LONDON--(BUSINESS WIRE)--Siemens ranks first in ABI Research’s latest competitive assessment evaluating Traffic Management Systems hardware, software, solution, and data providers. It performs strongly on innovation criteria across the board, with an extensive portfolio for traffic monitoring and video surveillance, operations and management centers, modelling and planning, intelligent traffic lights, digital signage, and dynamic tolling. It also scores high on implementation criteria such as regional coverage, market share, and quality, and reliability.
“Siemens forms part of a top three of ICT players also including IBM and Cisco, developing traffic management systems as new business development opportunities leveraging their IT, big data, communication, and machine vision assets. All three are also heavily involved in smart city projects and alliances such as the Smart Cities Council. However, while Siemens has a very strong hardware and systems offer, in the longer term, as the focus in traffic management shifts to big data, analytics, and cognitive capabilities in a wider IoT context, it will increasingly be challenged by runners-up IBM and Cisco,” says VP and Practice Director Dominique Bonte.
Behind the top three, dedicated ITS players such as Kapsch are investing heavily in traffic management technology, having acquired Transdyn in 2014 and continuing to diversify away from its core Electronic Toll Collect business. Beyond this, a level playing field of a long tail of smaller vendors are competing for market share, often operating more locally, offering traffic management systems as a secondary solution, or providing only specific components of traffic management systems such as simulation and analytics tools.
These findings are part of ABI Research’s Smart Transportations Market Research (https://www.abiresearch.com/market-research/service/intelligent-transportation-systems/) which covers V2X, ETC, traffic management systems, ITS, multimodal transportation, and electric vehicles.
ABI Research provides in-depth analysis and quantitative forecasting of trends in global connectivity and other emerging technologies. From offices in North America, Europe and Asia, ABI Research’s worldwide team of experts advises thousands of decision makers through 70+ research and advisory services. Est. 1990. For more information visit www.abiresearch.com, or call +1.516.624.2500.
