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By Application and by geography, , Key development in market,Research Methodology: Global Citizen Services AI for Traffic and Transportation Management Market
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Market Analysis: Global Citizen Services AI for Traffic and Transportation Management Market is Global citizen services AI for traffic and transportation management market is expected register a healthy CAGR of 48.9% in the forecast period of 2019-2026. The report contains data of the base year 2018 and historic year 2017. The growing adoption of artificial intelligence and analytics services with transport management is boosting the market growth.
Key Developments in the Market:
In June 2019, INRIX has introduced new artificial intelligence solution for traffic management. “INRIX AI” traffic shows a quantum leap forward for traffic intelligence. It will help the drivers to quickly reach their destination without any stress. AI Traffic will be providing accurate instantaneous updates about traffic conditions as well
In January 2018, Alibaba launched traffic management solutions named as ‘City Brain’, in Kuala Lumpur. This service utilizes machine learning for minimizing congestion on the city’s roads. The major benefit of using this service is that it will increase the average traffic speeds by 15% and help in recording traffic violations with accuracy of 92%
Key Insights in the Report:
Complete and distinct analysis of the market drivers and restraints
Key market players involved in this industry
Detailed analysis of the market segmentation
Competitive analysis of the key players involved
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