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Market Overview
Transportation analytics refer to the monitoring of efficient transportation with the use of a structure that is based on advanced analytics. These analytics deliver information regarding driver, drivetime, rout, and unloading time. It utilizes various components such as traffic sensors, monitoring display system, electronic access, mobility management system, and global positioning system, in the transportation system.
Drivers
- Smart Transportation Initiatives
The increase in the adoption of smart transportation initiatives along with the Advanced Traffic Management System (ATMs) across the globe acts as one of the major factors driving the growth of transportation analytics market. An increase in demand for these solutions has been noticed owing to the benefits offered by these analytics such as decline in fuel consumption, air pollution and travelling time.
- Increase in Demand for Automation
The increase in inclination towards automation of operational processes accelerate the market growth. Various advanced automation technologies are being incorporated with the transportation analytics market such as Artificial Intelligence (AI) and Machine Learning (ML).
Global Transportation Analytics Market Scope and Market Size
The transportation analytics market is segmented on the basis of type, mode, deployment, solution and application. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
- Descriptive Analytics
- Predictive Analytics
- Prescriptive Analytics
Mode
- Roadways
- Railways
- Airways
- Waterways
- Others
Deployment
- On-Premise
- Cloud
- Hybrid
Solution
- Analytics Solutions
- Advanced Transportation Control Systems
- Management Solutions
- Services
Application
- Remote Sensing
- Transit Management
- Traffic Management
- Incident Management
- Logistics Management
- Others
Key Players:
Some of the major players operating in transportation analytics market are
- Cellint (Israel)
- Cubic Corporation (US)
- Iteris Inc. (US)
- Deltion, Ltd. (UK)
- Hitachi Ltd. (Japan)
- Garmin, Ltd. (US)
- IBM (US)
- Inrix, Inc. (US)
- TomTom International B.V. (Netehrlands)
- Oracle (US)
- Ryder Systems, Inc. (US)
- Envista LLC (US)
- Syntelic Solutions Corporation (US)
- Trimble Inc. (US)
- SmartDrive Systems Inc. (US)
- KEWILL INDIA PRIVATE LIMITED (India)
- Qualcomm Technologies Inc. (US)
- Traffic Master (UK)
- Thales Group (France)
- Kapsch Ag (Austria)
- Decawave (Ireland)
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