Transportation data analytics enable the automation of predictive analysis to project future trends, identify business needs, and build long-term strategies for optimizing revenue. A rapid rise in the global population and the need for developed transportation infrastructure is positively influencing the demand for transportation analytics across the globe. Key players of the transportation analytics market are adopting various growth strategies such as product enhancements, launches, mergers, and acquisitions to increase their market share.
MARKET DYNAMICS
The transportation analytics market is anticipated to grow in the forecast period owing to driving factors such as a rise in passenger travel and development in the transportation infrastructure. Also, government initiatives for smart city development are likely to fuel market growth. However, strict transportation regulatory policies may negatively influence the growth of the transportation analytics market during the forecast period. On the other hand, the advent of autonomous and semi-autonomous vehicles would offer lucrative growth opportunities to the players active in the transportation analytics market.
MARKET SCOPE
The "Global Transportation Analytics Market Analysis to 2028" is a specialized and in-depth study of the technology, media and telecommunications industry with a special focus on the global market trend analysis. The report aims to provide an overview of transportation analytics market with detailed market segmentation by type, mode, and geography. The global transportation analytics market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading transportation analytics market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global transportation analytics market is segmented on the basis of type and mode. Based on type, the market is segmented as predictive analytics, descriptive analytics, and prescriptive analytics. On the basis of the mode, the market is segmented as railways, roadways, airways, and waterways.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global transportation analytics market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The transportation analytics market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting transportation analytics market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social and technological factors affecting the transportation analytics market in these regions.
MARKET PLAYERS
The reports cover key developments in the transportation analytics market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market players from transportation analytics market are anticipated to lucrative growth opportunities in the future with the rising demand for transportation analytics in the global market. Below mentioned is the list of few companies engaged in the transportation analytics market.
The report also includes the profiles of key transportation analytics companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of the last three years, key developments in the past five years.
- Alteryx Inc
- CartoDB Inc.
- Conduent Inc.
- enVista LLC
- Hitachi, Ltd.
- IBM Corporation
- Iteris Inc.
- Siemens AG
- SmartDrive Systems, Inc.
- Syntelic Solutions Corporation
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.