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Traffic Information Services - Global Market Trajectory & Analytics

  • ID: 2255369
  • Report
  • April 2021
  • Region: Global
  • Global Industry Analysts, Inc

FEATURED COMPANIES

  • Airsage Inc.
  • Cellint
  • Garmin International Inc.
  • HERE Global B.V.
  • INRIX Inc.
  • LG CNS
Global Traffic Information Services Market to Reach $15.2 Billion by 2027

Amid the COVID-19 crisis, the global market for Traffic Information Services estimated at US$6.1 Billion in the year 2020, is projected to reach a revised size of US$15.2 Billion by 2027, growing at a CAGR of 14% over the period 2020-2027.







The U.S. Market is Estimated at $1.6 Billion, While China is Forecast to Grow at 18.2% CAGR

The Traffic Information Services market in the U.S. is estimated at US$1.6 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$3.4 Billion by the year 2027 trailing a CAGR of 18.2% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 9.9% and 12.2% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 11% 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
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 $6.1 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 13.9%, with an estimated value of $15.2 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 $15.2 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. and Infoblu S.p.A..
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Airsage Inc.
  • Cellint
  • Garmin International Inc.
  • HERE Global B.V.
  • INRIX Inc.
  • LG CNS

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
  • Impact of Covid-19 and a Looming Global Recession

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 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 2020 through 2027 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 2012 through 2019 and % CAGR
  • Table 3: World 15-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 2012, 2020 & 2027

