Intelligent Traffic Management Market by Application, Service, and Geography - Forecast and Analysis 2023-2027

Published: Feb 2023 Pages: 181 SKU: IRTNTR71378

Intelligent Traffic Management Market Forecast 2023-2027 

The intelligent traffic management market is estimated to grow by USD 13.77 billion at a CAGR of 11.23% between 2022 and 2027. The increasing demand for AI-based smart traffic solutions, driven by the need to reduce road congestion, improve road safety, and enhance overall transportation efficiency, is driving market growth. The increasing investment in smart cities by governments, aimed at improving urban infrastructure and services, is also boosting market expansion by creating opportunities for the implementation of smart traffic solutions. Additionally, the focus on increasing the efficiency of traffic flow management, through the use of real-time data analytics and predictive modeling, is driving demand. Overall, these factors are driving the growth of the market and driving innovations in transportation technology.

What will be the size of the Market During the Forecast Period?

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Market Segmentation

This report extensively covers market segmentation by application (traffic monitoring, traffic control, and information provision), service (surveillance cameras, display boards, sensors, interface boards, and radars), and geography (North America, Europe, APAC, South America, and the Middle East and Africa). It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2017 to 2021.

By Application

The market share growth by the traffic monitoring segment will be significant during the forecast period. The monitoring is an integral application in the global market. The emergence of advanced data collection and analysis techniques, such as machine learning, has increased traffic monitoring utilization

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The traffic monitoring segment was valued at USD 5.29 billion in 2017. They help monitor the movement of vehicles and authorities maintain the flow and prevent congestion on roads. The need for advanced traffic monitoring arises due to the lack of proper road infrastructure across countries globally and the high costs involved in the development of new road infrastructure. For instance, in the US, the development cost of a high occupancy vehicle lane averages around USD 7,50,000. Thus, monitoring and managing the movement of vehicles on existing road infrastructure is easier than developing new networks or infrastructure. They use automatic camera sensors, speed sensors, and other types of sensors to collect data on the movement of vehicles and implement traffic rules. Hence, the growing adoption of the monitoring applications will boost the demand for such solutions in the global market during the forecast period.

By Region

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North America is estimated to contribute 32% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

North America is the largest region in the global market. The US is the biggest contributor to the market in the region. The major driving factors for the growth of the market in North America are the increasing number of vehicles on roads in the region, the high cost of developing new road infrastructure, and the need to improve overall road safety in the region.

On average, traffic jams in the US lead to annual losses of USD 300 billion, which includes indirect costs such as fuel prices, delays in the delivery of products, and others. Thus, the implementation may minimize road congestion and reduce the costs incurred by motorists across the country. In April 2021, the US Department of Transportation Federal Highway Administration granted USD 9.96 million to the University of Michigan, US, to develop 20 smart intersections, which can collect and relay information in real-time to authorities. Such initiatives will boost the demand in the region.

They help improve road safety by alerting both vehicles and authorities about natural calamities such as landslides or bottlenecks such as roadblocks or other related issues. The use also reduces the number of police personnel patrolling the roads for the movement of vehicles and their violations. Thus, these factors will lead to an increased demand in the region during the forecast period.

Market Dynamics and Customer Landscape

The market is experiencing growth due to the increasing number of vehicles and insufficient infrastructure to support them. Major manufacturers are investing in ITMS installation to improve the movement of vehicles and reduce congestion, leading to economic benefits. However, project delays and supply chain issues have impacted installations. Post-pandemic, there is a focus on reducing carbon dioxide emissions and airborne pollutants through smarter management. Telematics services play a crucial role in enhancing security, safety, and monitoring driver behavior, contributing to cost reduction and improved infrastructure. The market is evolving towards smart mobility solutions and Mobility as a Service (MaaS) to address urban infrastructure challenges. Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Market Driver

The increasing demand for AI-based smart traffic solutions is notably driving market growth. AI-based smart solutions, such as vehicle detection and identification of vehicle number plates, have enabled traffic authorities to detect traffic rule violators and issue penalty receipts through the mail. These solutions also contribute to intelligent traffic management systems, traffic congestion reduction, improved security and safety, better understanding of driver behavior, and cost reduction through efficient telematics services and tracking systems. This has reduced both the paperwork and cost associated with managing the movement of vehicles.

