Market by Component, Application, and Country Outlook | Forecast 2023-2030
Triton Market Research’s report concludes that the North America intelligent roadways transport management systems market would advance with a CAGR of 9.95% in the forecast period from 2023 to 2030.
The countries analyzed in
this region include:
• The United States
• Canada
Canada is estimated to be the fastest-growing
market regionally, over the projected period. Transport management authorities in North
America are competitive and passenger-centric, which raises the expectations
for more advanced transport management systems. Also, in the logistics sector,
transport is a major factor in ensuring the efficiency of the supply chain, as
professionals rely solely on transport modes to meet their delivery targets and
financial goals.
The replacement of the 25-year-old North American Free Trade Agreement
(NAFTA) by the United States-Mexico-Canada Agreement (USMCA) in January 2020 is
one of the key factors that is considered to positively disrupt the North
American intelligent highways transport management systems market.
This is anticipated to result in the development of more balanced,
reciprocal trade, which strengthens the North American economy and creates
high-paying jobs for its citizens. As a result, the nations involved are likely
to see an increase in the demand for transportation management solutions,
thereby bolstering the studied market.
In the United States, the market is anticipated to flourish over the
considered period, due to the government’s initiatives to deploy IRTMS,
including IoT-based traffic monitoring systems. In addition, the use of
real-time data-based traffic control strategies that also handle pollution
regulations, along with the integration of IRTMS with smart grids & other
energy distribution systems, are other factors expected to drive the market
growth in the country.
A cloud-based IRTMS solution is fully stored and available in the cloud
system and can be accessed from any location with an internet connection. This
way, data is continuously logged in between the cloud and various access
points. Cloud-based IRTMS solutions are most commonly preferred these days, and
are fast becoming the standard in the intelligent roadways transport management
systems market, given their numerous benefits.
Triton’s report assesses the market based on
component and application. Here,
the component segment comprises service, software, and hardware. Service is further sectioned into cloud management services and support and maintenance services.
The noteworthy players in the intelligent
roadways transport management systems market include MercuryGate International
Inc, Oracle Corporation, IBM Corporation, SAP SE, and Blue Yonder.
US-based MercuryGate International Inc has set the standards for the
most adaptable, comprehensive transportation solutions suite in the industry.
The company provides tools to manage every aspect of transportation management,
including sourcing and procurement, fleet management, carrier management,
business intelligence, and load optimization. Some of its offerings include
MercuryGate Carma and MercuryFleet. The company offers solutions to not only
improve transportation processes, but also increase customer satisfaction and
reduce costs. Founded in 2000, MercuryGate International is headquartered in
Cary, North Carolina.
Key deliverables of the report:
● Market CAGR during the forecasting years 2023-2030
● Detailed data highlighting key insights, industry components, and market strategies
● Comprehensive information and estimation of the intelligent roadways transport management systems market revenue growth in North America and its influence on the parent market
● In-depth study of forthcoming trends in consumer behavioral patterns
● A meticulous analysis of the competitive landscape, vendor scorecard, and Porter’s Five Forces Analysis Model
●
A wide-ranging study of factors that will challenge the North
America intelligent roadways transport management systems market’s growth
during the upcoming years
Want to get specific insights? Our team of analysts can customize this
report based on your preferences. Connect with us here.
