Product Code: PM4188
The global transportation analytics market size is expected to reach USD 62.85 billion by 2032, according to a new study by Polaris Market Research. The report "Transportation Analytics Market Share, Size, Trends, Industry Analysis Report, By Type (Descriptive, Predictive, Prescriptive); By Deployment (On-premise, Cloud, Hybrid); By Application; By Region, And Segment Forecasts, 2024 - 2032" gives a detailed insight into current market dynamics and provides analysis on future market growth.
The global market is experiencing growth driven by the rising expenditure of governments in the transportation sector worldwide and the expansion of smart cities in response to urbanization. Additionally, the increasing consumerization of big data and advancements in analytics technology fueled by artificial intelligence and machine learning will enhance the effectiveness of analytics in the transportation industry. Furthermore, market growth will be propelled by the acquisition of analytics startups, collaboration through mergers, and research and development investments by major industry players to enhance analytic technologies.
According to a report from the Transport Research Centre of the Czech Republic, as of 2018, there were approximately 500 Mn surveillance cameras worldwide, generating a weekly data volume of 15 Bn giga-bytes. This data generation is expected to double every two years and will be stored and analyzed to enhance and streamline public transport. The increasing adoption of intelligent transport systems globally will further harness the potential of data collection and analysis. The data obtained from sensing platforms like intra-vehicular & urban platforms will contribute to the complete objectives of the Intelligent Transport Systems (ITS), including improved access and mobility, economic development, and environmental sustainability. These factors are anticipated to drive market growth over the forecast period.
According to estimates from the automobile industry, the number of vehicles on the road is projected to surpass 2 billion by 2040. Merely constructing new roads and bypasses will not be sufficient to handle the continually increasing traffic in urban areas worldwide. However, by combining new transport analytics solutions and communication technology with the assistance of Artificial Intelligence (AI), a substantial volume of traffic data can be analyzed in real-time to manage the growing number of vehicles. These advancements in the transportation and communication sectors are expected to drive the growth of the market for transportation analytics solutions throughout the forecast period.
Transportation Analytics Market Report Highlights
The prescriptive analytics segment is projected to grow at a faster rate, owing to the emergence of innovative technologies based on AI & ML, coupled with the integration of IoT
Cloud segment dominated the market, as they easily scalable and significant advancements in the cloud computing
The panning & maintenance segment is anticipated to grow fast, as there are substantial service & repairs, downtime, and asset monitoring processes to handle
Asia Pacific is projected to experience faster growth, primarily due to the adoption of intelligent transportation services and robust government funding for smart city plans
The global players include IBM, Sisense, Oracle, Cubic Corporation, INRIX, Cellint, Alteryx, Hitachi, SmartDrive Systems, and Omnitracs
Polaris Market Research has segmented the transportation analytics market report based on type, deployment, application, and region:
Transportation Analytics, Type Outlook (Revenue - USD Billion, 2019 - 2032)
- Descriptive
- Predictive
- Prescriptive
