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Traffic Monitoring Market Size | COVID-19 Impact Analysis, Segments, Top Key Players, Drivers and Trends to 2027

The Latest Research Report of Global Traffic Monitoring Market – Industry Analysis, Size, Share, Growth, Trends and Forecast 2020 – 2027 provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. – Data Bridge Market Research

The research and analysis conducted in Traffic Monitoring Report helps clients to predict investment in an emerging market, expansion of market share or success of a new product with the help of global market research analysis. This report has been designed in such a way that it provides very evident understanding of the business environment and Traffic Monitoring industry. Nevertheless, this global market research report unravels many business problems very quickly and easily. Due to high demand and the value of market research for the success of different sectors, Traffic Monitoring Market report is provided that covers many work areas.

Market expectations for likely development openings have been mentioned clearly in this world class Traffic Monitoring Market research report. Competition analysis has been taken into account while preparing this report. A market analysis has turned into a vital piece of every business to settle on smart choices in the organizations which have been viably carried by experienced analysts. This market report provides best solutions for strategy development and implementation depending on client’s needs to extract tangible results. Businesses can bring about an absolute knowhow of general market conditions and tendencies with the information and data covered in this Traffic Monitoring Market report.

Global traffic monitoring market is set to witness a substantial CAGR in the forecast period of 2019- 2026. The report contains data of the base year 2018 and historic year 2017. Increasing integration IoT in traffic monitoring and technological advancement is the factor for the market growth.

Market Definition: Global Traffic Monitoring Market

Traffic monitoring is a proactive surveillance system that helps to control traffic infringements, prevent traffic collisions, proactively track potentially hazardous drivers and reconstruct offline traffic accident situations. They have the ability to record information and collect GPS. They use different tools and techniques so they can monitor the traffic.

Market Drivers:

  • Increasing urbanization will drive the market growth
  • Rising government initiative to use traffic monitoring systems is also encouraging the market growth
  • Growing demand for real- time monitoring system will also enhance the market growth
  • They have the ability to traffic infractions will also accelerate the market

Market Restraints:

  • High cost of the traffic monitoring will restrain the market growth
  • Dearth of standardized and uniform technologies will hamper the market

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Segmentation: Global Traffic Monitoring Market

By Solutions

  • Traffic Analysis
  • Smart Surveillance
    • Video Management Software
    • Video Analytics
      • Incident Detection
      • Pedestrian Detection
      • Facial Recognition
      • Automatic Number Plate Recognition

By Hardware

  • Display Boards
  • Sensors
    • Vehicle Detection Sensors
    • Pedestrian Presence Sensors
    • Speed Sensors
  • Surveillance Cameras
  • Others

By Service

  • Consulting
  • Deployment and Integration
  • Support and Maintenance

By Geography

  • North America
    • S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • Italy
    • K.
    • France
    • Spain
    • Netherlands
    • Belgium
    • Switzerland
    • Turkey
    • Russia
    • Rest of Europe
  • Asia-Pacific
    • Japan
    • China
    • India
    • South Korea
    • Australia
    • Singapore
    • Malaysia
    • Thailand
    • Indonesia
    • Philippines
    • Rest of Asia-Pacific
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Middle East and Africa
    • Saudi Arabia
    • UAE
    • South Africa
    • Egypt
    • Israel
    • Rest of Middle East and Africa

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Key Developments in the Market:

  • In April 2019, Rapid7 announced the acquisition of NetFort. This acquisition will help the company to improve its monitoring, visibility and analytics suite as hybrid cloud environments and will help them to serve better solutions to their customers. With this the company will be able to solidify their market position as well
  • In July 2017, Chubb systems announced the launch of their new surveillance camera solution which is specially designed for the increasing number of smart motorways. Television out Station (TVOS) is a system for the monitoring of all-weather traffic. They have the ability to provide high quality picture in ultra- low and zero light conditions

Competitive Analysis:

Global traffic monitoring market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of traffic monitoring market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

Key Market Competitors:

Few of the major competitors currently working in the global traffic monitoring market are      Aimil Ltd.; FLIR Systems, Inc; InnoSenT – Innovative Radar Sensor Technology; SWARCO; IBM Corporation; Kapsch TrafficCom AG; LG CNS; Indra Sistemas; Cubic Corporation; Iteris, Inc.; Cellint; Metro Infrasys Pvt. Ltd; Jenoptik AG; Q-Free; Citilog.; Lanner Electronics Incorporated; Garmin Ltd; TransCore; among others.

The Traffic Monitoring market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Traffic Monitoring market.

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Prominent players in the market are predicted to face tough competition from the new entrants. However, some of the key players are targeting to acquire the startup companies in order to maintain their dominance in the global market. For a detailed analysis of key companies, their strengths, weaknesses, threats, and opportunities are measured in the report by using industry-standard tools such as the SWOT analysis. Regional coverage of key companies is covered in the report to measure their dominance. Key manufacturers of Traffic Monitoring market are focusing on introducing new products to meet the needs of the patrons. The feasibility of new products is also measured by using industry-standard tools.

Key companies are increasing their investments in research and development activities for the discovery of new products. There has also been a rise in the government funding for the introduction of new Traffic Monitoring market. These factors have benefited the growth of the global market for Traffic Monitoring. Going forward, key companies are predicted to benefit from the new product launches and the adoption of technological advancements. Technical advancements have benefited many industries and the global industry is not an exception.

Reasons to Purchase this Report:

  • Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
  • Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
  • Market value USD Million and volume Units Million data for each segment and sub-segment
  • Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
  • Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

(**NOTE: Our analysts monitoring the situation across the globe explains that the market will generate remunerative prospects for producers post COVID-19 crisis. The report aims to provide an additional illustration of the latest scenario, economic slowdown, and COVID-19 impact on the overall industry.)

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Table of Content:

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: RESEARCH METHODOLOGY

PART 04: INTRODUCTION

  • Market outline

PART 05: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

PART 06: MARKET SIZING

  • Market definition
  • Market sizing 2021
  • Market size and forecast

PART 07: FIVE FORCES ANALYSIS

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

PART 08: MARKET SEGMENTATION BY PRODUCT

  • Global Traffic Monitoring market by product
  • Comparison by product
  • Market opportunity by product

PART 09: MARKET SEGMENTATION BY DISTRIBUTION CHANNEL

  • Global Traffic Monitoring market by distribution channel
  • Comparison by distribution channel
  • Global Traffic Monitoring market by offline distribution channel
  • Global Traffic Monitoring market by online distribution channel
  • Market opportunity by distribution channel

PART 10: CUSTOMER LANDSCAPE

PART 11: MARKET SEGMENTATION BY END-USER

  • Global Traffic Monitoring market by end-user
  • Comparison by end-user

PART 12: REGIONAL LANDSCAPE

  • Global licensed Traffic Monitoring market by geography
  • Regional comparison
  • Licensed Traffic Monitoring market in Americas
  • Licensed Traffic Monitoring market in EMEA
  • Licensed Traffic Monitoring market in APAC
  • Market opportunity

PART 13: DECISION FRAMEWORK

PART 14: DRIVERS AND CHALLENGES

  • Market drivers
  • Market challenges

PART 15: MARKET TRENDS

PART 16: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption
  • Competitive scenario

PART 17: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors

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