Intelligent Traffic Management System Market
Intelligent Traffic Management System Market Study by Traffic Controllers & Signals, Surveillance Cameras, Video Walls, 3D Simulators, GUI Workstations, and Detectors & Sensors from 2024 to 2034
Analysis of Intelligent Traffic Management System Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Intelligent Traffic Management System Market Outlook (2024 to 2034)
Constant developments taking place in traffic management technologies and the introduction of MaaS (Mobility as a Service) are leading to the rising demand for intelligent traffic management systems for effective and smart traffic management. The global intelligent traffic management system market is calculated to reach US$ 21.55 billion in 2024 and further rise at a CAGR of 6.7% to climb to US$ 41.22 billion by the end of 2034.
Increasing cases of accident-related deaths are stimulating governments in more countries for the imposition of stringent legislation for improved road safety. This is estimated to lead to the adoption of intelligent traffic management systems for the prevention of road accidents. Various cities are giving preference to smart practices, and smart mobility is one of the key components helping in achieving this goal.
Adoption of intelligent traffic management systems is anticipated to be one of the pivotal ways, which help smart cities in improving daily commutes for citizens and enhance sustainability with assistance in reduced fuel consumption. The rising vehicle population in various cities around the world due to the growing population is stimulating demand for intelligent traffic management systems for reducing congestion.
- East Asia is forecasted to hold 33.7% of the intelligent traffic management system market share by 2034.
- Demand for intelligent traffic management systems in Japan is estimated to increase at a CAGR of 7.6% from 2024 to 2034.
- Worldwide sales of integrated urban traffic control systems are evaluated to climb at 7% of CAGR and reach US$ 10.26 billion by the end of 2034.
Traffic management systems help in data collection from multiple sources, including CCTV cameras, sensors, etc. The same real-time data is further transmitted to control centers for effective operation of traffic signals, controlling variable message signs, and other elements, which are expected to have a direct impact on traffic and ensure smooth mobility.
| Report Attributes | Details |
|---|---|
| Intelligent Traffic Management System Market Size (2024E) | US$ 21.55 Billion |
| Forecasted Market Value (2034F) | US$ 41.22 Billion |
| Global Market Growth Rate (2024 to 2034) | 6.7% CAGR |
| North America Market Share (2034F) | 26.4% |
| Market Share of Federal & Provincial Governments (2034F) | 39.4% |
| South Korea Market Growth Rate (2024 to 2034) | 9.9% CAGR |
| Key Companies Profiled | Beijing E-Hualu Information Technology Co. Ltd.; Quarterhill Inc.; Kyosan Electric Manufacturing Co. Ltd.; Q-Free ASA; Dahua Technology Co. Ltd.; IBM Corporation; Baumer Holding AG; Siemens AG; Iteris Inc.; Econolite Control Products, Inc. |
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Which Factors are Positively Transforming the Market for Intelligent Traffic Management Systems?
“Advancements in AI and VR Complementing Market Expansion”
Constant advancements in virtual reality and artificial intelligence are estimated to assist in enhancing transportation networks around the world. These advanced technologies are anticipated to help drivers have a better traveling experience with updated information about traffic and other related data. Providers of intelligent traffic management systems are incorporating AI tools for offering more advanced solutions to attract new consumers.
- Lilin is a manufacturer of IP video-based systems in Taiwan. In March 2020, it unveiled the Aida ALPR series, which is a traffic management system based on AI. In addition to this, a range of various types of surveillance cameras and innovative equipment was also offered. Accurate object detection systems for vehicle speed detection, plate recognition, parking spot detection, pedestrian variations, etc., facilities are provided through this range.
“Constantly Increasing Number of Road Accidents”
The count of deaths caused due to accidents is estimated to reach alarming levels. Therefore, governments in multiple countries are imposing legislation and issuing fines for improved road safety. In addition, they are also adopting intelligent traffic management systems for preventing road accidents by imposing stringent regulations.
Which Key Challenges Do Market Players Face?
“Financial Crisis in Certain Countries Impeding Market Growth Prospects”
Ongoing financial crises in certain countries are estimated to adversely impact the intelligent traffic management system market growth. The deployment and implementation of these advanced traffic management systems need active investments from the respective government, which is estimated to act as one of the roadblocks to market expansion.
“Comparatively Slow Development of Infrastructure in Some Regions”
Traffic management systems need data speed for real-time data processing. Therefore, a well-established infrastructure is required for the implementation of new technology. The high costs of replacing current equipment lead to noteworthy capital expenditures. Certain governments have limitations in the financial aid required for smart road infrastructure as constant upgrades are required for the smooth functioning of the system.
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Which Intelligent Traffic Management System Market Trend are Startups Focusing On?
“Rising Adoption of Telematics Services”
Telematics services play a vital role in enhancing driver safety, enabling cost reduction, improving driver behavior, and reducing fuel consumption. With an increased investment in these services, new market players are anticipated to enhance the safety and security of passengers.
Country-wise Insights
Fact.MR, a market research and competitive intelligence provider, in its recently updated report, asserts that East Asia is forecasted to hold 33.7% share of the global market by 2034. The increasing population in some of the regional countries, China, etc., is estimated to result in traffic congestion due to the rising count of vehicles on the road. Therefore, intelligent traffic management systems are adopted to eradicate this issue.
