Global Traffic Management Market: Growth & Smart City Trends 2030

The global Traffic Management Market is projected to grow to $87.82 billion by 2030, expanding at a 13.8% CAGR, as rapid urbanization strains transportation infrastructure worldwide.
Click Here For FREE Sample!
Rural-to-urban migration for economic opportunities is creating overcrowded cities, exacerbating road congestion and necessitating advanced traffic management systems. These smart solutions are becoming critical for optimizing traffic flow, enhancing road safety, and supporting sustainable urban mobility amid growing vehicle numbers. The Asia-Pacific region dominates the market, with its large urban populations and escalating traffic volumes driving urgent demand for intelligent congestion management technologies.