Transportation Analytics Market (By Type: Descriptive Analytics, Predictive Analytics, Prescriptive Analytics; By Deployment Mode: On-premise, Cloud, Hybrid; By Application: Logistics Management, Traffic Management, Planning & Maintenance, Others) - Global Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2023-2032

The global transportation analytics market size was exhibited at USD 15.59 billion in 2022 and is projected to hit around USD 71.18 billion by 2032, growing at a CAGR of 16.50% during the forecast period 2023 to 2032.

Key Pointers:

  • By geography, North America and Europe holds the largest market share from 2023-2032.
  • By geography, Asia Pacific region is predicted to be the fastest growing from 2023-2032.
  • By type, the descriptive segment holds the maximum market share in 2022.
  • By deployment mode, the cloud segment dominates the global market.
  • By application, the traffic management segment leads the market and is predicted to grow at a remarkable CAGR of 15.3% from 2023-2032.

Transportation Analytics Market Report Scope

Report Coverage

Details

Market Size in 2023

USD 18.16 Billion

Market Size by 2032

USD 71.18 Billion

Growth Rate From 2023 to 2032

CAGR of 16.50%

Base Year

2022

Forecast Period

2023 to 2032

Segments Covered

            By Type, By Deployment Mode and By Application

Market Analysis (Terms Used)

Value (US$ Million/Billion) or (Volume/Units)

Regional Scope

North America; Europe; Asia Pacific; Central and South America; the Middle East and Africa

Key Companies Profiled

Cubic Corporation, IBM Corporation, Oracle Corporation, SisenseInc., CellintCorporation, Inrix Corporation, Hitachi Ltd., AlteryxInc., OmnitracsLLC, SmartDrive Systems Inc. and Others.

 

The transportation analytics deals with the immense amount of route data within distribution operation. Regardless of the size, it can guide to better business decisions that will ultimately benefit the operation. In addition, transportation analytics provides valuable metrics throughout all stages of the delivery process. It not only helps to learn about the company’s weakest and strongest points but also provides solid reports and deliverables, so the organization can share with clients. Such advantages provide lucrative opportunities for the market growth.

Furthermore, big data analytics is heavily used in supply chain management to evaluate operational hazards, improve communication, secure proprietary data, and improve supply chain accessibility. This data is used by industries in a variety of ways, including predictive analytics and the creation of more efficient cloud-based platforms. Data mining, statistics, and machine learning are used in predictive analytics to assess future supply demands, inventory, and customer behavior. Companies use predictive analytics and machine learning to forecast future physical hazards in the supply chain and financial, customer, and other operational risks, thus propelling the growth of the market.

The emerging transportation analytics trends meet the growing demand for autonomous operations, digitalization, and sustainability. The industry is increasingly adopting driverless vehicles. Startups develop semi and fully autonomous cars with advanced driver-assistance systems (ADAS), light detection and ranging (LIDAR), and computer vision. Drones, robots, and driverless trucks enable autonomous last-mile deliveries. Large-scale electrification solutions are accelerating the development of charging infrastructure and innovative batteries. Other transportation trends include innovative solutions that utilize artificial intelligence (AI), the internet of things (IoT), and blockchain deployed to optimize supply chain management. In addition, businesses explore ways to automate logistic operations by adopting transport analytics solution & services, which drive the growth of the market. In addition, trends such as mobility-as-a-service (MaaS), and smart shipping also find numerous applications in the transportation industry. The focus is to not only improve the overall efficiency of transport operations but also to reach the ultimate goal of sustainability with minimum pollution. Thus, this provides lucrative opportunities for the market growth during the forecast period.

