North America Traffic Management Market Size and Forecast (2020 – 2030)
North America Traffic Management Market Size and Forecast (2020 – 2030), Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Component [Hardware (Cameras, Display Boards, and Sensors), Software (On-Premise and Cloud), and Service] and Application (Automatic Tolling, Lane Management, Parking Management, Surveillance, Traffic Signal Management, and Others)
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Description
Different types of sensors, such as radars, lasers, light, proximity, humidity, and temperature, are required for effective traffic management. Radars and lasers are the most commonly used sensors. The sensors segment is expected to grow at the fastest pace among all hardware segments during the forecast period. The growing application of AI and ML is fueling the need for data from various sensors. While cameras can capture several pieces of data, the quality of data captured highly depends on the supporting sensor. If a sensor malfunctions, the camera may not even register a speeding vehicle. Hence, sensors are of utmost importance for the optimal functioning of a traffic management system. Various players across North America are providing sensors for traffic management. For example, Sensys Networks, a company that supplies wireless traffic detection and integrated traffic data systems, provides Sensys Networks VSN240-F and VSN240-T traffic sensors; these are vehicle detection sensors. Thus, the presence of such sensor manufacturers in the region is anticipated to drive the North America traffic management market for the sensor segment.
Despite having a relatively lower capital expenditure record on traffic management systems, the state of Kentucky has been strongly promoting the adoption of ITS in the past few years as a step to increase the safety of travelers on the road, improve upkeep of infrastructure, and also regional transportation improvements. In January 2019, the state partnered with seven other states to implement a Truck Parking Information Management System (TPIMS) to display parking availability information to commercial truck drivers along high-traffic roadways. In addition to Kentucky, the road signs were tailored to digitally display the number of open spaces across Iowa, Indiana, Kansas, Minnesota, Ohio, Michigan, and Wisconsin.
In January 2024, the governor of the state announced the 2024 Recommended Highway Plan, featuring more than 1,300 projects to maintain and build a safe transportation system through the investment of state and federal capital over six years. It included funding for several transformative projects, such as the completion of four lanes at the Mountain Parkway, the construction of a toll-free Brent Spence companion bridge, and the building of a new I-69 bridge. The recommended highway plans were based on the anticipated receipt of US$ 8.65 billion in revenues through 2030. Of this, US$ 7.7 billion is expected from federal-aid highway program funding, and the rest is expected from state road fund revenues worth US$ 950 million. Such developments are anticipated to generate the requirement for various traffic management systems, promoting the growth of the North America traffic management market in the state.
The North America traffic management market is bifurcated on the basis of component and application. Based on component, the market is segmented into hardware, software, and service. The hardware segment has been further segmented into cameras, display boards, and sensors, while the software segment has been bifurcated into on-premise and cloud. Based on application, the market is segmented into automatic tolling, lane management, parking management, surveillance, traffic signal management, and others. By Country, the North America traffic management market share is split between the US and Canada.
Axis Communications AB, Cisco Systems Inc, Cubic Corporation, Dahua Technology Co Ltd, Hangzhou Hikvision Digital Technology Co Ltd, IBM Corporation, SGS SA, Siemens AG, SNC-Lavalin Group Inc, and Teledyne FLIR LLC are among the key North America traffic management market players that are profiled in this market study.
The overall North America traffic management market size has been derived using both primary and secondary sources. Exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the North America traffic management market. The process also helps obtain an overview and forecast of the market with respect to all the market segments. Also, multiple primary interviews have been conducted with industry participants to validate the data and gain analytical insights. This process includes industry experts such as VPs, business development managers, market intelligence managers, and national sales managers, along with external consultants such as valuation experts, research analysts, and key opinion leaders, specializing in the North America traffic management market.
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According to our latest study on “North America Traffic Management Market Forecast to 2030 – Global and Regional Share, Trend, and Growth Opportunity Analysis – by Component and Application,” the North America Traffic Management Market size was valued at US$ 10.04 billion in 2022 and is expected to reach US$ 28.87 billion by 2030; it is estimated to record a CAGR of 13.1% from 2022 to 2030.
