Traffic Management Market Research Report by Component (Hardware, Services, and Software), by System (Adaptive Traffic Control System, Dynamic Traffic Management System, Incident Detection and Location System, Journey Time Measurement System, and Predictive Traffic Modeling System) – Global Forecast to 2025 – Cumulative Impact of COVID-19
New York, Jan. 13, 2021 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Traffic Management Market Research Report by Component, by System – Global Forecast to 2025 – Cumulative Impact of COVID-19” – https://www.reportlinker.com/p06007643/?utm_source=GNW
Market Statistics:
The report provides market sizing and forecast across five major currencies – USD, EUR GBP, JPY, and AUD. This helps organization leaders make better decisions when currency exchange data is readily available.
1. The Global Traffic Management Market is expected to grow from USD 28,565.79 Million in 2020 to USD 48,982.58 Million by the end of 2025.
2. The Global Traffic Management Market is expected to grow from EUR 25,047.03 Million in 2020 to EUR 42,948.86 Million by the end of 2025.
3. The Global Traffic Management Market is expected to grow from GBP 22,266.86 Million in 2020 to GBP 38,181.63 Million by the end of 2025.
4. The Global Traffic Management Market is expected to grow from JPY 3,048,694.32 Million in 2020 to JPY 5,227,683.19 Million by the end of 2025.
5. The Global Traffic Management Market is expected to grow from AUD 41,481.33 Million in 2020 to AUD 71,129.23 Million by the end of 2025.
Market Segmentation & Coverage:
This research report categorizes the Traffic Management to forecast the revenues and analyze the trends in each of the following sub-markets:
Based on Component, the Traffic Management Market studied across Hardware, Services, and Software. The Hardware further studied across Display Boards, Sensors, and Surveillance Cameras. The Services further studied across Consulting, Deployment & Integration, and Support & Maintenance. The Software further studied across Route Guidance, Smart Signaling, Smart Surveillance, and Traffic Analytics.
Based on System, the Traffic Management Market studied across Adaptive Traffic Control System, Dynamic Traffic Management System, Incident Detection and Location System, Journey Time Measurement System, Predictive Traffic Modeling System, and Urban Traffic Management and Control.
“The Asia-Pacific is projected to witness the highest growth during the forecast period”
Based on Geography, the Traffic Management Market studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas region surveyed across Argentina, Brazil, Canada, Mexico, and United States. The Asia-Pacific region surveyed across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, South Korea, and Thailand. The Europe, Middle East & Africa region surveyed across France, Germany, Italy, Netherlands, Qatar, Russia, Saudi Arabia, South Africa, Spain, United Arab Emirates, and United Kingdom. The Americas commanded the largest size in the Traffic Management Market in 2020. On the other hand, the Asia-Pacific is expected to grow at the fastest CAGR during the forecast period.
Company Usability Profiles:
The report deeply explores the recent significant developments by the leading vendors and innovation profiles in the Global Traffic Management Market including Accenture PLC, Advance Access, Advantech, Cellint, Chetu, Cisco Systems, Inc, Citilog, Cubic Corporation, Dahua Technology, EFKON, Esri, FLIR, Garmin, Gtt, Huawei, IBM Corporation, IMTAC, Indra Sistemas, S.A., INRIX, IntelliVision, Iteris, Jenoptik, Kapsch Trafficcom AG, Lanner Electronics, LG CNS Co. Ltd, Metro Infrasys Private Limited, PTV, Q-Free, Q-Free ASA, Rapid Flow Technologies, Redflex, Savari, Siemens AG, SWARCO, Swarco AG, Telegra Europe, Telit, Tomtom, Transcore, and TRL Software.
Cumulative Impact of COVID-19:
COVID-19 is an incomparable global public health emergency that has affected almost every industry, so for and, the long-term effects projected to impact the industry growth during the forecast period. Our ongoing research amplifies our research framework to ensure the inclusion of underlaying COVID-19 issues and potential paths forward. The report is delivering insights on COVID-19 considering the changes in consumer behavior and demand, purchasing patterns, re-routing of the supply chain, dynamics of current market forces, and the significant interventions of governments. The updated study provides insights, analysis, estimations, and forecast, considering the COVID-19 impact on the market.
360iResearch™ FPNV Positioning Matrix:
The 360iResearch™ FPNV Positioning Matrix evaluates and categorizes the vendors in the Traffic Management Market on the basis of Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape.
360iResearch™ Competitive Strategic Window:
The 360iResearch™ Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies. The 360iResearch™ Competitive Strategic Window helps the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. During a forecast period, it defines the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth.
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and new product developments
The report answers questions such as:
1. What is the market size and forecast of the Global Traffic Management Market?
2. What are the inhibiting factors and impact of COVID-19 shaping the Global Traffic Management Market during the forecast period?
3. Which are the products/segments/applications/areas to invest in over the forecast period in the Global Traffic Management Market?
4. What is the competitive strategic window for opportunities in the Global Traffic Management Market?
5. What are the technology trends and regulatory frameworks in the Global Traffic Management Market?
6. What are the modes and strategic moves considered suitable for entering the Global Traffic Management Market?
Read the full report: https://www.reportlinker.com/p06007643/?utm_source=GNW
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