logo
Smart Traffic Management to Save 900m Tons of Emissions Globally by 2030, But Security Must Scale with Adoption

Smart Traffic Management to Save 900m Tons of Emissions Globally by 2030, But Security Must Scale with Adoption

Yahoo7 hours ago

BASINGSTOKE, United Kingdom, June 30, 2025 (GLOBE NEWSWIRE) -- A new study from Juniper Research, the foremost experts in IoT markets, has found the adoption of smart traffic management solutions will save up to 923 million metric tons (MMT) of CO2 by 2030. This is an increase of 151% on the 368 MMT CO2 savings forecast for this year. This substantial increase in CO2 saving represents 1.5% of 2030 global carbon emissions.
Find out more: Smart Traffic Management Market 2025-2030, or download a free sample.
Cybersecurity Remains a Key Concern
To achieve these CO2 savings, Juniper Research believes it is essential security measures can scale alongside the growing number of sensors in smart traffic management solutions and the increasing volume of data generated. We have identified technologies specifically designed for high-end security in data-intensive and automated environments, such as data minimisation solutions and federated learning, as ideal for processing real-time information from smart traffic management solutions.
Juniper Research finds the technologies that provide data anonymisation, particularly in the face of real-time decision making, will position smart traffic management vendors best to capitalise in a market expected to grow from $14.8 billion globally in 2025, to $32.7 billion in 2030. Integrating these technologies will enable vendors to analyse traffic data without compromising any personal data collected; enhancing public trust and reducing the risk of data breaches.
Research author, Michelle Joynson, stated, 'As smart traffic management solutions continue to collect valuable personal data to optimise traffic flows, the threat of cyber-attacks is increasing. Smart traffic vendors must deploy robust security measures to ensure system reliability, continually enabling optimised traffic flows; leading to significant emission reductions and cost savings.'
About the Research
The research suite offers a comprehensive assessment of the smart traffic management market, including insightful market analysis and in-depth forecasts for 60+ countries. The dataset contains over 37,000 market statistics within a five-year period. It includes a 'Competitor Leaderboard' to examine the current and future market opportunities.
View the market research: https://www.juniperresearch.com/research/sustainability-smart-cities/smart-cities/smart-traffic-management-research-report/
Download the sample: https://www.juniperresearch.com/resources/free-research/red-amber-green-innovations-in-smart-traffic-management/
Juniper Research has, for two decades, provided market intelligence and advisory services to the global technology sector, and is retained by many of the world's leading intermediaries and providers.
Contact Sam Smith, Press Relations
T: +44(0)1256 830002
E: sam.smith@juniperresearch.comSign in to access your portfolio

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Gold prices edge higher as dollar weakens
Gold prices edge higher as dollar weakens

