Report Code: A13923 | Pages: NA | Mar 2023 | 1548 Views | ||
Author(s) : NA | Tables: NA | Charts: NA |
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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Traffic Monitoring Market
Request Now !Traffic monitoring is based on an active surveillance system that consistently monitors and controls traffic violations, prevents traffic collisions, proactively tracks potentially dangerous drivers, and reconstructs offline traffic accident situations. This system can capture data and gather GPS coordinates. They utilize different tools and techniques and strategies to monitor traffic. Rise in graph of accidents is raising concern across the globe about the development of more advanced traffic systems. The growing number of vehicles on road and continuously expanding road network is anticipated to boost the traffic monitoring system market.
COVID-19 Impact Analysis
Top Impacting Factors
Rise in government initiative to use traffic monitoring drive the market growth.
High cost associated with installation and maintenance of the traffic monitoring hinders the market.
Increase in urbanization in developing countries act as an opportunity for the global traffic monitoring market.
Market Trends
Rise in Demand for Traffic Analytic Software to Reduce Congestion
Key Benefits of the Report:
Questions Answered in the Traffic Monitoring Market Research Report:
Traffic Monitoring Market Report Highlights
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Key Market Players | Aimil Ltd., FLIR Systems Inc, InnoSenT – Innovative Radar Sensor Technology, SWARCO, IBM Corporation, Kapsch TrafficCom AG, LG CNS, Indra Sistemas, Cubic Corporation, Iteris, Inc., Cellint,, Metro Infrasys Pvt. Ltd. |
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