交通管理市場 – 2029年までの世界予測

Traffic Management Market - Global Forecast to 2029

交通管理市場 - 提供内容 [ソリューション (交通監視と分析、適応型交通制御システム、交通取締り管理)、サービス]、適用分野、エンドユーザーおよび地域別 - 2029年までの世界予測
Traffic Management Market by Offering (Solutions (Traffic Monitoring & Analytics, Adaptive Traffic Control System, Traffic Enforcement Management), Services), Areas of Application, End-User and Region - Global Forecast to 2029

商品番号 : SMB-4786

出版社MarketsandMarkets
出版年月2025年1月
ページ数288
図表数358
価格タイプシングルユーザライセンス
価格USD 4,950
種別英文調査報告書

Report Overview

The traffic management market is estimated to be USD 43.53 billion in 2024 to USD 75.74 billion in 2029 at a CAGR of 11.7% from 2024 to 2029.

交通(トラフィック)管理市場は、2024年から2029年までCAGR 11.7%で、2024年に435億3,000万米ドル、2029年には757億4,000万米ドルになると推定されています。

Technology innovations, including AI machine learning and Vehicle-to-Everything communication, have significantly improved traffic management systems. Predictive analytics tools powered by AI technology help cities better predict traffic patterns and reduce delays. Real-time traffic data from IoT devices helps traffic managers make fast decisions and adjust traffic signals automatically. Intelligent Transportation System (ITS) technology connects with autonomous vehicles and connected cars to create better routes while keeping drivers safe and lowering pollution levels. The continuous evolution of these technologies drives adoption, offering scalable solutions to urban mobility challenges.

AI 機械学習や車両間通信などの技術革新により、交通管理システムが大幅に改善されました。 AI テクノロジーを活用した予測分析ツールは、都市が交通パターンをより適切に予測し、遅延を削減するのに役立ちます。 IoT デバイスからのリアルタイムの交通データは、交通管理者が迅速な意思決定を行い、交通信号を自動的に調整するのに役立ちます。高度道路交通システム (ITS) テクノロジーは、自動運転車やコネクテッド カーと接続して、ドライバーの安全を確保し、汚染レベルを下げながら、より良いルートを作成します。これらのテクノロジーの継続的な進化により導入が促進され、都市モビリティの課題に対する拡張性の高いソリューションが提供されます。

交通管理市場 - 2029年までの世界予測
traffic-management-market

“During the forecast period, the urban area of application contributed the largest market share in the traffic management market.”

Urban areas use traffic management systems to improve traffic flow while decreasing delays and making roads safer. The system manages traffic flow by adjusting signals to match current traffic volume and provides smart parking directions to help drivers find empty spots faster. Urban traffic management integrates public transportation systems into operations to make travel easier for everyone. Additionally, eco-friendly initiatives, such as emissions monitoring, encourage people to switch to electric vehicles as part of sustainability programs. These applications work together to improve cities by improving traffic movement while protecting public safety and the environment.

“The adaptive traffic control system solution is projected to register the highest CAGR during the forecast period.”

Adaptive Traffic Control System (ATCS) adjusts traffic signals automatically to match changing road conditions. ATCS observes intersection traffic patterns through sensor readings and Internet of Things (IoT) devices alongside camera data. The system’s advanced analysis software uses traffic data to update signal timing, improving traffic flow and preventing delays while decreasing congestion. This system works well in urban and suburban areas by adjusting traffic signals to match changing traffic levels during busy times and specific events. ATCS helps achieve environmental targets through less fuel usage and decreased vehicle emissions during idle periods. The system improves both traffic flow and safety to become a vital part of smart traffic control technology.

交通管理市場 - 2029年までの世界予測 region
traffic-management-market-region

“Asia Pacific will register the highest growth rate during the forecast period.”

The Asia Pacific region is set to undergo significant growth opportunities in the coming years, with countries such as India, China, Australia, and New Zealand expected to experience high growth rates. The region’s governments are investing in advanced traffic solutions to reduce traffic problems. The Smart City Kochi project in India and the Gateway WA Perth Airport and Freight Access Project in Australia demonstrate how nations use modern technologies to improve their transportation networks. New technology lets us instantly collect traffic data through sensors connecting to internet networks. This data drives important traffic management projects. Real-time traffic data helps create advanced traffic management systems while providing drivers updates to make better travel choices during their journeys.

Breakdown of primaries

The study contains insights from various industry experts, from solution vendors to Tier 1 companies. The break-up of the primaries is as follows:

  • By Company Type: Tier 1 – 25%, Tier 2 – 40%, and Tier 3 – 35%
  • By Designation: C-level –47%, D-level – 32%, and Managers – 21%
  • By Region: North America – 40%, Europe – 35%, Asia Pacific – 35%, ROW-5%

The major players in the traffic management market are Cisco (US), Mundys SpA (Italy), SWARCO (Austria), Siemens (Germany), IBM (US), Kapsch TrafficCom (Austria), Thales Group (France), Q-Free (Norway), PTV Group (Germany), Teledyne FLIR Systems Inc. (US), Cubic Corporation (US), TOMTOM (Netherlands), Huawei (China), ST Engineering (Singapore), ChevronTM (England), Indra Sistemas (Spain), and Econolite (US). These players have adopted various growth strategies, such as partnerships, agreements and collaborations, new product launches, product enhancements, and acquisitions to expand their footprint in the traffic management market.

交通管理市場 - 2029年までの世界予測 ecosystem
traffic-management-market-ecosystem

Research Coverage

The market study covers the traffic management market size across different segments. It aims to estimate the market size and the growth potential across different segments, including components (hardware, solutions, and services), systems, areas of application, and regions. The study includes an in-depth competitive analysis of the leading market players, their company profiles, key observations related to product and business offerings, recent developments, and market strategies.

Key Benefits of Buying the Report

The report will help market leaders and new entrants with information on the closest approximations of the global traffic management market’s revenue numbers and subsegments. It will also help stakeholders understand the competitive landscape and gain more insights to better position their businesses and plan suitable go-to-market strategies. Moreover, the report will provide insights for stakeholders to understand the market’s pulse and provide them with information on key market drivers, restraints, challenges, and opportunities.

The report provides insights on the following pointers:

Analysis of key drivers (rising demand for real-time traffic information to drivers and passengers, an increasingly urban population, rising number of vehicles, and inadequate infrastructure), restraints (labour shortage limiting new projects, slow growth in the infrastructure sector, and lack of standardized and uniform technologies to streamline legacy infrastructure), opportunities (changing pricing dynamics in the traffic management industry, increasing concerns about protecting environment with eco-friendly automobile technology, and growth of analytics software) and challenges (data management and big data issues, multiple sensors and touchpoints pose data fusion challenges, and security threats and hacking challenges) influencing the growth of the traffic management market.

  • Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the traffic management market.
  • Market Development: Comprehensive information about lucrative markets – the report analyses the traffic management market across various regions.
  • Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the traffic management market.
  • Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players like Cisco (US), Mundys SpA (Italy), SWARCO (Austria), Siemens (Germany), IBM (US), Kapsch TrafficCom (Austria), Thales Group (France), Q-Free (Norway), PTV Group (Germany), Teledyne FLIR Systems Inc. (US), Cubic Corporation (US), TOMTOM (Netherlands), Huawei (China), ST Engineering (Singapore), ChevronTM (England), Indra Sistemas (Spain), and Econolite (US).

Table of Contents

1               INTRODUCTION              30

1.1           STUDY OBJECTIVES       30

1.2           MARKET DEFINITION   30

1.3           STUDY SCOPE   31

1.3.1        MARKET SEGMENTATION           31

1.3.2        INCLUSIONS AND EXCLUSIONS 32

1.3.3        YEARS CONSIDERED      32

1.4           CURRENCY CONSIDERED            32

1.5           STAKEHOLDERS               33

1.6           SUMMARY OF CHANGES               33

2               RESEARCH METHODOLOGY       34

2.1           RESEARCH DATA              34

2.1.1        SECONDARY DATA          35

2.1.2        PRIMARY DATA 35

2.1.2.1    Breakdown of primaries      36

2.1.2.2    Primary interviews with experts         36

2.1.2.3    Key industry insights           36

2.2           MARKET SIZE ESTIMATION         37

2.2.1        BOTTOM-UP APPROACH              37

2.2.1.1    Approach for capturing market share using bottom-up analysis (Demand side)      37

2.2.1.2    Demand-side analysis          38

2.2.2        TOP-DOWN APPROACH                39

2.2.2.1    Approach for capturing market share using top-down analysis (Supply side)         39

2.2.2.2    Supply-side analysis             40

2.3           DATA TRIANGULATION                41

2.4           RISK ASSESSMENT           42

2.5           RESEARCH ASSUMPTIONS           42

2.6           RESEARCH LIMITATIONS             43

3               EXECUTIVE SUMMARY  44

4               PREMIUM INSIGHTS       46

4.1           ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN TRAFFIC MANAGEMENT MARKET            46

