Traffic Management Market by Software (Smart Signaling, Route Guidance, Traffic Analytics, and Smart Surveillance), Hardware (Display Boards, Sensors, Surveillance Cameras, and Others), Service, System, and Region - Global Forecast to 2022

  • ID: 4308956
  • Report
  • Region: Global
  • 173 Pages
  • Markets and Markets
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The Traffic Management Market Size is Projected to Grow from USD 22.96 Billion in 2017 to USD 59.48 Billion by 2022 at a CAGR of 21.0%

FEATURED COMPANIES

  • Atkins Group (London, UK)
  • Citilog (Arcueil, France)
  • EFKON AG (Raaba, Austria)
  • Esri (California, US)
  • MORE

"Factors such as high demographic growth and hyper urbanization in developing countries, and government initiatives for traffic management under smart cities models are some of the factors driving the traffic management market"

The traffic management market size is estimated to grow from USD 22.96 billion in 2017 to USD 59.48 billion by 2022, at a Compound Annual Growth Rate (CAGR) of 21.0%. The market is driven by factors, such as the availability of hardware and connectivity devices at affordable cost, rising need for real-time information system, high demographic growth and hyperurbanization in developing countries, and government initiatives for traffic management under smart cities models. However, the traffic operators face various obstacles while adopting cloud traffic management solutions, such as security concerns, data protection, and lack of a standardized and uniform technology for traffic management.

"Dynamic Traffic Management System (DTMS) is expected to have the fastest growth rate during the forecast period"

There has been an increasing demand for traffic management systems, specifically for the dynamic traffic management that simulates various traffic data gathered by multiple sensors, cameras, and software. In addition, with the growing deployment of traffic management systems among traffic control and management operators, the demand for DTMS has grown exponentially. This system helps traffic operators to control and manage traffic more dynamically, eliminating any security risk and logistical cost associated with the traditional traffic management systems.

"Surveillance camera is expected to have the largest market size during the forecast period"

Surveillance camera is an innovative and extremely useful video surveillance technology in traffic monitoring and control. It is placed at the top of traffic signals along busy roads and at busy intersections of highways. These cameras record traffic patterns for future studies, observe and monitor the traffic flow, and issue tickets in case anybody violates the rule. Traffic cameras are an extremely popular form of video surveillance. Surveillance cameras offer several advantages to commuters. They provide valuable data of traffic and vehicles, which is maintained by the state departments of transportation. Footages captured by cameras, such as road monitoring and accidents are influential in decisions regarding future development and traffic planning.

"Asia Pacific (APAC) is projected to grow at the highest CAGR"

Europe is expected to hold the largest market share in 2017, while APAC is the fastest-growing region, in terms of CAGR. The increased urbanization has resulted in traffic congestions. High adoption of solutions to minimize congestions, along with better traffic management and control, has led to a wider demand of traffic management solutions in the APAC region. The adoption of traffic management solutions has increased due to the ongoing and emerging smart cities and smart transportation projects, which has led APAC to become a highly potential market.

The break-up profiles of primary participants are given below as:

  • By company: Tier 1 - 39%, Tier 2 - 34%, and Tier 3 - 27%
  • By designation: C-level - 72%, Director level - 19%, and Others - 9%
  • By region: North America - 21%, Europe - 37%, APAC - 26%, and RoW- 16%

Various key traffic management providers in the report are:

1. Accenture PLC (Dublin, Ireland)
2. Atkins Group (London, UK)
3. Cellint (Tel Aviv, Israel)
4. Cisco Systems, Inc. (California, US)
5. Citilog (Arcueil, France)
6. Cubic Corporation (California, US)
7. EFKON AG (Raaba, Austria)
8. Esri (California, US)
9. FLIR Systems, Inc. (Oregon, US)
10. IBM Corporation (New York, US)
11. Indra Sistemas, S.A. (Madrid, Spain)
12. Industrial Management Technology & Contracting (IMTAC) LLC (Muscat, Sultanate of Oman)
13. IntelliVision Technologies (California, US)
14. Iteris, Inc. (Delaware, US)
15. Jenoptik AG (Jena, Germany)
16. Kapsch TrafficCom AG (Vienna, Austria)
17. Lanner Electronics Inc. (New Taipei, Taiwan)
18. LG CNS Co. Ltd. (Seoul, South Korea)
19. Metro Infrasys Pvt. Ltd. (New Delhi, India)
20. PTV Planung Transport Verkehr AG (Baden-Württemberg, Germany)
21. Q-Free ASA (Trondheim, Norway)
22. Siemens AG (Munich, Germany)
23. SWARCO AG (Wattens, Austria)
24. TransCore, LP (Pennsylvania, US)
25. Savari, Inc. (California, US)

