Global Transportation Analytics Market was valued at USD 15.65 billion in 2021 and is expected to reach USD 77.33 billion by 2029, registering a CAGR of 22.10% during the forecast period of 2022-2029.
Transportation Analytics Market research report is designed with the scrupulous Market analysis carried out by a team of industry experts, dynamic analysts, skilful forecasters and well-informed researchers. And not to mention, the report is amazingly characterized by using several charts, graphs and tables depending on the extent of data and information involved. What is more, influencing factors such as Market drivers, Market restraints and competitive analysis is studied with the SWOT analysis which is the most established tool when it comes to generate Market research report. Businesses can achieve complete knowhow of general Market conditions and tendencies with the information and data covered in the winning Transportation Analytics business report.
A dependable Transportation Analytics Market report comprises of all the crucial Market parameters and hence it can be used for the business. Furthermore, complete company profiles covered in this report also explains what recent developments, product launches, joint ventures, mergers and acquisitions are taking place by the numerous key players and brands in the market. The report is provided with the transparent research studies which have taken place by a team work of experts in their own domain. The top-notch Transportation Analytics Market document also endows with company profiles and contact information of the key Market players in the manufacturer’s section.
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Key Players Mentioned in the Transportation Analytics Market Research Report:
Cellint (Israel), Cubic Corporation (US), Iteris Inc. (US), Deltion, Ltd. (UK), Hitachi Ltd. (Japan), Garmin, Ltd. (US), IBM (US), Inrix, Inc. (US), TomTom International B.V. (Netehrlands), Oracle (US), Ryder Systems, Inc. (US), Envista LLC (US), Syntelic Solutions Corporation (US), Trimble Inc. (US), SmartDrive Systems Inc. (US), KEWILL INDIA PRIVATE LIMITED (India), Qualcomm Technologies Inc. (US), Traffic Master (UK), Thales Group (France), Kapsch Ag (Austria), and Decawave (Ireland), among others
The report provides an excellent overview of the main macroeconomic factors having a significant impact on the growth of the Transportation Analytics market. It also provides the absolute dollar opportunity analysis which can be crucial in identifying revenue generation and sales increasing opportunities in the Transportation Analytics market. Market players can use the qualitative and quantitative analysis provided in the report to get a good understanding of the Transportation Analytics market and make strong strides in the industry in terms of growth. The overall Transportation Analytics market size and that of each segment studied in the report are accurately calculated based on various factors.
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Transportation Analytics Market Dynamics
This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:
Drivers
Smart Transportation Initiatives
The increase in the adoption of smart transportation initiatives along with the Advanced Traffic Management System (ATMs) across the globe acts as one of the major factors driving the growth of transportation analytics market. An increase in demand for these solutions has been noticed owing to the benefits offered by these analytics such as decline in fuel consumption, air pollution and travelling time.
Increase in Demand for Automation
The increase in inclination towards automation of operational processes accelerate the market growth. Various advanced automation technologies are being incorporated with the transportation analytics market such as Artificial Intelligence (AI) and Machine Learning (ML).
Government Initiatives
The surge in government initiatives for the development of smart cities across regions further influence the market growth. The growing integration of transportation analytics solutions in relation to intelligent transport systems assists in the expansion of the market further.
Additionally, rapid urbanization, change in lifestyle, surge in investments and increased consumer spending positively impact the transportation analytics market.
Opportunities
Furthermore, designing and developing connected vehicles extend profitable opportunities to the market players in the forecast period of 2022 to 2029. Evolution of semi-autonomous and autonomous vehicles will further expand the market.
Based on Transportation Analytics Market Segmentations
Type
Descriptive Analytics
Predictive Analytics
Prescriptive Analytics
Mode
Roadways
Railways
Airways
Waterways
Others
Deployment
On-Premise
Cloud
Hybrid
Solution
Analytics Solutions
Advanced Transportation Control Systems
Management Solutions
Services
Application
Remote Sensing
Transit Management
Traffic Management
Incident Management
Logistics Management
Others
Global Transportation Analytics Market: Regional Segment Analysis (Regional Production Volume, Consumption Volume, Revenue and Growth Rate 2022-2029):
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Spain etc.)
Asia-Pacific (China, Japan, Korea, India, Australia and Southeast Asia etc.)
South America (Brazil, Argentina and Colombia etc.)
Middle East & Africa (South Africa, UAE and Saudi Arabia etc.)
The country section of the report also provides individual market impacting factors and changes in regulations in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, disease epidemiology and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.
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Benefits:
- This research offers a comprehensive analysis of current trends, projections, and dynamics for the years, with the goal of assisting in the identification of current market opportunities.
- The individual market revenue of the major countries in each area is mapped.
- The research examines the Transportation Analytics market circumstances on a regional and country-by-country basis.
- The Transportation Analytics market’s major participants have been identified.
- To understand the competitive environment across geographies, this study assesses the competitive landscape and conducts a value chain analysis.
- An in-depth analysis of the Transportation Analytics market’s segmentation within the market has been offered, which is predicted to aid in the current market opportunities.
Table of Contents
- Part 01: Executive Summary
- Part 02: Scope of the Transportation Analytics Market Report
- Part 03: Transportation Analytics Market Landscape
- Part 04: Transportation Analytics Market Sizing
- Part 05: Transportation Analytics Market Segmentation By Product
- Part 06: Five Forces Analysis
- Part 07: Customer Landscape
- Part 08: Geographic Landscape
- Part 09: Decision Framework
- Part 10: Drivers and Challenges
- Part 11: Market Trends
- Part 12: Vendor Landscape
- Part 13: Vendor Analysis
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