1. NORTH
AMERICA INTELLIGENT ROADWAYS TRANSPORTATION MANAGEMENT SYSTEMS MARKET – SUMMARY
2. INDUSTRY
OUTLOOK
2.1. PARENT
MARKET ANALYSIS
2.2. PORTER’S
FIVE FORCES ANALYSIS
2.2.1. THREAT
OF NEW ENTRANTS
2.2.2. THREAT
OF SUBSTITUTES
2.2.3. BARGAINING
POWER OF BUYERS
2.2.4. BARGAINING
POWER OF SUPPLIERS
2.2.5. THREAT
OF COMPETITIVE RIVALRY
2.3. MARKET
MATURITY ANALYSIS
2.4. INDUSTRY
COMPONENTS
2.4.1. MANUFACTURERS
2.4.2. DISTRIBUTORS
2.4.3. CUSTOMERS
2.5. REGULATORY
FRAMEWORK
2.6. KEY
BUYING IMPACT ANALYSIS
2.6.1. PRODUCT
FEATURES
2.6.2. APPLICATIONS
2.6.3. SUPERIOR
TECHNOLOGY
2.7. KEY
MARKET STRATEGIES
2.7.1. COLLABORATIONS
2.7.2. PRODUCT
LAUNCHES
2.7.3. MERGERS
& ACQUISITIONS
2.7.4. BUSINESS
DIVESTITURES
2.8. MARKET
DRIVERS
2.8.1. GROWTH
IN THE E-COMMERCE INDUSTRY
2.8.2. NEED
FOR OPTIMIZATION OF SEVERAL KEY FUNCTIONS IN TRANSPORTATION
2.8.3. INTRODUCTION
OF NEW TECHNOLOGIES IN TRAFFIC MANAGEMENT
2.8.4. EFFECTIVE
SOLUTION FOR CHALLENGES ASSOCIATED WITH URBANIZATION AND POPULATION GROWTH
2.8.5. ABILITY
OF INTELLIGENT ROADWAYS TRANSPORTATION MANAGEMENT SYSTEMS TO REDUCE FUEL
CONSUMPTION
2.9. MARKET
CHALLENGE
2.9.1. HIGH
DEPLOYMENT COSTS AND TRADE-OFFS ASSOCIATED WITH INTELLIGENT TRANSPORTATION
MANAGEMENT SYSTEMS
2.10. MARKET
OPPORTUNITIES
2.10.1. DEVELOPMENT
OF CONNECTED CARS AROUND THE WORLD
2.10.2. INCREASE
IN SMART CITIES
2.10.3. INCREASING
ADOPTION OF ADVANCED PARKING MANAGEMENT SYSTEMS
2.10.4. USE
OF INTERNET OF THINGS (IOT) IN INTELLIGENT ROADWAYS TRANSPORT MANAGEMENT
SYSTEMS
2.10.5. DEVELOPMENT
OF GREEN FUEL-BASED VEHICLES
2.11. ANALYST
PERSPECTIVE
3. NORTH
AMERICA INTELLIGENT ROADWAYS TRANSPORTATION MANAGEMENT SYSTEMS MARKET – BY
COMPONENT
3.1. SOFTWARE
3.1.1. VIDEO
RECORDING SOFTWARE
3.1.2. SMART
TRAFFIC MANAGEMENT ANALYSIS SOFTWARE
3.1.3. DATABASE
MANAGEMENT SYSTEM SOFTWARE
3.1.4. POLLUTION
ANALYSIS SOFTWARE
3.1.5. OTHER
SOFTWARE COMPONENTS
3.2. SERVICE
3.2.1. CLOUD
MANAGEMENT SERVICES
3.2.2. SUPPORT
AND MAINTENANCE SERVICES
3.3. HARDWARE
3.3.1. INFORMATION
AND RULE DISPLAY SYSTEMS
3.3.2. SECURITY
AND SURVEILLANCE CAMERAS
3.3.3. ONT/OLT
DEVICES
3.3.4. LINE
WIRES
3.3.5. AUTOMATED
POS SYSTEMS
3.3.6. SENSORS
3.3.7. OTHER
HARDWARE COMPONENTS
4. NORTH
AMERICA INTELLIGENT ROADWAYS TRANSPORTATION MANAGEMENT SYSTEMS MARKET – BY
APPLICATION
4.1. AUTOMATED
TRAFFIC CONTROL
4.2. FLEET
MANAGEMENT
4.3. PASSENGER
INFORMATION MANAGEMENT
4.4. AUTOMATED
TICKETING
4.5. AUTOMATED
