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Traffic Management Market - Global Industry Analysis

Traffic Management Market by Component (Software, Hardware, and Services) and by System (Predictive Traffic Modeling System, Urban Traffic Management and Control, Adaptive Traffic Control System, Incident Detection and Location System, Journey Time Measurement System, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025

Published Date: 04-Mar-2019 Category: Technology & Media Report Format : PDF Pages: 138 Report Code: ZMR-859 Status : Published

Global traffic management market expected to reach USD 71.9 billion by 2025, at a CAGR of 13.5% between 2019 and 2025. Rising tourism activities has led to an increase in the demand for car rental services. Car rental service providers, such as Uber, Ola, and Lyft, are focusing on expanding their business operations at a global level.

Description

The report analyzes and forecasts the traffic management market on a global and regional level. The study offers past data from 2016 to 2018 along with a forecast from 2019 to 2025 based on revenue (USD Billion). The assessment of traffic management market dynamics gives a brief insight into the drivers and restraints for the traffic management market along with the impact they have on the demand over the years to come. Additionally, the report also includes the study of opportunities available in the traffic management market on a global level.

The report gives a transparent view of the traffic management market. We have included a detailed competitive scenario and portfolio of leading vendors of the traffic management market. To understand the competitive landscape in the traffic management market, an analysis of Porter’s Five Forces model for the traffic management market has also been included. The study encompasses a market attractiveness analysis, wherein all the segments are benchmarked based on their market size, growth rate, and general attractiveness.

Global Traffic Management Market

The study provides a crucial view of traffic management by segmenting the market based on component, system, and region. All the segments of the traffic management market have been analyzed based on present and future trends and the market is estimated from 2019 to 2025. Software, hardware, and services form the component segment of the global traffic management market. The system segment is divided into predictive traffic modeling system, urban traffic management, and control, adaptive traffic control system, incident detection and location system, journey time measurement system, and others. The regional segment comprises the current and forecast demand for the Middle East and Africa, North America, Asia Pacific, Latin America, and Europe with further division into the U.S., Canada, Mexico, UK, France, Germany, Italy, Spain, China, Japan, India, Australia, South Korea, Brazil, Argentina, UAE, Saudi Arabia, and South Africa.

Some noticeable players of the global traffic management market include IBM Corporation, LG CNS, Siemens AG, Cisco Systems, Inc., Indra Sistemas, S.A., Swarco Holding, Kapsch TrafficCom AG, Accenture, and Cubic Corporation, among others.

This report segments the global traffic management market into:

Global Traffic Management Market: Component Analysis

  • Software
    • Smart Surveillance
    • Smart Signaling
    • Traffic Analytics
    • Route Guidance and Optimization
  • Hardware
    • Sensors
    • Surveillance Cameras
    • Display Boards
    • Others
  • Services
    • Consulting and Training
    • Support and Maintenance
    • Deployment and Integration

Global Traffic Management Market: System Analysis

  • Predictive Traffic Modeling System
  • Urban Traffic Management and Control
  • Adaptive Traffic Control System
  • Incident Detection and Location System
  • Journey Time Measurement System
  • Others

Global Traffic Management Market: Regional Analysis

  • North America
    • The U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa

