Intelligent Traffic Management System Market: Stakeholders Seek Solace in Prolific Surge in Smart-City Projects
Traffic congestion has been plaguing metropolitan cities for decades. In addition, economic cost of traffic congestion is increasing exponentially. The reliability and robustness of the public transportation system and growing parking demands are a few of the transportation challenges urban areas face. With high share of short-distance trips and high population densities, there stand a great opportunity for cities to have hands in reducing greenhouse gas emissions.
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