openPR Logo
Press release

Transportation Analytics Market - Optimization in the Transportation & Logistics Industry

12-26-2017 10:56 AM CET | Associations & Organizations

Press release from: Transparency Market Research

/ PR Agency: Transparency Market Research
Transportation Analytics Market - Optimization in

With rapid technological advancements, there is need for efficient transportation. Inefficient transportation difficulties are expensive as well as time consuming. The major concern is in building the infrastructure for transportation such as roads, highways, and railway tracks. This is because manufacturing a car is less time consuming than construction of roads, tracks etc. Rising population and the migration of people from rural areas to the metros is responsible for traffic congestion. Traffic congestion enhances fuel consumption, travelling time, and air pollution and reduces the effectiveness of transportation infrastructure. To overcome these issues, countries such as the U.S., Germany, U.K., and Japan are deploying transportation analytics solutions.

Fill the form to gain deeper insights on this market @ https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=32894

It is important to utilize the existing infrastructure efficiently to avoid congestion and improve the travel time and day-to-day transportation. There is a rise in demand for better access to markets, assets, customer bases and customers. Improved access to resources provides efficient control to companies. There have been several improvements in applications across the verticals of transportation analytics and system market, advanced transportation control systems, analytic solutions, and management solutions. Transportation analytics integrated with advanced transportation control systems along with system integrators are helping to avoid problems associated with transportation systems.

Transportation analytics helps in extracting all the data related to transportation and provides actionable insights. It involves high performance reporting and analysis tools to measure the performance of transport logistics. Transportation data from a variety of different sources automatically flows into an analysis system to a secure way. It is then associated together and processed to generate detailed figures and reports. Transportation analytics helps in enhancing driving efficiency while reducing congestion. It also contributes in optimizing public transport using current fare data.

Data related to transportation is collected and utilized in order to manage the system effectively. There should be a proper monitoring and evaluating system in place. The applications derived from the transportation analytics are profiting the users greatly and additional innovations are expected in the coming years. There are various transportation management solution which includes ticketing management, parking management, fleet management and others. These solutions help firms in effectively managing the transportation and logistics segment.

Transportation analytics involves technologies such as cameras, sensors, and geo-tracking with analytics and helps to determine availability of particular parking slots, in turn reducing congestion. Emergence of smart vehicles on developed roads contributes toward better safety, communication facilities, and advanced infrastructure. This automates the overall management of control systems. There is rapid increase in awareness among passengers/travelers to effectively manage, monitor, and modernize their travel. Furthermore, less congestion and traffic management are expected to favorably impact market growth over the coming years. Thus, factors such as varying travel demands, globalization, and hyper-urbanization are expected to drive the market growth during the forecast period.

Obtain Report Details @ https://www.transparencymarketresearch.com/transportation-analytics-market.html

However, there is lack of awareness about the functioning of transportation analytics solutions which is expected to hamper the market growth. Furthermore, growth in infrastructure is rather slow and cost of transportation analytics solutions is high. These factors are anticipated to restrain the market growth during the forecast period.

The transportation analytics market can be segmented on the basis of solution, application type, industry vertical, and geography. The market on the basis of solution includes analytics solutions, advanced transportation control systems, management solutions and services. The market on the basis of application solution includes remote sensing, transit management, incident management and others. On the basis of industry vertical it can be segmented into roadways, railways, airways, and seaways. The geographical segmentation for speech analytics market includes North America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA), and South America.

Key players of the transportation analytics market are Cellint, Cubic Corporation, Deltion, Ltd., Garmin, Ltd., IBM Corporation, Inrix, Inc. TomTom LV, Oracle, Ryder Systems, Inc., Trimble Navigation, Ltd., Kewill, Ltd., Qualcomm Inc., Traffic Master, Kapsch Ag, Thales, and Decawave Ltd.

