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1776748

智慧交通管理系統市場預測至 2032 年：按組件、系統類型、部署模式、技術、應用和地區進行的全球分析

Smart Traffic Management Systems Market Forecasts to 2032 - Global Analysis By Component (Hardware, Software, and Services), System Type, Deployment Mode, Technology, Application and By Geography
出版日期: | 出版商: Stratistics Market Research Consulting | 英文 200+ Pages | 商品交期: 2-3個工作天內

價格

根據 Stratistics MRC 的數據，全球智慧交通管理系統市場預計在 2025 年達到 139.4 億美元，到 2032 年將達到 238.9 億美元，預測期內的複合年成長率為 8.0%。

智慧交通管理系統 (STMS) 採用感測器、人工智慧和即時數據分析等先進技術，高效監控和控制交通流量。這些系統旨在透過動態調整交通號誌、提供即時交通資訊和事故管理，減少交通堵塞、提昇道路安全並提高運輸效率。 STMS 與互聯基礎設施和車輛整合後，可為現代城市提供更智慧、更快捷、更永續的城市出行解決方案。

根據歐洲聯合研究中心（JRC）的數據，歐洲道路擁擠約佔該地區國內生產總值（GDP）的 1%。

交通擁擠和交通事故死亡人數增加

更長的通勤時間和低效率的交通流量加劇了燃料浪費和污染水平的上升。此外，車輛密度的上升導致交通事故和死亡人數急劇上升。這些擔憂推動了對智慧交通管理系統的需求，這些系統旨在最佳化交通流量並提高安全性。政府和市政當局正在加大對智慧解決方案的投資，以監控和規範城市交通。隨著城市的擴張，這些系統對於確保公共和提高交通效率至關重要。

熟練勞動力短缺

儘管人們對智慧交通系統的興趣日益濃厚，但合格專業人員的短缺阻礙了其推廣應用。部署此類系統需要人工智慧、物聯網和即時分析等領域的專業知識。此外，開發和維護這些系統需要持續的培訓和技能提升。許多地區，尤其是新興經濟體，在教育和技術培訓方面存在差距。預算限制往往會限制人才培養和招募的機會。這種短缺影響了智慧交通基礎設施計劃的擴充性和效率。

自適應交通控制系統的採用日益增多

自適應交通控制系統因其能夠動態響應即時交通狀況而日益普及。這些系統利用感測器、攝影機和人工智慧演算法，根據當前擁塞程度調整訊號配時。因此，城市可以最大限度地減少延誤，降低油耗，並減少排放氣體。對環境永續性的日益關注，促使當局考慮採用智慧技術。此外，與共乘和公共交通應用程式的整合可以提高多式聯運的效率。

與舊有系統的複雜整合

許多城市仍然依賴過時的訊號控制設備和通訊網路。整合新系統通常需要進行大規模維修，這既昂貴又耗時。相容性問題可能會延遲部署並影響系統可靠性。此外，政府採購流程可能會延緩現代化進程。這些整合障礙限制了投資，並阻礙了智慧交通管理充分發揮其潛力。

COVID-19的影響

疫情初期，由於封鎖和遠距辦公，交通流量急劇下降。然而，疫情也暴露出交通管理策略和城市出行規劃的漏洞。隨著城市逐步恢復營運，交通流量以難以預測的模式回升。各國政府認知到智慧系統在危機期間確保安全和業務連續性的價值。疫情過後，數位轉型的推動加速了智慧交通管理解決方案的普及。

預計在預測期內硬體部分將成為最大的部分。

由於硬體在交通數據收集和控制中發揮重要作用，預計在預測期內將佔據最大的市場佔有率。這些物理設備對於即時監控和車輛檢測至關重要。不斷成長的基礎設施投資正在刺激對高性能和耐用硬體的需求。全球智慧城市計劃的激增也促進了硬體採購。

預計城市交通在預測期內將達到最高的複合年成長率

預計城市交通領域將在預測期內呈現最高成長率。智慧交通解決方案在城市尤其重要，因為擁塞會影響生產力和生活品質。這些系統有助於最佳化交通流量，減少車輛空轉，並改善緊急應變協調。智慧城市建設資金的增加正在加速城市技術的部署。市中心的公共交通系統也正在與交通控制系統整合，以簡化通勤行程。

