Juniper Research’s recent report forecasts a 250% increase in smart traffic management systems between 2022-2027. That could reduce 4.7 billion hours in congestion by 2027. Even better, 205 million metric tons of CO2 emissions could be saved by smart traffic management systems with the $6 billion US smart traffic management spend in 2027.
Source: https://www.juniperresearch.com/infographics/smart-traffic-management-driving-change-in-urban-m