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Smart traffic applications are handy, considering American cities like Chicago lose 155 hours annually to road congestion. These IoT systems collect vehicle data to determine where the jams are.
AI, IoT and computer vision bring their unique capabilities to the table to transform transportation networks and vehicles in smart cities in multiple ways.
The global smart transportation market is expected to grow from $108 billion in 2021 to $124.21 billion in 2022 at a compound annual growth rate (CAGR) of 15.01%.
Smart transportation relies on digital systems that process a huge amount of information in the form of images, videos, audio files, text-based information, GPS and GIS data, IoT sensor data and ...
The Smart Transportation Market size is estimated to grow from USD 120.4 Billion in 2023 to reach USD 310.65 Billion by 2030, growing at a CAGR of 14.50% during the forecast period from 2023 to 2030.
The Global Smart Transportation Market size is expected to reach $190. 6 billion by 20287, rising at a market growth of 9. 9% CAGR during the forecast period. Smart transportation IoT solutions, along ...
The Smart Transportation Market size is estimated to grow from USD 120.4 Billion in 2023 to reach USD 310.65 Billion by 2030, growing at a CAGR of 14.50% during the forecast period from 2023 to 2030.
BASINGSTOKE, England--(BUSINESS WIRE)--It is with great pleasure that Juniper Research announces the 2022 winners of the Future Digital Awards for Smart Cities & IoT Innovation. This year’s ...
By partnering with CDG, we're excited to offer a proprietary 3D perception solution that can be adaptable to a wide range of smart transportation and smart infrastructure applications,” said ...