Transportation Systems & Analytics Market Size, Share | 2031
Transportation Systems & Analytics Market Size, Share | 2031
Segments - Global Transportation Systems & Analytics Market by Applications (Airways, Railways, Roadways, and Waterways), Types (Advanced Transportation Control System, Analytics Solution, and Management Solutions), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028
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| Report ID :ICT-SE-3908
| 4.9 Rating
| 73 Reviews
| 221 Pages
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Report Description
The global transportation systems & analytics market size is projected to register a considerable CAGR during the forecast period, 2021–2028. The growth of the market is attributed to the hyper-urbanization, rapid globalization, and increasing travel convenience.
Transportation systems and analytics aid businesses to make more efficient and informed decisions regarding the operation of transport system. The technology perform advanced analytics and improve customer satisfaction by delivering major information about the effective function of transport service on time. Using the technology, users can translate trapped photos and data into relevant information and signals using transportation analytics. The introduction of vehicle-to-infrastructure and vehicle-to-vehicle communication technologies has substantially improved traffic management by giving features such as early warnings before an accident, which recognises the hazard and displays the warning message on the screen immediately. Furthermore, collision avoidance technology allows drivers to share information with other road users, assuring that the car would either display a warning message or apply automatic breaks in the event of an accident. Infrastructure improvements have opened the path for the smart car, which offer features such as improved infrastructure, reduced traffic congestion, higher safety, and improved communication capabilities. Some of these factors such as managing operational efficiencies, preserving security and safety, and decreasing environmental impact are basically obtained using highly efficient advanced solutions such as data analytics intelligent systems.
The COVID-19 outbreak has adversely impacted the market due to movement restriction impacted by emergency lockdown that brought complete disruption to the global transportation systems. However, the use of transport analytics system is expected to grow rapidly owing to a mix of factors including increased traffic, the desire to prevent traffic congestion, and focus on efficient transportation.
Market Trends, Drivers, Restraints, and Opportunities
- Rising demand for better access to resources, a larger client base, and solutions that allow businesses to manage traffic more efficiently are expected to drive the market.
- Incorporating intelligent technologies provides unrestricted mobility to the growing population, smooth handling of traffic problems, and driving efficiency with quick service. These are key factors projected to boost the market.
- Installation of modern control systems, which necessitates the construction of a Traffic Management Center (TMC) at a considerable cost can hamper the market growth during the forecast period.
- Lack of adequate technical knowledge about handling the analytical devices is a major challenge that can hinder the market growth during the given timeline.
- International governmental bodies are stepping up their efforts to achieve sustainable development goals and green energy solutions, which are anticipated to create lucrative opportunities for market expansion.
Scope of the Report
The report on the global transportation systems & analytics market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
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Attributes |
Details |
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Report Title |
Transportation Systems & Analytics Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast |
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Base Year |
2020 |
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Historic Data |
2018–2019 |
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Forecast Period |
2021–2028 |
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Segmentation |
Applications (Airways, Railways, Roadways, and Waterways) and Types (Advanced Transportation Control System, Analytics Solution, and Management Solutions) |
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Regional Scope |
Asia Pacific, North America, Latin America, Europe, and Middle East & Africa |
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Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
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Key Players Covered in the Report |
Kapsch; Kewill Ltd.; Trimble Navigation Ltd.; Ryder System Inc.; Qualcomm Inc.; Cubic Corporation; Garmin Ltd.; IBM; Cellint; Deltion Ltd.; Emkay; Moxa; Thales; Tomtom; Traffic Master; Siemens; Honeywell; INRIX; Image Sensing Systems; LeddarTech Inc.; Decawave Ltd.; and NovAtel |
Market Segment Insights
Railways segment to expand at a considerable CAGR
On the basis of applications, the transportation systems & analytics market is segmented into airways, railways, roadways, and waterways. The railways segment is projected to expand at a considerable CAGR during the forecast period due to massive requirement of data analytics to create manufacturing schedules for raw resources and final commodities in the railways system. On the other hand, the airways segment is anticipated to account for a major market share during the forecast period as these systems include location tracking technology that allow users to track every vehicle movement within airport grounds. Moreover, as the facility to generate status updates using the devices on any asset managed by an air service organization present another key driver of the segment.
