Road Safety Market Size worth $4.9 billion by 2025

Road safety market categorizes the global market by solution as red light, speed, bus lane & section enforcement, ALPR/ANPR, and incident detection & response, by service as consulting & training, support & maintenance, and managed, and by region

The global road safety market size is expected to grow from USD 2.76 Billion in 2018 to USD 4.41 Billion by 2023, at a Compound Annual Growth Rate (CAGR) of 9.8% during the forecast period. The market is expected to be driven by rapid urbanization, increa

The road safety market size is expected to grow from USD 2.60 Billion in 2016 to USD 4.06 Billion by 2021, at a Compound Annual Growth Rate (CAGR) of 9.3% during the forecast period.