4.2           TRAFFIC MANAGEMENT MARKET, BY OFFERING                 46

4.3           TRAFFIC MANAGEMENT MARKET, BY SOLUTION                 47

4.4           TRAFFIC MANAGEMENT MARKET, BY AREA OF APPLICATION   47

4.5           TRAFFIC MANAGEMENT MARKET, BY END USER                 48

4.6           EUROPE: TRAFFIC MANAGEMENT MARKET, BY KEY SOLUTIONS AND END USERS     48

5               MARKET OVERVIEW AND INDUSTRY TRENDS    49

5.1           INTRODUCTION              49

5.2           MARKET DYNAMICS       49

5.2.1        DRIVERS               50

5.2.1.1    Increased traffic congestion and need for road safety measures                 50

5.2.1.2    Rising demand for real-time traffic information from drivers and passengers              50

5.2.1.3    Increasing concerns related to public safety     51

5.2.1.4    Growing urban population, rising number of vehicles, and inadequate infrastructure    51

5.2.1.5    Government initiatives for effective traffic management                 52

5.2.1.6    Growing popularity of AI-powered traffic management                 52

5.2.2        RESTRAINTS      52

5.2.2.1    Labor shortage      52

5.2.2.2    Slow growth in infrastructure sector 53

5.2.2.3    Lack of standardized and uniform technologies               53

5.2.2.4    Data privacy and security    53

5.2.3        OPPORTUNITIES              53

5.2.3.1    Changing cost dynamics      53

5.2.3.2    Increasing environmental concerns   54

5.2.3.3    Design and development of smart vehicles compatible with advanced technologies         54

5.2.3.4    Growth of analytics software               54

5.2.3.5    Evolving 5G technology and transformation of traffic management systems           55

5.2.4        CHALLENGES    55

5.2.4.1    Data management and big data issues              55

5.2.4.2    High expenses associated with equipment installation   55

5.2.4.3    Security threats and hacking challenges           56

5.2.4.4    Data fusion challenges         56

5.3           EVOLUTION OF TRAFFIC MANAGEMENT SOLUTIONS                 56

5.3.1        1960S–1970S         57

5.3.2        1980S–1990S         57

5.3.3        2000S–2010S         57

5.3.4        2020S–PRESENT 57

5.4           ECOSYSTEM ANALYSIS  58

5.5           CASE STUDY ANALYSIS 59

5.5.1        CASE STUDY 1: BUENOS AIRES DEPLOYED SGIM SOFTWARE IN CONJUNCTION WITH KAPSCH’S ECOTRAFIX PLATFORM TO UNIFY EXISTING UTC SYSTEMS 59

5.5.2        CASE STUDY 2: HUAWEI HELPED LAHORE CITY DEVELOP NEW TRAFFIC MANAGEMENT SYSTEM TO MANAGE CONGESTION   60

5.5.3        CASE STUDY 3: ROMANIAN CITY OF TIMISOARA DEPLOYED SWARCO’S INTEGRATED TRAFFIC CONTROL AND VIDEO SURVEILLANCE SYSTEM TO SMOOTHEN TRAFFIC FLOW                 61

5.5.4        CASE STUDY 4: DATA COLLECTION LIMITED ENHANCED ROAD INFRASTRUCTURE MANAGEMENT WITH TELEDYNE FLIR IMAGING SOLUTIONS 61

5.5.5        CASE STUDY 5: THTC & TOMTOM SUCCESSFULLY MANAGED TRAFFIC AT 2023 AFC ASIAN CUP QATAR       62

5.6           SUPPLY CHAIN ANALYSIS             63

5.7           TRAFFIC MANAGEMENT DATA FLOW PROCESS 65

5.8           TARIFF AND REGULATORY LANDSCAPE               65

5.8.1        TARIFF RELATED TO TRAFFIC MANAGEMENT SYSTEMS                 65

5.8.2        REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS             66

5.8.3        KEY REGULATIONS         68

5.8.3.1    North America      68

5.8.3.1.1 Manual on Traffic Control Devices for Streets and Highways                 68

5.8.3.1.2 National Highway Traffic Safety Administration (NHTSA)                 68

5.8.3.1.3 Federal Motor Carrier Safety Administration  68

5.8.3.1.4 Federal Highway Administration       68

5.8.3.2    Europe   68

5.8.3.2.1 General Data Protection Regulation 68

5.8.3.2.2 General Safety Regulation (GSR)      69

5.8.3.3    Asia Pacific            69

5.8.3.3.1 General Safety Regulation (GSR)      69

5.8.3.3.2 Road Traffic Safety Law of the People’s Republic of China                 69

5.8.3.3.3 Road Traffic Act   69

5.8.3.3.4 Road Transport Vehicle Act                69

5.8.3.4    Rest of the World 70

5.8.3.4.1 Manual on Traffic Control Devices for Streets and Highways                 70

5.8.3.4.2 National Road Traffic Act, 1996        70

5.8.3.4.3 Mexico’s National Law of Mobility and Road Safety       70

5.9           PRICING ANALYSIS          70

5.9.1        AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY SOLUTION          70

5.9.2        INDICATIVE PRICING ANALYSIS OF KEY PLAYERS                 71

5.10         TECHNOLOGY ANALYSIS             72

5.10.1      KEY TECHNOLOGIES     72

5.10.1.1  Artificial intelligence (AI)   72

5.10.1.2  Internet of Things (IoT)     72

5.10.1.3  Geographic information systems (GIS)            73

5.10.1.4  Automatic number plate recognition (ANPR) 73

5.10.1.5  Vehicle-to-infrastructure (V2I) and vehicle-to-everything (V2X)                 73

5.10.2      COMPLEMENTARY TECHNOLOGIES       74

5.10.2.1  Big data and analytics          74

5.10.2.2  Edge computing   74

5.10.2.3  5G           74

5.10.3      ADJACENT TECHNOLOGIES       75

5.10.3.1  Advanced traffic management systems (ATMS)             75

5.10.3.2  Smart city solutions              75

5.10.3.3  Blockchain             75

5.11         PATENT ANALYSIS          76

5.12         PORTER’S FIVE FORCES ANALYSIS           80

5.12.1      INTENSITY OF COMPETITIVE RIVALRY 81

5.12.2      BARGAINING POWER OF SUPPLIERS       81

5.12.3      BARGAINING POWER OF BUYERS             81

5.12.4      THREAT OF SUBSTITUTES          81

5.12.5      THREAT OF NEW ENTRANTS      81

5.13         TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS            82

5.14         KEY STAKEHOLDERS AND BUYING CRITERIA     82

5.14.1      KEY STAKEHOLDERS IN BUYING PROCESS           82

5.14.2      BUYING CRITERIA           83

5.15         KEY CONFERENCES AND EVENTS, 2025–2026        84

5.16         TECHNOLOGY ROADMAP            85

5.16.1      TRAFFIC MANAGEMENT TECHNOLOGY ROADMAP TILL 2030        85

5.16.1.1  Short-term roadmap (2024–2026)     85

5.16.1.2  Mid-term roadmap (2026–2028)       85

5.16.1.3  Long-term roadmap (2028–2030)     85

5.17         BEST PRACTICES IN TRAFFIC MANAGEMENT MARKET                 86

5.18         BUSINESS MODELS         86

5.19         TRAFFIC MANAGEMENT TOOLS, FRAMEWORKS, AND TECHNIQUES    87

5.20         TRADE ANALYSIS             87

5.20.1      EXPORT SCENARIO FOR HS CODE: 8530 87

5.20.2      IMPORT SCENARIO FOR HS CODE: 8530 88

5.21         INVESTMENT AND FUNDING SCENARIO               89

5.22         IMPACT OF AI/GENERATIVE AI ON TRAFFIC MANAGEMENT MARKET               89

5.22.1      IMPACT OF AI/GENERATIVE AI ON TRAFFIC MANAGEMENT 89

5.22.2      USE CASES OF GENERATIVE AI IN TRAFFIC MANAGEMENT 90

6               TRAFFIC MANAGEMENT MARKET, BY OFFERING                 91

6.1           INTRODUCTION              92

6.1.1        OFFERING: TRAFFIC MANAGEMENT MARKET DRIVERS                 92

6.2           SOLUTIONS        93

6.2.1        TRAFFIC MONITORING & ANALYTICS    95

6.2.1.1    Offering smarter insights for efficient road management                 95

6.2.2        ADAPTIVE TRAFFIC CONTROL  96

6.2.2.1    Providing real-time signal coordination for enhanced traffic flow and reduced congestion       96

6.2.3        TRAFFIC ENFORCEMENT MANAGEMENT             97

6.2.3.1    Leveraging advanced technologies to ensure safer roads and reduced violations 97

6.2.4        INCIDENT DETECTION & MANAGEMENT             98

6.2.4.1    Optimizing road safety and traffic flow with real-time incident detection and management solutions                98

6.2.5        ELECTRONIC TOLL MANAGEMENT        99

6.2.5.1    Revolutionizing traffic flow with advanced electronic toll management solutions         99

6.2.6        OTHER SOLUTIONS        100

6.3           SERVICES             102

6.3.1        CONSULTING    103

6.3.1.1    Optimizing traffic management and infrastructure        103

6.3.2        IMPLEMENTATION         104

6.3.2.1    Streamlining business applications by integrating various modules of day-to-day operations      104

6.3.3        SUPPORT & MAINTENANCE        105

6.3.3.1    Ensuring smooth functioning of traffic management solutions                 105

7               TRAFFIC MANAGEMENT MARKET, BY AREA OF APPLICATION   107

7.1           INTRODUCTION              108

7.1.1        AREA OF APPLICATION: TRAFFIC MANAGEMENT MARKET DRIVERS            108

7.2           URBAN 109

7.2.1        NEED FOR EFFICIENT MANAGEMENT OF COMPLEX URBAN TRAFFIC TO DRIVE MARKET       109

7.3           INTER-URBAN   110

7.3.1        DEMAND FOR SAFE AND EFFICIENT TRAVEL ON INTER-URBAN ROUTES TO DRIVE MARKET       110

7.4           RURAL  111

7.4.1        NEED TO MANAGE UNIQUE TRAFFIC CHALLENGES IN LESS DENSELY POPULATED RURAL AREAS TO DRIVE MARKET                 111

8               TRAFFIC MANAGEMENT MARKET, BY END USER                 113

8.1           INTRODUCTION              114

8.1.1        END USER: TRAFFIC MANAGEMENT MARKET DRIVERS                 114

8.2           GOVERNMENT 115

8.2.1        FOCUS ON TRANSFORMING PUBLIC INFRASTRUCTURE WITH SMART TRAFFIC MANAGEMENT SOLUTIONS FOR SAFER AND SUSTAINABLE CITIES           115

