Global Industry Analysis and Forecast (2024-2030) Trends, Statistics, Dynamics, Segment Analysis by

Continuously increasing traffic flow causes traffic congestion and jams, increasing transportation costs and impacting people's daily lives. An intelligent traffic management system enables users to be better informed and to use transportation networks in a safer, more coordinated, efficient, and smarter manner. Intelligent Traffic Management System (ITMS) applies communication and information technology to the management of traffic, vehicles, users, and road infrastructure. To increase the effectiveness of road transportation and traffic management, ITMS offers a helpful interface with other modes of transportation, which increases demand for the Intelligent Traffic Management Market.