““Rapid urbanization, population explosion, and demand for real-time information are some of the factors expected to drive the growth of the traffic management system market”
MarketsandMarkets expects the global traffic management system market to grow from USD 4.12 billion in 2015 to USD 17.64 billion by 2020, at a Compound Annual Growth Rate (CAGR) of 33.8% during the forecast period. Increasing environmental concerns, rapid urbanization and population explosion, and demand for real-time information are the main drivers driving the growth of the traffic management system market.
“Parking space & toll management solutions is expected to gain maximum traction during the forecast period”
In 2015, parking space & toll management accounts for the largest market share in the traffic management system market, by solution during the forecast period. Increasing population along with rapid proliferation of the number of vehicles due to urbanization, have resulted in parking space issues along with the need to manage the toll services. Moreover, narrow roads and sparse land space has added more to the problem of parking. This has generated the demand for parking management solutions to manage parking and curb traffic congestion. Toll management has also become a necessary aspect of traffic management as this helps in centralized toll payment, cashless toll payment, reducing toll submitting time, and faster payment processing.
“Asa-Pacific is witnessing the highest growth rate during the forecast period”
North America has captured the largest market share in 2015 and Asia-Pacific is the fastest growing region in terms of CAGR. Increasing population has led to a rapid increase in the number of vehicles in Asia-Pacific. This eventually leads to traffic management issues such as traffic congestion, parking problems, and accidents. These issues have led the countries in this region to embrace various traffic management solutions that will lead to more development during the forecast period. Increasing cloud adoption and traffic issues are driving the traffic management system market in North America.
In the process of determining and verifying the market size for several segments and subsegments gathered through secondary research, extensive primary interviews were conducted with key people. The break-up of profiles of primary participants is given below as:
• By Company Type: Tier 1 – 50%, Tier 2 – 25% and Tier 3 – 25%
• By Designation: C level – 75%, Director level – 24%, Others – 1%
• By Region: North America – 50%, Europe – 25%, APAC – 25%
The latest trends in the traffic management market include real-time traffic management, remote monitoring system, data management, and Software as a Service (SaaS) based solutions and Internet of Things. Rapid urbanization and the emerging concept of smart cities and smart traffic have further boosted the demand for SaaS-based solutions in the traffic management system market. Asia-Pacific is also gaining high market traction due to the improving economic condition and increasing cloud adoption in the region.
The various key traffic management vendors and service providers profiled in the report are as follows:
1. IBM Corporation
2. Cisco Systems Inc.
3. GE Transportation
4. Siemens AG
5. LG CNS
6. Alstom SA
7. Cubic Corporation
8. Kapsch TraffiCom
9. Cellint Traffic Solution
10. Kapsch AG
The report will help the market leaders or new entrants in this market in the following ways:
1. This report segments the market into various sub-segments covering this market comprehensively. The report provides the closest approximations of the revenue numbers for the overall market and the sub-segments. The market numbers are further split across the different regions.
2. This report will help in the better understanding of the competitors and gain more insights to better one’s position in business. There is a separate section on competitive landscape, which includes competitor ecosystem, mergers and acquisitions, integrations and expansions and collaborations of various market vendors. Besides, there are company profiles of ten players in this market. In this section, market internals are provided that can put one ahead of the competitors.
3. The report also helps in understanding the overall growth of the market. It provides information on key market drivers, restraints, challenges, and opportunities.