PARKING ASSISTANCE
4.6. OTHER
APPLICATIONS
5. NORTH
AMERICA INTELLIGENT ROADWAYS TRANSPORTATION MANAGEMENT SYSTEMS MARKET – COUNTRY
OUTLOOK
5.1. COUNTRY
ANALYSIS
5.1.1. UNITED
STATES
5.1.1.1. UNITED
STATES INTELLIGENT ROADWAYS TRANSPORTATION MANAGEMENT SYSTEMS MARKET FORECAST
& PROSPECTS
5.1.2. CANADA
5.1.2.1. CANADA
INTELLIGENT ROADWAYS TRANSPORTATION MANAGEMENT SYSTEMS MARKET FORECAST &
PROSPECTS
6. COMPETITIVE
LANDSCAPE
6.1. DENSO
CORPORATION
6.1.1. OVERVIEW
6.1.2. PRODUCT
PORTFOLIO
6.1.3. KEY
STRENGTHS
6.1.4. KEY
CHALLENGES
6.2. TATA
CONSULTANCY SERVICES (TCS) LTD
6.2.1. OVERVIEW
6.2.2. PRODUCT
PORTFOLIO
6.2.3. KEY
STRENGTHS
6.2.4. KEY
CHALLENGES
6.3. SAP
SE
6.3.1. OVERVIEW
6.3.2. PRODUCT
PORTFOLIO
6.3.3. KEY
STRENGTHS
6.3.4. KEY
CHALLENGES
6.4. ORACLE
CORPORATION
6.4.1. OVERVIEW
6.4.2. PRODUCT
PORTFOLIO
6.4.3. KEY
STRENGTHS
6.4.4. KEY
CHALLENGES
6.5. IBM
CORPORATION
6.5.1. OVERVIEW
6.5.2. PRODUCT
PORTFOLIO
6.5.3. KEY
STRENGTHS
6.5.4. KEY
CHALLENGES
6.6. MANHATTAN
ASSOCIATES INC
6.6.1. OVERVIEW
6.6.2. PRODUCT
PORTFOLIO
6.6.3. KEY
STRENGTHS
6.6.4. KEY
CHALLENGES
6.7. BLUE
YONDER
6.7.1. OVERVIEW
6.7.2. PRODUCT
PORTFOLIO
6.7.3. KEY
STRENGTHS
6.7.4. KEY
CHALLENGES
6.8. 3T
LOGISTICS AND TECHNOLOGY GROUP
6.8.1. OVERVIEW
6.8.2. PRODUCT
PORTFOLIO
6.8.3. KEY
STRENGTHS
6.8.4. KEY
CHALLENGES
6.9. MERCURYGATE
INTERNATIONAL INC
6.9.1. OVERVIEW
6.9.2. PRODUCT
PORTFOLIO
6.9.3. KEY
STRENGTHS
6.9.4. KEY
CHALLENGES
6.10. KUEBIX
LLC
6.10.1. OVERVIEW
6.10.2. PRODUCT
PORTFOLIO
6.10.3. KEY
STRENGTHS
6.10.4. KEY
CHALLENGES
7. RESEARCH
METHODOLOGY & SCOPE
7.1. RESEARCH
SCOPE & DELIVERABLES
7.2. SOURCES
OF DATA
7.3. RESEARCH
METHODOLOGY
TABLE 1: NORTH AMERICA
INTELLIGENT ROADWAYS TRANSPORTATION MANAGEMENT SYSTEMS MARKET, BY COUNTRY
OUTLOOK, 2023-2030 (IN $ MILLION)
TABLE 2: LIST OF
COLLABORATIONS
TABLE 3: LIST OF
PRODUCT LAUNCHES
TABLE 4: LIST OF
MERGERS & ACQUISITIONS
TABLE 5: LIST OF
DIVESTITURES
TABLE 6: NORTH AMERICA
INTELLIGENT ROADWAYS TRANSPORTATION MANAGEMENT SYSTEMS MARKET, BY COMPONENT,
2023-2030 (IN $ MILLION)
TABLE 7: NORTH AMERICA
INTELLIGENT ROADWAYS TRANSPORTATION MANAGEMENT SYSTEMS MARKET, BY SOFTWARE,
2023-2030 (IN $ MILLION)
TABLE 8: NORTH AMERICA
INTELLIGENT ROADWAYS TRANSPORTATION MANAGEMENT SYSTEMS MARKET, BY SERVICE,
2023-2030 (IN $ MILLION)
TABLE 9: NORTH AMERICA
INTELLIGENT ROADWAYS TRANSPORTATION MANAGEMENT SYSTEMS MARKET, BY HARDWARE,
2023-2030 (IN $ MILLION)
