According to the report, global demand for transportation analytics market was valued at USD 8.4 Billion in 2018, and is expected to reach USD 29.6 Billion in 2025, growing at a rate of 19.7% between 2019 and 2025.
This report analyzes and estimates the transportation analytics market at global, regional, and country level. The research study provides past data from 2016 to 2018 along with forecast from 2019 to 2025 based on revenue (USD Billion). Assessment of the transportation analytics market provides thorough insights of the market drivers and restraining factors along with their impact analysis at global level from 2016 to 2025.
The report covers 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 market attractiveness analysis, wherein type, mode, and regional segments are benchmarked on the basis of their growth rate and market size.
The research study provides a decisive view on the transportation analytics market based on type, mode, and region. All the segments of the transportation analytics market have been analyzed based on the past, present, and future trends. The market is estimated from 2019 to 2025. Based on type, the global transportation analytics market is further divided into descriptive analytics, predictive analytics, prescriptive analytics, and diagnostic analytics. The descriptive analytics segment is projected to grow at a notable rate owing to its rising demand in developing economies of Asia Pacific region. Roadways, airways, railways, and waterways form the mode segment of global transportation analytics market. The roadways segment is estimated to hold a notable chunk of the market considering the rising demand for solutions to reduce traffic congestions in top cities. The regional segmentation includes the past, present, and future demand for regions such as 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.
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 comprises in this report are IBM Corporation, INRIX, Cubic, Cellint, Hitachi, Kapsch Trafficcom, Siemens, SmartDrive Systems, Syntelic, Tom, OmniTracs, and Envista among others.
This report segments the global transportation analytics market as follows:
Global Transportation Analytics Market: Type Segment Analysis
Global Transportation Analytics Market: Mode Segment Analysis
Global Transportation Analytics Market: Regional Segment Analysis