佔比最大的地區：

由於城市人口成長和基礎設施建設，預計亞太地區將在預測期內佔據最大市場佔有率。中國、印度和日本等國政府正大力投資智慧運輸解決方案。強而有力的政策支持和官民合作關係正在加速該地區的智慧出行應用。該地區還擁有多家技術供應商，為交通管理帶來創新。快速的機動化和都市化趨勢正在推動當局對智慧解決方案的需求。

複合年成長率最高的地區：

預計北美在預測期內將呈現最高的複合年成長率，這得益於早期技術應用和成熟的出行生態系統。該地區受惠於完善的基礎設施和大量的研發投入。美國和加拿大的一些城市正在實施自適應交通管制和基於人工智慧的監控試驗計畫。強而有力的法律規範也進一步促進了智慧科技的融合。

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目錄

第1章執行摘要

第2章 前言

  • 概述
  • 相關利益者
  • 調查範圍
  • 調查方法
    • 資料探勘
    • 數據分析
    • 數據檢驗
    • 研究途徑
  • 研究材料
    • 主要研究資料
    • 次級研究資訊來源
    • 先決條件

第3章市場走勢分析

  • 驅動程式
  • 抑制因素
  • 機會
  • 威脅
  • 技術分析
  • 應用分析
  • 新興市場
  • COVID-19的影響

第4章 波特五力分析

  • 供應商的議價能力
  • 買家的議價能力
  • 替代品的威脅
  • 新進入者的威脅
  • 競爭對手之間的競爭

5. 全球智慧交通管理系統市場（按組件）

  • 硬體
  • 軟體
  • 服務

6. 全球智慧交通管理系統市場（依系統類型）

  • 交通監控系統
  • 自適應交通控制系統（ATCS）
  • 交通執法攝影系統
  • 智慧型駕駛員資訊系統
  • 綜合走廊管理（ICM）
  • 事件檢測和管理
  • 電子票價管理
  • 智慧監控
  • 路線和導航

7. 全球智慧交通管理系統市場（依部署模式）

  • 雲端基礎
  • 本地

8. 全球智慧交通管理系統市場（按技術）

  • 人工智慧（AI）
  • 巨量資料和分析
  • 物聯網 (IoT)
  • 機器學習（ML）
  • 5G和連接技術
  • 雲端運算
  • 地理資訊系統
  • 其他技術

第9章全球智慧交通管理系統市場（按應用）

  • 城市交通
  • 貨物運輸管理
  • 停車管理
  • 公共運輸管理
  • 資訊行動化
  • 高速公路交通管理
  • 收費管理
  • 其他用途

第10章全球智慧交通管理系統市場（按地區）

  • 北美洲
    • 美國
    • 加拿大
    • 墨西哥
  • 歐洲
    • 德國
    • 英國
    • 義大利
    • 法國
    • 西班牙
    • 其他歐洲國家
  • 亞太地區
    • 日本
    • 中國
    • 印度
    • 澳洲
    • 紐西蘭
    • 韓國
    • 其他亞太地區
  • 南美洲
    • 阿根廷
    • 巴西
    • 智利
    • 南美洲其他地區
  • 中東和非洲
    • 沙烏地阿拉伯
    • 阿拉伯聯合大公國
    • 卡達
    • 南非
    • 其他中東和非洲地區

第11章 重大進展

  • 協議、夥伴關係、合作和合資企業
  • 收購與合併
  • 新產品發布
  • 業務擴展
  • 其他關鍵策略

第12章 公司概況

  • Thales Group
  • Siemens AG
  • IBM
  • Kapsch TrafficCom AG
  • Cisco Systems, Inc.
  • Cubic Corporation
  • SWARCO
  • Econolite
  • TomTom NV
  • ST Engineering
  • Hitachi, Ltd.
  • Indra Sistemas, SA
  • Iteris Inc.
  • Mundys SpA
  • Q-Free ASA
Product Code: SMRC30079

According to Stratistics MRC, the Global Smart Traffic Management Systems Market is accounted for $13.94 billion in 2025 and is expected to reach $23.89 billion by 2032 growing at a CAGR of 8.0% during the forecast period. Smart Traffic Management Systems (STMS) use advanced technologies like sensors, artificial intelligence, and real-time data analytics to monitor and control traffic flow efficiently. These systems aim to reduce congestion, enhance road safety, and improve transportation efficiency by dynamically adjusting signals, providing real-time traffic updates, and managing incidents. By integrating with connected infrastructure and vehicles, STMS enable smarter, faster, and more sustainable urban mobility solutions in modern cities.

