Traffic stopper: An expanding economy will boost industry growth

Over the five years to 2018, revenue for the Real-Time Traffic Information Providers industry is expected to increase. The industry has benefited from an increasing number of vehicles equipped with real-time traffic global-positioning systems (GPS) and a rising number of mobile internet connections. The proliferation of smartphones has primarily driven industry growth over the past five years. The ability to check traffic in real time, any time, has caused more consumers to rely on industry services. Over the five years to 2023, industry revenue is forecast to increase. Consumers will likely purchase more cars that are equipped with real-time traffic GPS navigation systems as the economy continues to expand and per capita disposable income rises...purchase to read more.

Industry Statistics & Market Size
Revenue
$3bn
Annual Growth 13-18
13.4%
Forecast Growth 18-23
Profit
Employment
10,057
Businesses
146
Market Share of Companies

Industry Threats & Opportunities

  • Industry operators will benefit from an ever-increasing network of crowdsourced information
  • Investment in the development of self-driving cars has hit an all-time high
  • While the industry is anticipated to continue growing, revenue growth is expected to decelerate
  • Industry Report - Industry Investment Chapter

    The industry has a low level of capital intensity. In 2018, real-time traffic information providers are expected to invest $0.05 of capital for every dollar spent on labor. Traditional methods of collecting information require sensors on or in the road to record data, which can generate some costs and increase capital expenditure; however, the industry does not solely rely on this technology. Floating car data (FCD) systems, including global positioning systems and cellular-based systems, are part of a growing market, which require a low level of capital investment. These systems do not need special infrastructure on the road or special devices in cars, making it less expensive than conventional detectors. Mor...purchase to read more.

    Additional Insights for the Real-Time Traffic Information Providers Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Real-Time Traffic Information Providers Industry are

  • Ability to provide traffic information in diverse locations
  • Provision of accurate information
  • Ability to quickly adopt new technology
  • IBISWorld analysts also discuss how external factors such as Number of mobile internet connections and Per capita disposable income in the Real-Time Traffic Information Providers industry impact industry performance..

    shopping_cartPURCHASE OPTIONS

    What's in this report

    What is the Real-Time Traffic Information Providers Industry?

    This industry provides real-time traffic information for GPS systems and location-based service applications.

    Industry Products
  • Traffic and routing data for in-car GPS systems
  • Traffic and routing data for mobile devices
  • Traffic and routing data for websites
  • Industry Activities
  • Traffic information and routing for in-car GPS navigation systems
  • Traffic information and routing apps for GPS-enabled mobile devices
  • Public-facing traffic information for informal travel agencies
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Number of mobile internet connections
  • Per capita disposable income
  • Total vehicle miles
  • Average age of vehicle fleet

  • Current Performance
  • Driving growth
  • Industry structure
  • Self-driving cars
  • Profitability
  • Chart: Revenue Growth

  • Industry Outlook
  • Continued growth
  • Alternative opportunities
  • Table: Real-Time Traffic Information Providers Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Real-Time Traffic Information Providers Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Communication Equipment Manufacturing
  • Software Publishing

  • Key Selling Industries
  • Surveying & Mapping Services
  • Wireless Telecommunications Carriers

  • Products & Services
  • Traffic and routing data for in-car GPS systems
  • Traffic and routing data for websites
  • Traffic and routing data for mobile devices
  • Chart: Real-Time Traffic Information Providers Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Internet and media companies
  • Public sector
  • Mobile application developers
  • Car manufacturers
  • Fleet managers
  • Chart: Major Market Segmentation for the Real-Time Traffic Information Providers Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Wages
  • Purchases
  • Other
  • Chart: Cost Structure Benchmarking – Sector vs Real-Time Traffic Information Providers

  • Basis of Competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Real-Time Traffic Information Providers Industry

  • Industry Globalization
    Here Technologies,
  • Table: Here Technologies - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Real-Time Traffic Information Providers Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Real-Time Traffic Information Providers Industry
    Includes:
  • Industry Revenue (2009-2023)
  • Industry Gross Product (2009-2023)
  • Establishments (2009-2023)
  • Businesses (2009-2023)
  • Employment (2009-2023)
  • Wages (2009-2023)
  • Number of mobile internet connections (2009-2023)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Crowdsourcing
  • Sourcing information from multiple data points, directly from users.
  • Floating Car Data (Fcd)
  • The collection of data from mobile phones or GPS to help accurately determine real-time traffic information.
  • Global Positioning System (Gps)
  • A system used in many cars and smartphones that transmits location information using satellite communication.
  • Location Based Service (Lbs)
  • Computer programs and services that use location based data to control product features.
  • What Our Customers Say

    Why buy this report?

    The Real-Time Traffic Information Providers industry market report contains strategic analysis of the key drivers influencing the industry. Save hours of time on research and prospecting using IBISWorld’s standardized, up-to-date reports on thousands of industries. Our industry research provides growth and profit forecasts for a five-year outlook period, presented in a clear and user-friendly format.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Real-Time Traffic Information Providers:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Real-Time Traffic Information Providers market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Real-Time Traffic Information Providers, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

    Contact Us

    Want to speak to a representative? Call us.

    clear