Houston, TX -- (SBWIRE) -- 05/22/2018 -- Global North America Intelligent Traffic Management System (ITMS) Market offers an in-depth analysis of this market across the globe. The study, aimed at providing current and prospect players in this market sharp insights to gain the advantage over their competitors. The report does so by providing an executive summary including all valuable market figures and exploring the favorable factors that are expected to drive the growth rate of the market, besides taking account of the restraining factors. The report also highlights the emerging trends in the global market.

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North America Intelligent Traffic Management System (ITMS) Market Worth +$10 Billion By 2024 | CAGR +12 %

ITMS is used for collecting, processing, analyzing, summarizing, and disseminating traffic data. Traffic monitoring systems include both software and hardware devices such as video surveillance systems, closed circuit televisions, loop detector systems, radar sensors, video detection software systems, and communication systems., viz. the Middle East and Africa, South America, Asia Pacific, Europe, and North America. Each of these regions discussed by the authors has been deeply studied in view of its market share in different countries apart from growth, sales, and revenue for the review period 2018–2023.

Some of the leading players functional in the global market: Siemens AG; Cubic Corporation; Kapsch TrafficCom AG; Q-Free ASA; TransCore, LP; and Iteris, Inc.

Market is escalating rapidly, owing to rising digitization and continuous advancements in the field of cognitive science and computer science that are shaping the way for a new technology. Be that as it may, the cost acquired in making the products is more and the unmistakable degree of profitability is low, in this way representing a major restraining factor for the market's development

Report additionally features the development trends in the worldwide North America Intelligent Traffic Management System (ITMS) market. Factors, for instance, new project speculations, the achievability of new tasks, import, export, supply, and sale cost are in like manner studied in the report. The consumption value and consumption volume of the market are researched on the basis of application, type, and region

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Describing the competitive hierarchy in the global North America Intelligent Traffic Management System (ITMS) market, the report profiles some of the key players operating in the market. Perceptive information about the significant players including their revenue, product portfolio, business segmentation, and financial overview has been included in the report. Recent developments in the industry have been taken into consideration while projecting the future outlook of the market. The report additionally defines the various marketing channels prevailing in the global North America Intelligent Traffic Management System (ITMS) market and delivers information about some of the imperative distributors operating in the market. The report serves as a helpful guide for the new as well as existing players in the market.

Table of Content:
Chapter 1 North America Intelligent Traffic Management System (ITMS) Market Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Market Competition by Manufacturers
Chapter 4 Global Production, Revenue (Value) by Region
Chapter 5 Global Supply (Production), Consumption, Export, Import by Regions
Chapter 6 Global Production, Revenue (Value), Price Trend by Type
Chapter 7 Global Market Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis