ao link

News

AI-based platform aims to accelerate MaaS in Japan

AI-based platform aims to accelerate MaaS in Japan

Tampa Bay Metro region deploys public LoRaWAN network

Tampa Bay Metro region deploys public LoRaWAN network

News

San Diego launches tool to encourage citizen participation in decision-making

San Diego launches tool to encourage citizen participation in decision-making

Report outlines 15 actions for cities to tackle climate change

Report outlines 15 actions for cities to tackle climate change

News

Toronto to produce renewable natural gas from green bin waste

Toronto to produce renewable natural gas from green bin waste

London mixed-use regeneration site set to be UK's first fossil fuel free development

London mixed-use regeneration site set to be UK's first fossil fuel free development

News

AI-based platform aims to accelerate MaaS in Japan

AI-based platform aims to accelerate MaaS in Japan

Porto introduces contactless transit ticketing

Porto introduces contactless transit ticketing

News

London mixed-use regeneration site set to be UK's first fossil fuel free development

London mixed-use regeneration site set to be UK's first fossil fuel free development

Plans unveiled to turn National Landing site into 5G-powered smart city

Plans unveiled to turn National Landing site into 5G-powered smart city

You are viewing 1 of 1 articles without an email address.


All our articles are free to read, but complete your details for free access to full site!

Already a Member?
Login Join us now

Smart traffic tech to save cities $277bn by 2025

A Juniper Research study reveals this will be achieved by reducing emissions and congestion globally with smart intersections identified as the key technology behind savings.

LinkedInTwitterFacebook
V2X tech is critical to the enhancement of existing smart traffic management services
V2X tech is critical to the enhancement of existing smart traffic management services

Smart traffic management systems are forecast to save cities $277bn, by reducing emissions and congestion globally by 2025, according to new research.

 

The study from Juniper Research identified smart intersections as the key technology behind these savings (rising from $178bn in 2021), by enabling a reduction of 33 hours of time spent in traffic per annum per motorist by 2025.

 

AI-based automation

 

Smart intersections include areas of high traffic that leverage connectivity and AI-based automation to monitor and manage traffic flow based on real-time data to reduce the time wasted by road congestion.

 

The report, Smart Traffic Management: Technologies, Use Cases & Market Forecasts 2021-2025 predicts that more than 95 per cent of the $277bn savings will be attributable to congestion reduction.

 

North America and Europe are anticipated to account for over 75 per cent of all savings, owing to their increasing investment into smart traffic management and the high vehicle usage in these regions, the report finds.

 

The research also contends that vehicle-to-everything (V2X) technologies are critical to the enhancement of existing smart traffic management services. V2X leverages cellular connectivity to enable vehicles and smart traffic infrastructure to communicate information.

North America and Europe are anticipated to account for over 75 per cent of all savings, owing to their increasing investment into smart traffic management and the high vehicle usage in these regions

It predicts that V2X connectivity will enable smart traffic management platforms to gather data directly from vehicles, rather than relying on traditional traffic actuation methods. In turn, stakeholder collaboration will enable the integration of various automotive services into smart traffic management, providing enhanced convenience for vehicles utilising smart parking services.

 

Additionally, the report forecasts that investment into smart parking will reach $1bn by 2025, rising from $460m in 2021. It anticipates that smart parking vendors will focus on the connectivity between parking sensors, management platforms and end users, and urges vendors to focus on smart displays that provide relevant and up-to-date parking availability information to road users in a safe manner.

 

Juniper Research provides research and analytical services to the global hi-tech communications sector, providing consultancy, analyst reports, and industry commentary.

 

You might also like:

LinkedInTwitterFacebook
Add New Comment
You must be a member if you wish to add a comment - why not join for free - it takes just 60 seconds!