What’s Contributing to Rising Adoption of Intelligent Traffic Management Devices in the United States?
“Revolutionary Innovations Taking Place in the ICT Sector”
| Attribute | United States |
|---|---|
| Market Value (2024E) | US$ 3.8 Billion |
| Growth Rate (2024 to 2034) | 7.6% CAGR |
| Projected Value (2034F) | US$ 7.89 Billion |
The United States is approximated to account for 72.5% share of the North American market by 2034. In recent years, various revolutionary innovations have been taking place in the ICT sector in the country. An increased demand for intelligent traffic management systems is encountered in the country for tracking vehicular congestion to ensure improved effectiveness of transport systems with the assistance of real-time information on traffic infrastructure and conditions.
Growing adoption of data analytics and cloud computing to avoid collision and for smart parking solutions in the United States is anticipated to add to the expansion of the intelligent traffic management system market size.
What is the Demand Outlook for Intelligent Traffic Management Systems in China?
“Development of Smart Transportation Facilities Enhancing Market Prospects”
| Attribute | China |
|---|---|
| Market Value (2024E) | US$ 3.93 Billion |
| Growth Rate (2024 to 2034) | 7.3% CAGR |
| Projected Value (2034F) | US$ 7.96 Billion |
China is evaluated to enjoy 57.3% share of the market in East Asia by the end of 2034. The adoption of smart transportation systems in the country is projected to generate lucrative opportunities for market players. Xi’an, an ancient-walled city in China deployed intelligent traffic management systems to assist in reducing journey time and improving traffic flow. The economic growth of this city led to the development of advanced traffic control systems to control daily movements.
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Category-wise Insights
An increase in the demand for integrated urban traffic control systems is attributed to their assistance in minimizing the count of stopping and starting vehicles, controlling emissions, and improving traffic throughput.
Which Type of Intelligent Traffic Management System is Popular?
“Growing Use of Integrated Urban Traffic Control Systems for Well-informed Decision Making”
| Attribute | Integrated Urban Traffic Control Systems |
|---|---|
| Segment Value (2024E) | US$ 5.21 Billion |
| Growth Rate (2024 to 2034) | 7% CAGR |
| Projected Value (2034F) | US$ 10.26 Billion |
Integrated urban traffic control systems are forecasted to account for 24.9% share of the global market by 2034. Intelligent algorithms use information related to current traffic conditions for supporting decisions and predicting traffic loads on network control measures and optimal traffic. This is estimated to help in improving traffic throughput, reducing the number of stopping and starting automobiles, minimizing delays and fuel consumption, and controlling vehicle emissions.
These systems are also known as computerized traffic signal control and are becoming a pivotal norm for large cities and towns. There are multiple benefits of using these computers in densely urban networks to harmonize traffic control.
What is the Contribution of Federal & Provincial Governments to This Market?
“Adoption of Novel Ways for Controlling Issues of Traffic Congestion”
| Attribute | Federal & Provincial Governments |
|---|---|
| Segment Value (2024E) | US$ 8.34 Billion |
| Growth Rate (2024 to 2034) | 6.9% CAGR |
| Projected Value (2034F) | US$ 16.24 Billion |
Federal & provincial governments are anticipated to account for 39.4% of the global market share by the end of 2034. Various federal & provincial governments are looking for novel ways to reduce traffic congestion with the implementation of intelligent traffic management systems. In addition, these systems support multiple smart city applications, including ensuring a safer passage to emergency vehicles, which is further positively impacting market growth.
Competitive Landscape
Leading market players are taking advantage of the growing demand for intelligent traffic management systems in multiple applications. They are relying on partnerships, collaborations, and acquisitions, with large-, medium-, and small vendors. New product development, offering quality products, and management of supply chain systems are some other initiatives taken by market players to get a competitive edge.
For instance :
- Indra is one of the prominent global technology engineering organizations, which is catering to the requirements of the defense, mobility, and aerospace sectors. In October 2023, it planned to centralize the management of roads of Transurban in Queensland with the assistance of advanced traffic control systems, which are equipped with artificial intelligence.
Key players in the intelligent traffic management systems market include Beijing E-Hualu Information Technology Co. Ltd., Quarterhill Inc., Kyosan Electric Manufacturing Co. Ltd., Q-Free ASA, Dahua Technology Co. Ltd., IBM Corporation, Baumer Holding AG, Siemens AG, Iteris Inc., and Econolite Control Products, Inc.