Transportation Analytics, Deployment Outlook (Revenue - USD Billion, 2019 - 2032)
Transportation Analytics, Application Outlook (Revenue - USD Billion, 2019 - 2032)
- Traffic Management
- Logistics Management
- Planning & Maintenance
- Others
Transportation Analytics, Regional Outlook (Revenue - USD Billion, 2019 - 2032)
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Netherlands
- Asia Pacific
- China
- India
- Japan
- South Korea
- Indonesia
- Malaysia
- Latin America
- Argentina
- Brazil
- Mexico
- Middle East & Africa
- UAE
- Saudi Arabia
- Israel
- South Africa
Table of Contents
Introduction
- 1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
- 1.2. Stakeholders
2. Executive Summary
3. Research Methodology
- 3.1. Overview
- 3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources
4. Global Transportation Analytics Market Insights
- 4.1. Transportation Analytics Market - Application Snapshot
- 4.2. Transportation Analytics Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.1.1. Integration of advanced technologies in transportation systems
- 4.2.1.2. Rising emphasis on smart cities and sustainable transportation
- 4.2.2. Restraints and Challenges
- 4.2.2.1. Data security and privacy concerns in transportation analytics
- 4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
- 4.4. PESTEL Analysis
- 4.5. Transportation Analytics Market Application Trends
- 4.6. Value Chain Analysis
- 4.7. COVID-19 Impact Analysis
5. Global Transportation Analytics Market, by Type
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. Global Transportation Analytics Market, by Type, 2019-2032 (USD Billion)
- 5.3. Descriptive
- 5.3.1. Global Transportation Analytics Market, by Descriptive, by Region, 2019-2032 (USD Billion)
- 5.4. Predictive
- 5.4.1. Global Transportation Analytics Market, by Predictive, by Region, 2019-2032 (USD Billion)
- 5.5. Prescriptive
- 5.5.1. Global Transportation Analytics Market, by Prescriptive, by Region, 2019-2032 (USD Billion)
6. Global Transportation Analytics Market, by Deployment
- 6.1. Key Findings
- 6.2. Introduction
- 6.2.1. Global Transportation Analytics Market, by Deployment, 2019-2032 (USD Billion)
- 6.3. On-premise
- 6.3.1. Global Transportation Analytics Market, by On-premise, by Region, 2019-2032 (USD Billion)
- 6.4. Cloud
- 6.4.1. Global Transportation Analytics Market, by Cloud, by Region, 2019-2032 (USD Billion)
- 6.5. Hybrid
- 6.5.1. Global Transportation Analytics Market, by Hybrid, by Region, 2019-2032 (USD Billion)
7. Global Transportation Analytics Market, by Application
- 7.1. Key Findings
- 7.2. Introduction
- 7.2.1. Global Transportation Analytics Market, by Application, 2019-2032 (USD Billion)
- 7.3. Traffic Management
- 7.3.1. Global Transportation Analytics Market, by Traffic Management, By Region, 2019-2032 (USD Billion)
- 7.4. Logistics Management
- 7.4.1. Global Transportation Analytics Market, by Logistics Management, By Region, 2019-2032 (USD Billion)
- 7.5. Planning & Maintenance
- 7.5.1. Global Transportation Analytics Market, by Planning & Maintenance, By Region, 2019-2032 (USD Billion)
- 7.6. Others
- 7.6.1. Global Transportation Analytics Market, by Others, By Region, 2019-2032 (USD Billion)
8. Global Transportation Analytics Market, by Geography
- 8.1. Key findings
- 8.2. Introduction
- 8.2.1. Transportation Analytics Market Assessment, By Geography, 2019-2032 (USD Billion)
- 8.3. Transportation Analytics Market - North America
- 8.3.1. North America: Transportation Analytics Market, by Type, 2019-2032 (USD Billion)
- 8.3.2. North America: Transportation Analytics Market, by Application, 2019-2032 (USD Billion)
- 8.3.3. North America: Transportation Analytics Market, by Deployment, 2019-2032 (USD Billion)
- 8.3.4. Transportation Analytics Market - U.S.
