Global Smart Traffic Management Market 2023-2028

Description

REPORT OVERVIEW

Our “ Smart Traffic Management” research report provides a detailed evaluation of the market, including different benefits and drivers within smart traffic management such as smart cities, and initiatives focusing on reducing congestion and improving sustainability. The research also considers the future challenges within smart traffic management, and emerging trends in the space. In addition, this report covers market opportunities; providing strategic insights into the development of smart traffic management systems in line with new technologies, such as AI and machine learning. It highlights key steps that are important for vendors, merchants and municipalities to take on implementing smart traffic management, in order to improve traffic flow and sustainability within cities.

The report also positions 29 smart traffic management vendors across two Juniper Research Competitor Leaderboards, for smart intersections and smart parking; providing an invaluable resource for stakeholders seeking to understand the competitive landscape in the market.

The research suite contains a detailed dataset; providing forecasts for 60 countries across a wide range of different metrics, including total revenue from smart intersections hardware and software, smart parking hardware and software, and congestion and emission savings as a result of deployments.

This research suite comprises of:

Market Trends & Strategies (PDF)
Competitor Leaderboard (PDF)
Data & Forecasts (PDF & Excel)
12 Months' Access to harvest Online Data Platform

KEY FEATURES

Market Dynamics: A strategic analysis of the major drivers, challenges, and innovations shaping the adoption and development of the smart traffic management space, including:
- The importance of using smart traffic management systems in the face of growing city populations.
- Future strategic directions and market outlook for smart traffic management vendors.
- Key drivers and benefits of smart traffic management for vendors, including an increase in smart city traffic management investment, the implementation of AI and ML, the analysis of real-time data and the impact on the smart traffic management space, as well as how smart traffic management can improve the issues surrounding congestion and emissions.

Country Readiness Index: Comprehensive coverage featuring country-level market analysis on the future of the market in a select 60 countries split by 8 key regions; thoroughly analysing each country's potential success in the smart traffic management market, with insight into current and future trends, paired with supplementary 5-year forecast data.

Benchmark Industry Forecasts: Includes forecasts for the total smart traffic management revenue across smart intersections and smart parking, as well as the total emission savings (MMT) and hours in congestion saved through smart traffic management. This data is split by our 8 key forecast regions and 60 countries:

North America:
- Canada, US

Latin America:
- Argentina, Brazil, Chile, Colombia, Ecuador, Mexico, Peru, Uruguay

West Europe:
- Austria, Belgium, Denmark, Finland, France, Germany, Greece, Ireland, Italy, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, UK

Central & East Europe:
- Croatia, Czech Republic, Hungary, Poland, Romania, Russia, Turkey, Ukraine

Far East & China:
- China, Hong Kong, Japan, South Korea

Indian Subcontinent:
- Bangladesh, India, Nepal, Pakistan

Rest of Asia Pacific:
- Australia, Indonesia, Malaysia, New Zealand, Philippines, Singapore, Thailand, Vietnam

Africa & Middle East:
- Algeria, Egypt, Israel, Kenya, Kuwait, Nigeria, Qatar, Saudi Arabia, South Africa, United Arab Emirates

Juniper Research Competitor Leaderboard: Key player capability and capacity assessment for 29 vendors in the smart traffic management space, via two Juniper Research Competitor Leaderboards:

Smart Traffic Management
- Commsignia
- Cubic Corporation
- Econolite
- Efkon GmbH
- emnify
- IBM
- Iteris
- Kapsch TrafficCom
- Miovision
- Q-free
- Sensys Networks
- SWARCO
- Telegra
- Thales
- Yunex Traffic

Smart Parking
- Cleverciti
- EasyPark
- Fleximodo
- Flowbird
- GE (General Electric)
- Intelli-Park
- IoT Solutions Group
- Parkopedia
- Parqour
- Q-Park
- Sharvy
- Smart Parking
- SWARCO
- TransCore
- Urbiotica

KEY QUESTIONS ANSWERED

1. What are the current trends in the smart traffic management market?

2. What are the future prospects of smart traffic management?

3. What are the best opportunities for smart traffic management vendors and suppliers?

4. What are the technology trends and regulatory framework in the smart traffic management market?

5. What will the total value of the smart traffic management market be in 2028?

DATA & INTERACTIVE FORECAST

The “ Smart Traffic Management” forecast suite includes the following splits; providing a comprehensive coverage of this market, over a 5-year forecast period.

Smart Intersection
Smart Parking
Emission Reduction
Congestion Saving

Metrics include the total revenue for smart traffic management, split by software and hardware, total number of smart intersections and smart parking spaces and total congestion and emission savings.

Geographical splits: countries
Number of tables: Over 70 tables
Number of datapoints: Over 31,900 datapoints

harvest: Our online data platform, harvest, contains the very latest market data and is updated throughout the year. This is a fully featured platform; enabling clients to better understand key data trends and manipulate charts and tables; overlaying different forecasts within the one chart - using the comparison tool. Empower your business with our market intelligence centre, and receive alerts whenever your data is updated.

Interactive Excels (IFxl): Our IFxl tool enables clients to manipulate both forecast data and charts, within an Excel environment, to test their own assumptions using the interactive scenario tool and compare selected markets side by side in customised charts and tables. IFxls greatly increase a client's ability to both understand a particular market and to integrate their own views into the model.

FORECAST SUMMARY

In 2028, smart traffic management spend will increase by 75% from a 2023 figure of $10.6 billion globally. This significant growth will be due to increasing government funding for smart cities' initiatives, with transport being at the centre of urban transformation projects.

It is vital to deploy traffic analysis and systems at the earliest stage of city planningto avoid costly retrofits at a later point; given the fundamental nature and impactof traffic flow on a city's infrastructure. Cities need to avoid solutions that will likelybecome obsolete quickly, or result in vendor lock-in. By opening their process to awide pool of vendors and developers, cities will encourage innovation and interestfrom a variety of stakeholders, partners, and developers.

