Traffic Management Market To Be Dominated By The Advent Of Big Data And Internet Of Things (IoT)

The rising demand for real-time traffic information to drivers and passengers is expected to drive the Global Traffic Management Market during the forecast period of 2024-2028. According to TechSci Research report, Traffic Management Market - Global Industry Size, Share, Trends, Opportunity, and Forecast. 2018–2028, the Global Traffic Management Market is anticipated to register a robust growth during the forecast period, 2024-2028 Global Traffic Management Market is driving on account of rising demand for real-time traffic information for drivers and passengers. Technology has become the key enabler of excellence and businesses are gradually becoming mobile as digitalization emerges, the increasing popularity of emerging technology such as 5G infrastructure and analytics software along with rising smart traffic management and use of real time data analysis are further enabling customers to adopt advance traffic management systems. Moreover, the ...