Traffic Information Services - Global Market Trajectory & Analytics

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