Vendors need to consider developing customised smart traffic managementsystems for cities in emerging regions; due to growing issues surroundingcongestion. Smart traffic management is able to significantly reduce congestion,with Juniper Research forecasting a saving of 7 billion hours through smart trafficmanagement solutions globally by 2028, with developed regions making up 75% ofthis.

There are however concerns surrounding the implementation of these solutionsinto developing regions. Driving rules and regulations in developing regions can bevery different, with the level of technological infrastructure also not beingequivalent. As such, vendors must create scalable solutions that can be customisedfor local circumstances.

Market Trends & Strategies

1. Key Takeaways and Strategic Recommendations

1.1 Key Takeaways
1.2. Strategic Recommendations

2. Market Landscape

2.1. Introduction
2.2. Definitions and Research Score
2.3 Key Trends and Drivers
2.4. Benefits of Smart Traffic Management
- 2.4.1. Benefits for Cyclists & Pedestrians
  - i. Enhanced Safety
  - ii. Quicker Journeys & Response to Changing Traffic Conditions
- 2.4.2. Benefits for the Environment
  - i. Minimised Emissions
- 2.4.3. Benefits for the City
  - i. Reduced Congestion
  - ii. Reduction in Fuel Usage
- 2.4.4. Benefits for Parking Companies
  - i. Dynamic Pricing
  - ii. Create Parking Spaces
2.5. Smart Traffic Management in Smart Cities
- Figure 2.1: Visualisation of Elements of Smart Cities
  - i. Reducing Traffic Congestion
  - ii. Parking
  - iii. Emergency Situations
  - iv. Transit Planning
  - v. Urban Planning
2.6. Future Challenges
- 2.6.1. Pedestrian Data and Security
2.7. Smart Traffic Management Technology
- 2.7.1. LPWAN
  - i. LoRa (Long-range Wide-area Network)
    - Figure 2.2: Traffic Management System Using LoRa and Machine Learning Mechanisms
- 2.7.2. 5G
- 2.7.3. Edge Computing
- 2.7.4. V2X
  - Figure 2.3: Infographic on Smart Traffic Management System Connections
  - i. Use Cases
- 2.7.5. Artificial Intelligence and Machine Learning
2.8. Technical Considerations
- 2.8.1. Implementation
- 2.8.2. Cybersecurity
- 2.8.3. Privacy and Consent

3. Segment Analysis

3.1. Introduction
3.2. Smart Intersections Hardware
- 3.2.1. Above-ground Sensors
  - i. Ultrasonic Detectors
  - ii. Traffic Sensors Doppler Type
  - iii. Optical Beacon
- 3.2.2. In-ground Sensors
  - Figure 3.1: FlexMag Sensor
- 3.2.3. Visual & Radar Sensors
  - ii. Use Cases
3.3. Smart Intersection Software
- Figure 3.2: Smart Intersection Software
3.4. Smart Parking Hardware
- 3.4.1. Sensors
  - i. Surface & Flush Mount Sensors
  - ii. Overhead Sensors
    - Figure 3.3: Overhead Parking Sensor
  - iii. Ground Sensors
- 3.4.2. Driver Guidance Systems
  - i. Dynamic Message Signs
  - ii. Overhead Indicators
    - Figure 3.4: Overhead Indicator System
  - iii. Mobile Apps
3.5. Smart Parking Software
- Figure 3.5: Smart Parking Software

4. Country Readiness Index

4.1. Smart Traffic Management Country Readiness Index
- Figure 4.1: Juniper Research's 8 Key Regions Definition
- Table 4.2: Juniper Research Smart Traffic Management Country Readiness Index: Scoring Criteria
- Figure 4.3: Juniper Research Country Readiness Index - Smart Traffic Management
- Figure 4.4: Juniper Research's Competitive Web: Smart Traffic Management Regional Opportunities
4.2. Smart Traffic Management: Regional Analysis & Future Outlook
- 4.2.1. North America
  - i. Smart Intersections
    - Figure 4.5: North America Figure Displaying Growth in the Number of Smart Intersection, 2023-2028
  - ii. Smart Parking
  - iii. Factors Driving Growth
  - iv. Factors Holding Back Growth
- 4.2.2. Latin America
  - i. Smart Intersections
  - ii. Smart Parking
    - Figure 4.6: Figure Displaying Latin America Growth in the Number of Smart Parking Spaces, 2023-2028
  - iii. Factors Driving Growth
  - iv. Factors Holding Back Growth
- 4.2.3. West Europe
  - i. Smart Intersections
    - Figure 4.7: Figure Displaying West Europe Growth in the Number of Smart Intersections, 2023-2028
  - ii. Smart Parking
  - iii. Factors Driving Growth
  - iv. Factors Holding Back Growth
- 4.2.4. Central & East Europe
  - i. Smart Intersections
    - Figure 4.8: Figure Displaying Central & East Europe Growth in the Number of Smart Intersections, 2023-2028
  - ii. Smart Parking
  - iii. Factors Driving Growth
  - iv. Factors Holding Back Growth
- 4.2.5. Far East & China
  - i. Smart Intersections
  - ii. Smart Parking
    - Figure 4.9: Figure Displaying Far East & China Growth in the Number of Smart Parking Spaces, 2023-2028
  - iii. Factors Driving Growth
  - iv. Factors Holding Back Growth
  - Table 4.10: Regulations in Place Which Could Impact the Implementation of Smart Traffic Management Systems for South Korea
- 4.2.6. Indian Subcontinent
  - i. India
    - Figure 4.11: Figure Displaying Indian Subcontinent Growth in the Number of Smart Parking Spaces, 2023-2028
- 4.2.7. Rest of Asia Pacific
  - i. Smart Intersections
    - Figure 4.12: Figure Displaying Rest of Asia Pacific Growth in the Number of Smart Intersections, 2023-2028
  - ii. Smart Parking
  - iii. Factors Driving Growth
  - iv. Factors Holding Back Growth
- 4.2.8. Africa & Middle East
  - i. Smart Intersections
  - ii. Smart Parking
  - iii. Factors Driving Growth
  - iv. Factors Holding Back Growth
- 4.2.9. Smart Traffic Management Country Readiness: Heatmap Analysis
  - Table 4.13: Juniper Research's Country Readiness Index: North America
  - Figure 4.14: Juniper Research's Country Readiness Index: Latin America
  - Table 4.15: Juniper Research's Country Readiness Index: West Europe
  - Table 4.16: Juniper Research's Country Readiness Index: Central & East Europe
  - Table 4.17: Juniper Research's Country Readiness Index: Far East & China
  - Table 4.18: Juniper Research's Country Readiness Index: Indian Subcontinent
  - Table 4.19: Juniper Research's Country Readiness Index: Rest of Asia Pacific
  - Table 4.20: Juniper Research's Country Readiness Index: Africa & Middle East

