Global Traffic Management Market to reach a market size of $72.7 billion by 2023 - KBV Research

According to a new report Global Traffic Management Market, published by KBV Research, the global Traffic Management Market is expected to attain a market size of $72.7 billion by 2023, growing at a CAGR of 21.6% during the forecast period.

The Software market dominated the Global Traffic Management Market by Type in 2016, and would continue to be a dominant market till 2023; growing at a CAGR of 20.7 % during the forecast period. The Hardware market is expected to witness a CAGR of 21.3% during (2017 - 2023). Additionally, The Services market is expected to witness a CAGR of 23.5% during (2017 - 2023).

The Urban Traffic Management & Control market dominated the Global Traffic Management Market by System in 2016, and would continue to be a dominant market till 2023;, growing at a CAGR of 20.4 % during the forecast period. The Predictive Traffic Modeling System market is expected to witness a CAGR of 23% during (2017 - 2023). Additionally, The Dynamic Traffic Management System would attain a market value of $9,274.7 million during the forecast period.

The Europe market dominated the Global Traffic Management Consulting Services Market by Region in 2016, and would continue to be a dominant market till 2023; growing at a CAGR of 22 % during the forecast period. The North America market is expected to witness a CAGR of 21.7% during (2017 - 2023). Additionally, The Asia Pacific market is expected to witness a CAGR of 24.4% during (2017 - 2023).

The report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key influencing factors of the global 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/global-traffic-management-market/

Global Traffic Management Market Segmentation

Global Traffic Management Market By Type

• Software
  • Smart Signalling
  • Route Guidance
  • Traffic Analytics
  • Smart Surveillance
• Hardware
  • Display Boards
  • Sensors
  • Surveillance Cameras
  • Others
• Services
  • Implementation
  • Consulting & Training
  • Support & Maintenance

Global Traffic Management Market By System

• Urban Traffic Management & Control
• Adaptive Traffic Control System
• Journey Time Measurement System
• Predictive Traffic Modelling System
• Incident Detection & Location System
• Dynamic Traffic Management System

Global Traffic Management Market By Geography

• North America Traffic Management Market
  • US Traffic Management Market
  • Canada Traffic Management Market
  • Mexico Traffic Management Market
  • Rest of North America Traffic Management Market
• Europe Traffic Management Market
  • Germany Traffic Management Market
  • UK Traffic Management Market
  • France Traffic Management Market
  • Russia Traffic Management Market
  • Spain Traffic Management Market
  • Italy Traffic Management Market
  • Rest of Europe Traffic Management Market
• Asia Pacific Traffic Management Market
  • China Traffic Management Market
  • Japan Traffic Management Market
  • India Traffic Management Market
  • South Korea Traffic Management Market
  • Singapore Traffic Management Market
  • Australia Traffic Management Market
  • Rest of Asia-Pacific Traffic Management Market
• LAMEA Traffic Management Market
  • Brazil Traffic Management Market
  • Argentina Traffic Management Market
  • UAE Traffic Management Market
  • Saudi Arabia Traffic Management Market
  • South Africa Traffic Management Market
  • Nigeria Traffic Management Market
  • Rest of LAMEA Traffic Management Market

Companies Profiled

• International Business Machines Corporation (IBM)
• Cisco System, Inc.
• Swarco AG
• LG Corporation (LG CNS Co. Ltd.)
• Siemens AG
• Kapsch (Kapsch Trafficcom AG)
• Q-Free ASA
• Accenture PLC

Unique Offerings from KBV Research

• Exhaustive coverage of Global Traffic Management Market
• Highest number of market tables and figures
• Subscription based model available
• Free of cost quarterly updates
• Guaranteed best price
• Assured post sales research support with 10% customization free

Related Reports:

North America Traffic Management Market

Europe Traffic Management Market

Asia Pacific Traffic Management Market

LAMEA Traffic Management Market