According to the European Joint Research Centre (JRC), road congestion in Europe costs around 1% of the region's Gross Domestic Product (GDP).

Market Dynamics:

Driver:

Rising traffic congestion and road fatalities

Prolonged commuting times and inefficient traffic flow contribute to fuel wastage and elevated pollution levels. Additionally, the rise in vehicle density has resulted in a spike in road accidents and fatalities. These concerns are driving demand for smart traffic management systems that can optimize traffic flow and enhance safety. Governments and municipalities are increasingly investing in intelligent solutions to monitor and regulate urban mobility. As cities expand, such systems become critical for ensuring public safety and improving transportation efficiency.

Restraint:

Lack of skilled workforce

Despite growing interest, the adoption of smart traffic systems is hindered by a shortage of qualified professionals. Implementing such systems requires specialized knowledge in AI, IoT, and real-time analytics. Developing and maintaining these systems also demands continuous training and skill upgrades. Many regions, especially in developing countries, face gaps in education and technical training. Budget constraints often limit opportunities for workforce development and recruitment. This shortfall affects the scalability and efficiency of smart traffic infrastructure projects.

Opportunity:

Increased adoption of adaptive traffic control systems

Adaptive traffic control systems are gaining popularity due to their ability to respond dynamically to real-time traffic conditions. These systems use sensors, cameras, and AI algorithms to adjust signal timings based on current congestion levels. As a result, cities can minimize delays, reduce fuel consumption, and lower emissions. The increased focus on environmental sustainability is encouraging authorities to consider smart technologies. Moreover, integration with ride-sharing and public transit apps enhances multimodal transport efficiency.

Threat:

Complex integration with legacy systems

Many cities still rely on outdated signal controllers and communication networks. Integrating new systems often requires extensive retrofitting, which can be costly and time-consuming. Compatibility issues can delay deployment and impact system reliability. Additionally, government procurement processes can slow down modernization efforts. These integration hurdles can deter investment and hinder the full potential of intelligent traffic management.

Covid-19 Impact

The pandemic initially led to a sharp decline in traffic volumes due to lockdowns and remote work. However, it also revealed vulnerabilities in traffic management strategies and urban mobility planning. As cities began reopening, traffic returned with unpredictable patterns, requiring more adaptive and data-driven management approaches. Governments recognized the value of smart systems to ensure safety and operational continuity during crises. Post-pandemic, the push for digital transformation has accelerated adoption of smart traffic management solutions.

The hardware segment is expected to be the largest during the forecast period

The hardware segment is expected to account for the largest market share during the forecast period, due to its foundational role in traffic data collection and control. These physical devices are essential for real-time monitoring and vehicle detection. Rising infrastructure investments are fuelling demand for high-performance and durable hardware. The proliferation of smart city projects globally is also contributing to hardware procurement.

The urban traffic segment is expected to have the highest CAGR during the forecast period

Over the forecast period, the urban traffic segment is predicted to witness the highest growth rate.Smart traffic solutions are especially relevant in cities where congestion affects productivity and quality of life. These systems help optimize flow, reduce idling, and enhance emergency response coordination. Increased funding for smart city development is accelerating urban tech deployment. Public transportation systems in urban centres are also being integrated with traffic control systems to streamline commuter movement.

Region with largest share:

During the forecast period, the Asia Pacific region is expected to hold the largest market sharedue toits expanding urban populations and infrastructure development. Governments in countries like China, India, and Japan are investing heavily in smart mobility solutions. Strong policy support and public-private partnerships are accelerating regional adoption. The region is also home to several technology providers innovating in traffic management. Rapid motorization and urbanization trends are compelling authorities to seek intelligent solutions.

