+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Traffic Information Services: Global Strategic Business Report

  • PDF Icon

    Report

  • 279 Pages
  • March 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 2255369

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

Frequently Asked Questions about the Global Market for Traffic Information Services

What is the estimated value of the Global Market for Traffic Information Services?

The Global Market for Traffic Information Services was estimated to be valued at $8.4 Billion in 2020.

What is the growth rate of the Global Market for Traffic Information Services?

The growth rate of the Global Market for Traffic Information Services is 15.6%, with an estimated value of $23.2 Billion by 2027.

What is the forecasted size of the Global Market for Traffic Information Services?

The Global Market for Traffic Information Services is estimated to be worth $23.2 Billion by 2027.

Who are the key companies in the Global Market for Traffic Information Services?

Key companies in the Global Market for Traffic Information Services include 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. and Infoblu S.p.A..

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Traffic Information Services (TIS): An Introductory Prelude
  • Recent Market Activity
  • Alarming Increase in Traffic Congestion Levels Creates Fertile Environment for TIS
  • Key Benefits Offered Augment Market Prospects
  • Improved Traffic Flow
  • Reduced Travel Time & Superior Fuel Mileage
  • Decreased Vehicular Pollution
  • Enhanced Road Safety
  • Developed Regions - The Key Markets
  • Developing Regions to Turbo Charge Future Growth
  • Positive Economic Scenario to Extend Growth Opportunities
  • Global Market Outlook
  • Traffic Information Services - Global Key Competitors Percentage Market Share in 2022 (E)
  • Impact of Covid-19 and a Looming Global Recession
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
2. FOCUS ON SELECT PLAYERS
  • Airsage, Inc. (USA)
  • Alibaba Group Holding Limited (China)
  • Apple Inc. (USA)
  • Beijing Lingtu Software Technology Co., Ltd. (China)
  • Cellint (Israel)
  • Cubic Corporation (USA)
  • Garmin International, Inc. (USA)
  • Google Inc. (USA)
  • Waze Mobile (Israel)
  • Global Traffic Network Inc. (Australia)
  • HERE Global B.V. (Netherlands)
  • Infoblu S.p.A. (Italy)
  • INRIX, Inc. (USA)
  • Kapsch TrafficCom AG (Austria)
  • LG CNS (South Korea)
  • NavInfo Co. Ltd. (China)
  • Q-Free ASA (Norway)
  • Sirius XM Holdings Inc. (USA)
  • TomTom International B.V. (The Netherlands)
  • TrafficCast International, Inc. (USA)
3. MARKET TRENDS & DRIVERS
  • RDS-TMC Broadcasting: The Conventional TIS Platform
  • GPS Navigation Spawns Incredible Demand for TIS
  • Ubiquity of Internet Builds Momentum for Massive Growth
  • Smartphone Enhances Addressable Market for TIS
  • 4G Networks Boost Smartphone’s Role in TIS
  • Big Data Seeks Role in TIS Domain
  • Emphasis on Connected Car Widens Audience Base for TIS
  • Traffic Updates Become Core Feature in On-Board Navigation Systems
  • Uptrend in Automotive Sales Bodes Well
  • TIS Gains Immense Popularity Among Urban Motorists
  • Road Carriers Leverage TIS for Improved Trucking Operations
  • Expanding Role of Telematics in Fleet Management Augurs Well
  • TIS: A Handy Tool for Cab Operators
  • ‘Smart City’ Extends Robust Opportunities
  • Potential Opportunities in New & Upcoming Road Infrastructure Programs
  • Diverse Functionality Improves Proficiency of TIS
  • Expanding Role of Location-Based Intelligence Augments Market Prospects
  • Effectiveness of Data Collection Enhances Accuracy & Appeal of TIS
  • Intrusive Technologies Extend Proficiency in Traffic Measurement
  • Non-Intrusive Methods Gain Wider Traction in Traffic Data Collection
  • Crowd Sourcing Emerges as Viable Tool
  • Growing Importance of Intelligent Transport Systems to Drive Growth
4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Recent Past, Current & Future Analysis for Traffic Information Services by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 2: World Historic Review for Traffic Information Services by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 3: World 16-Year Perspective for Traffic Information Services by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2014, 2023 & 2030
  • Table 4: World Traffic Information Services Market Analysis of Annual Sales in US$ Million for Years 2014 through 2030
III. MARKET ANALYSIS
UNITED STATES
  • Traffic Information Services Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2023 (E)
  • Table 5: USA Recent Past, Current & Future Analysis for Traffic Information Services by Segment - Traffic Information Services - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 6: USA Historic Review for Traffic Information Services by Segment - Traffic Information Services Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
CANADA
  • Table 7: Canada Recent Past, Current & Future Analysis for Traffic Information Services by Segment - Traffic Information Services - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 8: Canada Historic Review for Traffic Information Services by Segment - Traffic Information Services Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
JAPAN
  • Traffic Information Services Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2023 (E)
  • Table 9: Japan Recent Past, Current & Future Analysis for Traffic Information Services by Segment - Traffic Information Services - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 10: Japan Historic Review for Traffic Information Services by Segment - Traffic Information Services Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
