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      • Revenue Streams
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    • Contact Us

SmartRoad™ Turtle, LLC

SmartRoad™ Turtle, LLCSmartRoad™ Turtle, LLCSmartRoad™ Turtle, LLC

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market statistics

Revenue Addressable Markets

Smart Market Statistics: 2026

Smart Market Statistics: 2026

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   There are 6 Smart Industry markets that produce revenue and we will make an immediate impact in all 6 markets: 


  • Autonomous Vehicles (V2X) – $26.72  Billion by 2025 – CAGR 25.4% - Grand View Research.
  • Intelligent Transportation Systems (ITS) – $51.09B by 2025, CAGR 10.5% - Grand View Research.
  • The Internet of Things (IoT) - $1.6 Trillion by 2025 – CAGR 24.89% - Statista. 
  • Logistics - $1.2T by 2025, CAGR 7.5% - Grand View Research. 
  • Mobile Data - $8.93 Billion by 2025 –  CAGR  29% - MarketWatch. 
  • Smart Cities - $2.57 Trillion by 2025, CAGR 21.28% - Allied Market Research. 

Smart Market Statistics: 2026

Smart Market Statistics: 2026

Smart Market Statistics: 2026

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  • The global smart highway market size was valued at $23.67 billion in 2018, and is projected to reach $92.38 billion by 2026, growing at a CAGR of 18.7% from 2019 to 2026.   Allied Market Research February 2020
  • The Smart Market Impact of our Patent Portfolio on the Smart Industry has the potential to quadruple by the year 2026. Allied Market Research February 2020
  • The Smart Highway Market is expected to reach US$40.607 Billion by the end of the forecasted period of five years exhibiting a CAGR of 19.4%. The need for reliable, safe and efficient travel and movement is playing a major role in growth of the Global Smart Highway Market.

Download Sample of This Strategic Report: https://www.kennethresearch.com/sample-request-10065224

Why the Rise in Demand for Smart Highways?

Why the Rise in Demand for Smart Highways?

Why the Rise in Demand for Smart Highways?

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     Rise in the number of vehicles among emerging countries.

There is an increase in the number of vehicles being sold every year. The unsatisfactory infrastructure for transportation in many countries is the primary factor for the rise in vehicle sales. Also, there is an increase in disposable income of the people with globalization and urbanization. According to International Organization of Motor Vehicle Manufacturers, about 95 million of vehicles were sold in 2018 as that of 75 million were sold in 2010. However, this increase in the number of vehicles is causing heavy traffic, especially in urban areas. Consequently, there is a rise in demand for smart highways and roads that monitor traffic congestion on every road and diverts the traffic accordingly to have a faster and smoother travel. https://www.alliedmarketresearch.com/smart-highway-market



Increase in Road Traffic Injuries

Why the Rise in Demand for Smart Highways?

Why the Rise in Demand for Smart Highways?

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According World Health Organization (WHO), 1.35 million people approximately die each year from road traffic crashes. And about 20 – 50 million people suffer non-fatal injuries, with many incurring a disability. As a result, there is an urgency to reduce the number of road traffic injuries and smart highways is considered as one of the best solutions to this problem. The various components of smart highways such as traffic management systems, smart lighting systems, and speed monitoring systems are developed to reduce road traffic injuries. Hence, increase in road traffic injuries fuels the growth of the smart highway market. The 2030 Agenda for Sustainable Development set by the United Nations has an ambitious target of halving the global number of road traffic injuries by 2020. https://www.alliedmarketresearch.com/smart-highway-market

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