The global traffic management market is expected to grow at a CAGR of nearly 11.5% during the forecast period (2021-2027). The major factors driving the growth of the global traffic management market include the increasing number of vehicles and road traffic injuries globally. According the World Health Organization (WHO), around 1.3 million individuals die every […]
Tag Archives: Traffic Management Market
The Traffic Management Market size is expected to grow at an annual average of 10% during 2021-2027. Traffic management is defined as a notable point within logistics that includes the purchase of control services, traffic planning and control services, and transport services. Accident cases have increased significantly in recent years, and the traffic management market […]
The Global Traffic Management Market size to grow from USD 35.3 Billion in 2021 to USD 61.9 Billion by 2027, at a Compound Annual Growth Rate (CAGR) of 11% during the forecast period 2021-2027. Traffic management is defined as a notable point within logistics that includes the purchase of control services, traffic planning and control […]
The demand of traffic management will be drastically increase in the future, because rapid demographic expansion and wide spread urban expansion in most of the developing countries and favorable initiatives by the governments around the world to manage traffic are the factors that are favoring the market growth. Traffic Management market size is projected to […]
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