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Big Data Analytics in Transportation Market

04-05-2019 04:07 PM CET | Logistics & Transport

Press release from: Allied Market Research

Big data analytics involves the examination of large and varied data sets to help organizations make more informed business decisions. Further, the introduction of big data analytics in the transportation industry has increased the efficiency of data management and predictive modeling.

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Various travel and transportation industry segments, such as airlines, railways, freight logistics, hospitality, and others, have adopted big data analytics to manage customer records, transaction history, and pricing data for better customer feedback.

Benefits of big data analytics, such as identification of the bottleneck in the transportation network to enable optimized route planning, detection of networks with poor infrastructure, and calculation of travel delay, drive the market growth.

However, lack of skilled labor and data security concerns limit this growth. Moreover, adoption of transportation analytics by freight transportation and fleet management sectors presents a major growth opportunity for the market.

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The big data analytics in the transportation market is segmented based on component, application, and geography. The components studied in this report are software and services. On the basis of application, the market is divided into customer analytics and loyalty marketing, customer and pricing optimization, predictive maintenance analysis, and others. Geographically, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The major players operating in big data analytics in transportation market are

• IBM Corporation
• Microsoft Corporation
• Amazon Web Services
• SAP SE
• Oracle Corporation
• Splunk Inc.
• Hewlett-Packard Co.
• Teradata Corporation
• Cloudera Inc.
• Tableau Software, Inc.

Big Data Analytics In Transportation Market Key Segments:

By Component

• Software
• Services

By Application

• Customer Analytics and Loyalty Marketing
• Customer and Pricing Optimization
• Predictive Maintenance Analytics

Chapter: 3 MARKET OVERVIEW

3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS

3.2.1. Top investment pockets
3.2.2. Top winning strategies

3.3. MARKET SHARE ANALYSIS, 2016
3.4. PORTER’S FIVE FORCES ANALYSIS

3.4.1. MARKET DYNAMICS
3.4.2. Drivers
3.4.3. Restraints
3.4.4. Opportunities

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About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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