Global Integrated Traffic Systems Market Research Report 2022

Market Analysis and Insights: Global Integrated Traffic Systems Market
An Integrated Traffic Systems (ITS) is an advanced application which, without embodying intelligence as such, aims to provide innovative services relating to different modes of transport and traffic management and enable users to be better informed and make safer, more coordinated, and 'smarter' use of transport networks.
The global Integrated Traffic Systems market size is projected to reach US$ 49820 million by 2028, from US$ 26480 million in 2021, at a CAGR of 9.3% during 2022-2028.
Fully considering the economic change by this health crisis, Traffic Monitoring System accounting for % of the Integrated Traffic Systems global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Urban Traffic segment is altered to an % CAGR throughout this forecast period.
China Integrated Traffic Systems market size is valued at US$ million in 2021, while the North America and Europe Integrated Traffic Systems are US$ million and US$ million, severally. The proportion of the North America is % in 2021, while China and Europe are % and respectively, and it is predicted that China proportion will reach % in 2028, trailing a CAGR of % through the analysis period 2022-2028. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR %, %, and % respectively for the next 6-year period. As for the Europe Integrated Traffic Systems landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period 2022-2028.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Integrated Traffic Systems market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Integrated Traffic Systems market in terms of revenue.
Overall, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Integrated Traffic Systems market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Integrated Traffic Systems market.
Global Integrated Traffic Systems Scope and Market Size
Integrated Traffic Systems market is segmented by players, region (country), by Type and by Application. Players, stakeholders, and other participants in the global Integrated Traffic Systems market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Traffic Monitoring System
Traffic Control System
Information Provision System
Segment by Application
Urban Traffic
Expressway
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
By Company
SWARCO
Siemens
Cisco
Sumitomo Electric
Kapsch Trafficcom
LG CNS
Cubic
Iteris
Jenoptik
FLIR
Q-Free
GTT
Atkins
Savari
Citilog
PTV Group
Intelvision Technologies
TransCore Atlantic LLC
EFKON