Via newsbytesph.com

Traditional smart transportation approaches to address traffic congestion, safety, pollution, and other urbanization challenges are expected to hit scalability and efficiency obstacles by the end of this decade.

Traveler information systems such as variable-message signs, intelligent traffic lights, camera-enforced urban tolling, and traffic monitoring centers will ultimately prove ineffective and prohibitively expensive, threatening to stall economic growth, especially in developing regions.

According to ABI Research, global yearly spend on traffic management systems alone will exceed $10 billion by 2020.

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