Intelligent Build.tech Issue 11 | Page 46

FROM PILLAR TO POST
Future for smart transportation
A new report released by ResearchAndMarkets . com estimates the global smart transportation market will grow from US $ 120.4 billion in 2023 to reach US $ 310.65 billion by 2030 – a CAGR of 14.50 % during the forecast period from 2023 to 2030 .
The trend toward autonomous vehicles is referenced in the report as having the potential to transform the concept of transportation .
In the report , IoT is recognised as establishing networked ecosystems enabling real-time data sharing and decisionmaking by integrating sensors , communication devices and data analysis tools into cars , infrastructure and urban environments .
Vehicles outfitted with IoT devices can connect , traffic control systems and even people , providing a complete picture of the transportation landscape .
This real-time connectivity is recognised in the report as improving traffic management , optimising routes and reducing congestion .
Furthermore , the report says , IoT technology is enabling predictive maintenance , allowing for the early diagnosis of vehicle issues and the prevention of failures , contributing to smoother operations and reduced downtime .
The report identifies the combination of IoT with Mobility as a Service ( MaaS ) as having the potential to provide to provide consumers with ‘ seamless access ’ to several modes of transportation – including public transport , ridesharing , bikesharing and even autonomous taxis , all through a single app .
Furthermore , the report states , automation technology can improve traffic flow by allowing vehicles to communicate and coordinate with one another , reducing abrupt lane changes and braking , both of which contribute to congestion .
The report concludes that smart transportation is now poised to change the very concept of urban mobility in paving the way for a future characterised by ‘ intelligent , connected and autonomous ’ transportation systems as governments , industry and researchers work together to overcome issues and harness the potential of emerging technologies .
We are committed to promoting positive journeys for our users and having access to the Internet in routes will contribute to this purpose .
with the operations team to obtain information or support , to surfing the Internet and using streaming applications .
The smartphone will be automatically connected when the driver passes the route – from the moment they register .
Eixo SP CEO Sergio Santillan said : “ This is yet another advance in the Eixo SP connectivity project that reflects safety and quality for our users . It is a road designed for the future , where the growing demand for connectivity will be decisive for freight transport , traffic management and intelligent vehicles .” �
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