Multistep traffic speed prediction: A deep learning based approach using latent space mapping considering spatio-temporal dependencies
Shatrughan Modi, Jhilik Bhattacharya, Prasenjit Basak

TL;DR
This paper introduces a deep learning approach that models both spatial and temporal dependencies in traffic data using latent space mapping, significantly improving multi-step traffic speed prediction accuracy.
Contribution
It develops a novel deep auto-encoder based model with latent space mapping to effectively incorporate spatio-temporal dependencies for traffic prediction.
Findings
Achieves more accurate 60-minute ahead traffic predictions
Outperforms existing machine learning and deep learning methods
Reduces prediction error in real-world traffic data
Abstract
Traffic management in a city has become a major problem due to the increasing number of vehicles on roads. Intelligent Transportation System (ITS) can help the city traffic managers to tackle the problem by providing accurate traffic forecasts. For this, ITS requires a reliable traffic prediction algorithm that can provide accurate traffic prediction at multiple time steps based on past and current traffic data. In recent years, a number of different methods for traffic prediction have been proposed which have proved their effectiveness in terms of accuracy. However, most of these methods have either considered spatial information or temporal information only and overlooked the effect of other. In this paper, to address the above problem a deep learning based approach has been developed using both the spatial and temporal dependencies. To consider spatio-temporal dependencies, nearby…
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