8.3           PRIVATE               116

8.3.1        FOCUS ON MANAGING INCREASING TRAFFIC CONGESTION AND IMPROVING                116

9               TRAFFIC MANAGEMENT MARKET, BY REGION  118

9.1           INTRODUCTION              119

9.2           NORTH AMERICA             120

9.2.1        NORTH AMERICA: MACROECONOMIC OUTLOOK                 120

9.2.2        US           124

9.2.2.1    Government initiatives to revamp, expand, and modernize existing traffic management infrastructure to drive market           124

9.2.3        CANADA               127

9.2.3.1    Development of smart cities to drive market   127

9.3           EUROPE               130

9.3.1        EUROPE: MACROECONOMIC OUTLOOK               131

9.3.2        UK          135

9.3.2.1    Government initiatives to standardize transport interfaces supported by collaborations and partnerships to drive market      135

9.3.3        ITALY    138

9.3.3.1    Government investment in road safety, traffic flow, and congestion alleviation to drive market               138

9.3.4        GERMANY           141

9.3.4.1    2030 Federal Transport Infrastructure Plan to drive market                 141

9.3.5        FRANCE                141

9.3.5.1    Advancements in robotics and IoT, especially in public transportation, to drive market           141

9.3.6        SPAIN    142

9.3.6.1    Focus on bolstering public transportation to drive market                 142

9.3.7        REST OF EUROPE             142

9.4           ASIA PACIFIC     143

9.4.1        ASIA PACIFIC: MACROECONOMIC OUTLOOK     143

9.4.2        CHINA  148

9.4.2.1    Investment in AI-powered traffic management systems and Internet of Vehicle Technologies (IoVT) to drive market              148

9.4.3        INDIA    151

9.4.3.1    Government focus on AI adoption for enhanced road safety to drive market          151

9.4.4        JAPAN   154

9.4.4.1    Establishment of Digital Agency for Society 5.0 to drive market                 154

9.4.5        AUSTRALIA & NEW ZEALAND     154

9.4.5.1    Implementation of smart city projects to accelerate market growth    154

9.4.6        REST OF ASIA PACIFIC   155

9.5           MIDDLE EAST & AFRICA                155

9.5.1        MIDDLE EAST & AFRICA: MACROECONOMIC OUTLOOK                 155

9.5.2        GCC COUNTRIES              159

9.5.2.1    KSA        163

9.5.2.1.1 Initiatives toward comprehensive transport planning analysis and performance reporting to drive market             163