”
“TABLE OF CONTENTS
1 INTRODUCTION 14
1.1 OBJECTIVES OF THE STUDY 14
1.2 MARKET DEFINITION 14
1.3 MARKET SCOPE 15
1.3.1 MARKETS COVERED 15
1.3.2 YEARS CONSIDERED FOR THE STUDY 16
1.4 CURRENCY 16
1.5 LIMITATIONS 17
1.6 STAKEHOLDERS 17
2 RESEARCH METHODOLOGY 18
2.1 RESEARCH DATA 18
2.1.1 SECONDARY DATA 19
2.1.1.1 Key data from secondary sources 19
2.1.2 PRIMARY DATA 19
2.1.2.1 Key data from primary sources 20
2.1.2.2 Key industry insights 21
2.1.2.3 Breakdown of primary interviews 21
2.2 MARKET SIZE ESTIMATION 22
2.2.1 BOTTOM-UP APPROACH 22
2.2.2 TOP-DOWN APPROACH 23
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION 23
2.4 ASSUMPTIONS 25
3 EXECUTIVE SUMMARY 26
4 PREMIUM INSIGHTS 30
4.1 ATTRACTIVE MARKET OPPORTUNITIES IN THE TRAFFIC MANAGEMENT MARKET 30
4.2 TRAFFIC MANAGEMENT MARKET, BY SOLUTION AND DETECTION 31
4.3 TRAFFIC MANAGEMENT MARKET, BY SOLUTION 31
4.4 TRAFFIC MANAGEMENT DISPLAY MARKET 32
4.5 LIFE CYCLE ANALYSIS, BY REGION 2015 32
5 TRAFFIC MANAGEMENT: PROJECTS 34
5.1 AMSTERDAM SMART CITY 34
5.2 SMART CITY KOCHI, INDIA 34
5.3 SMART PARKING PROJECT—MONTREAL, CANADA 34
5.4 ELIZABETH RIVER TUNNELS PROJECT—U.S. 34
5.5 ROHTANG TUNNEL AT LAHAUL—SPITI VALLEY, INDIA 34
5.6 VILNIUS TRAFFIC MANAGEMENT SYSTEM—LITHUANIA 35
5.7 JOHNSON COUNTY GATEWAY INTERCHANGE PROJECT—KANSAS, U.S. 35
5.8 LUSAIL EXPRESSWAY—QATAR 35
5.9 INUVIK TO TUKTOYAKTUK HIGHWAY PROJECT—CANADA 35
6 MARKET OVERVIEW 36
6.1 MARKET SEGMENTATION 37
6.1.1 BY SYSTEM 37
6.1.2 BY TYPE 38
6.1.3 BY REGION 38
6.2 MARKET DYNAMICS 39
6.2.1 DRIVERS 39
6.2.1.1 Environmental concerns (reducing greenhouse emission) 39
6.2.1.2 Rapid urbanization and population explosion 40
6.2.1.3 Demand for real-time information 40
6.2.2 RESTRAINTS 40
6.2.2.1 Lack of funding and capital expenditure 40
6.2.2.2 Transformation downtime 41
6.2.3 OPPORTUNITIES 41
6.2.3.1 Increasing concept of smart cities and smart transportation projects 41
6.2.3.2 Analytical solutions 41
6.2.3.3 Penetration of SaaS-based solutions and adoption of IoT 42
6.2.4 CHALLENGES 42
6.2.4.1 Reshaping legacy infrastructure into smart traffic solutions 42
6.2.4.2 High security risk 43
6.2.5 TECHNICAL CHALLENGES 43
6.2.5.1 Technology selection 43
6.2.5.2 Data dependency and integration 44
6.2.5.3 Interoperability within legacy system and modern transportation 44
7 INDUSTRY TRENDS 45
7.1 INTRODUCTION 45
7.2 PORTER’S FIVE FORCES ANALYSIS 45
7.2.1 THREAT OF NEW ENTRANTS 47
7.2.2 THREAT OF SUBSTITUTES 47
7.2.3 BARGAINING POWER OF SUPPLIERS 48
7.2.4 BARGAINING POWER OF BUYERS 48
7.2.5 INTENSITY OF COMPETITIVE RIVALRY 48
