Industry Analysis & Industry Trends
Driving forward
The Real-Time Traffic Information Providers industry will be characterized by strong demand and significant revenue growth over the next five years. Several advancements have benefited the industry during the past five years, including an increasing number of vehicles with GPS systems and an expanding number of mobile phones with internet technology. These areas of growth will continue to bolster revenue, as operators increasingly rely on crowdsourced information and offer value-added services.... purchase to read more
Industry Report - Industry Investment Chapter
The industry has a moderate level of capital intensity. Real-time traffic information providers typically invest 23 cents of capital for every dollar spent on labor, which accounts for 29.9% of revenue in 2011. Industry employees perform a range of activities, including maintenance, analysis and IT work; however, firms make capital investments for equipment used to establish their systems and operations. Traditional methods of collecting information require sensors on or in the road to record data, which can generate some costs; however, the industry does not solely rely on this technology. Floating car data (FCD) systems, including GPS and cellular-based systems, are part of a growing market, which require a low level of capital investment... purchase to read more