Global Smart Highway Market: Industry Analysis and Forecast (2019-2027)

Based on technology, the smart highway market is segmented as smart transport management system, smart traffic management system, smart communication system, and smart monitoring system. Increase in population and the need for constructing robust and intelligent transportation management system segment has led to the evolution of smart highways. Electronic toll collection along with lane departure warning and automatic number plate recognition is the latest technological advancements which have catalyzed the growth of smart highway networks across the world.

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