7.3 STRATEGIC BENCHMARKING 49
7.4 ARCHITECTURE AND CONNECTIVITY ELEMENT 50
8 TRAFFIC MANAGEMENT SYSTEM MARKET ANALYSIS, BY SYSTEM TYPE 52
8.1 INTRODUCTION 53
8.2 URBAN TRAFFIC MANAGEMENT AND CONTROL (UTMC) SYSTEM 54
8.3 ADAPTIVE TRAFFIC CONTROL SYSTEM (ATCS) 55
8.4 JOURNEY TIME MEASUREMENT SYSTEM (JTMS) 56
8.5 PREDICTIVE TRAFFIC MODELING SYSTEM (PTMS) 57
8.6 INCIDENT DETECTION AND LOCATION SYSTEM (IDLS) 58
8.7 ROUTE GUIDANCE SYSTEM 58
8.8 DYNAMIC TRAFFIC MANAGEMENT SYSTEM (DTMS) 60
8.9 INTERMODAL TRANSPORTATION PLANNING SYSTEM (ITPS) 61
8.10 TRAFFIC MANAGEMENT TRAINING SYSTEM (TMTS) 62
8.11 MAINTENANCE TRACKING SYSTEM (MTS) 63
8.12 TRAFFIC DATA MANAGEMENT SYSTEM (TDMS) 64
8.13 OTHERS 65
9 TRAFFIC MANAGEMENT SYSTEM MARKET ANALYSIS, BY ROAD TRAFFIC MANAGEMENT TYPE 66
9.1 INTRODUCTION 67
9.2 SOLUTIONS 68
9.2.1 EXTRA LOW VOLTAGE (ELV) SOLUTIONS 70
9.2.1.1 Intersection controllers 70
9.2.1.2 Full pedestrian solutions 71
9.2.1.3 LED signals and retrofit solutions 72
9.2.1.4 Parking space and toll management solutions 73
9.3 DETECTION 74
9.3.1 ABOVE-GROUND PEDESTRIAN AND VEHICLE DETECTION (AGPVD) 75
9.3.2 LOOP DETECTION 77
9.3.3 CCTV AND ANPR CAPABILITIES 78
9.4 DISPLAY 79
9.4.1 VARIABLE MESSAGE SIGN 80
9.4.2 VEHICLE INFORMATION TERMINAL 81
9.4.3 OTHERS 82
10 GEOGRAPHIC ANALYSIS 84
10.1 INTRODUCTION 85
10.2 NORTH AMERICA 87
10.3 WESTERN EUROPE 92
10.4 EASTERN EUROPE + CIS 95
10.5 ASIA-PACIFIC 98
10.6 LATIN AMERICA 103
10.7 MIDDLE EAST AND AFRICA 106
11 COMPETITIVE LANDSCAPE 109
11.1 OVERVIEW 109
11.2 COMPETITIVE SITUATION AND TRENDS 110
11.2.1 NEW PRODUCT LAUNCHES 111
11.2.2 ACQUISITIONS 112
11.2.3 PARTNERSHIPS AND AGREEMENTS 113
11.2.4 JOINT VENTURES AND EXPANSIONS 114
12 COMPANY PROFILE 115
(Business Overview, Products & Services, Key Insights, Recent Developments, SWOT Analysis, MnM View)*
12.2 ACCENTURE PLC 116
12.3 KAPSCH AG 119
12.4 SIEMENS AG 122
12.5 ALSTOM HOLDING SA 126
12.6 CISCO SYSTEM, INC. 129
12.7 CUBIC CORPORATION 132
12.8 GE TRANSPORTATION 134
12.9 IBM CORPORATION 136
12.10 CELLINT 138
12.11 LG CNS 140
*Details on Business Overview, Products & Services, Key Insights, Recent Developments, SWOT Analysis, MnM View might not be captured in case of unlisted companies.
13 APPENDIX 142
13.1 INDUSTRY EXCERPTS 142
13.2 DISCUSSION GUIDE 143
13.3 INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE 147
13.4 RELATED REPORTS 149
“
“LIST OF TABLES
TABLE 1 TRAFFIC MANAGEMENT MARKET SIZE AND GROWTH,
2013–2020 (USD MILLION, Y-O-Y %) 27
TABLE 2 TRAFFIC MANAGEMENT MARKET: SUMMARY OF DRIVERS 40
