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Traffic Management Market worth $50.7 billion by 2023

Traffic management market size, analysis, trends, & forecasts. The global market for traffic management categorized by solution, hardware, services, system, and region.

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Traffic Management Market worth $50.7 billion by 2023

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  1. Traffic Management Market worth $50.7 billion by 2023

  2. Scope of The Report The research report categorizes the Traffic Management Market to forecast the revenues and analyse the trends in each of the following sub segments: • Urban Traffic Management and Control(UTMC) • Adaptive Traffic Control System (ATCS) • Journey Time Measurement System (JTMS) • Predictive Traffic Modeling System (PTMS) • Incident Detection and Location System (IDLS) • Dynamic Traffic Management System (DTMS) • Smart City Bhubaneswar, India • Cavite-Laguna Expressway (Calax), Philippines • Sheikh Jaber Al-Ahmed Al-Sabah Causeway, Kuwait • Vilnius Traffic Management System, Lithuania • Thompsons Roadways Project, Melbourne, Australia • Elizabeth River Tunnels Project, United States • Inuvik to Tuktoyaktuk Highway Projects, Canada • Cost Road Junction Upgrade, United Kingdom • Smart City Kochi, India ByMarket Segment Traffic Management Projects And More…

  3. Key Segments High demographic growth and hyper-urbanization in developing countries and the government initiatives for traffic management under smart cities models are some of the driving factors for this market. 1 The route guidance and optimization software helps in regulating traffic flows to make efficient use of the existing road infrastructures. Furthermore, it reduces the traveling time and distance for drivers. 2 Sensors are hardware components that detect and respond to the physical parameters of an environment. They convert the physical parameters into signals that can be measured to get insights. Sensors are used in traffic management for gathering data and sending traffic safety warnings. 3 4 The deployment and integration segment is expected to have the largest market share and projected to grow at the highest CAGR during the forecast period. Deployment and integration services help in reducing the deployment and integration time. 5

  4. Market Growth Rate View Report Here - https://www.marketsandmarkets.com/Market-Reports/traffic-management-market-1036.html 2018 2023 CAGR Market Size of $ 26.7 billion 13.7% . Market Size of $50.7 billion

  5. Key Major Vendors • Accenture PLC • Cellint • Cisco Systems • Cubic Corporation • EFKON INDIA PRIVATE LIMITED (EFKON) • FLIR Systems • Garmin Ltd. • IndraSistemas • S.A. (Indra) • Industrial Management Technology & Contracting LLC (IMTAC) Details on Business Overview, Products, Solutions & Services, Key Insights, Recent Developments, SWOT Analysis, MnM View Might Not Be Captured in Case of Unlisted Companies.

  6. Major Regions • North America • Asia-Pacific (APAC) • Middle East • Africa (MEA) The overall storage software market size has been further segmented into user types which are present across all the regions, namely North America, Europe, Asia-Pacific, Middle East and Africa, and Latin America.

  7. Stay in touch Our Report Covers – Market Scenarios, Vendor landscape & Industry Road Maps. Get Free 10% Customization in this report sales@marketsandmarkets.com Or you can visit us: https://www.marketsandmarkets.com USA address MarketsandMarkets™ INC.630 Dundee Road Suite 430 Northbrook, IL 60062 USA : +1-888-600-6441 Corporate Headquarters MarketsandMarkets™ Research Private Ltd. Tower B5, office 101,Magarpatta SEZ,Hadapsar, Pune-411013, India+1-888-600-6441

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