size of $30.6 billion Market Size of $57.9 billion13.6% CAGR
  • 5. Key Vendors • Accenture (Ireland) • Cellint (Israel) • Cisco (US) • Citilog (France) • Cubic Corporation (US) • And More Major Players View Report Here - https://www.marketsandmarkets.com/Market-Reports/t raffic-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 prov ide opportunities for debt collection soft ware providers and grow at the highest CAGR
  • 7. • 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? Key Questions Addressed by the Report:
  • 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. More than 97000 companies have approached us till date with their pain points around revenue growth. Adding 10 New Clients Everyday
  • 12.
  • 13. Stay in touch 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 Our Report Covers – Market Scenarios, Vendor landscape & Industry Road Maps. Get Free 10% Customization in this report