North America Intelligent Traffic Management System Market Is Estimated To Exhibit At USD 9.50 Billion By 2030
San Francisco, 8 Sep 2022: The Report North America Intelligent Traffic Management System Market Size, Share & Trends Analysis Report By Solution (Integrated Corridor Management, Intelligent Driver Information System), By Region, And Segment Forecasts, 2022 - 2030 The North America intelligent traffic management system market size is expected to reach USD 9.50 billion by 2030 and grow at a significant CAGR of 11.5% from 2022 to 2030, according to a new report by Grand View Research Inc. The need to restructure transportation networks owing to an expanding urban population, and increased industrialization, are projected to drive the market growth. These technologies help alleviate traffic congestion, decrease delays, and provide correct information to commuters and traffic managers. The government plans to build smart cities with improved road networks are likely to positively influence the growth of the market. Air pollution is a key contributor to traffic congestion. The intr