Opportunities in the Traffic Management |Global Forecasts 2017-2022

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MarketsandMarkets Presents
Traffic Management Market worth 59.48 Billion USD
by 2022 http//www.marketsandmarkets.com/Market-R
eports/traffic-management-market-1036.html

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According to a new market research report 
"Traffic Management Market by Software (Smart
Signaling, Route Guidance, Traffic Analytics, and
Smart Survelliance), Hardware (Display Boards,
Sensors, Surveillance Cameras, and Others),
Service, System, and Region - Global Forecast to
2022", The traffic management market size is
expected to grow from USD 22.96 Billion in 2017
to USD 59.48 Billion by 2022, at a Compound
Annual Growth Rate (CAGR) of 21.0 during the
forecast period.   Browse gtgt
81 Data Tables 72 Figures 188 Pages and
in-depth TOC on Traffic Management Market
http//www.marketsandmarkets.com/Market-Report
s/traffic-management-market-1036.html  Early
buyers will receive 10 customization on this
report.
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The traffic management software segment is
expected to contribute to the largest market
share 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. There has been
a tremendous increase in urban population,
resulting in traffic congestions across the city,
which has increased the need to manage and
control the traffic. Deployment and integration
services segment is expected to grow at the
highest CAGR during the forecast period The
deployment and integration services segment is
expected to have the largest market share and
projected to grow at the highest CAGR during the
forecast period. Deployment and integration
services help in reducing the deployment and
integration time. These services are crucial for
developing end-to-end traffic smart signaling,
route guidance, traffic analytics, and smart
surveillance solutions for the traffic management
market. The increasing requirement for upgrading
traditional traffic management systems to support
various smart cities and traffic management
drives the deployment and integration services
segment in the traffic management market.  
http//www.marketsandmarkets.com/Market-Reports/
traffic-management-market-1036.html  
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Europe is expected to contribute to the largest
market share, whereas Asia Pacific to grow at the
fastest CAGR during the forecast period Europe
is expected to hold the largest market share and
dominate the traffic management market from 2017
to 2022. The region has been extremely responsive
toward adopting the latest technological
advancements, such as smart signaling and route
guidance software. The major growth drivers for
this region are the large-scale investments in
the smart transportation and smart cities
projects and need for better traffic management
and control mechanisms. The Asia Pacific (APAC)
region is in the initial growth phase however,
it is the fastest-growing region in the global
traffic management market. Increased urbanization
has resulted in traffic congestions. The major
vendors providing traffic management are
Accenture PLC (Dublin, Ireland), Atkins Group
(London, UK), Cellint (Tel Aviv, Israel), Cisco
Systems, Inc. (California, US), Citilog (Arcueil,
France), Cubic Corporation (California, US),
EFKON AG (Raaba, Austria), Esri (California, US)
and many more
http//www.marketsandmarkets.com/Market-Reports/tr
affic-management-market-1036.html
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affic-management-market-1036.html
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