Latin America, Middle East and Africa Traffic Management Market is expected to register a CAGR of 22.9% during the forecast period (2017-2023)- KBV Research

According to a new report LAMEA Traffic Management Market, published by KBV Research, the Latin America, Middle East and Africa Traffic Management Market is expected to register a CAGR of 22.9% during the forecast period (2017-2023). The Display Boards market dominated the LAMEA Traffic Management Hardware Market by Type in 2016, and would continue to be a dominant market till 2023; growing at a CAGR of 21.6 % during the forecast period. The Sensors market is expected to witness a CAGR of 22.1% during (2017-2023). Additionally, The Surveillance Cameras market is expected to witness a CAGR of 24.1% during (2017-2023).

The Brazil market dominated the LAMEA Adaptive Traffic Control System Market by Country in 2016, and would continue to be a dominant market till 2023; growing at a CAGR of 23.4 % during the forecast period. The Saudi Arabia market is expected to witness a CAGR of 23.1% during (2017-2023). The South Africa market is expected to witness a CAGR of 23.3% during (2017-2023). The Software market dominated the UAE 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 would attain a market value of $332.1 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 Latin America, Middle East and Africa 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/lamea-traffic-management-market/

LAMEA Traffic Management Market Segmentation

LAMEA 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

LAMEA 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

LAMEA Traffic Management Market By Countries

• 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 Latin America, Middle East and Africa 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

Related Reports:

 Global Traffic Management Market 

North America Traffic Management Market 

Europe Traffic Management Market

 Asia Pacific Traffic Management Market