Research Coverage

The traffic management market has been segmented on the basis ofsystems, software, hardware, services, and regions. A detailed analysis of the key industry players has been done to provide key insights into their business overviews; products and services; key strategies; new product launches; partnerships, agreements, and collaborations; business expansions; and competitive landscape associated with the traffic management market.

The report will help the market leaders/new entrants in this market in the following ways:

  • This report segments the traffic management market comprehensively and provides the closest approximations of the revenue numbers for the overall market and the subsegments across different regions.
  • This report helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.
  • This report will help stakeholders to better understand the competitors and gain more insights to enhance their position in the business. The competitive landscape section includes competitor ecosystem, new product developments, partnerships, and mergers and acquisitions.
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Atkins Group (London, UK)
  • Citilog (Arcueil, France)
  • EFKON AG (Raaba, Austria)
  • Esri (California, US)
  • MORE
1 Introduction
1.1 Objectives of the Study
1.1.1 Business Intelligence
1.1.2 Competitive Intelligence
1.2 Market Definition
1.3 Market Scope
1.4 Years Considered for the Study
1.5 Currency
1.6 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1.1 Breakdown of Primaries
2.1.1.2 Key Industry Insights
2.2 Market Size Estimation
2.3 Microquadrant Methodology
2.4 Research Assumptions and Limitations
2.4.1 Assumptions
2.4.2 Limitations

3 Executive Summary

4 Premium Insights
4.1 Attractive Market Opportunities in the Traffic Management Market
4.2 Traffic Management Market, By System, 2017–2022
4.3 Market, By Solution, 2017–2022
4.4 Market, By Software, 2017–2022
4.5 Market, By Hardware, 2017–2022
4.6 Market, By Service, 2017–2022
4.7 Market, By Region, 2017
4.8 Life Cycle Analysis, By Region

5 Market Overview and Industry Trends
5.1 Introduction
5.2 Traffic Management Projects
5.2.1 Smart City Bhubaneswar India
5.2.2 Cavite-Laguna Expressway (Calax) Philippines
5.2.3 Sheikh Jaber Al-Ahmed Al-Sabah Causeway Kuwait
5.2.4 Vilnius Traffic Management System Lithuania
5.2.5 Thompsons Roadways Project, Melbourne Australia
5.2.6 Elizabeth River Tunnels Project United States
5.2.7 Inuvik to TuKToyaKTuk Highway Projects Canada
5.2.8 Cost Road Junction Upgrade United Kingdom
5.2.9 Smart City Kochi India
5.3 Market Dynamics
5.3.1 Drivers
5.3.1.1 Availability of Hardware and Connectivity Devices at Affordable Cost
5.3.1.2 High Demographic Growth and Hyper-Urbanization in Developing Countries
5.3.1.3 Government Initiatives for Traffic Management Under Smart Cities Models
5.3.1.4 Rising Need for Real-Time Information System
5.3.2 Restraints
5.3.2.1 Lack of Standardized and Uniform Technology
5.3.3 Challenges
5.3.3.1 Data Fusions Challenges Due to Multiple Sensors and Touch Points in Traffic Management Systems
5.3.3.2 High Security Risks
5.3.3.3 Reshaping Legacy Infrastructure Into Smart Traffic Solutions
5.3.4 Opportunities
5.3.4.1 Emergence of Iot
5.3.4.2 Adoption of Edge Analytics in Traffic Management System

