Traffic Management Market by Software (Smart Signaling, Route Guidance, Traffic Analytics, and Smart Surveillance), Hardware (Display Boards, Sensors, Surveillance Cameras, and Others), Service, System, and Region - Global Forecast to 2022

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Date: 07-Jun-2017
No. of pages: 188
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Factors such as high demographic growth and hyper urbanization in developing countries, and government initiatives for traffic management under smart cities models are some of the factors driving the traffic management market

The traffic management market size is estimated 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%. The market is driven by factors, such as the availability of hardware and connectivity devices at affordable cost, rising need for real-time information system, high demographic growth and hyper urbanization in developing countries, and government initiatives for traffic management under smart cities models. However, the traffic operators face various obstacles while adopting cloud traffic management solutions, such as security concerns, data protection, and lack of a standardized and uniform technology for traffic management.

Dynamic Traffic Management System (DTMS) is expected to have the fastest growth rate during the forecast period

There has been an increasing demand for traffic management systems, specifically for the dynamic traffic management that simulates various traffic data gathered by multiple sensors, cameras, and software. In addition, with the growing deployment of traffic management systems among traffic control and management operators, the demand for DTMS has grown exponentially. This system helps traffic operators to control and manage traffic more dynamically, eliminating any security risk and logistical cost associated with the traditional traffic management systems.

Surveillance camera is expected to have the largest market size during the forecast period

Surveillance camera is an innovative and extremely useful video surveillance technology in traffic monitoring and control. It is placed at the top of traffic signals along busy roads and at busy intersections of highways. These cameras record traffic patterns for future studies, observe and monitor the traffic flow, and issue tickets in case anybody violates the rule. Traffic cameras are an extremely popular form of video surveillance. Surveillance cameras offer several advantages to commuters. They provide valuable data of traffic and vehicles, which is maintained by the state departments of transportation. Footages captured by cameras, such as road monitoring and accidents are influential in decisions regarding future development and traffic planning.

Asia Pacific (APAC) is projected to grow at the highest CAGR

Europe is expected to hold the largest market share in 2017, while APAC is the fastest-growing region, in terms of CAGR. The increased urbanization has resulted in traffic congestions. High adoption of solutions to minimize congestions, along with better traffic management and control, has led to a wider demand of traffic management solutions in the APAC region. The adoption of traffic management solutions has increased due to the ongoing and emerging smart cities and smart transportation projects, which has led APAC to become a highly potential market.

The break-up profiles of primary participants are given below as:


  • By company: Tier 1 – 39%, Tier 2 – 34%, and Tier 3 – 27%

  • By designation: C-level – 72%, Director Level – 19%, and Others – 9%

  • By region: North America – 21%, Europe – 37%, APAC – 26%, and RoW- 16%


Various key traffic management providers in the report 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)

  • FLIRSystems, Inc. (Oregon, US)

  • IBM Corporation (New York, US)

  • Indra Sistemas, S.A. (Madrid, Spain)

  • Industrial Management Technology & Contracting (IMTAC) LLC (Muscat, Sultanate of Oman)

  • IntelliVision Technologies (California, US)

  • Iteris, Inc. (Delaware, US)

  • Jenoptik AG (Jena, Germany)

  • Kapsch TrafficCom AG (Vienna, Austria)

  • Lanner Electronics Inc. (New Taipei, Taiwan)

  • LG CNS Co. Ltd. (Seoul, South Korea)

  • Metro Infrasys Pvt. Ltd. (New Delhi, India)

  • PTV Planung Transport Verkehr AG (Baden-Württemberg, Germany)

  • Q-Free ASA (Trondheim, Norway)

  • Siemens AG (Munich, Germany)

  • SWARCO AG (Wattens, Austria)

  • TransCore, LP (Pennsylvania, US)

  • Savari, Inc. (California, US)


Research Coverage

The traffic management market has been segmented on the basis of systems, software, hardware, services, and regions. A detailed analysis of the key industry players has been done to provide key insights into their business overviews; products and services; key strategies; new product launches; partnerships, agreements, and collaborations; business expansions; and competitive landscape associated with the traffic management market.