Segmentation of Intelligent Traffic Management System Market Research
-
By Product Type :
- Integrated Urban Traffic Control Systems
- Variable/Dynamic Message Signs
- Emergency Response Systems
- Border Control Systems
- Electronic Toll Collection Systems
- Parking Management Systems
- Violation & Measurement Systems
- Tunnel Management Systems
- Freeway Management Systems
-
By Spender Type :
- Infrastructure Enterprises & PPSs
- Federal & Provincial Governments
- Industries & Commercial Enterprises
-
By Component :
- Traffic Controllers & Signals
- Surveillance Cameras
- Video Walls
- Servers
- 3D Simulators
- GUI Workstations
- Detectors & Sensors
-
By Region :
- North America
- Europe
- East Asia
- Latin America
- Middle East & Africa
- South Asia & Oceania
Table of Content
- 1. Global Market - Executive Summary
- 2. Global Market Overview
- 3. Global Market Analysis and Forecast, 2024 to 2034
- 3.1. Global Market Size and Forecast By Product Type, 2024 to 2034
- 3.1.1. Integrated Urban Traffic Control System
- 3.1.2. Freeway Management System
- 3.1.3. Electronic Toll Collection System
- 3.1.4. Tunnel Management System
- 3.1.5. Border Control System
- 3.1.6. Violation and Measurement Systems
- 3.1.7. Emergency Response Systems
- 3.1.8. Parking Management System
- 3.1.9. Variable / Dynamic Message Signs
- 3.1.10. Other Systems
- 3.2. Global Market Size and Forecast By Spender Type, 2024 to 2034
- 3.2.1. Federal and Provincial Government
- 3.2.2. Infrastructure Enterprises & PPPs
- 3.2.3. Industries & Commercial Enterprise
- 3.3. Global Market Size and Forecast By Components, 2024 to 2034
- 3.3.1. Traffic Controllers and Signals
- 3.3.2. Detectors & Sensors
- 3.3.3. Server
- 3.3.4. GUI Workstation
- 3.3.5. Video Walls
- 3.3.6. 3D Simulators
- 3.3.7. Surveillance Cameras
- 3.3.8. Other Components
- 3.1. Global Market Size and Forecast By Product Type, 2024 to 2034
- 4. North America Market Size and Forecast, 2024 to 2034
- 5. Latin America Market Size and Forecast, 2024 to 2034
- 6. Europe Market Size and Forecast, 2024 to 2034
- 7. Japan Market Size and Forecast, 2024 to 2034
- 8. APEJ Market Size and Forecast, 2024 to 2034
- 9. MEA Market Size and Forecast, 2024 to 2034
- 10. Global Market Company Share, Competition Landscape and Company Profiles
- 10.1. Quarterhill Inc.
- 10.2. Q-Free ASA
- 10.3. Kyosan Electric Mfg. Co., Ltd.
- 10.4. Iteris, Inc.
- 10.5. Baumer Holding AG
- 10.6. Dahua Technology Co., Ltd.
- 10.7. Econolite Control Products, Inc.
- 10.8. Siemens AG
- 10.9. Beijing E-Hualu Information Technology Co., Ltd.
- 10.10. IBM Corporation
- 11. Research Methodology
- 12. Secondary and Primary Sources
- 13. Assumptions and Acronyms
- 14. Disclaimer
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List Of Table
TABLE 01: Global Market Value (US$ Bn), 2018 to 2023
TABLE 02: Global Market Value (US$ Bn), 2024 to 2034
TABLE 03: Global Market Value (US$ Bn) and Y-o-Y, 2018 to 2034
TABLE 04: Global Integrated Urban Traffic Control System Segment Value (US$ Bn), By Region 2018 to 2023
TABLE 05: Global Integrated Urban Traffic Control System Segment Value (US$ Bn), By Region 2024 to 2034
TABLE 06: Global Integrated Urban Traffic Control System Segment Market Share, By Region 2018 to 2023
TABLE 07: Global Integrated Urban Traffic Control System Segment Market Share, By Region 2024 to 2034
TABLE 08: Global Integrated Urban Traffic Control System Segment Y-o-Y, By Region 2018 to 2034
TABLE 09: Global Freeway Management System Segment Value (US$ Bn), By Region 2018 to 2023
TABLE 10: Global Freeway Management System Segment Value (US$ Bn), By Region 2024 to 2034
TABLE 11: Global Freeway Management System Segment Market Share, By Region 2018 to 2023
TABLE 12: Global Freeway Management System Segment Market Share, By Region 2024 to 2034
TABLE 13: Global Freeway Management System Segment Y-o-Y, By Region 2018 to 2034
TABLE 14: Global Electronic Toll Collection System Segment Value (US$ Bn), By Region 2018 to 2023
TABLE 15: Global Electronic Toll Collection System Segment Value (US$ Bn), By Region 2024 to 2034
TABLE 16: Global Electronic Toll Collection System Segment Market Share, By Region 2018 to 2023
TABLE 17: Global Electronic Toll Collection System Segment Market Share, By Region 2024 to 2034
TABLE 18: Global Electronic Toll Collection System Segment Y-o-Y, By Region 2018 to 2034
