What is the Global market size of the Transportation Analytics Market?

Global Transportation Analytics Market size was valued at USD 15.89 billion in 2021 and is poised to grow from USD 18.7 billion in 2022 to USD 68.4 billion by 2030, growing at a CAGR of 17.6% in the forecast period (2023-2030).

What is the key driver of the Global Transportation Analytics Market?

One of the key reasons propelling the growth of the transportation analytics market is the rise in the deployment of advanced traffic management systems (ATMs) and smart transportation initiatives globally. Because of the advantages provided by these analytics, such as reductions in fuel usage, air pollution, and travel time, there has been an increase in demand for these solutions.

What is the key market trend for the Global Transportation Analytics Market?

Transportation Infrastructure to Gain Momentum: Transportation systems and analytics are in high demand as a result of the development of electronic access, mobility management, traffic sensors, and displays to effectively monitor the system. Greater communication, increased safety, and upgraded infrastructure that automates control system management are the main benefits of the proliferation of smart cars on smart roads. The transportation systems and analytics industry may benefit from an increase in travelers understanding of how to effectively manage, monitor, and streamline their journey as well as from less congestion and traffic management.

Which region accounted for the largest share in the Global Transportation Analytics Market?

In 2022, North America is anticipated to hold the biggest market share, at 38%. The market for transportation systems and analytics is most developed in North America. Several ITS systems are in place to handle the area's expanding traffic and public transportation infrastructure. Commercial drone sales in the region are increasing rapidly as a result of rigorous regulations on drone pilots and registrations being implemented by nations like the United States. As a result, it is anticipated that during the projected period, the aviation industry would experience a large increase in demand for ITS systems. The region's demand for Transportation Systems and Analytics is driven by the region's significant demand for dedicated short-range communication devices that stop traffic congestion in both passenger and commercial road vehicles.

Top Transportation Analytics Companies

Skyquest Technology's expert advisors have carried out comprehensive research and identified these companies as industry leaders in the Transportation Analytics Market. This Analysis is based on comprehensive primary and secondary research on the corporate strategies, financial and operational performance, product portfolio, market share and brand analysis of all the leading Transportation Analytics industry players.

Transportation Analytics Market Competitive Landscape

Industry participants are projected to find that strategic alliances, mergers, and acquisitions are the most efficient means of expanding their access to growing markets and their technological prowess. Additionally, it is anticipated that product innovation and distinctiveness would open up new business opportunities. In addition, the growing startup scene and transport analytics startups like TERAKI, Populus.ai, Sixgill, Conduent, Urbanlogiq, Motion tag, IoTium, Immense simulations, Cyberowl, Emu Analytics, and B-Line Transportation, among others, could create competition.

In January 2019 Cubic bought Gridsmart Technologies Inc, the maker of video tracking devices. GRIDSMART Technologies Inc. specializes in video detection at junctions utilizing computer vision modeling and machine learning, which will expand Cubic Corporation's product line and clientele.

Top Players in the Transportation Analytics Market

IBM Corporation
Siemens AG
SAP SE
Cellint
Cubic Corporation
Alteryx, Inc.
Hitachi, Ltd.
OmniTracs, LLC
TomTom International BV
Thales Group
Techvantage Analytics
Mu Sigma Inc.
SAS Institute Inc.
Inrix Inc.
Caliper Corporation
Oracle Corporation
Accela, Inc.
Inrix, Inc.
Kapsch TrafficCom AG
Iteris Inc.

Transportation Analytics Market Recent Development

In September 2021, Geotab, a connected transportation solutions provider, launched a new transportation analytics platform within its Intelligent Transportation Systems (ITS) line of business.
In January 2020, Sisense merged with Periscope Data, which is now branded and sold as Sisense for cloud data teams. The merger of the two companies will help bring together an independent, unified, and end-to-end data analytics platform for their customers.

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FAQs

Transportation Analytics Market size was valued at USD 37.92 Billion in 2024 and is poised to grow from USD 46.15 Billion in 2025 to USD 222.08 Billion by 2033, growing at a CAGR of 21.7% during the forecast period (2026–2033).

Transportation analytics companies should focus on utilization of advanced technologies to improve their business scope. Targeting developing countries such as India and Brazil with high traffic congestion is slated to be a key opportunity for transportation analytics providers in the long run. Developed countries are forecasted to witness a high demand for transportation analytics with predictive capabilities going forward. 'IBM (US) ', 'Siemens (Germany) ', 'Cubic (US) ', 'Cellint (Israel) ', 'Alteryx (US) ', 'Kapsch Trafficcom (Austria) ', 'INRIX (US) ', 'Indra Sistemas (Spain) ', 'Trimble (US) ', 'TomTom (Netherlands) ', 'Iteris Inc. (US) ', 'Conduent (US) ', 'Hitachi (Japan) ', 'Thales Group (France) ', 'OmniTracs (US) ', 'Techvantagee (US) ', 'CARTO (Spain) ', 'Syntelic (US) ', 'SmartDrive Systems (US) ', 'Envista (US)'

Emphasis on Predictive Analytics: Transportation analytics companies should focus on providing predictive analytics to stand out from the competition in the long run. Predictive analytics is transforming transportation by forecasting traffic patterns, vehicle maintenance needs, and passenger demand. Focusing on this transportation analytics market trend can help transportation providers optimize their business and improve resource utilization as well.

North America is anticipated to account for a dominant share of the global transportation analytics market. Presence of highly complex logistics chains, growing traffic congestion, and increasing adoption of intelligent transportation systems are helping this region bring in more revenue than others going forward. High emphasis on sustainability in transportation is bolstering the demand for better route optimization and traffic management thereby promoting transportation analytics adoption. The United States is projected to be the most opportune market in this region followed by Canada. Increasing efforts to optimize logistics and supply chains are also expected to offer new opportunities for transportation analytics companies.

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Transportation Analytics Market

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Top Transportation Analytics Companies

Transportation Analytics Market Competitive Landscape

FAQs

What is the global market size of Transportation Analytics Market?

Who are the key vendors in the Transportation Analytics Market?

What is the key driver of Transportation Analytics Market?

What is the key market trend for Transportation Analytics Market?

Which region accounted for the largest share in Transportation Analytics Market?

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