About TMR

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

Contact TMR

90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: https://www.transparencymarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Transportation Analytics Market - Optimization in the Transportation & Logistics Industry here

News-ID: 875153 • Views: 220

More Releases from Transparency Market Research

Coronavirus's Impact On Water Analysis Instruments Market
Water analysis instruments are used to analyze water to detect the presence of hazardous chemicals and biological agents. Rising population and significant increase in rate of industrialization has increased water pollution notably which is affecting aquatic ecosystems at a global level. Ever increasing demand for safe, clean, and quality water has forced government organizations to undertake major steps against growing issues of water pollution. Water analysis instruments are used to
Digital Engineering Solutions & Services Market Huge Growth Opportunity by 2027
Digital engineering is the process of data formation, collection, and incorporation using a digital skillset. From drawings to simulation and 3D models, in a digitized world, engineers are constantly utilizing digital technology to collect data and develop design. The art of digital engineering allows designers to explore possibilities through progressive applications and develop innovative solutions in a virtual environment. Obtain Report Details @ https://www.transparencymarketresearch.com/digital-engineering-solutions-and-services-market.html Increasing usage of 3D moduling solutions 3D models are
Coronavirus's Impact On Archival Data Storage Market
Global Archival Data Storage Market: Introduction Archival data storage is a form of storage designed for data which is not needed at present but needs to be stored so that it can be retrieved in the future, if necessary. Usually, backup systems often allow for archiving records. Corporates and government organizations of various countries have started to understand the value of a secure long-term archival storage policy for their sensitive data
SIP Trunking Services Market is likely to expand swiftly, registering a strong C …
SIP (Session Initiation Protocol) Trunking Services market is set to see a steady CAGR (Compound Annual Growth Rate) of 18.6% during the forecast period 2016 to 2024, as per a Transparency Market Research (TMR) study. It would translate to market opportunities worth USD 20.75 bn. It is primarily owing to their cost benefits over traditional telephony systems. Obtain Report Details @ https://www.transparencymarketresearch.com/sip-trunking-services-market.html The use of SIP Trunking services in BFSI, Telecom

All 5 Releases


More Releases for Transportation

Intelligent Transportation System Market
Intelligent Transportation System Market – Global Industry Analysis and Forecast (2017-2026) – By Offering, by type, by Component, Application, and Geography Intelligent Transportation System Market was valued US$ 20.2 Bn in 2017 and is expected to reach US$ 40.5 Bn by 2026 at CAGR of 9.08% during forecast period. Intelligent Transportation System Market (ITS) is a computerized system with diverse applications connected with vehicle transportation. Also, it provides travelers with important information
Asia Pacific Travel Transportation Industry Analysis
The introduction of new travel routes, growing tourist flows and competitive pricing have led to an expanding number of travellers in Asia Pacific. Heavy investments in commercial aircraft fleets and infrastructure, in addition to cooperation with international airlines, are providing a boost for travel demand in this part of the world. The entrance of new players and rising consumer incomes are driving further growth. Browse the full report @ https://www.orbisresearch.com/reports/index/travel-transportation-in-asia-pacific Euromonitor International's
Barge Transportation Market Growth In Transportation Industry to 2024 Profiling …
Dry cargo will account for the maximum barge transportation market revenue share of over USD 75 billion till 2024. The dominance can be attributed to the increasing demand for low value bulk industries for the transportation of recyclable and municipal wastes. The increasing requirement of safe barge transportation services for coal, lumber, steel, ore, and gravel will further propel the revenue generation over the forecast timeframe. Sample Copy of This Report
Cold Chain Logistics Market report with Leading players, Applications Land trans …
Cold Chain Logistics Market The Cold Chain Logistics industry has also suffered a certain impact, but still maintained a relatively optimistic growth, the past four years, Cold Chain Logistics market size to maintain the average annual growth rate of 6.18% from 710 million $ in 2014 to 850 million $ in 2017, BisReport analysts believe that in the next few years, Cold Chain Logistics market size will be further expanded,
Global Intermodal Freight Transportation Market 2017 Knight Transportation, Swif …
Intermodal Freight Transportation Market 2017 A market study based on the Intermodal Freight Transportation Market 2017 inspects the execution of the Intermodal Freight Transportation advertise, encasing a top to bottom judgment of the Intermodal Freight Transportation showcase state and the aggressive scene comprehensively. This report breaks down the capability of Intermodal Freight Transportation market in the present and in addition the future prospects from different points in detail. The Global Intermodal
Transportation Management System Market in Intermodal Transportation to Fuel Dem …
A transportation management system (TMS) is a software solution and a key component of supply chain management used to plan the movement of freight. TMS solutions ensure effective communication between carriers and shippers, enabling them to share real-time information. Thus, logistics and transportation companies increasingly prefer TMS solutions. Leading vendors in the transportation management system market are increasingly investing in transportation management software to offer customers, especially transport and logistics