Traffic Management Systems Market by Latest Innovations, Dynamics And Strategic Analysis, Challenges to 2023 | Siemens, TomTom, THALES, IBM, Cubic, Fujitsu

Traffic Management Systems Market by Latest Innovations, Dynamics And Strategic Analysis, Challenges to 2023 | Siemens, TomTom, THALES, IBM, Cubic, Fujitsu

Global Traffic Management Systems Market report explores future trends for supply, demand and market growth rate, market size, prices, trading, competition and value chain as well as Key Players of the industry’s information with forecast from 2019 to 2023.

Global Traffic Management Systems Market Overview:

According to Market Analyst, Global Traffic Management Systems Market is projected to grow at a healthy growth rate from 2019 to 2023.

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The Traffic Management Systems industry has also suffered a certain impact, but still maintained a relatively optimistic growth, the past four years, Traffic Management Systems market size to maintain the average annual growth rate of 7.80% from 3684 million $ in 2014 to (2017 Market size XXXX) million $ in 2018, Market analysts believe that in the next few years, Traffic Management Systems market size will be further expanded, we expect that by 2023, The market size of the Traffic Management Systems will reach 5892 million $.

Traffic Management Systems Market report begins from overview of Industry Chain structure, and describes industry environment, then analyses market size and forecast of Traffic Management Systems Market by product, region and application, in addition, this report introduces market competition situation among the vendors and company profile, besides, market price analysis and value chain features are covered in this report. The scope of the report includes a detailed study of E Traffic Management Systems Market with the reasons given for variations in the growth of the industry in certain regions.

The mounting rise in the number of personal and commercial small and heavy vehicles on the roads across the globe has led to an immense rise in the need for effective management of these vehicles so as to track and manage traffic and maximize performance, operations, and reliability of all aspects concerning road networks. These requirements are driving the global market for traffic management systems globally.

The demand for traffic management market is driven by factors, such as high demographic growth and hyper urbanization in developing countries, and government initiatives for traffic management under smart cities models. With the increase in the deployment of smart transportation solutions among the smart cities, the traffic management market is expected to gain a major traction during the forecast period.

ERP System Market Covers the Table of Contents With Segments, Key Players And Region. Based on Product Type, ERP System Market is sub segmented into Integrated Urban Traffic Control System, Freeway Management System, Electronic Toll Collection, Advanced Public Transportation System, Others. On the Basis of Application, Market is sub segmented into Urban Traffic, Parking Management, Public Transport, Freeway, Others.

On the Basis of Technology, The traffic management software segment is expected to hold the largest market share. The scope of this traffic management software covers smart signaling, route guidance, traffic analytics, and smart surveillance.

Regionally, Europe is expected to hold the largest market share and dominate the traffic management market from 2018 to 2023. The region has been extremely responsive toward adopting the latest technological advancements, such as smart signaling and route guidance software.

Major Players profiled in the Traffic Management Systems Market report incorporate: Kapsch TrafficCom, SWARCO, Siemens, TomTom, THALES, IBM, Cubic, Fujitsu and More…….

Industry News:

Fujitsu Limited today announced the results of a field trial conducted with the assistance of the Maritime and Port Authority of Singapore (MPA) in analyzing marine traffic risks in the Singapore Strait. Fujitsu has demonstrated the usefulness of a novel ship collision risk prediction technology that leverages the power of Artificial Intelligence (AI) in predicting near misses between vessels.

Using AI technology “Fujitsu Human Centric AI Zinrai” developed by Fujitsu Laboratories Ltd, this solution can detect ship collision risks and predict areas where collision risks are concentrated as dynamic risk hotspots. This technology has the potential to be deployed in a Vessel Traffic Service (VTS) system(1) to assist maritime traffic controllers to manage marine traffic proactively with the aim of improving the safety of navigation.

Fujitsu aims to deliver services incorporating this technology for maritime traffic controllers and ship operators by 2020. Fujitsu will present the outcomes of this research at the IALA(2) e-Navigation Information Services and Communications (ENAV) 23rd Committee Meeting in Singapore from 1 to 5 April 2019, and also share this and other work on maritime safety, at Sea Asia 2019, from 9 to 11 April in Singapore.

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Key Questions Answered in this Report:

1 What will the market size be in 2023?

2 What are the key factors driving the Traffic Management Systems Market?

3 What are the challenges to market growth?

4 Who are the key players in the Traffic Management Systems Market?

5 What are the market opportunities and threats faced by the key players?

TABLE OF CONTENTS

Global Traffic Management Systems Market Research Report 2019

1 Traffic Management Systems Market Overview

2 Global Traffic Management Systems Market Competition by Manufacturers

3 Global Traffic Management Systems Capacity, Production, Revenue (Value) by Region (2013-2019)

4 Global Traffic Management Systems Supply (Production), Consumption, Export, Import by Region (2013-2019)

5 Global Traffic Management Systems Production, Revenue (Value), Price Trend by Type

6 Global Traffic Management Systems Market Analysis by Application

7 Global Traffic Management Systems Manufacturers Profiles/Analysis

8 Traffic Management Systems Manufacturing Cost Analysis

9 Industrial Chain, Sourcing Strategy and Downstream Buyers

10 Marketing Strategy Analysis, Distributors/Traders

11 Market Effect Factors Analysis

12 Global Traffic Management Systems Market Forecast (2019-2025)

13 Research Findings and Conclusion

14 Appendix

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