Table Of Content

  • Chapter 1. Preface
    • 1.1. Report Description
      • 1.1.1. Objective
      • 1.1.2. Target Audience
      • 1.1.3. Unique Selling Proposition (USP) & Offerings
    • 1.2. Research Scope
    • 1.3. Research Methodology
      • 1.3.1. Market Research Process
      • 1.3.2. Market Research Methodology
      • 1.3.3. Level 1: Primary Research
      • 1.3.4. Level 2: Secondary Research
      • 1.3.5. Level 3: Data Validation and Expert Panel Assessment Report Description and Scope
  •  
  • Chapter 2. Executive Summary
    • 2.1. Global Traffic Management Market, 2016-2025 (USD Billion)
    • 2.2. Traffic Management Market: Market Snapshot
  •  
  • Chapter 3. Global Traffic Management Market - Industry Analysis
    • 3.1. Introduction
    • 3.2. Industry ecosystem analysis
    • 3.3. Technology landscape
    • 3.4. Market Drivers
      • 3.4.1. North America
      • 3.4.2. Europe
        • 3.4.2.1. The rising number of passenger vehicles
      • 3.4.3. Asia Pacific
      • 3.4.4. Latin America
      • 3.4.5. MEA
    • 3.5. Restraints
      • 3.5.1. Lack of standardization
    • 3.6. Opportunities
      • 3.6.1. Adoption of IoT &Blockchain
    • 3.7. Innovation & sustainability
    • 3.8. Regulatory landscape
    • 3.9. Porter's Five Forces Analysis
    • 3.10. PESTLE Analysis
    • 3.11. Traffic Management Market: Market Attractiveness Analysis
      • 3.11.1. Market Attractiveness Analysis by Component
      • 3.11.2. Market Attractiveness Analysis by System
      • 3.11.3. Market Attractiveness Analysis by Region
  •  
  • Chapter 4. Global Traffic Management Market - Competitive Landscape
    • 4.1. Company Market Share Analysis, 2018
    • 4.2. Strategic Development
      • 4.2.1. Acquisitions and Mergers
      • 4.2.2. New Product Launch
      • 4.2.3. Agreements, Partnerships, Collaborations, and Joint Ventures
      • 4.2.4. Research & Development and Regional Expansion
  •  
  • Chapter 5. Traffic Management Market - Component Analysis
    • 5.1. Global Traffic Management Market Revenue Share, by Component, 2018 & 2025 (USD Billion)
    • 5.2. Global Traffic Management Market by Software, 2016-2025 (USD Billion)
    • 5.3. Global Traffic Management Market by Hardware, 2016-2025 (USD Billion)
    • 5.4. Global Traffic Management Market by Services, 2016-2025 (USD Billion)
  •  
  • Chapter 6. Traffic Management Market - System Analysis
    • 6.1. Global Traffic Management Market Revenue Share, by System, 2018 & 2025 (USD Billion)
    • 6.2. Global Traffic Management Market by Predictive Traffic Modeling System, 2016-2025 (USD Billion)
    • 6.3. Global Traffic Management Market by Urban Traffic Management and Control, 2016-2025 (USD Billion)
    • 6.4. Global Traffic Management Market by Adaptive Traffic Control System, 2016-2025 (USD Billion)
    • 6.5. Global Traffic Management Market by Incident Detection and Location System, 2016-2025 (USD Billion)
    • 6.6. Global Traffic Management Market by Journey Time Measurement System, 2016-2025 (USD Billion)
    • 6.7. Global Traffic Management Market by Others, 2016-2025 (USD Billion)
  •  
  • Chapter 7. Traffic Management Market - Regional Analysis
    • 7.1. Global Traffic Management Market: Regional Overview
      • 7.1.1. Global Traffic Management Market Revenue Share, By Region, 2018 & 2025(USD Billion)
    • 7.2. North America
      • 7.2.1. North America Traffic Management Market Revenue 2016-2025 (USD Billion)
      • 7.2.2. North America Traffic Management Market Revenue, By Component, 2016-2025 (USD Billion)
      • 7.2.3. North America Traffic Management Market Revenue, By System, 2016-2025 (USD Billion)
      • 7.2.4. The U.S.
        • 7.2.4.1. The U.S. Traffic Management Market Revenue, by Component, 2016-2025 (USD Billion)
        • 7.2.4.2. The U.S. Traffic Management Market Revenue, by System, 2016-2025 (USD Billion)
      • 7.2.5. Canada
        • 7.2.5.1. Canada Traffic Management Market Revenue, by Component, 2016-2025 (USD Billion)
        • 7.2.5.2. Canada Traffic Management Market Revenue, by System, 2016-2025 (USD Billion)
      • 7.2.6. Mexico
        • 7.2.6.1. Mexico Traffic Management Market Revenue, by Component, 2016-2025 (USD Billion)
        • 7.2.6.2. Mexico Traffic Management Market Revenue, by System, 2016-2025 (USD Billion)
    • 7.3. Europe
      • 7.3.1. Europe Traffic Management Market Revenue 2016-2025 (USD Billion)
      • 7.3.2. Europe Traffic Management Market Revenue, By Component, 2016-2025 (USD Billion)
      • 7.3.3. Europe Traffic Management Market Revenue, By System, 2016-2025 (USD Billion)
      • 7.3.4. UK
        • 7.3.4.1. UK Traffic Management Market Revenue, by Component, 2016-2025 (USD Billion)
        • 7.3.4.2. UK Traffic Management Market Revenue, by System, 2016-2025 (USD Billion)
      • 7.3.5. France
        • 7.3.5.1. France Traffic Management Market Revenue, by Component, 2016-2025 (USD Billion)
        • 7.3.5.2. France Traffic Management Market Revenue, by System, 2016-2025 (USD Billion)
      • 7.3.6. Germany
        • 7.3.6.1. Germany Traffic Management Market Revenue, by Component, 2016-2025 (USD Billion)
        • 7.3.6.2. Germany Traffic Management Market Revenue, by System, 2016-2025 (USD Billion)
      • 7.3.7. Italy
        • 7.3.7.1. Italy Traffic Management Market Revenue, by Component, 2016-2025 (USD Billion)
        • 7.3.7.2. Italy Traffic Management Market Revenue, by System, 2016-2025 (USD Billion)
      • 7.3.8. Spain
        • 7.3.8.1. Spain Traffic Management Market Revenue, by Component, 2016-2025 (USD Billion)
        • 7.3.8.2. Spain Traffic Management Market Revenue, by System, 2016-2025 (USD Billion)
      • 7.3.9. Rest of Europe
