A software called Advanced Traffic Management for Smart Cities makes it possible to handle traffic in smart cities effectively and efficiently. It is made up of components for optimising traffic flow, lowering congestion, and enhancing safety. By combining and analysing data from numerous sources, including sensors, cameras, and GPS devices, the platform aids in traffic management.
An automated method of managing traffic, the advanced traffic management system (ATMS), stores, examines, and processes real-time data. A component of the Intelligent Transportation System (ITS), advanced traffic management systems help to improve the flow of vehicular traffic. Advanced traffic management systems use integrated roadside equipment like sensors and HD cameras to offer real-time & accurate data to government authorities regarding road conditions, traffic situation, accidents, and weather condition in order to ensure the safety of drivers.
Any tangible tools utilised in advanced traffic management, such as sensors, cameras, and signs, are referred to as hardware. This kind of gear is required for data gathering and analysis, which serve as the cornerstones of wise decision-making. Hardware plays a crucial role in traffic control and helps to ensure reliable data collection. Hardware utilisation can assist organisations in enhancing traffic flow and safety. Hardware can also be utilised to alert drivers in real-time about the conditions on the road ahead.
Software aids in the effective operation of transportation systems and is a sort of sophisticated traffic management for smart cities. It consists of a set of instructions that tell hardware how to carry out particular activities. Users can communicate with the software via an interface after installing it on a PC or mobile device. Additionally, it offers analytical data and reports on the state of the road, the degree of congestion, and other relevant details.
Additionally, the market for advanced traffic management in smart cities is anticipated to grow as a result of the collection of data on traffic and vehicles, particularly in urban areas, throughout developed and developing economies. Therefore, improved traffic management for smart cities aids in the collection of data on traffic analytics by traffic authorities. In order to reduce traffic congestion, smart cities have begun to implement adaptive traffic control and traffic analytics technologies. Additionally, some cities around the world have implemented decentralised systems at different crossings that combine video detection and radar to help monitor traffic and modify lights in real-time using AI-driven software.
This report examines all the key factors influencing growth of global Advanced Traffic Management for Smart Cities market, including demand-supply scenario, pricing structure, profit margins, production and value chain / ecosystem analysis. Regional assessment of global Advanced Traffic Management for Smart Cities market unlocks a plethora of untapped opportunities in regional and domestic market places. Detailed company profiling enables users to evaluate company shares analysis, emerging product lines, scope of NPD in new markets, pricing strategies, innovation possibilities and much more.
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Segmentation:-
Global Advanced Traffic Management for Smart Cities : Major Players
Siemens
Q-Free
Cisco Systems
INRIX
Kapsch TrafficCom
Cubic
Verizon Communications
Alphabet
Microsoft
IBM
Ericsson
Econolite
Rapid Flow Technologies
Global Advanced Traffic Management for Smart Cities : By Types
Hardware
Software
Services
Global Advanced Traffic Management for Smart Cities : By Applications
Intelligent Transportation Systems (ITS) Companies
Automotive and Mobility Companies
IT, Networking, and Telecoms Companies
Government Agencies
Investor Community
Others
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