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Traffic Information Services - Global Market Trajectory & Analytics

  • ID: 2255369
  • Report
  • July 2020
  • Region: Global
  • 150 Pages
  • Global Industry Analysts, Inc
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Global Traffic Information Services Market to Reach US$15.2 Billion by the Year 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. Accounts for Over 27% of Global Market Size in 2020, While China is Forecast to Grow at a 18.2% CAGR for the Period of 2020-2027

The Traffic Information Services market in the U. S. is estimated at US$1.6 Billion in the year 2020. The country currently accounts for a 26.96% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$3.4 Billion in the year 2027 trailing a CAGR of 18.2% through 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 while Rest of European market (as defined in the study) will reach US$3.4 Billion by the year 2027.The publisher brings years of research experience to this 17th edition of our report. The 150-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Competitors identified in this market include, among others
  • 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

The global analysis and forecast periods covered within the report are 2020-2027 (Current & Future Analysis) and 2012-2019 (Historic Review). Research estimates are provided for 2020, while research projections cover the period 2021-2027.
Note: Product cover images may vary from those shown
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I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

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

Global Competitor Market Shares

Traffic Information Services Competitor Market Share Scenario Worldwide (in %): 2020 & 2029

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: Traffic Information Services Global Market Estimates and Forecasts in US$ Million by Region/Country: 2020-2027
TABLE 2: Traffic Information Services Global Retrospective Market Scenario in US$ Million by Region/Country: 2012-2019
TABLE 3: Traffic Information Services Market Share Shift across Key Geographies Worldwide: 2012 VS 2020 VS 2027

III. MARKET ANALYSIS

GEOGRAPHIC MARKET ANALYSIS

UNITED STATES

Market Facts & Figures

Market Analytics
TABLE 4: United States Traffic Information Services Market Estimates and Projections in US$ Million: 2020 to 2027
TABLE 5: Traffic Information Services Market in the United States: A Historic Review in US$ Million for 2012-2019

CANADA

TABLE 6: Canadian Traffic Information Services Market Estimates and Forecasts in US$ Million: 2020 to 2027
TABLE 7: Canadian Traffic Information Services Historic Market Review in US$ Million: 2012-2019

JAPAN

TABLE 8: Japanese Market for Traffic Information Services: Annual Sales Estimates and Projections in US$ Million for the Period 2020-2027
TABLE 9: Traffic Information Services Market in Japan: Historic Sales Analysis in US$ Million for the Period 2012-2019

CHINA

TABLE 10: Chinese Traffic Information Services Market Growth Prospects in US$ Million for the Period 2020-2027
TABLE 11: Traffic Information Services Historic Market Analysis in China in US$ Million: 2012-2019

EUROPE

TABLE 12: European Traffic Information Services Market Demand Scenario in US$ Million by Region/Country: 2020-2027
TABLE 13: Traffic Information Services Market in Europe: A Historic Market Perspective in US$ Million by Region/Country for the Period 2012-2019
TABLE 14: European Traffic Information Services Market Share Shift by Region/Country: 2012 VS 2020 VS 2027

FRANCE

TABLE 15: Traffic Information Services Market in France: Estimates and Projections in US$ Million for the Period 2020-2027
TABLE 16: French Traffic Information Services Historic Market Scenario in US$ Million:2012-2019

GERMANY

TABLE 17: Traffic Information Services Market in Germany: Recent Past, Current and Future Analysis in US$ Million for the Period 2020-2027
TABLE 18: German Traffic Information Services Historic Market Analysis in US$ Million: 2012-2019

ITALY

TABLE 19: Italian Traffic Information Services Market Growth Prospects in US$ Million for the Period 2020-2027
TABLE 20: Traffic Information Services Historic Market Analysis in Italy in US$ Million:2012-2019

UNITED KINGDOM

TABLE 21: United Kingdom Market for Traffic Information Services: Annual Sales Estimates and Projections in US$ Million for the Period 2020-2027
TABLE 22: Traffic Information Services Market in the United Kingdom: Historic Sales Analysis in US$ Million for the Period 2012-2019

SPAIN

TABLE 23: Spanish Traffic Information Services Market Estimates and Forecasts in US$ Million: 2020 to 2027
TABLE 24: Spanish Traffic Information Services Historic Market Review in US$ Million: 2012-2019

RUSSIA

TABLE 25: Russian Traffic Information Services Market Estimates and Projections in US$ Million: 2020 to 2027
TABLE 26: Traffic Information Services Market in Russia: A Historic Review in US$ Million for 2012-2019

REST OF EUROPE

TABLE 27: Rest of Europe Traffic Information Services Market Estimates and Forecasts in US$ Million: 2020-2027
TABLE 28: Traffic Information Services Market in Rest of Europe in US$ Million: A Historic Review for the Period 2012-2019