- 8.3.4.1. U.S.: Transportation Analytics Market, by Type, 2019-2032 (USD Billion)
- 8.3.4.2. U.S.: Transportation Analytics Market, by Application, 2019-2032 (USD Billion)
- 8.3.4.3. U.S.: Transportation Analytics Market, by Deployment, 2019-2032 (USD Billion)
- 8.3.5. Transportation Analytics Market - Canada
- 8.3.5.1. Canada: Transportation Analytics Market, by Type, 2019-2032 (USD Billion)
- 8.3.5.2. Canada.: Transportation Analytics Market, by Application, 2019-2032 (USD Billion)
- 8.3.5.3. Canada: Transportation Analytics Market, by Deployment, 2019-2032 (USD Billion)
- 8.4. Transportation Analytics Market - Europe
- 8.4.1. Europe: Transportation Analytics Market, by Type, 2019-2032 (USD Billion)
- 8.4.2. Europe.: Transportation Analytics Market, by Application, 2019-2032 (USD Billion)
- 8.4.3. Europe: Transportation Analytics Market, by Deployment, 2019-2032 (USD Billion)
- 8.4.4. Transportation Analytics Market - UK
- 8.4.4.1. UK: Transportation Analytics Market, by Type, 2019-2032 (USD Billion)
- 8.4.4.2. UK.: Transportation Analytics Market, by Application, 2019-2032 (USD Billion)
- 8.4.4.3. UK: Transportation Analytics Market, by Deployment, 2019-2032 (USD Billion)
- 8.4.5. Transportation Analytics Market - France
- 8.4.5.1. France: Transportation Analytics Market, by Type, 2019-2032 (USD Billion)
- 8.4.5.2. France.: Transportation Analytics Market, by Application, 2019-2032 (USD Billion)
- 8.4.5.3. France: Transportation Analytics Market, by Deployment, 2019-2032 (USD Billion)
- 8.4.6. Transportation Analytics Market - Germany
- 8.4.6.1. Germany: Transportation Analytics Market, by Type, 2019-2032 (USD Billion)
- 8.4.6.2. Germany.: Transportation Analytics Market, by Application, 2019-2032 (USD Billion)
- 8.4.6.3. Germany: Transportation Analytics Market, by Deployment, 2019-2032 (USD Billion)
- 8.4.7. Transportation Analytics Market - Italy
- 8.4.7.1. Italy: Transportation Analytics Market, by Type, 2019-2032 (USD Billion)
- 8.4.7.2. Italy.: Transportation Analytics Market, by Application, 2019-2032 (USD Billion)
- 8.4.7.3. Italy: Transportation Analytics Market, by Deployment, 2019-2032 (USD Billion)
- 8.4.8. Transportation Analytics Market - Spain
- 8.4.8.1. Spain: Transportation Analytics Market, by Type, 2019-2032 (USD Billion)
- 8.4.8.2. Spain.: Transportation Analytics Market, by Application, 2019-2032 (USD Billion)
- 8.4.8.3. Spain: Transportation Analytics Market, by Deployment, 2019-2032 (USD Billion)
- 8.4.9. Transportation Analytics Market - Netherlands
- 8.4.9.1. Netherlands: Transportation Analytics Market, by Type, 2019-2032 (USD Billion)
- 8.4.9.2. Netherlands.: Transportation Analytics Market, by Application, 2019-2032 (USD Billion)
- 8.4.9.3. Netherlands: Transportation Analytics Market, by Deployment, 2019-2032 (USD Billion)
- 8.4.10. Transportation Analytics Market - Russia
- 8.4.10.1. Russia: Transportation Analytics Market, by Type, 2019-2032 (USD Billion)
- 8.4.10.2. Russia.: Transportation Analytics Market, by Application, 2019-2032 (USD Billion)
- 8.4.10.3. Russia: Transportation Analytics Market, by Deployment, 2019-2032 (USD Billion)
- 8.5. Transportation Analytics Market - Asia Pacific
- 8.5.1. Asia Pacific: Transportation Analytics Market, by Type, 2019-2032 (USD Billion)
- 8.5.2. Asia Pacific.: Transportation Analytics Market, by Application, 2019-2032 (USD Billion)
