Road Safety Market Technology, Process, Solutions, Sales
The global Road Safety market is expected to grow from 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, according to a new report by MarketsandMarkets?. 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 as pedestrians, cyclists, motorists, and passengers traveling through built-up urban streets, non-built-up rural roads, and major highways.
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