6 Traffic Management Market Analysis, By Solution
6.1 Introduction

7 Traffic Management Market Analysis, By Software
7.1 Introduction
7.2 Smart Signaling
7.3 Route Guidance
7.4 Traffic Analytics
7.5 Smart Surveillance
7.5.1 Video Management Software
7.5.2 Video Analytics
7.5.2.1 Video Analytics, By Application
7.5.2.1.1 Anpr
7.5.2.1.2 Facial Recognition
7.5.2.1.3 Pedestrian Detection
7.5.2.1.4 Incident Detection

8 Traffic Management Market Analysis, By Hardware
8.1 Introduction
8.2 Display Boards
8.3 Sensors
8.3.1 Vehicle Detection Sensors
8.3.2 Pedestrian Presence Sensors
8.3.3 Speed Sensors
8.4 Surveillance Cameras
8.5 Others

9 Traffic Management Market Analysis, By Service
9.1 Introduction
9.2 Consulting
9.3 Deployment and Integration
9.4 Support and Maintenance

10 Traffic Management Market Analysis, By System
10.1 Introduction
10.2 Urban Traffic Management and Control
10.3 Adaptive Traffic Control System
10.4 Journey Time Measurement System
10.5 Predictive Traffic Modeling System
10.6 Incident Detection and Location System
10.7 Dynamic Traffic Management System

11 Geographic Analysis
11.1 Introduction
11.2 North America
11.3 Europe
11.4 Asia Pacific
11.5 Middle East and Africa
11.6 Latin America

12 Competitive Landscape
12.1 Microquadrant Overview
12.1.1 Visionary Leaders
12.1.2 Innovators
12.1.3 Dynamic Differentiators
12.1.4 Emerging Companies
12.2 Competitive Benchmarking
12.2.1 Strength of Product Portfolio
12.2.2 Business Strategy Excellence

13 Company Profiles
(Business Overview, Products & Services, Key Insights, Recent Developments,)*
13.1 Cisco Systems, Inc.
13.2 Swarco AG
13.3 Siemens AG
13.4 International Business Machines Corporation
13.5 Kapsch Trafficcom AG
13.6 Q-Free ASA
13.7 LG CNS Co. Ltd.
13.8 Indra Sistemas, S.A.
13.9 Metro Infrasys Private Limited
13.10 Cubic Corporation
13.11 Accenture PLC
13.12 Iteris, Inc.
13.13 Cellint

*Details on Business Overview, Products & Services, Key Insights, Recent Developments, Might Not Be Captured in Case of Unlisted Companies.

