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Traffic Management Trends and Forecast

The future of the global traffic management market looks promising with opportunities in the urban, inter-urban, and rural markets. The global traffic management market is expected to reach an estimated $52.6 billion by 2030 with a CAGR of 11.0% from 2024 to 2030. The major drivers for this market are growing need for efficient road safety measures, increasing demand for real-time traffic information from drivers and passengers, and growing concerns related to public safety.
Traffic Management Trends and Forecast

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Traffic Management by Segment

Traffic Management by Segment

The study includes a forecast for the global traffic management by component, system, application, and region.

Traffic Management Market by Component [Shipment Analysis by Value from 2018 to 2030]:


• Hardware
• Solutions
• Services

Traffic Management Market by System [Shipment Analysis by Value from 2018 to 2030]:


• Urban Traffic Management & Control System
• Adaptive Traffic Control System
• Journey Time Management System
• Dynamic Traffic Management
• Others

Traffic Management Market by Application [Shipment Analysis by Value from 2018 to 2030]:


• Urban
• Inter-Urban
• Rural
• Others

Traffic Management Market by Region [Shipment Analysis by Value from 2018 to 2030]:


• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Traffic Management Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies traffic management companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the traffic management companies profiled in this report include-
• Cisco
• Mundys
• SWARCO
• Siemens
• Kapsch TrafficCom
• Thales
• Q-Free

Traffic Management Market Insights

Lucintel forecasts that hardware will remain the largest segment over the forecast period.
Within this market, urban is expected to witness the highest growth over the forecast period.
Europe will remain the largest region over the forecast period.

Features of the Global Traffic Management Market

Market Size Estimates: Traffic management market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Traffic management market size by component, system, application, and region in terms of value ($B).
Regional Analysis: Traffic management market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different components, systems, applications, and regions for the traffic management market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the traffic management market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q1. What is the traffic management market size?
Answer: The global traffic management market is expected to reach an estimated $52.6 billion by 2030.
Q2. What is the growth forecast for traffic management market?
Answer: The global traffic management market is expected to grow with a CAGR of 11.0% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the traffic management market?
Answer: The major drivers for this market are growing need for efficient road safety measures, increasing demand for real-time traffic information from drivers and passengers, and growing concerns related to public safety.
Q4. What are the major segments for traffic management market?
Answer: The future of the traffic management market looks promising with opportunities in the urban, inter-urban, and rural markets.
Q5. Who are the key traffic management market companies?
Answer: Some of the key traffic management companies are as follows:
• Cisco
• Mundys
• SWARCO
• Siemens
• Kapsch TrafficCom
• Thales
• Q-Free
Q6. Which traffic management market segment will be the largest in future?
Answer: Lucintel forecasts that hardware will remain the largest segment over the forecast period.
Q7. In traffic management market, which region is expected to be the largest in next 5 years?
Answer: Europe will remain the largest region over the forecast period.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the traffic management market by component (hardware, solutions, and services), system (urban traffic management & control system, adaptive traffic control system, journey time management system, dynamic traffic management, and others), application (urban, inter-urban, rural, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

For any questions related to Traffic Management Market, Traffic Management Market Size, Traffic Management Market Growth, Traffic Management Market Analysis, Traffic Management Market Report, Traffic Management Market Share, Traffic Management Market Trends, Traffic Management Market Forecast, Traffic Management Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents

1. Executive Summary
2. Global Traffic Management Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges 
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Traffic Management Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Traffic Management Market by Component
3.3.1: Hardware
3.3.2: Solutions
3.3.3: Services
3.4: Global Traffic Management Market by System
3.4.1: Urban Traffic Management & Control System
3.4.2: Adaptive Traffic Control System
3.4.3: Journey Time Management System
3.4.4: Dynamic Traffic Management
3.4.5: Others
3.5: Global Traffic Management Market by Application
3.5.1: Urban
3.5.2: Inter-Urban
3.5.3: Rural
3.5.4: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Traffic Management Market by Region
4.2: North American Traffic Management Market
4.2.1: North American Traffic Management Market by Component: Hardware, Solutions, and Services
4.2.2: North American Traffic Management Market by Application: Urban, Inter-Urban, Rural, and Others
4.3: European Traffic Management Market
4.3.1: European Traffic Management Market by Component: Hardware, Solutions, and Services
4.3.2: European Traffic Management Market by Application: Urban, Inter-Urban, Rural, and Others
4.4: APAC Traffic Management Market
4.4.1: APAC Traffic Management Market by Component: Hardware, Solutions, and Services
4.4.2: APAC Traffic Management Market by Application: Urban, Inter-Urban, Rural, and Others
4.5: ROW Traffic Management Market
4.5.1: ROW Traffic Management Market by Component: Hardware, Solutions, and Services
4.5.2: ROW Traffic Management Market by Application: Urban, Inter-Urban, Rural, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Traffic Management Market by Component
6.1.2: Growth Opportunities for the Global Traffic Management Market by System
6.1.3: Growth Opportunities for the Global Traffic Management Market by Application
6.1.4: Growth Opportunities for the Global Traffic Management Market by Region
6.2: Emerging Trends in the Global Traffic Management Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Traffic Management Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Traffic Management Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Cisco
7.2: Mundys
7.3: SWARCO
7.4: Siemens
7.5: Kapsch TrafficCom
7.6: Thales Group
7.7: Q-Free
.

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A 150 Page Report
Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
  • In-depth interviews of the major players in this market
  • Detailed secondary research from competitors’ financial statements and published data 
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
 
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.