Market Research Insights

  San Francisco, 11 Jan 2022:   The Report  Intelligent Traffic Management System Market  Size, Share & Trends Analysis Report By Solution (Traffic Monitoring System, Traffic Signal Control System, Integrated Corridor Management), By Region, And Segment Forecasts, 2021 - 2028 The global intelligent traffic management system market size is expected to reach USD 21.38 billion by 2028, expanding at a CAGR of 11.9% from 2021 to 2028, according to a new study by Grand View Research, Inc. An aging infrastructure, the rising traffic congestion, and the lack of mobility solutions and transportation infrastructure are expected to further lead to traffic congestion, thereby adding to the transportation costs and affecting the everyday life of people. These factors and supportive government initiatives to implement smart cities are anticipated to drive the growth of the market. One of the key issues caused by road congestion is air pollution. The implementation of intelligent systems makes tr

  San Francisco, 21 Oct 2021:   The Report  Intelligent Traffic Management System Market  Size, Share & Trends Analysis Report By Solution (Traffic Monitoring System, Traffic Signal Control System, Integrated Corridor Management), By Region, And Segment Forecasts, 2021 - 2028 The global intelligent traffic management system market size is expected to reach USD 21.38 billion by 2028, expanding at a CAGR of 11.9% from 2021 to 2028, according to a new study by Grand View Research, Inc. An aging infrastructure, the rising traffic congestion, and the lack of mobility solutions and transportation infrastructure are expected to further lead to traffic congestion, thereby adding to the transportation costs and affecting the everyday life of people. These factors and supportive government initiatives to implement smart cities are anticipated to drive the growth of the market. One of the key issues caused by road congestion is air pollution. The implementation of intelligent systems makes tr