The report will help the market leaders/new entrants in this market in the following ways:


  • This report segments the traffic management market comprehensively and provides the closest approximations of the revenue numbers for the overall market and the sub segments across different regions.

  • This report helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.

  • This report will help stakeholders to better understand the competitors and gain more insights to enhance their position in the business. The competitive landscape section includes competitor ecosystem, new product developments, partnerships, and mergers and acquisitions.

Traffic Management Market by Software (Smart Signaling, Route Guidance, Traffic Analytics, and Smart Surveillance), Hardware (Display Boards, Sensors, Surveillance Cameras, and Others), Service, System, and Region - Global Forecast to 2022

Table of Contents

1 Introduction
1.1 Objectives of the Study
1.1.1 Business Intelligence
1.1.2 Competitive Intelligence
1.2 Market Definition
1.3 Market Scope
1.4 Years Considered for the Study
1.5 Currency
1.6 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Breakdown of Primaries
2.1.2 Key Industry Insights
2.2 Market Size Estimation
2.3 Vendor Dive Matrix Methodology
2.4 Research Assumptions and Limitations
2.4.1 Assumptions
2.4.2 Limitations

3 Executive Summary

4 Premium Insights
4.1 Attractive Market Opportunities in the Traffic Management Market
4.2 Market By System, 2017-2022
4.3 Market By Solution, 2017-2022
4.4 Market By Software, 2017–2022
4.5 Market By Hardware, 2017–2022
4.6 Market By Service, 2017-2022
4.7 Market By Region, 2017
4.8 Lifecycle Analysis, By Region

5 Traffic Management Market Overview and Industry Trends
5.1 Introduction
5.2 Traffic Management Projects
5.2.1 Smart City Bhubaneswar - India
5.2.2 Cavite-Laguna Expressway (CALAX) - Philippines
5.2.3 Sheikh Jaber AL Ahmed AL Sabah Causeway- Kuwait
5.2.4 Vilnius Traffic Management System—Lithuania
5.2.5 Thompsons Roadways Project, Melborne- Australia
5.2.6 Elizabeth River Tunnels Project- US
5.2.7 Inuvik to Tuktoyaktuk Highway Projects- Canada
5.2.8 Cost Road Junction Upgrade— United Kingdom
5.2.9 Smart City Kochi— India
5.3 Market Dynamics
5.3.1 Drivers
5.3.1.1 Availability of Hardware and Connectivity Devices at Affordable Cost
5.3.1.2 High Demographic Growth and Hyper Urbanization in Developing Countries
5.3.1.3 Government Initiatives for Traffic Management Under Smart Cities Models
5.3.1.4 Rising Need for Real Time Information System
5.3.2 Restraints
5.3.2.1 Lack of Standardized and Uniform Technology
5.3.3 Challenges
5.3.3.1 Data Fusions Challenges Due to Multiple Sensors and Touch Point in Traffic Management System
5.3.3.2 High Security Risk
5.3.3.3 Reshaping Legacy Infrastructure Into Smart Traffic Solutions
5.3.4 Opportunities
5.3.4.1 Emergence of Internet of Things(IoT)
5.3.4.2 Adoption of Edge Analytics in Traffic Management System

6 Traffic Management Market Analysis, By Solution
6.1 Introduction

7 Traffic Management Market Analysis, By Software
7.1 Introduction
7.2 Smart Signaling
7.3 Route Guidance
7.4 Traffic Analytics
7.5 Smart Surveillance
7.5.1 Video Management Software
7.5.2 Video Analytics
7.5.3 Video Analytics By Applications
7.5.3.1 Anpr
7.5.3.2 Facial Recognition
7.5.3.3 Pedestrian Detection
7.5.3.4 Incident Detection

8 Traffic Management Market Analysis, By Hardware
8.1 Introduction
8.2 Display Boards
8.3 Sensors
8.3.1 Vehicle Detection Sensor
8.3.2 Pedestrian Presence Sensor
8.3.3 Speed Sensor
8.4 Surveillance Cameras
8.5 Others

