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Why You Should Invest In this Industry | The Transportation Analytics Market Size Reach USD 72.4 Billion by 2031

07-15-2024 03:12 PM CET | IT, New Media & Software

Press release from: Allied Market Research

Why You Should Invest In this Industry | The Transportation

Allied Market Research published a new report, titled, " Why You Should Invest In this Industry | The Transportation Analytics Market Size Reach USD 72.4 Billion by 2031." The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segment, Porter's Five Forces analysis, and competitive landscape. This study is a helpful source of information for market players, investors, VPs, stakeholders, and new entrants to gain thorough understanding of the industry and determine steps to be taken to gain competitive advantage.

The emerging transportation analytics trends to meet the growing demand for autonomous operations, digitalization, and sustainability serves as a potential opportunity for the expansion of the global transportation analytics market. The outbreak of the COVID-19 pandemic led to implementation of the global lockdown which resulted to import & export restrictions, thereby causing disruptions in the supply chain.

Request Sample Report (Get Full Insights in PDF - 312 Pages) at: https://www.alliedmarketresearch.com/request-sample/A06267

The global transportation analytics market was valued at USD 12.9 billion in 2021, and is projected to reach USD 72.4 billion by 2031, growing at a CAGR of 19.2% from 2022 to 2031.

The transportation analytics market is segmented into component, deployment mode, type, application, mode of transport, and region. As per component, it is bifurcated into solutions and services. According to deployment mode, it is divided into on-premise, hybrid, and cloud. On the basis of type, it is categorized into predictive, descriptive, and prescriptive. Depending on application, the market is segmented into traffic and incident management, transit planning and maintenance, logistics management, and others. By mode of transport, it is categorized into roadways, railways, airways, and waterways. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Access the full summary at: https://www.alliedmarketresearch.com/transportation-analytics-market-A06267

Covid-19 Scenario:

● The outbreak of the COVID-19 pandemic had a negative impact on the growth of the global transportation analytics market, owing to implementation of global lockdown which resulted to import & export restrictions, thereby causing disruptions in the supply chain.

● Due to stoppage of import & export activities, the demand for transportation analytics decreased during the pandemic.

If you have any questions, Please feel free to contact our analyst at: https://www.alliedmarketresearch.com/connect-to-analyst/A06267

Based on application, the traffic and incident management segment accounted for the highest share in 2021, contributing to more than two-fifths of the global transportation analytics market, and is expected to maintain its lead in terms of revenue during the forecast period. However, transit planning and maintenance segment is expected to manifest the highest CAGR of 25.4% from 2022 to 2031.

Based on mode of transport, the roadways segment accounted for the highest share in 2021, holding more than two-fifths of the global transportation analytics market, and is expected to continue its leadership status during the forecast period. However, the airways segment is estimated to grow at the highest CAGR of 26.6% during the forecast period.

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Based on region, Europe held the largest share in 2021, contributing to more than one-third of the global transportation analytics market share. However, the Asia-Pacific region is expected to manifest the fastest CAGR of 24.1% during the forecast period, and is projected to maintain its dominant share in terms of revenue in 2031. The research also analyzes regions including North America and LAMEA.

Leading market players of the global transportation analytics market analyzed in the research include IBM Corporation, INRIX, Indra Sistemas, S.A., Cubic Corporation, TomTom International BV, Alteryx, Inc., Siemens AG, Cellint, Trimble Inc., and Kapsch TrafficCom AG.

Buy Now & Get Exclusive Discount on this Report (312 Pages PDF with Insights, Charts, Tables, and Figures) at: https://www.alliedmarketresearch.com/transportation-analytics-market/purchase-options

Thanks for reading this article, you can also get an individual chapter-wise section or region-wise report versions like North America, Europe, or Asia.

If you have any special requirements, please let us know and we will offer you the report as per your requirements.

Lastly, this report provides market intelligence most comprehensively. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland Oregon. AMR 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 in making strategic business decisions and achieving sustainable growth in their respective market domains.

AMR launched its user-based online library of reports and company profiles Avenue. An e-access library is accessible from any device anywhere and at any time for entrepreneur's stakeholder's researchers and students at universities. With reports on more than 60000 niche markets with data comprising of 600000 pages along with company profiles on more than 12000 firms, Avenue offers access to the entire repository of information through subscriptions. A hassle-free solution to clients' requirements is complemented with analyst support and customization requests.

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