[215 Pages Report] In 2016, the global transportation predictive analytics and simulation market was worth US$ 1,550.0 million, and it is predicted to be worth US$ 3,916.6 million by 2027. The market is expected to grow at a CAGR of 8.9% by 2027.
| Attribute | Details |
|---|---|
| Estimated market size of transportation predictive analytics and simulation in 2017 | US$ 1,550 Million |
| Projected market size of transportation predictive analytics and simulation by 2026 | US$ 3,916 Million |
| CAGR during 2017 to 2026 | 8.9% |
Transportation predictive analytics and simulation solutions worth more than US$ 230 million were used in airline transportation industries around the world in 2016.
By 2027, the transportation predictive analytics and simulation market in North America will account for 35% of global revenues.
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The number of vehicles, particularly in developing countries, has been skyrocketing in the last few years and even transportation infrastructure has shown decent growth. Large-scale migration to urban areas has exerted enormous pressure on roadways, leading to an absence of safe public transportation, overcrowded roads, inadequate traffic management, lack of road safety measures, parking hassles and poor road conditions.
Simulation software and predictive analytics for the purpose of transportation gathers data from in-built vehicle sensors and refines it to deliver meaningful analysis. Data analysis can be extremely helpful in predicting traffic flows, thereby reducing congestion and improving traffic movement and the overall road experience.
The demand for data driven information has been rising day by day among transit companies. Companies such as Lyft and Uber use predictive analytics to fill the demand-supply gap that exists for cabs. Through the transportation predictive analytics and simulation market, transit companies are able to identify which region has the highest demand and also the number of cabs that may be available in that specific region. Messages can be sent to drivers in this case for them to reach their destination and cater to the needs that may arise there.
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The Roadways segment was valued at more than US$ 620 Mn in 2016 and is predicted to touch about US$ 1.7 Bn by the end of the forecast period, registering a CAGR of 9.8% for the decade – the highest CAGR among all the segments by component of transport.
An incremental dollar opportunity of more than US$ 1 Bn is expected in the Roadways segment of the global transportation predictive analytics and simulation market between 2017 and 2027. Roadways is predicted to be the most attractive segment and is expected to register significant Y-o-Y growth rates during the forecast period.
In terms of component of transport, the application of predictive analytics is likely to be witnessed to a great deal in the airline industry. The airline industry has been quick in the adoption of predictive analytics and simulation software to acquire deeper insights into customer behaviour.
By analysing parameters such as customer buying patterns, seasonal influence and available cargo capacity on a daily, weekly or monthly basis, predictive analytics can help companies maximise revenue and minimise costs of transportation by efficiently predicting customer demand at the same time dealing with capacity limitations if any.
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North America is well-known for its developed transport infrastructure, particularly in roadways. The Roadways segment by component of transport in the North America transportation predictive analytics and simulation market is anticipated to reach a market valuation in excess of US$ 600 Mn by the end of 2027, up from about US$ 190 Mn in 2016. This represents a CAGR of 11.4% during the 10 year period from 2017 to 2027.
In 2016, the global transportation predictive analytics and simulation market was worth US$ 1,550.0 million, and it is predicted to be worth US$ 3,916.6 million by 2027.