9 Traffic Management Market Analysis, By Service
9.1 Introduction
9.2 Consulting
9.3 Deployment and Integration
9.4 Support and Maintenance

10 Traffic Management Market Analysis, By Systems 10.1 Introduction
10.2 UTMC
10.3 ATCS
10.4 JTMS
10.5 PTMS
10.6 IDLS
10.7 DTMS

11 Geographic Analysis
11.1 Introduction
11.2 North America
11.3 Europe
11.4 APAC
11.5 MEA
11.6 Latin America

12 Competitive Landscape
12.1 Vendor Dive Overview
12.2 Vanguards (Leaders)
12.3 Innovators
12.4 Dynamic
12.5 Emerging

13 Company Profiles
13.1 Accenture PLC
13.1.1 Business Overview
13.1.2 Company Scorecard
13.1.3 Key Observations: Product Offering
13.1.4 Key Observations: Business Strategy
13.1.5 Recent Developments
13.2 Cellint
13.2.1 Business Overview
13.2.2 Company Scorecard
13.2.3 Key Observations: Product Offering
13.2.4 Key Observations: Business Strategy
13.2.5 Recent Developments
13.3 Cisco Systems, Inc.
13.3.1 Business Overview
13.3.2 Company Scorecard
13.3.3 Cisco Systems, Inc.: Product Offering
13.3.4 Cisco Systems, Inc.: Business Strategy
13.3.5 Recent Developments
13.4 Cubic Corporation
13.4.1 Business Overview
13.4.2 Company Scorecard
13.4.3 Key Observations: Product Offering
13.4.4 Key Observations: Business Strategy
13.4.5 Recent Developments
13.5 Efkon AG
13.5.1 Business Overview
13.5.2 Company Scorecard
13.5.3 Key Observations: Product Offering
13.5.4 Key Observations: Business Strategy
13.5.5 Recent Developments
13.6 Iteris, Inc.
13.6.1 Business Overview
13.6.2 Company Scorecard
13.6.3 Key Observations: Product Offering
13.6.4 Key Observations: Business Strategy
13.6.5 Recent Developments
13.7 IBM Corporation
13.7.1 Business Overview
13.7.2 Company Scorecard
13.7.3 Key Observations: Product Offering
13.7.4 Key Observations: Business Strategy
13.7.5 Recent Developments
13.8 Indra Sistemas, S.A.
13.8.1 Business Overview
13.8.2 Company Scorecard
13.8.3 Key Observations: Product Offering
13.8.4 Key Observations: Business Strategy
13.8.5 Recent Developments
13.9 Kapsch Trafficcom AG
13.9.1 Business Overview
13.9.2 Company Scorecard
13.9.3 Key Observations: Product Offering
13.9.4 Key Observations: Business Strategy
13.9.5 Recent Developments
13.10 LG CNS Co. Ltd.
13.10.1 Business Overview
13.10.2 Company Scorecard
13.10.3 Key Observations: Product Offering
13.10.4 Key Observations: Business Strategy
13.10.5 Recent Developments
13.11 Metro Infrasys Private Limited
13.11.1 Business Overview
13.11.2 Company Scorecard
13.11.3 Key Observations: Product Offering
13.11.4 Key Observations: Business Strategy
13.11.5 Recent Developments
13.12 Q-Free ASA
13.12.1 Business Overview
13.12.2 Company Scorecard
13.12.3 Key Observations: Product Offering
13.12.4 Key Observations: Business Strategy
13.12.5 Recent Developments
13.13 Siemens AG
13.13.1 Business Overview
13.13.2 Company Scorecard
13.13.3 Key Observations: Product Offering
13.13.4 Key Observations: Business Strategy
13.13.5 Recent Developments
13.14 Swarco AG
13.14.1 Business Overview
13.14.2 Company Scorecard
13.14.3 Key Observations: Product Offering
13.14.4 Key Observations: Business Strategy
13.14.5 Recent Developments