Embracing advanced digital solutions in logistics and transportation industry can improve the operational efficiencies and transparency in the sector by revamping existing business and creating a proactive business model. New-age digital logistics and transportation trends such as implementing technologies like artificial intelligence (AI), machine learning (ML), internet of things (IOT), big data, and blockchain will help businesses to keep pace with brimming competition. Many organizations have now been benefited by implementing ML and AI in transportation industry which have helped them to gain a competitive edge over other players. Through these advanced technologies company can identify patterns and generate insights into the logistics and transportation process which is also useful for predictive network management. These trends provide with real-time data and an unmatched level of transparency throughout the supply chain so that businesses can make informed decisions and enhance the customer experience. Such trends propel the growth of the market during the forecast period.

Optimizing the logistics and transportation network to handle last-mile deliveries is necessary for the business growth. With more autonomy and capabilities in the vehicles, organization can make the logistics operations cheaper, quicker, and safer. Advent of drones and autonomous vehicles is known to be the next generation of logistics business models. Drones can reduce the complex tasks by keeping the check on inventory. Whereas automated vehicles can enhance the driving tasks without human intervention. Therefore, these technologies tend to work for transporting goods between warehouses, eliminating the driving task, inventory counting inside large warehouses, and so on. Embracing new-age digital logistics trends can improve the operations and customer experience, thus driving the growth of the market.

Some of the prominent players in the Transportation Analytics Market include:

  • Cubic Corporation
  • IBM Corporation
  • Oracle Corporation
  • SisenseInc.
  • CellintCorporation
  • Inrix Corporation
  • Hitachi Ltd.
  • AlteryxInc.
  • OmnitracsLLC
  • SmartDrive Systems Inc.

Segments Covered in the Report

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2032. For this study, Nova one advisor, Inc. has segmented the global Transportation Analytics market.

By Type

  • Descriptive Analytics
  • Predictive Analytics
  • Prescriptive Analytics

By Deployment Mode

  • On-premise
  • Cloud
  • Hybrid

By Application

  • Logistics Management
  • Traffic Management
  • Planning & Maintenance
  • Others

By Region

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East & Africa (MEA)

Frequently Asked Questions

The global transportation analytics market size was exhibited at USD 15.59 billion in 2022 and is projected to hit around USD 71.18 billion by 2032

The global transportation analytics market is poised to grow at a CAGR of 16.50% from 2023 to 2032.

The major players operating in the transportation analytics market are Cubic Corporation, IBM Corporation, Oracle Corporation, SisenseInc., CellintCorporation, Inrix Corporation, Hitachi Ltd., AlteryxInc., OmnitracsLLC, SmartDrive Systems Inc. and Others.

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Transportation Analytics Market 

5.1. COVID-19 Landscape: Transportation Analytics Industry Impact

5.2. COVID 19 - Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

Chapter 6. Market Dynamics Analysis and Trends

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Transportation Analytics Market, By Type

8.1. Transportation Analytics Market, by Type, 2023-2032

8.1.1 Descriptive Analytics

8.1.1.1. Market Revenue and Forecast (2020-2032)

8.1.2. Predictive Analytics

8.1.2.1. Market Revenue and Forecast (2020-2032)

8.1.3. Prescriptive Analytics

8.1.3.1. Market Revenue and Forecast (2020-2032)

Chapter 9. Global Transportation Analytics Market, By Deployment Mode

9.1. Transportation Analytics Market, by Deployment Mode, 2023-2032

9.1.1. On-premise

9.1.1.1. Market Revenue and Forecast (2020-2032)

9.1.2. Cloud

9.1.2.1. Market Revenue and Forecast (2020-2032)

9.1.3. Hybrid

9.1.3.1. Market Revenue and Forecast (2020-2032)

Chapter 10. Global Transportation Analytics Market, By Application 

10.1. Transportation Analytics Market, by Application, 2023-2032

10.1.1. Logistics Management

10.1.1.1. Market Revenue and Forecast (2020-2032)

10.1.2. Traffic Management

10.1.2.1. Market Revenue and Forecast (2020-2032)

10.1.3. Planning & Maintenance

10.1.3.1. Market Revenue and Forecast (2020-2032)

10.1.4. Others

10.1.4.1. Market Revenue and Forecast (2020-2032)

Chapter 11. Global Transportation Analytics Market, Regional Estimates and Trend Forecast