Region with highest CAGR:

Over the forecast period, the North America region is anticipated to exhibit the highest CAGR, driven by early technology adoption and a mature mobility ecosystem. The region benefits from well-established infrastructure and high investments in R&D. Cities across the U.S. and Canada are implementing pilot programs for adaptive traffic control and AI-based surveillance. Strong regulatory frameworks are further enabling the integration of smart technologies.

Key players in the market

Some of the key players profiled in the Smart Traffic Management Systems Market includeThales Group, Siemens AG, IBM, KapschTrafficCom AG, Cisco Systems, Inc., Cubic Corporation, SWARCO, Econolite, TomTom NV, ST Engineering, Hitachi, Ltd., IndraSistemas, S.A., Iteris Inc., MundysSpA, and Q-Free ASA.

Key Developments:

In June 2025, Thalesand Qatar Airwayshave signed a Memorandum of Agreement (MoA) to support Qatar Airways' strategic fleet growth plan announced last month. This agreement sets the course for future inflight entertainment (IFE) innovations to support Qatar Airways' digital transformation journey, giving the airline access to the most innovative technologies.

In June 2025,Siemens and NVIDIA announced an expansion of their partnership to accelerate the next era of industrial AI and digitalization and enable the factory of the future.The combination of Siemens and NVIDIA technologies will empower industrial companies to leverage comprehensive, AI-powered technologies for next-generation factory automation - spanning every stage from product design to execution.

Components Covered:

  • Hardware
  • Software
  • Services

SystemTypes Covered:

  • Traffic Monitoring System
  • Adaptive Traffic Control System (ATCS)
  • Traffic Enforcement Camera System
  • Intelligent Driver Information System
  • Integrated Corridor Management (ICM)
  • Incident Detection & Management
  • Electronic Toll Management
  • Smart Surveillance
  • Route Guidance & Navigation

Deployment Modes Covered:

  • Cloud-based
  • On-premises

Technologies Covered:

  • Artificial Intelligence (AI)
  • Big Data & Analytics
  • Internet of Things (IoT)
  • Machine Learning (ML)
  • 5G and Connectivity Technologies
  • Cloud Computing
  • GIS
  • Other Technologies

Applications Covered:

  • Urban Traffic
  • Freight Transport Management
  • Parking Management
  • Public Transport Management
  • Info-mobility
  • Highway Traffic Management
  • Toll Management
  • Other Applications

Regions Covered:

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • Italy
    • France
    • Spain
    • Rest of Europe
  • Asia Pacific
    • Japan
    • China
    • India
    • Australia
    • New Zealand
    • South Korea
    • Rest of Asia Pacific
  • South America
    • Argentina
    • Brazil
    • Chile
    • Rest of South America
  • Middle East & Africa
    • Saudi Arabia
    • UAE
    • Qatar
    • South Africa
    • Rest of Middle East & Africa

What our report offers:

  • Market share assessments for the regional and country-level segments
  • Strategic recommendations for the new entrants
  • Covers Market data for the years 2024, 2025, 2026, 2028, and 2032
  • Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
  • Strategic recommendations in key business segments based on the market estimations
  • Competitive landscaping mapping the key common trends
  • Company profiling with detailed strategies, financials, and recent developments
  • Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

  • Company Profiling
    • Comprehensive profiling of additional market players (up to 3)
    • SWOT Analysis of key players (up to 3)
  • Regional Segmentation
    • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
  • Competitive Benchmarking
    • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

  • 2.1 Abstract
  • 2.2 Stake Holders
  • 2.3 Research Scope
  • 2.4 Research Methodology
    • 2.4.1 Data Mining
    • 2.4.2 Data Analysis
    • 2.4.3 Data Validation
    • 2.4.4 Research Approach
  • 2.5 Research Sources
    • 2.5.1 Primary Research Sources
    • 2.5.2 Secondary Research Sources
    • 2.5.3 Assumptions

3 Market Trend Analysis

  • 3.1 Introduction
  • 3.2 Drivers
  • 3.3 Restraints
  • 3.4 Opportunities
  • 3.5 Threats
  • 3.6 Technology Analysis
  • 3.7 Application Analysis
  • 3.8 Emerging Markets
  • 3.9 Impact of Covid-19