CHINA
  • Traffic Information Services Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2023 (E)
  • Table 11: China Recent Past, Current & Future Analysis for Traffic Information Services by Segment - Traffic Information Services - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 12: China Historic Review for Traffic Information Services by Segment - Traffic Information Services Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
EUROPE
  • Traffic Information Services Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2023 (E)
  • Table 13: Europe Recent Past, Current & Future Analysis for Traffic Information Services by Geographic Region - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 14: Europe Historic Review for Traffic Information Services by Geographic Region - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 15: Europe 16-Year Perspective for Traffic Information Services by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets for Years 2014, 2023 & 2030
FRANCE
  • Traffic Information Services Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2023 (E)
  • Table 16: France Recent Past, Current & Future Analysis for Traffic Information Services by Segment - Traffic Information Services - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 17: France Historic Review for Traffic Information Services by Segment - Traffic Information Services Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
GERMANY
  • Traffic Information Services Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2023 (E)
  • Table 18: Germany Recent Past, Current & Future Analysis for Traffic Information Services by Segment - Traffic Information Services - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 19: Germany Historic Review for Traffic Information Services by Segment - Traffic Information Services Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
ITALY
  • Table 20: Italy Recent Past, Current & Future Analysis for Traffic Information Services by Segment - Traffic Information Services - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 21: Italy Historic Review for Traffic Information Services by Segment - Traffic Information Services Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
UNITED KINGDOM
  • Traffic Information Services Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2023 (E)
  • Table 22: UK Recent Past, Current & Future Analysis for Traffic Information Services by Segment - Traffic Information Services - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 23: UK Historic Review for Traffic Information Services by Segment - Traffic Information Services Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
SPAIN
  • Table 24: Spain Recent Past, Current & Future Analysis for Traffic Information Services by Segment - Traffic Information Services - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 25: Spain Historic Review for Traffic Information Services by Segment - Traffic Information Services Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
RUSSIA
  • Table 26: Russia Recent Past, Current & Future Analysis for Traffic Information Services by Segment - Traffic Information Services - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 27: Russia Historic Review for Traffic Information Services by Segment - Traffic Information Services Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
REST OF EUROPE
  • Table 28: Rest of Europe Recent Past, Current & Future Analysis for Traffic Information Services by Segment - Traffic Information Services - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 29: Rest of Europe Historic Review for Traffic Information Services by Segment - Traffic Information Services Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
ASIA-PACIFIC
  • Traffic Information Services Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2023 (E)
  • Table 30: Asia-Pacific Recent Past, Current & Future Analysis for Traffic Information Services by Geographic Region - Australia, India, South Korea and Rest of Asia-Pacific Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 31: Asia-Pacific Historic Review for Traffic Information Services by Geographic Region - Australia, India, South Korea and Rest of Asia-Pacific Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 32: Asia-Pacific 16-Year Perspective for Traffic Information Services by Geographic Region - Percentage Breakdown of Value Sales for Australia, India, South Korea and Rest of Asia-Pacific Markets for Years 2014, 2023 & 2030
AUSTRALIA
  • Traffic Information Services Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Australia for 2023 (E)
  • Table 33: Australia Recent Past, Current & Future Analysis for Traffic Information Services by Segment - Traffic Information Services - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 34: Australia Historic Review for Traffic Information Services by Segment - Traffic Information Services Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
INDIA
  • Traffic Information Services Market Presence - Strong/Active/Niche/Trivial - Key Competitors in India for 2023 (E)
  • Table 35: India Recent Past, Current & Future Analysis for Traffic Information Services by Segment - Traffic Information Services - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 36: India Historic Review for Traffic Information Services by Segment - Traffic Information Services Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
SOUTH KOREA
  • Table 37: South Korea Recent Past, Current & Future Analysis for Traffic Information Services by Segment - Traffic Information Services - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 38: South Korea Historic Review for Traffic Information Services by Segment - Traffic Information Services Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
