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Transportation Analytics Market Share

Report ID: GMI7718
Published Date: Dec 2023
Report Format: PDF

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Transportation analytics Market Share

Siemens Mobility and IBM Corporation dominate the transportation analytics industry. Companies in the transportation analytics industry employ various strategies to fortify their presence, including leveraging advanced technologies, forming strategic partnerships, and investing in research and development. Emphasis on data security, interoperability, and providing scalable solutions are also key components to enhance market competitiveness and meet evolving industry demands.

Many companies recognize the value of forming strategic alliances with technology providers, data aggregators, and other stakeholders to enhance their analytics capabilities. Such collaborations allow them to access diverse datasets, integrate complementary technologies, and broaden their market reach. Moreover, there is a growing emphasis on developing user-friendly and scalable analytics platforms. Companies are investing in intuitive interfaces and tools that enable easy interpretation of complex data, making it accessible to a broader range of users within the organization.

Transportation analytics Market Companies

Major players operating in the transportation analytics industry are:

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.
Conduent Incorporated

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

Market size for transportation analytics reached USD 12.2 billion in revenue in 2023 and is poised to expand at over 18% CAGR from 2024 to 2032 driven by the increasing congestion in urban areas and the higher need for efficient transportation systems for traffic management and optimization.

The solutions segment accounted for more than 60% of the transportation analytics market share in 2023 and is expected to record substantial growth through 2032 attributed to the increasing need for data-driven insights to optimize and streamline transportation systems.

North America held around 35% revenue share of the transportation analytics industry in 2023 and is set to exhibit robust growth through 2032 owing to the substantial investments in smart infrastructure, advanced technology adoption, and robust data collection mechanisms across the region.

Some of the leading transportation analytic companies are 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