        • 7.3.9.1. Rest of Europe Traffic Management Market Revenue, by Component, 2016-2025 (USD Billion)
        • 7.3.9.2. Rest of Europe Traffic Management Market Revenue, by System, 2016-2025 (USD Billion)
    • 7.4. Asia Pacific
      • 7.4.1. Asia Pacific Traffic Management Market Revenue 2016-2025 (USD Billion)
      • 7.4.2. Asia Pacific Traffic Management Market Revenue, By Component, 2016-2025 (USD Billion)
      • 7.4.3. Asia Pacific Traffic Management Market Revenue, By System, 2016-2025 (USD Billion)
      • 7.4.4. China
        • 7.4.4.1. China Traffic Management Market Revenue, by Component, 2016-2025 (USD Billion)
        • 7.4.4.2. China Traffic Management Market Revenue, by System, 2016-2025 (USD Billion)
      • 7.4.5. Japan
        • 7.4.5.1. Japan Traffic Management Market Revenue, by Component, 2016-2025 (USD Billion)
        • 7.4.5.2. Japan Traffic Management Market Revenue, by System, 2016-2025 (USD Billion)
      • 7.4.6. India
        • 7.4.6.1. India Traffic Management Market Revenue, by Component, 2016-2025 (USD Billion)
        • 7.4.6.2. India traffic Management Market Revenue, by System, 2016-2025 (USD Billion)
      • 7.4.7. Australia
        • 7.4.7.1. Australia Traffic Management Market Revenue, by Component, 2016-2025 (USD Billion)
        • 7.4.7.2. Australia Traffic Management Market Revenue, by System, 2016-2025 (USD Billion)
      • 7.4.8. South Korea
        • 7.4.8.1. South Korea Traffic Management Market Revenue, by Component, 2016-2025 (USD Billion)
        • 7.4.8.2. South Korea Traffic Management Market Revenue, by System, 2016-2025 (USD Billion)
      • 7.4.9. Rest of Asia Pacific
        • 7.4.9.1. Rest of Asia Pacific Traffic Management Market Revenue, by Component, 2016-2025 (USD Billion)
        • 7.4.9.2. Rest of Asia Pacific Traffic Management Market Revenue, by System, 2016-2025 (USD Billion)
    • 7.5. Latin America
      • 7.5.1. Latin America traffic Management Market Revenue 2016-2025 (USD Billion)
      • 7.5.2. Latin America Traffic Management Market Revenue, By Component, 2016-2025 (USD Billion)
      • 7.5.3. Latin America traffic Management Market Revenue, By System, 2016-2025 (USD Billion)
      • 7.5.4. Brazil
        • 7.5.4.1. Brazil Traffic Management Market Revenue, by Component, 2016-2025 (USD Billion)
        • 7.5.4.2. Brazil Traffic Management Market Revenue, by System, 2016-2025 (USD Billion)
      • 7.5.5. Argentina
        • 7.5.5.1. Argentina Traffic Management Market Revenue, by Component, 2016-2025 (USD Billion)
        • 7.5.5.2. Argentina Traffic Management Market Revenue, by System, 2016-2025 (USD Billion)
      • 7.5.6. Rest of Latin America
        • 7.5.6.1. Rest of Latin America Traffic Management Market Revenue, by Component, 2016-2025 (USD Billion)
        • 7.5.6.2. Rest of Latin America Traffic Management Market Revenue, by System, 2016-2025 (USD Billion)
    • 7.6. The Middle East and Africa
      • 7.6.1. The Middle East and Africa Traffic Management Market Revenue 2016-2025 (USD Billion)
      • 7.6.2. The Middle East and Africa Traffic Management Market Revenue, by Component, 2016-2025 (USD Billion)
      • 7.6.3. The Middle East and Africa Traffic Management Market Revenue, by System, 2016-2025 (USD Billion)
      • 7.6.4. UAE
        • 7.6.4.1. UAE Traffic Management Market Revenue, by Component, 2016-2025 (USD Billion)
        • 7.6.4.2. UAE Traffic Management Market Revenue, by System, 2016-2025 (USD Billion)
      • 7.6.5. Saudi Arabia
        • 7.6.5.1. Saudi Arabia Traffic Management Market Revenue, by Component, 2016-2025 (USD Billion)
        • 7.6.5.2. Saudi Arabia Traffic Management Market Revenue, by System, 2016-2025 (USD Billion)
      • 7.6.6. South Africa
        • 7.6.6.1. South Africa Traffic Management Market Revenue, by Component, 2016-2025 (USD Billion)
        • 7.6.6.2. South Africa Traffic Management Market Revenue, by System, 2016-2025 (USD Billion)
      • 7.6.7. Rest of MEA
        • 7.6.7.1. Rest of MEA Traffic Management Market Revenue, by Component, 2016-2025 (USD Billion)
        • 7.6.7.2. Rest of MEA Traffic Management Market Revenue, by System, 2016-2025 (USD Billion)
  •  
  • Chapter 8. Company Profiles
    • 8.1. IBM Corporation
      • 8.1.1. Overview
      • 8.1.2. Financials
      • 8.1.3. Product portfolio
      • 8.1.4. Business strategy
      • 8.1.5. Recent developments
    • 8.2. LG CNS
      • 8.2.1. Overview
      • 8.2.2. Financials
      • 8.2.3. Product portfolio
      • 8.2.4. Business strategy
      • 8.2.5. Recent developments
    • 8.3. Siemens AG
      • 8.3.1. Overview
      • 8.3.2. Financials
      • 8.3.3. Product portfolio
      • 8.3.4. Business strategy
      • 8.3.5. Recent developments
    • 8.4. Cisco Systems, Inc.
      • 8.4.1. Overview
      • 8.4.2. Financials
      • 8.4.3. Product portfolio
      • 8.4.4. Business strategy
      • 8.4.5. Recent developments
    • 8.5. Indra Sistemas, S.A.
      • 8.5.1. Overview
      • 8.5.2. Financials
      • 8.5.3. Product portfolio
      • 8.5.4. Business strategy
      • 8.5.5. Recent developments
    • 8.6. Swarco Holding
      • 8.6.1. Overview
      • 8.6.2. Financials
      • 8.6.3. Product portfolio
      • 8.6.4. Business strategy
      • 8.6.5. Recent developments
    • 8.7. Kapsch TrafficCom AG
      • 8.7.1. Overview
      • 8.7.2. Financials
      • 8.7.3. Product portfolio
      • 8.7.4. Business strategy
      • 8.7.5. Recent developments
    • 8.8. Accenture
      • 8.8.1. Overview
      • 8.8.2. Financials
      • 8.8.3. Product portfolio
      • 8.8.4. Business strategy
      • 8.8.5. Recent developments
    • 8.9. Cubic Corporation
      • 8.9.1. Overview
      • 8.9.2. Financials
      • 8.9.3. Product portfolio
      • 8.9.4. Business strategy
      • 8.9.5. Recent developments

