The global traffic management market size was worth USD 38.4 billion in 2022 and is estimated to grow to USD 98.1 billion by 2030, with a compound annual growth rate (CAGR) of approximately 12.5% over the forecast period.
Transportation is the life line of the any business and a country across the world. In last 5 years there has been significant increase in the need of healthy transportation that are less traffic obstruction and public safety due to growing sales of vehicles. Post mid-2021, this is further expected to affect the health of transportation system and increase the traffic obstruction and public safety in the countries that has high population density.
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