TABLE 19: Global Tunnel Management System Segment Value (US$ Bn), By Region 2018 to 2023
TABLE 20: Global Tunnel Management System Segment Value (US$ Bn), By Region 2024 to 2034
TABLE 21: Global Tunnel Management System Segment Market Share, By Region 2018 to 2023
TABLE 22: Global Tunnel Management System Segment Market Share, By Region 2024 to 2034
TABLE 23: Global Tunnel Management System Segment Y-o-Y, By Region 2018 to 2034
TABLE 24: Global Border Control System Segment Value (US$ Bn), By Region 2018 to 2023
TABLE 25: Global Border Control System Segment Value (US$ Bn), By Region 2024 to 2034
TABLE 26: Global Border Control System Segment Market Share, By Region 2018 to 2023
TABLE 27: Global Border Control System Segment Market Share, By Region 2024 to 2034
TABLE 28: Global Border Control System Segment Y-o-Y, By Region 2018 to 2034
TABLE 29: Global Violation and Measurement Systems Segment Value (US$ Bn), By Region 2018 to 2023
TABLE 30: Global Violation and Measurement Systems Segment Value (US$ Bn), By Region 2024 to 2034
TABLE 31: Global Violation and Measurement Systems Segment Market Share, By Region 2018 to 2023
TABLE 32: Global Violation and Measurement Systems Segment Market Share, By Region 2024 to 2034
TABLE 33: Global Violation and Measurement Systems Segment Y-o-Y, By Region 2018 to 2034
TABLE 34: Global Emergency Response Systems Segment Value (US$ Bn), By Region 2018 to 2023
TABLE 35: Global Emergency Response Systems Segment Value (US$ Bn), By Region 2024 to 2034
TABLE 36: Global Emergency Response Systems Segment Market Share, By Region 2018 to 2023
TABLE 37: Global Emergency Response Systems Segment Market Share, By Region 2024 to 2034
TABLE 38: Global Emergency Response Systems Segment Y-o-Y, By Region 2018 to 2034
TABLE 39: Global Parking Management System Segment Value (US$ Bn), By Region 2018 to 2023
TABLE 40: Global Parking Management System Segment Value (US$ Bn), By Region 2024 to 2034
TABLE 41: Global Parking Management System Segment Market Share, By Region 2018 to 2023
TABLE 42: Global Parking Management System Segment Market Share, By Region 2024 to 2034
TABLE 43: Global Parking Management System Segment Y-o-Y, By Region 2018 to 2034
TABLE 44: Global Variable / Dynamic Message Signs Segment Value (US$ Bn), By Region 2018 to 2023
TABLE 45: Global Variable / Dynamic Message Signs Segment Value (US$ Bn), By Region 2024 to 2034
TABLE 46: Global Variable / Dynamic Message Signs Segment Market Share, By Region 2018 to 2023
TABLE 47: Global Variable / Dynamic Message Signs Segment Market Share, By Region 2024 to 2034
TABLE 48: Global Variable / Dynamic Message Signs Segment Y-o-Y, By Region 2018 to 2034
TABLE 49: Global Other Systems Segment Value (US$ Bn), By Region 2018 to 2023
TABLE 50: Global Other Systems Segment Value (US$ Bn), By Region 2024 to 2034
TABLE 51: Global Other Systems Segment Market Share, By Region 2018 to 2023
TABLE 52: Global Other Systems Segment Market Share, By Region 2024 to 2034
TABLE 53: Global Other Systems Segment Y-o-Y, By Region 2018 to 2034
TABLE 54: Global Federal and Provincial Government Segment Value (US$ Bn), By Region 2018 to 2023
TABLE 55: Global Federal and Provincial Government Segment Value (US$ Bn), By Region 2024 to 2034
TABLE 56: Global Federal and Provincial Government Segment Market Share, By Region 2018 to 2023
TABLE 57: Global Federal and Provincial Government Segment Market Share, By Region 2024 to 2034
TABLE 58: Global Federal and Provincial Government Segment Y-o-Y, By Region 2018 to 2034
TABLE 59: Global Infrastructure Enterprises & PPPs Segment Value (US$ Bn), By Region 2018 to 2023
TABLE 60: Global Infrastructure Enterprises & PPPs Segment Value (US$ Bn), By Region 2024 to 2034
TABLE 61: Global Infrastructure Enterprises & PPPs Segment Market Share, By Region 2018 to 2023
TABLE 62: Global Infrastructure Enterprises & PPPs Segment Market Share, By Region 2024 to 2034
TABLE 63: Global Infrastructure Enterprises & PPPs Segment Y-o-Y, By Region 2018 to 2034
TABLE 64: Global Industries & Commercial Enterprise Segment Value (US$ Bn), By Region 2018 to 2023
TABLE 65: Global Industries & Commercial Enterprise Segment Value (US$ Bn), By Region 2024 to 2034
TABLE 66: Global Industries & Commercial Enterprise Segment Market Share, By Region 2018 to 2023
TABLE 67: Global Industries & Commercial Enterprise Segment Market Share, By Region 2024 to 2034
