Smart Traffic Technology Market, Global Outlook and Forecast 2024-2031

Report ID: 1658623 | Published Date: Jan 2025 | No. of Page: 65 | Base Year: 2024 | Rating: 4.8 | Webstory: Check our Web story
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This report contains market size and forecasts of Smart Traffic Technology in Global, including the following market information:
Global Smart Traffic Technology Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Smart Traffic Technology market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period 2022-2028.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Traffic Monitoring Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Smart Traffic Technology include Kapsch Traffic Com AG, Iteris, Cisco Systems, Thales Group, Cubic Corporation, TomTom NV, Siemens AG, EFKON GmbH and SWARCO and etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Smart Traffic Technology companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Smart Traffic Technology Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Smart Traffic Technology Market Segment Percentages, by Type, 2021 (%)
Traffic Monitoring
Traffic Control
Information Provision
Global Smart Traffic Technology Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Smart Traffic Technology Market Segment Percentages, by Application, 2021 (%)
Freeway Management System
Electronic Toll Collection (ETC) System
Tunnel Management Systems
Road Safety & Security Systems
TMS
Others
Global Smart Traffic Technology Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Smart Traffic Technology Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Smart Traffic Technology revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Smart Traffic Technology revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Kapsch Traffic Com AG
Iteris
Cisco Systems
Thales Group
Cubic Corporation
TomTom NV
Siemens AG
EFKON GmbH
SWARCO
IBM Corporation

Frequently Asked Questions
Smart Traffic Technology Market report offers great insights of the market and consumer data and their interpretation through various figures and graphs. Report has embedded global market and regional market deep analysis through various research methodologies. The report also offers great competitor analysis of the industries and highlights the key aspect of their business like success stories, market development and growth rate.
Smart Traffic Technology Market report is categorised based on following features:
  1. Global Market Players
  2. Geopolitical regions
  3. Consumer Insights
  4. Technological advancement
  5. Historic and Future Analysis of the Market
Smart Traffic Technology Market report is designed on the six basic aspects of analysing the market, which covers the SWOT and SWAR analysis like strength, weakness, opportunity, threat, aspirations and results. This methodology helps investors to reach on to the desired and correct decision to put their capital into the market.

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