Global Traffic Monitoring Market – Industry Trends and Forecast to 2026

  • Automotive
  • Upcoming Report
  • Nov 2019
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Global Traffic Monitoring Market By Solutions (Traffic Analysis, Smart Surveillance), Hardware (Display Boards, Sensors, Surveillance Cameras, Others), Service (Consulting, Deployment and Integration, Support and Maintenance), Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa) – Industry Trends and Forecast to 2026

Market Analysis: Global Traffic Monitoring Market

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

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

    • U.S.
    • Canada
    • Mexico

  • Europe

    • Germany
    • Italy
    • U.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

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.

Research Methodology: Global Traffic Monitoring Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Key Insights in the report:

  • Complete and distinct analysis of the market drivers and restraints
  • Key market players involved in this industry
  • Detailed analysis of the market segmentation
  • Competitive analysis of the key players involved


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