Traffic Management System Industry key players
                      
Traffic Management System Industry key players, growth, analysis, 2018-2026 
Market Overview 
Traffic management is a system that providing traffic management solutions that improve traffic flow 
and safety of road users. It also advices the command control and signaling system which receives the 
information about the current traffic and the disturbances in the surrounding. Traffic management 
system includes pedestrian access, lane and sidewalk closures, traffic plans, services, and others. 
Increasing urbanization results in the rise of traffic density levels, making traveling troublesome for 
common folk. For instance, according to the Global Health Observatory (GHO), the urban population in 
2014 accounted for 54% of the total global population, and continues to grow. Over half of the 
population in the world is staying in urban areas, which increases overcrowding in small areas. More 
people leads to more usage of vehicles triggering traffic congestion. Hence, traffic management system 
is the major need to control the traffic problems such as traffic congestions and others will positively 
impact the growth of traffic management market. 
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North America accounted for the largest share in the global traffic management market in 2016. U.S. is 
the major growth engine in North America market. This is owing to increasing initiatives from the U.S. 
government towards improvement of traffic management facilities and implementation of intelligent 
transportation systems (ITS). For instance, the America's Surface Transportation Act or "FAST Act" was 
passed in 2015, in order to solve congestion issues regarding the traffic management, and enhance the 
transportation within the country. 
Asia Pacific market is expected to exhibit highest CAGR over the forecast period and this is due to 
increasing urbanization and growing initiatives for better traffic management in the developing countries 
such as India and China. For instance, in 2015 Government of India launched "100 Smart Cities Mission" 
with project investments of US$ 30.02 billion which includes the technologies such as CCTV cameras, ITS 
(Intelligent transportation System) and others, which is expected to positively influence the growth of 
regional traffic management system market. 
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The key players in the global traffic management market include Accenture PLC, Atkins Group, Affiliated 
Computer Services, Inc., Alstom SA, Cisco Systems, Inc., Cubic Corporation, ESRI, GE Transportation, IBM, 
Indra, Ineo, Kapsch, LG CNS, and Schneider Electric. 
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