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Transportation Analytics Market Growth Statistics 2022 Global Trend, Industry Size, Share, Business Strategies, Emerging Technology, Product Portfolio, Countries Data, Demand Status and Forecast 2028
Transportation Analytics Market research involves the study of various factors affecting the industry, including market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers, and challenges. New Report on "Transportation Analytics Market" makes a brilliant attempt to unveil key opportunities available in the global Transportation Analytics Industry to help players in achieving a strong market position.
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Transportation data analytics enable the automation of predictive analysis to project future trends, identify business needs, and build long-term strategies for optimizing revenue. A rapid rise in the global population and the need for developed transportation infrastructure is positively influencing the demand for transportation analytics across the globe. Key players of the transportation analytics market are adopting various growth strategies such as product enhancements, launches, mergers, and acquisitions to increase their market share.
Top Listed Players in this Report are:
• Alteryx Inc
• CartoDB Inc.
• Conduent Inc.
• enVista LLC
• Hitachi, Ltd.
• IBM Corporation
• Iteris Inc.
• Siemens AG
• SmartDrive Systems, Inc.
• Syntelic Solutions Corporation
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Market Insights-Transportation Analytics Market
The transportation analytics market is anticipated to grow in the forecast period owing to driving factors such as a rise in passenger travel and development in the transportation infrastructure. Also, government initiatives for smart city development are likely to fuel market growth. However, strict transportation regulatory policies may negatively influence the growth of the transportation analytics market during the forecast period. On the other hand, the advent of autonomous and semi-autonomous vehicles would offer lucrative growth opportunities to the players active in the transportation analytics market.
The global transportation analytics market is segmented on the basis of type and mode. Based on type, the market is segmented as predictive analytics, descriptive analytics, and prescriptive analytics. On the basis of the mode, the market is segmented as railways, roadways, airways, and waterways.
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