TABLE 68: Global Industries & Commercial Enterprise Segment Y-o-Y, By Region 2018 to 2034
TABLE 69: Global Traffic Controllers and Signals Segment Value (US$ Bn), By Region 2018 to 2023
TABLE 70: Global Traffic Controllers and Signals Segment Value (US$ Bn), By Region 2024 to 2034
TABLE 71: Global Traffic Controllers and Signals Segment Market Share, By Region 2018 to 2023
TABLE 72: Global Traffic Controllers and Signals Segment Market Share, By Region 2024 to 2034
TABLE 73: Global Traffic Controllers and Signals Segment Y-o-Y, By Region 2018 to 2034
TABLE 74: Global Detectors & Sensors Segment Value (US$ Bn), By Region 2018 to 2023
TABLE 75: Global Detectors & Sensors Segment Value (US$ Bn), By Region 2024 to 2034
TABLE 76: Global Detectors & Sensors Segment Market Share, By Region 2018 to 2023
TABLE 77: Global Detectors & Sensors Segment Market Share, By Region 2024 to 2034
TABLE 78: Global Detectors & Sensors Segment Y-o-Y, By Region 2018 to 2034
TABLE 79: Global Server Segment Value (US$ Bn), By Region 2018 to 2023
TABLE 80: Global Server Segment Value (US$ Bn), By Region 2024 to 2034
TABLE 81: Global Server Segment Market Share, By Region 2018 to 2023
TABLE 82: Global Server Segment Market Share, By Region 2024 to 2034
TABLE 83: Global Server Segment Y-o-Y, By Region 2018 to 2034
TABLE 84: Global GUI Workstation Segment Value (US$ Bn), By Region 2018 to 2023
TABLE 85: Global GUI Workstation Segment Value (US$ Bn), By Region 2024 to 2034
TABLE 86: Global GUI Workstation Segment Market Share, By Region 2018 to 2023
TABLE 87: Global GUI Workstation Segment Market Share, By Region 2024 to 2034
TABLE 88: Global GUI Workstation Segment Y-o-Y, By Region 2018 to 2034
TABLE 89: Global Video Walls Segment Value (US$ Bn), By Region 2018 to 2023
TABLE 90: Global Video Walls Segment Value (US$ Bn), By Region 2024 to 2034
TABLE 91: Global Video Walls Segment Market Share, By Region 2018 to 2023
TABLE 92: Global Video Walls Segment Market Share, By Region 2024 to 2034
TABLE 93: Global Video Walls Segment Y-o-Y, By Region 2018 to 2034
TABLE 94: Global 3D Simulators Segment Value (US$ Bn), By Region 2018 to 2023
TABLE 95: Global 3D Simulators Segment Value (US$ Bn), By Region 2024 to 2034
TABLE 96: Global 3D Simulators Segment Market Share, By Region 2018 to 2023
TABLE 97: Global 3D Simulators Segment Market Share, By Region 2024 to 2034
TABLE 98: Global 3D Simulators Segment Y-o-Y, By Region 2018 to 2034
TABLE 99: Global Surveillance Cameras Segment Value (US$ Bn), By Region 2018 to 2023
TABLE 100: Global Surveillance Cameras Segment Value (US$ Bn), By Region 2024 to 2034
TABLE 101: Global Surveillance Cameras Segment Market Share, By Region 2018 to 2023
TABLE 102: Global Surveillance Cameras Segment Market Share, By Region 2024 to 2034
TABLE 103: Global Surveillance Cameras Segment Y-o-Y, By Region 2018 to 2034
TABLE 104: Global Other Components Segment Value (US$ Bn), By Region 2018 to 2023
TABLE 105: Global Other Components Segment Value (US$ Bn), By Region 2024 to 2034
TABLE 106: Global Other Components Segment Market Share, By Region 2018 to 2023
TABLE 107: Global Other Components Segment Market Share, By Region 2024 to 2034
TABLE 108: Global Other Components Segment Y-o-Y, By Region 2018 to 2034
TABLE 109: North America Market Value (US$ Bn), By Country 2018 to 2023
TABLE 110: North America Market Value (US$ Bn), By Country 2024 to 2034
TABLE 111: North America Market Value (US$ Bn), By Product Type 2018 to 2023
TABLE 112: North America Market Value (US$ Bn), By Product Type 2024 to 2034
TABLE 113: North America Market Value (US$ Bn), By Spender Type 2018 to 2023
TABLE 114: North America Market Value (US$ Bn), By Spender Type 2024 to 2034
TABLE 115: North America Market Value (US$ Bn), By Components 2018 to 2023
TABLE 116: North America Market Value (US$ Bn), By Components 2024 to 2034
TABLE 117: Latin America Market Value (US$ Bn), By Country 2018 to 2023
TABLE 118: Latin America Market Value (US$ Bn), By Country 2024 to 2034
TABLE 119: Latin America Market Value (US$ Bn), By Product Type 2018 to 2023
TABLE 120: Latin America Market Value (US$ Bn), By Product Type 2024 to 2034
TABLE 121: Latin America Market Value (US$ Bn), By Spender Type 2018 to 2023
TABLE 122: Latin America Market Value (US$ Bn), By Spender Type 2024 to 2034