14 Appendix
14.1 Discussion Guide
14.2 Knowledge Store: Marketsandmarkets Subscription Portal
14.3 Introducing RT: Real-Time Market Intelligence
14.4 Available Customization
14.5 References
14.6 Related Reports

List of Tables

Table 1 U.S. Dollar Exchange Rate, 2014–2017
Table 2 Solution: Traffic Management Market Size, By Type, 2015-2022 (USD Million)
Table 3 Software: Market Size, By Software, 2015-2022 (USD Million)
Table 4 Software: Market Size, By Region, 2015-2022 (USD Million)
Table 5 Smart Signaling: Market Size, By Region, 2015-2022 (USD Million)
Table 6 Route Guidance: Market Size, By Region, 2015-2022 (USD Million)
Table 7 Traffic Analytics: Market Size, By Region, 2015-2022 (USD Million)
Table 8 Smart Surveillance: Market Size, By Type, 2015-2022 (USD Million)
Table 9 Smart Surveillance: Market Size, By Region, 2015-2022 (USD Million)
Table 10 Video Management Software: Market Size, By Region, 2015-2022 (USD Million)
Table 11 Video Analytics: Market Size, By Region, 2015-2022 (USD Million)
Table 12 Video Analytics: Market Size, By Application, 2015-2022 (USD Million)
Table 13 Video Analytics Applications: Market Size, By Region, 2015-2022 (USD Million)
Table 14 Anpr: Traffic Management Market Size, By Region, 2015-2022 (USD Million)
Table 15 Facial Recognition: Market Size, By Region, 2015-2022 (USD Million)
Table 16 Pedestrian Detection: Market Size, By Region, 2015-2022 (USD Million)
Table 17 Incident Detection: Market Size, By Region, 2015-2022 (USD Million)
Table 18 Hardware: Market Size, By Type, 2015-2022 (USD Million)
Table 19 Hardware: Market Size, By Region, 2015-2022 (USD Million)
Table 20 Display Boards: Market Size, By Region, 2015-2022 (USD Million)
Table 21 Sensors: Market Size, By Type, 2015-2022 (USD Million)
Table 22 Sensors: Market Size, By Region, 2015-2022 (USD Million)
Table 23 Vehicle Detection Sensor: Market Size, By Region, 2015-2022 (USD Million)
Table 24 Pedestrian Presense Sensor: Market Size, By Region, 2015-2022 (USD Million)
Table 25 Speed Sensor: Market Size, By Region, 2015-2022 (USD Million)
Table 26 Surveillance Cameras: Market Size, By Region, 2015-2022 (USD Million)
Table 27 Others: Market Size, By Region, 2015-2022 (USD Million)
Table 28 Service: Market Size, By Type, 2015-2022 (USD Million)
Table 29 Service: Market Size, By Region, 2015-2022 (USD Million)
Table 30 Consulting: Market Size, By Region, 2015-2022 (USD Million)
Table 31 Deployment and Integration: Market Size, By Region, 2015-2022 (USD Million)
Table 32 Support and Manintenance: Market Size, By Region, 2015-2022 (USD Million)
Table 33 Systems: Traffic Management Market Size, By Type, 2015-2022 (USD Million)
Table 34 Systems: Market Size, By Region, 2015-2022 (USD Million)
Table 35 UTMC: Market Size, By Region, 2015-2022 (USD Million)
Table 36 ATCS: Market Size, By Region, 2015-2022 (USD Million)
Table 37 JTMS: Market Size, By Region, 2015-2022 (USD Million)
Table 38 PTMS: Market Size, By Region, 2015-2022 (USD Million)
Table 39 IDLS: Market Size, By Region, 2015-2022 (USD Million)