TABLE 3 TRAFFIC MANAGEMENT MARKET: SUMMARY OF RESTRAINTS 41
TABLE 4 TRAFFIC MANAGEMENT MARKET: SUMMARY OF OPPORTUNITIES 42
TABLE 5 TRAFFIC MANAGEMENT MARKET: SUMMARY OF CHALLENGES 43
TABLE 6 TRAFFIC MANAGEMENT MARKET SIZE, BY TYPE, 2013–2020 (USD MILLION) 54
TABLE 7 UTMC SYSTEM: TRAFFIC MANAGEMENT MARKET SIZE, BY REGION,
2013–2020 (USD MILLION) 55
TABLE 8 ATCS: TRAFFIC MANAGEMENT MARKET SIZE, BY REGION,
2013–2020 (USD MILLION) 56
TABLE 9 JTMS: TRAFFIC MANAGEMENT MARKET SIZE, BY REGION,
2013–2020 (USD MILLION) 57
TABLE 10 PTMS: TRAFFIC MANAGEMENT MARKET SIZE, BY REGION,
2013–2020 (USD MILLION) 57
TABLE 11 IDLS: TRAFFIC MANAGEMENT MARKET SIZE, BY REGION,
2013–2020 (USD MILLION) 58
TABLE 12 ROUTE GUIDANCE SYSTEM: TRAFFIC MANAGEMENT MARKET SIZE, BY REGION, 2013–2020 (USD MILLION) 59
TABLE 13 DTMS: TRAFFIC MANAGEMENT MARKET SIZE, BY REGION,
2013–2020 (USD MILLION) 60
TABLE 14 ITPS: TRAFFIC MANAGEMENT MARKET SIZE, BY REGION,
2013–2020 (USD MILLION) 62
TABLE 15 TMTS: TRAFFIC MANAGEMENT MARKET SIZE, BY REGION,
2013–2020 (USD MILLION) 62
TABLE 16 MTS: TRAFFIC MANAGEMENT MARKET SIZE, BY REGION,
2013–2020 (USD MILLION) 63
TABLE 17 TDMS: TRAFFIC MANAGEMENT MARKET SIZE, BY REGION,
2013–2020 (USD MILLION) 64
TABLE 18 OTHERS: TRAFFIC MANAGEMENT MARKET SIZE, BY REGION,
2013–2020 (USD MILLION) 65
TABLE 19 ROAD TRAFFIC MANAGEMENT: TRAFFIC MANAGEMENT MARKET SIZE,
BY TYPE, 2013–2020 (USD MILLION) 68
TABLE 20 ROAD TRAFFIC MANAGEMENT: TRAFFIC MANAGEMENT MARKET SIZE,
BY SOLUTION, 2013–2020 (USD MILLION) 69
TABLE 21 ELV SOLUTIONS: TRAFFIC MANAGEMENT MARKET SIZE, BY REGION,
2013–2020 (USD MILLION) 70
TABLE 22 INTERSECTION CONTROLLERS: TRAFFIC MANAGEMENT MARKET SIZE, BY REGION, 2013–2020 (USD MILLION) 71
TABLE 23 FULL PEDESTRIAN SOLUTIONS: TRAFFIC MANAGEMENT MARKET SIZE, BY REGION, 2013–2020 (USD MILLION) 72
TABLE 24 LED SIGNALS AND RETROFIT SOLUTIONS: TRAFFIC MANAGEMENT MARKET SIZE, BY REGION, 2013–2020 (USD MILLION) 73
TABLE 25 PARKING SPACE AND TOLL MANAGEMENT SOLUTIONS: TRAFFIC MANAGEMENT MARKET SIZE, BY REGION, 2013–2020 (USD MILLION) 74
TABLE 26 DETECTION: TRAFFIC MANAGEMENT MARKET SIZE, BY TYPE,
2013–2020 (USD MILLION) 74
TABLE 27 AGPVD: TRAFFIC MANAGEMENT MARKET SIZE, BY REGION,
2013–2020 (USD MILLION) 76
TABLE 28 LOOP DETECTION: TRAFFIC MANAGEMENT MARKET SIZE, BY REGION,
2013–2020 (USD MILLION) 77
TABLE 29 CCTV AND ANPR CAPABILITIES: TRAFFIC MANAGEMENT MARKET SIZE, BY REGION, 2013–2020 (USD MILLION) 79
TABLE 30 DISPLAY: TRAFFIC MANAGEMENT MARKET SIZE, BY TYPE,
2013–2020 (USD MILLION) 80
