The global road safety market is expected to grow at a CAGR of around 12.1% during 2024-2033. This report on global road safety market report provides holistic understanding of the market along with market sizing, forecast, drivers, challenges, and competitive landscape. The report presents a clear picture of the global road safety market by segmenting the market based on solution, service and region. Also, detailed profiles of companies operating in the road safety market are provided in this report. We believe that this report will aid the professionals and industry stakeholders in making informed decision.
Market Drivers
• Government Initiatives
• Increasing Road Accidents
Market Challenges
• Insufficient Funding
Historical & Forecast Period
Base Year: 2023
Historical Period: 2019-2023
Forecast Period: 2024-2033
Market by Solution
• Red Light & Speed Enforcement
• Incident Detection & Response
• Automatic Number/License Plate Recognition (ANPR/ALPR)
• Others
Market by Service
• Professional Services
• Managed Services
Market by Region
• Europe
o Germany
o United Kingdom
o France
o Italy
o Spain
o Russia
o Netherlands
o Rest of Europe
• North America
o United States
o Canada
• Asia Pacific
o China
o Japan
o India
o South Korea
o Australia
o Indonesia
o Rest of Asia Pacific
• Latin America
o Mexico
o Brazil
o Argentina
o Rest of Latin America
• Middle East & Africa
o Saudi Arabia
o Turkey
o Iran
o United Arab Emirates
o Rest of Middle East & Africa