TABLE 123: Latin America Market Value (US$ Bn), By Components 2018 to 2023
TABLE 124: Latin America Market Value (US$ Bn), By Components 2024 to 2034
TABLE 125: Europe Market Value (US$ Bn), By Country 2018 to 2023
TABLE 126: Europe Market Value (US$ Bn), By Country 2024 to 2034
TABLE 127: Europe Market Value (US$ Bn), By Product Type 2018 to 2023
TABLE 128: Europe Market Value (US$ Bn), By Product Type 2024 to 2034
TABLE 129: Europe Market Value (US$ Bn), By Spender Type 2018 to 2023
TABLE 130: Europe Market Value (US$ Bn), By Spender Type 2024 to 2034
TABLE 131: Europe Market Value (US$ Bn), By Components 2018 to 2023
TABLE 132: Europe Market Value (US$ Bn), By Components 2024 to 2034
TABLE 133: Japan Market Value (US$ Bn), By Country 2018 to 2023
TABLE 134: Japan Market Value (US$ Bn), By Country 2024 to 2034
TABLE 135: Japan Market Value (US$ Bn), By Product Type 2018 to 2023
TABLE 136: Japan Market Value (US$ Bn), By Product Type 2024 to 2034
TABLE 137: Japan Market Value (US$ Bn), By Spender Type 2018 to 2023
TABLE 138: Japan Market Value (US$ Bn), By Spender Type 2024 to 2034
TABLE 139: Japan Market Value (US$ Bn), By Components 2018 to 2023
TABLE 140: Japan Market Value (US$ Bn), By Components 2024 to 2034
TABLE 141: APEJ Market Value (US$ Bn), By Country 2018 to 2023
TABLE 142: APEJ Market Value (US$ Bn), By Country 2024 to 2034
TABLE 143: APEJ Market Value (US$ Bn), By Product Type 2018 to 2023
TABLE 144: APEJ Market Value (US$ Bn), By Product Type 2024 to 2034
TABLE 145: APEJ Market Value (US$ Bn), By Spender Type 2018 to 2023
TABLE 146: APEJ Market Value (US$ Bn), By Spender Type 2024 to 2034
TABLE 147: APEJ Market Value (US$ Bn), By Components 2018 to 2023
TABLE 148: APEJ Market Value (US$ Bn), By Components 2024 to 2034
TABLE 149: MEA Market Value (US$ Bn), By Country 2018 to 2023
TABLE 150: MEA Market Value (US$ Bn), By Country 2024 to 2034
TABLE 151: MEA Market Value (US$ Bn), By Product Type 2018 to 2023
TABLE 152: MEA Market Value (US$ Bn), By Product Type 2024 to 2034
TABLE 153: MEA Market Value (US$ Bn), By Spender Type 2018 to 2023
TABLE 154: MEA Market Value (US$ Bn), By Spender Type 2024 to 2034
TABLE 155: MEA Market Value (US$ Bn), By Components 2018 to 2023
TABLE 156: MEA Market Value (US$ Bn), By Components 2024 to 2034
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List Of Figures
FIG. 01: Global Market Value (US$ Bn), 2018 to 2023
FIG. 02: Global Market Value (US$ Bn) Forecast, 2024 to 2034
FIG. 03: Global Market Value (US$ Bn) and Y-o-Y, 2018 to 2034
FIG. 04: Global Integrated Urban Traffic Control System Segment Market Value (US$ Bn) By Region, 2018 to 2023
FIG. 05: Global Integrated Urban Traffic Control System Segment Market Value (US$ Bn) By Region, 2024 to 2034
FIG. 06: Global Integrated Urban Traffic Control System Segment Y-o-Y Growth Rate, By Region, 2018 to 2034
FIG. 07: Global Freeway Management System Segment Market Value (US$ Bn) By Region, 2018 to 2023
FIG. 08: Global Freeway Management System Segment Market Value (US$ Bn) By Region, 2024 to 2034
FIG. 09: Global Freeway Management System Segment Y-o-Y Growth Rate, By Region, 2018 to 2034
FIG. 10: Global Electronic Toll Collection System Segment Market Value (US$ Bn) By Region, 2018 to 2023
FIG. 11: Global Electronic Toll Collection System Segment Market Value (US$ Bn) By Region, 2024 to 2034
FIG. 12: Global Electronic Toll Collection System Segment Y-o-Y Growth Rate, By Region, 2018 to 2034
FIG. 13: Global Tunnel Management System Segment Market Value (US$ Bn) By Region, 2018 to 2023
FIG. 14: Global Tunnel Management System Segment Market Value (US$ Bn) By Region, 2024 to 2034
FIG. 15: Global Tunnel Management System Segment Y-o-Y Growth Rate, By Region, 2018 to 2034
FIG. 16: Global Border Control System Segment Market Value (US$ Bn) By Region, 2018 to 2023
FIG. 17: Global Border Control System Segment Market Value (US$ Bn) By Region, 2024 to 2034
FIG. 18: Global Border Control System Segment Y-o-Y Growth Rate, By Region, 2018 to 2034
FIG. 19: Global Violation and Measurement Systems Segment Market Value (US$ Bn) By Region, 2018 to 2023
FIG. 20: Global Violation and Measurement Systems Segment Market Value (US$ Bn) By Region, 2024 to 2034
FIG. 21: Global Violation and Measurement Systems Segment Y-o-Y Growth Rate, By Region, 2018 to 2034
FIG. 22: Global Emergency Response Systems Segment Market Value (US$ Bn) By Region, 2018 to 2023
