The global adaptive traffic control system market was sized at over four billion U.S. dollars in 2020. It is projected that in 2028, this market will reach the size of over 15 billion U.S. dollars, growing at a steady CAGR of some 17 percent.
Size of the global adaptive traffic control system market from 2020 to 2028
(in billion U.S. dollars)
* Estimate.
** Forecast.
The values have been rounded.
For the Statista estimate an exponential development of the values between 2020 and 2028 was assumed to estimate the annual values. The values for 2020 and 2028 were provided by the source.
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Statista. (May 21, 2021). Size of the global adaptive traffic control system market from 2020 to 2028 (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1238495/global-adaptive-traffic-control-system-market-size/
Statista. "Size of the global adaptive traffic control system market from 2020 to 2028 (in billion U.S. dollars)." Chart. May 21, 2021. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1238495/global-adaptive-traffic-control-system-market-size/
Statista. (2021). Size of the global adaptive traffic control system market from 2020 to 2028 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1238495/global-adaptive-traffic-control-system-market-size/
Statista. "Size of The Global Adaptive Traffic Control System Market from 2020 to 2028 (in Billion U.S. Dollars)." Statista, Statista Inc., 21 May 2021, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1238495/global-adaptive-traffic-control-system-market-size/
Statista, Size of the global adaptive traffic control system market from 2020 to 2028 (in billion U.S. dollars) Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1238495/global-adaptive-traffic-control-system-market-size/ (last visited November 10, 2024)
Size of the global adaptive traffic control system market from 2020 to 2028 (in billion U.S. dollars) [Graph], Statista, May 21, 2021. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1238495/global-adaptive-traffic-control-system-market-size/
