Road Safety Market Size, Investments, Share, Merger, Acquisition

Jonytoal29 Apr, 2024Business

According to a new market research report, the "Road Safety Market by Solution (Red Light, Speed, Bus Lane, Section Enforcement, and ALPR/ANPR), Service (Consulting and Training, System Integration and Deployment, and Support and Maintenance) and Region - Global Forecast to 2026", published by MarketsandMarkets™, the global Road Safety market size is expected to grow USD 3.7 billion in 2021 to USD 5.8 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 9.6% during the forecast period. The increasing number of road accidents and fatalities drives the need for the deployment of road safety solutions.

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