The transportation predictive analytics market is growing rapidly over 22% of CAGR and is expected to reach at USD ~1,900 million by the end of forecast period.
Market Research Future Publish a New Report on - “Transportation Predictive Analytics Market Research Report- Forecast 2022”
Exclusive Summery About Report:
In this rapid advancement in technology industry. To have accurate and precise data of transport management and the increase demands of efficient transportation, avoidance of accident technology and reducing the overall risk management and safety measures.
The integral part of the better transportation decision drive transportation predictive management and increasing focus of government in building efficient transportation system is resulting in the growth of transportation predictive analytics market. The existing issues such as lack of safe transportation and more importance towards passengers safety .The increasing demand of transportation predictive analytics market is because of the business which are highly involved in transportation are increasing rapidly.
Taste the market data and market information presented through more than 30 market data tables and figures spread over 100 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Transportation Predictive Analytic…-Forecast to 2022 ”.
Transportation Predictive Analytics Market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including
- Cubic Corporation (U.S.),
- Microsoft Corporation (U.S),
- International Business Machines Corporation (U.S.),
- Xerox Corporation (U.S.),
- SAP SE (Germany),
- Space Time Insight, Inc. (U.S.),
- Predikto Inc. (U.S.),
- Cyient Insights (India),
- Tiger Analytics (U.S.),
- T-Systems (Germany),
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The transportation predictive analytics market has been segmented on the basis of component and transport type. On basis of component type the transportation predictive analytics market consists software and hardware.
The study indicates that software service solutions would grow at a highest rate in the transportation predictive analytics market by the forecast period. The increasing penetration of cloud based services and demand for smart transport management are expected to drive the software-as-a-service market.
Whereas based on transport segment the aviation and roadway system will have the largest market share.
Market Research Analysis:
Market Research Future Analysis shows that new adoptions of cloud computing, evolution of wireless network and Internet of things (IoT) would result in sudden hike in transportation predictive analytics market. It has been observed that developments in smart city concept result in significant growth of transport predictive analytics market.
The major benefits of transportation predictive analytics market are improved safety, higher productivity and efficiency, more safety of passengers. These factors would definitely increase the transportation predictive analytics market very soon.
Regional analysis for transportation predictive analytics market is studied in different geographic regions as Americas, Europe, Asia-Pacific and Rest of world. North America market is mainly dominating the market because of advanced infrastructure growth and transport operations.
Asia-Pacific market is identified as fastest growing market due to rapid advancement and urbanization of countries and investment in the transportation sector and major automotive players in that region.
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Transportation predictive analytics market for segment on the basis of component, transport type and end-user.
Transportation predictive analytics market by Component:
Transportation predictive analytics market by Transport Type:
Transportation predictive analytics market by End-User:
- Public Enterprises
- Private Enterprises
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