The global intelligent road systems market is estimated to grow at a significant CAGR during the forecast period. The intelligent road system is a proven way of reducing traffic congestion. It is a software application that is intended to give individualized transportation solutions. One of the primary market drivers for the intelligent road system market is the growing worry about traffic congestion. The intelligent road system provides real-time guidance to travellers regularly, allowing them to avoid traffic jams. In addition to this, the market for intelligent road systems is being boosted by the increased demand for road safety enhancements globally.
Get Free Sample link @ https://www.omrglobal.com/request-sample/intelligent-road-system
Increased traffic congestion as a result of population growth, the need to improve road safety as a result of increased traffic volumes, and the market’s need to adhere to technological advancements to develop their business and ensure timely deliveries are all factors driving the market’s growth. In July 2020, to provide a precise and accurate digital representation of several places in the Middle East economies, TomTom International B.V. and Transport Hi-Tech Consultants (THTC) have established a partnership to gain a better understanding of the region’s traffic patterns and to enable smart mobility.
full report of Intelligent Road System Market available @ https://www.omrglobal.com/industry-reports/intelligent-road-system
- Market Coverage
- Market number available for – 2025-2031
- Base year- 2025
- Forecast period- 2025-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Global Intelligent Road Systems Market by Segments
By type
- Wireless communication
- Computational technologies
- Floating car data/ floating cellular data
- Sensing technologies
- Others
By application
- Emergency vehicle notification systems
- Automatic road enforcement
- Variable speed limits
- Collision avoidance systems
- Others
Global Intelligent Road Systems Market by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East & Africa
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/intelligent-road-system
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404