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Transportation Systems and Analytics Market Size Report Predicts Healthy Growth with Demand & Forecasts by 2024-2031

06-10-2024 03:57 PM CET | IT, New Media & Software

Press release from: Orion Market Research

Transportation Systems and Analytics Market Size Report

The global transportation systems and analytics market is anticipated to grow at a CAGR of 10.1% during the forecast period. An increase in the adoption of efficiency and safety in the logistics management of transportation networks drives the growth of the market. Advanced transportation analytics has great value for both shippers and logistics service providers (LSPs). This value appears in many forms that offer a significant amount of data, providing shippers and LSPs with precious shipping analytics that help make any business function as efficiently as possible. Various factors such as rapidly improving technological innovations, maximizing on-time delivery, and advanced enabling in end-to-end transportation modelling accelerate the growth of the market. Reduction in fuel consumption, travelling time, and air pollution are some of the benefits offered by these analytics solutions. A shift toward automation of operational processes with the use of Artificial Intelligence (AI) and Machine Learning (ML) is likely to foster market growth.

To learn more about this report request a sample copy @ https://www.omrglobal.com/request-sample/transportation-systems-and-analytics-market

Users of supply chain catalysts can identify suppliers with weakening financial, sustainability, reputational and operational risk profiles for risk mitigation. For instance, in May 2022, Moody's Analytics launched supply chain catalyst, a data and analytics platform for monitoring and managing supply chain risk. The solution helps organizations identify structural vulnerabilities and anticipate potential disruptions across their supply chain by providing a 360-degree view of suppliers across financial, sustainability, reputational and operational risk factors.

Automotive clients to unlock the full potential of connected car data. By exploring new approaches it enhance the customer experience but also working towards a more sustainable future. For instance, in February 2023, NTT DATA, a digital business and IT services, launched connected car data initiative to reduce traffic congestion & CO2 emissions. NTT DATA develop a proof of concept (POC) utilizing connected car data owned by Toyota Motor Corp. in a parking lot at Mitsui Shopping Park LaLaport TOKYO-BAY, a shopping mall operated by Mitsui Fudosan Group. This POC validates the processing and analysis of past driving data and real-time driving data (Vehicle speed and Fuel consumption).

Transportation analytics unlocks key insights and enables customers to better understand vehicle stop characteristics and parking trends to help identify where heavy duty truck (HDT) parking is required to help improve safety for drivers. For instance, in April 2023, Geotab Intelligent Transportation Systems (ITS), launched Stop Analytics, a powerful data analytics module that offers aggregate commercial vehicle parking insights. The new module is available on Altitude, a transportation analytics platform focused on aggregating data transparently and consistently to offer the most accurate custom reporting and benchmarking.

Global Transportation Systems and Analytics Market Report Segment

By Type

• Descriptive
• Predictive
• Prescriptive

By Deployment

• On-premise
• Cloud
• Hybrid

By Application

• Traffic Management
• Logistics Management
• Planning & Maintenance
• Others (Transit Planning and Maintenance)

A full report of Transportation Systems and Analytics Market available @ https://www.omrglobal.com/industry-reports/transportation-systems-and-analytics-market

Transportation Systems and Analytics Market Report Segment by Region

North America

• United States
• Canada

Europe

• Germany
• United Kingdom
• France
• Spain
• Italy
• Rest of Europe

Asia-Pacific

• China
• Japan
• India
• Rest of Asia-Pacific

Rest of the World

• Middle East & Africa
• Latin America

Company Profiles

• Alteryx Inc.
• Cubic Corp.
• Cubic Corp.
• Deloitte Touche Tohmatsu Ltd.
• Google LLC
• IBI Group Inc.
• INRIX Corp.
• Intel Corp.
• Kapsch TrafficCom AG
• Omnitracs
• Oracle Corp

Reasons to Buying From us -

1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
4. Our expert research analysts answer all your questions before and after purchasing your report.


Visit more report at

https://www.linkedin.com/pulse/scaffold-technology-market-size-trends-latest-arti-vishwakarma-mlsof/

https://www.linkedin.com/pulse/aesthetic-threads-market-increasing-demand-growth-2031-vishwakarma-pyg5f

Media Contact:

Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offers Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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