Traffic Management Market Estimated to Grow at CAGR of +21% – Report Studied by Software, Hardware, Service, System and Region - Competitive Analysis and Forecast to 2023
Traffic management systems offer real-time data and ability to analyze and respond immediately. Based on solutions, the traffic management market can be classified into five categories, namely extra low voltage (ELV) solutions, intersection controllers, full pedestrian solutions, LED signal retrofit solutions, and parking space and ticketing management solutions. Based on detection systems, the traffic management market can be segmented into three categories, namely above ground pedestrian and vehicles detection, loop detection and closed circuit televisions (CCTV), and automatic number plate...
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