REST OF ASIA-PACIFIC
  • Table 39: Rest of Asia-Pacific Recent Past, Current & Future Analysis for Traffic Information Services by Segment - Traffic Information Services - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 40: Rest of Asia-Pacific Historic Review for Traffic Information Services by Segment - Traffic Information Services Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
LATIN AMERICA
  • Traffic Information Services Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2023 (E)
  • Table 41: Latin America Recent Past, Current & Future Analysis for Traffic Information Services by Geographic Region - Argentina, Brazil, Mexico and Rest of Latin America Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 42: Latin America Historic Review for Traffic Information Services by Geographic Region - Argentina, Brazil, Mexico and Rest of Latin America Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 43: Latin America 16-Year Perspective for Traffic Information Services by Geographic Region - Percentage Breakdown of Value Sales for Argentina, Brazil, Mexico and Rest of Latin America Markets for Years 2014, 2023 & 2030
ARGENTINA
  • Table 44: Argentina Recent Past, Current & Future Analysis for Traffic Information Services by Segment - Traffic Information Services - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 45: Argentina Historic Review for Traffic Information Services by Segment - Traffic Information Services Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
BRAZIL
  • Table 46: Brazil Recent Past, Current & Future Analysis for Traffic Information Services by Segment - Traffic Information Services - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 47: Brazil Historic Review for Traffic Information Services by Segment - Traffic Information Services Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
MEXICO
  • Table 48: Mexico Recent Past, Current & Future Analysis for Traffic Information Services by Segment - Traffic Information Services - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 49: Mexico Historic Review for Traffic Information Services by Segment - Traffic Information Services Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
REST OF LATIN AMERICA
  • Table 50: Rest of Latin America Recent Past, Current & Future Analysis for Traffic Information Services by Segment - Traffic Information Services - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 51: Rest of Latin America Historic Review for Traffic Information Services by Segment - Traffic Information Services Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
MIDDLE EAST
  • Traffic Information Services Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2023 (E)
  • Table 52: Middle East Recent Past, Current & Future Analysis for Traffic Information Services by Geographic Region - Iran, Israel, Saudi Arabia, UAE and Rest of Middle East Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 53: Middle East Historic Review for Traffic Information Services by Geographic Region - Iran, Israel, Saudi Arabia, UAE and Rest of Middle East Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 54: Middle East 16-Year Perspective for Traffic Information Services by Geographic Region - Percentage Breakdown of Value Sales for Iran, Israel, Saudi Arabia, UAE and Rest of Middle East Markets for Years 2014, 2023 & 2030
IRAN
  • Table 55: Iran Recent Past, Current & Future Analysis for Traffic Information Services by Segment - Traffic Information Services - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 56: Iran Historic Review for Traffic Information Services by Segment - Traffic Information Services Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
ISRAEL
  • Table 57: Israel Recent Past, Current & Future Analysis for Traffic Information Services by Segment - Traffic Information Services - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 58: Israel Historic Review for Traffic Information Services by Segment - Traffic Information Services Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
SAUDI ARABIA
  • Table 59: Saudi Arabia Recent Past, Current & Future Analysis for Traffic Information Services by Segment - Traffic Information Services - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 60: Saudi Arabia Historic Review for Traffic Information Services by Segment - Traffic Information Services Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
UNITED ARAB EMIRATES
  • Table 61: UAE Recent Past, Current & Future Analysis for Traffic Information Services by Segment - Traffic Information Services - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 62: UAE Historic Review for Traffic Information Services by Segment - Traffic Information Services Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
REST OF MIDDLE EAST
  • Table 63: Rest of Middle East Recent Past, Current & Future Analysis for Traffic Information Services by Segment - Traffic Information Services - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 64: Rest of Middle East Historic Review for Traffic Information Services by Segment - Traffic Information Services Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
AFRICA
  • Traffic Information Services Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Africa for 2023 (E)
  • Table 65: Africa Recent Past, Current & Future Analysis for Traffic Information Services by Segment - Traffic Information Services - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 66: Africa Historic Review for Traffic Information Services by Segment - Traffic Information Services Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
IV. COMPETITION

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