Competitor Leaderboard

1. Juniper Research Smart Traffic Management Competitor Leaderboard

1.1. Why Read This Report
- Table 1.1: Juniper Research Competitor Leaderboard Vendors: Smart Traffic Management
- Figure 1.2: Juniper Research Competitor Leaderboard - Smart Traffic Management
- Figure 1.3: Juniper Research Competitor Leaderboard: Smart Traffic Management Vendor Ranking
- Table 1.4: Juniper Research Competitor Leaderboard Smart Traffic Management - Heatmap

2. Smart Intersection Company Profiles

2.1. Smart Traffic Management Vendor Profiles
- 2.1.1. Commsignia
  - i. Corporate
  - ii. Geographic Spread
  - iii. Key Clients & Partnerships
  - iv. High-level View of Offerings
  - v. Juniper Research's View: Key Strengths & Strategic Opportunities
- 2.1.2. Cubic Corporation
  - i. Corporate
  - ii. Geographic Spread
  - iii. Key Clients & Partnerships
  - iv. High-level View of Offerings
  - v. Juniper Research's View: Key Strengths & Strategic Opportunities
- 2.1.3. Econolite
  - i. Corporate
  - ii. Geographic Spread
  - iii. Key Clients & Partnerships
  - iv. High-level View of Offerings
    - Figure 2.1: Econolite Product Offerings
  - v. Juniper Research's View: Key Strengths & Strategic Opportunities
- 2.1.4. Efkon GmbH
  - i. Corporate
  - ii. Geographic Spread
  - iii. Key Clients & Partnerships
  - iv. High-level View of Offerings
  - v. Juniper Research's View: Key Strengths & Strategic Opportunities
- 2.1.5. emnify
  - i. Corporate
  - ii. Geographical Spread
  - iii. Key Clients & Partnerships
  - iv. High-level View of Offerings
  - v. Juniper Research's View: Key Strengths & Strategic Opportunities
- 2.1.6. IBM
  - i. Corporate
  - ii. Geographical Spread
  - iii. Key Clients & Partnerships
  - iv. High-level View of Offerings
  - v. Juniper Research's View: Key Strengths & Strategic Opportunities
- 2.1.7. Iteris
  - i. Corporate
    - Table 2.2: Iteris' Financial Snapshot, FY 2019-2021 ($m) (FYE 31st March)
  - ii. Geographic Spread
  - iii. Key Clients & Partnerships
  - iv. High-level View of Offerings
  - v. Juniper Research's View: Key Strengths & Strategic Opportunities
- 2.1.8. Kapsch TrafficCom
  - i. Corporate
    - Table 2.3: Kapsch TrafficCom's Financial Snapshot, FY 2019-2021 ($m) (FYE 31st March)
  - ii. Geographic Spread
  - iii. Key Clients & Partnerships
  - iv. High-level View of Offerings
  - v. Juniper Research's View: Key Strengths & Strategic Opportunities
- 2.1.9. Miovision
  - i. Corporate
  - ii. Geographic Spread
  - iii. Key Clients & Partnerships
  - iv. High-level View of Offerings
  - v. Juniper Research's View: Key Strengths & Strategic Opportunities
- 2.1.10. Q-Free
  - i. Corporate
    - Table 2.4: Q-Free's Financial Snapshot ($), FY 2018-2020
  - ii. Geographic Spread
  - iii. Key Clients & Partnerships
  - iv. High-level View of Offerings
  - v. Juniper Research's View: Key Strengths & Strategic Opportunities
- 2.1.11. Sensys Networks
  - i. Corporate
  - ii. Geographic Spread
  - iii. Key Clients & Partnerships
  - iv. High-level View of Offerings
    - Figure 2.5: FlexMag Sensor in 'Flush' Configuration
    - Figure 2.6: A 'GiveMeGreen' Compatible Intersection in Santa Clarita, CA
  - v. Juniper Research's View: Key Strengths & Strategic Opportunities
- 2.1.12. SWARCO
  - i. Corporate
  - ii. Geographical Spread
  - iii. Key Clients & Partnerships
  - iv. High-level View of Offerings
  - v. Juniper Research's View: Key Strengths & Strategic Opportunities
- 2.1.13. Telegra
  - i. Corporate
  - ii. Geographic Spread
  - iii. Key Clients & Partnerships
  - iv. High-level View of Offerings
    - Figure 2.7: TopXView Software for Traffic-related Applications
  - v. Juniper Research's View: Key Strengths & Strategic Opportunities
- 2.1.14. Thales
  - i. Corporate
  - ii. Geographical Spread
  - iii. Key Clients & Partnerships
  - iv. High-level View of Offerings
    - Figure 2.8: Visualisation of SEGUR by Thales
  - v. Juniper Research's View: Key Strengths & Strategic Opportunities
- 2.1.15. Yunex Traffic
  - i. Corporate
  - ii. Geographical Spread
  - iii. Key Clients & Partnerships
  - iv. High-level View of Offerings
  - v. Juniper Research's View: Key Strengths & Strategic Opportunities
2.2. Juniper Research Leaderboard Assessment Methodology
- 2.2.1. Limitations & Interpretations
  - Table 2.9: Juniper Research Leaderboard Assessment Criteria: Smart Traffic Management

