Real-Time Traffic Information Systems Market by Type (Software, Hardware, Services), Application (Urban Traffic, Inter-Urban, Info-Mobility, Public Transport, Freeway), Region, Global Industry Analysis, Market Size, Share, Growth, Trends, and Forecast 2020 to 2027
Published On: February 2020
 
Report ID:411521
 
Category: Technology
 
Pages: 180




The global real-time traffic information systems market is expected to grow from USD 4.84 billion in 2019 to USD 18.18 billion by 2027, at a CAGR of 17.27% during the forecast period from 2020 to 2027. With increasing traffic congestion causing delays and jam on the road, thus, reliable traffic information is key all over the world to reduce traffic jams. Users can save time and money by planning their trips, with the help of real-time traffic data, at the best time of the day or by taking an alternative route. This scenario is anticipated to drive the growth of the market. High demographic growth and hyper urbanization in developing countries, and government initiatives for traffic management under smart cities models are some of the driving factors for this market. However, the high investment required for the initial deployment is very high, which could hamper the market growth over the forecast period.

The study delivers a comprehensive analysis of type, application, and region. The type segment includes software, hardware, and services. The hardware segment accounted for the major market share of 46.61% in 2019, owing to increasing deployment of various equipment for the real time traffic management system. By application, market is segmented into urban traffic, inter-urban, info-mobility, public transport, and freeway. Urban traffic segment accounted for the major market share and valued at USD 1.3 billion in 2019. This is mainly attributed to the increasing traffic conditions and rising traffics in the urban area across the globe, which results into rising demand for the real-time traffic information systems. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. North America held the largest market share of 35.85% in 2019, owing to early adoption and deployment of real-time traffic information systems in the countries such as U.S. and Canada.

Key players in the real-time traffic information systems market are Nippon Signal Co.,Ltd., Toshiba Electrical Power System, EFKON GmbH, TomTom International BV, Iteris, Inc., Siemens AG, Kapsch Trafficcom, and Transcore Inc. among others. Developing and developed countries are offering greater opportunities and major players are continuously focused on new developments, strategic partnerships, acquisitions and venture capital investments to obtain high growth in the market. In January 2020, Iteris, Inc. announced that it has launched a new mobile application that streams real-time video and data from intersections equipped with Iteris video detection systems for advanced real-time traffic management.

This study forecasts revenue growth at global, regional, and country levels from 2013 to 2027. Fior Markets has segmented on the basis of below-mentioned segments:

  • Global Real-Time Traffic Information Systems Market Analysis And Forecast, By Type
    • Software
    • Hardware
    • Services
  • Global Real-Time Traffic Information Systems Market Analysis And Forecast, By Applications
    • Urban Traffic
    • Inter-Urban
    • Info-Mobility
    • Public Transport
    • Freeway
  • Global Real-Time Traffic Information Systems Market Analysis And Forecast, By Regional Analysis
    • North America
      • U.S.
      • Canada
      • Mexico
    • Europe
      • Germany
      • France
      • Sweden
      • Netherland
      • U.K.
      • Italy
      • Spain
      • Turkey
      • Switzerland
      • Belgium
      • Rest Of Europe
    • Asia-Pacific
      • Japan
      • China
      • India
      • South Korea
      • Australia
      • Singapore
      • Malaysia
      • Thailand
      • Indonesia
      • Philippines
      • Rest Of APAC
    • South America
      • Brazil
      • Argentina
      • Peru
      • Colombia
      • Rest Of South America
    • Middle East And Africa
      •  UAE
      •  Saudi Arabia
      •  Egypt
      •  Nigeria
      •  South Africa
      • Rest Of MEA

Chapter 1 Introduction 15
    1.1 Research Methodology 15
    1.2 FMR desk research 16
          1.2.1 FMR data synthesis 17
          1.2.2 Data validation and market feedback 17
          1.2.3 FMR data sources 18
 