TABLE 10: NORTH AMERICA
INTELLIGENT ROADWAYS TRANSPORTATION MANAGEMENT SYSTEMS MARKET, BY APPLICATION,
2023-2030 (IN $ MILLION)
TABLE 11: NORTH AMERICA
INTELLIGENT ROADWAYS TRANSPORTATION MANAGEMENT SYSTEMS MARKET, BY COUNTRY
OUTLOOK, 2023-2030 (IN $ MILLION)
FIGURE 1: PARENT MARKET ANALYSIS OF INTELLIGENT ROADWAYS TRANSPORTATION
MANAGEMENT SYSTEMS
FIGURE 2: MARKET MATURITY ANALYSIS
FIGURE 3: INDUSTRY COMPONENTS
FIGURE 4: REGULATORY FRAMEWORK
FIGURE 5: KEY BUYING IMPACT ANALYSIS
FIGURE 6: PRODUCT FEATURES OF INTELLIGENT ROADWAYS TRANSPORT MANAGEMENT
SYSTEMS
FIGURE 7: NORTH AMERICA INTELLIGENT ROADWAYS TRANSPORTATION MANAGEMENT
SYSTEMS MARKET, BY COMPONENT, 2022 & 2030 (IN %)
FIGURE 8: NORTH AMERICA INTELLIGENT ROADWAYS TRANSPORTATION MANAGEMENT
SYSTEMS MARKET, BY SOFTWARE, 2023-2030 (IN $ MILLION)
FIGURE 9: NORTH AMERICA INTELLIGENT ROADWAYS TRANSPORTATION MANAGEMENT
SYSTEMS MARKET, BY SOFTWARE, 2022 & 2030 (IN %)
FIGURE 10: NORTH AMERICA INTELLIGENT ROADWAYS TRANSPORTATION MANAGEMENT
SYSTEMS MARKET, BY VIDEO RECORDING SOFTWARE, 2023-2030 (IN $ MILLION)
FIGURE 11: NORTH AMERICA INTELLIGENT ROADWAYS TRANSPORTATION MANAGEMENT
SYSTEMS MARKET, BY SMART TRAFFIC MANAGEMENT ANALYSIS SOFTWARE, 2023-2030 (IN $
MILLION)
FIGURE 12: NORTH AMERICA INTELLIGENT ROADWAYS TRANSPORTATION MANAGEMENT
SYSTEMS MARKET, BY DATABASE MANAGEMENT SYSTEMS SOFTWARE, 2023-2030 (IN $
MILLION)
FIGURE 13: NORTH AMERICA INTELLIGENT ROADWAYS TRANSPORTATION MANAGEMENT
SYSTEMS MARKET, BY POLLUTION ANALYSIS SOFTWARE, 2023-2030 (IN $ MILLION)
FIGURE 14: NORTH AMERICA INTELLIGENT ROADWAYS TRANSPORTATION MANAGEMENT
SYSTEMS MARKET, BY OTHER SOFTWARE COMPONENTS, 2023-2030 (IN $ MILLION)
FIGURE 15: NORTH AMERICA INTELLIGENT ROADWAYS TRANSPORTATION MANAGEMENT
SYSTEMS MARKET, BY SERVICE, 2023-2030 (IN $ MILLION)
FIGURE 16: NORTH AMERICA INTELLIGENT ROADWAYS TRANSPORTATION MANAGEMENT
SYSTEMS MARKET, BY SERVICE, 2022 & 2030 (IN %)
FIGURE 17: NORTH AMERICA INTELLIGENT ROADWAYS TRANSPORTATION MANAGEMENT
SYSTEMS MARKET, BY CLOUD MANAGEMENT SERVICES, 2023-2030 (IN $ MILLION)
FIGURE 18: NORTH AMERICA INTELLIGENT ROADWAYS TRANSPORTATION MANAGEMENT
SYSTEMS MARKET, BY SUPPORT AND MAINTENANCE SERVICES, 2023-2030 (IN $ MILLION)
FIGURE 19: NORTH AMERICA INTELLIGENT ROADWAYS TRANSPORTATION MANAGEMENT
SYSTEMS MARKET, BY HARDWARE, 2023-2030 (IN $ MILLION)
FIGURE 20: NORTH AMERICA INTELLIGENT ROADWAYS TRANSPORTATION MANAGEMENT
