AUCKLAND, New Zealand, Sept. 21, 2022 /PRNewswire/ — Data Bridge Market Research has a newly released expansive study titled “Global Traffic Management Market” which guarantees one will remain better informed than the competition. This study provides a broader perspective of the marketplace with its comprehensive market insights and analysis which eases survival and success in the market. Global Traffic Management Market research report endows with the most suitable and specific information to the decision-makers in the Traffic Management industry which saves their time and gives excellent output. With the systematic study performed by experts, of all these parameters are used to offer the best solution. The report analyses the potential of the market concerning the current scenario and the prospects by considering several industry aspects. This Traffic Management report explains several market factors such as market estimates and forecasts, entry strategies, opportunity analysis, market positioning, competitive landscape, product positioning, market assessment, and viability studies.
Data Bridge Market Research analyses that the traffic management market was valued at USD 35.40 billion in 2021 and is expected to reach the value of USD 102.41 billion by 2029, at a CAGR of 14.20% during the forecast period of 2022-2029. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.
Download Exclusive Sample Report in PDF Version @ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-traffic-management-market
The population of on-road vehicles, particularly passenger vehicles, is steadily increasing and is expected to reach two billion by 2040. This increases traffic density, resulting in wasted time and fuel, noise pollution, and road accidents. Because of the high concentration of traffic in many cities around the world, a proper traffic planning and control system is required. This has highlighted the importance of traffic management systems.
Traffic management is the process of organising, arranging, directing, and controlling both stationary and moving traffic, including pedestrians, bicyclists, and vehicles of all types. To reduce accidents, the goal of the traffic management system is to provide safe, orderly, and efficient movement of people and goods, as well as to protect and, wherever possible, improve the quality of the local environment on and adjacent to traffic facilities. Real-time data is analysed by traffic management systems, which respond immediately.
Opportunities for New Entrants:-
Increasing urbanisation and rapid industrialization are driving the global traffic management system market, creating a pool of opportunities for traffic management system vendors. The number of on-road vehicles is rapidly increasing as the population grows, creating a demand for traffic management.
Some of the major players operating in the Traffic Management market are:
Cisco Systems, Inc. (U.S.),
Kapsch TrafficCom AG (Austria),
Q-Free A.S.A. (Norway),
PTV Planung Transport Verkehr GmbH (Germany),
Teledyne FLIR LLC (U.S.),
Cubic Corporation (U.S.),
TomTom International B.V. (Netherlands),
Alibaba Group Holding Limited (China),
Huawei Technologies Co., Ltd. (China),
Chevron Corporation (England),
Access In-depth 350 Pages Research Report @ https://www.databridgemarketresearch.com/checkout/buy/enterprise/global-traffic-management-market
In July 2021, Siemens launched Yunex, formally known as Siemens intelligent traffic system,. (ITS). This was launched under a new brand name and would have a clear business focus and freedom.
In May 2021, Q-Free developed kinetic CV, the most recent connected and autonomous vehicle (CAV) data solution. This is a cutting-edge single dashboard for traffic management platforms.
Huawei and its partners created intelligent and connected vehicles for China in January 2021. The nation intends to make their travel easy and secure. A vehicle by the name of X-Bus is connected to a network for traffic management. Everything that occurs on the test road would be visible to this, and it would make decisions.
Core Objective of Traffic Management Market:-
Every firm in the Traffic Management market has objectives but this market research report focus on the crucial objectives, so you can analysis about competition, future market, new products, and informative data that can raise your sales volume exponentially.
Size of the Traffic Management market and growth rate factors.
Important changes in the future Traffic Management market.
Top worldwide competitors of the Market.
Scope and product outlook of Traffic Management market.
Developing regions with potential growth in the future.
Tough Challenges and risk faced in Market.
Global Traffic Management market top manufacturers profile and sales statistics.
Key Industry Drivers:-
High proliferation of big data and internet of things (IoT)
Big data analytics and the internet of things (IoT) are becoming increasingly important in smart traffic and smart cities. In traffic management, the Internet of Things (IoT) refers to smart, connected devices such as sensors, vehicle-mounted information systems, and even private mobile phones.
Investments and initiatives by various governments and companies
The major factors driving the traffic management market are investments and initiatives by various governments and companies around the world to support the development of traffic control and management infrastructure. Proper traffic management systems not only help to reduce traffic congestion and fuel waste, but they also save commuters time and money by assisting them in planning their journey.
The lack of standardised and uniform technologies and the transition of legacy infrastructure to smart traffic solutions will act as market restraints during the forecasted period. The most significant challenges to the growth of the traffic management market are security threats and hackers.
