The Global Traffic software Market was valued at USD XX million in 2016, and is expected to grow at a CAGR of 25.2% by 2025. The government initiatives for traffic management under smart cities models are some of the driving factors for this market.

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The developments in technologies, such as machine learning, Artificial Intelligence (AI), and predictive maintenance, to enhance fleet management and the increasing use of the real-time data collected from sensors and Global Positioning System (GPS) tracking devices are the key drivers for the market. Surveillance camera is an innovative and extremely useful video surveillance technology in traffic monitoring and control.

Finding jams and routing drivers to the jams, PNDs’ sensitivity to the environment and the quality of network connectivity are the challenges of the market.

Surveillance camera is anticipated to gain the highest traction in the traffic software market during the forecast period. Additional, the cameras record traffic patterns for future studies, observe and monitor traffic flow, and issue tickets in case anybody violates the rule.

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Traffic cameras are an extremely popular form of video surveillance. Surveillance cameras offer several advantages to the commuters. They provide valuable data of traffic and vehicles, which is maintained by the state departments of transportation.

Some of the key players operating in this market include

• Cisco Systems, Inc.
• Swarco AG
• Siemens AG
• International Business Machines Corporation
• Kapsch Trafficcom AG
• Q-Free ASA
• LG CNS Co. Ltd.
• Indra Sistemas, S.A.
• Metro Infrasys Private Limited
• Cubic Corporation

Key Benefits of the Report:

• Global, Regional, Country, End User, and Machine Types Market Size and Forecast from 2014-2025
• Detailed market dynamics, industry outlook with market specific PESTLE, Value Chain, Supply Chain, and SWOT Analysis to better understand the market and build strategies
• Identification of key companies that can influence this market on a global and regional scale
• Expert interviews and their insights on market shift, current and future outlook and factors impacting vendors short term and long term strategies
• Detailed insights on emerging regions, Machine Types & End User, and competitive landscape with qualitative and quantitative information and facts

Target Audience:
* Traffic software providers
* Traders, Importer and Exporter
* Raw material suppliers and distributors
* Research and consulting firms
* Government and research organizations
* Associations and industry bodies

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Research Methodology

The market is derived through extensive use of secondary, primary, in-house research followed by expert validation and third party perspective like analyst report of investment banks. The secondary research forms the base of our study where we conducted extensive data mining, referring to verified data sources such as white papers government and regulatory published materials, technical journals, trade magazines, and paid data sources.

For forecasting, regional demand & supply factor, investment, market dynamics including technical scenario, consumer behavior, and end use industry trends and dynamics , capacity production, spending were taken into consideration.

We have assigned weights to these parameters and quantified their market impacts using the weighted average analysis to derive the expected market growth rate.

The market estimates and forecasts have been verified through exhaustive primary research with the Key Industry Participants (KIPs) which typically include:

* Original Equipment Manufacturer,

* Component Supplier,

* Distributors,

* Government Body & Associations, and

* Research Institute

TABLE OF CONTENT

1 Executive Summary

2 Methodology And Market Scope

3 Traffic Software Market — Industry Outlook

4 Traffic Software Market System Type Outlook

5 Traffic Software Market Hardware Outlook

6 Traffic Software Market Regional Outlook

7 Competitive Landscape

End of the report

Disclaimer

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Tags: Traffic Software Market Analysis, Traffic Software Market Growth, Traffic Software Market Share, Traffic Software Market Size, Traffic Software Market Trend