- 8.5.3. Asia Pacific: Transportation Analytics Market, by Deployment, 2019-2032 (USD Billion)
- 8.5.4. Transportation Analytics Market - China
- 8.5.4.1. China: Transportation Analytics Market, by Type, 2019-2032 (USD Billion)
- 8.5.4.2. China.: Transportation Analytics Market, by Application, 2019-2032 (USD Billion)
- 8.5.4.3. China: Transportation Analytics Market, by Deployment, 2019-2032 (USD Billion)
- 8.5.5. Transportation Analytics Market - India
- 8.5.5.1. India: Transportation Analytics Market, by Type, 2019-2032 (USD Billion)
- 8.5.5.2. India.: Transportation Analytics Market, by Application, 2019-2032 (USD Billion)
- 8.5.5.3. India: Transportation Analytics Market, by Deployment, 2019-2032 (USD Billion)
- 8.5.6. Transportation Analytics Market - Malaysia
- 8.5.6.1. Malaysia: Transportation Analytics Market, by Type, 2019-2032 (USD Billion)
- 8.5.6.2. Malaysia.: Transportation Analytics Market, by Application, 2019-2032 (USD Billion)
- 8.5.6.3. Malaysia: Transportation Analytics Market, by Deployment, 2019-2032 (USD Billion)
- 8.5.7. Transportation Analytics Market - Japan
- 8.5.7.1. Japan: Transportation Analytics Market, by Type, 2019-2032 (USD Billion)
- 8.5.7.2. Japan.: Transportation Analytics Market, by Application, 2019-2032 (USD Billion)
- 8.5.7.3. Japan: Transportation Analytics Market, by Deployment, 2019-2032 (USD Billion)
- 8.5.8. Transportation Analytics Market - Indonesia
- 8.5.8.1. Indonesia: Transportation Analytics Market, by Type, 2019-2032 (USD Billion)
- 8.5.8.2. Indonesia.: Transportation Analytics Market, by Application, 2019-2032 (USD Billion)
- 8.5.8.3. Indonesia: Transportation Analytics Market, by Deployment, 2019-2032 (USD Billion)
- 8.5.9. Transportation Analytics Market - South Korea
- 8.5.9.1. South Korea: Transportation Analytics Market, by Type, 2019-2032 (USD Billion)
- 8.5.9.2. South Korea.: Transportation Analytics Market, by Application, 2019-2032 (USD Billion)
- 8.5.9.3. South Korea: Transportation Analytics Market, by Deployment, 2019-2032 (USD Billion)
- 8.6. Transportation Analytics Market - Middle East & Africa
- 8.6.1. Middle East & Africa: Transportation Analytics Market, by Type, 2019-2032 (USD Billion)
- 8.6.2. Middle East & Africa.: Transportation Analytics Market, by Application, 2019-2032 (USD Billion)
- 8.6.3. Middle East & Africa: Transportation Analytics Market, by Deployment, 2019-2032 (USD Billion)
- 8.6.4. Transportation Analytics Market - Saudi Arabia
- 8.6.4.1. Saudi Arabia: Transportation Analytics Market, by Type, 2019-2032 (USD Billion)
- 8.6.4.2. Saudi Arabia.: Transportation Analytics Market, by Application, 2019-2032 (USD Billion)
- 8.6.4.3. Saudi Arabia: Transportation Analytics Market, by Deployment, 2019-2032 (USD Billion)
- 8.6.5. Transportation Analytics Market - UAE
- 8.6.5.1. UAE: Transportation Analytics Market, by Type, 2019-2032 (USD Billion)
- 8.6.5.2. UAE.: Transportation Analytics Market, by Application, 2019-2032 (USD Billion)
- 8.6.5.3. UAE: Transportation Analytics Market, by Deployment, 2019-2032 (USD Billion)
- 8.6.6. Transportation Analytics Market - Israel
- 8.6.6.1. Israel: Transportation Analytics Market, by Type, 2019-2032 (USD Billion)
- 8.6.6.2. Israel.: Transportation Analytics Market, by Application, 2019-2032 (USD Billion)
