According to MarketsandMarkets™, the global road safety market is set to rise from USD 6.69 billion in 2025 to USD 12.39 billion by 2030, at a CAGR of 13.1%. Increasing government regulations for road safety compliance, rising investments in smart transportation infrastructure, and the growing …
Major factors driving the road safety market include rising urban population and high demographic rates, rapid motorization, increasing number of road fatalities/accidents, and government initiatives for enhancing road safety. Managed services are considered important, as they are directly related to customer experience. These services help …
Road safety refers to the orderly development and management of roads for the provision of safer vehicles, and provides a comprehensive response to accidents. Road safety denotes protection of citizens by preventing accidents and other dangers on roadways. It ensures the safety of travelers, such …