Another AI application is the collection and analysis of traffic data on specific roads, which helps authorities formulate policies and assess the need for new road infrastructure. This contributes to urban infrastructure development and the implementation of smart mobility solutions, including Mobility as a Service (MaaS), to improve overall management.  AI-based unmanned railway crossings can prevent accidents; for example, nearly 8,700 people died in unmanned railway crossing accidents in India in 2020. AI-based railway crossing monitoring can help prevent such incidents. As a result, the demand for these solutions is expected to increase due to the growing adoption of AI-based smart solutions in the forecast period.

Significant Market Trends

Rapid urbanization is an emerging trend in the market. Heavy congestion in roads is a result of an increase in the number of vehicles on the road brought on by rapid industrialization and the expanding urban population. As a result, urban planners' concerns about safety and high CO2 emissions are anticipated to significantly impact the development of the market.

The European Joint Research Centre (JRC) estimates that the cost of traffic congestion in Europe is equivalent to 1% of the GDP of the continent. Hence, mitigation has been given top priority by the majority of regional organizations responsible for developing and managing urban infrastructure. Additionally, the system also makes smart mobility solutions possible, which can be very helpful in finding solutions to all of these problems. Therefore, these factors will fuel the expansion of the market during the forecast period.

Major Market Challenge

The high cost of maintenance is a major challenge impeding the market growth. Costs associated with maintenance include those associated with installing new systems as well as those associated with repairing, replacing, and upgrading current systems. Without regular upkeep, these systems will not be able to perform to their full potential, which will cause road congestion and other issues.

Countries may also be unable to make the necessary investments in cutting-edge technology due to the high cost of maintenance. Cities might, for instance, be unable to cover the cost of setting up new, sophisticated sensors, cameras, and software, all of which are necessary for providing real-time updates. If these updates aren't made, road congestion might get worse and cause other issues like poorer air quality and more noise from the road. Therefore, the high maintenance costs are anticipated to have a negative effect on the market growth during the forecast period. 

Key Market Customer Landscape

The report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Global Market Customer Landscape

Who are the Major Intelligent Traffic Management Market Companies?

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

INRIX Inc. - The company provides location-based data and software-as-a-service analytics, such as real-time and historical traffic conditions, road safety, and parking availability. The key offerings of the company include intelligent traffic management software. 

The market report also includes detailed analyses of the competitive landscape of the market and information about 15 market companies, including:

  • Chevron Corp.
  • Cisco Systems Inc.
  • Cubic Corp.
  • Kapsch TrafficCom AG
  • Huawei Technologies Co. Ltd.
  • International Business Machines Corp.
  • Light Crossing Technology Corp.
  • PTV Planung Transport Verkehr AG
  • Q Free ASA
  • Rekor Systems Inc.
  • Siemens AG
  • SNC Lavalin Group Inc.
  • SWARCO AG
  • TagMaster AB
  • Teledyne Technologies Inc.

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

Segment Overview

The report forecasts market growth by revenue at global, regional & country levels and analyzes the latest trends and growth opportunities from 2017 to 2027. 

  • Application Outlook
    • Traffic monitoring
    • Traffic control
    • Information provision
  • Service Outlook 
    • Surveillance cameras
    • Display boards
    • Sensors
    • Interface boards
    • Radars
  • Region Outlook 
    • North America
      • The U.S.
      • Canada
    • Europe
      • The U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa
    • South America
      • Chile
      • Brazil
      • Argentina

Market Analyst Overview

The market is experiencing significant growth, driven by the increasing demand for real-time traffic information and the need for efficient transportation solutions. Transportation authorities and municipalities are investing in smart traffic signal control systems and telematics tracking systems to optimize traffic flow and reduce congestion.

