Road Safety Market size was valued at USD 3.24 Bn. in 2021 and the total Road Safety revenue is expected to grow by 12.4 % from 2022 to 2029, reaching nearly USD 8.25 Bn.
Road Safety Market Overview
The Road Safety Market Research Reports providing qualitative and quantitative insights into key market development determinants, limitations, opportunities, and issues from a global Road Safety market. The research is based on forecasts from major organizations as well as market statistics. Sales growth figures at several regional and national market levels, as well as a competitive climate for predicted periods and individual firm valuations, are all included in market research.
Road Safety Market Scope
The research looks into demand for Road Safety Market predictions, market trends, and micro and macro variables in the detail. In addition, the research includes factors that are propelling the Road Safety market growth and impeding the market's growth. The Maximize Market Research report provides a regional analysis of potential investment opportunities for existing and new market entrants.
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Road Safety Market Segmentation :
The Road Safety Market is divided into the following categories based on solution: Red Light & Speed Enforcement, ANPR/ALPR, Incident Detection & Response, and Others. During the forecast period, Red Light & Speed Enforcement is anticipated to command the market. A highly accurate tool called automatic number plate recognition (ANPR) can scan vehicle licence plates without human assistance. A set of metadata that identifies an image containing a vehicle licence plate and the associated decoded text of that plate is generated through the use of high-speed image capture with supporting illumination, character recognition to convert an image to text, character detection within the provided images, and verification that the character sequences are those from a vehicle licence plate.
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Key Players
• Berlitz Corporation
• EF Education First
• Pearson ELT
• Talk English International, Inc.
• ETS
• New Oriental Education & Technology Group Inc.
• British Council
• McGraw Hill Education
• Transparent Language
• Wall Street English
• Cambridge Assessment English
• Voxy
• Global Education Group Inc.
• Houghton Mifflin Harcourt
• Sanako Corporation
• Inlingua International
• Vipkid
• New Channel International Education Group
Regional Analysis
Regional Insights in the report on the Road Safety industry on a regional level. The region-wise survey is done in a wide range of high-resolution regional investigations. The region portion of the research also provides key market influencing aspects and changes in market regulation that impact the market's current and future trends. The reports help in planning the market strategies which are suitable and appropriately applicable according to specific countries and regions in the market.
Key Questions answered in the Road Safety Market Report are:
About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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Mar 04, 2023