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/PRNewswire/ -- The "Global Road Safety Market by Solution (Red Light, Speed, Bus Lane, Section Enforcement, and ALPR/ANPR), Service (Consulting and Training,...
/PRNewswire/ -- The "Global Road Safety Market by Solution (Red Light, Speed, Bus Lane, Section Enforcement, and ALPR/ANPR), Service (Consulting and Training,...
Press release content from Business Wire. The AP news staff was not involved in its creation.
CHICAGO, March 3, 2022 /PRNewswire/ -- According to a new market research report, the "Road Safety Market by Solution (Red Light, Speed, Bus Lane, Section Enforcement, and ALPR/ANPR),
mandmMay 18, 2021 6 Road Safety Market by Solution (Red Light, Speed, Bus Lane, Section Enforcement, ALPR/ANPR), Service (Consulting and Training, System Integration and Deployment, and Support and Maintenance), and Region – Global Forecast to 2025 The global road safety market size is projected to grow from USD 3.0 billion in 2020 to USD 4.9 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 9.3% during the forecast period. Rising urban population and high demographic rates, rapid motorization, increasing number of road fatalities/accidents, and government initiatives for enhanc...