According to a new report Asia Pacific Traffic Management Market, published by KBV Research, the Asia Pacific Traffic Management Market is expected to register a CAGR of 23.3% during the forecast period (2017 - 2023). The Urban Traffic Management & Control market dominated the Asia Pacific Traffic Management Market by System in 2016, and would continue to be a dominant market till 2023; growing at a CAGR of 22 % during the forecast period.
The Predictive Traffic Modeling System market is expected to witness a CAGR of 24.7% during (2017 - 2023). Additionally, The Dynamic Traffic Management System market is expected to witness highest CAGR of 24.8% during (2017 - 2023). The China market dominated the Asia Pacific Smart Surveillance Market by Country in 2016, and would continue to be a dominant market till 2023; growing at a CAGR of 21.2 % during the forecast period. The Japan market is expected to witness a CAGR of 23.1% during (2017 - 2023). Additionally, The India market is expected to witness a CAGR of 25.3% during (2017 - 2023). The Software market dominated the South Korea Traffic Management Market by Type in 2016, and would continue to be a dominant market till 2023; growing at a CAGR of 23.7 % during the forecast period.
The Hardware market is expected to witness a CAGR of 24.3% during (2017 - 2023). Additionally, The Services market would attain a market value of $484.0 million during the forecast period. The report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the countries in the region. The key influencing factors of the Asia Pacific Traffic Management have been discussed in the report along with the elaborated company profiles of International Business Machines Corporation (IBM), Cisco System, Inc., LG Corporation (LG CNS Co. Ltd.), Swarco AG, Siemens AG, Kapsch (Kapsch Trafficcom AG), Q-Free ASA, and Accenture Plc.
Full Report: https://www.kbvresearch.com/asia-pacific-traffic-management-market/
Asia Pacific Traffic Management Market Segmentation
Asia Pacific Traffic Management Market By Type
Asia Pacific Traffic Management Market By System
Asia Pacific Traffic Management Market By Countries
Companies Profiled
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Global Traffic Management Market
North America Traffic Management Market
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