Table 40 DTMS: Market Size, By Region, 2015-2022 (USD Million)
Table 41 Traffic Management Market Size, By Region, 2015-2022 (USD Million)
Table 42 North America: Market Size, By Type, 2015-2022 (USD Million)
Table 43 North America: Market Size, By Software, 2015-2022 (USD Million)
Table 44 North America: Market Size, By Smart Surveillance, 2015-2022 (USD Million)
Table 45 North America: Market Size, By Video Analytics, 2015-2022 (USD Million)
Table 46 North America: Market Size, By Hardware, 2015-2022 (USD Million)
Table 47 North America: Market Size, By Sensors, 2015-2022 (USD Million)
Table 48 North America: Market Size, By Service, 2015-2022 (USD Million)
Table 49 North America: Market Size, By Systems, 2015-2022 (USD Million)
Table 50 Europe: Traffic Management Market Size, By Type, 2015-2022 (USD Million)
Table 51 Europe: Market Size, By Software, 2015-2022 (USD Million)
Table 52 Europe: Market Size, By Smart Surveillance, 2015-2022 (USD Million)
Table 53 Europe: Market Size, By Video Analytics, 2015-2022 (USD Million)
Table 54 Europe: Market Size, By Hardware, 2015-2022 (USD Million)
Table 55 Europe: Market Size, By Sensors, 2015-2022 (USD Million)
Table 56 Europe: Market Size, By Service, 2015-2022 (USD Million)
Table 57 Europe: Market Size, By Systems, 2015-2022 (USD Million)
Table 58 APAC: Traffic Management Market Size, By Type, 2015-2022 (USD Million)
Table 59 APAC: Market Size, By Software, 2015-2022 (USD Million)
Table 60 APAC: Market Size, By Smart Surveillance, 2015-2022 (USD Million)
Table 61 APAC: Market Size, By Video Analytics, 2015-2022 (USD Million)
Table 62 APAC: Market Size, By Hardware, 2015-2022 (USD Million)
Table 63 APAC: Market Size, By Sensors, 2015-2022 (USD Million)
Table 64 APAC: Market Size, By Service, 2015-2022 (USD Million)
Table 65 APAC: Market Size, By Systems, 2015-2022 (USD Million)
Table 66 MEA: Traffic Management Market Size, By Type, 2015-2022 (USD Million)
Table 67 MEA: Market Size, By Software, 2015-2022 (USD Million)
Table 68 MEA: Market Size, By Smart Surveillance, 2015-2022 (USD Million)
Table 69 MEA: Market Size, By Video Analytics, 2015-2022 (USD Million)
Table 70 MEA: Market Size, By Hardware, 2015-2022 (USD Million)
Table 71 MEA: Market Size, By Sensors, 2015-2022 (USD Million)
Table 72 MEA: Market Size, By Service, 2015-2022 (USD Million)
Table 73 MEA: Market Size, By Systems, 2015-2022 (USD Million)
Table 74 Latin America: Traffic Management Market Size, By Type, 2015-2022 (USD Million)
Table 75 Latin America: Market Size, By Software, 2015-2022 (USD Million)
Table 76 Latin America: Market Size, By Smart Surveillance, 2015-2022 (USD Million)
Table 77 Latin America: Market Size, By Video Analytics, 2015-2022 (USD Million)
Table 78 Latin America: Market Size, By Hardware, 2015-2022 (USD Million)
Table 79 Latin America: Market Size, By Sensors, 2015-2022 (USD Million)
Table 80 Latin America: Market Size, By Service, 2015-2022 (USD Million)
Table 81 Latin America: Market Size, By Systems, 2015-2022 (USD Million)