3. Smart Parking Leaderboard

Table 3.1: Juniper Research Competitor Leaderboard Vendors: Smart Parking
Figure 3.2: Juniper Research Competitor Leaderboard - Smart Parking
Table 3.3: Juniper Research Competitor Leaderboard: Smart Parking Vendor Ranking
Table 3.4: Juniper Research Competitor Leaderboard Smart Parking - Heatmap
3.1. Smart Parking Vendor Profiles
- 3.1.1. Cleverciti
  - i. Corporate
  - ii. Geographical Spread
  - iii. Key Clients & Partnerships
  - iv. High-level View of Offerings
    - Figure 3.5: Cleverciti Cockpit, Integrated Smart Parking Management Platform
  - v. Juniper Research's View: Key Strengths & Strategic Opportunities
- 3.1.2. EasyPark
  - i. Corporate
  - ii. Geographical Spread
  - iii. Key Clients & Partnerships
  - iv. High-level View of Offerings
  - v. Juniper Research's View: Key Strengths & Strategic Opportunities
- 3.1.3. Feximodo
  - i. Corporate
  - ii. Geographical Spread
  - iii. Key Clients & Partnerships
  - iv. High-level View of Offerings
    - Figure 3.6: Visualisation of IoT Parking Sensor Benefits
    - Figure 3.7: Visualisation of IoT-based Parking Management
  - v. Juniper Research's View: Key Strengths & Strategic Opportunities
- 3.1.4. Flowbird
  - i. Corporate
  - ii. Geographical Spread
  - iii. Key Clients & Partnerships
  - iv. High-level View of Offerings
  - v. Juniper Research's View: Key Strengths & Strategic Opportunities
- 3.1.5. GE (General Electric)
  - i. Corporate
  - ii. Geographical Spread
  - iii. Key Clients & Partnerships
  - iv. High-level View of Offerings
  - v. Juniper Research's View: Key Strengths & Strategic Opportunities
- 3.1.6. Intelli-Park
  - i. Corporate
  - ii. Geographical Spread
  - iii. Key Clients & Partnerships
  - iv. High-level View of Offerings
  - v. Juniper Research's View: Key Strengths & Strategic Opportunities
- 3.1.7. IoT Solutions Group
  - i. Corporate
  - ii. Geographical Spread
  - iii. Key Clients & Partnerships
  - iv. High-level View of Offerings
  - v. Juniper Research's View: Key Strengths & Strategic Opportunities
- 3.1.8. Parkopedia
  - i. Corporate
  - ii. Geographical Spread
  - iii. Key Clients & Partnerships
  - iv. High-level View of Offerings
    - Figure 3.8: Visualisation of Parking Offerings
  - v. Juniper Research's View: Key Strengths & Strategic Opportunities
- 3.1.9. Parqour
  - i. Corporate
  - ii. Geographical Spread
  - iii. Key Clients & Partnerships
  - iv. High-level View of Offerings
  - v. Juniper Research's View: Key Strengths & Strategic Opportunities
- 3.1.10. Q-Park
  - i. Corporate
  - ii. Geographical Spread
  - iii. Key Clients & Partnerships
  - iv. High-level View of Offerings
  - v. Juniper Research's View: Key Strengths & Strategic Opportunities
- 3.1.11. Sharvy
  - i. Corporate
  - ii. Geographical Spread
  - iii. Key Clients & Partnerships
  - iv. High-level View of Offerings
  - v. Juniper Research's View: Key Strengths & Strategic Opportunities
- 3.1.12. Smart Parking
  - i. Corporate
    - Table 3.9: Smart Parking's Financial Snapshot ($m), FY 2019-2021 (FYE 23 August)
  - ii. Geographical Spread
  - iii. Key Clients & Partnerships
  - iv. High-level View of Offerings
  - v. Juniper Research's View: Key Strengths & Strategic Opportunities
- 3.1.13. SWARCO
  - i. Corporate
  - ii. Geographical Spread
  - iii. Key Clients and Partnerships
  - iv. High-level View of Offerings
  - v. Juniper Research's View: Key Strengths & Strategic Opportunities
- 3.1.14. TransCore
  - i. Corporate
  - ii. Geographical Spread
  - iii. Key Clients & Partnerships
  - iv. High-level View of Offerings
  - v. Juniper Research's View: Key Strengths & Strategic Opportunities
- 3.1.15. Urbiotica
  - i. Corporate
  - ii. Geographical Spread
  - iii. Key Clients & Partnerships
  - iv. High-level View of Offerings
  - v. Juniper Research's View: Key Strengths & Strategic Opportunities
  - Table 3.10: Juniper Research Leaderboard Assessment Criteria: Smart Parking
3.2. Juniper Research Leaderboard Assessment Methodology
- 3.2.1. Limitations & Interpretations

Data & Forecasting

1. Market Overview

1.1. Introduction
1.2. Definitions and Research Score
1.3 Key Trends and Drivers

2. Methodology, Assumptions and Summary

2.1. Introduction
2.2. Methodology & Assumptions
2.3. Forecast Summary
- 2.3.1. Annual Spend on Smart Intersection Hardware & Software
  - Figure & Table 2.1: Total Annual Spend on Smart Intersection Hardware & Software ($m), Split by 8 Key Regions, 2023-2028
- 2.3.2. Annual Spend on Smart Parking Hardware & Software
  - Figure & Table 2.2: Total Annual Spend on Smart Parking Hardware & Software ($m), Split by 8 Key Regions, 2023-2028
- 2.3.3. Annual Spend on Smart Traffic Management Hardware & Software
  - Figure & Table 2.3: Total Annual Spend on Smart Traffic Management Hardware & Software ($m), Split by 8 Key Regions, 2023-2028

