According to a new report North America Traffic Management Market, published by KBV Research, the North America Traffic Management Market is expected to register a CAGR of 20.6% during the forecast period (2017-2023). The Software market dominated the North America Traffic Management Market by Type in 2016, and would continue to be a dominant market till 2023; growing at a CAGR of 19.7 % during the forecast period. The Hardware market is expected to witness a CAGR of 20.3% during (2017-2023). Additionally, The Services market is expected to witness a CAGR of 22.5% during (2017-2023).
The US market dominated the North America Predictive Traffic Modeling System Market by Country in 2016, and would continue to be a dominant market till 2023; growing at a CAGR of 19.8 % during the forecast period. The Canada market is expected to witness a CAGR of 24.7% during (2017-2023). The Mexico market is expected to witness a CAGR of 26.2% during (2017-2023). The Urban Traffic Management & Control market dominated the Mexico Traffic Management Market by System in 2016, and would continue to be a dominant market till 2023; growing at a CAGR of 23.5 % during the forecast period. The Predictive Traffic Modeling System market is expected to attain a market value of $291.1 million by 2023. Additionally, The Incident Detection & Location System market is expected to witness highest 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 countries in the region.
The key influencing factors of the North America 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/north-america-traffic-management-market/
North America Traffic Management Market Segmentation
North America Traffic Management Market By Type
North America Traffic Management Market By System
North America Traffic Management Market By Countries
Companies Profiled
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