About Network Occupancy Management Software
The network occupancy management software helps in managing the occupancy on roads, ensuring the coordination of activities on the network by automating the whole process. It includes all the planned activities for the adjustments of occupancy configuration to operate an efficient way. Growing traffic congestion levels are the main concern in populated areas of the world affecting the quality of life and the environment. The network occupancy management software records all the multiple-occupant vehicles' priority use of HOV (High-Occupancy Vehicle) lanes and allows the monitoring and control of traffic entries.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 9.4% |
The global market for Network Occupancy Management Software is consolidated in nature. Asia-Pacific region is estimated to hold a major share in the network hubs industry with rising growth in the forecast period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
BIMobject Inc. (United States), Bentley Systems, Incorporated (United States), Cisco Systems, Inc. (United States), Swarco AG (Austria), Lynred (Thales Group) (France), Kapsch Group (Austria), GreenWaves Technologies (France), Q-Free ASA (Norway), Axis Communications AB (Canon) (Sweden) and Condeco Group Ltd (United Kingdom) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Network Occupancy Management Software market by Type (Standalone Software and Integrated Software), Application (Residential, Workplace, Hospital and Others) and Region.
On the basis of geography, the market of Network Occupancy Management Software has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Deployment, the sub-segment i.e. Cloud-based will boost the Network Occupancy Management Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Features, the sub-segment i.e. Traffic Management will boost the Network Occupancy Management Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
The introduction of Artificial Intelligence Technology in Network Occupancy Management Software
Market Growth Drivers:
The Increasing Expansion in Urban Areas of the Developing Countries and Need for the Automation in Managing the Vehicle Traffic on Road
Challenges:
Stringent Regulatory Guidelines on Network Occupancy Management and Connectivity and Technology Issues
Restraints:
The requirement of Skilled Professionals in Network Occupancy Management Software
Opportunities:
Adoption of Multi-Modal Information and Payment Systems and Advancement in Technology of Network Occupancy Management Software
Market Leaders and their expansionary development strategies
In March 2024, Equinix, the largest global data center and colocation provider for enterprise network and cloud computing, is partnering with AI chipmaker Nvidia on a turnkey AI development platform. Charles Meyers, Equinix CEO, said in a recent earnings call that the company aims to make the platform “the place where private AI happens.”
On 25th Feb 2020, Lynred, and GreenWaves Technologies announced their collaboration on a new open-source Occupancy Management Reference Platform. This platform is intended for the connected buildings market, primarily for managing and optimizing workspace in offices.
Key Target Audience
Network Occupancy Management Software Developers, Industry Association, Highways Agency’s organisation, Regulatory Bodies, Research and Development Institutes and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.