Transportation Analytics Market shall reach a value of $2x61.4 Million in 2027, growing with a CAGR of 12.13% during the forecast period of 2020 to 2027.
Market Definition / Research Scope
For the purpose of this market researchreport, Transportation Analytics is defined as the predictive analysis using the transportation data to make commercial and personal transport easier. The Transportation Analytics aim to achieve cost-efficiency, increased productivity, and fuel optimization. Transportation Analytics include anticipating the daily volumes of traffic, optimizing delivery routes, allocating resources for efficient delivery ofservices, and enhancing the customer experience and satisfaction. The analytic and predictive data is collected with the use of sensors which is them used to identify components that are expected to underperform. The Transportation Analytics also allow the companies to perform predictive maintenance.
Transportation Analytics Market Growth and Trends
Transportation Analytics Market Regional Analysis
Increasing penetration of smart transportation initiatives and advanced traffic management systems are principled to be driving the future growth of the global transportation analytics market. North America is estimated to grow exponentially with the early adoption of transportation analytics solutions and increasing hybrid cloud deployments in the region.
Europe too is predicted to grow its market proportion hugely with increasing scalability and flexibility of cloud technology and control over data centers in the region. The Asia Pacific region is estimated to propagate rapidly with growth driven by growing smart cities and smart transportation in the regions of India and China prominently.
The Middle Eastern and African regions are also expected to sprout with substantial growth attributed to multiple applications of transportation analytics in different arrays like in traffic management and logistics.
Transportation Analytics Market Share and Competition
Key companies operating in this industry are: IBM, Siemens, Cubic, Cellint, Alteryx, Kapsch Trafficcom, INRIX, Indra Sistema, Trimble, TomTom, OmniTracs, Hitachi, SmartDrive Systems and Techvantage.
Transportation Analytics Market Research Report Analysis Highlights
• Historical data available (as per request)
• Estimation/projections/forecast for revenue and unit sales (2020 – 2027)
• Data breakdown for every market segment (2020 – 2027)
• Gross margin and profitability analysis of companies
• Price analysis of each product type
• Business trend and expansion analysis
• Import and export analysis
• Competition analysis/market share
• Supply chain analysis
• Client list and case studies
• Market entry strategy
Industry Segmentation and Revenue Breakdown
Type Analysis (Revenue, USD Million, 2020 - 2027)
• Descriptive Analytics
• Predictive Analytics
• Prescriptive Analytics
Application Analysis (Revenue, USD Million, 2020 - 2027)
• Roadways
• Railways
• Airways
• Waterways
Region Analysis (Revenue, USD Million, 2020 - 2027)
• United States
• Canada
• Mexico
• France
• Germany
• Italy
• Spain
• United Kingdom
• Russia
• China
• India
• Philippines
• Malaysia
• Australia
• Austria
• South Korea
• Middle East
• Japan
• Africa
• Rest of World
Transportation Analytics Market Companies
• IBM
• Siemens
• Cubic
• Cellint
• Alteryx
• Kapsch Trafficcom
• INRIX
• Indra Sistema
• Trimble
• TomTom
• OmniTracs
• Hitachi
• SmartDrive Systems
• Techvantage
Available Versions:-
United States Transportation Analytics Market Research Report
Europe Transportation Analytics Market Research Report
Asia Pacific Transportation Analytics Market Research Report
India Transportation Analytics Market Research Report