ASIA-PACIFIC

TABLE 29: Asia-Pacific Traffic Information Services Market Estimates and Forecasts in US$ Million by Region/Country: 2020-2027
TABLE 30: Traffic Information Services Market in Asia-Pacific: Historic Market Analysis in US$ Million by Region/Country for the Period 2012-2019
TABLE 31: Asia-Pacific Traffic Information Services Market Share Analysis by Region/Country: 2012 VS 2020 VS 2027

AUSTRALIA

TABLE 32: Traffic Information Services Market in Australia: Recent Past, Current and Future Analysis in US$ Million for the Period 2020-2027
TABLE 33: Australian Traffic Information Services Historic Market Analysis in US$ Million: 2012-2019

INDIA

TABLE 34: Indian Traffic Information Services Market Estimates and Forecasts in US$ Million: 2020 to 2027
TABLE 35: Indian Traffic Information Services Historic Market Review in US$ Million: 2012-2019

SOUTH KOREA

TABLE 36: Traffic Information Services Market in South Korea: Recent Past, Current and Future Analysis in US$ Million for the Period 2020-2027
TABLE 37: South Korean Traffic Information Services Historic Market Analysis in US$ Million: 2012-2019

REST OF ASIA-PACIFIC

TABLE 38: Rest of Asia-Pacific Market for Traffic Information Services: Annual Sales Estimates and Projections in US$ Million for the Period 2020-2027
TABLE 39: Traffic Information Services Market in Rest of Asia-Pacific: Historic Sales Analysis in US$ Million for the Period 2012-2019

LATIN AMERICA

TABLE 40: Latin American Traffic Information Services Market Trends by Region/Country in US$ Million: 2020-2027
TABLE 41: Traffic Information Services Market in Latin America in US$ Million by Region/Country: A Historic Perspective for the Period 2012-2019
TABLE 42: Latin American Traffic Information Services Market Percentage Breakdown of Sales by Region/Country: 2012, 2020, and 2027

ARGENTINA

TABLE 43: Argentinean Traffic Information Services Market Estimates and Forecasts in US$ Million: 2020-2027
TABLE 44: Traffic Information Services Market in Argentina in US$ Million: A Historic Review for the Period 2012-2019

BRAZIL

TABLE 45: Traffic Information Services Market in Brazil: Estimates and Projections in US$ Million for the Period 2020-2027
TABLE 46: Brazilian Traffic Information Services Historic Market Scenario in US$ Million: 2012-2019

MEXICO

TABLE 47: Traffic Information Services Market in Mexico: Recent Past, Current and Future Analysis in US$ Million for the Period 2020-2027
TABLE 48: Mexican Traffic Information Services Historic Market Analysis in US$ Million: 2012-2019

REST OF LATIN AMERICA

TABLE 49: Rest of Latin America Traffic Information Services Market Estimates and Projections in US$ Million: 2020 to 2027
TABLE 50: Traffic Information Services Market in Rest of Latin America: A Historic Review in US$ Million for 2012-2019

MIDDLE EAST

TABLE 51: The Middle East Traffic Information Services Market Estimates and Forecasts in US$ Million by Region/Country: 2020-2027
TABLE 52: Traffic Information Services Market in the Middle East by Region/Country in US$ Million: 2012-2019
TABLE 53: The Middle East Traffic Information Services Market Share Breakdown by Region/Country: 2012, 2020, and 2027

IRAN

TABLE 54: Iranian Market for Traffic Information Services: Annual Sales Estimates and Projections in US$ Million for the Period 2020-2027
TABLE 55: Traffic Information Services Market in Iran: Historic Sales Analysis in US$ Million for the Period 2012-2019

ISRAEL

TABLE 56: Israeli Traffic Information Services Market Estimates and Forecasts in US$ Million: 2020-2027
TABLE 57: Traffic Information Services Market in Israel in US$ Million: A Historic Review for the Period 2012-2019

SAUDI ARABIA

TABLE 58: Saudi Arabian Traffic Information Services Market Growth Prospects in US$ Million for the Period 2020-2027
TABLE 59: Traffic Information Services Historic Market Analysis in Saudi Arabia in US$ Million: 2012-2019

UNITED ARAB EMIRATES

TABLE 60: Traffic Information Services Market in the United Arab Emirates: Recent Past, Current and Future Analysis in US$ Million for the Period 2020-2027
TABLE 61: United Arab Emirates Traffic Information Services Historic Market Analysis in US$ Million: 2012-2019

REST OF MIDDLE EAST

TABLE 62: Traffic Information Services Market in Rest of Middle East: Recent Past, Current and Future Analysis in US$ Million for the Period 2020-2027
TABLE 63: Rest of Middle East Traffic Information Services Historic Market Analysis in US$ Million: 2012-2019

AFRICA

TABLE 64: African Traffic Information Services Market Estimates and Projections in US$ Million: 2020 to 2027
TABLE 65: Traffic Information Services Market in Africa: A Historic Review in US$ Millionfor 2012-2019

IV. COMPETITION

Total Companies Profiled: 54

Note: Product cover images may vary from those shown
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