New research from Research and Markets indicates that the overall traffic management market, which stands at a total revenue of US$2,580 million in 2013, is expected to grow to US$12.69 billion at a CAGR of 37.5 per cent from 2013 to 2018.
Traffic management reduces congestion and promotes a regular flow of traffic. Traffic management also proves to be money saving as it reduces the wastage of fuel. It decreases the carbon emissions from the vehicles and thus supports to keep our environment clean. Trans