The North America Transportation Analytics Market would witness market growth of 18.2% CAGR during the forecast period (2022-2028).
The fundamental objective of transportation analytics is to simplify the process of predictive analysis of logistics data and to improve the operational efficiency of enterprises. The developments in the sector benefit businesses in terms of operational efficiency, cost savings, cost efficiency, dynamic pricing, and the collection and display of data.
The expansion of the transportation analytics market is being driven in large part by a number of reasons, one of the most important of which is the increasing prevalence of 'smart transportation' programs and 'Advanced Traffic Management System' (ATM) installations all over the world. It has been observed that there has been a growth in demand for these solutions. This may be attributed to the advantages given by these analytics, which include a decrease in fuel usage, air pollution, and the amount of time spent traveling.
The demand for commercial vehicles in the North American area is expected to continue to increase. This is because the responsibilities placed on fleet management for long-distance operations continue to increase. In addition, other pieces of legislation associated with carbon emissions are now being enacted by municipal governments. As a direct consequence of this, regional manufacturers are using the same technology in buses and other commercial vehicles in an effort to reduce carbon emissions; nevertheless, they will face some particular difficulties. A significant amount of work has been done in the past to improve the duty cycle and fuel economy of vehicles that are utilized for long-distance hauling. The increase in the number of commercial vehicles operating across the area has contributed to the expansion of the market over the period covered by the prediction.
The US market dominated the North America Transportation Analytics Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $8,201.1 Million by 2028. The Canada market is poised to grow at a CAGR of 20.9% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 19.9% during (2022 - 2028).
Based on Application, the market is segmented into Traffic & Incident Management, Traffic Planning & Maintenance, Logistics Management, and Others. Based on Deployment Mode, the market is segmented into On-premise, Cloud, and Hybrid. Based on Type, the market is segmented into Descriptive, Prescriptive, and Predictive. Based on Component, the market is segmented into Solution and Services. Based on Mode of Transport, the market is segmented into Roadways, Railways, Airways, and Waterways. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include IBM Corporation, INRIX, Inc., Indra Sistemas, S.A., Cubic Corporation (Veritas Capital Fund Management, LLC), TomTom N.V., Siemens AG, Alteryx, Inc., Kapsch TrafficCom AG (Datax Handelsgmbh), Trimble, Inc., and Cellint Traffic Solutions Ltd.
The fundamental objective of transportation analytics is to simplify the process of predictive analysis of logistics data and to improve the operational efficiency of enterprises. The developments in the sector benefit businesses in terms of operational efficiency, cost savings, cost efficiency, dynamic pricing, and the collection and display of data.
The expansion of the transportation analytics market is being driven in large part by a number of reasons, one of the most important of which is the increasing prevalence of 'smart transportation' programs and 'Advanced Traffic Management System' (ATM) installations all over the world. It has been observed that there has been a growth in demand for these solutions. This may be attributed to the advantages given by these analytics, which include a decrease in fuel usage, air pollution, and the amount of time spent traveling.
The demand for commercial vehicles in the North American area is expected to continue to increase. This is because the responsibilities placed on fleet management for long-distance operations continue to increase. In addition, other pieces of legislation associated with carbon emissions are now being enacted by municipal governments. As a direct consequence of this, regional manufacturers are using the same technology in buses and other commercial vehicles in an effort to reduce carbon emissions; nevertheless, they will face some particular difficulties. A significant amount of work has been done in the past to improve the duty cycle and fuel economy of vehicles that are utilized for long-distance hauling. The increase in the number of commercial vehicles operating across the area has contributed to the expansion of the market over the period covered by the prediction.
The US market dominated the North America Transportation Analytics Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $8,201.1 Million by 2028. The Canada market is poised to grow at a CAGR of 20.9% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 19.9% during (2022 - 2028).
Based on Application, the market is segmented into Traffic & Incident Management, Traffic Planning & Maintenance, Logistics Management, and Others. Based on Deployment Mode, the market is segmented into On-premise, Cloud, and Hybrid. Based on Type, the market is segmented into Descriptive, Prescriptive, and Predictive. Based on Component, the market is segmented into Solution and Services. Based on Mode of Transport, the market is segmented into Roadways, Railways, Airways, and Waterways. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include IBM Corporation, INRIX, Inc., Indra Sistemas, S.A., Cubic Corporation (Veritas Capital Fund Management, LLC), TomTom N.V., Siemens AG, Alteryx, Inc., Kapsch TrafficCom AG (Datax Handelsgmbh), Trimble, Inc., and Cellint Traffic Solutions Ltd.
