New Software market report from Markets and Markets: "Traffic Management Market - Global Advancements, Projects, Worldwide Forecast & Analysis (2014 - 2019)"

Boston, MA -- (SBWire) -- 08/13/2014 --Traffic Management Market by Solutions, Displays & Systems (Full Pedestrian, Parking Space and Toll Management, Above Ground Pedestrian and Vehicle Detection) - Global Advancements, Projects, Worldwide Forecast & Analysis (2014 - 2019)

Traditional traffic management is converting into intelligent traffic management where digital infrastructure is overlaid to interconnect and 'plug in' the downfalls that the physical infrastructure cannot escape. Traffic Management report consists of the opportunity study of technology adoption across all solution and services market. The report focuses on estimating and forecasting the market potential of the major sub-segments of traffic, extra low voltage, active traffic management, intelligent traffic management, innovative traffic solution, journey time management system and many more. The report also discuss about the projects undertaken to curb the congestion and traffic problems. There will be huge expansion and growth in the market due to traffic related projects mainly undertaken by government.

The Traffic Management market is also segmented based on regions such as North America, Latin America, Western Europe, Commonwealth of Independent States (CIS) + Eastern Europe, Asia-Pacific (APAC), and Middle East and Africa (MEA). The market forecasts are provided for each region from 2014 to 2019. The Traffic Management market report profiles leading companies such as Accenture, Affiliated Computer Services Inc, Alstom SA, Cisco Systems Inc, Cubic, ESRI, GE Transportation, IBM, Indra, Ineo, Kapsch, LG CNS, Schneider Electric, Siemens, and Thales.

The market of Traffic Management market in 2014 is estimated to be $3.56 billion. This market is expected to reach $16.89 billion by 2019, at a CAGR of 36.5% between 2014 and 2019.

There are various assumptions that we have taken into consideration for market sizing and forecasting exercise. A few of the global assumptions include political, economic, social, technological, and economic factors. For instance, exchange rates, one of the economic factors, are expected to have a moderate impact on this market. Therefore, dollar fluctuations are not expected to seriously affect the forecasts in the emerging Asia Pacific (APAC) regions.

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The report will help the market leaders/new entrants in this market in the following ways:

- The report segments the market into solutions, and services covering this market comprehensively. It provides the closest approximations of the revenue numbers for the overall market and the sub-segments. The market numbers are further split across the regions
- The report will help them better understand the competitor and gain more insights to better position their business. There is a separate section on competitive landscape, including competitor ecosystem, mergers and acquisition, and venture capital funding. Besides, there are company profiles of 10 top players in this market. In this section, market scenarios are provided that can put them ahead of the competitors
- The report helps them understand the pulse of the market. It provides information on key market drivers, restraints, challenges, and opportunities

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