14 Appendix
14.1 Discussion Guide

List of Tables

Table 1 United States Dollar Exchange Rate, 2014–2016
Table 2 Traffic Management Market Size, By Solution, 2015–2022 (USD Million)
Table 3 Traffic Management Market Size, By Software, 2015–2022 (USD Million)
Table 4 Software: Traffic Management Market Size, By Region, 2015–2022 (USD Million)
Table 5 Smart Signaling: Market Size, By Region, 2015–2022 (USD Million)
Table 6 Route Guidance: Market Size, By Region, 2015–2022 (USD Million)
Table 7 Traffic Analytics: Market Size, By Region, 2015–2022 (USD Million)
Table 8 Smart Surveillance: Market Size, By Type, 2015–2022 (USD Million)
Table 9 Smart Surveillance: Market Size, By Region, 2015–2022 (USD Million)
Table 10 Video Management Software: Traffic Management Market Size, By Region, 2015–2022 (USD Million)
Table 11 Video Analytics: Market Size, By Region, 2015–2022 (USD Million)
Table 12 Video Analytics: Market Size, By Application, 2015–2022 (USD Million)
Table 13 Video Analytics Applications: Market Size, By Region, 2015–2022 (USD Million)
Table 14 Automatic Number Plate Recognition: Traffic Management Market Size, By Region, 2015–2022 (USD Million)
Table 15 Facial Recognition: Market Size, By Region, 2015–2022 (USD Million)
Table 16 Pedestrian Detection: Market Size, By Region,  2015–2022 (USD Million)
Table 17 Incident Detection:Market Size, By Region, 2015–2022 (USD Million)
Table 18 Hardware: Market Size, By Type, 2015–2022 (USD Million)
Table 19 Hardware: Market Size, By Region, 2015–2022 (USD Million)
Table 20 Display Boards: Market Size, By Region, 2015–2022 (USD Million)
Table 21 Sensors: Market Size, By Type, 2015–2022 (USD Million)
Table 22 Sensors: Market Size, By Region, 2015–2022 (USD Million)
Table 23 Vehicle Detection Sensors: Market Size, By Region, 2015–2022 (USD Million)
Table 24 Pedestrian Presence Sensors: Market Size, By Region, 2015–2022 (USD Million)
Table 25 Speed Sensors: Market Size, By Region, 2015–2022 (USD Million)
Table 26 Surveillance Cameras: Traffic Management Market Size, By Region, 2015–2022 (USD Million)
Table 27 Others: Market Size, By Region, 2015–2022 (USD Million)
Table 28 Services: Traffic Management Market Size, By Type, 2015–2022 (USD Million)
Table 29 Services: Market Size, By Region, 2015–2022 (USD Million)
Table 30 Consulting: Traffic Management Market Size, By Region, 2015–2022 (USD Million)
Table 31 Deployment and Integration: Traffic Management Market Size, By Region, 2015–2022 (USD Million)
Table 32 Support and Maintenance: Traffic Management Market Size, By Region,  2015–2022 (USD Million)
Table 33 Systems: Traffic Management Market Size, By Type, 2015–2022 (USD Million)
Table 34 Systems: Market Size, By Region, 2015–2022 (USD Million)
Table 35 Urban Traffic Management and Control: Traffic Management Market Size,  By Region, 2015–2022 (USD Million)
Table 36 Adaptive Traffic Control System: Market Size, By Region, 2015–2022 (USD Million)
Table 37 Journey Time Measurement System: Market Size,  By Region, 2015–2022 (USD Million)
Table 38 Predictive Traffic Modeling System: Market Size,  By Region, 2015-2022 (USD Million)
Table 39 Incident Detection and Location System: Market Size,  By Region, 2015–2022 (USD Million)
Table 40 Dynamic Traffic Management System: Traffic Management Market Size,  By Region, 2015–2022 (USD Million)