Scope of the Study
Market Segments Covered in the Report:
By Application
- Traffic & Incident Management
- Traffic Planning & Maintenance
- Logistics Management
- Others
By Deployment Mode
- On-premise
- Cloud
- Hybrid
By Type
- Descriptive
- Prescriptive
- Predictive
By Component
- Solution
- Services
By Mode of Transport
- Roadways
- Railways
- Airways
- Waterways
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- IBM Corporation
- INRIX, Inc
- Indra Sistemas, S.A
- Cubic Corporation (Veritas Capital Fund Management, LLC)
- TomTom N.V
- Siemens AG
- Alteryx, Inc
- Kapsch TrafficCom AG (Datax Handelsgmbh)
- Trimble, Inc
- Cellint Traffic Solutions Ltd
Unique Offerings
- Exhaustive coverage
- The highest number of Market tables and figures
- Subscription-based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Transportation Analytics Market, by Application
1.4.2 North America Transportation Analytics Market, by Deployment Mode
1.4.3 North America Transportation Analytics Market, by Type
1.4.4 North America Transportation Analytics Market, by Component
1.4.5 North America Transportation Analytics Market, by Mode of Transport
1.4.6 North America Transportation Analytics Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 Market Share Analysis, 2021
3.2 Recent strategies deployed in Transportation Analytics Market
Chapter 4. North America Transportation Analytics Market by Application
4.1 North America Traffic & Incident Management Market by Country
4.2 North America Traffic Planning & Maintenance Market by Country
4.3 North America Logistics Management Market by Country
4.4 North America Others Market by Country
Chapter 5. North America Transportation Analytics Market by Deployment Mode
5.1 North America On-premise Market by Country
5.2 North America Cloud Market by Country
5.3 North America Hybrid Market by Country
Chapter 6. North America Transportation Analytics Market by Type
6.1 North America Descriptive Market by Country
6.2 North America Prescriptive Market by Country
6.3 North America Predictive Market by Country
Chapter 7. North America Transportation Analytics Market by Component
7.1 North America Solution Market by Country
7.2 North America Services Market by Country
Chapter 8. North America Transportation Analytics Market by Mode of Transport
8.1 North America Roadways Market by Country
8.2 North America Railways Market by Country
8.3 North America Airways Market by Country
8.4 North America Waterways Market by Country
Chapter 9. North America Transportation Analytics Market by Country
9.1 US Transportation Analytics Market
9.1.1 US Transportation Analytics Market by Application
9.1.2 US Transportation Analytics Market by Deployment Mode
9.1.3 US Transportation Analytics Market by Type
9.1.4 US Transportation Analytics Market by Component
9.1.5 US Transportation Analytics Market by Mode of Transport
9.2 Canada Transportation Analytics Market
9.2.1 Canada Transportation Analytics Market by Application
9.2.2 Canada Transportation Analytics Market by Deployment Mode
9.2.3 Canada Transportation Analytics Market by Type
9.2.4 Canada Transportation Analytics Market by Component
9.2.5 Canada Transportation Analytics Market by Mode of Transport
9.3 Mexico Transportation Analytics Market
9.3.1 Mexico Transportation Analytics Market by Application
9.3.2 Mexico Transportation Analytics Market by Deployment Mode
9.3.3 Mexico Transportation Analytics Market by Type
9.3.4 Mexico Transportation Analytics Market by Component
9.3.5 Mexico Transportation Analytics Market by Mode of Transport
9.4 Rest of North America Transportation Analytics Market
9.4.1 Rest of North America Transportation Analytics Market by Application
9.4.2 Rest of North America Transportation Analytics Market by Deployment Mode
9.4.3 Rest of North America Transportation Analytics Market by Type
9.4.4 Rest of North America Transportation Analytics Market by Component
9.4.5 Rest of North America Transportation Analytics Market by Mode of Transport
Chapter 10. Company Profiles
10.1 Siemens AG
10.1.1 Company Overview
10.1.2 Financial Analysis
10.1.3 Segmental and Regional Analysis
10.1.4 Research & Development Expense
10.1.5 Recent strategies and developments:
10.1.5.1 Product Launches and Product Expansions:
10.1.5.2 Acquisition and Mergers:
10.1.6 SWOT Analysis
10.2 IBM Corporation
10.2.1 Company Overview
10.2.2 Financial Analysis
10.2.3 Regional & Segmental Analysis
10.2.4 Research & Development Expenses
10.2.5 Recent strategies and developments:
10.2.5.1 Acquisition and Mergers:
10.2.6 SWOT Analysis
10.3 TomTom N.V.
10.3.1 Company Overview
10.3.2 Financial Analysis
10.3.3 Segmental and Regional Analysis
10.3.4 Research & Development Expense
10.3.5 Recent strategies and developments:
10.3.5.1 Product Launches and Product Expansions:
10.3.6 SWOT Analysis
10.4 Indra Sistemas, S.A.
10.4.1 Company Overview
10.4.2 Financial Analysis
10.4.3 Segmental and Regional Analysis
10.4.4 Research & Development Expenses
10.4.5 Recent strategies and developments:
10.4.5.1 Partnerships, Collaborations, and Agreements:
10.4.5.2 Acquisition and Mergers:
10.5 Alteryx, Inc.
10.5.1 Company Overview
10.5.2 Financial Analysis
10.5.3 Regional Analysis
10.5.4 Research & Development Expense
10.5.5 Recent strategies and developments:
10.5.5.1 Partnerships, Collaborations, and Agreements:
10.6 Kapsch TrafficCom AG (Datax Handelsgmbh)
10.6.1 Company Overview
10.6.2 Financial Analysis
10.6.3 Segmental and Regional Analysis
10.6.4 Research & Development Expense
10.6.5 Recent strategies and developments:
10.6.5.1 Partnerships, Collaborations, and Agreements:
10.7 Trimble, Inc.
10.7.1 Company Overview
10.7.2 Financial Analysis
10.7.3 Segmental and Regional Analysis
10.7.4 Research & Development Expense
10.8 Inrix, Inc.
10.8.1 Company Overview
10.8.2 Recent strategies and developments:
10.8.2.1 Partnerships, Collaborations, and Agreements:
10.8.2.2 Product Launches and Product Expansions:
10.9 Cubic Corporation (Veritas Capital Fund Management, LLC)
10.9.1 Company Overview
10.9.2 Recent strategies and developments:
10.9.2.1 Acquisition and Mergers:
10.10. Cellint Traffic Solutions Ltd.
10.10.1 Company Overview
Companies Mentioned
- IBM Corporation
- INRIX, Inc.
- Indra Sistemas, S.A.
- Cubic Corporation (Veritas Capital Fund Management, LLC)
- TomTom N.V.
- Siemens AG
- Alteryx, Inc.
- Kapsch TrafficCom AG (Datax Handelsgmbh)
- Trimble, Inc.
- Cellint Traffic Solutions Ltd.
Methodology
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