III. MARKET ANALYSIS
  • UNITED STATES
  • Table 4: USA Current & Future Analysis for Traffic Information Services by Segment - Traffic Information Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 5: USA Historic Review for Traffic Information Services by Segment - Traffic Information Services Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • CANADA
  • Table 6: Canada Current & Future Analysis for Traffic Information Services by Segment - Traffic Information Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 7: Canada Historic Review for Traffic Information Services by Segment - Traffic Information Services Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • JAPAN
  • Table 8: Japan Current & Future Analysis for Traffic Information Services by Segment - Traffic Information Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 9: Japan Historic Review for Traffic Information Services by Segment - Traffic Information Services Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • CHINA
  • Table 10: China Current & Future Analysis for Traffic Information Services by Segment - Traffic Information Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 11: China Historic Review for Traffic Information Services by Segment - Traffic Information Services Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • EUROPE
  • Table 12: Europe 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 2020 through 2027 and % CAGR
  • Table 13: 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 2012 through 2019 and % CAGR
  • Table 14: Europe 15-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 2012, 2020 & 2027
  • FRANCE
  • Table 15: France Current & Future Analysis for Traffic Information Services by Segment - Traffic Information Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 16: France Historic Review for Traffic Information Services by Segment - Traffic Information Services Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • GERMANY
  • Table 17: Germany Current & Future Analysis for Traffic Information Services by Segment - Traffic Information Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 18: Germany Historic Review for Traffic Information Services by Segment - Traffic Information Services Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • ITALY
  • Table 19: Italy Current & Future Analysis for Traffic Information Services by Segment - Traffic Information Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 20: Italy Historic Review for Traffic Information Services by Segment - Traffic Information Services Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • UNITED KINGDOM
  • Table 21: UK Current & Future Analysis for Traffic Information Services by Segment - Traffic Information Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 22: UK Historic Review for Traffic Information Services by Segment - Traffic Information Services Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • SPAIN
  • Table 23: Spain Current & Future Analysis for Traffic Information Services by Segment - Traffic Information Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 24: Spain Historic Review for Traffic Information Services by Segment - Traffic Information Services Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • RUSSIA
  • Table 25: Russia Current & Future Analysis for Traffic Information Services by Segment - Traffic Information Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 26: Russia Historic Review for Traffic Information Services by Segment - Traffic Information Services Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • REST OF EUROPE
  • Table 27: Rest of Europe Current & Future Analysis for Traffic Information Services by Segment - Traffic Information Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 28: 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 2012 through 2019 and % CAGR
  • ASIA-PACIFIC
  • Table 29: Asia-Pacific 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 2020 through 2027 and % CAGR
  • Table 30: 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 2012 through 2019 and % CAGR
  • Table 31: Asia-Pacific 15-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 2012, 2020 & 2027
  • AUSTRALIA
  • Table 32: Australia Current & Future Analysis for Traffic Information Services by Segment - Traffic Information Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 33: Australia Historic Review for Traffic Information Services by Segment - Traffic Information Services Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • INDIA
  • Table 34: India Current & Future Analysis for Traffic Information Services by Segment - Traffic Information Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 35: India Historic Review for Traffic Information Services by Segment - Traffic Information Services Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • SOUTH KOREA
  • Table 36: South Korea Current & Future Analysis for Traffic Information Services by Segment - Traffic Information Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 37: South Korea Historic Review for Traffic Information Services by Segment - Traffic Information Services Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • REST OF ASIA-PACIFIC
  • Table 38: Rest of Asia-Pacific Current & Future Analysis for Traffic Information Services by Segment - Traffic Information Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 39: 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 2012 through 2019 and % CAGR
  • LATIN AMERICA
  • Table 40: Latin America 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 2020 through 2027 and % CAGR
  • Table 41: 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 2012 through 2019 and % CAGR
  • Table 42: Latin America 15-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 2012, 2020 & 2027
  • ARGENTINA
  • Table 43: Argentina Current & Future Analysis for Traffic Information Services by Segment - Traffic Information Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 44: Argentina Historic Review for Traffic Information Services by Segment - Traffic Information Services Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • BRAZIL
  • Table 45: Brazil Current & Future Analysis for Traffic Information Services by Segment - Traffic Information Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 46: Brazil Historic Review for Traffic Information Services by Segment - Traffic Information Services Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • MEXICO
  • Table 47: Mexico Current & Future Analysis for Traffic Information Services by Segment - Traffic Information Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 48: Mexico Historic Review for Traffic Information Services by Segment - Traffic Information Services Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • REST OF LATIN AMERICA
  • Table 49: Rest of Latin America Current & Future Analysis for Traffic Information Services by Segment - Traffic Information Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 50: 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 2012 through 2019 and % CAGR
  • MIDDLE EAST
  • Table 51: Middle East 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 2020 through 2027 and % CAGR
  • Table 52: 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 2012 through 2019 and % CAGR
  • Table 53: Middle East 15-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 2012, 2020 & 2027
  • IRAN
  • Table 54: Iran Current & Future Analysis for Traffic Information Services by Segment - Traffic Information Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 55: Iran Historic Review for Traffic Information Services by Segment - Traffic Information Services Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • ISRAEL
  • Table 56: Israel Current & Future Analysis for Traffic Information Services by Segment - Traffic Information Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 57: Israel Historic Review for Traffic Information Services by Segment - Traffic Information Services Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • SAUDI ARABIA
  • Table 58: Saudi Arabia Current & Future Analysis for Traffic Information Services by Segment - Traffic Information Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 59: Saudi Arabia Historic Review for Traffic Information Services by Segment - Traffic Information Services Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • UNITED ARAB EMIRATES
  • Table 60: UAE Current & Future Analysis for Traffic Information Services by Segment - Traffic Information Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 61: UAE Historic Review for Traffic Information Services by Segment - Traffic Information Services Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • REST OF MIDDLE EAST
  • Table 62: Rest of Middle East Current & Future Analysis for Traffic Information Services by Segment - Traffic Information Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 63: 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 2012 through 2019 and % CAGR
  • AFRICA
  • Table 64: Africa Current & Future Analysis for Traffic Information Services by Segment - Traffic Information Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 65: Africa Historic Review for Traffic Information Services by Segment - Traffic Information Services Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR

IV. COMPETITION
  • Total Companies Profiled: 54
Note: Product cover images may vary from those shown

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
Note: Product cover images may vary from those shown