Transportation Predictive Analytics Market Mapping Growth Drivers in 2023 and Projecting Towards 2030 | IBM, Xerox, SAP

PRESS RELEASE
Published September 11, 2023

The Transportation Predictive Analytics Market research report, provided by Infinity Business Insights, delivers an extensive analysis and forecast spanning from 2023 to 2030, making it a valuable resource for business strategists. This report explores the global and regional perspectives, diving into participants, countries, product categories, and end industries. It offers a wealth of insights to broaden perspectives, improve application strategies, and enhance expertise. Along with this, the Covid-19 and the Russia-Ukraine War both had a substantial impact on the market’s trajectory from 2023 to 2030.

The Global Transportation Predictive Analytics Market is projected to grow from USD 942.4 million in 2022 to USD 2075.2 million by 2029, at a CAGR of 11.9% during the forecast period (2023–2029).

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Transportation Predictive Analytics is a specialized field that leverages data and advanced analytics to forecast transportation-related events and trends. It involves collecting and analyzing historical and real-time data from various sources, such as sensors, GPS, weather reports, and supply chain information, to make informed decisions and predictions in the transportation and logistics sector. Predictive analytics helps optimize routes, predict maintenance needs, reduce fuel consumption, enhance customer service, and improve overall transportation efficiency.

Here are profiles of some of the Top Companies covered in the study:

IBM, Xerox, SAP, Space-Time Insight, Predikto, TSS-Transport Simulation Systems, Caliper Corporation, Tiger Analyticsand, T-Systems, Cyient, & Others

Key Benefits and Opportunities for Transportation Predictive Analytics Market:

The Transportation Predictive Analytics market offers numerous opportunities and benefits for businesses in the transportation and logistics industry. By harnessing the power of data analytics, companies can proactively address transportation challenges. Predictive analytics enables better demand forecasting, resulting in optimized resource allocation and improved inventory management. It also aids in predictive maintenance, reducing downtime and maintenance costs for vehicles and infrastructure. Enhanced route optimization and real-time tracking lead to reduced fuel consumption and lower operational expenses. Additionally, predictive analytics enhances customer satisfaction by ensuring on-time deliveries and efficient supply chain management.

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Market Analysis by Type:

On-Premise

Cloud-based

Market Analysis by Applications:

Roadways

Railways

Airways

Seaways

Market Segmentations:

The Transportation Predictive Analytics market can be segmented based on application areas, including route optimization, demand forecasting, maintenance prediction, customer experience enhancement, and risk management. Each segment addresses specific transportation challenges and provides tailored solutions. Furthermore, the market can be categorized by industry verticals, such as logistics, manufacturing, retail, automotive, and aerospace, as predictive analytics applications vary across these sectors.

Market Segmentation by Regional/Country covers 2023-2030:

The adoption of Transportation Predictive Analytics solutions varies by region, influenced by transportation infrastructure, industry maturity, and technological advancements. North America and Europe have witnessed substantial adoption, given their developed logistics networks. Asia-Pacific is emerging as a high-growth region, with increasing investments in predictive analytics to address transportation challenges. Regional analysis provides insights into market dynamics, regulatory landscapes, and industry-specific demands, helping businesses make informed decisions.

Impact of COVID-19 on Transportation Predictive Analytics Market:

This report delves into the impact of COVID-19 on the Transportation Predictive Analytics market size, examining trends and preferences within end-user industries and applications. It also evaluates government policies and regulatory frameworks. Additionally, it analyses key players’ strategies for addressing the pandemic’s adverse effects and outlines post-COVID strategies. Moreover, this report identifies opportunities within this market.

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Reasons to Purchase This Report:

  1. Comprehensive Insights: Access in-depth knowledge of Transportation Predictive Analytics market trends and challenges.
  2. Competitive Advantage: Gain an edge by understanding key players, their strategies, and market share.
  3. Strategic Decision-Making: Make informed decisions on market entry, product development, and investments.
  4. Market Expansion: Identify growth opportunities in high-potential regions and segments.
  5. Risk Management: Develop strategies to mitigate potential market risks.

Research Methodology on Transportation Predictive Analytics Market:

Research on the Transportation Predictive Analytics market employs a comprehensive methodology involving both primary and secondary research. Primary research includes interviews with industry experts, surveys, and data collection from transportation and logistics professionals to gain firsthand insights into market dynamics and challenges. Secondary research leverages existing reports, market studies, and industry publications to provide context and benchmarks. Data analysis focuses on market trends, adoption rates, cost savings, and the impact of predictive analytics on transportation efficiency. The research methodology aims to provide valuable insights for businesses seeking to leverage predictive analytics to enhance their transportation operations.

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Check full report summary with listed table of contents for Transportation Predictive Analytics Market research report:

https://www.infinitybusinessinsights.com/reports/transportation-predictive-analytics-market-global-outlook-and-forecast-2023-2029-1629526?Mode=SSK01

Major Points from Table of Content:

Chapter 1: Market Overview

Chapter 2: Company Profiles

Chapter 3: Transportation Predictive Analytics Market Competition, by Players

Chapter 4: Transportation Predictive Analytics Market Size Segment by Type

Chapter 5: Transportation Predictive Analytics Market Size Segment by Application

Chapter 6: North America by Country, by Type, and by Application

Chapter 7: Europe by Country, by Type, and by Application

Chapter 8: Asia-Pacific by Region, by Type, and by Application

Chapter 9: South America by Country, by Type, and by Application

Chapter 10: Middle East & Africa by Country, by Type, and by Application

Chapter 11: Research Findings and Conclusion

Chapter 12: Appendix…

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