Press release
Transportation Analytics Market to Soar to $113.51 Billion by 2032 - Key Trends & Insights | IBM Corporation| SAP SE | Oracle Corporation
Transportation Analytics Market Size Was Valued at USD 20.97 Billion in 2023, and is Projected to Reach USD 113.51 Billion by 2032, Growing at a CAGR of 20.64% From 2024-2032.The transportation analytics market involves utilizing data-based tools, software, and techniques to assess transportation systems, enhance operations, and boost efficiency across various transportation modes, such as road, rail, air, and maritime routes. These analyses utilize big data, artificial intelligence (AI), Internet of Things (IoT), and machine learning (ML) to improve traffic management, route optimization, and predictive maintenance.
Innovations in big data, IoT, and cloud computing are transforming transportation. Analytics powered by AI enhance forecasting, whereas IoT allows for immediate traffic monitoring. Cloud computing improves flexibility, remote accessibility, and collaborative decision-making, maximizing efficiency and resolving issues in transportation systems.
Key Players in This Report Include:
IBM Corporation (USA), SAP SE (Germany), Oracle Corporation (USA), Microsoft Corporation (USA), Siemens AG (Germany),Trimble Inc. (USA), Cubic Corporation (USA), Kapsch TrafficCom AG (Austria), TomTom International BV (Netherlands), Iteris, Inc. (USA), TransCore (USA), T-Systems International GmbH (Germany), Inrix, Inc. (USA), Thales Group (France), Hitachi Ltd. (Japan), Alteryx, Inc. (USA), Cellint Traffic Solutions (Israel), Esri (USA) Hexagon AB (Sweden), and Other Active Players.
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A new study has been just published regarding the Transportation Analytics Market by IMR. This includes detailed and crucial study, trend, and forecast up to 2032. The Transportation Analytics market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts, and other key people to have ready-to-access and self-analysed study for understanding market trends, growth drivers, opportunities, and upcoming challenges and competitors.
North America is Expected to Dominate the Market Over the Forecast Period.
Key Industry Developments in the Transportation Analytics Market:
• In May 2024, IBM and SAP SE announced their vision for the next era of their collaboration, which includes new generative AI capabilities and industry-specific cloud solutions that can help clients unlock business value.
• In June 2024, Oracle and Google Cloud announced a partnership that gives customers the choice to combine Oracle Cloud Infrastructure (OCI) and Google Cloud technologies to help accelerate their application migrations and modernization.
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The Transportation Analytics Market segments are illuminated below:
By Type
• Descriptive
• Predictive
• Prescriptive
• Diagnostic
By Mode of Transportation
• Roadways
• Railways
• Airways
• Waterways
• Intermodal
By Component
• Software
• Services
By Application
• Traffic Management
• Traffic Management
• Public Transport
• Freight Management
• Passenger Travel
• Others {Incident Management, Route Optimization}
By Deployment Model
• On-Premise
• Cloud
• Hybrid
The Transportation Analytics market report does highlight the currently prevailing and probable future industry-wide trends and their growth patterns also offers business strategy to help out the stakeholders who can make any sound decision over the profit-making trajectory over forecast years.
Geographically, the distinctive analysis of consumption, revenue, market share, and growth rate of the subsequent areas:
• North America (U.S., Canada, Mexico)
• Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
• Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
• Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New-Zealand, Rest of APAC)
• Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
• South America (Brazil, Argentina, Rest of SA)
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Why Invest in this Report?
➠Leverage Data for Strategic Decision-Making
➠Craft Expansion Strategies for Diverse Markets
➠Conduct Comprehensive Competitor Analysis
➠Gain Insight into Competitors' Financial Metrics
➠Benchmark Against Key Competitors
➠Formulate Region-Specific Growth Strategies
Key questions answered
• How feasible is Transportation Analytics market for long-term investment?
• What are influencing factors driving the demand for Transportation Analytics near future?
• What is the impact analysis of various factors in the Transportation Analytics market growth?
• What are the recent trends in the regional market and how successful they are?
𝐑𝐞𝐚𝐝 𝐃𝐞𝐭𝐚𝐢𝐥𝐞𝐝 𝐈𝐧𝐝𝐞𝐱 𝐨𝐟 𝐟𝐮𝐥𝐥 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐒𝐭𝐮𝐝𝐲 @ https://introspectivemarketresearch.com/reports/transportation-analytics-market/
Strategic Points Covered in Table of Content of Transportation Analytics Market:
Chapter One: Introduction
Chapter Two: Executive Summary
Chapter Three: Transportation Analytics Market Landscape
Chapter Four: Transportation Analytics Market by Type
Chapter Five: Transportation Analytics Market by Application
Chapter Six: Company Profiles and Competitive Analysis
Chapter Seven: Global Transportation Analytics Market by Region
Chapter Eight: Analyst Viewpoint and Conclusion
Chapter Nine: Research Methodology
Contact us:
Vishwanath K (PR & Marketing Manager)
Introspective Market Research Private Limited
Phone: +91-81800-96367 / +91-7410103736
Email: sales@introspectivemarketresearch.com
Web: www.introspectivemarketresearch.com
About us:
At Introspective Market Research Private Limited, we are a forward-thinking research consulting firm committed to driving our clients' growth and market dominance. Leveraging cutting-edge technology, big data, and advanced analytics, we provide deep insights and strategic solutions that enable our clients to stay ahead in a competitive landscape. Our expertise spans across comprehensive Market Research Reports, Holistic Market Insights, Macro-Economic Analysis, and tailored Go-to-Market (GTM) Strategies. Through our Consulting Services and AI-Driven Solutions, we empower businesses to navigate challenges and achieve their objectives. Additionally, we offer Product Design and Prototyping support and Flexible Staffing Solutions to meet evolving industry demands. Our IMR Knowledge Cluster ensures continuous learning and innovation, guiding our clients toward sustainable success.
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