Market Research Report
Advanced Traffic Management for Smart Cities - Adaptive Traffic Control, Traffic Analytics, Vehicle-to-Infrastructure Communications, Artificial Intelligence and Vehicle Detection Technologies: Global Market Analysis and Forecasts
|Published by||Navigant Research||Product code||839488|
|Published||Content info||54 Pages; 28 Tables, Charts & Figures
Delivery time: 1-2 business days
|Advanced Traffic Management for Smart Cities - Adaptive Traffic Control, Traffic Analytics, Vehicle-to-Infrastructure Communications, Artificial Intelligence and Vehicle Detection Technologies: Global Market Analysis and Forecasts|
|Published: May 14, 2019||Content info: 54 Pages; 28 Tables, Charts & Figures||
Considering the physical and financial limitations around building additional roads, cities must use new strategies and technologies to improve traffic conditions. Advanced traffic management systems (ATMSs) such as adaptive traffic control (ATC) are enabling greater efficiencies in the traffic management ecosystem and can help integrate the expected growth in vehicle populations without overwhelming existing infrastructure. ATMSs are also enabling the development of smart intersections, which are emerging as one of the most important data-driven backbones needed for solving core city challenges.
Cities vary in their level of maturity in using ATMSs. Collecting traffic and vehicle detection data is often the first step toward advanced traffic management. Then, in-depth traffic analytics enable traffic managers to develop mitigation strategies and make operational improvements to existing traffic signal timing systems. In cities with mature traffic management solutions, ATC technologies enable traffic signals to adjust based on real-time traffic conditions and send traffic data to connected vehicles. Inter-agency data sharing is on the rise, and transport platforms enable cities to better manage their mobility ecosystem. According to Navigant Research, the global advanced traffic management market is expected to more than triple by 2028.
This Navigant Research report analyzes the ongoing transformation occurring in the traffic management industry. The study focuses on ATC, traffic analytics, artificial intelligence, vehicle-to-infrastructure communications, and vehicle detection technologies. Global market forecasts, segmented by region and technology, extend through 2028. This report also explores regional trends in advanced traffic management strategy and highlights city case studies where innovative projects are being deployed.