In the post-pandemic era, there is a renewed focus on public transportation and eco-driving initiatives to improve transport capacity effectiveness and reduce vehicular congestion. The market is witnessing technological advancements in communication technologies and data storage facilities, enabling smart city applications and adaptive intelligent traffic controls. As smart transportation becomes more prevalent, the market is expected to see continued growth in sales and supply of components for intelligent traffic management systems.

 Market Scope

Report Coverage

Details

Page number

181

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 11.23%

Market growth 2023-2027

USD 13.77 billion

Market structure

Fragmented

YoY growth 2022-2023(%)

10.62

Regional analysis

North America, Europe, APAC, South America, and Middle East and Africa

Performing market contribution

North America at 32%

Key countries

US, China, Japan, UK, and Germany

Competitive landscape

 Leading companies, Market Positioning of companies, Competitive Strategies, and Industry Risks

Key companies profiled

Chevron Corp., Cisco Systems Inc., Cubic Corp., Huawei Technologies Co. Ltd., INRIX Inc., International Business Machines Corp., Kapsch TrafficCom AG, Light Crossing Technology Corp., PTV Planung Transport Verkehr AG, Q Free ASA, Rekor Systems Inc., Siemens AG, SNC Lavalin Group Inc., SWARCO AG, TagMaster AB, Teledyne Technologies Inc., Telegra d.o.o., Thales, TomTom International BV, and Roper Technologies Inc.

Market dynamics

Parent market analysis, Market  Forecasting, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period

Customization purview

If our report has not included the data you are looking for, you can reach out to our analysts and get customized segments.

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What are the Key Data Covered in this Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the market growth and forecasting of the market between 2023 and 2027
  • Precise estimation of the size of the market size and its contribution to the parent market
  • Accurate predictions about upcoming market trends and analysis and changes in consumer behavior
  • Growth of the market industry across Europe, North America, APAC, South America, and Middle East and Africa
  • Thorough market growth analysis of the market’s competitive landscape and detailed information about companies
  • Comprehensive market analysis and report on the factors that will challenge the market research and growth of market companies

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Service
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
    • 3.4 Market outlook: Forecast for 2022-2027
      • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

    4 Historic Market Size

    • 4.1 Global intelligent traffic management market 2017 - 2021
      • Exhibit 18: Historic Market Size – Data Table on Global intelligent traffic management market 2017 - 2021 ($ million)
    • 4.2 Application Segment Analysis 2017 - 2021
      • Exhibit 19: Historic Market Size – Application Segment 2017 - 2021 ($ million)
    • 4.3 Hardware type Segment Analysis 2017 - 2021
      • Exhibit 20: Historic Market Size – Hardware type Segment 2017 - 2021 ($ million)
    • 4.4 Geography Segment Analysis 2017 - 2021
      • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)
    • 4.5 Country Segment Analysis 2017 - 2021
      • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

    6 Market Segmentation by Application

    • 6.1 Market segments
      • Exhibit 30: Chart on Application - Market share 2022-2027 (%)
      • Exhibit 31: Data Table on Application - Market share 2022-2027 (%)
    • 6.2 Comparison by Application
      • Exhibit 32: Chart on Comparison by Application
      • Exhibit 33: Data Table on Comparison by Application
    • 6.3 Traffic monitoring - Market size and forecast 2022-2027
      • Exhibit 34: Chart on Traffic monitoring - Market size and forecast 2022-2027 ($ million)
      • Exhibit 35: Data Table on Traffic monitoring - Market size and forecast 2022-2027 ($ million)
      • Exhibit 36: Chart on Traffic monitoring - Year-over-year growth 2022-2027 (%)
      • Exhibit 37: Data Table on Traffic monitoring - Year-over-year growth 2022-2027 (%)
    • 6.4 Traffic control - Market size and forecast 2022-2027
      • Exhibit 38: Chart on Traffic control - Market size and forecast 2022-2027 ($ million)
      • Exhibit 39: Data Table on Traffic control - Market size and forecast 2022-2027 ($ million)
      • Exhibit 40: Chart on Traffic control - Year-over-year growth 2022-2027 (%)
      • Exhibit 41: Data Table on Traffic control - Year-over-year growth 2022-2027 (%)
    • 6.5 Information provision - Market size and forecast 2022-2027
      • Exhibit 42: Chart on Information provision - Market size and forecast 2022-2027 ($ million)
      • Exhibit 43: Data Table on Information provision - Market size and forecast 2022-2027 ($ million)
      • Exhibit 44: Chart on Information provision - Year-over-year growth 2022-2027 (%)
      • Exhibit 45: Data Table on Information provision - Year-over-year growth 2022-2027 (%)
    • 6.6 Market opportunity by Application
      • Exhibit 46: Market opportunity by Application ($ million)