Traffic management is a crucial aspect of any city or state. It largely depends on the deployment of traffic management solutions and the measures undertaken to safeguard smooth traffic flow while improving the overall road transport system. Traffic management procedures vary from state to state, depending on the local laws, and thus require careful planning before implementation. With an increasing number of people shifting toward urban areas, the number of vehicles on the road is swelling significantly. Additionally, the increasing sales of four and two-wheelers in the region are expected to surge the number of vehicles on the road over the next few years. Despite a slowdown in car demand in the past five years, the growing interest in electric vehicles (EVs) is expected to aggravate the traffic congestion in urban areas. Vehicle miles traveled (VMT) is a measure that is used extensively for planning transportation movement. Recent VMT statistics in the US and Canada suggest the ever-increasing number of vehicles. As per the Federal Highway Administration of the US, the VMT increased to 5.13 trillion km in 2023, as compared to 4.55 trillion km in 2021. Thus, managing traffic and ensuring a smooth commute is becoming indispensable for urban scenarios to function appropriately. The North America traffic management market report emphasizes the key factors driving the market and showcases the developments of prominent players.
Development of Smart Cities and Roadways to Offer Lucrative Opportunities for North America Traffic Management Market Growth During Forecast Period
The world is witnessing a boom in connected devices and several countries are investing in developing smart cities. Smart cities are technologically advanced urban areas that employ a variety of sensors and electronic methods for gathering data and utilizing it for the betterment of the locality. The US Department of Transportation (DOT) is taking several initiatives for smart cities and advanced transportation technologies. Building on Beyond Traffic 2045, the Smart City Challenge provided a spark for cities looking to revolutionize their transportation systems to help improve people’s lives. Moreover, the US smart cities are powered by 5G, and city-owned connected infrastructure is the first to have deployed a full cellular vehicle-to-everything (C-V2X) system within its city streets. Smart cities are designed with long-term plans for managing traffic by optimizing transportation logistics and reducing congestion, which is expected to create lucrative business opportunities for the growth of the North America traffic management market. Hence, along with smart cities, countries are also investing in developing smart roadways to provide safer vehicle commutes. Smart roadways include different types of sensors and hardware through which multivariate data can be collected and used for traffic monitoring. It can also be shared with vehicles traveling on the road, allowing them to make informed decisions. Most major vehicle manufacturers manufacture IoT-enabled vehicles with many sensors and devices. Such sensors gather various data, including road conditions and pollution levels. With the increasing adoption of artificial intelligence (AI), data from different vehicles can collaborate with data from smart roadways and meaningful insights can be obtained. Data from vehicles can be utilized to understand the congestion level at specific road sections, determine the average number of vehicles present at a specific point, and estimate the traveling time for a vehicle, among others. Based on such data, lanes can be maintained accordingly, congestions can be predicted and avoided, and disruptions can be attended to promptly. Thus, the commute time in urban areas can be lowered by 15–20%, among several other advantages. Hence, the development of smart cities and roadways will most likely provide ample growth opportunities for the expansion of the North America traffic management market.
North America traffic management market Regional Overview:
Canada held the second-largest North America traffic management market share. The market in Canada is segmented into Alberta, British Columbia, Ontario, Quebec, and the Rest of Canada. Alberta is anticipated to grow at the second fastest pace. Alberta is a Western Canadian province that has a long history of adopting advanced traffic management systems. Alberta’s Commercial Vehicle Enforcement Branch (AB CVEB) implemented the Smart Roadside Inspection Systems (SRIS) in March 2012 at four of their vehicle inspection stations (VIS) with the assistance of the vendor, Intelligent Imaging Systems (IIS), of Edmonton. The system included a number of firsts, such as the first commercial motor vehicle (CMV) hazardous materials (HazMat) placard system in North America that identified and flagged vehicles transporting dangerous goods, the first CMV automated thermal imaging solution integrated into any screening system, and the first agency in Canada with the ability to automatically screen and identify high-risk US vehicles traveling through the province, among many others.