Yahoo

timean hour ago

  • Yahoo

Gold prices edge higher as dollar weakens

Gold prices inched higher on Monday morning, and continue to trade near all-time highs, with weakness in the dollar offering support to the precious metal. Gold futures (GC=F) were up 0.2% at $3,293.30 an ounce at the time of writing, while the spot gold price climbed 1.4% to $3,286.03 per ounce. Meanwhile, the US dollar ( index, which measures the greenback against a basket of six currencies, was down 0.2% to 97.17. Gold tends to have an inverse relationship to the dollar, as it is typically traded in the US currency, so weakness in the greenback makes the precious metal cheaper for overseas buyers. Read more: FTSE 100 LIVE: Markets higher as US-UK trade deal comes into force The rise in gold prices came despite more positive developments on trade, with investors typically turning to the precious metal as a safe-haven amid uncertainty. Susannah Streeter, head of money and markets at Hargreaves Lansdown, said: "Exuberance is set to continue at the start of the week, as more trade deal scores are on the doors and geopolitical tensions have eased off. "Talks between Canada and the US are back on the cards, after an agreement to scrap a tax targeting American tech firms," she said. "There will now be speculation that other countries, like the UK, will be forced to drop their own taxes targeting the biggest tech firms in the world when further talks take place." Streeter added: "The trade deal announced again between the US and China, has poured more optimism into glass half full attitudes. Even though it's still pretty scant on detail, the agreement looks set to give US companies better access to crucial rare earth minerals, exported from China." The pound dipped 0.1% lower against the dollar (GBPUSD=X) on Monday, to trade at $1.3694, as investors weighed the latest UK economic data releases. The Office for National Statistics (ONS) confirmed a preliminary estimate that the UK economy expanded by 0.7% in the first three months of the year However, the household savings ratio, a measure of how much people save, fell for the first time in two years, to 10.9% from 12%, as people spent more on fuel, rent and restaurant meals. Danni Hewson, head of financial analysis at AJ Bell (AJB.L), said: "Confirmation that the UK economy delivered the fastest growth of any G7 country at the start of the year feels almost redundant. Read more: Trending tickers: Palantir, Boeing, UBS, WH Smith and Hikma Pharmaceuticals 'A mix of tariff woes and tax hikes have created a period of such uncertainty and instability that many businesses have simply pressed pause on their future plans, and in some cases taken the decision to cut labour costs in order to set them up for what might be down the tracks." "The early growth spurt looks set to be an anomaly rather than the sustained expansion the government needs if it's to pad treasury coffers without resorting to tax rises or further spending cuts," she added. In other currency moves, the pound was slightly lower against the euro (GBPEUR=X), trading at €1.1683 at the time of writing. Oil prices dipped on Monday morning, amid easing geopolitical risks, following sharp movements in the commodity last week. Brent crude (BZ=F) futures edged 0.1% lower to $66.74 per barrel, at the time of writing, while West Texas Intermediate futures (CL=F) fell 0.3% to $65.35 a barrel. Stocks: Create your watchlist and portfolio "With the Iran-Israel-US truce holding, geopolitical tensions have calmed and that's kept downwards pressure on oil prices," said Hargreaves Lansdown's Streeter. "Brent Crude has fallen 14% over the past week as the easing of supply disruption worries collided with expectations that OPEC+ nations would ramp up production. There is still expected to be fall out for global growth, due to the impact of US trade policies, so the expectation of lower demand for energy is also weighing on prices." More broadly, the FTSE 100 (^FTSE) fell 0.3% on Friday morning to 8,773 points. For more details, on broader market movements check our live coverage here. Read more: What to watch this week: UK shop prices, US employment, Constellation Brands, M&S and Sainsbury's Global economy to slow amid 'most severe trade war since 1930s', says Fitch UK economy grew 0.7% in first quarter of the yearError in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Parent of UK Lindsey Oil Refinery Owner Put Into Administration
Parent of UK Lindsey Oil Refinery Owner Put Into Administration

Bloomberg

timean hour ago

  • Bloomberg

Parent of UK Lindsey Oil Refinery Owner Put Into Administration

The parent company of the Prax Group — which owns the UK's Lindsey oil refinery — has been put into administration. Joint administrators have been appointed by the High Court for State Oil Ltd, which has 182 employees and is the parent of the Prax conglomerate that includes the refinery as well as wholesale and retail operations, according to a statement from Teneo Financial Advisory Ltd., which is involved in the administration process.

The Massive Flaw In Chelsea's Wild $280 Million Splurge
The Massive Flaw In Chelsea's Wild $280 Million Splurge

