Traffic Management Market PPT - PowerPoint PPT Presentation

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Traffic Management Market PPT

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The traffic management market is expected to grow at approximately USD 65 Billion by 2023, at 20% of CAGR between 2017 and 2023 – PowerPoint PPT presentation

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Title: Traffic Management Market PPT


1
Traffic Management
Market
  • Global Opportunity Analysis and Industry
    Forecast, 2018-2023

2
Traffic Management Market Overview
  • According to a new report by Market Research
    Future (MRFR), the global market for traffic
    management is expected to witness 20 CAGR over
    the forecast period (2017-2023). Over the past
    few years, traffic management has undergone
    changes regarding technologies being used.
    Traffic management is one of the significant
    branches in logistics which comprises services
    like purchasing and controlling transport
    services, planning and reducing the density of
    traffic. Traffic management system provides
    real-time data and the ability to respond
    immediately.
  • Current technologies in traffic management market
    incorporate wireless charging sensors, IOT based
    ITS, weather monitoring solutions, integrated
    machine learning, IOT for autonomous vehicles,
    integrated toll management systems, ITS for
    connected vehicles, and more.

3
  • Growth in airline traffic control volume is one
    of the major factors driving the market growth.
    The market is itself in its growth stage owing to
    the development and inventions of new traffic
    management system which is slowly replacing the
    outdated technology. With the increasing demand
    for metro railways due to rapid urbanization, the
    railway traffic management market will grow at a
    steady pace. Increasing urbanization, increasing
    public concern for safety, and government
    initiative to modify the traffic infrastructure
    are the key drivers fuelling the growth of this
    market.
  • With the emergence of smart cities like Amsterdam
    smart city, Guangzhou Innovation City, Yokohama
    Smart City Project, Planit Valley, and a few,
    opportunities for traffic management market are
    increasing worldwide.
  • Read More at https//www.marketresearchfuture.com
    /reports/traffic-management-market-3199

4
Market Segmentation
  • The global market for traffic management has been
    segmented on the basis of component, systems, and
    region.
  • The market for traffic management has been
    segmented into hardware, software, and service
    based on component. Hardware has been further
    segmented into display boards, sensors,
    surveillance cameras, and others. Software has
    been segmented into smart signaling, route
    guidance, traffic analytics, and smart
    surveillance. Service has been further segmented
    into consulting, deployment and integration and
    support and maintenance.
  • Based on systems, the market has been segmented
    into Urban Traffic Management and Control System
    (UTMC), Adaptive Traffic Control System (ATCS),
    Journey Time Measurement System (JTMS),
    Predictive Traffic Modelling System (PTMS),
    Incident Detection and Location System (IDLS),
    and Dynamic Traffic Management System (DTMS)
  • Get the sample copy _at_ https//www.marketresearchfu
    ture.com/sample_request/3199

5
Key Market Players
6
Intended Audience
7
Detailed Regional Analysis
  • The regional analysis of traffic management
    market is being studied for region such as Asia
    Pacific, North America, Europe and Rest of the
    World. Europe region accounts for largest share
    in traffic management market owing to adopting of
    smart traffic management software. There is an
    increased adoption of software such as smart
    signaling and route guidance for better
    management of traffic. Asia-Pacific region is
    also expected as a fastest growing market due to
    increased traffic congestion and regulatory
    measures to minimize traffic congestion along
    with better traffic control measurement.

8
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