9.5.2.2    UAE        166

9.5.2.2.1 Collaborations with prominent players for building smart traffic systems to drive market       166

9.5.2.3    Qatar      167

9.5.2.3.1 Growth in smart infrastructure and digital innovation to propel market    167

9.5.2.4    Rest of GCC countries         167

9.5.3        SOUTH AFRICA 167

9.5.3.1    Rising urban congestion and safety concerns to drive market                 167

9.5.4        REST OF MIDDLE EAST & AFRICA             168

9.6           LATIN AMERICA                168

9.6.1        LATIN AMERICA: MACROECONOMIC OUTLOOK                 169

9.6.2        BRAZIL 172

9.6.2.1    Increasing focus on vehicle monitoring and incident management to drive market      172

9.6.3        MEXICO                175

9.6.3.1    Rising demand for improved transport infrastructure to drive market    175

9.6.4        REST OF LATIN AMERICA             176

10            COMPETITIVE LANDSCAPE         177

10.1         INTRODUCTION              177

10.2         KEY PLAYER STRATEGIES/RIGHT TO WIN, 2020–2024                 177

10.3         REVENUE ANALYSIS, 2019–2023  178

10.4         MARKET SHARE ANALYSIS, 2023                 179

10.5         COMPANY EVALUATION MATRIX: KEY PLAYERS, 2024                 181

10.5.1      STARS   181

10.5.2      EMERGING LEADERS     181

10.5.3      PERVASIVE PLAYERS      181

10.5.4      PARTICIPANTS 181

10.5.5      COMPANY FOOTPRINT: KEY PLAYERS, 2024         183

10.5.5.1  Company footprint               183

10.5.5.2  Region footprint   184

10.5.5.3  Offering footprint 185

10.5.5.4  Area of application footprint               186

10.5.5.5  End user footprint                 187

10.6         COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2024        188

10.6.1      PROGRESSIVE COMPANIES         188

10.6.2      RESPONSIVE COMPANIES            188

10.6.3      DYNAMIC COMPANIES  188

10.6.4      STARTING BLOCKS         188

10.6.5      COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2024                 190

10.6.5.1  Detailed list of key startups/SMEs    190

10.6.5.2  Competitive benchmarking of key startups/SMEs          191

10.7         COMPETITIVE SCENARIO             191

10.7.1      PRODUCT LAUNCHES   191

10.7.2      DEALS  194

10.8         TRAFFIC MANAGEMENT PRODUCT BENCHMARKING                 201

10.8.1      PROMINENT TRAFFIC MANAGEMENT SOLUTIONS                 201

10.8.1.1  IBM intelligent transportation solution            201

10.8.1.2  Huawei intelligent traffic management system (ITMS) 201

10.8.1.3  Kapsch TrafficCom intelligent transportation system (ITS)                 201

10.8.1.4  SWARCO cooperative intelligent transport system  (SWARCO C-ITS)   202

10.9         COMPANY VALUATION AND FINANCIAL METRICS                 202

10.10       BRAND COMPARISON   203

11            COMPANY PROFILES      204

11.1         MAJOR PLAYERS               204

11.1.1      HUAWEI               204

11.1.1.1  Business overview 204

11.1.1.2  Products/Solutions/Services offered 205

11.1.1.3  Recent developments           206

11.1.1.3.1                Deals      206

11.1.1.4  MnM view              206

11.1.1.4.1                Right to win           206

11.1.1.4.2                Strategic choices   206

11.1.1.4.3                Weaknesses and competitive threats 206

11.1.2      MUNDYS SPA     207

11.1.2.1  Business overview 207

11.1.2.2  Products/Solutions/Services offered 208

11.1.2.3  Recent developments           210

11.1.2.3.1                Products launches                 210

11.1.2.3.2                Deals      210

11.1.2.4  MnM view              211

11.1.2.4.1                Right to win           211

11.1.2.4.2                Strategic choices   211

11.1.2.4.3                Weaknesses and competitive threats 212

11.1.3      CISCO   213

11.1.3.1  Business overview 213

11.1.3.2  Products/Solutions/Services offered 214

11.1.3.3  Recent developments           215

11.1.3.3.1                Products launches                 215

11.1.3.3.2                Deals      215

11.1.3.4  MnM view              216

11.1.3.4.1                Right to win           216

11.1.3.4.2                Strategic choices   216

11.1.3.4.3                Weaknesses and competitive threats 216

11.1.4      SWARCO               217

11.1.4.1  Business overview 217

11.1.4.2  Products/Solutions/Services offered 217

11.1.4.3  Recent developments           220

11.1.4.3.1                Deals      220

11.1.4.4  MnM view              221

11.1.4.4.1                Right to win           221

11.1.4.4.2                Strategic choices   221

11.1.4.4.3                Weaknesses and competitive threats 221

11.1.5      TELEDYNE FLIR                222

11.1.5.1  Business overview 222

11.1.5.2  Products/Solutions/Services offered 223

11.1.5.3  Recent developments           224

11.1.5.3.1                Product launches & enhancements    224

11.1.5.3.2                Deals      225

11.1.5.4  MnM view              225

11.1.5.4.1                Right to win           225

11.1.5.4.2                Strategic choices   225

11.1.5.4.3                Weaknesses and competitive threats 226

11.1.6      KAPSCH TRAFFICCOM  227

11.1.6.1  Business overview 227

11.1.6.2  Products/Solutions/Services offered 228

11.1.6.3  Recent developments           229

11.1.6.3.1                Product launches & enhancements    229

11.1.6.3.2                Deals      229

11.1.7      SIEMENS              230

11.1.7.1  Business overview 230

11.1.7.2  Products/Solutions/Services offered 231

11.1.7.3  Recent developments           232

11.1.7.3.1                Deals      232

11.1.8      IBM        233

11.1.8.1  Business overview 233

11.1.8.2  Products/Solutions/Services offered 234

11.1.8.3  Recent developments           235

11.1.8.3.1                Developments       235

11.1.9      Q-FREE 236

11.1.9.1  Business overview 236

11.1.9.2  Products/Solutions/Services offered 237

11.1.9.3  Recent developments           237

11.1.9.3.1                Product launches & enhancements    237

11.1.9.3.2                Deals      238

11.1.10   THALES GROUP                239

11.1.10.1                 Business overview 239

11.1.10.2                 Products/Solutions/Services offered 240

11.1.10.3                 Recent developments           241

11.1.10.3.1             Deals      241

11.1.11   PTV GROUP        242

11.1.11.1                 Business overview 242

11.1.11.2                 Products/Solutions/Services offered 242

11.1.11.3                 Recent developments           243

11.1.11.3.1             Product launches & enhancements    243

11.1.11.3.2             Deals      244

11.1.12   CUBIC CORPORATION  245

11.1.12.1                 Business overview 245

11.1.12.2                 Products/Solutions/Services offered 245

11.1.12.3                 Recent developments           246

11.1.12.3.1             Product launches & enhancements    246

11.1.12.3.2             Deals      246

11.1.13   TOMTOM            248

11.1.13.1                 Business overview 248

11.1.13.2                 Products/Solutions/Services offered 249

11.1.13.3                 Recent developments           250

11.1.13.3.1             Product launches & enhancements    250

11.1.13.3.2             Deals      250

11.1.14   ST ENGINEERING             251

11.1.14.1                 Business overview 251

11.1.14.2                 Products/Solutions/Services offered 252

11.1.14.3                 Recent developments           253

11.1.14.3.1             Product launches & enhancements    253

11.1.14.3.2             Deals      253

11.1.15   CHEVRON TM   254

11.1.15.1                 Business overview 254

11.1.15.2                 Products/Solutions/Services offered 254

11.1.15.3                 Recent developments           255

11.1.15.3.1             Deals      255

11.1.16   INDRA  257

11.1.16.1                 Business overview 257

11.1.16.2                 Products/Solutions/Services offered 257

11.1.16.3                 Recent developments           258

11.1.16.3.1             Deals      258

11.1.17   ECONOLITE       259

11.1.17.1                 Business overview 259

11.1.17.2                 Products/Solutions/Services offered 259

11.1.18   ALMAVIVA SPA 261

11.2         STARTUPS/SMES              262

11.2.1      INRIX     262

11.2.2      NOTRAFFIC        263

11.2.3      TAGMASTER      264

11.2.4      BERCMAN TECHNOLOGIES         265

11.2.5      VALERANN          266

11.2.6      MIOVISION         267

11.2.7      BLUESIGNAL     268

11.2.8      TELEGRA             269

11.2.9      ORIUX   270

11.2.10   INVARION           271

11.2.11   REKOR  272

12            ADJACENT/RELATED MARKETS                273

12.1         INTRODUCTION              273

12.2         SMART TRANSPORTATION MARKET – GLOBAL FORECAST TO 2028          273

12.2.1      MARKET DEFINITION   273

12.2.2      MARKET OVERVIEW       273

12.2.2.1  Smart transportation market, by transportation mode   274

12.2.2.2  Smart transportation market, by roadway         274

12.2.2.3  Smart transportation market, by railway           275

12.2.2.4  Smart transportation market, by airway            276

12.2.2.5  Smart transportation market, by maritime       276

12.2.2.6  Smart transportation market, by region            277

12.3         PARKING MANAGEMENT MARKET – GLOBAL FORECAST TO 2029                 278

12.3.1      MARKET DEFINITION   278

12.3.2      MARKET OVERVIEW       278

12.3.2.1  Parking management market, by offering         278

12.3.2.2  Parking management market, by parking site 279

12.3.2.3  Parking management market, by end use         279

12.3.2.4  Parking management market, by region           280

13            APPENDIX           281

13.1         DISCUSSION GUIDE        281

13.2         KNOWLEDGESTORE: MARKETSANDMARKETS’  SUBSCRIPTION PORTAL                284

13.3         CUSTOMIZATION OPTIONS        286

13.4         RELATED REPORTS         286

13.5         AUTHOR DETAILS           287

LIST OF TABLES

TABLE 1                USD EXCHANGE RATES, 2021–2023            33

TABLE 2                PRIMARY INTERVIEWS  36

TABLE 3                RISK ASSESSMENT           42

TABLE 4                ROLE OF PLAYERS IN MARKET ECOSYSTEM                 58

TABLE 5                TARIFF RELATED TO ELECTRICAL SIGNALING, SAFETY, AND TRAFFIC

CONTROL EQUIPMENT 65

TABLE 6                NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS  66

TABLE 7                EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS  66

TABLE 8                ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS  67

TABLE 9                REST OF THE WORLD: REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS  67

TABLE 10              AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY SOLUTION               71

TABLE 11              INDICATIVE PRICING ANALYSIS OF KEY TRAFFIC MANAGEMENT MARKET PLAYERS        71

TABLE 12              LIST OF MAJOR PATENTS, 2014–2025        77

TABLE 13              IMPACT OF PORTER’S FIVE FORCES ON TRAFFIC MANAGEMENT MARKET            80

TABLE 14              INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR KEY AREAS OF APPLICATION        83

TABLE 15              KEY BUYING CRITERIA FOR KEY AREAS OF APPLICATION   83

TABLE 16              LIST OF KEY CONFERENCES AND EVENTS, 2025–2026        84

TABLE 17              TRAFFIC MANAGEMENT MARKET, BY OFFERING, 2019–2023 (USD MILLION)     93

TABLE 18              TRAFFIC MANAGEMENT MARKET, BY OFFERING, 2024–2029 (USD MILLION)     93

TABLE 19              TRAFFIC MANAGEMENT MARKET, BY SOLUTION, 2019–2023 (USD MILLION)    94

TABLE 20              TRAFFIC MANAGEMENT MARKET, BY SOLUTION, 2024–2029 (USD MILLION)    94

TABLE 21              SOLUTIONS: TRAFFIC MANAGEMENT MARKET, BY REGION,

2019–2023 (USD MILLION)            94

TABLE 22              SOLUTIONS: TRAFFIC MANAGEMENT MARKET, BY REGION,

2024–2029 (USD MILLION)            95

TABLE 23              TRAFFIC MONITORING & ANALYTICS: TRAFFIC MANAGEMENT MARKET,

BY REGION, 2019–2023 (USD MILLION)   96

TABLE 24              TRAFFIC MONITORING & ANALYTICS: TRAFFIC MANAGEMENT MARKET,

BY REGION, 2024–2029 (USD MILLION)   96

TABLE 25              ADAPTIVE TRAFFIC CONTROL: TRAFFIC MANAGEMENT MARKET, BY REGION,  2019–2023 (USD MILLION)            97

TABLE 26              ADAPTIVE TRAFFIC CONTROL: TRAFFIC MANAGEMENT MARKET, BY REGION,  2024–2029 (USD MILLION)            97