Methodology

Free Analysis

The traffic management market is preliminarily driven by the rising demand for commercial vehicles. In 2017, the number of commercial vehicles sold worldwide was 26 million units as compared to 22 million units in 2013. With automotive manufacturers focusing on increasing their vehicle production capacities, the demand for vehicles is anticipated to rise in the upcoming years. In 2017, the total number of vehicles manufactured was 97.3 million units as compared to 87.5 million units in 2013. With technological developments in vehicles, customers are opting for vehicles that offer more comfort. This has led to the demand for solutions that help in reducing traffic congestions on roads.

The rising investments in the transport network and development are fueling the traffic management market growth. In 2017, the European Union declared investments worth USD 1.14 billion for about 40 transport projects. A major portion of these funds, about USD 114 million, is expected to be utilized for upgrading road transport. Furthermore, the government of India has permitted 100% foreign direct investments (FDI) in the road sector. Various foreign organizations have developed partnerships with the key Indian players to leverage their businesses. However, the lack of standardization in these systems may hinder the market in the upcoming years. Alternatively, the growing adoption of “Internet of Things” (IoT) is expected to create new growth horizons for the traffic management market in the future.

Global Traffic Management Market

The global traffic management market is bifurcated based on component and system. By system, the traffic management market is divided into predictive traffic modeling system, urban traffic management, and control, adaptive traffic control system, incident detection and location system, journey time measurement system, and others. The urban traffic management and control segment is anticipated to grow at a prominent rate in the years ahead, owing to the rising adoption of technology in public parking places. By component, the traffic management market is segmented into software, hardware, and services. The software segment will witness considerable demand over the forecast time period, owing to the growing adoption of blockchain technology.

By region, Asia Pacific is expected to hold a significant share of the global traffic management market over the estimated timeframe. India, China, and Japan are expected to generate huge demand for traffic management systems, owing to the rise in the number of smart city projects and increased spending on technology. Latin America will witness substantial growth in the traffic management market over the forecast timeframe, due to the rising expenditure on smart public solutions in Brazil and Argentina.

Some noticeable players of the global traffic management market include IBM Corporation, LG CNS, Siemens AG, Cisco Systems, Inc., Indra Sistemas, S.A., Swarco Holding, Kapsch TrafficCom AG, Accenture, and Cubic Corporation, among others.

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