Chapter 2 Global Real-time Traffic Information Systems Market Overview 20
    2.1 Product Overview and Scope of Real-time Traffic Information Systems 20
    2.2 Market Status and Outlook 22
          2.2.1 Global Real-time Traffic Information Systems Market Size and Analysis by Regions (2013-2018) 23
          2.2.2 North America Real-time Traffic Information Systems Market Status and Outlook 25
          2.2.3 Europe Real-time Traffic Information Systems Market Status and Outlook 26
          2.2.4 Asia Pacific Real-time Traffic Information Systems Market Status and Outlook 27
          2.2.5 South America Real-time Traffic Information Systems Market Status and Outlook 28
          2.2.6 Middle East and Africa Real-time Traffic Information Systems Market Status and Outlook 29
    2.3 Classification of Real-time Traffic Information Systems by Product 30
          2.3.1 Global Real-time Traffic Information Systems Revenue (Million USD) and Growth (%) Comparison by Product (2013-2027) 30
          2.3.2 Global Real-time Traffic Information Systems Revenue (Million USD) Market Share (%) by Product in 2017 32
          2.3.3 Software 33
          2.3.4 Hardware 34
          2.3.5 Services 35
    2.4 Real-time Traffic Information Systems Market by End Users/Application 36
          2.4.1 Urban Traffic 38
          2.4.2 Inter-Urban 39
          2.4.3 Info-mobility 40
          2.4.4 Public Transport 41
          2.4.5 Freeway 42
 

Chapter 3 Global Real-time Traffic Information Systems Market Competition by Manufacturers 43
    3.1 Global Real-time Traffic Information Systems Market Size (Million USD) by Players (2013-2018) 43
    3.2 Competitive Status and Trend 47
    3.3 The Technology Trends in Future 48
 

Chapter 4 Company (Top Players) Profiles and Key Data 49
    4.1 Nippon Signal 49
          4.1.1 Company Profile 49
          4.1.2 Main Business/Business Overvie 51
          4.1.3 Real-time Traffic Information Systems Type and Applications 52
          4.1.4 Nippon Signal Co., Ltd Real-time Traffic Information Systems Revenue (Million USD) (2013-2018) 53
          4.1.5 Recent Development 56
    4.2 Toshiba 57
          4.2.1 Company Profile 57
          4.2.2 Main Business/Business Overview 59
          4.2.3 Real-time Traffic Information Systems Type and Applications 60
          4.2.4 Toshiba Electrical Power System Real-time Traffic Information Systems Revenue (Million USD) (2013-2018) 61
          4.2.5 Recent Development 64
    4.3 Efkon AG 65
          4.3.1 Company Profile 65
          4.3.2 Main Business/Business Overview 67
          4.3.3 Real-time Traffic Information Systems Type and Applications 68
          4.3.4 EFKON GmbH Real-time Traffic Information Systems Revenue (Million USD) (2013-2018) 70
          4.3.5 Recent Development 73
    4.4 TomTom International B.V. 74
          4.4.1 Company Profile 74
          4.4.2 Main Business/Business Overview 76
          4.4.3 Real-time Traffic Information Systems Type and Applications 77
          4.4.4 TomTom International BV Real-time Traffic Information Systems Revenue (Million USD) (2013-2018) 79
          4.4.5 Recent Development 82
    4.5 Iteris 83
          4.5.1 Company Profile 83
          4.5.2 Main Business/Business Overview 85
          4.5.3 Real-time Traffic Information Systems Type and Applications 86
          4.5.4 Iteris, Inc. Real-time Traffic Information Systems Revenue (Million USD) (2013-2018) 87
          4.5.5 Recent Development 90
    4.6 Lanner 91
          4.6.1 Company Profile 91
          4.6.2 Main Business/Business Overview 93
          4.6.3 Real-time Traffic Information Systems Type and Applications 94
          4.6.4 Recent Development 95
    4.7 Siemens AG 96
          4.7.1 Company Profile 96
          4.7.2 Main Business/Business Overview 98
          4.7.3 Real-time Traffic Information Systems Type and Applications 99
          4.7.4 Siemens AG Real-time Traffic Information Systems Revenue (Million USD) (2013-2018) 101
          4.7.5 Recent Development 104
    4.8 Atkins 105
          4.8.1 Company Profile 105
          4.8.2 Main Business/Business Overview 106
          4.8.3 Real-time Traffic Information Systems Type and Applications 107
    4.9 Kapsch Trafficcom 110
          4.9.1 Company Profile 110
          4.9.2 Main Business/Business Overview 112
          4.9.3 Real-time Traffic Information Systems Type and Applications 113
          4.9.4 Kapsch Trafficcom Real-time Traffic Information Systems Revenue (Million USD) (2013-2018) 116
          4.9.5 Recent Development 119
    4.10 Transcore 120
          4.10.1 Company Profile 120
          4.10.2 Main Business/Business Overvie 121
          4.10.3 Real-time Traffic Information Systems Type and Applications 122
          4.10.4 Transcore Inc Real-time Traffic Information Systems Revenue (Million USD) (2013-2018) 123
          4.10.5 Recent Development 126
 

