Transportation Predictive Analytics And Simulation Market 2023 - Industry Share, Business Segments, Innovative Technologies And Outlook by 2032

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

Transportation Predictive Analytics And Simulation Market Size, Growth Rate, And Forecast

The global transportation predictive analytics and simulation market size is expected to grow from $2.31 billion in 2022 to $2.54 billion in 2023 at a compound annual growth rate (CAGR) of 10.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global transportation predictive analytics and simulation market size is expected to reach $3.57 billion in 2027 at a CAGR of 8.9%.

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Transportation Predictive Analytics And Simulation Market Drivers

The growing instances of road accidents are expected to propel the growth of the transportation predictive analytics and simulation market going forward. Road accidents refer to accidents that occur on roads, highways, and other thoroughfares. This has resulted from an increase in the number of vehicles on the road, changes in traffic patterns or road conditions, driver error, or changes in weather patterns.

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Transportation Predictive Analytics And Simulation Market Segments

• By Component: Software, Services
• By Simulation Method: Microscopic, Macroscopic, Mesoscopic
• By Type: On-Premise, Cloud-based
• By Application: Roadways, Railways, Airways, Seaways, Other Applications
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Transportation Predictive Analytics And Simulation market.

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Transportation Predictive Analytics And Simulation Market Key Players

Major competitors in the Transportation Predictive Analytics And Simulation market include SAP AG, IBM Corporation, T-Systems International GmbH, Xerox Corporation, Cubic Corporation, Cyient Insights Private Limited.

The Business Research Company's "Global Transportation Predictive Analytics And Simulation Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.

The Table Of Content For The Transportation Predictive Analytics And Simulation Market Include:

1. Executive Summary
2. Transportation Predictive Analytics And Simulation Market Characteristics
3. Transportation Predictive Analytics And Simulation Market Trends And Strategies
4. Transportation Predictive Analytics And Simulation Market - Macro Economic Scenario
5. Transportation Predictive Analytics And Simulation Market Size And Growth
.........................
26. Africa Transportation Predictive Analytics And Simulation Market
27. Transportation Predictive Analytics And Simulation Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Transportation Predictive Analytics And Simulation Market
29. Transportation Predictive Analytics And Simulation Market Future Outlook and Potential Analysis
30. Appendix

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