Alberta is also one of Canada’s leaders in the use of the Road Weather Information System (RWIS). Since 2005, the provincial highway network has been fitted with more than 100 RWIS stations. RWIS consists of sensors and cameras that track and gather data on weather and road situations in real-time reports to generate current conditions and forecasts.
In November 2021, a new traffic signal was installed in the Town of Sylvan Lake at the intersection of 46 St. and 47 Avenue to ensure pedestrian safety and to cater to increased traffic. Such trends collectively boost Alberta’s traffic management market during the forecast period.
North America Traffic Management Market Segmental Overview
The North America traffic management market analysis has been carried out by considering the following segments: component and application. Based on component, the market is segmented into hardware, software, and service. The hardware segment has been further segmented into cameras, display boards, and sensors, while the software segment has been bifurcated into on-premise and cloud. Based on application, the market is segmented into automatic tolling, lane management, parking management, surveillance, traffic signal management, and others. By Country, the North America traffic management market share is segmented into the US and Canada. The US traffic management market is further segmented into Arizona, Kentucky, Maryland, Michigan, New York, North Carolina, Ohio, South Carolina, Virginia, Wisconsin, and the Rest of US. The Canada traffic management market is segmented into Alberta, British Columbia, Ontario, Quebec, and the Rest of Canada.
North America Traffic Management Market Competitive Landscape and Key Developments
Axis Communications AB, Cisco Systems Inc, Cubic Corporation, Dahua Technology Co Ltd, Hangzhou Hikvision Digital Technology Co Ltd, IBM Corporation, SGS SA, Siemens AG, SNC-Lavalin Group Inc, and Teledyne FLIR LLC are among the prominent players analyzed in the North America traffic management market report. Several other important players were also evaluated to get a holistic view of the market and its ecosystem. The increasing deployment of cutting-edge technologies by the key players is expected to remain a key North America traffic management market trend. Moreover, the leading players in the market focus on feature upgrades, expansion and diversification, collaboration, and acquisition strategies, which enable them to grab new business opportunities. For instance:
In July 2023, the Cody City Council approved both a quit claim deed and right-of-way easement, permitting the Wyoming Department of Transportation (WYDOT) to proceed with traffic light installation at the intersection of Big Horn Avenue and Blackburn Street. The quit claim deed transfers the ownership of three parcels of city property to the WYDOT. These three parcels total 308 square feet and were required for the completion of the traffic signal projects. In August 2022, the City Council of Allen approved an ~US$ 1.5 million construction agreement for three new traffic signals at the intersections of Stacy Road and Curtis Lane, Bethany Drive at Racetrac Driveway (west of Greenville Avenue), and Angel Parkway and Malone Road. The purchase was made through a cooperative purchasing agreement with the Houston-Galveston Area Council for US$ 0.3 million. Contact Us
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TABLE OF CONTENTS
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. North America Traffic Management Market Landscape
4.1 Overview
4.2 PEST Analysis
4.3 Ecosystem Analysis
4.3.1 List of Vendors in the Value Chain
5. North America Traffic Management Market – Key Market Dynamics
5.1 North America Traffic Management Market – Key Market Dynamics
5.2 Market Drivers
5.2.1 Increasing Urbanization
5.2.2 Growing Infrastructure Investment
5.3 Market Restraints
5.3.1 High Implementation Cost
5.4 Market Opportunities
5.4.1 Development of Smart Cities and Roadways