Analytics solution segment to hold significant share of the market
In terms of types, the market is divided into advanced transportation control system, analytics solution, and management solutions. The analytics solution segment is expected to hold a significant share of the market ascribed to rising demand for better performance and decisions. However, the advanced transportation control system segment is projected to account for a key market share as it enables real-time monitoring of all transportation networks including rail, highways, and aero planes, across a wide range of geographical regions.
North America is anticipated to constitute a key market share
In terms of regions, the transportation systems & analytics market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. North America is expected to constitute a key share of the market during the projected period as the frequency of traffic accidents rises in the region. Moreover, the regional governments’ policies towards the establishment of better transportation control systems act as key drivers of the regional market. However, the market of Europe is anticipated to expand at a rapid pace during the forecast period due to the introduction of European high-speed train service between cities such as the Paris–Brussels route. Additionally, the wide railway operators' adoption of advanced analytics systems for better transport service is another key aspect of the regional market growth.
Segments
Segments Covered in the Report
The global transportation systems & analytics market has been segmented on the basis of
Applications
- Airways
- Railways
- Roadways
- Waterways
Types
- Advanced Transportation Control System
- Analytics Solution
- Management Solutions
Regions
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East & Africa
Key Players
- Kapsch
- Kewill Ltd.
- Trimble Navigation Ltd.
- Ryder System Inc.
- Qualcomm Inc.
- Cubic Corporation
- Garmin Ltd.
- IBM
- Cellint
- Deltion Ltd.
- Emkay
- Moxa
- Thales
- Tomtom
- Traffic Master
- Siemens
- Honeywell
- INRIX
- Image Sensing Systems
- LeddarTech Inc.
- Decawave Ltd.
- NovAtel
Competitive Landscape
Key players competing in the global transportation systems & analytics market are Kapsch; Kewill Ltd.; Trimble Navigation Ltd.; Ryder System Inc.; Qualcomm Inc.; Cubic Corporation; Garmin Ltd.; IBM; Cellint; Deltion Ltd.; Emkay; Moxa; Thales; Tomtom; Traffic Master; Siemens; Honeywell; INRIX; Image Sensing Systems; LeddarTech Inc.; Decawave Ltd.; and NovAtel. Along with mergers and acquisitions, launching of innovative solutions and technology are mainly emphasized by major players as vital growth strategies. IBM and Honeywell, for example, have started implementing analytics solutions and hiring small-scale local domain specialists to get into niche markets.
Table Of Content
1. Executive Summary2. Assumptions and Acronyms Used
3. Research Methodology
4. Transportation Systems & Analytics Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Transportation Systems & Analytics Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Transportation Systems & Analytics Market - Supply Chain
4.5. Global Transportation Systems & Analytics Market Forecast
4.5.1. Transportation Systems & Analytics Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Transportation Systems & Analytics Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Transportation Systems & Analytics Market Absolute $ Opportunity
5. Global Transportation Systems & Analytics Market Analysis and Forecast by Types
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Types
5.2.2. Y-o-Y Growth Projections by Types
5.3. Transportation Systems & Analytics Market Size and Volume Forecast by Types
5.3.1. Advanced Transportation Control System
5.3.2. Analytics Solution
5.3.3. Management Solutions
5.4. Absolute $ Opportunity Assessment by Types
5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Transportation Systems & Analytics Market Analysis and Forecast by Region
