“Transportation Analytics Global Market Report 2023 ” from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on transportation analytics market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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- Measure the impact of high global inflation on market growth.
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Where is the largest and fastest growing market for transportation analytics? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The transportation analytics market global report ” from The Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
The impact of higher inflation in many countries and the resulting spike in interest rates.
The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
- 1) By Analytics Type: Descriptive Analytics; Predictive Analytics; Prescriptive Analytics
- 2) By Component: Solutions; Services
- 3) By Deployment: On-Premise; Cloud; Hybrid
- 4) By Application: Remote Sensing; Transit Management; Traffic Management; Incident Management; Logistics Management; Other Applications
- 5) By Mode of Transportation: Railways; Roadways; Maritime; Airways
- Companies Mentioned: IBM Corporation; OmniTracs LLC; Cubic Corporation; Alteryx Inc; Cellint Corporation
- Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA
- Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
- Time series: Five years historic and ten years forecast.
- Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
- Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
- Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
- Delivery format: PDF, Word and Excel Data Dashboard.
Executive Summary
Major players in the transportation analytics market are: IBM Corporation, OmniTracs LLC, Cubic Corporation, Alteryx Inc., Cellint Corporation, Inrix Corporation, Siemens AG, Syntelic Solutions Corporation, Hitachi Limited, Conduent Inc., Oracle Corporation, Envista LLC, Thales Group, Iteris Inc., and INRIX Inc.
The global transportation analytics market is expected to grow from $13.75 billion in 2022 to $16.65 billion in 2023 at a compound annual growth rate (CAGR) of 21.1%. 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 transportation analytics market is expected to grow to $34.44 billion in 2027 at a CAGR of 19.9%.
The transportation analytics market includes revenues earned by entities by providing transport analytics services that are used to make commercial as well as personal transport easier. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The transportation analytics refers to a platform built on advanced analytics to monitor the effectiveness of transportation. These analytics include data on the driver, the drivetime, the route, and the unloading period. The transportation system makes use of a number of different elements, including traffic sensors, monitoring display systems, electronic access, mobility management systems, and global positioning systems.
North America was the largest region in the transportation analytics market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the transportation analytics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The main types of transportation analytics are descriptive analytics, predictive analytics, and prescriptive analytics. The descriptive analytics refer to use of current and historical data to identify trends and relationships. The transportation analytics components are solutions and services that are deployed on on-premise, cloud, and hybrid platforms that are used for remote sensing, transit management, traffic management, incident management, logistics management, and other applications. The various mode of transportation include railways, roadways, maritime, and airways.
The increasing government initiatives for the development of smart cities and advanced commute systems are driving the growth of the transportation analytics market. A smart city is a developed urban area that excels in a number of critical areas, including economy, mobility, environment, people, lifestyle, and government. Smart cities use transportation analytics to monitor and manage their traffic systems. Monitoring equipment, such as sensors, are built into traffic lights and signals that continuously track traffic movement. For instance, according to the India Brand Equity Foundation, a trust of the Department of Commerce in India, the Government of India invested a total of Rs 205,018 crore (US$ 28.31 billion) for the smart city mission in 2020. Furthermore, according to Pinsent Masons LLP, a UK-based law firm which specializes in the energy, infrastructure, financial services, real estate and advanced manufacturing and technology sectors, in December 2020, the government of Japan intended to subsidize the development of smart city projects in Southeast Asia by Japanese corporations with 250 billion yen ($2.4 billion). Therefore, rising government initiatives to develop smart cities are driving the growth of the transportation analytics market.
Advanced traffic management systems (ATMs) is a key trend gaining popularity in the transportation analytics market. Advanced traffic management system (ATMs) is an integrated solution to manage highway traffic through real-time information collection, processing, analysis, and dissemination to the users, concerned agencies, and stakeholders. The introduction of ATMs using transportation analytics enables key players to gain a competitive advantage in the market. In July 2020, Econolite, a US-based provider of traffic management systems, sensor products, and services, developed Centracs Mobility, an adaptable cloud-based platform to enhance traffic management toolkits with helpful data. The adaptable design of Centracs Mobility enables cities and transportation authorities to customize it for their traffic management requirements, optimizing their investment.