4 Porters Five Force Analysis

  • 4.1 Bargaining power of suppliers
  • 4.2 Bargaining power of buyers
  • 4.3 Threat of substitutes
  • 4.4 Threat of new entrants
  • 4.5 Competitive rivalry

5 Global Smart Traffic Management Systems Market, By Component

  • 5.1 Introduction
  • 5.2 Hardware
  • 5.3 Software
  • 5.4 Services

6 Global Smart Traffic Management Systems Market, By System Type

  • 6.1 Introduction
  • 6.2 Traffic Monitoring System
  • 6.3 Adaptive Traffic Control System (ATCS)
  • 6.4 Traffic Enforcement Camera System
  • 6.5 Intelligent Driver Information System
  • 6.6 Integrated Corridor Management (ICM)
  • 6.7 Incident Detection & Management
  • 6.8 Electronic Toll Management
  • 6.9 Smart Surveillance
  • 6.10 Route Guidance & Navigation

7 Global Smart Traffic Management Systems Market, By Deployment Mode

  • 7.1 Introduction
  • 7.2 Cloud-based
  • 7.3 On-premises

8 Global Smart Traffic Management Systems Market, By Technology

  • 8.1 Introduction
  • 8.2 Artificial Intelligence (AI)
  • 8.3 Big Data & Analytics
  • 8.4 Internet of Things (IoT)
  • 8.5 Machine Learning (ML)
  • 8.6 5G and Connectivity Technologies
  • 8.7 Cloud Computing
  • 8.8 GIS
  • 8.9 Other Technologies

9 Global Smart Traffic Management Systems Market, By Application

  • 9.1 Introduction
  • 9.2 Urban Traffic
  • 9.3 Freight Transport Management
  • 9.4 Parking Management
  • 9.5 Public Transport Management
  • 9.6 Info-mobility
  • 9.7 Highway Traffic Management
  • 9.8 Toll Management
  • 9.9 Other Applications

10 Global Smart Traffic Management Systems Market, By Geography

  • 10.1 Introduction
  • 10.2 North America
    • 10.2.1 US
    • 10.2.2 Canada
    • 10.2.3 Mexico
  • 10.3 Europe
    • 10.3.1 Germany
    • 10.3.2 UK
    • 10.3.3 Italy
    • 10.3.4 France
    • 10.3.5 Spain
    • 10.3.6 Rest of Europe
  • 10.4 Asia Pacific
    • 10.4.1 Japan
    • 10.4.2 China
    • 10.4.3 India
    • 10.4.4 Australia
    • 10.4.5 New Zealand
    • 10.4.6 South Korea
    • 10.4.7 Rest of Asia Pacific
  • 10.5 South America
    • 10.5.1 Argentina
    • 10.5.2 Brazil
    • 10.5.3 Chile
    • 10.5.4 Rest of South America
  • 10.6 Middle East & Africa
    • 10.6.1 Saudi Arabia
    • 10.6.2 UAE
    • 10.6.3 Qatar
    • 10.6.4 South Africa
    • 10.6.5 Rest of Middle East & Africa

11 Key Developments

  • 11.1 Agreements, Partnerships, Collaborations and Joint Ventures
  • 11.2 Acquisitions & Mergers
  • 11.3 New Product Launch
  • 11.4 Expansions
  • 11.5 Other Key Strategies

12 Company Profiling

  • 12.1 Thales Group
  • 12.2 Siemens AG
  • 12.3 IBM
  • 12.4 Kapsch TrafficCom AG
  • 12.5 Cisco Systems, Inc.
  • 12.6 Cubic Corporation
  • 12.7 SWARCO
  • 12.8 Econolite
  • 12.9 TomTom NV
  • 12.10 ST Engineering
  • 12.11 Hitachi, Ltd.
  • 12.12 Indra Sistemas, S.A.
  • 12.13 Iteris Inc.
  • 12.14 Mundys SpA
  • 12.15 Q-Free ASA