List of Figures

Figure 1 Global Tarffic Management Market: Market Segmentation
Figure 2 Global Traffic Management Market: By System
Figure 3 Regional Scope
Figure 4 Global Traffic Management Market: Research Design
Figure 5 Research Methodology
Figure 6 Data Triangulation
Figure 7 Market Size Estimation Methodology: Bottom-Up Approach
Figure 8 Market Size Estimation Methodology: Top-Down Approach
Figure 9 Vendor Dive Matrix: Criteria Weightage
Figure 10 Europe is Estimated to Hold the Largest Market Share in 2017
Figure 11 Fastest-Growing Segments of the Traffic Management Market
Figure 12 Emergence of IoT Technology Offers Attractive Market Opportunities
Figure 13 Hardware System is Expected to Hold the Largest Market Share in 2017
Figure 14 Hardware Segment is Expected to Hold the Largest Market Share in 2017
Figure 15 Smart Signaling Software is Expected to Hold the Largest Market Share in 2017
Figure 16 Surveillance Cameras is Expected to Hold the Largest Market Share During the Forecast Period
Figure 17 Deployment and Integration Service is Expected to Hold the Largest Market Share During the Forecast Period
Figure 18 Europe is Expected to Hold the Largest Market Share in 2017
Figure 19 The Traffic Management Market has Immense Opportunities for Growth in Asia-Pacific
Figure 20 Traffic Management Market :Drivers, Restraints, Opportunities, and Challenges
Figure 21 Software Segment is Expected to Hold the Largest Market Size in 2022
Figure 22 Route Guidance Software is Expected to Hold the Largest Market Size in 2022
Figure 23 Surveillance Camera is Expected to Hold the Largest Market Size During the Forecast Period
Figure 24 Deployment and Integration Service is Expected to Hold the Largest Market Share During the Forecast Period
Figure 25 JTMC System is Expected to Hold the Largest Market Share During the Forecast Period
Figure 26 Europe is Expected to Hold the Largest Market Share During the Forecast Period
Figure 27 Asia-Pacific: Hotspot for Traffic Management Market During the Forecast Period
Figure 28 Europe Snapshot
Figure 29 APAC Snapshot
Figure 30 Vendor Dive Chart
Figure 31 Accenture PLC: Company Snapshot
Figure 32 Accenture PLC: Product Offering Scorecard
Figure 33 Accenture PLC: Business Strategy Scorecard
Figure 34 Cellint: Company Snapshot
Figure 35 Cellint: Product Offering Scorecard
Figure 36 Cellint: Business Strategy Scorecard
Figure 37 Cisco Systems, Inc.: Company Snapshot
Figure 38 Cisco Systems, Inc.: Product Offering Scorecard
Figure 39 Cisco Systems, Inc.: Business Strategy Scorecard
Figure 40 Cubic Corporation: Company Snapshot
Figure 41 Cubic Corporation: Product Offering Scorecard
Figure 42 Cubic Corporation: Business Strategy Scorecard
Figure 43 Efkon AG: Company Snapshot
Figure 44 Efkon AG: Product Offering Scorecard
Figure 45 Efkon AG: Business Strategy Scorecard
Figure 46 Iteris, Inc.: Company Snapshot
Figure 47 Iteris, Inc.: Product Offering Scorecard
Figure 48 Iteris, Inc: Business Strategy Scorecard
Figure 49 IBM Corporation: Company Snapshot
Figure 50 IBM Corporation: Product Offering Scorecard
Figure 51 IBM Corporation: Business Strategy Scorecard
Figure 52 Indra Sistemas, S.A.: Company Snapshot
Figure 53 Indra Sistemas, S.A.: Product Offering Scorecard
Figure 54 Indra Sistemas, S.A.: Business Strategy Scorecard
Figure 55 Kapsch AG : Company Snapshot
Figure 56 Kapsch Trafficcom AG: Product Offering Scorecard
Figure 57 Kapsch Trafficcom AG: Business Startegy Scorecard
Figure 58 LG CNS Co. Ltd.: Company Snapshot
Figure 59 LG CNS Co. Ltd.: Product Offering Scorecard
Figure 60 LG CNS Co. Ltd.: Business Strategy Scorecard
Figure 61 Metro Infrasys Private Limited: Company Snapshot
Figure 62 Metro Infrasys Private Limited: Product Offering Scorecard
Figure 63 Metro Infrasys Private Limited: Business Strategy Scorecard
Figure 64 Q-Free ASA: Company Snapshot
Figure 65 Q-Free ASA: Product Offering Scorecard
Figure 66 Q-Free ASA: Business Strategy Scorecard
Figure 67 Siemens AG: Company Snapshot
Figure 68 Siemens AG: Product Offering Scorecard
Figure 69 Siemens AG: Business Strategy Scorecard
Figure 70 Swarco AG : Company Snapshot
Figure 71 Swarco AG: Product Offering Scorecard
Figure 72 Swarco AG: Business Strategy Scorecard

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