Mexico Intelligent Traffic Management System Market Size & Outlook
Mexico intelligent traffic management system market, 2018-2030 (US$M)
Related Markets
Mexico intelligent traffic management system market highlights
- The Mexico intelligent traffic management system market generated a revenue of USD 179.2 million in 2023 and is expected to reach USD 514.5 million by 2030.
- The Mexico market is expected to grow at a CAGR of 16.3% from 2024 to 2030.
- In terms of segment, solution was the largest revenue generating component in 2023.
- Services is the most lucrative component segment registering the fastest growth during the forecast period.
Intelligent traffic management system market data book summary
| Market revenue in 2023 | USD 179.2 million |
| Market revenue in 2030 | USD 514.5 million |
| Growth rate | 16.3% (CAGR from 2023 to 2030) |
| Largest segment | Solution |
| Fastest growing segment | Services |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Solution, Services |
| Key market players worldwide | Thales, International Business Machines Corp, Portland General Electric Co, Siemens AG, TomTom NV, Q-Free ASA Ordinary Shares, Transcore, Cubic Corporation, Atkins, Kapsch Group |
Other key industry trends
- In terms of revenue, Mexico accounted for 1.6% of the global intelligent traffic management system market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil intelligent traffic management system market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 674.5 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Intelligent Traffic Management System Market Scope
Intelligent Traffic Management System Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Mexico intelligent traffic management system market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to intelligent traffic management system market will help companies and investors design strategic landscapes.
Solution was the largest segment with a revenue share of 64.06% in 2023. Horizon Databook has segmented the Mexico intelligent traffic management system market based on solution, services covering the revenue growth of each sub-segment from 2018 to 2030.
- Mexico Intelligent Traffic Management System Component Outlook (Revenue, USD Million, 2018-2030)
- Solution
- Traffic Monitoring System
- Traffic Signal Control System
- Traffic Enforcement Camera
- Integrated Corridor Management
- Intelligent Driver Information System
- Traffic Analytics
- Other
- Services
- Professional Services
- Design and Implementation
- Consulting
- Support and Maintainance
- Training and Education
- Managed Services
- Professional Services
- Solution
Reasons to subscribe to Mexico intelligent traffic management system market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Mexico intelligent traffic management system market databook
-
Our clientele includes a mix of intelligent traffic management system market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Mexico intelligent traffic management system market , including forecasts for subscribers. This country databook contains high-level insights into Mexico intelligent traffic management system market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Mexico intelligent traffic management system market size, by component, 2018-2030 (US$M)
Mexico Intelligent Traffic Management System Market Outlook Share, 2023 & 2030 (US$M)
Related industry reports
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