BM Corporation, Xerox Corporation, and SAP AG are some prominent transportation predictive analytics and simulation service providers
1. Global Transportation Predictive Analytics and Simulation Market - Executive Summary 2. Assumptions & Acronyms Used 3. Research Methodology 4. Market Overview 4.1. Introduction 4.1.1. Market Definition 4.1.2. Market Taxonomy 4.2. Transportation Predictive Analytics and Simulation Market Offering Overview 4.3. Transportation Predictive Analytics and Simulation Market Evolution 4.4. Global Transportation Predictive Analytics and Simulation Market Dynamics 4.4.1. Drivers 4.4.2. Challenges 4.4.3. Restraints 4.4.4. Opportunities 4.5. Global Transportation Predictive Analytics and Simulation Market Forecast, 2017-2027 4.5.1. Global Transportation Predictive Analytics and Simulation Market Size (Value) Forecast 4.5.1.1. Y-o-Y Growth Projections 4.5.1.2. Absolute $ Opportunity 4.6. Global Transportation Predictive Analytics and Simulation Market Trends 4.7. Global Transportation Predictive Analytics and Simulation Market Snapshot (2016) 4.7.1. Market Size By Component 4.7.2. Market Size By Deployment Model 4.7.3. Market Size By Simulation Method 4.7.4. Market Size By Type of Transport 4.7.5. Market Size By Region 5. Global Transportation Predictive Analytics and Simulation Market Analysis, By Component 5.1. Introduction 5.1.1. Y-o-Y Growth Comparison, By Component 5.1.2. Basis Point Share (BPS) Analysis, By Component 5.2. Global Transportation Predictive Analytics and Simulation Market Forecast By Component 5.2.1. Software 5.2.1.1. Absolute $ Opportunity 5.2.1.2. Market Value Forecast, By Region 5.2.2. Services 5.2.2.1. Absolute $ Opportunity 5.2.2.2. Market Value Forecast, By Region 5.3. Global Transportation Predictive Analytics and Simulation Market Attractiveness Analysis, By Component 5.4. Prominent Trends 6. Global Transportation Predictive Analytics and Simulation Market Analysis, By Deployment Model 6.1. Introduction 6.1.1. Y-o-Y Growth Comparison, By Deployment Model 6.1.2. Basis Point Share (BPS) Analysis, By Deployment Model 6.2. Global Transportation Predictive Analytics and Simulation Market Forecast By Deployment Model 6.2.1. On-Premise 6.2.1.1. Absolute $ Opportunity 6.2.1.2. Market Value Forecast, By Region 6.2.2. Cloud-based 6.2.2.1. Absolute $ Opportunity 6.2.2.2. Market Value Forecast, By Region 6.3. Global Transportation Predictive Analytics and Simulation Market Attractiveness Analysis, By Deployment Model 6.4. Prominent Trends 7. Global Transportation Predictive Analytics and Simulation Market Analysis, By Simulation Method 7.1. Introduction 7.1.1. Y-o-Y Growth Comparison, By Simulation Method 7.1.2. Basis Point Share (BPS) Analysis, By Simulation Method 7.2. Global Transportation Predictive Analytics and Simulation Market Forecast By Simulation Method 7.2.1. Microscopic 7.2.1.1. Absolute $ Opportunity 7.2.1.2. Market Value Forecast, By Region 7.2.2. Macroscopic 7.2.2.1. Absolute $ Opportunity 7.2.2.2. Market Value Forecast, By Region 7.2.3. Mesoscopic 7.2.3.1. Absolute $ Opportunity 7.2.3.2. Market Value Forecast, By Region 7.3. Global Transportation Predictive Analytics and Simulation Market Attractiveness Analysis, By Simulation Method 7.4. Prominent Trends 8. Global Transportation Predictive Analytics and Simulation Market Analysis, By Type of Transport 8.1. Introduction 8.1.1. Y-o-Y Growth Comparison, By Type of Transport 8.1.2. Basis Point Share (BPS) Analysis, By Type of Transport 8.2. Global Transportation Predictive Analytics and Simulation Market Forecast By Type of Transport 8.2.1. Roadways 8.2.1.1. Absolute $ Opportunity 8.2.1.2. Market Value Forecast, By Region 8.2.2. Railways 8.2.2.1. Absolute $ Opportunity 8.2.2.2. Market Value Forecast, By Region 8.2.3. Airways 8.2.3.1. Absolute $ Opportunity 8.2.3.2. Market Value Forecast, By Region 8.2.4. Seaways 8.2.4.1. Absolute $ Opportunity 8.2.4.2. Market