The Transportation Analytics Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Transportation Analytics Market?
The market size of transportation analytics has seen significant expansion lately. It was projected to reach $19.92 billion in 2024, and is expected to increase further to $23.95 billion in 2025, with a compound annual growth rate (CAGR) of 20.2%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Transportation Analytics Industry?
The Transportation Analytics market is predicted to reach $49.96 billion in size by 2029, with a compound annual growth rate (CAGR) of 20.2%.
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What are the Key Growth Drivers Fueling the Transportation Analytics Market?
The key drivers in the transportation analytics market are:
• Adoption of autonomous vehicle technology
• Increased use of predictive analytics in transportation
• Emergence of mobility as a service (MaaS)
• Implementation of environmental and emission reduction goals in transportation strategies
Global Market Segmentation: Identifying Major Transportation Analytics Industry Segments
The transportation analytics market covered in this report is segmented –
1) By Analytics Type: Descriptive Analytics, Predictive Analytics, Prescriptive Analytics
2) By Component: Solutions, Services
3) By Deployment: On-Premise, Cloud, Hybrid
4) By Mode Of Transportation: Railways, Roadways, Maritime, Airways
5) By Application: Remote Sensing, Transit Management, Traffic Management, Incident Management, Logistics Management, Other Applications
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What are the Emerging Trends Shaping the Future of the Transportation Analytics Market?
The key trends in the transportation analytics market are:
• The integration of real-time data and IoT sensors in the transportation sector is an emerging trend.
• Advances in predictive analytics are set to transform maintenance procedures in the industry.
• There is a rising trend of enhanced fleet management and optimization.
• Greater emphasis on cybersecurity measures for connected vehicles indicates a shift in the industry's priorities.
Who Are the Top Competitors & Leading Players in the Transportation Analytics Market?
Major companies in the transportation analytics market are:
• International Business Machines Corporation
• OmniTracs LLC
• Cubic Corporation
• Alteryx Inc.
• Cellint Corporation
• Inrix Corporation
• Siemens AG
• Hitachi Limited
• Conduent Inc.
• Oracle Corporation
• Thales Group
• Iteris Inc.
• Dataiku Inc.
• Ridecell Inc.
• GoFreight Inc.
• SmartDrive Systems Inc.
• Kapsch Trafficcom AG
• Indra Sistemas S.A.
• Trimble Inc.
• TomTom N.V.
• CARTO Inc.
• MoveInSync Rentlz Inc.
• SENGERIO Inc.
• StreetLight Data Inc.
• Arity LLC
• Flexe Inc.
Regional Dominance: Which Area Leads the Global Template Market?
North America was the largest region in the transportation analytics market in 2024