Chapter 5 Global Real-time Traffic Information Systems Market Size by Product and Application (2013-2018) 127
    5.1 Global Real-time Traffic Information Systems Market Size by Product (2013-2018) 127
    5.2 Global Real-time Traffic Information Systems Market Size by Application (2013-2018) 130
 

Chapter 6 North America Real-time Traffic Information Systems Development Status and Outlook 133
    6.1 North America Real-time Traffic Information Systems Market Size (2013-2018) 133
    6.2 North America Real-time Traffic Information Systems Market Size and Market Share by Players (2013-2018) 134
    6.3 North America Real-time Traffic Information Systems Market Size by Application (2013-2018) 136
 

Chapter 7 Europe Real-time Traffic Information Systems Development Status and Outlook 139
    7.1 Europe Real-time Traffic Information Systems Market Size (2013-2018) 139
    7.2 Europe Real-time Traffic Information Systems Market Size and Market Share by Players (2013-2018) 140
    7.3 Europe Real-time Traffic Information Systems Market Size by Application (2013-2018) 142
 

Chapter 8 Asia Pacific Real-time Traffic Information Systems Development Status and Outlook 145
    8.1 Asia Pacific Real-time Traffic Information Systems Market Size (2013-2018) 145
    8.2 Asia Pacific Real-time Traffic Information Systems Market Size and Market Share by Players (2013-2018) 146
    8.3 Asia Pacific Real-time Traffic Information Systems Market Size by Application (2013-2018) 148
 

Chapter 9 South America Real-time Traffic Information Systems Development Status and Outlook 151
    9.1 South America Real-time Traffic Information Systems Market Size (2013-2018) 151
    9.2 South America Real-time Traffic Information Systems Market Size and Market Share by Players (2013-2018) 152
    9.3 South America Real-time Traffic Information Systems Market Size by Application (2013-2018) 154
 

Chapter 10 Middle East and Africa Real-time Traffic Information Systems Development Status and Outlook 157
    10.1 Middle East and Africa Real-time Traffic Information Systems Market Size (2013-2018) 157
    10.2 Middle East and Africa Real-time Traffic Information Systems Market Size and Market Share by Players (2013-2018) 158
    10.3 Middle East and Africa Real-time Traffic Information Systems Market Size by Application (2013-2018) 160
 

Chapter 11 Market Forecast by Regions, Product and Application (2018-2027) 163
    11.1 Global Real-time Traffic Information Systems Market Size(Million USD) by Regions (2018-2027 164
    11.2 North America Real-time Traffic Information Systems Revenue and Growth Rate (2018-2027) 167
    11.3 Europe Real-time Traffic Information Systems Revenue and Growth Rate (2018-2027) 168
    11.4 Asia Pacific Real-time Traffic Information Systems Revenue and Growth Rate (2018-2027) 169
    11.5 South America Real-time Traffic Information Systems Revenue and Growth Rate (2018-2027) 170
    11.6 Middle East and Africa Real-time Traffic Information Systems Revenue and Growth Rate (2018-2027) 171
    11.7 Global Real-time Traffic Information Systems Market Size by Application (2018-2027) 172
    11.8 Global Real-time Traffic Information Systems Market Size by Product (2018-2027) 175
 

Chapter 12 Real-time Traffic Information Systems Market Dynamics 178
    12.1 Real-time Traffic Information Systems Market Opportunities 178
    12.2 Real-time Traffic Information Systems Market Driving Force 179
 

Chapter 13 Research Findings and Conclusion 180




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