Value Forecast, By Region 8.3. Global Transportation Predictive Analytics and Simulation Market Attractiveness Analysis, By Type of Transport 8.4. Prominent Trends 9. Global Transportation Predictive Analytics and Simulation Market Analysis, By Region 9.1. Introduction 9.1.1. Y-o-Y Growth Projections, By Region 9.1.2. Basis Point Share (BPS) Analysis, By Region 9.2. Global Transportation Predictive Analytics and Simulation Market Forecast By Region 9.2.1. North America Market Value Forecast 9.2.2. Latin America Market Value Forecast 9.2.3. Asia Pacific excluding Japan Market Value Forecast 9.2.4. Japan Market Value Forecast 9.2.5. Eastern Europe Market Value Forecast 9.2.6. Western Europe Market Value Forecast 9.2.7. Middle East & Africa Market Value Forecast 9.3. Regional Attractiveness Analysis 10. North America Transportation Predictive Analytics and Simulation Market Analysis 10.1. Introduction 10.1.1. Y-o-Y Growth Projections, By Country 10.1.2. Basis Point Share (BPS) Analysis, By Country 10.1.3. Key Trends 10.2. North America Transportation Predictive Analytics and Simulation Market Forecast 10.2.1. Market Value Forecast By County 10.2.1.1. U.S. Absolute $ Opportunity 10.2.1.2. Canada Absolute $ Opportunity 10.2.2. Market Value Forecast By Component 10.2.2.1. Software 10.2.2.2. Services 10.2.3. Market Value Forecast By Deployment Model 10.2.3.1. On-Premise 10.2.3.2. Cloud-based 10.2.4. Market Value Forecast By Simulation Method 10.2.4.1. Microscopic 10.2.4.2. Macroscopic 10.2.4.3. Mesoscopic 10.2.5. Market Value Forecast By Type of Transport 10.2.5.1. Roadways 10.2.5.2. Railways 10.2.5.3. Airways 10.2.5.4. Seaways 10.2.6. Transportation Predictive Analytics and Simulation Market Attractiveness Analysis 10.2.6.1. By Component 10.2.6.2. By Deployment Model 10.2.6.3. By Simulation Method 10.2.6.4. By Type of Transport 10.2.6.5. By Country 10.2.7. Drivers & Restraints: Impact Analysis 11. Latin America Transportation Predictive Analytics and Simulation Market Analysis 11.1. Introduction 11.1.1. Y-o-Y Growth Projections, By Country 11.1.2. Basis Point Share (BPS) Analysis, By Country 11.1.3. Key Trends 11.2. Latin America Transportation Predictive Analytics and Simulation Market Forecast 11.2.1. Market Value Forecast By Country 11.2.1.1. Argentina Absolute $ Opportunity 11.2.1.2. Mexico Absolute $ Opportunity 11.2.1.3. Brazil Absolute $ Opportunity 11.2.1.4. Rest of Latin America Absolute $ Opportunity 11.2.2. Market Value Forecast By Component 11.2.2.1. Software 11.2.2.2. Services 11.2.3. Market Value Forecast By Deployment Model 11.2.3.1. On-Premise 11.2.3.2. Cloud-based 11.2.4. Market Value Forecast By Simulation Method 11.2.4.1. Microscopic 11.2.4.2. Macroscopic 11.2.4.3. Mesoscopic 11.2.5. Market Value Forecast By Type of Transport 11.2.5.1. Roadways 11.2.5.2. Railways 11.2.5.3. Airways 11.2.5.4. Seaways 11.2.6. Transportation Predictive Analytics and Simulation Market Attractiveness Analysis 11.2.6.1. By Component 11.2.6.2. By Deployment Model 11.2.6.3. By Simulation Method 11.2.6.4. By Type of Transport 11.2.6.5. By Country 11.2.7. Drivers & Restraints: Impact Analysis 12. Asia Pacific (Excluding Japan) Transportation Predictive Analytics and Simulation Market Analysis 12.1. Introduction 12.1.1. Y-o-Y Growth Projections, By Country 12.1.2. Basis Point Share (BPS) Analysis, By Country 12.1.3. Key Trends 12.2. Transportation Predictive Analytics and Simulation Market Forecast 12.2.1. Market Value Forecast, By Country/Region 12.2.1.1. China Absolute $ Opportunity 12.2.1.2. India Absolute $ Opportunity 12.2.1.3. ASEAN Absolute $ Opportunity 12.2.1.4. Australia & New Zealand Absolute $ Opportunity 12.2.1.5. Rest of Asia Pacific Absolute $ Opportunity 12.2.2. Market Value Forecast By Component 12.2.2.1. Software 12.2.2.2. Services 12.2.3. Market Value Forecast By Deployment Model 12.2.3.1. On-Premise 12.2.3.2. Cloud-based 12.2.4. Market Value