A new research report by MarketsandMarkets, "Smart Highway Market by Technology (Intelligent Transportation Management, Intelligent Traffic Management, Communication, Monitoring), and by Display (Variable Message Signs, Digital Signage) - Global Forecast to 2019", estimates that the global Smart Highways Market is US$12,564.4 million in 2014 and is expected to grow to US$27,992 million in 2019. This represents an estimated compound annual growth rate (CAGR) of 17.4 per cent from 2014 to 2019.
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