Traffic Management - Global Strategic Business Report

Global Traffic Management Market to Reach $83 Billion by 2030

The global market for Traffic Management estimated at US$38.2 Billion in the year 2022, is projected to reach a revised size of US$83 Billion by 2030, growing at a CAGR of 10.2% over the analysis period 2022-2030. Solutions, one of the segments analyzed in the report, is projected to record 10.7% CAGR and reach US$41.8 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Hardware segment is readjusted to a revised 9.9% CAGR for the next 8-year period.

The U.S. Market is Estimated at $10.3 Billion, While China is Forecast to Grow at 13.9% CAGR

The Traffic Management market in the U.S. is estimated at US$10.3 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$18.8 Billion by the year 2030 trailing a CAGR of 13.9% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 7.5% and 8.2% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 8% CAGR.

Select Competitors (Total 171 Featured) -

• Accenture PLC
• Cisco Systems, Inc.
• Cubic Corporation
• Indra Sistemas SA
• Iteris, Inc.
• Kapsch TrafficCom AG
• LG CNS Co., Ltd.
• Metro Infrasys Pvt., Ltd.
• Q-Free ASA
• Siemens AG
• SWARCO AG

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