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.

Market Analysis and Insights: Global Advanced Traffic Management for Smart Cities Market
The global Advanced Traffic Management for Smart Cities market size is projected to reach US$ XX million by 2027, from US$ XX million in 2020, at a CAGR of XX% during 2021-2027.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Advanced Traffic Management for Smart Cities market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Advanced Traffic Management for Smart Cities market in terms of revenue.
On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Advanced Traffic Management for Smart Cities market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Advanced Traffic Management for Smart Cities market.

Global Advanced Traffic Management for Smart Cities Scope and Market Size
Advanced Traffic Management for Smart Cities market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Advanced Traffic Management for Smart Cities market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2016-2027.

Segment by Type
Hardware
Software
Services

Segment by Application
Intelligent Transportation Systems (ITS) Companies
Automotive and Mobility Companies
IT, Networking, and Telecoms Companies
Government Agencies
Investor Community
Others

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA

By Company
Alphabet
Cisco Systems
Cubic
Econolite
Ericsson
IBM
INRIX
Kapsch TrafficCom
Microsoft
Q-Free
Rapid Flow Technologies
Siemens
Verizon Communications