Transportation Predictive Analytics And Simulation Market Growth, Development and Key Manufacturers Cubic Corporation, IBM Corporation, PTV Group, Xerox Corporation, SAP AG , Space - Time Insight, Predikto Inc., Cyient - Insights, Tiger Analytics

Data and analytics are already shaping the way market develops connection between buyers and sellers for many product and services. These platforms are also meeting the unmet demand in transportation industry. For instance, conventional taxicabs relied on hand waving signal mechanism - a passenger waving hands to the empty cabs in the street. This process has created significant demand in the transportation industry. Growth in hailing business has created an urge for different business model to emerge. This business model combines the use of digital platforms with location based navigation technology to instantly meet the needs of passengers in close proximity. This is just a niche example of the model of disruption fueled by predictive analytics and simulation.

Concept of smart cities on the other hand requires automating complex decision making to become more efficient. Transportation for the development of smart cities is one of the major area in which rapid decision making is of utmost importance. Smart transportation utilizing the IoT and automated algorithms can result in 10 - 20% of potential reduction in traffic congestion. For instance, in some cities deployment of such technology is already reaping benefits. In Singapore, data obtained from sensors is being utilized to predict traffic congestion in real time and is also aiding to adjust tolls to limit jams. We predict that using predictive analytics and simulation in transportation management could produce an economic impact of US$ 100 - US$ 500 Bn by reducing traffic congestion.

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The Transportation Predictive Analytics And Simulation Market report aims to provide a 360-degree view of the market in terms of cutting-edge technology, key developments, drivers, restraints and future trends with impact analysis of these trends on the market for short-term, mid-term and long-term during the forecast period. Further, the report also covers key players profiling with detailed SWOT analysis, financial facts and key developments of products/service from the past three years.

Companies profiled in this report includes, Cubic Corporation, IBM Corporation, PTV Group, Xerox Corporation, SAP AG , Space - Time Insight, Predikto Inc., Cyient - Insights, Tiger Analytics Inc., andT - Systems International GmbH.

After studying key companies, the report focuses on the startups contributing towards the growth of the market. Possible mergers and acquisitions among the startups and key organizations are identified by the report’s authors in the study. As leading companies take efforts to maintain their dominance in the global Transportation Predictive Analytics And Simulation market, the right way to do so is by adopting new technologies and strategies. The report highlights major technological developments and changing trends adopted by key companies over a period of time. For a stronger and more stable business outlook, the report on the global market carries key projections that can be practically studied.

The report provides information on the technological advancements that are bound to take place in the coming years or are currently taking place in the market. Furthermore, the opportunities and threats faced by the main player’s dominant in the Global Transportation Predictive Analytics And Simulation market have been highlighted. This report covers the market from the bottom line, starting from its definition. Later, it segments the market on various criteria to give a depth of understanding on the various product types and pricing structures and applications. Each and every segment is examined carefully by factoring in sales, revenue and market size in order to understand the potential of growth and scope.

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Reason to Buy

- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Transportation Predictive Analytics And Simulation Market
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the Transportation Predictive Analytics And Simulation Market, thereby allowing players to develop effective long term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.

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