This paper explores the domain of intelligent transportation systems, specifically focusing on roundabouts as potential solutions in the context of smart mobility. Roundabouts offer a safer and more efficient driving environment compared to other intersections, thanks to their curvilinear trajectories promoting speed control and lower vehicular speeds for traffic calming. The synthesis review supported the authors in presenting current knowledge and emerging needs in roundabout design and evaluation. A focused examination of the models and methods used to assess safety and operational performance of roundabout systems was necessary. This is particularly relevant in light of new challenges posed by the automotive market and the influence of vehicle-to-vehicle communication on the conceptualization and design of this road infrastructure. Two case studies of roundabouts were analyzed in Aimsun to simulate the increasing market penetration rates of connected and autonomous vehicles (CAVs) and their traffic impacts. Through microscopic traffic simulation, the research evaluated safety and performance efficiency advancements in roundabouts. The paper concludes by outlining areas for further research and evolving perspectives on the role of roundabouts in the transition toward connected and autonomous vehicles and infrastructures.