Transportation Analytics Market Size & Share Report, Growth, Trends, 2032

Transportation Analytics Market Insights

According to a report from Zion Market Research, the global Transportation Analytics Market was valued at USD 26.24 Billion in 2023 and is projected to hit USD 155.94 Billion by 2032, with a compound annual growth rate (CAGR) of 21.9% during the forecast period 2024-2032. This report explores market strengths, weakness, opportunities, and threats. It also provides valuable insights into the market's growth drivers, challenges, and the future prospects that may emerge in the Transportation Analytics Market industry over the next decade.

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This report analyzes and estimates the transportation analytics market at the global, regional, and country levels. The research study provides past data from 2016 to 2018 along with a forecast from 2019 to 2025 based on revenue (USD Billion). Assessment of the transportation analytics market provides thorough insights into the market drivers and restraining factors along with their impact analysis at a global level from 2016 to 2025.

The report covers an in-depth analysis of the strategies adopted by key competitors in the transportation analytics market. To understand the competitive landscape in the transportation analytics market, Porter’s Five Forces analysis is also covered. The research study consists of a market attractiveness analysis, wherein type, mode, and regional segments are benchmarked on the basis of their growth rate and market size.

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Transportation Analytics Market: Report Scope

Transportation Analytics Market: Segmentation

The research study provides a decisive view of the transportation analytics market based on type, mode, and region. All the segments of the transportation analytics market have been analyzed based on past, present, and future trends. The market is estimated from 2024 to 2032.

Based on type, the global transportation analytics market is further divided into descriptive analytics, predictive analytics, prescriptive analytics, and diagnostic analytics.

By mode segment analysis includes roadways, airways, railways and waterways.

The regional segmentation includes the past, present, and future demand for regions such as the Middle East & Africa, North America, Asia Pacific, Latin America, and Europe. The regional segment is further classified into the U.S., UK, France, Germany, China, Japan, India, and Brazil among others. 

The descriptive analytics segment is projected to grow at a notable rate owing to its rising demand in developing economies of the Asia Pacific region.

The roadways segment is estimated to hold a notable chunk of the market considering the rising demand for solutions to reduce traffic congestion in top cities.

Transportation Analytics Market: Competitive Space

Detailed analysis of the major players in the global transportation analytics market includes their financial overview, business strategies, current developments, and the product by them in the market. This will help in analyzing the market competition.

Key competitors comprise in this report are 

• IBM Corporation
• INRIX
• Cubic
• Cellint
• Hitachi
• Kapsch Trafficcom
• Siemens
• SmartDrive Systems
• Syntelic
• OmniTracs 
• among others. 

This report segments the global transportation analytics market as follows:

By Type

• Predictive Analytics
• Descriptive Analytics
• Prescriptive Analytics
• Diagnostic Analytics

By Mode

• Roadways
• Airways
• Railways
• Waterways

Global Transportation Analytics Market: Regional Segment Analysis

• North America
  • U.S.
• Europe
  • UK
  • France
  • Germany
• Asia Pacific
  • China
  • Japan
  • India
• Latin America
  • Brazil
• Middle East and Africa