This traffic management market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the traffic management market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Read Detailed Index of full Research Study @ https://www.databridgemarketresearch.com/reports/global-traffic-management-market
Key Market Segmentation:-
The Traffic Management Market is segmented on the basis of solution, hardware, service and system. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Deployment and Integration
Support and Maintenance
The traffic management market is analysed and market size insights and trends are provided by country, solution, hardware, service and system as referenced above.
The countries covered in the Traffic Management Market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the traffic management market as a result of the region’s increasing implementation of intelligent transportation systems and the U.S. government’s increasing initiatives to improve traffic management facilities.
Asia-Pacific is expected to grow at the fastest rate from 2022 to 2029, owing to rising demand for better traffic management in emerging markets such as India and China.
Table of Content:
Part 01: Executive Summary
Part 02: Scope of the Report
Part 03: Global Traffic Management market Landscape
Part 04: Global Traffic Management Market Sizing
Part 05: Global Traffic Management Market Segmentation by Type
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
To check the complete Table of Contents, click here @ https://www.databridgemarketresearch.com/toc/?dbmr=global-traffic-management-market
All segmentation provided above in this report is represented at country level and can be customized according to needs.
All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization).
Browse Related Reports:-
Automotive Rear Cross Traffic Alert System Market, By Type (Ultrasonic, Radar), Vehicle Type (Passenger Vehicles, Commercial Vehicles), End Users (OEMs, Aftermarket), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) https://www.databridgemarketresearch.com/reports/global-automotive-rear-cross-traffic-alert-system-market
Traffic Jam Assist Systems Market, By Level of Automation (Level 2, Level 3), Component (Automotive Cameras, Ultrasonic Sensors, RADAR, LiDAR, ECUs), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) https://www.databridgemarketresearch.com/reports/global-traffic-jam-assist-systems-market
Citizen Services Artificial Intelligence (AI) for Traffic and Transportation Management Market, By Technology (Machine Learning, Face Recognition, Natural Language Processing, Image Processing), Application (Traffic and Transportation Management, Healthcare, Utilities, General Services, Public Safety), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) https://www.databridgemarketresearch.com/reports/global-citizen-services-ai-for-traffic-and-transportation-management-market
Traffic Monitoring Market, By Solutions (Traffic Analysis and Smart Surveillance), Hardware (Display Boards, Sensors, Surveillance Cameras and Others), Service (Consulting, Deployment and Integration and Support and Maintenance), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia Pacific, South Africa, Saudi Arabia, U.A.E, Israel, Egypt, Rest of Middle East and Africa) https://www.databridgemarketresearch.com/reports/global-traffic-monitoring-market
Traffic Lights Outdoor LED Display Market, By Type (Surface Mounted, Individually Mounted), Color Display (Tri-Color, Monochrome, Full Color) https://www.databridgemarketresearch.com/reports/global-traffic-lights-outdoor-led-display-market
Communication Air Traffic Control Equipment Market, By Airspace (ARTCC, Terminal Radar Approach Control (TRACON), Air Traffic Control Tower (ATCT), Remote Tower (RT)), Investment Type (Greenfield, Brownfield), Offering (Hardware, Software and Solutions, Services), Application (Voice Communication and Recorder Systems, HF/UHF/VHF Radio Systems, Automatic Terminal Information System (ATIS), Controller–Pilot Data Link Communications (CPDLC)), Sector (Commercial, Defense), Airport Size (Large, Medium, Small), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) https://www.databridgemarketresearch.com/reports/global-communication-air-traffic-control-equipment-market
About Data Bridge Market Research:
An absolute way to forecast what future holds is to comprehend the trend today!
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavours to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process. Data Bridge is an aftermath of sheer wisdom and experience which was formulated and framed in the year 2015 in Pune.
Data Bridge Market Research has over 500 analysts working in different industries. We have catered more than 40% of the fortune 500 companies globally and have a network of more than 5000+ clientele around the globe. Data Bridge adepts in creating satisfied clients who reckon upon our services and rely on our hard work with certitude. We are content with our glorious 99.9 % client satisfying rate.
Data Bridge Market Research
US: +1 888 387 2818
UK: +44 208 089 1725
Hong Kong: +852 8192 7475
View original content:https://www.prnewswire.com/news-releases/traffic-management-market-to-garner-usd-102-41-billion-with-excellent-cagr-of-14-20-by-2029–size-share-industry-trends-segmentation-trend-future-demand-and-revenue-analysis-301629252.html
SOURCE Data Bridge Market Research
Nio and XPeng both recently had new launches, but macroeconomic conditions look to be hitting the stocks.