3. Smart Intersections

3.1.1. Smart Intersection
- Figure 3.1: Smart Intersections Methodology
3.2. Smart Intersection Market
- 3.2.1. Number of Smart Intersections
  - Figure & Table 3.2: Total Number of Deployed Smart Intersections (m), Split Key Regions, 2023-2028
- 3.2.2. Annual Spend on Smart Intersection Hardware
  - Figure & Table 3.3: Total Annual Spend on Smart Intersection Hardware ($m), Split by 8 Key Regions, 2023-2028
- 3.2.3. Annual Spend on Smart Intersection Software
  - Figure & Table 3.4: Total Annual Spend on Smart Intersection Software ($m), Split by 8 Key Regions, 2023-2028

4. Smart Parking

4.1.1. Smart Parking
- Figure 4.1: Smart Parking Methodology
4.2. Smart Parking Marketing
- 4.2.1. Number of Smart Parking Spaces
  - Figure & Table 4.2: Total Number of Smart Parking Spaces (m), Split by 8 Key Regions 2023-2028
- 4.2.2. Annual Spend on Smart Parking Hardware
  - Figure & Table 4.3: Total Annual Spend on Smart Parking Hardware ($m), Split by 8 Key Regions, 2023-2028
- 4.2.3. Annual Spend on Smart Parking Software
  - Figure & Table 4.4: Total Annual Spend on Smart Parking Software ($m), Split 8 Key Regions, 2023-2028

5. Congestion

5.1.1. Congestion Management
- Figure 5.1: Congestion Management Forecast Methodology
5.2. Congestion Summary
- 5.2.1. Number of Congestion Hours Saved
  - Figure & Table 5.2: Total Number of Congestion Hours Saved by Smart Traffic Management Systems (m), Split by 8 Key Regions, 2023-2028

6. Emission Reduction

6.1.1. Emission Reduction
- Figure 6.1. Emission Reduction Forecast Methodology
6.2. Emission Reduction Summary
- 6.2.1. Vehicle Emissions Saved
  - Figure & Table 6.2: Total Amount of Vehicle Emissions Saved by Smart Traffic Management Systems (MMT), Split by 8 Key Regions, 2023-2028

Market Trends & Strategies

1. Key Takeaways and Strategic Recommendations

1.1 Key Takeaways
1.2. Strategic Recommendations

2. Market Landscape

2.1. Introduction
2.2. Definitions and Research Score
2.3 Key Trends and Drivers
2.4. Benefits of Smart Traffic Management
- 2.4.1. Benefits for Cyclists & Pedestrians
  - i. Enhanced Safety
  - ii. Quicker Journeys & Response to Changing Traffic Conditions
- 2.4.2. Benefits for the Environment
  - i. Minimised Emissions
- 2.4.3. Benefits for the City
  - i. Reduced Congestion
  - ii. Reduction in Fuel Usage
- 2.4.4. Benefits for Parking Companies
  - i. Dynamic Pricing
  - ii. Create Parking Spaces
2.5. Smart Traffic Management in Smart Cities
- Figure 2.1: Visualisation of Elements of Smart Cities
- i. Reducing Traffic Congestion
- ii. Parking
- iii. Emergency Situations
- iv. Transit Planning
- v. Urban Planning
2.6. Future Challenges
- 2.6.1. Pedestrian Data and Security
2.7. Smart Traffic Management Technology
- 2.7.1. LPWAN
  - i. LoRa (Long-range Wide-area Network)
    - Figure 2.2: Traffic Management System Using LoRa and Machine Learning Mechanisms
- 2.7.2. 5G
- 2.7.3. Edge Computing
- 2.7.4. V2X
  - Figure 2.3: Infographic on Smart Traffic Management System Connections
  - i. Use Cases
- 2.7.5. Artificial Intelligence and Machine Learning
2.8. Technical Considerations
- 2.8.1. Implementation
- 2.8.2. Cybersecurity
- 2.8.3. Privacy and Consent

3. Segment Analysis

3.1. Introduction
3.2. Smart Intersections Hardware
- 3.2.1. Above-ground Sensors
  - i. Ultrasonic Detectors
  - ii. Traffic Sensors Doppler Type
  - iii. Optical Beacon
- 3.2.2. In-ground Sensors
  - Figure 3.1: FlexMag Sensor
- 3.2.3. Visual & Radar Sensors
  - ii. Use Cases
3.3. Smart Intersection Software
- Figure 3.2: Smart Intersection Software
3.4. Smart Parking Hardware
- 3.4.1. Sensors
  - i. Surface & Flush Mount Sensors
  - ii. Overhead Sensors
    - Figure 3.3: Overhead Parking Sensor
  - iii. Ground Sensors
- 3.4.2. Driver Guidance Systems
  - i. Dynamic Message Signs
  - ii. Overhead Indicators
    - Figure 3.4: Overhead Indicator System
  - iii. Mobile Apps
3.5. Smart Parking Software
- Figure 3.5: Smart Parking Software

