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SemiconductorDevices

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The Traffic Management Market is evolving rapidly as cities and governments strive to reduce congestion, improve road safety, and enhance urban mobility. The increasing adoption of smart transportation systems, AI-driven analytics, and IoT-enabled traffic control solutions is revolutionizing how traffic is managed globally. With the rise of autonomous vehicles, connected infrastructure, and real-time traffic monitoring, the future of traffic management is becoming more data-driven and efficient.

Key Market Drivers
1. Growing Urbanization and Traffic Congestion
With rapid urbanization and