Connect with us
Finance Digest is a leading online platform for finance and business news, providing insights on banking, finance, technology, investing,trading, insurance, fintech, and more. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

Research Reports

Traffic Management Systems growing at a CAGR of 22.5% for 2022 – 28



Future Market Insights (FMI) has published a new report on the global traffic management systems market. The report has been titled “Traffic Management Systems Market: Global Industry Analysis (2013-2017) and Opportunity Assessment (2018-2028).” The global traffic management systems market is likely to foresee an extensive growth over the course of the forecast period. This growth can be attributed to the burgeoning congestion levels that offer tremendous potential for traffic management systems. The traffic management systems market is also increasing due to increasing government focus on boosting safety as well as expanding the smart city initiatives along with rapid advancements in technology.

The global traffic management systems market revenue totaled ~US$ 19,310.0 Mn in 2021. The traffic management systems market is projected to reach ~US$ 75,228.8 Mn by 2028, growing at a CAGR of 22.5% for 2022 – 28.

For more insights into the market, request a sample of this report@

Traffic management systems market is nearly 25% of the smart transportation market globally. The traffic management systems market growth will continue to accelerate due to the continuous developments in urban traffic management systems, adaptive traffic control systems and incident detection & location systems across the public transportation infrastructure.

The adoption of traffic management systems is driven by factors such as rising number of vehicles, increasing need for tracking and managing traffic and increasing need for presenting real-time traffic information.

Competitive Landscape

Many key players are inclined at investing heavily in innovation, research, and development practices to uncover increased applications of traffic management systems globally. With the use of digital transformation technology, traffic management solution vendors are also focusing on increasing customer base and market shares in the competitive landscape of traffic management systems market.

Ask An Analyst @

  • IBM Corporation
  • Siemens AG
  • Thales Group
  • Mitsubishi Electric Corporation
  • Kapsch Trafficcom
  • Iskra
  • Telegra
  • SICE

Market Taxonomy

The global traffic management system market has been segmented into the following:


  • Hardware
  • Software
  • Services


  • Urban Traffic Management Systems
  • Adaptive Traffic Control Systems
  • Journey Time Management Systems
  • Incident Detection & Location Systems
  • Others

End User

  • Railways
  • Roads
  • Air
  • Maritime


  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • SEA and Other Asia
  • Pacific
  • Middle East and
  • Africa
  • Japan
  • China

Buy Complete Report @

Table Of Content

  1. Executive Summary

1.1. Market Overview

1.2. Market Analysis

1.3. FMI Analysis and Recommendations

1.4. Wheel of Fortune

  1. Market Introduction

2.1. Market Definition

2.2. Market Taxonomy

  1. Market Background

3.1. Macro-Economic Factors

3.2. Forecast Factors – Relevance & Impact

3.3. Value Chain

3.4. Market Dynamics

3.4.1. Drivers

3.4.2. Restraints

3.5. Opportunity Analysis

  1. Market Forecast

4.1. Market Size and Y-o-Y Growth

4.2. Absolute $ Opportunity

  1. Global Traffic Management System Analysis By Component
  2. Global Traffic Management System Analysis By Application

Key Questions Answered in the Report

Related Reports – 

Temperature Detection Screen MarketThe global temperature detection screen market stands at a valuation of US$ 1.2 Bn in 2022, and is projected to attain an estimated worth of US$ 4.2 Bn by the end of 2030, expanding at a staggering CAGR of 16.9% over the period of 2022-2030.

Blockchain Technology MarketThe blockchain technology market is predicted to surge at 43.5% CAGR through 2030, reaching US$ 59.5 Bn in valuation, up from just US$ 3.31 Bn in 2022.

Contact Us:                                                      

Future Market Insights
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
For Sales Enquiries:
For Media Enquiries:


Continue Reading

Why pay for news and opinions when you can get them for free?

       Subscribe for free now!

By submitting this form, you are consenting to receive marketing emails from: . You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

Recent Posts