The integration of Internet of Things (IoT) for the detection and monitoring of vehicle speeds represents a significant leap forward in improving road safety. This innovative approach not only enhances the efficiency of traffic management but also empowers authorities with the tools needed to make data-driven decisions for creating safer and more resilient urban environments. This study is an attempt for the development of a system that utilizes the power of IoT to detect and monitor the speed of vehicles on the roadways. The system comprises of a speed sensor that captures the speed of the vehicle and sends the data to a microcontroller, which in turn sends the data to a cloud-based platform through an IoT gateway. The cloud-based platform processes the data and generates real-time insights on the speed of vehicles. This work aims to provide effective and economical solutions for monitoring vehicle speeds on roadways, catering to the needs of traffic management, law enforcement, and road safety. The system can also be integrated with other IoT devices and systems to enhance its functionality and enable intelligent and streamlined traffic management practices.