FIG. 23: Global Emergency Response Systems Segment Market Value (US$ Bn) By Region, 2024 to 2034
FIG. 24: Global Emergency Response Systems Segment Y-o-Y Growth Rate, By Region, 2018 to 2034
FIG. 25: Global Parking Management System Segment Market Value (US$ Bn) By Region, 2018 to 2023
FIG. 26: Global Parking Management System Segment Market Value (US$ Bn) By Region, 2024 to 2034
FIG. 27: Global Parking Management System Segment Y-o-Y Growth Rate, By Region, 2018 to 2034
FIG. 28: Global Variable / Dynamic Message Signs Segment Market Value (US$ Bn) By Region, 2018 to 2023
FIG. 29: Global Variable / Dynamic Message Signs Segment Market Value (US$ Bn) By Region, 2024 to 2034
FIG. 30: Global Variable / Dynamic Message Signs Segment Y-o-Y Growth Rate, By Region, 2018 to 2034
FIG. 31: Global Other Systems Segment Market Value (US$ Bn) By Region, 2018 to 2023
FIG. 32: Global Other Systems Segment Market Value (US$ Bn) By Region, 2024 to 2034
FIG. 33: Global Other Systems Segment Y-o-Y Growth Rate, By Region, 2018 to 2034
FIG. 34: Global Federal and Provincial Government Segment Market Value (US$ Bn) By Region, 2018 to 2023
FIG. 35: Global Federal and Provincial Government Segment Market Value (US$ Bn) By Region, 2024 to 2034
FIG. 36: Global Federal and Provincial Government Segment Y-o-Y Growth Rate, By Region, 2018 to 2034
FIG. 37: Global Infrastructure Enterprises & PPPs Segment Market Value (US$ Bn) By Region, 2018 to 2023
FIG. 38: Global Infrastructure Enterprises & PPPs Segment Market Value (US$ Bn) By Region, 2024 to 2034
FIG. 39: Global Infrastructure Enterprises & PPPs Segment Y-o-Y Growth Rate, By Region, 2018 to 2034
FIG. 40: Global Industries & Commercial Enterprise Segment Market Value (US$ Bn) By Region, 2018 to 2023
FIG. 41: Global Industries & Commercial Enterprise Segment Market Value (US$ Bn) By Region, 2024 to 2034
FIG. 42: Global Industries & Commercial Enterprise Segment Y-o-Y Growth Rate, By Region, 2018 to 2034
FIG. 43: Global Traffic Controllers and Signals Segment Market Value (US$ Bn) By Region, 2018 to 2023
FIG. 44: Global Traffic Controllers and Signals Segment Market Value (US$ Bn) By Region, 2024 to 2034
FIG. 45: Global Traffic Controllers and Signals Segment Y-o-Y Growth Rate, By Region, 2018 to 2034
FIG. 46: Global Detectors & Sensors Segment Market Value (US$ Bn) By Region, 2018 to 2023
FIG. 47: Global Detectors & Sensors Segment Market Value (US$ Bn) By Region, 2024 to 2034
FIG. 48: Global Detectors & Sensors Segment Y-o-Y Growth Rate, By Region, 2018 to 2034
FIG. 49: Global Server Segment Market Value (US$ Bn) By Region, 2018 to 2023
FIG. 50: Global Server Segment Market Value (US$ Bn) By Region, 2024 to 2034
FIG. 51: Global Server Segment Y-o-Y Growth Rate, By Region, 2018 to 2034
FIG. 52: Global GUI Workstation Segment Market Value (US$ Bn) By Region, 2018 to 2023
FIG. 53: Global GUI Workstation Segment Market Value (US$ Bn) By Region, 2024 to 2034
FIG. 54: Global GUI Workstation Segment Y-o-Y Growth Rate, By Region, 2018 to 2034
FIG. 55: Global Video Walls Segment Market Value (US$ Bn) By Region, 2018 to 2023
FIG. 56: Global Video Walls Segment Market Value (US$ Bn) By Region, 2024 to 2034
FIG. 57: Global Video Walls Segment Y-o-Y Growth Rate, By Region, 2018 to 2034
FIG. 58: Global 3D Simulators Segment Market Value (US$ Bn) By Region, 2018 to 2023
FIG. 59: Global 3D Simulators Segment Market Value (US$ Bn) By Region, 2024 to 2034
FIG. 60: Global 3D Simulators Segment Y-o-Y Growth Rate, By Region, 2018 to 2034
FIG. 61: Global Surveillance Cameras Segment Market Value (US$ Bn) By Region, 2018 to 2023
FIG. 62: Global Surveillance Cameras Segment Market Value (US$ Bn) By Region, 2024 to 2034
FIG. 63: Global Surveillance Cameras Segment Y-o-Y Growth Rate, By Region, 2018 to 2034
FIG. 64: Global Other Components Segment Market Value (US$ Bn) By Region, 2018 to 2023
FIG. 65: Global Other Components Segment Market Value (US$ Bn) By Region, 2024 to 2034
FIG. 66: Global Other Components Segment Y-o-Y Growth Rate, By Region, 2018 to 2034
FIG. 67: North America Market Value (US$ Bn), By Country 2018 to 2023
FIG. 68: North America Market Value (US$ Bn), By Country 2024 to 2034
FIG. 69: North America Market Value (US$ Bn), By Product Type 2018 to 2023
FIG. 70: North America Market Value (US$ Bn), By Product Type 2024 to 2034
