Traffic Management Market Trends, Top Company Analysis, Regional Trends, Competitive Landscape
Jakson25812 Jun, 2025Technology
The traffic management market is projected to expand at a compound annual growth rate (CAGR) of 11.7% from USD 43.53 billion in 2024 to USD 75.74 billion by 2029. Transport-related emissions are decreased via the operation of traffic management systems with adaptive signals and intelligent parking systems. Carpooling and the use of electric vehicles are two ways that urban regions are fostering sustainable transportation systems that collaborate with Intelligent Transportation Systems (ITS) to lessen their impact on the environment.
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