Transportation Analytics Market to reach $53.4 Bn by 2032, Says Global Market Insights Inc.
Major transportation analytics market participants include Siemens Mobility, IBM Corporation, SAP SE, Trimble Inc., SAS Institute Inc., Cubic Corporation (Veritas Capital Fund Management, L.L.C.), TomTom NV, PTV group, Inrix Inc., and Conduent Incorporated.
Selbyville, Delaware, May 23, 2024 (GLOBE NEWSWIRE) —
The transportation analytics market valuation is poised to cross USD 53.4 billion by 2032, as reported in a
They invest in R&D to launch new products or improve existing ones that meet specific customer needs. Strategic partnerships and collaborations are another key driver of economic growth. By creating alliances with other industry players, companies can expand their market area, gain access to new technologies or know-how, and offer more comprehensive solutions to their customers. The acquisition allows companies to quickly acquire technology, talent, or market share. With the help of strategic acquisitions, companies can expand their product range, enter new markets, or strengthen their competitive position.
Citing an instance, in February 2024, Oracle Corp. announced updates to its Fusion Cloud Supply Chain and Manufacturing suite, improving transportation management and global business management components. These updates aim to simplify logistics operations, reduce costs, and automate regulatory compliance. A standout feature is updated logistics network modeling that allows managers to compare scenarios and plan options, facilitate better tasking decisions, and optimize fleet performance.
Partial chapters of report table of contents (TOC):
Chapter 2 Executive Summary
2.1 Transportation analytics market 3600 synopsis, 2018 – 2032
2.2 Business trends
2.2.1 Total Addressable Market (TAM), 2024 – 2032
2.3 Regional trends
2.4 Component trends
2.5 Type trends
2.6 Deployment model trends
2.7 Mode of transport trends
2.8 Application trends
Chapter 3 Transportation Analytics Industry Insights
3.1 Industry ecosystem analysis
3.1.1 Solution providers
3.1.2 Servies providers
3.1.3 Technology providers
3.1.4 System integrators
3.1.5 End-user
3.2 Supplier landscape
3.2.1 Solution providers
3.2.2 Servies providers
3.2.3 Technology providers
3.2.4 System integrators
3.2.5 End-user
3.3 Profit margin
3.4 Technology & innovation landscape
3.5 Patent analysis
3.6 Key news and initiatives
3.6.1 Partnership/Collaboration
3.6.2 Merger/Acquisition
3.6.3 Investment
3.6.4 Product launch & innovation
3.7 Regulatory landscape
3.8 Impact forces
3.8.1 Growth drivers
3.8.1.1 Increasing urbanization and traffic congestion
3.8.1.2 Rise in smart city initiatives and connected transportation
3.8.1.3 Growing adoption of AI and machine learning
3.8.1.4 Increasing focus on safety and efficiency improvement
3.8.2 Industry pitfalls & challenges
3.8.2.1 Data integration and security concerns
3.9 Growth potential analysis
3.10 Porter’s analysis
3.11 PESTEL analysis
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About Global Market Insights Inc.
Global Market Insights Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy, and biotechnology.
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