Smart Traffic Management Systems Can Help Cities Analyze and Optimize Traffic Operations

New ARC Advisory Group research on Smart Traffic Management reveals smart traffic management systems can increase situational awareness, analyze traffic performance, and centralize traffic operations management.   They also can provide an overview of real-time traffic conditions in any location, which helps to alleviate congestion, improve traffic management, optimize road capacity, respond to incidents, and enhance the overall travel experience.  All functions assist in planning, executing, and integrating new management strategies in the smart city initiative.

“The emergence of IoT, rapid urbanization, high demand for optimized traffic solutions, public-private partnerships, increased government spending, multiple inter-modal capabilities, and a gradual shift toward environmentally sustainable transport are changing the travel experience for every citizen much faster than ever before,” according to Pranav Misal, Analyst at ARC Advisory Group and key author of ARC’s Smart Traffic Management Systems Global Market Research 2017-2022 report.

“In the world of connected devices, smart traffic management systems will transform the travel experience by enabling frictionless mobility and a sustainable lifestyle.  Everything will be optimized, from travel times, to arrival information, to payment methods, to intermodal transportation,” added Misal.

About the Smart Traffic Management Systems Research

Smart Traffic Management Market TrendsThis ARC research explores current market performance and related technology and business trends, identifies leading technology suppliers, and provides five-year global forecasts for the smart traffic management systems market.  This new research is based on ARC’s industry-leading market research database, extensive primary and secondary research, and proprietary economic modeling techniques.  The research includes competitive analysis, plus five-year market forecasts by system type, including urban traffic management and control systems, adaptive traffic control systems, journey time measurement systems, predictive traffic modeling systems, incident detection and location systems, and dynamic traffic management systems. Further study segmentations include hardware (digital signage, sensors for speed and vehicle detection, cameras, and others (controllers, network services), software (smart signaling, traffic analytics, and surveillance (video management and video analytics)), and services (consulting, deployment and cloud integration, and operations and maintenance).

This new research is available in a variety of formats to meet the specific research and budgetary requirements of a wide variety of organizations.  These include a:

  • Market Intelligence Workbook (Excel) – personalized spreadsheet includes the current base year market data and five-year market forecast.  This workbook enables licensed users to freely manipulate the data to make it easier to analyze the latest data for business intelligence and generate custom reports.
  • Concise Market Analysis Report (PDF) – provides an executive-level summary of the current market dynamics, market forecasts, and competitive analysis, plus an overview of strategic issues.  The PDF is available with or without detailed charts.

For more information on this and other available ARC market research, please visit our Market Data & Studies section.

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