    7 Market Segmentation by Service

    • 7.1 Market segments
      • Exhibit 47: Chart on Service - Market share 2022-2027 (%)
      • Exhibit 48: Data Table on Service - Market share 2022-2027 (%)
    • 7.2 Comparison by Service
      • Exhibit 49: Chart on Comparison by Service
      • Exhibit 50: Data Table on Comparison by Service
    • 7.3 Surveillance cameras - Market size and forecast 2022-2027
      • Exhibit 51: Chart on Surveillance cameras - Market size and forecast 2022-2027 ($ million)
      • Exhibit 52: Data Table on Surveillance cameras - Market size and forecast 2022-2027 ($ million)
      • Exhibit 53: Chart on Surveillance cameras - Year-over-year growth 2022-2027 (%)
      • Exhibit 54: Data Table on Surveillance cameras - Year-over-year growth 2022-2027 (%)
    • 7.4 Display boards - Market size and forecast 2022-2027
      • Exhibit 55: Chart on Display boards - Market size and forecast 2022-2027 ($ million)
      • Exhibit 56: Data Table on Display boards - Market size and forecast 2022-2027 ($ million)
      • Exhibit 57: Chart on Display boards - Year-over-year growth 2022-2027 (%)
      • Exhibit 58: Data Table on Display boards - Year-over-year growth 2022-2027 (%)
    • 7.5 Sensors - Market size and forecast 2022-2027
      • Exhibit 59: Chart on Sensors - Market size and forecast 2022-2027 ($ million)
      • Exhibit 60: Data Table on Sensors - Market size and forecast 2022-2027 ($ million)
      • Exhibit 61: Chart on Sensors - Year-over-year growth 2022-2027 (%)
      • Exhibit 62: Data Table on Sensors - Year-over-year growth 2022-2027 (%)
    • 7.6 Interface boards - Market size and forecast 2022-2027
      • Exhibit 63: Chart on Interface boards - Market size and forecast 2022-2027 ($ million)
      • Exhibit 64: Data Table on Interface boards - Market size and forecast 2022-2027 ($ million)
      • Exhibit 65: Chart on Interface boards - Year-over-year growth 2022-2027 (%)
      • Exhibit 66: Data Table on Interface boards - Year-over-year growth 2022-2027 (%)
    • 7.7 Radars - Market size and forecast 2022-2027
      • Exhibit 67: Chart on Radars - Market size and forecast 2022-2027 ($ million)
      • Exhibit 68: Data Table on Radars - Market size and forecast 2022-2027 ($ million)
      • Exhibit 69: Chart on Radars - Year-over-year growth 2022-2027 (%)
      • Exhibit 70: Data Table on Radars - Year-over-year growth 2022-2027 (%)
    • 7.8 Market opportunity by Service
      • Exhibit 71: Market opportunity by Service ($ million)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 72: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 73: Chart on Market share by geography 2022-2027 (%)
      • Exhibit 74: Data Table on Market share by geography 2022-2027 (%)
    • 9.2 Geographic comparison
      • Exhibit 75: Chart on Geographic comparison
      • Exhibit 76: Data Table on Geographic comparison
    • 9.3 North America - Market size and forecast 2022-2027
      • Exhibit 77: Chart on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 78: Data Table on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 79: Chart on North America - Year-over-year growth 2022-2027 (%)
      • Exhibit 80: Data Table on North America - Year-over-year growth 2022-2027 (%)
    • 9.4 Europe - Market size and forecast 2022-2027
      • Exhibit 81: Chart on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 82: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 83: Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Exhibit 84: Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • 9.5 APAC - Market size and forecast 2022-2027
      • Exhibit 85: Chart on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 86: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 87: Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Exhibit 88: Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • 9.6 South America - Market size and forecast 2022-2027
      • Exhibit 89: Chart on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 90: Data Table on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 91: Chart on South America - Year-over-year growth 2022-2027 (%)