In September 2020, Omnitracs, a US-based SaaS-based fleet management and data analytics solutions and transportation technology company acquired SmartDrive for an undisclosed amount. Through this acquisition, both the companies will work together to provide an industry-first integrated, end-to-end platform that improves routing, dispatch, compliance, and driver efficiency and workflow. SmartDrive is a US-based provider of video-based safety and transportation intelligence.
The countries covered in the transportation analytics market report are: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
The transportation analytics market research report is one of a series of new reports from The Business Research Company that provides transportation analytics market statistics, including transportation analytics industry global market size, regional shares, competitors with a transportation analytics market share, detailed transportation analytics market segments, market trends and opportunities, and any further data you may need to thrive in the transportation analytics industry. This transportation analytics market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
Table of Contents
1. Executive Summary
2. Transportation Analytics Market Characteristics
3. Transportation Analytics Market Trends And Strategies
4. Transportation Analytics Market - Macro Economic Scenario
- 4.1. COVID-19 Impact On Transportation Analytics Market
- 4.2. Ukraine-Russia War Impact On Transportation Analytics Market
- 4.3. Impact Of High Inflation On Transportation Analytics Market
5. Transportation Analytics Market Size And Growth
- 5.1. Global Transportation Analytics Historic Market, 2017-2022, $ Billion
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints On The Market
- 5.2. Global Transportation Analytics Forecast Market, 2022-2027F, 2032F, $ Billion
- 5.2.1. Drivers Of The Market
- 5.2.2. Restraints On the Market
6. Transportation Analytics Market Segmentation
- 6.1. Global Transportation Analytics Market, Segmentation By Analytics Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Descriptive Analytics
- Predictive Analytics
- Prescriptive Analytics
- 6.2. Global Transportation Analytics Market, Segmentation By Component, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Solutions
- Services
- 6.3. Global Transportation Analytics Market, Segmentation By Deployment, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- On-Premise
- Cloud
- Hybrid
- 6.4. Global Transportation Analytics Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Remote Sensing
- Transit Management
- Traffic Management
- Incident Management
- Logistics Management
- Other Applications
- 6.5. Global Transportation Analytics Market, Segmentation By Mode Of Transportation, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Railways
- Roadways
- Maritime
- Airways
7. Transportation Analytics Market Regional And Country Analysis
- 7.1. Global Transportation Analytics Market, Split By Region, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 7.2. Global Transportation Analytics Market, Split By Country, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
8. Asia-Pacific Transportation Analytics Market
- 8.1. Asia-Pacific Transportation Analytics Market Overview
- Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
- 8.2. Asia-Pacific Transportation Analytics Market, Segmentation By Analytics Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 8.3. Asia-Pacific Transportation Analytics Market, Segmentation By Mode Of Transportation, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
9. China Transportation Analytics Market
- 9.1. China Transportation Analytics Market Overview
- 9.2. China Transportation Analytics Market, Segmentation By Analytics Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F,$ Billion
- 9.3. China Transportation Analytics Market, Segmentation By Mode Of Transportation, Historic and Forecast, 2017-2022, 2022-2027F, 2032F,$ Billion
10. India Transportation Analytics Market
- 10.1. India Transportation Analytics Market, Segmentation By Analytics Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 10.2. India Transportation Analytics Market, Segmentation By Mode Of Transportation, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
11. Japan Transportation Analytics Market
- 11.1. Japan Transportation Analytics Market, Segmentation By Analytics Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 11.2. Japan Transportation Analytics Market, Segmentation By Mode Of Transportation, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
12. Australia Transportation Analytics Market
- 12.1. Australia Transportation Analytics Market, Segmentation By Analytics Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 12.2. Australia Transportation Analytics Market, Segmentation By Mode Of Transportation, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
13. Indonesia Transportation Analytics Market
- 13.1. Indonesia Transportation Analytics Market, Segmentation By Analytics Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 13.2. Indonesia Transportation Analytics Market, Segmentation By Mode Of Transportation, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
14. South Korea Transportation Analytics Market
- 14.1. South Korea Transportation Analytics Market, Segmentation By Analytics Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 14.2. South Korea Transportation Analytics Market, Segmentation By Mode Of Transportation, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
