The Intelligent Traffic Management Market was is expected to grow US$ 29170.89 Mn by 2030, as per Maximize Market Research.

(IT-NEWSWIRE.COM, October 08, 2024 ) It is anticipated that the European Intelligent Traffic Management Market will experience a compound annual growth rate of 12.53% over the forecast period. Germany was the leading country in the European Intelligent Traffic Management Market in 2023 and is expected to maintain its dominance until 2030, with an estimated market worth of $1668.39 Million by 2030. Anticipated growth in the UK market is projected to be 11.48% annually from 2024 to 2030.

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Intelligent Traffic Management Market Segmentation

by Product Type

Integrated Urban Traffic Control System

Variable / Dynamic Message Signs

Emergency Response Systems

Border Control System

Electronic Toll Collection System

Parking Management System

Violation And Measurement Systems

Tunnel Management System

Freeway Management System

by Components Traffic

Controllers And Signals

Surveillance Cameras

Video Walls

Server

3D Simulators

GUI Workstation

Detectors & Sensors

Other Components

by Spender Type

Infrastructure Enterprises & Ppps

Federal And Provincial Government

Industries & Commercial Enterprise

Intelligent Traffic Management Market Top Leaders:

1. Cubic Corporation (US)

2. IBM Corporation (US)

3. General Electric Company (US)

4. TransCore (US)

5. Econolite Control Products, Inc. (US)

6. Iteris Inc (US)

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The Intelligent Traffic Management Market was is expected to grow US$ 29170.89 Mn by 2030, as per Maximize Market Research.