Road Safety Market Size To Raise At $ 6.66 Billion By 2028
San Francisco, 28 June 2021: The Report Road Safety Market Size, Share & Trends Analysis Report By Solution (Red Light & Speed Enforcement, ANPR/ALPR), By Service (Professional, Managed), By Region, And Segment Forecasts, 2021 - 2028 The global road safety market size is expected to reach USD 6.66 billion by 2028, expanding at a CAGR of 12.4% from 2021 to 2028, according to a study conducted by Grand View Research, Inc. World health organization estimates say that over 1.3 million people die of road accidents every year. This statistic is enough to suggest that road safety is crucial for all. With countries focusing on lowering accidents, the deployment of road safety solutions including surveillance or continuous vehicle monitoring systems has gained prominence. Over the years, alcohol and speeding have been the leading causes of fatalities related to road accidents, making road safety systems a mandate across most countries. Providing a safer environment for pedestrians