Stocks fell sharply after the Federal Reserve announced Wednesday that it was raising its benchmark rate by three quarters of a percentage point as it battles inflation, with the S&P 500 continuing a slide described by Bespoke Investment Group as its third leg down.
The bond king, Jeffrey Gundlach, is now very favorably disposed toward the asset class he knows best.
Nvidia (NVDA) stock has been through the wringer this year and even the latest announcements made by the chip giant at its fall GTC gathering didn't really help to move the needle on the shares. NVIDIA announced the launch of the next-generation GeForce RTX 40 Series GPUs powered by the Ada Lovelace architecture. In his keynote, CEO Jensen Huang called the new GPU a “quantum leap” which will give creators the ability to build fully simulated worlds. The H100 — touted as the most powerful AI-foc
THE MONEYIST Dear Quentin, I am a senior citizen and have suffered major losses to the tune of $100,000 in the recent stock market turmoil. Can I sue my financial adviser? I understand the dynamics of the market as far as its ups and downs, and have ridden them out before.
In this article, we discuss 15 best stocks to invest in right now. If you want to see some more stocks in this list, click 5 Best Stocks To Invest In Right Now. According to a Bloomberg report dated August 24, the Goldman Sachs Group noted that elite hedge funds are strengthening their stakes in […]
The major investment bank Morgan Stanley has been sounding alerts about the increasingly difficult economic conditions for several months now, and the firm’s chief US equity strategist Mike Wilson headed up a recent note on the topic of defensive investing, especially dividend investing. Wilson lays out a clear strategy for dividend investors, starting with the fact that the best dividend stocks, by their nature, provide an income stream that is both secure and stable, and will provide protectio
The ‘70s are coming back in a big way, and while that’s not so bad in fashion or in music, it’s safe to say that no one really wants that ‘70s economy back. That was the decade that brought stagflation, a nasty mix of high inflation, increasing unemployment, and stagnant job growth. Economists had long thought that combo impossible, but the economic mismanagement of the Carter Administration proved them wrong. At least one top economist, Mohamed El-Erian from Allianz, sees a stagflationary perio
In this article, we discuss the 10 stocks that Cathie Wood is buying on the dip. If you want to read about some more stocks in the Wood portfolio, go directly to Cathie Wood is Buying These 5 Stocks on the Dip. The technology-heavy NASDAQ Composite has taken a severe beating in the past few […]
A strong bearish trend defined the markets in the first half of the year; since then, the key point has been volatility. Stocks hit a bottom back in June, when the S&P 500 dropped into the 3,600s. That has proven to be a support level in the last three months, and at least one strategist believes that the market won’t go much lower from here. JPMorgan global market strategist Marko Kolanovic is taking a guardedly optimistic view of the coming year, noting: "We believe that any downside from here
Earlier this year, markets were complacent as Russia massed troops on the Ukraine border. Now, they're once again largely shrugging off Vladimir Putin's signal that he could be prepared to use nuclear weapons. World shares weathered an early knock to risk appetite on Wednesday after Putin mobilised more troops for Ukraine and threatened to use all of Russia's arsenal against what he called the West's "nuclear blackmail" over the war there.
In this piece, we will take a look at the ten stocks to sell now according to Orkun Kilic’s Berry Street Capital. If you want to skip our introduction of the hedge fund and jump ahead to the top five stocks in this list, then head on over to 5 Stocks to Sell Now According […]
Novavax (NVAX) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Defense stocks are rising along with global tensions after Vladimir Putin reacted to recent gains made by Ukraine. Chinese electric-vehicle stocks are tumbling, however.
In this article, we will take a look at the 10 biggest losers today. If you want to see some other stocks losing value on Wednesday, go directly to 5 Biggest Losers Today. Wall Street’s key indices opened marginally higher this morning. However, they turned red in mid-day trading Wednesday after the Federal Reserve lifted […]
U.S. stocks fell in volatile trading Wednesday afternoon as the Federal Reserve dealt another outsized interest rate hike in its fight against stubborn inflation.
A fresh new deal with an existing partner and a good showing in a new analyst report combine for a share price lift.
Morningstar has put together a list of the Top 10 dividend stocks that are widely held by its 'ultimate stock-pickers.'
The stock market whipsawed lower as the Fed hiked rates by 75 basis points and forecast a new terminal rate of 4.6%.
J.P. Morgan analyst Harlan Sur says chip makers Marvell Technology and Broadcom are "well-positioned to outgrow the overall semiconductor industry market."