TABLE 27              TRAFFIC ENFORCEMENT MANAGEMENT: TRAFFIC MANAGEMENT MARKET,

BY REGION, 2019–2023 (USD MILLION)   98

TABLE 28              TRAFFIC ENFORCEMENT MANAGEMENT: TRAFFIC MANAGEMENT MARKET,

BY REGION,  2024–2029 (USD MILLION)                 98

TABLE 29              INCIDENT DETECTION & MANAGEMENT: TRAFFIC MANAGEMENT MARKET,

BY REGION, 2019–2023 (USD MILLION)   99

TABLE 30              INCIDENT DETECTION & MANAGEMENT: TRAFFIC MANAGEMENT MARKET,

BY REGION, 2024–2029 (USD MILLION)   99

TABLE 31              ELECTRONIC TOLL MANAGEMENT: TRAFFIC MANAGEMENT MARKET,

BY REGION, 2019–2023 (USD MILLION)   100

TABLE 32              ELECTRONIC TOLL MANAGEMENT: TRAFFIC MANAGEMENT MARKET,

BY REGION, 2024–2029 (USD MILLION)   100

TABLE 33              OTHER SOLUTIONS: TRAFFIC MANAGEMENT MARKET, BY REGION,

2019–2023 (USD MILLION)            101

TABLE 34              OTHER SOLUTIONS: TRAFFIC MANAGEMENT MARKET, BY REGION,

2024–2029 (USD MILLION)            101

TABLE 35              TRAFFIC MANAGEMENT MARKET, BY SERVICE, 2019–2023 (USD MILLION)            102

TABLE 36              TRAFFIC MANAGEMENT MARKET, BY SERVICE, 2024–2029 (USD MILLION)            102

TABLE 37              SERVICES: TRAFFIC MANAGEMENT MARKET, BY REGION,

2019–2023 (USD MILLION)            103

TABLE 38              SERVICES: TRAFFIC MANAGEMENT MARKET, BY REGION,

2024–2029 (USD MILLION)            103

TABLE 39              CONSULTING: TRAFFIC MANAGEMENT MARKET, BY REGION,

2019–2023 (USD MILLION)            104

TABLE 40              CONSULTING: TRAFFIC MANAGEMENT MARKET, BY REGION,

2024–2029 (USD MILLION)            104

TABLE 41              IMPLEMENTATION: TRAFFIC MANAGEMENT MARKET, BY REGION,

2019–2023 (USD MILLION)            105

TABLE 42              IMPLEMENTATION: TRAFFIC MANAGEMENT MARKET, BY REGION,

2024–2029 (USD MILLION)            105

TABLE 43              SUPPORT & MAINTENANCE: TRAFFIC MANAGEMENT MARKET, BY REGION,

2019–2023 (USD MILLION)            106

TABLE 44              SUPPORT & MAINTENANCE: TRAFFIC MANAGEMENT MARKET, BY REGION,

2024–2029 (USD MILLION)            106

TABLE 45              TRAFFIC MANAGEMENT MARKET, BY AREA OF APPLICATION,

2019–2023 (USD MILLION)            109

TABLE 46              TRAFFIC MANAGEMENT MARKET, BY AREA OF APPLICATION,

2024–2029 (USD MILLION)            109

TABLE 47              URBAN: TRAFFIC MANAGEMENT MARKET, BY REGION, 2019–2023 (USD MILLION)          110

TABLE 48              URBAN: TRAFFIC MANAGEMENT MARKET, BY REGION, 2024–2029 (USD MILLION)          110

TABLE 49              INTER-URBAN: TRAFFIC MANAGEMENT MARKET, BY REGION,

2019–2023 (USD MILLION)            111

TABLE 50              INTER-URBAN: TRAFFIC MANAGEMENT MARKET, BY REGION,

2024–2029 (USD MILLION)            111

TABLE 51              RURAL: TRAFFIC MANAGEMENT MARKET, BY REGION, 2019–2023 (USD MILLION)          112

TABLE 52              RURAL: TRAFFIC MANAGEMENT MARKET, BY REGION, 2024–2029 (USD MILLION)          112

TABLE 53             TRAFFIC MANAGEMENT MARKET, BY END USER, 2019–2023 (USD MILLION)            115

TABLE 54             TRAFFIC MANAGEMENT MARKET, BY END USER, 2024–2029 (USD MILLION)            115

TABLE 55              GOVERNMENT: TRAFFIC MANAGEMENT MARKET, BY REGION,

2019–2023 (USD MILLION)            115

TABLE 56              GOVERNMENT: TRAFFIC MANAGEMENT MARKET, BY REGION,

2024–2029 (USD MILLION)            116

TABLE 57              PRIVATE: TRAFFIC MANAGEMENT MARKET, BY REGION,

2019–2023 (USD MILLION)            116

TABLE 58              PRIVATE: TRAFFIC MANAGEMENT MARKET, BY REGION,

2024–2029 (USD MILLION)            117

TABLE 59              TRAFFIC MANAGEMENT MARKET, BY REGION, 2019–2023 (USD MILLION)            119

TABLE 60              TRAFFIC MANAGEMENT MARKET, BY REGION, 2024–2029 (USD MILLION)            120

TABLE 61              NORTH AMERICA: TRAFFIC MANAGEMENT MARKET, BY OFFERING,

2019–2023 (USD MILLION)            121

TABLE 62              NORTH AMERICA: TRAFFIC MANAGEMENT MARKET, BY OFFERING,

2024–2029 (USD MILLION)            121

TABLE 63              NORTH AMERICA: TRAFFIC MANAGEMENT MARKET, BY SOLUTION,

2019–2023 (USD MILLION)            121

TABLE 64              NORTH AMERICA: TRAFFIC MANAGEMENT MARKET, BY SOLUTION,

2024–2029 (USD MILLION)            122

TABLE 65              NORTH AMERICA: TRAFFIC MANAGEMENT MARKET, BY SERVICE,

2019–2023 (USD MILLION)            122

TABLE 66              NORTH AMERICA: TRAFFIC MANAGEMENT MARKET, BY SERVICE,

2024–2029 (USD MILLION)          122

TABLE 67              NORTH AMERICA: TRAFFIC MANAGEMENT MARKET, BY AREA OF APPLICATION,  2019–2023 (USD MILLION)            123

TABLE 68              NORTH AMERICA: TRAFFIC MANAGEMENT MARKET, BY AREA OF APPLICATION,  2024–2029 (USD MILLION)            123

