Smart Traffic Market to Boom - Global Trailer

Smart traffic market to boom - Global Trailer

The global smart traffic management sector is set to boom. Image: Mahamad/stock.adobe.com.The global smart traffic management market is expected to grow by 37 per cent over the next two years, according to a new UK report.  The Global Smart Traffic Management Market 2025-2030 report, by Juniper Research, has forecast the market to grow from its current value of almost $15 billion to be worth $20 Billion by 2027. The market is predicted to grow b…

Smart Traffic Management Market Surges Ahead Of Sustainability Push

A Juniper Research study has revealed that the global smart traffic management market is projected to grow by 37% over the next two years, reaching approximately $20 billion by 2027, up from nearly $15 billion in 2025. The growth is primarily driven by rapid urbanisation in emerging markets and a strong focus on sustainability, despite the economic pressures and interoperability challenges associated with legacy systems. The findings highlight t…