Short-term traffic forecasting model – prevailing trends and guidelines

Abstract

The design parameters serve as an integral part of developing a robust short-term traffic forecasting model. These parameters include scope determination, input data preparation, output parameters, and modelling techniques. This paper takes a further leap to analyse the recent trend of design parameters through a Systematic Literature Review (SLR) based on peer-reviewed articles up to 2021. The key important findings are summarised along with the challenges to performing short-term traffic forecasting. Intuitively, this paper offers insights into the next wave of research that contributes significantly to industries.