Global Traffic Information Services Market to Reach $37.1 Billion by 2030
The global market for Traffic Information Services estimated at US$10.6 Billion in the year 2022, is projected to reach a revised size of US$37.1 Billion by 2030, growing at a CAGR of 17% over the analysis period 2022-2030.The U.S. Market is Estimated at $2.9 Billion, While China is Forecast to Grow at 23% CAGR
The Traffic Information Services market in the U.S. is estimated at US$2.9 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$9.4 Billion by the year 2030 trailing a CAGR of 23% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 11% and 14.2% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 12.4% CAGR.Select Competitors (Total 54 Featured) -
- Airsage Inc.
- Alibaba Group Holding Limited
- Apple Inc.
- Beijing Lingtu Software Technology Co. Ltd.
- Cellint
- Cubic Corporation
- Garmin International Inc.
- Google Inc.
- HERE Global B.V.
- Infoblu S.p.A.
- INRIX Inc.
- Kapsch TrafficCom AG
- LG CNS
- NavInfo Co. Ltd.
- Q-Free ASA
- Sirius XM Holdings Inc.
- TomTom International B.V.
- TrafficCast International Inc.
- Waze Mobile
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
What is the estimated value of the Global Market for Traffic Information Services?
What is the growth rate of the Global Market for Traffic Information Services?
What is the forecasted size of the Global Market for Traffic Information Services?
Who are the key companies in the Global Market for Traffic Information Services?
Report Attribute | Details |
---|---|
No. of Pages | 279 |
Published | March 2024 |
Forecast Period | 2020 - 2027 |
Estimated Market Value ( USD | $ 8.4 Billion |
Forecasted Market Value ( USD | $ 23.2 Billion |
Compound Annual Growth Rate | 15.6% |
Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- Airsage Inc.
- Alibaba Group Holding Limited
- Apple Inc.
- Beijing Lingtu Software Technology Co. Ltd.
- Cellint
- Cubic Corporation
- Garmin International Inc.
- Google Inc.
- HERE Global B.V.
- Infoblu S.p.A.
- INRIX Inc.
- Kapsch TrafficCom AG
- LG CNS
- NavInfo Co. Ltd.
- Q-Free ASA
- Sirius XM Holdings Inc.
- TomTom International B.V.
- TrafficCast International Inc.
- Waze Mobile