11.1. North America

11.1.1. Market Revenue and Forecast, by Type (2020-2032)

11.1.2. Market Revenue and Forecast, by Deployment Mode (2020-2032)

11.1.3. Market Revenue and Forecast, by Application (2020-2032)

11.1.4. U.S.

11.1.4.1. Market Revenue and Forecast, by Type (2020-2032)

11.1.4.2. Market Revenue and Forecast, by Deployment Mode (2020-2032)

11.1.4.3. Market Revenue and Forecast, by Application (2020-2032)

11.1.5. Rest of North America

11.1.5.1. Market Revenue and Forecast, by Type (2020-2032)

11.1.5.2. Market Revenue and Forecast, by Deployment Mode (2020-2032)

11.1.5.3. Market Revenue and Forecast, by Application (2020-2032)

11.2. Europe

11.2.1. Market Revenue and Forecast, by Type (2020-2032)

11.2.2. Market Revenue and Forecast, by Deployment Mode (2020-2032)

11.2.3. Market Revenue and Forecast, by Application (2020-2032)

11.2.4. UK

11.2.4.1. Market Revenue and Forecast, by Type (2020-2032)

11.2.4.2. Market Revenue and Forecast, by Deployment Mode (2020-2032)

11.2.4.3. Market Revenue and Forecast, by Application (2020-2032)

11.2.5. Germany

11.2.5.1. Market Revenue and Forecast, by Type (2020-2032)

11.2.5.2. Market Revenue and Forecast, by Deployment Mode (2020-2032)

11.2.5.3. Market Revenue and Forecast, by Application (2020-2032)

11.2.6. France

11.2.6.1. Market Revenue and Forecast, by Type (2020-2032)

11.2.6.2. Market Revenue and Forecast, by Deployment Mode (2020-2032)

11.2.6.3. Market Revenue and Forecast, by Application (2020-2032)

11.2.7. Rest of Europe

11.2.7.1. Market Revenue and Forecast, by Type (2020-2032)

11.2.7.2. Market Revenue and Forecast, by Deployment Mode (2020-2032)

11.2.7.3. Market Revenue and Forecast, by Application (2020-2032)

11.3. APAC

11.3.1. Market Revenue and Forecast, by Type (2020-2032)

11.3.2. Market Revenue and Forecast, by Deployment Mode (2020-2032)

11.3.3. Market Revenue and Forecast, by Application (2020-2032)

11.3.4. India

11.3.4.1. Market Revenue and Forecast, by Type (2020-2032)

11.3.4.2. Market Revenue and Forecast, by Deployment Mode (2020-2032)

11.3.4.3. Market Revenue and Forecast, by Application (2020-2032)

11.3.5. China

11.3.5.1. Market Revenue and Forecast, by Type (2020-2032)

11.3.5.2. Market Revenue and Forecast, by Deployment Mode (2020-2032)

11.3.5.3. Market Revenue and Forecast, by Application (2020-2032)

11.3.6. Japan

11.3.6.1. Market Revenue and Forecast, by Type (2020-2032)

11.3.6.2. Market Revenue and Forecast, by Deployment Mode (2020-2032)

11.3.6.3. Market Revenue and Forecast, by Application (2020-2032)

11.3.7. Rest of APAC

11.3.7.1. Market Revenue and Forecast, by Type (2020-2032)

11.3.7.2. Market Revenue and Forecast, by Deployment Mode (2020-2032)

11.3.7.3. Market Revenue and Forecast, by Application (2020-2032)

11.4. MEA

11.4.1. Market Revenue and Forecast, by Type (2020-2032)

11.4.2. Market Revenue and Forecast, by Deployment Mode (2020-2032)

11.4.3. Market Revenue and Forecast, by Application (2020-2032)

11.4.4. GCC

11.4.4.1. Market Revenue and Forecast, by Type (2020-2032)

