Comprehensive study on Transportation Predictive Analytics And Simulation Market 2020-2027 Boosting the Growth Worldwide | Leading Key Players: Cubic Corporation, IBM Corporation, PTV Group, Xerox Corporation, SAP AG , Space - Time Insight

According to this study, the Transportation Predictive Analytics And Simulation Market report is a complete overview of the market, covering various aspects product definition, segmentation based on various parameters, and the prevailing vendor landscape. The report firstly introduced the electronic data capture software market basics like definitions, classifications, applications and industry chain overview, industry policies and plans, product specifications, manufacturing processes, cost structures and so on. The scope of this report extends from market scenarios to comparative pricing between major players, cost and profit of the specified market regions.

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.

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Leading Key Players profiles 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.

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.

This research report categorizes the transportation analytics market based on type, mode.

By Type, the market has the following segments:
o Descriptive Analytics
o Predictive Analytics
o Prescriptive Analytics

By Mode, the transportation analytics market has the following segments:
o Railways
o Roadways
o Airways
o Waterways

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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.

Contact Us:
Company: The Insight Partners
Contact: Sameer Joshi
Phone: +1-646-491-9876
Email: sam[@]theinsightpartners.com

About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.

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