Traffic Management Market Global Analysis & 2025 Forecast Report Traffic Management Market Global Analysis & 2025 F | Page 3
Traffic Management Market to 2025
Deployment of data analytical tools for real-time traffic management, and route guidance, JTM (Journey Time
Monitoring), etc., by travelers on mobile devices such as smartphones and tablets are emerging as the vital
functional areas that are increasing the usage of traffic management technology. Some of the limitations faced by
the traffic management market are lack of transformation and funding interruption. The alteration of the traffic
management technology would require the installation of new system, hardware and solutions. The emerging
numbers of smart cities and the IoT technology is expected to open new opportunities for the market.
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