The Smart Traffic Camera Global Market Report 2023, provides comprehensive information on the smart traffic camera market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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As per The Business Research Company’s Smart Traffic Camera Global Market Report 2023, the global smart traffic camera market size is expected to grow from $10.56 billion in 2022 to $12.15 billion in 2023, at a compound annual growth rate (CAGR) of 15.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The smart traffic camera market size is expected to grow to $21.17 billion in 2027 at a CAGR of 14.9%.
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The smart traffic camera market is segmented:
1) By Component: Hardware, Software, and Service
2) By Camera Type: Fixed Cameras, Mobile Speed Camera, Red Light Camera, Surveillance Camera, Traffic Monitoring Camera, ANPR Camera, Other Camera Types
3) By Deployment Model: Traffic Monitoring, Traffic Enforcement
4) By Application: Surveillance And Traffic Management, Toll Management, Other Applications
North America was the largest region in the smart traffic camera market in 2022.
The table of contents in TBRC’s smart traffic camera market report includes:
- Executive Summary
- Smart Traffic Camera Market Characteristics
- Smart Traffic Camera Market Trends And Strategies
- Smart Traffic Camera Market – Macro Economic Scenario
- Smart Traffic Camera Market Size And Growth
- Smart Traffic Camera Market Segmentation
- Smart Traffic Camera Market Regional And Country Analysis
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- Smart Traffic Camera Market Competitive Landscape And Company Profiles
- Key Mergers And Acquisitions In The Smart Traffic Camera Market
- Smart Traffic Camera Market Future Outlook and Potential Analysis
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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