Table 41 Traffic Management Market Size, By Region, 2015–2022 (USD Million)
Table 42 North America: Traffic Management Market Size, By Type, 2015–2022 (USD Million)
Table 43 North America: Market Size, By Software, 2015–2022 (USD Million)
Table 44 North America: Market Size, By Smart Surveillance, 2015–2022 (USD Million)
Table 45 North America: Market Size, By Video Analytics,  2015–2022 (USD Million)
Table 46 North America: Market Size, By Hardware, 2015–2022 (USD Million)
Table 47 North America: Market Size, By Sensor, 2015–2022 (USD Million)
Table 48 North America: Market Size, By Service, 2015–2022 (USD Million)
Table 49 North America: Market Size, By System, 2015–2022 (USD Million)
Table 50 Europe: Traffic Management Market Size, By Type, 2015–2022 (USD Million)
Table 51 Europe: Market Size, By Software, 2015-2022 (USD Million)
Table 52 Europe: Market Size, By Smart Surveillance, 2015-2022 (USD Million)
Table 53 Europe: Market Size, By Video Analytics, 2015–2022 (USD Million)
Table 54 Europe: Market Size, By Hardware, 2015–2022 (USD Million)
Table 55 Europe: Market Size, By Sensor, 2015–2022 (USD Million)
Table 56 Europe: Market Size, By Service, 2015–2022 (USD Million)
Table 57 Europe: Market Size, By System, 2015–2022 (USD Million)
Table 58 Asia Pacific: Traffic Management Market Size, By Type, 2015–2022 (USD Million)
Table 59 Asia Pacific: Market Size, By Software, 2015–2022 (USD Million)
Table 60 Asia Pacific: Market Size, By Smart Surveillance,  2015–2022 (USD Million)
Table 61 Asia Pacific: Market Size, By Video Analytics, 2015–2022 (USD Million)
Table 62 Asia Pacific: Market Size, By Hardware, 2015–2022 (USD Million)
Table 63 Asia Pacific: Market Size, By Sensor, 2015–2022 (USD Million)
Table 64 Asia Pacific: Market Size, By Service, 2015–2022 (USD Million)
Table 65 Asia Pacific: Market Size, By System, 2015–2022 (USD Million)
Table 66 Middle East and Africa: Traffic Management Market Size, By Type, 2015-2022 (USD Million)
Table 67 Middle East and Africa: Market Size, By Software,  2015-2022 (USD Million)
Table 68 Middle East and Africa: Market Size, By Smart Surveillance, 2015–2022 (USD Million)
Table 69 Middle East and Africa: Market Size, By Video Analytics, 2015-2022 (USD Million)
Table 70 Middle East and Africa: Market Size, By Hardware,  2015–2022 (USD Million)
Table 71 Middle East and Africa: Market Size, By Sensor, 2015–2022 (USD Million)
Table 72 Middle East and Africa: Market Size, By Service, 2015–2022 (USD Million)
Table 73 Middle East and Africa: Market Size, By System, 2015–2022 (USD Million)
Table 74 Latin America: Traffic Management Market Size, By Type,  2015–2022 (USD Million)
Table 75 Latin America: Market Size, By Software, 2015–2022 (USD Million)
Table 76 Latin America: Market Size, By Smart Surveillance, 2015–2022 (USD Million)
Table 77 Latin America: Market Size, By Video Analytics, 2015–2022 (USD Million)
Table 78 Latin America: Market Size, By Hardware, 2015–2022 (USD Million)
Table 79 Latin America: Market Size, By Sensor, 2015–2022 (USD Million)
Table 80 Latin America: Market Size, By Service, 2015–2022 (USD Million)
Table 81 Latin America: Market Size, By System, 2015–2022 (USD Million)
Table 82 Market Ranking for the Traffic Management Market, 2017