- 8.6.6.3. Israel: Transportation Analytics Market, by Deployment, 2019-2032 (USD Billion)
- 8.6.7. Transportation Analytics Market - South Africa
- 8.6.7.1. South Africa: Transportation Analytics Market, by Type, 2019-2032 (USD Billion)
- 8.6.7.2. South Africa.: Transportation Analytics Market, by Application, 2019-2032 (USD Billion)
- 8.6.7.3. South Africa: Transportation Analytics Market, by Deployment, 2019-2032 (USD Billion)
- 8.7. Transportation Analytics Market - Latin America
- 8.7.1. Latin America: Transportation Analytics Market, by Type, 2019-2032 (USD Billion)
- 8.7.2. Latin America.: Transportation Analytics Market, by Application, 2019-2032 (USD Billion)
- 8.7.3. Latin America: Transportation Analytics Market, by Deployment, 2019-2032 (USD Billion)
- 8.7.4. Transportation Analytics Market - Mexico
- 8.7.4.1. Mexico: Transportation Analytics Market, by Type, 2019-2032 (USD Billion)
- 8.7.4.2. Mexico.: Transportation Analytics Market, by Application, 2019-2032 (USD Billion)
- 8.7.4.3. Mexico: Transportation Analytics Market, by Deployment, 2019-2032 (USD Billion)
- 8.7.5. Transportation Analytics Market - Brazil
- 8.7.5.1. Brazil: Transportation Analytics Market, by Type, 2019-2032 (USD Billion)
- 8.7.5.2. Brazil.: Transportation Analytics Market, by Application, 2019-2032 (USD Billion)
- 8.7.5.3. Brazil: Transportation Analytics Market, by Deployment, 2019-2032 (USD Billion)
- 8.7.6. Transportation Analytics Market - Argentina
- 8.7.6.1. Argentina: Transportation Analytics Market, by Type, 2019-2032 (USD Billion)
- 8.7.6.2. Argentina.: Transportation Analytics Market, by Application, 2019-2032 (USD Billion)
- 8.7.6.3. Argentina: Transportation Analytics Market, by Deployment, 2019-2032 (USD Billion)
9. Competitive Landscape
- 9.1. Expansion and Acquisition Analysis
- 9.1.1. Expansion
- 9.1.2. Acquisitions
- 9.2. Partnerships/Collaborations/Agreements/Exhibitions
10. Company Profiles
- 10.1. Alteryx
- 10.1.1. Company Overview
- 10.1.2. Financial Performance
- 10.1.3. Product Benchmarking
- 10.1.4. Recent Development
- 10.2. Cellint
- 10.2.1. Company Overview
- 10.2.2. Financial Performance
- 10.2.3. Product Benchmarking
- 10.2.4. Recent Development
- 10.3. Cubic Corporation
- 10.3.1. Company Overview
- 10.3.2. Financial Performance
- 10.3.3. Product Benchmarking
- 10.3.4. Recent Development
- 10.4. Hitachi, Ltd
- 10.4.1. Company Overview
- 10.4.2. Financial Performance
- 10.4.3. Product Benchmarking
- 10.4.4. Recent Development
- 10.5. IBM Corporation
- 10.5.1. Company Overview
- 10.5.2. Financial Performance
- 10.5.3. Product Benchmarking
- 10.5.4. Recent Development
- 10.6. INRIX
- 10.6.1. Company Overview
- 10.6.2. Financial Performance
- 10.6.3. Product Benchmarking
- 10.6.4. Recent Development
- 10.7. Omnitracs
- 10.7.1. Company Overview
- 10.7.2. Financial Performance
- 10.7.3. Product Benchmarking
- 10.7.4. Recent Development
- 10.8. Oracle
- 10.8.1. Company Overview
- 10.8.2. Financial Performance
- 10.8.3. Product Benchmarking
- 10.8.4. Recent Development
- 10.9. Sisense Ltd
- 10.9.1. Company Overview
- 10.9.2. Financial Performance
- 10.9.3. Product Benchmarking
- 10.9.4. Recent Development
- 10.10. SmartDrive Systems, Inc
- 10.10.1. Company Overview
- 10.10.2. Financial Performance
- 10.10.3. Product Benchmarking
- 10.10.4. Recent Development