Global Traffic Management Market Development, Key Manufacturers and Forecast by 2025
The Insight Partners added “Traffic Management Market to 2025 - Global Analysis and Forecasts by Solution and Detection” to its research database. The report is spread across 150 pages and supported by 10 company leaders.
(EMAILWIRE.COM, November 20, 2017 ) Today, majority of population travelling on daily basis face the problem of traffic. Due to rising level in number of vehicles running on road, the traffic congestion has become intolerable resulting in emergence of effective and efficient traffic management system.
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Rapid growth in sales of commercial vehicles and passenger cars, rising number of travelers, bolstering tourism industry and increasing road accidents are some of the major factors driving the traffic management market. The trending intermodal traffic management systems, increasing commercial drones’ demand, growing demand for vehicle-to-infrastructure (V2I) and vehicle-to-vehicle (V2V) communication and rising need of innovative smart parking management is expected to drive the growth of global traffic management market next few years.
Deployment of data analytical tools for real-time traffic management, and route guidance, JTM (Journey Time Monitoring), etc., by travelers on mobile devices such as smartphones and tablets are emerging as the vital functional areas that are increasing the usage of traffic management technology. Some of the limitations faced by the traffic management market are lack of transformation and funding interruption. The alteration of the traffic management technology would require the installation of new system, hardware and solutions. The emerging numbers of smart cities and the IoT technology is expected to open new opportunities for the market.
Traffic Management Market Key Players
IBM Corporation
GE Transportation.
TraffiCom
Cisco Systems Inc.
Siemens AG
Kapsch AG
LG CNS
Cubic Corporation
Cellint Traffic Solution
View Complete Report at http://www.theinsightpartners.com/reports/traffic-management-market
About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Media, and Telecommunication industries.
Contact Us:
Call: +1-646-491-9876
Email: sales@theinsightpartners.com
Request a Sample Report at http://www.theinsightpartners.com/sample/TIPTE100000196
Rapid growth in sales of commercial vehicles and passenger cars, rising number of travelers, bolstering tourism industry and increasing road accidents are some of the major factors driving the traffic management market. The trending intermodal traffic management systems, increasing commercial drones’ demand, growing demand for vehicle-to-infrastructure (V2I) and vehicle-to-vehicle (V2V) communication and rising need of innovative smart parking management is expected to drive the growth of global traffic management market next few years.
Deployment of data analytical tools for real-time traffic management, and route guidance, JTM (Journey Time Monitoring), etc., by travelers on mobile devices such as smartphones and tablets are emerging as the vital functional areas that are increasing the usage of traffic management technology. Some of the limitations faced by the traffic management market are lack of transformation and funding interruption. The alteration of the traffic management technology would require the installation of new system, hardware and solutions. The emerging numbers of smart cities and the IoT technology is expected to open new opportunities for the market.
Traffic Management Market Key Players
IBM Corporation
GE Transportation.
TraffiCom
Cisco Systems Inc.
Siemens AG
Kapsch AG
LG CNS
Cubic Corporation
Cellint Traffic Solution
View Complete Report at http://www.theinsightpartners.com/reports/traffic-management-market
About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Media, and Telecommunication industries.
Contact Us:
Call: +1-646-491-9876
Email: sales@theinsightpartners.com
Contact Information:
The Insight Partners
Sameer Joshi
Tel: +91 9666111581
Email us
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The Insight Partners
Sameer Joshi
Tel: +91 9666111581
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results