4. Country Readiness Index

4.1. Smart Traffic Management Country Readiness Index
- Figure 4.1: Juniper Research's 8 Key Regions Definition
- Table 4.2: Juniper Research Smart Traffic Management Country Readiness Index: Scoring Criteria
- Figure 4.3: Juniper Research Country Readiness Index - Smart Traffic Management
- Figure 4.4: Juniper Research's Competitive Web: Smart Traffic Management Regional Opportunities
4.2. Smart Traffic Management: Regional Analysis & Future Outlook
- 4.2.1. North America
  - i. Smart Intersections
    - Figure 4.5: North America Figure Displaying Growth in the Number of Smart Intersection, 2023-2028
  - ii. Smart Parking
  - iii. Factors Driving Growth
  - iv. Factors Holding Back Growth
- 4.2.2. Latin America
  - i. Smart Intersections
  - ii. Smart Parking
    - Figure 4.6: Figure Displaying Latin America Growth in the Number of Smart Parking Spaces, 2023-2028
  - iii. Factors Driving Growth
  - iv. Factors Holding Back Growth
- 4.2.3. West Europe
  - i. Smart Intersections
    - Figure 4.7: Figure Displaying West Europe Growth in the Number of Smart Intersections, 2023-2028
  - ii. Smart Parking
  - iii. Factors Driving Growth
  - iv. Factors Holding Back Growth
- 4.2.4. Central & East Europe
  - i. Smart Intersections
    - Figure 4.8: Figure Displaying Central & East Europe Growth in the Number of Smart Intersections, 2023-2028
  - ii. Smart Parking
  - iii. Factors Driving Growth
  - iv. Factors Holding Back Growth
- 4.2.5. Far East & China
  - i. Smart Intersections
  - ii. Smart Parking
    - Figure 4.9: Figure Displaying Far East & China Growth in the Number of Smart Parking Spaces, 2023-2028
  - iii. Factors Driving Growth
  - iv. Factors Holding Back Growth
  - Table 4.10: Regulations in Place Which Could Impact the Implementation of Smart Traffic Management Systems for South Korea
- 4.2.6. Indian Subcontinent
  - i. India
    - Figure 4.11: Figure Displaying Indian Subcontinent Growth in the Number of Smart Parking Spaces, 2023-2028
- 4.2.7. Rest of Asia Pacific
  - i. Smart Intersections
    - Figure 4.12: Figure Displaying Rest of Asia Pacific Growth in the Number of Smart Intersections, 2023-2028
  - ii. Smart Parking
  - iii. Factors Driving Growth
  - iv. Factors Holding Back Growth
- 4.2.8. Africa & Middle East
  - i. Smart Intersections
  - ii. Smart Parking
  - iii. Factors Driving Growth
  - iv. Factors Holding Back Growth
- 4.2.9. Smart Traffic Management Country Readiness: Heatmap Analysis
  - Table 4.13: Juniper Research's Country Readiness Index: North America
  - Figure 4.14: Juniper Research's Country Readiness Index: Latin America
  - Table 4.15: Juniper Research's Country Readiness Index: West Europe
  - Table 4.16: Juniper Research's Country Readiness Index: Central & East Europe
  - Table 4.17: Juniper Research's Country Readiness Index: Far East & China
  - Table 4.18: Juniper Research's Country Readiness Index: Indian Subcontinent
  - Table 4.19: Juniper Research's Country Readiness Index: Rest of Asia Pacific
  - Table 4.20: Juniper Research's Country Readiness Index: Africa & Middle East

Competitor Leaderboard

1. Juniper Research Smart Traffic Management Competitor Leaderboard

1.1. Why Read This Report
- Table 1.1: Juniper Research Competitor Leaderboard Vendors: Smart Traffic Management
- Figure 1.2: Juniper Research Competitor Leaderboard - Smart Traffic Management
- Figure 1.3: Juniper Research Competitor Leaderboard: Smart Traffic Management Vendor Ranking
- Table 1.4: Juniper Research Competitor Leaderboard Smart Traffic Management - Heatmap

