Q-Free

Traffic Management Market worth $72.5 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Wednesday, December 6, 2023

The route guidance & route optimization segment contributed the largest market share in the Traffic Management Market during the forecast period.

Key Points: 
  • The route guidance & route optimization segment contributed the largest market share in the Traffic Management Market during the forecast period.
  • An Adaptive Traffic Control System (ATCS) is a sophisticated traffic management solution designed to dynamically respond to real-time traffic conditions and optimize signal timings at intersections.
  • To analyze each submarket with respect to individual growth trends, prospects, and contributions to the overall Traffic Management Market.
  • To analyze the opportunities in the market for stakeholders by identifying the high-growth segments of the Traffic Management Market.

Traffic Management Market worth $72.5 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Wednesday, December 6, 2023

The route guidance & route optimization segment contributed the largest market share in the Traffic Management Market during the forecast period.

Key Points: 
  • The route guidance & route optimization segment contributed the largest market share in the Traffic Management Market during the forecast period.
  • An Adaptive Traffic Control System (ATCS) is a sophisticated traffic management solution designed to dynamically respond to real-time traffic conditions and optimize signal timings at intersections.
  • To analyze each submarket with respect to individual growth trends, prospects, and contributions to the overall Traffic Management Market.
  • To analyze the opportunities in the market for stakeholders by identifying the high-growth segments of the Traffic Management Market.

Guardian Smart Infrastructure Management Announces First Direct Infrastructure Investment

Retrieved on: 
Tuesday, September 26, 2023

TORONTO, Sept. 26, 2023 (GLOBE NEWSWIRE) -- Guardian Capital Group Limited (Guardian) (TSX:GCG) (TSX:GCG.A) announced today that Guardian Smart Infrastructure Management (GSIM), its direct private infrastructure investment management subsidiary, has made its initial infrastructure investment.

Key Points: 
  • TORONTO, Sept. 26, 2023 (GLOBE NEWSWIRE) -- Guardian Capital Group Limited (Guardian) (TSX:GCG) (TSX:GCG.A) announced today that Guardian Smart Infrastructure Management (GSIM), its direct private infrastructure investment management subsidiary, has made its initial infrastructure investment.
  • Funding for the initial investment and proposed follow-on investments was provided by Guardian and the GSIM management team for a total initial commitment of US$100 million.
  • Guardian CEO George Mavroudis said, “We formed our infrastructure strategy to invest in the growing number of opportunities where digital and traditional infrastructure are converging.
  • “The Q-Free investment is an important first step in our strategy of investment in the Intelligent Transportation Systems market.

Nel ASA: Håkon Volldal starts as new CEO of Nel today

Retrieved on: 
Friday, July 1, 2022

OSLO, Norway, July 1, 2022 /PRNewswire/ -- Today, Hkon Volldal starts as the new CEO of Nel, while Jon Andr Lkke enters the company's Board of Directors.

Key Points: 
  • OSLO, Norway, July 1, 2022 /PRNewswire/ -- Today, Hkon Volldal starts as the new CEO of Nel, while Jon Andr Lkke enters the company's Board of Directors.
  • "I have looked forward to this day for a long time," says Nel's new CEO Hkon Volldal.
  • Volldal has CEO experience from Q-Free, a publicly listed company that develops solutions for tolling and traffic management.
  • Nel's resigning CEO, Jon Andr Lkke, is convinced Volldal has the leadership capabilities necessary for Nel to reach its full potential.

Intelligent Traffic Management System Market size worth $ 19.91 Billion, Globally, by 2028 at 10.1% CAGR: Verified Market Research®

Retrieved on: 
Thursday, November 25, 2021

JERSEY CITY, N.J., Nov. 25, 2021 /PRNewswire/ -- Verified Market Research recently published a report, " Intelligent Traffic Management System Market " By Solution (Traffic Monitoring System, Traffic Signal Control System, Traffic Enforcement Cameras), By Spender Type (Infrastructure Enterprises & PPPs, Federal & Provincial Government, Industries & Commercial Enterprise), By Components (Traffic Controllers & Signals, Surveillance Cameras, Video Walls), and By Geography.

Key Points: 
  • JERSEY CITY, N.J., Nov. 25, 2021 /PRNewswire/ -- Verified Market Research recently published a report, " Intelligent Traffic Management System Market " By Solution (Traffic Monitoring System, Traffic Signal Control System, Traffic Enforcement Cameras), By Spender Type (Infrastructure Enterprises & PPPs, Federal & Provincial Government, Industries & Commercial Enterprise), By Components (Traffic Controllers & Signals, Surveillance Cameras, Video Walls), and By Geography.
  • According to Verified Market Research, the Global Intelligent Traffic Management System Market size was valued at USD 9.22 Billion in 2020 and is projected to reach USD 19.91 Billion by 2028, growing at a CAGR of 10.1% from 2021 to 2028.
  • The factors such as the dearth of skilled professionals in governments to achieve the right combination of solutions for smart traffic management inhibits the growth of the Intelligent Traffic Management System Market.
  • Verified Market Research has segmented the Global Intelligent Traffic Management System Market On the basis of Solution, Spender Type, Components, and Geography.