11.4.4.2. Market Revenue and Forecast, by Deployment Mode (2020-2032)

11.4.4.3. Market Revenue and Forecast, by Application (2020-2032)

11.4.5. North Africa

11.4.5.1. Market Revenue and Forecast, by Type (2020-2032)

11.4.5.2. Market Revenue and Forecast, by Deployment Mode (2020-2032)

11.4.5.3. Market Revenue and Forecast, by Application (2020-2032)

11.4.6. South Africa

11.4.6.1. Market Revenue and Forecast, by Type (2020-2032)

11.4.6.2. Market Revenue and Forecast, by Deployment Mode (2020-2032)

11.4.6.3. Market Revenue and Forecast, by Application (2020-2032)

11.4.7. Rest of MEA

11.4.7.1. Market Revenue and Forecast, by Type (2020-2032)

11.4.7.2. Market Revenue and Forecast, by Deployment Mode (2020-2032)

11.4.7.3. Market Revenue and Forecast, by Application (2020-2032)

11.5. Latin America

11.5.1. Market Revenue and Forecast, by Type (2020-2032)

11.5.2. Market Revenue and Forecast, by Deployment Mode (2020-2032)

11.5.3. Market Revenue and Forecast, by Application (2020-2032)

11.5.4. Brazil

11.5.4.1. Market Revenue and Forecast, by Type (2020-2032)

11.5.4.2. Market Revenue and Forecast, by Deployment Mode (2020-2032)

11.5.4.3. Market Revenue and Forecast, by Application (2020-2032)

11.5.5. Rest of LATAM

11.5.5.1. Market Revenue and Forecast, by Type (2020-2032)

11.5.5.2. Market Revenue and Forecast, by Deployment Mode (2020-2032)

11.5.5.3. Market Revenue and Forecast, by Application (2020-2032)

Chapter 12. Company Profiles

12.1. Cubic Corporation

12.1.1. Company Overview

12.1.2. Product Offerings

12.1.3. Financial Performance

12.1.4. Recent Initiatives

12.2. IBM Corporation

12.2.1. Company Overview

12.2.2. Product Offerings

12.2.3. Financial Performance

12.2.4. Recent Initiatives

12.3. Oracle Corporation

12.3.1. Company Overview

12.3.2. Product Offerings

12.3.3. Financial Performance

12.3.4. Recent Initiatives

12.4. SisenseInc.

12.4.1. Company Overview

12.4.2. Product Offerings

12.4.3. Financial Performance

12.4.4. Recent Initiatives

12.5. CellintCorporation

12.5.1. Company Overview

12.5.2. Product Offerings

12.5.3. Financial Performance

12.5.4. Recent Initiatives

12.6. Inrix Corporation

12.6.1. Company Overview

12.6.2. Product Offerings

12.6.3. Financial Performance

12.6.4. Recent Initiatives

12.7. Hitachi Ltd.

12.7.1. Company Overview

12.7.2. Product Offerings

12.7.3. Financial Performance

12.7.4. Recent Initiatives

12.8. AlteryxInc.

12.8.1. Company Overview

12.8.2. Product Offerings

12.8.3. Financial Performance

12.8.4. Recent Initiatives

12.9. OmnitracsLLC

12.9.1. Company Overview

12.9.2. Product Offerings

12.9.3. Financial Performance

12.9.4. Recent Initiatives

12.10. SmartDrive Systems Inc.

12.10.1. Company Overview

12.10.2. Product Offerings

12.10.3. Financial Performance

12.10.4. Recent Initiatives

Chapter 13. Research Methodology

13.1. Primary Research

13.2. Secondary Research

13.3. Assumptions

Chapter 14. Appendix

14.1. About Us

14.2. Glossary of Terms

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