      • Exhibit 92: Data Table on South America - Year-over-year growth 2022-2027 (%)
    • 9.7 Middle East and Africa - Market size and forecast 2022-2027
      • Exhibit 93: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 94: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 95: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
      • Exhibit 96: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • 9.8 US - Market size and forecast 2022-2027
      • Exhibit 97: Chart on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 98: Data Table on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 99: Chart on US - Year-over-year growth 2022-2027 (%)
      • Exhibit 100: Data Table on US - Year-over-year growth 2022-2027 (%)
    • 9.9 China - Market size and forecast 2022-2027
      • Exhibit 101: Chart on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 102: Data Table on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 103: Chart on China - Year-over-year growth 2022-2027 (%)
      • Exhibit 104: Data Table on China - Year-over-year growth 2022-2027 (%)
    • 9.10 UK - Market size and forecast 2022-2027
      • Exhibit 105: Chart on UK - Market size and forecast 2022-2027 ($ million)
      • Exhibit 106: Data Table on UK - Market size and forecast 2022-2027 ($ million)
      • Exhibit 107: Chart on UK - Year-over-year growth 2022-2027 (%)
      • Exhibit 108: Data Table on UK - Year-over-year growth 2022-2027 (%)
    • 9.11 Japan - Market size and forecast 2022-2027
      • Exhibit 109: Chart on Japan - Market size and forecast 2022-2027 ($ million)
      • Exhibit 110: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
      • Exhibit 111: Chart on Japan - Year-over-year growth 2022-2027 (%)
      • Exhibit 112: Data Table on Japan - Year-over-year growth 2022-2027 (%)
    • 9.12 Germany - Market size and forecast 2022-2027
      • Exhibit 113: Chart on Germany - Market size and forecast 2022-2027 ($ million)
      • Exhibit 114: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
      • Exhibit 115: Chart on Germany - Year-over-year growth 2022-2027 (%)
      • Exhibit 116: Data Table on Germany - Year-over-year growth 2022-2027 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 117: Market opportunity by geography ($ million)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 118: Impact of drivers and challenges in 2022 and 2027
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 119: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 120: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 121: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 122: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 123: Matrix on vendor position and classification
            • 12.3 Chevron Corp.
              • Exhibit 124: Chevron Corp. - Overview
              • Exhibit 125: Chevron Corp. - Business segments
              • Exhibit 126: Chevron Corp. - Key news
              • Exhibit 127: Chevron Corp. - Key offerings
              • Exhibit 128: Chevron Corp. - Segment focus
            • 12.4 Cisco Systems Inc.
              • Exhibit 129: Cisco Systems Inc. - Overview
              • Exhibit 130: Cisco Systems Inc. - Business segments
              • Exhibit 131: Cisco Systems Inc. - Key news
              • Exhibit 132: Cisco Systems Inc. - Key offerings
              • Exhibit 133: Cisco Systems Inc. - Segment focus
            • 12.5 Cubic Corp.
              • Exhibit 134: Cubic Corp. - Overview
              • Exhibit 135: Cubic Corp. - Business segments
              • Exhibit 136: Cubic Corp. - Key offerings
              • Exhibit 137: Cubic Corp. - Segment focus
            • 12.6 Huawei Technologies Co. Ltd.
              • Exhibit 138: Huawei Technologies Co. Ltd. - Overview
              • Exhibit 139: Huawei Technologies Co. Ltd. - Business segments
              • Exhibit 140: Huawei Technologies Co. Ltd. - Key news
              • Exhibit 141: Huawei Technologies Co. Ltd. - Key offerings
