Traffic Management Market Growth Drivers, Opportunities, Trends & Statistics

Jakson25805 Feb, 2025Technology

The Traffic Management Market is expected to reach USD 75.74 billion by 2029 from USD 43.53 billion in 2024, at a CAGR of 11.7 % during 2024–2029, according to a new report by MarketsandMarkets™. Governments worldwide have strong visions of improving traffic management across cities and fulfilling future mobility demands. They are undertaking several initiatives to provide better infrastructures, enhance security and safety, and offer seamless traffic flow.