TABLE 31 VARIABLE MESSAGE SIGN: TRAFFIC MANAGEMENT MARKET SIZE, BY REGION, 2013–2020 (USD MILLION) 80
TABLE 32 VEHICLE INFORMATION TERMINAL: TRAFFIC MANAGEMENT MARKET SIZE,
BY REGION, 2013–2020 (USD MILLION) 82
TABLE 33 OTHERS: TRAFFIC MANAGEMENT MARKET SIZE, BY REGION,
2013–2020 (USD MILLION) 83
TABLE 34 TRAFFIC MANAGEMENT MARKET SIZE, BY REGION, 2013–2020 (USD MILLION) 86
TABLE 35 NORTH AMERICA: TRAFFIC MANAGEMENT MARKET SIZE, BY TYPE,
2013–2020 (USD MILLION) 89
TABLE 36 NORTH AMERICA: ROAD TRAFFIC MANAGEMENT MARKET SIZE, BY TYPE,
2013–2020 (USD MILLION) 89
TABLE 37 NORTH AMERICA: ROAD TRAFFIC MANAGEMENT MARKET SIZE, BY SOLUTION, 2013–2020 (USD MILLION) 90
TABLE 38 NORTH AMERICA: ROAD TRAFFIC MANAGEMENT MARKET SIZE, BY DETECTION, 2013–2020 (USD MILLION) 90
TABLE 39 NORTH AMERICA: ROAD TRAFFIC MANAGEMENT MARKET SIZE, BY DISPLAY, 2013–2020 (USD MILLION) 91
TABLE 40 WESTERN EUROPE: TRAFFIC MANAGEMENT MARKET SIZE, BY TYPE,
2013–2020 (USD MILLION) 92
TABLE 41 WESTERN EUROPE: ROAD TRAFFIC MANAGEMENT MARKET SIZE, BY TYPE,
2013–2020 (USD MILLION) 93
TABLE 42 WESTERN EUROPE: ROAD TRAFFIC MANAGEMENT TYPE, BY SOLUTION,
2013–2020 (USD MILLION) 93
TABLE 43 WESTERN EUROPE: ROAD TRAFFIC MANAGEMENT MARKET SIZE, BY DETECTION, 2013–2020 (USD MILLION) 94
TABLE 44 WESTERN EUROPE: ROAD TRAFFIC MANAGEMENT MARKET SIZE, BY DISPLAY, 2013–2020 (USD MILLION) 94
TABLE 45 EASTERN EUROPE + CIS: TRAFFIC MANAGEMENT MARKET SIZE, BY TYPE,
2013–2020 (USD MILLION) 95
TABLE 46 EASTERN EUROPE + CIS: ROAD TRAFFIC MANAGEMENT MARKET SIZE, BY TYPE, 2013–2020 (USD MILLION) 96
TABLE 47 EASTERN EUROPE + CIS: ROAD TRAFFIC MANAGEMENT MARKET SIZE,
BY SOLUTION, 2013–2020 (USD MILLION) 96
TABLE 48 EASTERN EUROPE + CIS: ROAD TRAFFIC MANAGEMENT MARKET SIZE,
BY DETECTION, 2013–2020 (USD MILLION) 97
TABLE 49 EASTERN EUROPE + CIS: ROAD TRAFFIC MANAGEMENT MARKET SIZE, BY DISPLAY, 2013–2020 (USD MILLION) 97
TABLE 50 ASIA-PACIFIC: TRAFFIC MANAGEMENT MARKET SIZE, BY TYPE,
2013–2020 (USD MILLION) 100
TABLE 51 ASIA-PACIFIC: ROAD TRAFFIC MANAGEMENT MARKET SIZE, BY TYPE,
2013–2020 (USD MILLION) 100
TABLE 52 ASIA-PACIFIC: ROAD TRAFFIC MANAGEMENT MARKET SIZE, BY SOLUTION,
2013–2020 (USD MILLION) 101
TABLE 53 ASIA-PACIFIC: ROAD TRAFFIC MANAGEMENT MARKET SIZE, BY DETECTION,
2013–2020 (USD MILLION) 101
TABLE 54 ASIA-PACIFIC: ROAD TRAFFIC MANAGEMENT MARKET SIZE, BY DISPLAY,
2013–2020 (USD MILLION) 102
TABLE 55 LATIN AMERICA: TRAFFIC MANAGEMENT MARKET SIZE, BY TYPE,
2013–2020 (USD MILLION) 103
TABLE 56 LATIN AMERICA: ROAD TRAFFIC MANAGEMENT MARKET SIZE, BY TYPE,
2013–2020 (USD MILLION) 104