List of Figures

Figure 1 Global Traffic Management Market: By Solution
Figure 2 Global Traffic Management Market: By System
Figure 3 Regional Scope
Figure 4 Global Traffic Management Market: Research Design
Figure 5 Research Methodology
Figure 6 Data Triangulation
Figure 7 Market Size Estimation Methodology: Bottom-Up Approach
Figure 8 Market Size Estimation Methodology: Top-Down Approach
Figure 9 Microquadrant Matrix: Criteria Weightage
Figure 10 Dynamic Traffic Management System is Estimated to Have the Highest Growth Rate in the Traffic Management Market
Figure 11 Europe is Estimated to Hold the Largest Market Share in 2017
Figure 12 Fastest-Growing Segments of the Traffic Management Market
Figure 13 Emergence of IoT Technology Offers Attractive Market Opportunities
Figure 14 Journey Time Measurement System is Expected to Hold the Largest Market Share in 2017
Figure 15 Hardware Segment is Expected to Hold the Largest Market Share in 2017
Figure 16 Smart Signaling Software is Expected to Hold the Largest Market Share in 2017
Figure 17 Surveillance Cameras Segment is Expected to Hold the Largest Market Share During the Forecast Period
Figure 18 Deployment and Integration Service is Expected to Hold the Largest Market Share During the Forecast Period
Figure 19 Europe is Expected to Hold the Largest Market Share in 2017
Figure 20 The Traffic Management Market has Immense Opportunities for Growth in Asia Pacific
Figure 21 Traffic Management Market: Drivers, Restraints, Opportunities, and Challenges
Figure 22 Traffic Management Solutions
Figure 23 Software Segment is Expected to Hold the Largest  Market Size By 2022
Figure 24 Route Guidance Software is Expected to Hold the Largest Market Size By 2022
Figure 25 Video Analytics Applications in the Traffic Management Market
Figure 26 Surveillance Cameras Hardware is Expected to Hold the Largest Market Size During the Forecast Period
Figure 27 Deployment and Integration Services Segment is Expected to Hold the Largest Market Size During the Forecast Period
Figure 28 JTMS System is Expected to Hold the Largest Market Size During the Forecast Period
Figure 29 Urban Traffic Management and Control System
Figure 30 Adaptive Traffic Control System
Figure 31 Structure of Journey Time Measurement System
Figure 32 Europe is Expected to Hold the Largest Market Size During the Forecast Period
Figure 33 Asia Pacific: Hotspot for Traffic Management Market During the Forecast Period
Figure 34 Europe Market Snapshot
Figure 35 Asia Pacific Market Snapshot
Figure 36 Traffic Management Market (Global) Competitive Leadership  Mapping, 2017
Figure 37 Cisco Systems, Inc.: Company Snapshot
Figure 38 Cisco Systems, Inc.: Strength of Product Portfolio Scorecard
Figure 39 Cisco Systems, Inc.: Business Strategy Excellence Scorecard
Figure 40 Swarco AG: Strength of Product Portfolio Scorecard
Figure 41 Swarco AG: Business Strategy Excellence Scorecard
Figure 42 Siemens AG: Company Snapshot
Figure 43 Siemens AG: Strength of Product Portfolio Scorecard
Figure 44 Siemens AG: Business Strategy Excellence Scorecard
Figure 45 International Business Machines Corporation: Company Snapshot
Figure 46 International Business Machines Corporation: Strength of Product Portfolio Scorecard
Figure 47 International Business Machines Corporation: Business Strategy Excellence Scorecard
Figure 48 Kapsch Trafficcom AG: Company Snapshot
Figure 49 Kapsch Trafficcom AG: Strength of Product Portfolio Scorecard
Figure 50 Kapsch Trafficcom AG: Business Strategy Excellence Scorecard
Figure 51 Q-Free ASA: Company Snapshot
Figure 52 Q-Free ASA: Strength of Product Portfolio Scorecard
Figure 53 Q-Free ASA: Business Strategy Excellence Scorecard
Figure 54 LG CNS Co. Ltd.: Company Snapshot
Figure 55 LG CNS Co. Ltd.: Strength of Product Portfolio Scorecard
Figure 56 LG CNS Co. Ltd.: Business Strategy Excellence Scorecard
Figure 57 Indra Sistemas, S.A.: Company Snapshot
Figure 58 Indra Sistemas, S.A.: Strength of Product Portfolio Scorecard
Figure 59 Indra Sistemas, S.A.: Business Strategy Excellence Scorecard
Figure 60 Metro Infrasys Private Limited: Strength of Product Portfolio Scorecard
Figure 61 Metro Infrasys Private Limited: Business Strategy Excellence Scorecard
Figure 62 Cubic Corporation: Company Snapshot
Figure 63 Cubic Corporation: Strength of Product Portfolio Scorecard
Figure 64 Cubic Corporation: Business Strategy Excellence Scorecard
Figure 65 Accenture PLC: Company Snapshot
Figure 66 Accenture PLC: Strength of Product Portfolio Scorecard
Figure 67 Accenture PLC: Business Strategy Excellence Scorecard
Figure 68 Iteris, Inc.: Company Snapshot
Figure 69 Iteris, Inc.: Strength of Product Portfolio Scorecard
Figure 70 Iteris, Inc.: Business Strategy Excellence Scorecard
Figure 71 Cellint: Strength of Product Portfolio Scorecard
Figure 72 Cellint: Business Strategy Excellence Scorecard
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  • Accenture PLC (Dublin, Ireland)
  • Atkins Group (London, UK)
  • Cellint (Tel Aviv, Israel)
  • Cisco Systems, Inc. (California, US)
  • Citilog (Arcueil, France)
  • Cubic Corporation (California, US)
  • EFKON AG (Raaba, Austria)
  • Esri (California, US)
  • FLIR Systems, Inc. (Oregon, US)
  • IBM Corporation (New York, US)
  • Indra Sistemas, S.A. (Madrid, Spain)
  • Industrial Management Technology & Contracting (IMTAC) LLC (Muscat, Sultanate of Oman)
  • IntelliVision Technologies (California, US)
  • Iteris, Inc. (Delaware, US)
  • Jenoptik AG (Jena, Germany)
  • Kapsch TrafficCom AG (Vienna, Austria)
  • LG CNS Co. Ltd. (Seoul, South Korea)
  • Lanner Electronics Inc. (New Taipei, Taiwan)
  • Metro Infrasys Pvt. Ltd. (New Delhi, India)
  • PTV Planung Transport Verkehr AG (Baden-Württemberg, Germany)
  • Q-Free ASA (Trondheim, Norway)
  • SWARCO AG (Wattens, Austria)
  • Savari, Inc. (California, US)
  • Siemens AG (Munich, Germany)
  • TransCore, LP (Pennsylvania, US)
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