15. Western Europe Transportation Analytics Market
- 15.1. Western Europe Transportation Analytics Market Overview
- 15.2. Western Europe Transportation Analytics Market, Segmentation By Analytics Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 15.3. Western Europe Transportation Analytics Market, Segmentation By Mode Of Transportation, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
16. UK Transportation Analytics Market
- 16.1. UK Transportation Analytics Market, Segmentation By Analytics Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 16.2. UK Transportation Analytics Market, Segmentation By Mode Of Transportation, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
17. Germany Transportation Analytics Market
- 17.1. Germany Transportation Analytics Market, Segmentation By Analytics Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 17.2. Germany Transportation Analytics Market, Segmentation By Mode Of Transportation, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
18. France Transportation Analytics Market
- 18.1. France Transportation Analytics Market, Segmentation By Analytics Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 18.2. France Transportation Analytics Market, Segmentation By Mode Of Transportation, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
19. Eastern Europe Transportation Analytics Market
- 19.1. Eastern Europe Transportation Analytics Market Overview
- 19.2. Eastern Europe Transportation Analytics Market, Segmentation By Analytics Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 19.3. Eastern Europe Transportation Analytics Market, Segmentation By Mode Of Transportation, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
20. Russia Transportation Analytics Market
- 20.1. Russia Transportation Analytics Market, Segmentation By Analytics Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 20.2. Russia Transportation Analytics Market, Segmentation By Mode Of Transportation, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
21. North America Transportation Analytics Market
- 21.1. North America Transportation Analytics Market Overview
- 21.2. North America Transportation Analytics Market, Segmentation By Analytics Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 21.3. North America Transportation Analytics Market, Segmentation By Mode Of Transportation, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
22. USA Transportation Analytics Market
- 22.1. USA Transportation Analytics Market Overview
- 22.2. USA Transportation Analytics Market, Segmentation By Analytics Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 22.3. USA Transportation Analytics Market, Segmentation By Mode Of Transportation, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
23. South America Transportation Analytics Market
- 23.1. South America Transportation Analytics Market Overview
- 23.2. South America Transportation Analytics Market, Segmentation By Analytics Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 23.3. South America Transportation Analytics Market, Segmentation By Mode Of Transportation, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
24. Brazil Transportation Analytics Market
- 24.1. Brazil Transportation Analytics Market, Segmentation By Analytics Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 24.2. Brazil Transportation Analytics Market, Segmentation By Mode Of Transportation, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
25. Middle East Transportation Analytics Market
- 25.1. Middle East Transportation Analytics Market Overview
- 25.2. Middle East Transportation Analytics Market, Segmentation By Analytics Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 25.3. Middle East Transportation Analytics Market, Segmentation By Mode Of Transportation, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
26. Africa Transportation Analytics Market
- 26.1. Africa Transportation Analytics Market Overview
- 26.2. Africa Transportation Analytics Market, Segmentation By Analytics Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 26.3. Africa Transportation Analytics Market, Segmentation By Mode Of Transportation, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
27. Transportation Analytics Market Competitive Landscape And Company Profiles
- 27.1. Transportation Analytics Market Competitive Landscape
- 27.2. Transportation Analytics Market Company Profiles
- 27.2.1. IBM Corporation
- 27.2.1.1. Overview
- 27.2.1.2. Products and Services
- 27.2.1.3. Strategy
- 27.2.1.4. Financial Performance
- 27.2.2. OmniTracs LLC
- 27.2.2.1. Overview
- 27.2.2.2. Products and Services
- 27.2.2.3. Strategy
- 27.2.2.4. Financial Performance
- 27.2.3. Cubic Corporation
- 27.2.3.1. Overview
- 27.2.3.2. Products and Services
- 27.2.3.3. Strategy
- 27.2.3.4. Financial Performance
- 27.2.4. Alteryx Inc
- 27.2.4.1. Overview
- 27.2.4.2. Products and Services
- 27.2.4.3. Strategy
- 27.2.4.4. Financial Performance
- 27.2.5. Cellint Corporation
- 27.2.5.1. Overview
- 27.2.5.2. Products and Services
- 27.2.5.3. Strategy
- 27.2.5.4. Financial Performance
28. Key Mergers And Acquisitions In The Transportation Analytics Market
29. Transportation Analytics Market Future Outlook and Potential Analysis
30. Appendix
- 30.1. Abbreviations
- 30.2. Currencies
- 30.3. Historic And Forecast Inflation Rates
- 30.4. Research Inquiries
- 30.5. The Business Research Company
- 30.6. Copyright And Disclaimer