FIG. 71: North America Market Value (US$ Bn), By Spender Type 2018 to 2023
FIG. 72: North America Market Value (US$ Bn), By Spender Type 2024 to 2034
FIG. 73: North America Market Value (US$ Bn), By Components 2018 to 2023
FIG. 74: North America Market Value (US$ Bn), By Components 2024 to 2034
FIG. 75: Latin America Market Value (US$ Bn), By Country 2018 to 2023
FIG. 76: Latin America Market Value (US$ Bn), By Country 2024 to 2034
FIG. 77: Latin America Market Value (US$ Bn), By Product Type 2018 to 2023
FIG. 78: Latin America Market Value (US$ Bn), By Product Type 2024 to 2034
FIG. 79: Latin America Market Value (US$ Bn), By Spender Type 2018 to 2023
FIG. 80: Latin America Market Value (US$ Bn), By Spender Type 2024 to 2034
FIG. 81: Latin America Market Value (US$ Bn), By Components 2018 to 2023
FIG. 82: Latin America Market Value (US$ Bn), By Components 2024 to 2034
FIG. 83: Europe Market Value (US$ Bn), By Country 2018 to 2023
FIG. 84: Europe Market Value (US$ Bn), By Country 2024 to 2034
FIG. 85: Europe Market Value (US$ Bn), By Product Type 2018 to 2023
FIG. 86: Europe Market Value (US$ Bn), By Product Type 2024 to 2034
FIG. 87: Europe Market Value (US$ Bn), By Spender Type 2018 to 2023
FIG. 88: Europe Market Value (US$ Bn), By Spender Type 2024 to 2034
FIG. 89: Europe Market Value (US$ Bn), By Components 2018 to 2023
FIG. 90: Europe Market Value (US$ Bn), By Components 2024 to 2034
FIG. 91: Japan Market Value (US$ Bn), By Country 2018 to 2023
FIG. 92: Japan Market Value (US$ Bn), By Country 2024 to 2034
FIG. 93: Japan Market Value (US$ Bn), By Product Type 2018 to 2023
FIG. 94: Japan Market Value (US$ Bn), By Product Type 2024 to 2034
FIG. 95: Japan Market Value (US$ Bn), By Components 2018 to 2023
FIG. 96: Japan Market Value (US$ Bn), By Spender Type 2024 to 2034
FIG. 97: Japan Market Value (US$ Bn), By Components 2018 to 2023
FIG. 98: Japan Market Value (US$ Bn), By Components 2024 to 2034
FIG. 99: APEJ Market Value (US$ Bn), By Country 2018 to 2023
FIG. 100: APEJ Market Value (US$ Bn), By Country 2024 to 2034
FIG. 101: APEJ Market Value (US$ Bn), By Product Type 2018 to 2023
FIG. 102: APEJ Market Value (US$ Bn), By Product Type 2024 to 2034
FIG. 103: APEJ Market Value (US$ Bn), By Spender Type 2018 to 2023
FIG. 104: APEJ Market Value (US$ Bn), By Spender Type 2024 to 2034
FIG. 105: APEJ Market Value (US$ Bn), By Components 2018 to 2023
FIG. 106: APEJ Market Value (US$ Bn), By Components 2024 to 2034
FIG. 107: MEA Market Value (US$ Bn), By Country 2018 to 2023
FIG. 108: MEA Market Value (US$ Bn), By Country 2024 to 2034
FIG. 109: MEA Market Value (US$ Bn), By Product Type 2018 to 2023
FIG. 110: MEA Market Value (US$ Bn), By Product Type 2024 to 2034
FIG. 111: MEA Market Value (US$ Bn), By Spender Type 2018 to 2023
FIG. 112: MEA Market Value (US$ Bn), By Spender Type 2024 to 2034
FIG. 113: MEA Market Value (US$ Bn), By Components 2018 to 2023
FIG. 114: MEA Market Value (US$ Bn), By Components 2024 to 2034
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- FAQs -
How big is the intelligent traffic management system market in 2024?
The global intelligent traffic management system market has been valued at US$ 21.55 billion in 2024.
What is the demand outlook for intelligent traffic management systems for 2034?
Worldwide demand for intelligent traffic management systems is anticipated to reach a market worth of US$ 41.22 billion by 2034.
What is the approximate growth rate for the global market?
The global market is forecasted to expand at a CAGR of 6.7% from 2024 to 2034.
How much share of the global market is East Asia anticipated to account for?
East Asia is projected to hold 33.7% share of global market revenue by 2034.
At what CAGR are the sales of intelligent traffic management systems projected to rise in South Korea?
The market in South Korea is approximated to rise at 9.9% CAGR from 2024 to 2034.
What is the contribution of integrated urban traffic control systems to global market revenue?
Integrated urban traffic control systems are evaluated to hold 24.9% of the global market revenue share by 2034-end.
What are the advantages of intelligent traffic management systems?
Intelligent traffic management systems offer a real-time overview of traffic conditions and enable authorities to take required actions for alleviating congestion.
Intelligent Traffic Management System Market