5.5 Future Trends
5.5.1 Increasing Deployment of AI and ML
5.5.2 Growing Adoption of Self-Adaptive Traffic Signal Systems
5.6 Impact of Drivers and Restraints:
6. North America Traffic Management Market Analysis
6.1 North America Traffic Management Market Revenue (US$ Million), 2022–2030
6.2 North America Traffic Management Market Forecast and Analysis
7. North America Traffic Management Market Analysis – by Component
7.1 Hardware
7.1.1 Overview
7.1.2 Hardware: North America Traffic Management Market – Revenue and Forecast to 2030 (US$ Million)
7.1.3 Cameras
7.1.3.1 Overview
7.1.3.2 Cameras: North America Traffic Management Market – Revenue and Forecast to 2030 (US$ Million)
7.1.4 Display Boards
7.1.4.1 Overview
7.1.4.2 Display Boards: North America Traffic Management Market – Revenue and Forecast to 2030 (US$ Million)
7.1.5 Sensors
7.1.5.1 Overview
7.1.5.2 Sensors: North America Traffic Management Market – Revenue and Forecast to 2030 (US$ Million)
7.2 Software
7.2.1 Overview
7.2.2 Software: North America Traffic Management Market – Revenue and Forecast to 2030 (US$ Million)
7.2.3 On-Premise
7.2.3.1 Overview
7.2.3.2 On-Premise: North America Traffic Management Market – Revenue and Forecast to 2030 (US$ Million)
7.2.4 Cloud
7.2.4.1 Overview
7.2.4.2 Cloud: North America Traffic Management Market – Revenue and Forecast to 2030 (US$ Million)
7.3 Service
7.3.1 Overview
7.3.2 Service: North America Traffic Management Market – Revenue and Forecast to 2030 (US$ Million)
8. North America Traffic Management Market Analysis – by Application
8.1 Automatic Tolling
8.1.1 Overview
8.1.2 Automatic Tolling: North America Traffic Management Market – Revenue and Forecast to 2030 (US$ Million)
8.2 Lane Management
8.2.1 Overview
8.2.2 Lane Management: North America Traffic Management Market – Revenue and Forecast to 2030 (US$ Million)
8.3 Parking Management
8.3.1 Overview
8.3.2 Parking Management: North America Traffic Management Market – Revenue and Forecast to 2030 (US$ Million)
8.4 Surveillance
8.4.1 Overview
8.4.2 Surveillance: North America Traffic Management Market – Revenue and Forecast to 2030 (US$ Million)
8.5 Traffic Signal Management
8.5.1 Overview
8.5.2 Traffic Signal Management: North America Traffic Management Market – Revenue and Forecast to 2030 (US$ Million)
8.6 Others
8.6.1 Overview
8.6.2 Others: North America Traffic Management Market – Revenue and Forecast to 2030 (US$ Million)
9. North America Traffic Management Market – Country Analysis
9.1 North America Traffic Management Market Breakdown by Countries
9.1.1 North America Traffic Management Market Revenue and Forecast and Analysis – by Country
9.1.1.1 North America Traffic Management Market Revenue and Forecast and Analysis – by Country
9.1.1.2 US Traffic Management Market – Revenue and Forecast to 2030 (US$ Million)
9.1.1.2.1 US Traffic Management Market Breakdown by Component
9.1.1.2.2 US Traffic Management Market Breakdown by Hardware
9.1.1.2.3 US Traffic Management Market Breakdown by Software
9.1.1.2.4 US Traffic Management Market Breakdown by Application
9.1.1.2.5 US Traffic Management Market Breakdown by States
9.1.1.2.6 Arizona Traffic Management Market – Revenue and Forecast to 2030 (US$ Million)
9.1.1.2.7 Kentucky Traffic Management Market – Revenue and Forecast to 2030 (US$ Million)
9.1.1.2.8 Maryland Traffic Management Market – Revenue and Forecast to 2030 (US$ Million)
9.1.1.2.9 Michigan Traffic Management Market – Revenue and Forecast to 2030 (US$ Million)
9.1.1.2.10 New York Traffic Management Market – Revenue and Forecast to 2030 (US$ Million)
9.1.1.2.11 North Carolina Traffic Management Market – Revenue and Forecast to 2030 (US$ Million)
9.1.1.2.12 Ohio Traffic Management Market – Revenue and Forecast to 2030 (US$ Million)
9.1.1.2.13 South Carolina Traffic Management Market – Revenue and Forecast to 2030 (US$ Million)
9.1.1.2.14 Virginia Traffic Management Market – Revenue and Forecast to 2030 (US$ Million)