TABLE 69              NORTH AMERICA: TRAFFIC MANAGEMENT MARKET, BY END USER,

2019–2023 (USD MILLION)            123

TABLE 70              NORTH AMERICA: TRAFFIC MANAGEMENT MARKET, BY END USER,

2024–2029 (USD MILLION)            123

TABLE 71              NORTH AMERICA: TRAFFIC MANAGEMENT MARKET, BY COUNTRY,

2019–2023 (USD MILLION)            124

TABLE 72              NORTH AMERICA: TRAFFIC MANAGEMENT MARKET, BY COUNTRY,

2024–2029 (USD MILLION)            124

TABLE 73              US: TRAFFIC MANAGEMENT MARKET, BY OFFERING, 2019–2023 (USD MILLION)     125

TABLE 74              US: TRAFFIC MANAGEMENT MARKET, BY OFFERING, 2024–2029 (USD MILLION)     125

TABLE 75              US: TRAFFIC MANAGEMENT MARKET, BY SOLUTION, 2019–2023 (USD MILLION)    125

TABLE 76              US: TRAFFIC MANAGEMENT MARKET, BY SOLUTION, 2024–2029 (USD MILLION)    125

TABLE 77              US: TRAFFIC MANAGEMENT MARKET, BY SERVICE, 2019–2023 (USD MILLION)         126

TABLE 78              US: TRAFFIC MANAGEMENT MARKET, BY SERVICE, 2024–2029 (USD MILLION)         126

TABLE 79              US: TRAFFIC MANAGEMENT MARKET, BY AREA OF APPLICATION,

2019–2023 (USD MILLION)            126

TABLE 80              US: TRAFFIC MANAGEMENT MARKET, BY AREA OF APPLICATION,

2024–2029 (USD MILLION)            126

TABLE 81              US: TRAFFIC MANAGEMENT MARKET, BY END USER, 2019–2023 (USD MILLION)                127

TABLE 82              US: TRAFFIC MANAGEMENT MARKET, BY END USER, 2024–2029 (USD MILLION)                127

TABLE 83              CANADA: TRAFFIC MANAGEMENT MARKET, BY OFFERING,

2019–2023 (USD MILLION)            127

TABLE 84              CANADA: TRAFFIC MANAGEMENT MARKET, BY OFFERING,

2024–2029 (USD MILLION)            128

TABLE 85              CANADA: TRAFFIC MANAGEMENT MARKET, BY SOLUTION,

2019–2023 (USD MILLION)            128

TABLE 86              CANADA: TRAFFIC MANAGEMENT MARKET, BY SOLUTION,

2024–2029 (USD MILLION)            128

TABLE 87              CANADA: TRAFFIC MANAGEMENT MARKET, BY SERVICE,

2019–2023 (USD MILLION)            129

TABLE 88              CANADA: TRAFFIC MANAGEMENT MARKET, BY SERVICE,

2024–2029 (USD MILLION)            129

TABLE 89              CANADA: TRAFFIC MANAGEMENT MARKET, BY AREA OF APPLICATION,

2019–2023 (USD MILLION)            129

TABLE 90              CANADA: TRAFFIC MANAGEMENT MARKET, BY AREA OF APPLICATION,

2024–2029 (USD MILLION)            129

TABLE 91              CANADA: TRAFFIC MANAGEMENT MARKET, BY END USER,

2019–2023 (USD MILLION)            130

TABLE 92              CANADA: TRAFFIC MANAGEMENT MARKET, BY END USER,

2024–2029 (USD MILLION)            130

TABLE 93              EUROPE: TRAFFIC MANAGEMENT MARKET, BY OFFERING,

2019–2023 (USD MILLION)            132

TABLE 94              EUROPE: TRAFFIC MANAGEMENT MARKET, BY OFFERING,

2024–2029 (USD MILLION)            132

TABLE 95              EUROPE: TRAFFIC MANAGEMENT MARKET, BY SOLUTION,

2019–2023 (USD MILLION)            132

TABLE 96              EUROPE: TRAFFIC MANAGEMENT MARKET, BY SOLUTION,

2024–2029 (USD MILLION)            132

TABLE 97              EUROPE: TRAFFIC MANAGEMENT MARKET, BY SERVICE,

2019–2023 (USD MILLION)            133

TABLE 98              EUROPE: TRAFFIC MANAGEMENT MARKET, BY SERVICE,

2024–2029 (USD MILLION)          133

TABLE 99              EUROPE: TRAFFIC MANAGEMENT MARKET, BY AREA OF APPLICATION,

2019–2023 (USD MILLION)            133

TABLE 100            EUROPE: TRAFFIC MANAGEMENT MARKET, BY AREA OF APPLICATION,

2024–2029 (USD MILLION)            133

TABLE 101            EUROPE: TRAFFIC MANAGEMENT MARKET, BY END USER,

2019–2023 (USD MILLION)            134

TABLE 102            EUROPE: TRAFFIC MANAGEMENT MARKET, BY END USER,

2024–2029 (USD MILLION)            134

TABLE 103            EUROPE: TRAFFIC MANAGEMENT MARKET, BY COUNTRY,

2019–2023 (USD MILLION)            134

TABLE 104            EUROPE: TRAFFIC MANAGEMENT MARKET, BY COUNTRY,

2024–2029 (USD MILLION)            134

TABLE 105            UK: TRAFFIC MANAGEMENT MARKET, BY OFFERING, 2019–2023 (USD MILLION)     135

TABLE 106            UK: TRAFFIC MANAGEMENT MARKET, BY OFFERING, 2024–2029 (USD MILLION)     135

TABLE 107            UK: TRAFFIC MANAGEMENT MARKET, BY SOLUTION, 2019–2023 (USD MILLION)    136

TABLE 108            UK: TRAFFIC MANAGEMENT MARKET, BY SOLUTION, 2024–2029 (USD MILLION)    136

TABLE 109            UK: TRAFFIC MANAGEMENT MARKET, BY SERVICE, 2019–2023 (USD MILLION)         136

TABLE 110            UK: TRAFFIC MANAGEMENT MARKET, BY SERVICE, 2024–2029 (USD MILLION)         137

TABLE 111            UK: TRAFFIC MANAGEMENT MARKET, BY AREA OF APPLICATION,

2019–2023 (USD MILLION)            137

TABLE 112            UK: TRAFFIC MANAGEMENT MARKET, BY AREA OF APPLICATION,

2024–2029 (USD MILLION)            137

TABLE 113            UK: TRAFFIC MANAGEMENT MARKET, BY END USER, 2019–2023 (USD MILLION)                137

TABLE 114            UK: TRAFFIC MANAGEMENT MARKET, BY END USER, 2024–2029 (USD MILLION)                138

TABLE 115            ITALY: TRAFFIC MANAGEMENT MARKET, BY OFFERING,

2019–2023 (USD MILLION)            138

TABLE 116            ITALY: TRAFFIC MANAGEMENT MARKET, BY OFFERING,

2024–2029 (USD MILLION)            138

TABLE 117            ITALY: TRAFFIC MANAGEMENT MARKET, BY SOLUTION, 2019–2023 (USD MILLION)    139

TABLE 118            ITALY: TRAFFIC MANAGEMENT MARKET, BY SOLUTION, 2024–2029 (USD MILLION)    139

TABLE 119            ITALY: TRAFFIC MANAGEMENT MARKET, BY SERVICE, 2019–2023 (USD MILLION)         139

TABLE 120            ITALY: TRAFFIC MANAGEMENT MARKET, BY SERVICE, 2024–2029 (USD MILLION)         140

TABLE 121            ITALY: TRAFFIC MANAGEMENT MARKET, BY AREA OF APPLICATION,

2019–2023 (USD MILLION)            140

TABLE 122            ITALY: TRAFFIC MANAGEMENT MARKET, BY AREA OF APPLICATION,

2024–2029 (USD MILLION)            140

TABLE 123            ITALY: TRAFFIC MANAGEMENT MARKET, BY END USER,

2019–2023 (USD MILLION)            140

TABLE 124            ITALY: TRAFFIC MANAGEMENT MARKET, BY END USER,

2024–2029 (USD MILLION)            141

TABLE 125          ASIA PACIFIC: TRAFFIC MANAGEMENT MARKET, BY OFFERING,

2019–2023 (USD MILLION)            144

TABLE 126          ASIA PACIFIC: TRAFFIC MANAGEMENT MARKET, BY OFFERING,

2024–2029 (USD MILLION)            145

TABLE 127          ASIA PACIFIC: TRAFFIC MANAGEMENT MARKET, BY SOLUTION,

2019–2023 (USD MILLION)            145

TABLE 128          ASIA PACIFIC: TRAFFIC MANAGEMENT MARKET, BY SOLUTION,

2024–2029 (USD MILLION)            145

TABLE 129          ASIA PACIFIC: TRAFFIC MANAGEMENT MARKET, BY SERVICE,

2019–2023 (USD MILLION)            146

TABLE 130          ASIA PACIFIC: TRAFFIC MANAGEMENT MARKET, BY SERVICE,

2024–2029 (USD MILLION)            146

TABLE 131          ASIA PACIFIC: TRAFFIC MANAGEMENT MARKET, BY AREA OF APPLICATION,

2019–2023 (USD MILLION)            146

TABLE 132          ASIA PACIFIC: TRAFFIC MANAGEMENT MARKET, BY AREA OF APPLICATION,

2024–2029 (USD MILLION)            146

TABLE 133          ASIA PACIFIC: TRAFFIC MANAGEMENT MARKET, BY END USER,

2019–2023 (USD MILLION)            147

TABLE 134          ASIA PACIFIC: TRAFFIC MANAGEMENT MARKET, BY END USER,

2024–2029 (USD MILLION)            147

TABLE 135          ASIA PACIFIC: TRAFFIC MANAGEMENT MARKET, BY COUNTRY,

2019–2023 (USD MILLION)            147

TABLE 136          ASIA PACIFIC: TRAFFIC MANAGEMENT MARKET, BY COUNTRY,

2024–2029 (USD MILLION)            147

TABLE 137            CHINA: TRAFFIC MANAGEMENT MARKET, BY OFFERING,

2019–2023 (USD MILLION)            148

TABLE 138            CHINA: TRAFFIC MANAGEMENT MARKET, BY OFFERING,

2024–2029 (USD MILLION)            148

TABLE 139            CHINA: TRAFFIC MANAGEMENT MARKET, BY SOLUTION,

2019–2023 (USD MILLION)            149

TABLE 140            CHINA: TRAFFIC MANAGEMENT MARKET, BY SOLUTION,

2024–2029 (USD MILLION)            149

TABLE 141            CHINA: TRAFFIC MANAGEMENT MARKET, BY SERVICE, 2019–2023 (USD MILLION)         149

TABLE 142            CHINA: TRAFFIC MANAGEMENT MARKET, BY SERVICE, 2024–2029 (USD MILLION)         150

TABLE 143            CHINA: TRAFFIC MANAGEMENT MARKET, BY AREA OF APPLICATION,

2019–2023 (USD MILLION)          150

TABLE 144            CHINA: TRAFFIC MANAGEMENT MARKET, BY AREA OF APPLICATION,

2024–2029 (USD MILLION)            150

TABLE 145            CHINA: TRAFFIC MANAGEMENT MARKET, BY END USER,

2019–2023 (USD MILLION)            150

TABLE 146            CHINA: TRAFFIC MANAGEMENT MARKET, BY END USER,

2024–2029 (USD MILLION)            151

TABLE 147            INDIA: TRAFFIC MANAGEMENT MARKET, BY OFFERING,

2019–2023 (USD MILLION)            151

TABLE 148            INDIA: TRAFFIC MANAGEMENT MARKET, BY OFFERING,

2024–2029 (USD MILLION)            151

TABLE 149            INDIA: TRAFFIC MANAGEMENT MARKET, BY SOLUTION,

2019–2023 (USD MILLION)            152

TABLE 150            INDIA: TRAFFIC MANAGEMENT MARKET, BY SOLUTION,

2024–2029 (USD MILLION)            152

TABLE 151            INDIA: TRAFFIC MANAGEMENT MARKET, BY SERVICE, 2019–2023 (USD MILLION)         152

TABLE 152            INDIA: TRAFFIC MANAGEMENT MARKET, BY SERVICE, 2024–2029 (USD MILLION)         153

TABLE 153            INDIA: TRAFFIC MANAGEMENT MARKET, BY AREA OF APPLICATION,

2019–2023 (USD MILLION)            153

TABLE 154            INDIA: TRAFFIC MANAGEMENT MARKET, BY AREA OF APPLICATION,

2024–2029 (USD MILLION)            153

TABLE 155            INDIA: TRAFFIC MANAGEMENT MARKET, BY END USER,

2019–2023 (USD MILLION)            153

TABLE 156            INDIA: TRAFFIC MANAGEMENT MARKET, BY END USER,

2024–2029 (USD MILLION)            154

TABLE 157            MIDDLE EAST & AFRICA: TRAFFIC MANAGEMENT MARKET, BY OFFERING,

2019–2023 (USD MILLION)            156

TABLE 158            MIDDLE EAST & AFRICA: TRAFFIC MANAGEMENT MARKET, BY OFFERING,

2024–2029 (USD MILLION)          156

TABLE 159            MIDDLE EAST & AFRICA: TRAFFIC MANAGEMENT MARKET, BY SOLUTION,

2019–2023 (USD MILLION)            157

TABLE 160            MIDDLE EAST & AFRICA: TRAFFIC MANAGEMENT MARKET, BY SOLUTION,

2024–2029 (USD MILLION)            157

TABLE 161            MIDDLE EAST & AFRICA: TRAFFIC MANAGEMENT MARKET, BY SERVICE,

2019–2023 (USD MILLION)            157

TABLE 162            MIDDLE EAST & AFRICA: TRAFFIC MANAGEMENT MARKET, BY SERVICE,

2024–2029 (USD MILLION)            158

TABLE 163            MIDDLE EAST & AFRICA: TRAFFIC MANAGEMENT MARKET, BY AREA OF APPLICATION, 2019–2023 (USD MILLION) 158

TABLE 164            MIDDLE EAST & AFRICA: TRAFFIC MANAGEMENT MARKET, BY AREA OF APPLICATION, 2024–2029 (USD MILLION) 158