TABLE 57 LATIN AMERICA: ROAD TRAFFIC MANAGEMENT TYPE, BY SOLUTION,
2013–2020 (USD MILLION) 104
TABLE 58 LATIN AMERICA: ROAD TRAFFIC MANAGEMENT MARKET SIZE, BY DETECTION, 2013–2020 (USD MILLION) 105
TABLE 59 LATIN AMERICA: ROAD TRAFFIC MANAGEMENT MARKET SIZE, BY DISPLAY,
2013–2020 (USD MILLION) 105
TABLE 60 MIDDLE EAST AND AFRICA: TRAFFIC MANAGEMENT MARKET SIZE, BY TYPE,
2013–2020 (USD MILLION) 106
TABLE 61 MIDDLE EAST AND AFRICA: ROAD TRAFFIC MANAGEMENT MARKET SIZE,
BY TYPE, 2013–2020 (USD MILLION) 107
TABLE 62 MIDDLE EAST AND AFRICA: ROAD TRAFFIC MANAGEMENT TYPE, BY SOLUTION, 2013–2020 (USD MILLION) 107
TABLE 63 MIDDLE EAST AND AFRICA: ROAD TRAFFIC MANAGEMENT MARKET SIZE,
BY DETECTION, 2013–2020 (USD MILLION) 108
TABLE 64 MIDDLE EAST AND AFRICA: ROAD TRAFFIC MANAGEMENT MARKET SIZE,
BY DISPLAY, 2013–2020 (USD MILLION) 108
TABLE 65 NEW PRODUCT LAUNCHES, 2012–2015 111
TABLE 66 ACQUISITIONS, 2012 – 2015 112
TABLE 67 PARTNERSHIPS AND AGREEMENT, 2012–2015 113
TABLE 68 JOINT VENTURES AND EXPANSIONS, 2012–2015 114
“
“LIST OF FIGURES
FIGURE 1 TRAFFIC MANAGEMENT MARKET: RESEARCH DESIGN 18
FIGURE 2 BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION, AND REGION 21
FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH 22
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH 23
FIGURE 5 DATA TRIANGULATION 24
FIGURE 6 DETECTIONS MARKET IS EXPECTED TO GROW THE FASTEST DURING THE FORECAST PERIOD 27
FIGURE 7 TRAFFIC MANAGEMENT SOLUTION IS EXPECTED TO GROW THE FASTEST IN ASIA-PACIFIC 28
FIGURE 8 DYNAMIC TRAFFIC MANAGEMENT SYSTEM WOULD DOMINATE THE TRAFFIC MANAGEMENT MARKET DURING THE FORECAST PERIOD 28
FIGURE 9 NORTH AMERICA IS EXPECTED TO LEAD THE TRAFFIC MANAGEMENT MARKET
IN 2015 29
FIGURE 10 RAPID URBANIZATION AND INCREASING RATIO OF VEHICLE PER PERSON ARE THE FACTORS CONTRIBUTING TO THE GROWTH OF THE TRAFFIC MANAGEMENT MARKET 30
FIGURE 11 PARKING SPACE AND MANAGEMENT SOLUTION AND AGPVD DETECTION HOLD THE MAXIMUM MARKET SHARE IN 2015 31
FIGURE 12 PARKING SPACE AND TOLL MANAGEMENT SOLUTION IS EXPECTED TO GROW AT THE HIGHEST RATE IN THE TRAFFIC MANAGEMENT MARKET BY 2020 31
FIGURE 13 VARIABLE MESSAGE SIGN IS CONTRIBUTING TOWARD THE MAXIMUM SHARE IN THE DISPLAYS MARKET IN 2015 32
FIGURE 14 ASIA-PACIFIC IS EXPECTED TO WITNESS THE HIGHEST GROWTH BETWEEN 2015 AND 2020 32
FIGURE 15 TRAFFIC MANAGEMENT MARKET SEGMENTATION: BY SYSTEM 37
FIGURE 16 TRAFFIC MANAGEMENT MARKET SEGMENTATION: BY TYPE 38
FIGURE 17 TRAFFIC MANAGEMENT MARKET SEGMENTATION: BY REGION 38
FIGURE 18 TRAFFIC MANAGEMENT MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 39