Forbes

timean hour ago

  • Forbes

The Massive Flaw In Chelsea's Wild $280 Million Splurge

LONDON, ENGLAND - JUNE 03: Liam Delap of Chelsea poses for a photo as Chelsea unveil him as a new ... More signing ahead of the 2025/2026 season at Stamford Bridge on June 03, 2025 in London, England. (Photo by Darren Walsh/Chelsea FC via Getty Images) As has become customary at Stamford Bridge with every passing transfer window, Chelsea has been splashing the cash. Barely a week goes by without some fresh young talent arriving in West London to pose for the media with a Blue jersey and an awkward grin. The sums spent on these transfers alone are past a billion, a level that doesn't seem to match the income of a team that has performed indifferently for the past three years. At first, the mad dash for players was met with surprise, then derision, anger, and bemusement. Now, it's almost with weary resignation that Chelsea's spending is received. So far this summer, the Blues have signed Liam Delap for $41.1 million, Dario Essugo for $24.66 million, Estevao Willian for $39.73 million, and Mamadou Sarr for $16.44 million. This will soon be followed by an $82 million swoop for Brighton and Hove Albion forward Jao Pedro and a $75 million deal for Borussia Dortmund player Jamie Gittens. However, according to the BBC, the $280 million splurge is part of a strategy to profit from the transfer market. 'Buy young stars on lower wages, spread the payments over long contracts, keep flipping players, and sell on unwanted talent for a profit - that is Chelsea's strategy in a nutshell. Oh, and try to win things at the same time,' journalist Nizaar Kinsella wrote. 'With an average age of 23 years and five months, the Blues already have the youngest squad in the Premier League - and it is set to get even younger from next season. 'The club has had a radical shift in transfer strategy since Todd Boehly and Clearlake Capital took over from Roman Abramovich in 2022. 'Most Abramovich-era players have been sold in an attempt to reduce the age of the squad - and the wage bill. 'That money has then been reinvested in young talent in what appears to be a 'supercharged Brighton' approach to transfer business.' The problem is that those profits are not rolling in. Having a disproportionately long contract disincentivizes buying clubs that are themselves after a deal. A player might retain their value, but you can't profit from them if other sides believe they are too expensive. So far, the main result of the revolving door of talent and their mega-contracts has been a stockpile of unwanted talent, which isn't earning Chelsea much from transfers. Since 2022, the Blues have spent around $1.5 billion, but they have only generated $674 billion from player sales, representing a $900 billion loss. Big Contract, Big Risk? Players of Chelsea FC pose for photos before the round of 16 match between Portugal's SL Benfica and ... More England's Chelsea FC at the FIFA Club World Cup 2025 at the Bank of America Stadium, Charlotte, the United States, June 28, 2025. (Photo by Huang Zongzhi/Xinhua via Getty Images) Chelsea's co-owner said the tactic of signing longer-term contracts than the rest of the market was simply insurance. 'A seven-year contract is really a five-year contract as 90% of the time you have to make a decision or shoot yourself in the foot [with a player trying to run down their contract],' he told the FT Business of Football event. 'You either agree terms, or shoot yourself in the foot, or agree there are greener pastures out there.' He added, 'It is the way this market operates. I don't see it as good or bad. 'You always focus on how you keep something together for a very long time. How? You identify a younger portfolio of players to be consistent and reliable over a long period of time - and that's an option that's valuable.' The trouble for Chelsea is that having players tied to 7-year deals becomes a significant disadvantage when you want to sell them. Buyers will use the length of the deal to drive down the cost of a transfer because the club that owns the player knows it's the only method of cutting ties. Given how few of Chelsea's signings have gained value and the lack of a market for players in the club's salary bracket, the club will find it very difficult to sell for profit. None of this will stop the club from spending, as football finance expert Dan Plumley told Football Insider 247, in accountancy terms, there is still the potential for many more deals. 'How many times have we said with Chelsea, we don't expect them to spend, and then they spend big?' he said. 'So don't rule it out, and also caveat that with the big thing, of course, in the crazy world where we're talking about PSR. 'The sale of the women's team and the headroom that has given them, they've got the most headroom in the Premier League now in terms of if you look at what they can afford to lose, which is such a bizarre thing to be saying. 'They've got no issues there; we've already seen them spend, and I wouldn't rule out any further spending. 'They've still got that issue with squad balance, and it is a big squad, and we've seen it grow in recent years. 'They've got to be mindful of that internally, but financially, I wouldn't be surprised to see them spend because that sale of the women's team has just given them so much headroom now if they wanted to go and spend some more money.' It might not be coming to bite them now, but eventually, all this spending will catch up with Chelsea. What happens then—well, that will be fascinating to see.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store