Top Traffic Management Companies

Traffic management market is estimated to grow from USD 43.53 billion in 2024 to USD 75.74 billion by 2029 at a CAGR of 11.7% during the forecast period. The performance of traffic management systems with adaptive signals and smart parking systems reduces emissions from transportation. Urban areas are adopting electric vehicles and are promoting carpooling to create sustainable transportation systems that work with Intelligent Transportation System (ITS) to reduce environmental effects. These initiatives protect both the environment and public health through their pollution reduction efforts, which drive the implementation of traffic management systems.

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Top Traffic Management Companies includes :

• Cisco (US)
• Mundys SpA (Italy)
• SWARCO (Austria)
• Siemens (Germany)
• IBM (US)

The major vendors covered in traffic management market include Cisco (US), Mundys SpA (Italy), SWARCO (Austria), Siemens (Germany), IBM (US), Kapsch TrafficCom (Austria), Thales Group (France), Q-Free (Norway), PTV Group (Germany), Teledyne FLIR Systems Inc. (US), Cubic Corporation (US), TOMTOM (Netherlands), Huawei (China), ST Engineering (Singapore), ChevronTM (England), Indra Sistemas (Spain), and Econolite (US). These firms have used various growth methods, including partnerships, agreements, business expansions, collaborations, and the introduction of new products, to increase the prominence of the traffic management market.

Mundys SpA

Mundys SpA, previously known as Atlantia SpA, is an Italian holding company that constructs and operates motorways, airports, and transport infrastructure, parking areas, and intermodal systems worldwide, through its subsidiaries. It operates and manages approximately 9,125 kilometers of toll motorways and supports Italian motorway operators. The company manages, maintains, constructs, and widens related motorways operated under concession. It also operates and expands Rome's Fiumicino and Ciampino airports, as well as the airports of Nice, Cannes-Mandelieu, and Saint-Tropez.

Additionally, Mundys SpA engages in the design, project management, control, and maintenance of road and airport infrastructures. It operates toll payment systems, offers assistance and toll management services, and provides insurance brokerage and engineering services. The company also operates free-flow tolling, traffic and transport management, and electronic payment systems. In January 2022, the Company acquired Yunex Traffic from the Siemens Group. Yunex Traffic is the global leader in Intelligent Transport Systems (ITS) and Smart Mobility solutions, which specialize in developing and supplying integrated hardware and software platforms and solutions for the operators of smart and sustainable mobility infrastructure serving urban and out-of-town areas. Mundys SpA was formerly known as Atlantia SpA and changed its name to Mundys SpA in March 2023.

SWARCO

SWARCO is a family-owned company with over 50 years of experience in traffic management innovation. Its products and services aim to provide safe, fast, and hassle-free travel experience. The Austrian Traffic Technology Corporation produces and offers various products and services, including solutions for road marking, urban traffic management, parking management, and public transport. The company plans to create cooperative systems, infrastructure-to-vehicle communication, eMobility, and integrated software solutions for smart cities to manage traffic effectively. With a team of 4,000 traffic experts, the company shapes the traffic industry and provides value-added services to the digital world's travelers. The international group provides a complete range of products, systems, services, and solutions for road safety and intelligent traffic management. It specializes in traffic management and safety and provides various signals, displays, and lighting products. Services such as consultancy, planning, execution, system integration, installation, service, and maintenance are also provided. The company has a global presence, offering products and services in over 80 countries.

Cisco

Cisco (US) is a significant player in the Traffic Management Market, offering innovative networking, IoT, and AI-powered solutions to optimize traffic flow, reduce congestion, and increase road safety. The company provides smart traffic management systems that maximize urban mobility by combining real-time data analytics, edge computing, and cloud-based infrastructure. Cisco’s Connected Roadways and Smart City initiatives leverage AI, 5G, and automation to enhance traffic signal control, vehicle-to-infrastructure (V2I) communication, and predictive analytics, helping cities worldwide build efficient and sustainable transportation networks.

Siemens

Siemens (Germany) is a traffic management market leader, providing AI-driven, IoT-enabled, and cloud-based solutions to improve urban mobility and reduce congestion. Siemens Mobility offers intelligent traffic systems (ITS), adaptive traffic control, and smart intersection management to help improve traffic flow in real time. Siemens' Sitraffic® platform uses AI, 5G, and edge computing to enhance vehicle-to-infrastructure (V2I) communication, automated traffic signal control, and predictive analytics. By concentrating on sustainable and efficient transportation, Siemens is assisting cities around the world in transitioning to smart mobility ecosystems.

IBM

IBM (US) is a major player in the Traffic Management market, using AI, cloud computing, and IoT to improve urban mobility and minimize traffic congestion. The company optimizes road networks by providing real-time traffic analytics, predictive modeling, and AI-powered automation via IBM Watson and IoT-driven smart traffic solutions. IBM's Intelligent Transportation Systems (ITS) make use of big data, edge computing, and machine learning to improve traffic forecasting, incident management, and vehicle-to-infrastructure (V2I) communication. IBM is accelerating innovation in smart city traffic management by combining blockchain for safe data exchange and 5G for real-time monitoring.

Related Reports:

Traffic Management Market by Solution (Traffic Monitoring & Analytics, Adaptive Traffic Control, Traffic Enforcement Management, Incident Detection & Management) and End-User (Government, Private) - Global Forecast to 2029

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