9.1.1.2.15 Wisconsin Traffic Management Market – Revenue and Forecast to 2030 (US$ Million)
9.1.1.2.16 Rest of US Traffic Management Market – Revenue and Forecast to 2030 (US$ Million)
9.1.1.3 Strengthening Mobility and Revolutionizing Transportation (SMART) Grants Program of the US –Fiscal Year 2022 Planning and Prototyping Grants by State (Selected Data)
9.1.1.4 Canada Traffic Management Market – Revenue and Forecast to 2030 (US$ Million)
9.1.1.4.1 Canada Traffic Management Market Breakdown by Component
9.1.1.4.2 Canada Traffic Management Market Breakdown by Hardware
9.1.1.4.3 Canada Traffic Management Market Breakdown by Software
9.1.1.4.4 Canada Traffic Management Market Breakdown by Application
9.1.1.4.5 Canada Traffic Management Market Breakdown by Provinces
9.1.1.4.6 Alberta Traffic Management Market – Revenue and Forecast to 2030 (US$ Million)
9.1.1.4.7 British Columbia Traffic Management Market – Revenue and Forecast to 2030 (US$ Million)
9.1.1.4.8 Ontario’s Traffic Management Market – Revenue and Forecast to 2030 (US$ Million)
9.1.1.4.9 Quebec’s Traffic Management Market – Revenue and Forecast to 2030 (US$ Million)
9.1.1.4.10 Rest of Canada Traffic Management Market – Revenue and Forecast to 2030 (US$ Million)
10. Competitive Landscape
10.1 Heat Map Analysis By Key Players
10.2 Company Positioning & Concentration
11. Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 New Product Development
11.4 Merger and Acquisition
12. Company Profiles
12.1 Axis Communications AB
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Cisco Systems Inc
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Cubic Corp
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Dahua Technology Co., Ltd.
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 International Business Machines Corp
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Hangzhou Hikvision Digital Technology Co Ltd
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 SGS SA
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Siemens AG
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 Teledyne FLIR LLC
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 Snc-Lavalin Group Inc
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments
13. Appendix
13.1 Word Index
LIST OF TABLES
Table 2. List of Vendors
Table 3. North America Traffic Management Market – Revenue and Forecast to 2030 (US$ Million)
Table 4. North America Traffic Management Market – Revenue and Forecast to 2030 (US$ Million) – by Component
Table 5. North America Traffic Management Market – Revenue and Forecast to 2030 (US$ Million) – by Application
Table 6. North America Traffic Management Market – Revenue and Forecast to 2030 (US$ Million) – by Country
Table 7. US Traffic Management Market – Revenue and Forecast to 2030 (US$ Million) – by Component
Table 8. US Traffic Management Market – Revenue and Forecast to 2030 (US$ Million) – by Hardware
Table 9. US Traffic Management Market – Revenue and Forecast to 2030 (US$ Million) – by Software
Table 10. US Traffic Management Market – Revenue and Forecast to 2030 (US$ Million) – by Application
Table 11. US Traffic Management Market – Revenue and Forecast to 2030 (US$ Million) – by States
Table 12. Strengthening Mobility and Revolutionizing Transportation (SMART) Grants Program – 2022
Table 13. Canada Traffic Management Market – Revenue and Forecast to 2030 (US$ Million) – by Component
Table 14. Canada Traffic Management Market – Revenue and Forecast to 2030 (US$ Million) – by Hardware
Table 15. Canada Traffic Management Market – Revenue and Forecast to 2030 (US$ Million) – by Software
Table 16. Canada Traffic Management Market – Revenue and Forecast to 2030 (US$ Million) – by Application
Table 17. Canada Traffic Management Market – Revenue and Forecast to 2030 (US$ Million) – by Provinces
Table 18. Heat Map Analysis By Key Players
Table 19. List of Abbreviation
LIST OF FIGURES
Figure 2. PEST Analysis
Figure 3. Ecosystem: Traffic Management Market
