Traffic Management Market Growth at 36.5% CAGR Forecast for 2014-2019 in a New Research Report

DALLAS, September 22, 2014 /PRNewswire/ --

ReportsnReports.com adds Traffic Management Market by Solutions, Displays & Systems (Full Pedestrian, Parking Space and Toll Management, Above Ground Pedestrian and Vehicle Detection) - Global Advancements, Projects, Worldwide Forecast & Analysis (2014 - 2019) research report of 193 pages to its store. Complete report is available at http://www.reportsnreports.com/reports/266796-traffic-management-market-solutions-displays-systems-full-pedestrian-parking-space-and-toll-management-above-ground-pedestrian-and-vehicle-detection-global-advancements-market-trends-enterprise-roadmap-market-forecasts-and-analysis-2013-2018-.html .

The global traffic management market is estimated to be $3.56 billion in 2014 and expected to reach $16.89 billion by 2019, at a CAGR of 36.5% between 2014 and 2019. The report on traffic management includes the opportunity analysis of technology adoption across all solutions and services market such as Cloud services, Traffic Management Services (TMS), Intelligent Transport System (ITS) and many more. The ancient solutions only saved time to an extent but there was money wastage due to the congestion problem. Whereas, the new adopted technologies and solutions saves time, money, and is safe.  Some of the wide range of solutions offered is such as intersection controller, full pedestrian solution, LED signals and retrofit solutions, extra low voltage and many more. Traffic Management Market holds the maximum percentage of market share in these and is expected to grow in the future years. Cloud service is one of the services adopted in the overall Traffic Management Market by services, because of the innovation in performance and functions of smart devices.

Out of all the regions, North America is the largest revenue generator for services in the Smart transportation market. Asia Pacific (APAC) is expected to show a significant rise in the revenues because of the budding inter-Asian and intra-Asian trade that exists between different countries of Asia. Traditional traffic management is converting into intelligent traffic management where digital infrastructure is overlaid to interconnect and 'plug in' the downfalls that the physical infrastructure cannot escape. Traffic Management report consists of the opportunity study of technology adoption across all solution and services market. The report focuses on estimating and forecasting the market potential of the major sub-segments of traffic, extra low voltage, active traffic management, intelligent traffic management, innovative traffic solution, journey time management system and many more. The report also discuss about the projects undertaken to curb the congestion and traffic problems. There will be huge expansion and growth in the market due to traffic related projects mainly undertaken by government.

Companies profiled in this traffic management market report include Accenture PLC, Alstom SA, CISCO Systems Inc, Cubic Corporation, GE Transportation, International Business Machines Corporation, Kapsch AG, LG CNS, Schneider Electric and Siemens AG. Order a copy of this report at http://www.reportsnreports.com/Purchase.aspx?name=266796 .

The Traffic Management market is also segmented based on regions such as North America, Latin America, Western Europe, Commonwealth of Independent States (CIS) + Eastern Europe, Asia-Pacific (APAC), and Middle East and Africa (MEA). The market forecasts are provided for each region from 2014 to 2019. There are various assumptions that we have taken into consideration for market sizing and forecasting exercise. A few of the global assumptions include political, economic, social, technological, and economic factors. For instance, exchange rates, one of the economic factors, are expected to have a moderate impact on this market. Therefore, dollar fluctuations are not expected to seriously affect the forecasts in the emerging Asia Pacific (APAC) regions.

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

• The report segments the market into solutions, and services covering this market comprehensively. It provides the closest approximations of the revenue numbers for the overall market and the sub-segments. The market numbers are further split across the regions.

• The report will help them better understand the competitor and gain more insights to better position their business. There is a separate section on competitive landscape, including competitor ecosystem, mergers and acquisition, and venture capital funding. Besides, there are company profiles of 10 top players in this market. In this section, market scenarios are provided that can put them ahead of the competitors.

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

Projects discussed in this traffic management market research include Smart Parking Project Montreal, Canada, Chenani-Nashri Tunnel (Patnitop Tunnel) India, Elizabeth River Tunnels Project U.S., Rohtang Tunnel At Lahaul Spiti Valley, India, Deep Dredge Project, the Port of Miami U.S., Vilnius Traffic Management System Lithuania, Johnson County Gateway Interchange Project Kansas, U.S., Elgin O'hare Western Access Project Illinois, U.S., Lusail Expressway Qatar, Northconnex Motorway Sydney, Australia, Troja Bridge Prague, Czech Republic, I-485 Charlotte Outer Loop North California, U.S., NY Thruway Bridge Project, Gateway Western Australia (WA) Perth, Australia, Bogibeel Railroad Bridge India, DA Nang, Quang Ngai Expressway Vietnam, Brighton Bypass & Transport Hub Australia, Secondary National Roads Development Project (SNRDP) Philippines and Inuvik to Tuktoyaktuk Highway Project Canada.

Parking Management Market by Devices (Parking Meter, Ticketing, Occupancy Sensor, RFID, Automated Gates), by Solutions (Access Control, Security, Revenue, Reservation, Enforcement & Guidance Management), & by Services - Worldwide Forecast & Analysis (2014 - 2019) is another research report of 266 pages available at http://www.reportsnreports.com/reports/268821-parking-management-market-access-control-security-and-surveillance-revenue-management-reservation-management-valet-management-enforcement-and-permit-management-guidance-and-slot-management-worldwide-market-forecasts-analysis-2013-2018-.html . According to this report, North America is the largest market for Parking Management services. This research expects this market to grow from $   1,820.5million in 2014 to $2,619.4 million by 2019, at an estimated Compound Annual Growth Rate (CAGR) of 7.5% from 2014 to 2019. Companies like Affiliated Computer Services, 3M, Siemens, HCL Technologies Ltd., Cubic Corporation, KAPSCH, Vodafone Group Plc, T2 Systems, Ski data Ag, Rydin Decal, Passport Parking, LLC, Streetline, Amano Corporation, Libelium, Scheidt & Bachmann and key innovators like Nedap Avi, TCS International, Complus Data Innovations, Inc., Integrapark LLC, Transcore, Netpark LLC, Group Techna Inc., Data Ticket Inc., Parkopedia and EDC Corporation are discussed in this research.

Smart Transportation Market (Ticketing Management, Parking Management, Traffic Management, Smart Signalling System, Multimodal Information System, Cloud Services, Business Services) - Global Advancements, Forecasts and Analysis (2014-2019) is a March 2014 research report spread across 139 pages. It says global smart transportation market in 2014 is estimated to be $45.05 billion. This market is expected to reach $104.19 billion by 2019, at a CAGR of 18.3% between 2014 and 2019. The key playing fields are traffic management systems, and cloud services in the smart transportation market. The Smart transportation market report, available at http://www.reportsnreports.com/reports/209788-smart-transportation-market-by-solutions-ticketing-management-parking-management-passenger-information-traffic-management-services-traditional-advanced-software-worldwide-analysis-and-forecasts-2012-2018-.html , profiles leading companies such as Accenture, Affiliated Computer Services Inc, Alstom SA, Cisco Systems Inc, Cubic, ESRI, GE Transportation, IBM, Indra, Ineo, Kapsch, LG CNS, Schneider Electric, Siemens, and Thales.

Explore more reports on IT & Telecommunications market at http://www.reportsnreports.com/market-research/information-technology/ .

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