FIGURE 19 PORTER’S FIVE FORCES ANALYSIS (2015) 46
FIGURE 20 TRAFFIC MANAGEMENT MARKET: STRATEGIC BENCHMARKING 49
FIGURE 21 ARCHITECTURE OF TRAFFIC MANAGEMENT MARKET 50
FIGURE 22 DEMAND VS. NEED: TRANSPORTATION, TRAFFIC, AND NETWORKS MANAGEMENT 51
FIGURE 23 DYNAMIC TRAFFIC MANAGEMENT SYSTEM IS EXPECTED TO DOMINATE THE MARKET THROUGHOUT THE FORECAST PERIOD 53
FIGURE 24 STRUCTURE OF JTMS 56
FIGURE 25 ROUTE GUIDANCE DETECTION SYSTEM 59
FIGURE 26 INTERMODAL TRANSPORTATION PLANNING SYSTEM 61
FIGURE 27 TRAFFIC MANAGEMENT DETECTION MARKET IS EXPECTED TO GROW AT THE HIGHEST CAGR FROM 2015 TO 2020 67
FIGURE 28 PARKING SPACE AND TOLL MANAGEMENT SOLUTIONS MARKET IS EXPECTED TO GROW THE FASTEST RATE DURING THE FORECAST PERIOD 69
FIGURE 29 LOOP DETECTION MARKET IS EXPECTED TO GROW THE FASTEST WITH A CAGR OF 44.5% DURING THE FORECAST PERIOD 75
FIGURE 30 VEHICLE DETECTION AT TRAFFIC SIGNAL 76
FIGURE 31 CCTV AND ANPR SYSTEM 78
FIGURE 32 VARIABLE MESSAGE SIGN IS CONTRIBUTING MAXIMUM TOWARD THE DISPLAY MARKET SIZE 79
FIGURE 33 WORKING OF VEHICLE INFORMATION TERMINAL 81
FIGURE 34 NORTH AMERICA IS EXPECTED TO MAINTAIN THE LARGEST MARKET SIZE FOR TRAFFIC MANAGEMENT DURING THE FORECAST PERIOD 85
FIGURE 35 ASIA-PACIFIC: ATTRACTIVE DESTINATION FOR THE TRAFFIC MANAGEMENT MARKET 86
FIGURE 36 REGIONAL SNAPSHOT: ASIA-PACIFIC IS EMERGING AS A NEW HOT SPOT FOR THE TRAFFIC MANAGEMENT MARKET 87
FIGURE 37 NORTH AMERICA: DEVELOPMENT OF HR ANALYTICS HAS OPENED NEW AVENUES FOR THE GROWTH OF THE TRAFFIC MANAGEMENT MARKET 88
FIGURE 38 ASIA-PACIFIC: COUNTRIES SUCH AS CHINA, JAPAN, AND AUSTRALIA ARE CONTRIBUTING THE MAXIMUM TOWARD MARKET GROWTH 99
FIGURE 39 COMPANIES ADOPTED NEW PRODUCT LAUNCHES AS THE KEY GROWTH STRATEGY IN THE LAST THREE YEARS 109
FIGURE 40 MARKET EVALUATION FRAMEWORK 110
FIGURE 41 BATTLE FOR MARKET SHARE: PARTNERSHIP AND AGREEMENT WAS THE KEY STRATEGY 110
FIGURE 42 GEOGRAPHIC REVENUE MIX OF THE TOP 5 MARKET PLAYERS 115
FIGURE 43 ACCENTURE PLC: COMPANY SNAPSHOT 116
FIGURE 44 ACCENTURE PLC: SWOT ANALYSIS 118
FIGURE 45 KAPSCH AG: COMPANY SNAPSHOT 119
FIGURE 46 KAPSCH AG: SWOT ANALYSIS 121
FIGURE 47 SIEMENS AG: COMPANY SNAPSHOT: 122
FIGURE 48 SIEMENS AG: SWOT ANALYSIS 125
FIGURE 49 ALSTOM HOLDING SA: COMPANY SNAPSHOT 126
FIGURE 50 ALSTOM: SWOT ANALYSIS 128
FIGURE 51 CISCO SYSTEM, INC.: COMPANY SNAPSHOT 129
FIGURE 52 CISCO SYSTEM, INC.: SWOT ANALYSIS 131
FIGURE 53 CUBIC CORPORATION: COMPANY SNAPSHOT 132
FIGURE 54 GE TRANSPORTATION: COMPANY SNAPSHOT 134
FIGURE 55 IBM CORPORATION: COMPANY SNAPSHOT 136
“
