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| Market size in 2024 | US$ 12.56 billion |
Forecast Market size by 2030 | US$ 22.84 billion |
|---|---|---|---|
| Growth Rate | CAGR of 10.5% | Number of Pages | 117 Pages |
The global Advanced Traffic Management for Smart Cities market size was valued at US$ 12.56 billion in 2024 and is projected to reach US$ 22.84 billion by 2030, at a CAGR of 10.5% during the forecast period 2024-2030.
The United States Advanced Traffic Management for Smart Cities market size was valued at US$ 3.32 billion in 2024 and is projected to reach US$ 5.78 billion by 2030, at a CAGR of 9.7% during the forecast period 2024-2030.
Integrated systems using IoT, AI, and big data analytics to optimize traffic flow, reduce congestion, and improve urban mobility in smart city environments.
The global Advanced Traffic Management for Smart Cities market is showing strong growth, driven by increasing urbanization, rising traffic congestion issues, and government initiatives for smart city development. Key players include Siemens Mobility, Cisco Systems, and IBM Corporation. In 2024, adaptive traffic signal control systems accounted for 35% of the market, with AI-powered predictive traffic management solutions growing at 13.8% annually. The industry is seeing innovation in vehicle-to-infrastructure (V2I) communication systems, reducing.
Report Overview
Considering the physical and financial limitations around building additional roads, cities must use new strategies and technologies to improve traffic conditions. Advanced traffic management systems (ATMSs) such as adaptive traffic control (ATC) are enabling greater efficiencies in the traffic management ecosystem and can help integrate the expected growth in vehicle populations without overwhelming existing infrastructure. ATMSs are also enabling the development of smart intersections, which are emerging as one of the most important data-driven backbones needed for solving core city challenges.
This report provides a deep insight into the global Advanced Traffic Management for Smart Cities market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.
The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Advanced Traffic Management for Smart Cities Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.
In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Advanced Traffic Management for Smart Cities market in any manner.
Global Advanced Traffic Management for Smart Cities Market: Market Segmentation Analysis
The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.
Key Company
Customization of the Report
In case of any queries or customization requirements, please connect with our sales team, who will ensure that your requirements are met.
Chapter Outline
Chapter 1 mainly introduces the statistical scope of the report, market division standards, and market research methods.
Chapter 2 is an executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the Advanced Traffic Management for Smart Cities Market and its likely evolution in the short to mid-term, and long term.
Chapter 3 makes a detailed analysis of the market's competitive landscape of the market and provides the market share, capacity, output, price, latest development plan, merger, and acquisition information of the main manufacturers in the market.
Chapter 4 is the analysis of the whole market industrial chain, including the upstream and downstream of the industry, as well as Porter's five forces analysis.
Chapter 5 introduces the latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 6 provides the analysis of various market segments according to product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 7 provides the analysis of various market segments according to application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 8 provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 9 introduces the basic situation of the main companies in the market in detail, including product sales revenue, sales volume, price, gross profit margin, market share, product introduction, recent development, etc.
Chapter 10 provides a quantitative analysis of the market size and development potential of each region in the next five years.
Chapter 11 provides a quantitative analysis of the market size and development potential of each market segment (product type and application) in the next five years.
Chapter 12 is the main points and conclusions of the report
| Report Attributes | Report Details |
|---|---|
| Report Title | Global Advanced Traffic Management for Smart Cities Market Research Report 2024(Status and Outlook) |
| Market size in 2024 | US$ 12.56 billion |
| Forecast Market size by 2030 | US$ 22.84 billion |
| Growth Rate | CAGR of 10.5% |
| Historical Year | 2018 to 2022 (Data from 2010 can be provided as per availability) |
| Base Year | 2023 |
| Forecast Year | 2031 |
| Number of Pages | 117 Pages |
| Customization Available | Yes, the report can be customized as per your need. |
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