TABLE 165            MIDDLE EAST & AFRICA: TRAFFIC MANAGEMENT MARKET, BY END USER,

2019–2023 (USD MILLION)            158

TABLE 166            MIDDLE EAST & AFRICA: TRAFFIC MANAGEMENT MARKET, BY END USER,

2024–2029 (USD MILLION)            159

TABLE 167            MIDDLE EAST & AFRICA: TRAFFIC MANAGEMENT MARKET, BY COUNTRY,

2019–2023 (USD MILLION)            159

TABLE 168            MIDDLE EAST & AFRICA: TRAFFIC MANAGEMENT MARKET, BY COUNTRY,

2024–2029 (USD MILLION)            159

TABLE 169            GCC: TRAFFIC MANAGEMENT MARKET, BY OFFERING, 2019–2023 (USD MILLION)     160

TABLE 170            GCC: TRAFFIC MANAGEMENT MARKET, BY OFFERING, 2024–2029 (USD MILLION)     160

TABLE 171            GCC: TRAFFIC MANAGEMENT MARKET, BY SOLUTION, 2019–2023 (USD MILLION)    160

TABLE 172            GCC: TRAFFIC MANAGEMENT MARKET, BY SOLUTION, 2024–2029 (USD MILLION)    161

TABLE 173            GCC: TRAFFIC MANAGEMENT MARKET, BY SERVICE, 2019–2023 (USD MILLION)         161

TABLE 174            GCC: TRAFFIC MANAGEMENT MARKET, BY SERVICE, 2024–2029 (USD MILLION)         161

TABLE 175            GCC: TRAFFIC MANAGEMENT MARKET, BY AREA OF APPLICATION,  2019–2023 (USD MILLION)       161

TABLE 176            GCC: TRAFFIC MANAGEMENT MARKET, BY AREA OF APPLICATION,

2024–2029 (USD MILLION)            162

TABLE 177            GCC: TRAFFIC MANAGEMENT MARKET, BY END USER, 2019–2023 (USD MILLION)                162

TABLE 178            GCC: TRAFFIC MANAGEMENT MARKET, BY END USER, 2024–2029 (USD MILLION)                162

TABLE 179            GCC: TRAFFIC MANAGEMENT MARKET, BY COUNTRY, 2019–2023 (USD MILLION)     162

TABLE 180            GCC: TRAFFIC MANAGEMENT MARKET, BY COUNTRY, 2024–2029 (USD MILLION)     163

TABLE 181            KSA: TRAFFIC MANAGEMENT MARKET, BY OFFERING, 2019–2023 (USD MILLION)     163

TABLE 182            KSA: TRAFFIC MANAGEMENT MARKET, BY OFFERING, 2024–2029 (USD MILLION)     164

TABLE 183            KSA: TRAFFIC MANAGEMENT MARKET, BY SOLUTION, 2019–2023 (USD MILLION)    164

TABLE 184            KSA: TRAFFIC MANAGEMENT MARKET, BY SOLUTION, 2024–2029 (USD MILLION)    164

TABLE 185            KSA: TRAFFIC MANAGEMENT MARKET, BY SERVICE, 2019–2023 (USD MILLION)         165

TABLE 186            KSA: TRAFFIC MANAGEMENT MARKET, BY SERVICE, 2024–2029 (USD MILLION)         165

TABLE 187            KSA: TRAFFIC MANAGEMENT MARKET, BY AREA OF APPLICATION,

2019–2023 (USD MILLION)            165

TABLE 188            KSA: TRAFFIC MANAGEMENT MARKET, BY AREA OF APPLICATION,

2024–2029 (USD MILLION)            165

TABLE 189            KSA: TRAFFIC MANAGEMENT MARKET, BY END USER, 2019–2023 (USD MILLION)                166

TABLE 190            KSA: TRAFFIC MANAGEMENT MARKET, BY END USER, 2024–2029 (USD MILLION)                166

TABLE 191            LATIN AMERICA: TRAFFIC MANAGEMENT MARKET, BY OFFERING,

2019–2023 (USD MILLION)            169

TABLE 192            LATIN AMERICA: TRAFFIC MANAGEMENT MARKET, BY OFFERING,

2024–2029 (USD MILLION)            169

TABLE 193            LATIN AMERICA: TRAFFIC MANAGEMENT MARKET, BY SOLUTION,

2019–2023 (USD MILLION)            170

TABLE 194            LATIN AMERICA: TRAFFIC MANAGEMENT MARKET, BY SOLUTION,

2024–2029 (USD MILLION)            170

TABLE 195            LATIN AMERICA: TRAFFIC MANAGEMENT MARKET, BY SERVICE,

2019–2023 (USD MILLION)            170

TABLE 196            LATIN AMERICA: TRAFFIC MANAGEMENT MARKET, BY SERVICE,

2024–2029 (USD MILLION)            171

TABLE 197            LATIN AMERICA: TRAFFIC MANAGEMENT MARKET, BY AREA OF APPLICATION,  2019–2023 (USD MILLION)            171

TABLE 198            LATIN AMERICA: TRAFFIC MANAGEMENT MARKET, BY AREA OF APPLICATION,  2024–2029 (USD MILLION)            171

TABLE 199            LATIN AMERICA: TRAFFIC MANAGEMENT MARKET, BY END USER,

2019–2023 (USD MILLION)            171

TABLE 200            LATIN AMERICA: TRAFFIC MANAGEMENT MARKET, BY END USER,

2024–2029 (USD MILLION)            172

TABLE 201            LATIN AMERICA: TRAFFIC MANAGEMENT MARKET, BY COUNTRY,

2019–2023 (USD MILLION)            172

TABLE 202            LATIN AMERICA: TRAFFIC MANAGEMENT MARKET, BY COUNTRY,

2024–2029 (USD MILLION)            172

TABLE 203            BRAZIL: TRAFFIC MANAGEMENT MARKET, BY OFFERING,

2019–2023 (USD MILLION)            173

TABLE 204            BRAZIL: TRAFFIC MANAGEMENT MARKET, BY OFFERING,

2024–2029 (USD MILLION)            173

TABLE 205            BRAZIL: TRAFFIC MANAGEMENT MARKET, BY SOLUTION,

2019–2023 (USD MILLION)            173

TABLE 206            BRAZIL: TRAFFIC MANAGEMENT MARKET, BY SOLUTION,

2024–2029 (USD MILLION)            174

TABLE 207            BRAZIL: TRAFFIC MANAGEMENT MARKET, BY SERVICE,

2019–2023 (USD MILLION)            174

TABLE 208            BRAZIL: TRAFFIC MANAGEMENT MARKET, BY SERVICE,

2024–2029 (USD MILLION)            174

TABLE 209            BRAZIL: TRAFFIC MANAGEMENT MARKET, BY AREA OF APPLICATION,

2019–2023 (USD MILLION)            174

TABLE 210            BRAZIL: TRAFFIC MANAGEMENT MARKET, BY AREA OF APPLICATION,

2024–2029 (USD MILLION)            175

TABLE 211            BRAZIL: TRAFFIC MANAGEMENT MARKET, BY END USER,

2019–2023 (USD MILLION)            175

TABLE 212            BRAZIL: TRAFFIC MANAGEMENT MARKET, BY END USER,

2024–2029 (USD MILLION)            175

TABLE 213            TRAFFIC MANAGEMENT MARKET: OVERVIEW OF STRATEGIES DEPLOYED

BY KEY VENDORS, 2020–2024       177

TABLE 214            TRAFFIC MANAGEMENT MARKET: DEGREE OF COMPETITION 180

TABLE 215            TRAFFIC MANAGEMENT MARKET: REGION FOOTPRINT       184

TABLE 216            TRAFFIC MANAGEMENT MARKET: OFFERING FOOTPRINT       185

TABLE 217            TRAFFIC MANAGEMENT MARKET: AREA OF APPLICATION FOOTPRINT         186

TABLE 218            TRAFFIC MANAGEMENT MARKET: END USER FOOTPRINT       187

TABLE 219            TRAFFIC MANAGEMENT MARKET: DETAILED LIST OF KEY STARTUPS/SMES   190

TABLE 220            TRAFFIC MANAGEMENT MARKET: COMPETITIVE BENCHMARKING OF

KEY STARTUPS/SMES    191

TABLE 221            TRAFFIC MANAGEMENT MARKET: PRODUCT LAUNCHES,

JANUARY 2019– DECEMBER 2023                192

TABLE 222            TRAFFIC MANAGEMENT MARKET: DEALS, JANUARY 2019– DECEMBER 2024                194

TABLE 223            COMPARATIVE ANALYSIS OF PROMINENT TRAFFIC MANAGEMENT SOLUTIONS     201

TABLE 224            HUAWEI: COMPANY OVERVIEW                204

TABLE 225            HUAWEI: PRODUCTS/SOLUTIONS/SERVICES OFFERED             205

TABLE 226            HUAWEI: DEALS                206

TABLE 227            MUNDYS SPA: COMPANY OVERVIEW      207

TABLE 228            MUNDYS SPA: PRODUCTS/SOLUTIONS/SERVICES OFFERED    208

TABLE 229            MUNDYS SPA: PRODUCT LAUNCHES & ENHANCEMENTS             210

TABLE 230            MUNDYS SPA: DEALS     210

TABLE 231            CISCO: COMPANY OVERVIEW    213

TABLE 232            CISCO: PRODUCTS/SOLUTIONS/SERVICES OFFERED             214

TABLE 233            CISCO: PRODUCT LAUNCHES & ENHANCEMENTS             215

TABLE 234            CISCO: DEALS   215

TABLE 235            SWARCO: COMPANY OVERVIEW               217

TABLE 236            SWARCO: PRODUCTS/SOLUTIONS/SERVICES OFFERED             217

TABLE 237            SWARCO: DEALS               220

TABLE 238            TELEDYNE FLIR: COMPANY OVERVIEW 222

TABLE 239            TELEDYNE FLIR: PRODUCTS/SOLUTIONS/SERVICES OFFERED    223

TABLE 240            TELEDYNE FLIR: PRODUCT LAUNCHES & ENHANCEMENTS             224

TABLE 241            TELEDYNE FLIR: DEALS                225

TABLE 242            KAPSCH TRAFFICCOM: COMPANY OVERVIEW                 227

TABLE 243            KAPSCH TRAFFICCOM: PRODUCTS/SOLUTIONS/SERVICES OFFERED    228

TABLE 244            KAPSCH TRAFFICCOM: PRODUCT LAUNCHES & ENHANCEMENTS             229

TABLE 245            KAPSCH TRAFFICCOM: DEALS   229

TABLE 246            SIEMENS: COMPANY OVERVIEW               230

TABLE 247            SIEMENS: PRODUCTS/SOLUTIONS/SERVICES OFFERED             231

TABLE 248            SIEMENS: DEALS               232

TABLE 249            IBM: COMPANY OVERVIEW         233

TABLE 250            IBM: PRODUCTS/SOLUTIONS/SERVICES OFFERED             234

TABLE 251            IBM: DEVELOPMENTS   235

TABLE 252            Q-FREE: COMPANY OVERVIEW 236

TABLE 253            Q-FREE: PRODUCTS/SOLUTIONS/SERVICES OFFERED             237

TABLE 254            Q-FREE: PRODUCT LAUNCHES & ENHANCEMENTS             237

TABLE 255            Q-FREE: DEALS 238

TABLE 256            THALES GROUP: COMPANY OVERVIEW 239

TABLE 257            THALES GROUP: PRODUCTS/SOLUTIONS/SERVICES OFFERED    240

TABLE 258            THALES GROUP: DEALS                241

TABLE 259            PTV GROUP: COMPANY OVERVIEW        242

TABLE 260            PTV GROUP: PRODUCTS/SOLUTIONS/SERVICES OFFERED    242

TABLE 261            PTV GROUP: PRODUCT LAUNCHES & ENHANCEMENTS             243

TABLE 262            PTV GROUP: DEALS        244

TABLE 263            CUBIC CORPORATION: COMPANY OVERVIEW                 245

TABLE 264            CUBIC CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED    245