Figure 4. Impact Analysis of Drivers and Restraints
Figure 5. North America Traffic Management Market Revenue (US$ Million), 2022–2030
Figure 6. North America Traffic Management Market Share (%) – by Component, 2022 and 2030
Figure 7. Hardware: North America Traffic Management Market– Revenue and Forecast to 2030 (US$ Million)
Figure 8. Cameras: North America Traffic Management Market– Revenue and Forecast to 2030 (US$ Million)
Figure 9. Display Boards: North America Traffic Management Market– Revenue and Forecast to 2030 (US$ Million)
Figure 10. Sensors: North America Traffic Management Market– Revenue and Forecast to 2030 (US$ Million)
Figure 11. Software: North America Traffic Management Market– Revenue and Forecast to 2030 (US$ Million)
Figure 12. On-Premise: North America Traffic Management Market– Revenue and Forecast to 2030 (US$ Million)
Figure 13. Cloud: North America Traffic Management Market– Revenue and Forecast to 2030 (US$ Million)
Figure 14. Service: North America Traffic Management Market– Revenue and Forecast to 2030 (US$ Million)
Figure 15. North America Traffic Management Market Share (%) – by Application, 2022 and 2030
Figure 16. Automatic Tolling: North America Traffic Management Market– Revenue and Forecast to 2030 (US$ Million)
Figure 17. Lane Management: North America Traffic Management Market– Revenue and Forecast to 2030 (US$ Million)
Figure 18. Parking Management: North America Traffic Management Market– Revenue and Forecast to 2030 (US$ Million)
Figure 19. Surveillance: North America Traffic Management Market– Revenue and Forecast to 2030 (US$ Million)
Figure 20. Traffic Signal Management: North America Traffic Management Market– Revenue and Forecast to 2030 (US$ Million)
Figure 21. Others: North America Traffic Management Market– Revenue and Forecast to 2030 (US$ Million)
Figure 22. North America Traffic Management Market Breakdown by Key Countries, 2022 and 2030 (%)
Figure 23. US Traffic Management Market – Revenue and Forecast to 2030 (US$ Million)
Figure 24. Arizona Traffic Management Market – Revenue and Forecast to 2030 (US$ Million)
Figure 25. Kentucky Traffic Management Market – Revenue and Forecast to 2030 (US$ Million)
Figure 26. Maryland Traffic Management Market – Revenue and Forecast to 2030 (US$ Million)
Figure 27. Michigan Traffic Management Market – Revenue and Forecast to 2030 (US$ Million)
Figure 28. New York Traffic Management Market – Revenue and Forecast to 2030 (US$ Million)
Figure 29. North Carolina Traffic Management Market – Revenue and Forecast to 2030 (US$ Million)
Figure 30. Ohio Traffic Management Market – Revenue and Forecast to 2030 (US$ Million)
Figure 31. South Carolina Traffic Management Market – Revenue and Forecast to 2030 (US$ Million)
Figure 32. Virginia Traffic Management Market – Revenue and Forecast to 2030 (US$ Million)
Figure 33. Wisconsin Traffic Management Market – Revenue and Forecast to 2030 (US$ Million)
Figure 34. Rest of US Traffic Management Market – Revenue and Forecast to 2030 (US$ Million)
Figure 35. Canada Traffic Management Market – Revenue and Forecast to 2030 (US$ Million)
Figure 36. Alberta Traffic Management Market – Revenue and Forecast to 2030 (US$ Million)
Figure 37. British Columbia Traffic Management Market – Revenue and Forecast to 2030 (US$ Million)
Figure 38. Ontario’s Traffic Management Market – Revenue and Forecast to 2030 (US$ Million)
Figure 39. Quebec’s Traffic Management Market – Revenue and Forecast to 2030 (US$ Million)
Figure 40. Rest of Canada Traffic Management Market – Revenue and Forecast to 2030 (US$ Million)
Figure 41. Company Positioning & Concentration
The List of Companies – North America Traffic Management Market
o Axis Communications AB
o Cisco Systems Inc
o Cubic Corp
o Dahua Technology Co., Ltd.
o International Business Machines Corp
o Hangzhou Hikvision Digital Technology Co Ltd
o SGS SA
o Siemens AG
o Teledyne FLIR LLC
o Snc-Lavalin Group Inc
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