According to a market report by Lucintel, the future of the global smart traffic camera market looks promising with opportunities in the surveillance & traffic management and toll management markets. The global smart traffic camera market is expected to grow with a CAGR of 14.6% from 2024 to 2031. The major drivers for this market are the increasing demand for traffic management, the rising adoption of smart city initiatives, and the growing need for road safety.
A more
than 150-page report to understand trends, opportunity and forecast in global smart
traffic camera market to 2031 by camera type (fixed cameras, mobile speed
camera, red light camera, surveillance camera, traffic monitoring camera, ANPR
camera, and others), component (hardware, software, and service), deployment
model (traffic monitoring and traffic enforcement), application (surveillance
& traffic management, toll management, and others), and region (North
America, Europe, Asia Pacific, and the Rest of the World).
Lucintel
forecasts that, within the camera type category, fixed cameras is expected to
witness the highest growth over the forecast period.
Within the
application category, surveillance & traffic management is expected to
witness higher growth.
Download
sample by clicking on smart traffic
camera market.
In terms
of region, APAC is expected to witness the highest growth over the forecast
period.
VITRONIC,
E-Con Systems, IDEMIA, IMPERX, Axis Communications, FLIR Systems, Kapsch
TRAFFICCOM, TATTILE, Jenoptik, Redflex Holdings are the major suppliers in the smart traffic camera market.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com to get
access of more than 1000 reports at fraction of cost visit Lucintel's Analytics
Dashboard.
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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