TABLE 265            CUBIC CORPORATION: PRODUCT LAUNCHES & ENHANCEMENTS             246

TABLE 266            CUBIC CORPORATION: DEALS  246

TABLE 267            TOMTOM: COMPANY OVERVIEW             248

TABLE 268            TOMTOM: PRODUCTS/SOLUTIONS/SERVICES OFFERED             249

TABLE 269            TOMTOM: PRODUCT LAUNCHES & ENHANCEMENTS             250

TABLE 270            TOMTOM: DEALS            250

TABLE 271            ST ENGINEERING: COMPANY OVERVIEW                 251

TABLE 272            ST ENGINEERING: PRODUCTS/SOLUTIONS/SERVICES OFFERED    252

TABLE 273            ST ENGINEERING: PRODUCT LAUNCHES & ENHANCEMENTS             253

TABLE 274            ST ENGINEERING: DEALS             253

TABLE 275            CHEVRON TM: COMPANY OVERVIEW    254

TABLE 276            CHEVRON TM: PRODUCTS/SOLUTIONS/SERVICES OFFERED    254

TABLE 277            CHEVRON TM: DEALS   255

TABLE 278            INDRA: COMPANY OVERVIEW   257

TABLE 279            INDRA: PRODUCTS/SOLUTIONS/SERVICES OFFERED             257

TABLE 280            INDRA: DEALS   258

TABLE 281            ECONOLITE: COMPANY OVERVIEW        259

TABLE 282            ECONOLITE: PRODUCTS/SOLUTIONS/SERVICES OFFERED    259

TABLE 283            SMART TRANSPORTATION MARKET, BY TRANSPORTATION MODE,

2018–2022 (USD MILLION)            274

TABLE 284            SMART TRANSPORTATION MARKET, BY TRANSPORTATION MODE,

2023–2028 (USD MILLION)            274

TABLE 285          ROADWAY: SMART TRANSPORTATION MARKET, BY TYPE,

2018–2022 (USD MILLION)            275

TABLE 286          ROADWAY: SMART TRANSPORTATION MARKET, BY TYPE,

2023–2028 (USD MILLION)            275

TABLE 287            RAILWAY: SMART TRANSPORTATION MARKET, BY TYPE,

2018–2022 (USD MILLION)            275

TABLE 288            RAILWAY: SMART TRANSPORTATION MARKET, BY TYPE,

2023–2028 (USD MILLION)            275

TABLE 289            AIRWAY: SMART TRANSPORTATION MARKET, BY TYPE, 2018–2022 (USD MILLION)         276

TABLE 290            AIRWAY: SMART TRANSPORTATION MARKET, BY TYPE, 2023–2028 (USD MILLION)         276

TABLE 291          MARITIME: SMART TRANSPORTATION MARKET, BY TYPE,

2018–2022 (USD MILLION)            276

TABLE 292          MARITIME: SMART TRANSPORTATION MARKET, BY TYPE,

2023–2028 (USD MILLION)            277

TABLE 293            SMART TRANSPORTATION MARKET, BY REGION, 2018–2022 (USD MILLION)          277

TABLE 294            SMART TRANSPORTATION MARKET, BY REGION, 2023–2028 (USD MILLION)          277

TABLE 295            PARKING MANAGEMENT MARKET, BY OFFERING, 2018–2023 (USD MILLION)     278

TABLE 296            PARKING MANAGEMENT MARKET, BY OFFERING, 2024–2029 (USD MILLION)     278

TABLE 297            PARKING MANAGEMENT MARKET, BY PARKING SITE, 2018–2023 (USD MILLION) 279

TABLE 298            PARKING MANAGEMENT MARKET, BY PARKING SITE, 2024–2029 (USD MILLION) 279

TABLE 299            PARKING MANAGEMENT MARKET, BY END USE, 2018–2023 (USD MILLION)            279

TABLE 300            PARKING MANAGEMENT MARKET, BY END USE, 2024–2029 (USD MILLION)            280

TABLE 301            PARKING MANAGEMENT MARKET, BY REGION, 2018–2023 (USD MILLION)            280

TABLE 302            PARKING MANAGEMENT MARKET, BY REGION, 2024–2029 (USD MILLION)            280

LIST OF FIGURES

FIGURE 1              TRAFFIC MANAGEMENT MARKET: RESEARCH DESIGN                34

FIGURE 2              KEY INSIGHTS FROM INDUSTRY EXPERTS                 36

FIGURE 3              BOTTOM-UP APPROACH              37

FIGURE 4              DEMAND-SIDE ANALYSIS             38

FIGURE 5              BOTTOM-UP (SUPPLY SIDE) ANALYSIS: COLLECTIVE REVENUE FROM SOLUTIONS/SERVICES OF TRAFFIC MANAGEMENT MARKET            38

FIGURE 6              TOP-DOWN APPROACH                39

FIGURE 7              APPROACH 1 (SUPPLY SIDE): REVENUE OF VENDORS IN TRAFFIC

MANAGEMENT MARKET               40

FIGURE 8              DATA TRIANGULATION                41

FIGURE 9              TRAFFIC MANAGEMENT MARKET, 2022–2029 (USD MILLION) 44

FIGURE 10            TRAFFIC MANAGEMENT MARKET: REGIONAL SNAPSHOT          45

FIGURE 11            URBANIZATION AND SMART CITY INITIATIVES TO DRIVE MARKET         46

FIGURE 12            SOLUTIONS SEGMENT TO DOMINATE MARKET IN 2024  46

FIGURE 13            TRAFFIC MONITORING & ANALYTICS SEGMENT TO LEAD MARKET IN 2024            47

FIGURE 14            URBAN SEGMENT TO HOLD LARGEST MARKET SHARE IN 2024   47

FIGURE 15            GOVERNMENT SEGMENT TO ACCOUNT FOR LARGER MARKET SHARE THAN PRIVATE SEGMENT IN 2024                 48

FIGURE 16            TRAFFIC MONITORING & ANALYTICS AND GOVERNMENT SEGMENTS TO LEAD MARKET IN 2024    48

FIGURE 17            TRAFFIC MANAGEMENT MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES,

AND CHALLENGES          49

FIGURE 18            GLOBAL URBAN POPULATION FORECAST                 51

FIGURE 19            EVOLUTION OF TRAFFIC MANAGEMENT SOLUTIONS        56

FIGURE 20            TRAFFIC MANAGEMENT MARKET: ECOSYSTEM ANALYSIS            58

FIGURE 21            TRAFFIC MANAGEMENT MARKET: SUPPLY CHAIN ANALYSIS              63

FIGURE 22            AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY SOLUTION               70

FIGURE 23            PATENTS APPLIED AND GRANTED, 2015–2024                 76

FIGURE 24            TRAFFIC MANAGEMENT MARKET: PORTER’S FIVE FORCES ANALYSIS 80

FIGURE 25            REVENUE SHIFT IN TRAFFIC MANAGEMENT MARKET               82

FIGURE 26            INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR

KEY AREAS OF APPLICATION     82

FIGURE 27            KEY BUYING CRITERIA FOR KEY AREAS OF APPLICATION   83

FIGURE 28            EXPORT VALUE OF ELECTRICAL SIGNALING, SAFETY, OR TRAFFIC CONTROL EQUIPMENT, BY KEY COUNTRY, 2016–2023 (USD MILLION)            87

FIGURE 29            IMPORT VALUE OF ELECTRICAL SIGNALING, SAFETY, OR TRAFFIC CONTROL EQUIPMENT, BY KEY COUNTRY, 2016–2023 (USD MILLION)            88

FIGURE 30            TRAFFIC MANAGEMENT MARKET: INVESTMENT LANDSCAPE AND FUNDING SCENARIO (USD MILLION AND NUMBER OF FUNDING ROUNDS)                89

FIGURE 31            USE CASES OF GENERATIVE AI IN TRAFFIC MANAGEMENT 90

FIGURE 32            SERVICES SEGMENT TO REGISTER HIGHER CAGR THAN SOLUTIONS SEGMENT DURING FORECAST PERIOD                 92

FIGURE 33            ADAPTIVE TRAFFIC CONTROL SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD 93

FIGURE 34            IMPLEMENTATION SEGMENT TO LEAD MARKET DURING FORECAST PERIOD    102

FIGURE 35            URBAN SEGMENT TO LEAD MARKET DURING FORECAST PERIOD         108

FIGURE 36            GOVERNMENT SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD    114

FIGURE 37            EUROPE: TRAFFIC MANAGEMENT MARKET SNAPSHOT          131

FIGURE 38            ASIA PACIFIC: TRAFFIC MANAGEMENT MARKET SNAPSHOT          144

FIGURE 39            TRAFFIC MANAGEMENT MARKET: REVENUE ANALYSIS OF FOUR KEY PLAYERS (2019–2023)     179

FIGURE 40            SHARE ANALYSIS OF TRAFFIC MANAGEMENT MARKET, 2023    180

FIGURE 41            TRAFFIC MANAGEMENT MARKET: COMPANY EVALUATION MATRIX

(KEY PLAYERS), 2024       182

FIGURE 42            TRAFFIC MANAGEMENT MARKET: COMPANY FOOTPRINT       183

FIGURE 43            TRAFFIC MANAGEMENT MARKET: COMPANY EVALUATION MATRIX (STARTUPS/SMES), 2024 189

FIGURE 44            COMPANY VALUATION 202

FIGURE 45            FINANCIAL METRICS      202

FIGURE 46            BRAND COMPARISON   203

FIGURE 47            HUAWEI: COMPANY SNAPSHOT                205

FIGURE 48            MUNDYS SPA: COMPANY SNAPSHOT     208

FIGURE 49            CISCO: COMPANY SNAPSHOT    214

FIGURE 50            TELEDYNE FLIR: COMPANY SNAPSHOT                 222

FIGURE 51            KAPSCH TRAFFICCOM: COMPANY SNAPSHOT                 228

FIGURE 52            SIEMENS: COMPANY SNAPSHOT               231

FIGURE 53            IBM: COMPANY SNAPSHOT         234

FIGURE 54            THALES GROUP: COMPANY SNAPSHOT                 240

FIGURE 55            TOMTOM: COMPANY SNAPSHOT             249

FIGURE 56            ST ENGINEERING: COMPANY SNAPSHOT                 251