List of Tables

  • Table 1 Global Smart Traffic Management Systems Market Outlook, By Region (2024-2032) ($MN)
  • Table 2 Global Smart Traffic Management Systems Market Outlook, By Component (2024-2032) ($MN)
  • Table 3 Global Smart Traffic Management Systems Market Outlook, By Hardware (2024-2032) ($MN)
  • Table 4 Global Smart Traffic Management Systems Market Outlook, By Software (2024-2032) ($MN)
  • Table 5 Global Smart Traffic Management Systems Market Outlook, By Services (2024-2032) ($MN)
  • Table 6 Global Smart Traffic Management Systems Market Outlook, By System Type (2024-2032) ($MN)
  • Table 7 Global Smart Traffic Management Systems Market Outlook, By Traffic Monitoring System (2024-2032) ($MN)
  • Table 8 Global Smart Traffic Management Systems Market Outlook, By Adaptive Traffic Control System (ATCS) (2024-2032) ($MN)
  • Table 9 Global Smart Traffic Management Systems Market Outlook, By Traffic Enforcement Camera System (2024-2032) ($MN)
  • Table 10 Global Smart Traffic Management Systems Market Outlook, By Intelligent Driver Information System (2024-2032) ($MN)
  • Table 11 Global Smart Traffic Management Systems Market Outlook, By Integrated Corridor Management (ICM) (2024-2032) ($MN)
  • Table 12 Global Smart Traffic Management Systems Market Outlook, By Incident Detection & Management (2024-2032) ($MN)
  • Table 13 Global Smart Traffic Management Systems Market Outlook, By Electronic Toll Management (2024-2032) ($MN)
  • Table 14 Global Smart Traffic Management Systems Market Outlook, By Smart Surveillance (2024-2032) ($MN)
  • Table 15 Global Smart Traffic Management Systems Market Outlook, By Route Guidance & Navigation (2024-2032) ($MN)
  • Table 16 Global Smart Traffic Management Systems Market Outlook, By Deployment Mode (2024-2032) ($MN)
  • Table 17 Global Smart Traffic Management Systems Market Outlook, By Cloud-based (2024-2032) ($MN)
  • Table 18 Global Smart Traffic Management Systems Market Outlook, By On-premises (2024-2032) ($MN)
  • Table 19 Global Smart Traffic Management Systems Market Outlook, By Technology (2024-2032) ($MN)
  • Table 20 Global Smart Traffic Management Systems Market Outlook, By Artificial Intelligence (AI) (2024-2032) ($MN)
  • Table 21 Global Smart Traffic Management Systems Market Outlook, By Big Data & Analytics (2024-2032) ($MN)
  • Table 22 Global Smart Traffic Management Systems Market Outlook, By Internet of Things (IoT) (2024-2032) ($MN)
  • Table 23 Global Smart Traffic Management Systems Market Outlook, By Machine Learning (ML) (2024-2032) ($MN)
  • Table 24 Global Smart Traffic Management Systems Market Outlook, By 5G and Connectivity Technologies (2024-2032) ($MN)
  • Table 25 Global Smart Traffic Management Systems Market Outlook, By Cloud Computing (2024-2032) ($MN)
  • Table 26 Global Smart Traffic Management Systems Market Outlook, By GIS (2024-2032) ($MN)
  • Table 27 Global Smart Traffic Management Systems Market Outlook, By Other Technologies (2024-2032) ($MN)
  • Table 28 Global Smart Traffic Management Systems Market Outlook, By Application (2024-2032) ($MN)
  • Table 29 Global Smart Traffic Management Systems Market Outlook, By Urban Traffic (2024-2032) ($MN)
  • Table 30 Global Smart Traffic Management Systems Market Outlook, By Freight Transport Management (2024-2032) ($MN)
  • Table 31 Global Smart Traffic Management Systems Market Outlook, By Parking Management (2024-2032) ($MN)
  • Table 32 Global Smart Traffic Management Systems Market Outlook, By Public Transport Management (2024-2032) ($MN)
  • Table 33 Global Smart Traffic Management Systems Market Outlook, By Info-mobility (2024-2032) ($MN)
  • Table 34 Global Smart Traffic Management Systems Market Outlook, By Highway Traffic Management (2024-2032) ($MN)
  • Table 35 Global Smart Traffic Management Systems Market Outlook, By Toll Management (2024-2032) ($MN)
  • Table 36 Global Smart Traffic Management Systems Market Outlook, By Other Applications (2024-2032) ($MN)

Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.