2. Smart Intersection Company Profiles

2.1. Smart Traffic Management Vendor Profiles
- 2.1.1. Commsignia
  - i. Corporate
  - ii. Geographic Spread
  - iii. Key Clients & Partnerships
  - iv. High-level View of Offerings
  - v. Juniper Research's View: Key Strengths & Strategic Opportunities
- 2.1.2. Cubic Corporation
  - i. Corporate
  - ii. Geographic Spread
  - iii. Key Clients & Partnerships
  - iv. High-level View of Offerings
  - v. Juniper Research's View: Key Strengths & Strategic Opportunities
- 2.1.3. Econolite
  - i. Corporate
  - ii. Geographic Spread
  - iii. Key Clients & Partnerships
  - iv. High-level View of Offerings
    - Figure 2.1: Econolite Product Offerings
  - v. Juniper Research's View: Key Strengths & Strategic Opportunities
- 2.1.4. Efkon GmbH
  - i. Corporate
  - ii. Geographic Spread
  - iii. Key Clients & Partnerships
  - iv. High-level View of Offerings
  - v. Juniper Research's View: Key Strengths & Strategic Opportunities
- 2.1.5. emnify
  - i. Corporate
  - ii. Geographical Spread
  - iii. Key Clients & Partnerships
  - iv. High-level View of Offerings
  - v. Juniper Research's View: Key Strengths & Strategic Opportunities
- 2.1.6. IBM
  - i. Corporate
  - ii. Geographical Spread
  - iii. Key Clients & Partnerships
  - iv. High-level View of Offerings
  - v. Juniper Research's View: Key Strengths & Strategic Opportunities
- 2.1.7. Iteris
  - i. Corporate
    - Table 2.2: Iteris' Financial Snapshot, FY 2019-2021 ($m) (FYE 31st March)
  - ii. Geographic Spread
  - iii. Key Clients & Partnerships
  - iv. High-level View of Offerings
  - v. Juniper Research's View: Key Strengths & Strategic Opportunities
- 2.1.8. Kapsch TrafficCom
  - i. Corporate
    - Table 2.3: Kapsch TrafficCom's Financial Snapshot, FY 2019-2021 ($m) (FYE 31st March)
  - ii. Geographic Spread
  - iii. Key Clients & Partnerships
  - iv. High-level View of Offerings
  - v. Juniper Research's View: Key Strengths & Strategic Opportunities
- 2.1.9. Miovision
  - i. Corporate
  - ii. Geographic Spread
  - iii. Key Clients & Partnerships
  - iv. High-level View of Offerings
  - v. Juniper Research's View: Key Strengths & Strategic Opportunities
- 2.1.10. Q-Free
  - i. Corporate
    - Table 2.4: Q-Free's Financial Snapshot ($), FY 2018-2020
  - ii. Geographic Spread
  - iii. Key Clients & Partnerships
  - iv. High-level View of Offerings
  - v. Juniper Research's View: Key Strengths & Strategic Opportunities
- 2.1.11. Sensys Networks
  - i. Corporate
  - ii. Geographic Spread
  - iii. Key Clients & Partnerships
  - iv. High-level View of Offerings
    - Figure 2.5: FlexMag Sensor in 'Flush' Configuration
    - Figure 2.6: A 'GiveMeGreen' Compatible Intersection in Santa Clarita, CA
  - v. Juniper Research's View: Key Strengths & Strategic Opportunities
- 2.1.12. SWARCO
  - i. Corporate
  - ii. Geographical Spread
  - iii. Key Clients & Partnerships
  - iv. High-level View of Offerings
  - v. Juniper Research's View: Key Strengths & Strategic Opportunities
- 2.1.13. Telegra
  - i. Corporate
  - ii. Geographic Spread
  - iii. Key Clients & Partnerships
  - iv. High-level View of Offerings
    - Figure 2.7: TopXView Software for Traffic-related Applications
  - v. Juniper Research's View: Key Strengths & Strategic Opportunities
- 2.1.14. Thales
  - i. Corporate
  - ii. Geographical Spread
  - iii. Key Clients & Partnerships
  - iv. High-level View of Offerings
    - Figure 2.8: Visualisation of SEGUR by Thales
  - v. Juniper Research's View: Key Strengths & Strategic Opportunities
- 2.1.15. Yunex Traffic
  - i. Corporate
  - ii. Geographical Spread
  - iii. Key Clients & Partnerships
  - iv. High-level View of Offerings
  - v. Juniper Research's View: Key Strengths & Strategic Opportunities
2.2. Juniper Research Leaderboard Assessment Methodology
- 2.2.1. Limitations & Interpretations
  - Table 2.9: Juniper Research Leaderboard Assessment Criteria: Smart Traffic Management

3. Smart Parking Leaderboard

Table 3.1: Juniper Research Competitor Leaderboard Vendors: Smart Parking
Figure 3.2: Juniper Research Competitor Leaderboard - Smart Parking
Table 3.3: Juniper Research Competitor Leaderboard: Smart Parking Vendor Ranking
Table 3.4: Juniper Research Competitor Leaderboard Smart Parking - Heatmap
3.1. Smart Parking Vendor Profiles
- 3.1.1. Cleverciti
  - i. Corporate
  - ii. Geographical Spread
  - iii. Key Clients & Partnerships
  - iv. High-level View of Offerings
    - Figure 3.5: Cleverciti Cockpit, Integrated Smart Parking Management Platform
  - v. Juniper Research's View: Key Strengths & Strategic Opportunities
- 3.1.2. EasyPark
  - i. Corporate
  - ii. Geographical Spread
  - iii. Key Clients & Partnerships
  - iv. High-level View of Offerings
  - v. Juniper Research's View: Key Strengths & Strategic Opportunities
- 3.1.3. Feximodo
  - i. Corporate
  - ii. Geographical Spread
  - iii. Key Clients & Partnerships
  - iv. High-level View of Offerings
    - Figure 3.6: Visualisation of IoT Parking Sensor Benefits
    - Figure 3.7: Visualisation of IoT-based Parking Management
  - v. Juniper Research's View: Key Strengths & Strategic Opportunities
- 3.1.4. Flowbird
  - i. Corporate
  - ii. Geographical Spread
  - iii. Key Clients & Partnerships
  - iv. High-level View of Offerings
  - v. Juniper Research's View: Key Strengths & Strategic Opportunities
- 3.1.5. GE (General Electric)
  - i. Corporate
  - ii. Geographical Spread
  - iii. Key Clients & Partnerships
  - iv. High-level View of Offerings
  - v. Juniper Research's View: Key Strengths & Strategic Opportunities
- 3.1.6. Intelli-Park
  - i. Corporate
  - ii. Geographical Spread
  - iii. Key Clients & Partnerships
  - iv. High-level View of Offerings
  - v. Juniper Research's View: Key Strengths & Strategic Opportunities
- 3.1.7. IoT Solutions Group
  - i. Corporate
  - ii. Geographical Spread
  - iii. Key Clients & Partnerships
  - iv. High-level View of Offerings
  - v. Juniper Research's View: Key Strengths & Strategic Opportunities
- 3.1.8. Parkopedia
  - i. Corporate
  - ii. Geographical Spread
  - iii. Key Clients & Partnerships
  - iv. High-level View of Offerings
    - Figure 3.8: Visualisation of Parking Offerings
  - v. Juniper Research's View: Key Strengths & Strategic Opportunities
- 3.1.9. Parqour
  - i. Corporate
  - ii. Geographical Spread
  - iii. Key Clients & Partnerships
  - iv. High-level View of Offerings
  - v. Juniper Research's View: Key Strengths & Strategic Opportunities
- 3.1.10. Q-Park
  - i. Corporate
  - ii. Geographical Spread
  - iii. Key Clients & Partnerships
  - iv. High-level View of Offerings
  - v. Juniper Research's View: Key Strengths & Strategic Opportunities
- 3.1.11. Sharvy
  - i. Corporate
  - ii. Geographical Spread
  - iii. Key Clients & Partnerships
  - iv. High-level View of Offerings
  - v. Juniper Research's View: Key Strengths & Strategic Opportunities
- 3.1.12. Smart Parking
  - i. Corporate
    - Table 3.9: Smart Parking's Financial Snapshot ($m), FY 2019-2021 (FYE 23 August)
  - ii. Geographical Spread
  - iii. Key Clients & Partnerships
  - iv. High-level View of Offerings
  - v. Juniper Research's View: Key Strengths & Strategic Opportunities
- 3.1.13. SWARCO
  - i. Corporate
  - ii. Geographical Spread
  - iii. Key Clients and Partnerships
  - iv. High-level View of Offerings
  - v. Juniper Research's View: Key Strengths & Strategic Opportunities
- 3.1.14. TransCore
  - i. Corporate
  - ii. Geographical Spread
  - iii. Key Clients & Partnerships
  - iv. High-level View of Offerings
  - v. Juniper Research's View: Key Strengths & Strategic Opportunities
- 3.1.15. Urbiotica
  - i. Corporate
  - ii. Geographical Spread
  - iii. Key Clients & Partnerships
  - iv. High-level View of Offerings
  - v. Juniper Research's View: Key Strengths & Strategic Opportunities
  - Table 3.10: Juniper Research Leaderboard Assessment Criteria: Smart Parking
3.2. Juniper Research Leaderboard Assessment Methodology
- 3.2.1. Limitations & Interpretations