Intelligent Traffic Management System Market size worth $ 19.91 Billion, Globally, by 2028 at 10.1% CAGR: Verified Market Research®

Retrieved on: 
Thursday, November 25, 2021

JERSEY CITY, N.J., Nov. 25, 2021 /PRNewswire/ -- Verified Market Research recently published a report, "Intelligent Traffic Management System Market" By Solution (Traffic Monitoring System, Traffic Signal Control System, Traffic Enforcement Cameras), By Spender Type (Infrastructure Enterprises & PPPs, Federal & Provincial Government, Industries & Commercial Enterprise), By Components (Traffic Controllers & Signals, Surveillance Cameras, Video Walls), and By Geography. According to Verified Market Research, the Global Intelligent Traffic Management System Market size was valued at USD 9.22 Billion in 2020 and is projected to reach USD 19.91 Billion by 2028, growing at a CAGR of 10.1% from 2021 to 2028.

Key Points: 
  • JERSEY CITY, N.J., Nov. 25, 2021 /PRNewswire/ -- Verified Market Research recently published a report, " Intelligent Traffic Management System Market " By Solution (Traffic Monitoring System, Traffic Signal Control System, Traffic Enforcement Cameras), By Spender Type (Infrastructure Enterprises & PPPs, Federal & Provincial Government, Industries & Commercial Enterprise), By Components (Traffic Controllers & Signals, Surveillance Cameras, Video Walls), and By Geography.
  • According to Verified Market Research, the Global Intelligent Traffic Management System Market size was valued at USD 9.22 Billion in 2020 and is projected to reach USD 19.91 Billion by 2028, growing at a CAGR of 10.1% from 2021 to 2028.
  • The factors such as the dearth of skilled professionals in governments to achieve the right combination of solutions for smart traffic management inhibits the growth of the Intelligent Traffic Management System Market.
  • Verified Market Research has segmented the Global Intelligent Traffic Management System Market On the basis of Solution, Spender Type, Components, and Geography.

Cubic Transportation Systems Joins #FREEtheMIBS Campaign in Historic Industry Breakthrough

Retrieved on: 
Tuesday, November 16, 2021

Cubic Corporation today announced that it is joining the #FREEtheMIBS movement and releasing its management information bases (MIBs) to the transportation industry to permit improved system integration.

Key Points: 
  • Cubic Corporation today announced that it is joining the #FREEtheMIBS movement and releasing its management information bases (MIBs) to the transportation industry to permit improved system integration.
  • Cubic, with a significant install base of Trafficware traffic signal controllers, is the third of six major controller manufacturers in the United States to join the campaign.
  • Jeff Price, vice president and general manager of ITS at Cubic Transportation Systems, said, Joining FREEtheMIBs is a big step for us and not something we take lightly.
  • This is a breakthrough for FREEtheMIBS and a tipping point for the industry, moving them toward open standards.

Traffic Management Market worth $61.9 Billion by 2026 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Wednesday, August 11, 2021

Traffic management solutions ensure that every traffic control center gets coupled to subsystems, such as traffic light systems and other detection devices, to establish a proper integration of traffic control systems.

Key Points: 
  • Traffic management solutions ensure that every traffic control center gets coupled to subsystems, such as traffic light systems and other detection devices, to establish a proper integration of traffic control systems.
  • Video analysis is a well-established technology in the traffic management system for traffic incident monitoring.
  • Traffic Management Systems assists in organizing, managing, and coordinating Traffic operations from a centralized information system.
  • Europe is expected to hold the largest market size in the global Traffic Management Market during the forecast period.

Traffic Management Market worth $61.9 Billion by 2026 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Wednesday, August 11, 2021

Traffic management solutions ensure that every traffic control center gets coupled to subsystems, such as traffic light systems and other detection devices, to establish a proper integration of traffic control systems.

Key Points: 
  • Traffic management solutions ensure that every traffic control center gets coupled to subsystems, such as traffic light systems and other detection devices, to establish a proper integration of traffic control systems.
  • Video analysis is a well-established technology in the traffic management system for traffic incident monitoring.
  • Traffic Management Systems assists in organizing, managing, and coordinating Traffic operations from a centralized information system.
  • Europe is expected to hold the largest market size in the global Traffic Management Market during the forecast period.

Electronic Toll Collection Market Worth $10.7 Billion by 2023 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Monday, November 26, 2018

According to the new market research report " Electronic Toll Collection Market by Technology (RFID, DSRC, & Others (ANPR/ALPR, and Satellite-Based)), Offering (Hardware, and Back Office and Other Services), Application (Highways and Urban Areas), Type, and Region - Global Forecast to 2023", published by MarketsandMarkets, the overall Electronic Toll Collection (ETC) market is expected to grow from USD 7.1 billion in 2018 to USD 10.7 billion by 2023, at a CAGR of 8.54%.

Key Points: 
  • According to the new market research report " Electronic Toll Collection Market by Technology (RFID, DSRC, & Others (ANPR/ALPR, and Satellite-Based)), Offering (Hardware, and Back Office and Other Services), Application (Highways and Urban Areas), Type, and Region - Global Forecast to 2023", published by MarketsandMarkets, the overall Electronic Toll Collection (ETC) market is expected to grow from USD 7.1 billion in 2018 to USD 10.7 billion by 2023, at a CAGR of 8.54%.
  • Don't miss out on business opportunities in Electronic Toll Collection Market.
  • ETC systems have been playing a crucial role in collecting a toll on highways, tunnels, and bridges wherein conventional or manual toll collection has been transitioning to all-electronic tolling (AET) and high-tech transportation systems.
  • TransCore (US), Q-Free (Norway), and Star Systems International (Hong Kong) are the major companies that offer transponders for electronic toll collection.