A Survey on Modern Deep Neural Network for Traffic Prediction: Trends, Methods and Challenges

Abstract

In this modern era, traffic congestion has become a major source of severe negative economic and environmental impact for urban areas worldwide. One of the most efficient ways to mitigate traffic congestion is through future traffic prediction. The research field of traffic prediction has evolved greatly ever since its inception in the late 70s. Earlier studies mainly use classical statistical models such as ARIMA and its variants. Recently, researchers have started to focus on machine learning models because of their power and flexibility. As theoretical and technological advances emerge, we enter the era of deep neural network, which gained popularity due to its sheer prediction power whic..