Data & Forecasting

1. Market Overview

1.1. Introduction
1.2. Definitions and Research Score
1.3 Key Trends and Drivers

2. Methodology, Assumptions and Summary

2.1. Introduction
2.2. Methodology & Assumptions
2.3. Forecast Summary
- 2.3.1. Annual Spend on Smart Intersection Hardware & Software
  - Figure & Table 2.1: Total Annual Spend on Smart Intersection Hardware & Software ($m), Split by 8 Key Regions, 2023-2028
- 2.3.2. Annual Spend on Smart Parking Hardware & Software
  - Figure & Table 2.2: Total Annual Spend on Smart Parking Hardware & Software ($m), Split by 8 Key Regions, 2023-2028
- 2.3.3. Annual Spend on Smart Traffic Management Hardware & Software
  - Figure & Table 2.3: Total Annual Spend on Smart Traffic Management Hardware & Software ($m), Split by 8 Key Regions, 2023-2028

3. Smart Intersections

3.1.1. Smart Intersection
- Figure 3.1: Smart Intersections Methodology
3.2. Smart Intersection Market
- 3.2.1. Number of Smart Intersections
  - Figure & Table 3.2: Total Number of Deployed Smart Intersections (m), Split Key Regions, 2023-2028
- 3.2.2. Annual Spend on Smart Intersection Hardware
  - Figure & Table 3.3: Total Annual Spend on Smart Intersection Hardware ($m), Split by 8 Key Regions, 2023-2028
- 3.2.3. Annual Spend on Smart Intersection Software
  - Figure & Table 3.4: Total Annual Spend on Smart Intersection Software ($m), Split by 8 Key Regions, 2023-2028

4. Smart Parking

4.1.1. Smart Parking
- Figure 4.1: Smart Parking Methodology
4.2. Smart Parking Marketing
- 4.2.1. Number of Smart Parking Spaces
  - Figure & Table 4.2: Total Number of Smart Parking Spaces (m), Split by 8 Key Regions 2023-2028
- 4.2.2. Annual Spend on Smart Parking Hardware
  - Figure & Table 4.3: Total Annual Spend on Smart Parking Hardware ($m), Split by 8 Key Regions, 2023-2028
- 4.2.3. Annual Spend on Smart Parking Software
  - Figure & Table 4.4: Total Annual Spend on Smart Parking Software ($m), Split 8 Key Regions, 2023-2028

5. Congestion

5.1.1. Congestion Management
- Figure 5.1: Congestion Management Forecast Methodology
5.2. Congestion Summary
- 5.2.1. Number of Congestion Hours Saved
  - Figre & Table 5.2: Total Number of Congestion Hours Saved by Smart Traffic Management Systems (m), Split by 8 Key Regions, 2023-2028

6. Emission Reduction

6.1.1. Emission Reduction
- Figure 6.1: Emission Reduction Forecast Methodology
6.2. Emission Reduction Summary
- 6.2.1. Vehicle Emissions Saved
  - Figure & Table 6.2: Total Amount of Vehicle Emissions Saved by Smart Traffic Management Systems (MMT), Split by 8 Key Regions, 2023-2028

Global Smart Traffic Management Market 2023-2028

Description

Table of Contents

REPORT OVERVIEW

KEY FEATURES

KEY QUESTIONS ANSWERED

DATA & INTERACTIVE FORECAST

FORECAST SUMMARY

Table of Contents

Market Trends & Strategies

1. Key Takeaways and Strategic Recommendations

2. Market Landscape

3. Segment Analysis

4. Country Readiness Index

Competitor Leaderboard

1. Juniper Research Smart Traffic Management Competitor Leaderboard

2. Smart Intersection Company Profiles

3. Smart Parking Leaderboard

Data & Forecasting

1. Market Overview

2. Methodology, Assumptions and Summary

3. Smart Intersections

4. Smart Parking

5. Congestion

6. Emission Reduction

Market Trends & Strategies

1. Key Takeaways and Strategic Recommendations

2. Market Landscape

3. Segment Analysis

4. Country Readiness Index

Competitor Leaderboard

1. Juniper Research Smart Traffic Management Competitor Leaderboard

2. Smart Intersection Company Profiles

3. Smart Parking Leaderboard

Data & Forecasting

1. Market Overview

2. Methodology, Assumptions and Summary

3. Smart Intersections

4. Smart Parking

5. Congestion

6. Emission Reduction