              • Exhibit 142: Huawei Technologies Co. Ltd. - Segment focus
            • 12.7 INRIX Inc.
              • Exhibit 143: INRIX Inc. - Overview
              • Exhibit 144: INRIX Inc. - Product / Service
              • Exhibit 145: INRIX Inc. - Key offerings
            • 12.8 International Business Machines Corp.
              • Exhibit 146: International Business Machines Corp. - Overview
              • Exhibit 147: International Business Machines Corp. - Business segments
              • Exhibit 148: International Business Machines Corp. - Key news
              • Exhibit 149: International Business Machines Corp. - Key offerings
              • Exhibit 150: International Business Machines Corp. - Segment focus
            • 12.9 Kapsch TrafficCom AG
              • Exhibit 151: Kapsch TrafficCom AG - Overview
              • Exhibit 152: Kapsch TrafficCom AG - Business segments
              • Exhibit 153: Kapsch TrafficCom AG - Key news
              • Exhibit 154: Kapsch TrafficCom AG - Key offerings
              • Exhibit 155: Kapsch TrafficCom AG - Segment focus
            • 12.10 PTV Planung Transport Verkehr AG
              • Exhibit 156: PTV Planung Transport Verkehr AG - Overview
              • Exhibit 157: PTV Planung Transport Verkehr AG - Product / Service
              • Exhibit 158: PTV Planung Transport Verkehr AG - Key offerings
            • 12.11 Q Free ASA
              • Exhibit 159: Q Free ASA - Overview
              • Exhibit 160: Q Free ASA - Business segments
              • Exhibit 161: Q Free ASA - Key offerings
              • Exhibit 162: Q Free ASA - Segment focus
            • 12.12 Rekor Systems Inc.
              • Exhibit 163: Rekor Systems Inc. - Overview
              • Exhibit 164: Rekor Systems Inc. - Product / Service
              • Exhibit 165: Rekor Systems Inc. - Key offerings
            • 12.13 Roper Technologies Inc.
              • Exhibit 166: Roper Technologies Inc. - Overview
              • Exhibit 167: Roper Technologies Inc. - Business segments
              • Exhibit 168: Roper Technologies Inc. - Key offerings
              • Exhibit 169: Roper Technologies Inc. - Segment focus
            • 12.14 Siemens AG
              • Exhibit 170: Siemens AG - Overview
              • Exhibit 171: Siemens AG - Business segments
              • Exhibit 172: Siemens AG - Key news
              • Exhibit 173: Siemens AG - Key offerings
              • Exhibit 174: Siemens AG - Segment focus
            • 12.15 SNC Lavalin Group Inc.
              • Exhibit 175: SNC Lavalin Group Inc. - Overview
              • Exhibit 176: SNC Lavalin Group Inc. - Business segments
              • Exhibit 177: SNC Lavalin Group Inc. - Key offerings
              • Exhibit 178: SNC Lavalin Group Inc. - Segment focus
            • 12.16 SWARCO AG
              • Exhibit 179: SWARCO AG - Overview
              • Exhibit 180: SWARCO AG - Product / Service
              • Exhibit 181: SWARCO AG - Key news
              • Exhibit 182: SWARCO AG - Key offerings
            • 12.17 TagMaster AB
              • Exhibit 183: TagMaster AB - Overview
              • Exhibit 184: TagMaster AB - Business segments
              • Exhibit 185: TagMaster AB - Key offerings
              • Exhibit 186: TagMaster AB - Segment focus

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 187: Inclusions checklist
                • Exhibit 188: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 189: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 190: Research methodology
                • Exhibit 191: Validation techniques employed for market sizing
                • Exhibit 192: Information sources
              • 13.5 List of abbreviations
                • Exhibit 193: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

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              Key Questions Answered

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              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

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