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Region
6.2.2. Y-o-Y Growth Projections by Region
6.3. Transportation Systems & Analytics Market Size and Volume Forecast by Region
6.3.1. North America
6.3.2. Latin America
6.3.3. Europe
6.3.4. Asia Pacific
6.3.5. Middle East and Africa (MEA)
6.4. Absolute $ Opportunity Assessment by Region
6.5. Market Attractiveness/Growth Potential Analysis by Region
6.6. Global Transportation Systems & Analytics Demand Share Forecast, 2019-2026
7. North America Transportation Systems & Analytics Market Analysis and Forecast
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis by Country
7.1.2. Y-o-Y Growth Projections by Country
7.2. North America Transportation Systems & Analytics Market Size and Volume Forecast by Country
7.2.1. U.S.
7.2.2. Canada
7.3. Absolute $ Opportunity Assessment by Country
7.4. North America Transportation Systems & Analytics Market Size and Volume Forecast by Types
7.4.1. Advanced Transportation Control System
7.4.2. Analytics Solution
7.4.3. Management Solutions
7.5. Basis Point Share (BPS) Analysis by Types
7.6. Y-o-Y Growth Projections by Types
7.7. Market Attractiveness/Growth Potential Analysis
7.7.1. By Country
7.7.2. By Product Type
7.7.3. By Application
7.8. North America Transportation Systems & Analytics Demand Share Forecast, 2019-2026
8. Latin America Transportation Systems & Analytics Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.1.3. Latin America Average Pricing Analysis
8.2. Latin America Transportation Systems & Analytics Market Size and Volume Forecast by Country
8.2.1. Brazil
8.2.2. Mexico
8.2.3. Rest of Latin America
8.3. Absolute $ Opportunity Assessment by Country
8.4. Latin America Transportation Systems & Analytics Market Size and Volume Forecast by Types
8.4.1. Advanced Transportation Control System
8.4.2. Analytics Solution
8.4.3. Management Solutions
8.5. Basis Point Share (BPS) Analysis by Types
8.6. Y-o-Y Growth Projections by Types
8.7. Market Attractiveness/Growth Potential Analysis
8.7.1. By Country
8.7.2. By Product Type
8.7.3. By Application
8.8. Latin America Transportation Systems & Analytics Demand Share Forecast, 2019-2026
9. Europe Transportation Systems & Analytics Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Europe Average Pricing Analysis
9.2. Europe Transportation Systems & Analytics Market Size and Volume Forecast by Country
9.2.1. Germany
9.2.2. France
9.2.3. Italy
9.2.4. U.K.
9.2.5. Spain
9.2.6. Russia
9.2.7. Rest of Europe
9.3. Absolute $ Opportunity Assessment by Country
9.4. Europe Transportation Systems & Analytics Market Size and Volume Forecast by Types
9.4.1. Advanced Transportation Control System
9.4.2. Analytics Solution
9.4.3. Management Solutions
9.5. Basis Point Share (BPS) Analysis by Types
9.6. Y-o-Y Growth Projections by Types
9.7. Market Attractiveness/Growth Potential Analysis
9.7.1. By Country
9.7.2. By Product Type
9.7.3. By Application
9.8. Europe Transportation Systems & Analytics Demand Share Forecast, 2019-2026
10. Asia Pacific Transportation Systems & Analytics Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Asia Pacific Average Pricing Analysis
10.2. Asia Pacific Transportation Systems & Analytics Market Size and Volume Forecast by Country
10.2.1. China
10.2.2. Japan
10.2.3. South Korea
10.2.4. India
10.2.5. Australia
10.2.6. Rest of Asia Pacific (APAC)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Asia Pacific Transportation Systems & Analytics Market Size and Volume Forecast by Types
10.4.1. Advanced Transportation Control System
10.4.2. Analytics Solution
10.4.3. Management Solutions
10.5. Basis Point Share (BPS) Analysis by Types
10.6. Y-o-Y Growth Projections by Types
10.7. Market Attractiveness/Growth Potential Analysis
10.7.1. By Country
10.7.2. By Product Type
10.7.3. By Application
10.8. Asia Pacific Transportation Systems & Analytics Demand Share Forecast, 2019-2026
11. Middle East & Africa Transportation Systems & Analytics Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Middle East & Africa Average Pricing Analysis
11.2. Middle East & Africa Transportation Systems & Analytics Market Size and Volume Forecast by Country
11.2.1. Saudi Arabia
11.2.2. South Africa
11.2.3. UAE
11.2.4. Rest of Middle East & Africa (MEA)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Middle East & Africa Transportation Systems & Analytics Market Size and Volume Forecast by Types
11.4.1. Advanced Transportation Control System
11.4.2. Analytics Solution
11.4.3. Management Solutions
11.5. Basis Point Share (BPS) Analysis by Types
11.6. Y-o-Y Growth Projections by Types
11.7. Market Attractiveness/Growth Potential Analysis
11.7.1. By Country
11.7.2. By Product Type
11.7.3. By Application
11.8. Middle East & Africa Transportation Systems & Analytics Demand Share Forecast, 2019-2026
12. Competition Landscape
12.1. Global Transportation Systems & Analytics Market: Market Share Analysis
12.2. Transportation Systems & Analytics Distributors and Customers
12.3. Transportation Systems & Analytics Market: Competitive Dashboard
12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
12.4.1. Kapsch
12.4.2. Kewill Ltd.
12.4.3. Trimble Navigation Ltd.
12.4.4. Ryder System Inc.
12.4.5. Qualcomm Inc.
12.4.6. Cubic Corporation
12.4.7. Garmin Ltd.
12.4.8. IBM
Methodology
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