SYSTEMS MARKET, BY HARDWARE, 2022 & 2030 (IN %)
FIGURE 21: NORTH AMERICA INTELLIGENT ROADWAYS TRANSPORTATION MANAGEMENT
SYSTEMS MARKET, BY INFORMATION AND RULE DISPLAY SYSTEMS, 2023-2030 (IN $
MILLION)
FIGURE 22: NORTH AMERICA INTELLIGENT ROADWAYS TRANSPORTATION MANAGEMENT
SYSTEMS MARKET, BY SECURITY AND SURVEILLANCE CAMERAS, 2023-2030 (IN $ MILLION)
FIGURE 23: NORTH AMERICA INTELLIGENT ROADWAYS TRANSPORTATION MANAGEMENT
SYSTEMS MARKET, BY ONT/OLT DEVICES, 2023-2030 (IN $ MILLION)
FIGURE 24: NORTH AMERICA INTELLIGENT ROADWAYS TRANSPORTATION MANAGEMENT
SYSTEMS MARKET, BY LINE WIRES, 2023-2030 (IN $ MILLION)
FIGURE 25: NORTH AMERICA INTELLIGENT ROADWAYS TRANSPORTATION MANAGEMENT
SYSTEMS MARKET, BY AUTOMATED POS SYSTEMS, 2023-2030 (IN $ MILLION)
FIGURE 26: NORTH AMERICA INTELLIGENT ROADWAYS TRANSPORTATION MANAGEMENT
SYSTEMS MARKET, BY SENSORS, 2023-2030 (IN $ MILLION)
FIGURE 27: NORTH AMERICA INTELLIGENT ROADWAYS TRANSPORTATION MANAGEMENT
SYSTEMS MARKET, BY OTHER HARDWARE COMPONENTS, 2023-2030 (IN $ MILLION)
FIGURE 28: NORTH AMERICA INTELLIGENT ROADWAYS TRANSPORTATION MANAGEMENT
SYSTEMS MARKET, BY APPLICATION, 2022 & 2030 (IN %)
FIGURE 29: NORTH AMERICA INTELLIGENT ROADWAYS TRANSPORTATION MANAGEMENT
SYSTEMS MARKET, BY AUTOMATED TRAFFIC CONTROL, 2023-2030 (IN $ MILLION)
FIGURE 30: NORTH AMERICA INTELLIGENT ROADWAYS TRANSPORTATION MANAGEMENT
SYSTEMS MARKET, BY FLEET MANAGEMENT, 2023-2030 (IN $ MILLION)
FIGURE 31: NORTH AMERICA INTELLIGENT ROADWAYS TRANSPORTATION MANAGEMENT
SYSTEMS MARKET, BY PASSENGER INFORMATION MANAGEMENT, 2023-2030 (IN $ MILLION)
FIGURE 32: NORTH AMERICA INTELLIGENT ROADWAYS TRANSPORTATION MANAGEMENT
SYSTEMS MARKET, BY AUTOMATED TICKETING, 2023-2030 (IN $ MILLION)
FIGURE 33: NORTH AMERICA INTELLIGENT ROADWAYS TRANSPORTATION MANAGEMENT
SYSTEMS MARKET, BY AUTOMATED PARKING ASSISTANCE, 2023-2030 (IN $ MILLION)
FIGURE 34: NORTH AMERICA INTELLIGENT ROADWAYS TRANSPORTATION MANAGEMENT
SYSTEMS MARKET, BY OTHER APPLICATIONS, 2023-2030 (IN $ MILLION)
FIGURE 35: NORTH AMERICA INTELLIGENT ROADWAYS TRANSPORTATION MANAGEMENT
SYSTEMS MARKET, COUNTRY OUTLOOK, 2022 & 2030 (IN %)
FIGURE 36: UNITED STATES INTELLIGENT ROADWAYS TRANSPORTATION MANAGEMENT
SYSTEMS MARKET 2023-2030 (IN $ MILLION)
FIGURE 37: TRUCKING FLEET OF THE LEADING CANADIAN FOR-HIRE CARRIERS, BY
TYPE, IN 2021
FIGURE 38: CANADA INTELLIGENT ROADWAYS TRANSPORTATION MANAGEMENT SYSTEMS
MARKET 2023-2030 (IN $ MILLION)