The rapid urbanization surge and resulting traffic congestion drive the Smart Road Market. Advanced technologies like IoT sensors and real-time traffic management systems reduce congestion and improve safety. Government initiatives and investments in smart city projects further boost the demand for smart road infrastructure in urban development.Austin, Aug. 07, 2024 (GLOBE NEWSWIRE) -- The Smart Road Market Share was valued at USD 17.85 billion in 2023. It is estimated to hit USD 145.34 billion
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