Forecast By Simulation Method 12.2.4.1. Microscopic 12.2.4.2. Macroscopic 12.2.4.3. Mesoscopic 12.2.5. Market Value Forecast By Type of Transport 12.2.5.1. Roadways 12.2.5.2. Railways 12.2.5.3. Airways 12.2.5.4. Seaways 12.2.6. Transportation Predictive Analytics and Simulation Market Attractiveness Analysis 12.2.6.1. By Component 12.2.6.2. By Deployment Model 12.2.6.3. By Simulation Method 12.2.6.4. By Type of Transport 12.2.6.5. By Country 12.2.7. Drivers & Restraints: Impact Analysis 13. Japan Transportation Predictive Analytics and Simulation Market Analysis 13.1. Introduction 13.1.1. Y-o-Y Growth Projections 13.1.2. Key Trends 13.2. Japan Transportation Predictive Analytics and Simulation Market Forecast 13.2.1. Market Value Forecast By Component 13.2.1.1. Software 13.2.1.2. Services 13.2.2. Market Value Forecast By Deployment Model 13.2.2.1. On-Premise 13.2.2.2. Cloud-based 13.2.3. Market Value Forecast By Simulation Method 13.2.3.1. Microscopic 13.2.3.2. Macroscopic 13.2.3.3. Mesoscopic 13.2.4. Market Value Forecast By Type of Transport 13.2.4.1. Roadways 13.2.4.2. Railways 13.2.4.3. Airways 13.2.4.4. Seaways 13.2.5. Transportation Predictive Analytics and Simulation Market Attractiveness Analysis 13.2.5.1. By Component 13.2.5.2. By Deployment Model 13.2.5.3. By Simulation Method 13.2.5.4. By Type of Transport 13.2.5.5. By Country 13.2.6. Drivers & Restraints: Impact Analysis 14. Eastern Europe Transportation Predictive Analytics and Simulation Market Analysis 14.1. Introduction 14.1.1. Y-o-Y Growth Projections, By Country 14.1.2. Basis Point Share (BPS) Analysis, By Country 14.1.3. Key Trends 14.2. Eastern Europe Transportation Predictive Analytics and Simulation Market Forecast 14.2.1. Market Value Forecast By Country/Region 14.2.1.1. Russia Absolute $ Opportunity 14.2.1.2. Poland Absolute $ Opportunity 14.2.1.3. Rest of Eastern Europe Absolute $ Opportunity 14.2.2. Market Value Forecast By Component 14.2.2.1. Software 14.2.2.2. Services 14.2.3. Market Value Forecast By Deployment Model 14.2.3.1. On-Premise 14.2.3.2. Cloud-based 14.2.4. Market Value Forecast By Simulation Method 14.2.4.1. Microscopic 14.2.4.2. Macroscopic 14.2.4.3. Mesoscopic 14.2.5. Market Value Forecast By Type of Transport 14.2.5.1. Roadways 14.2.5.2. Railways 14.2.5.3. Airways 14.2.5.4. Seaways 14.2.6. Transportation Predictive Analytics and Simulation Market Attractiveness Analysis 14.2.6.1. By Component 14.2.6.2. By Deployment Model 14.2.6.3. By Simulation Method 14.2.6.4. By Type of Transport 14.2.6.5. By Country 14.2.7. Drivers & Restraints: Impact Analysis 15. Western Europe Transportation Predictive Analytics and Simulation Market Analysis 15.1. Introduction 15.1.1. Y-o-Y Growth Projections, By Country 15.1.2. Basis Point Share (BPS) Analysis, By Country 15.1.3. Key Trends 15.2. Western Transportation Predictive Analytics and Simulation Applications Market Forecast 15.2.1. Market Value Forecast By Country/Region 15.2.1.1. Germany Absolute $ Opportunity 15.2.1.2. France Absolute $ Opportunity 15.2.1.3. U.K. Absolute $ Opportunity 15.2.1.4. Spain Absolute $ Opportunity 15.2.1.5. Italy Absolute $ Opportunity 15.2.1.6. Nordic Absolute $ Opportunity 15.2.1.7. Benelux Absolute $ Opportunity 15.2.1.8. Rest of Western Europe Absolute $ Opportunity 15.2.2. Market Value Forecast By Component 15.2.2.1. Software 15.2.2.2. Services 15.2.3. Market Value Forecast By Deployment Model 15.2.3.1. On-Premise 15.2.3.2. Cloud-based 15.2.4. Market Value Forecast By Simulation Method 15.2.4.1. Microscopic 15.2.4.2. Macroscopic 15.2.4.3. Mesoscopic 15.2.5. Market Value Forecast By Type of Transport 15.2.5.1. Roadways 15.2.5.2. Railways 15.2.5.3. Airways 15.2.5.4. Seaways 15.2.6. Transportation Predictive Analytics and Simulation Market Attractiveness Analysis 15.2.6.1. By Component 15.2.6.2. By Deployment Model 15.2.6.3. By Simulation Method 15.2.6.4. By Type of Transport 15.2.6.5. By Country 15.2.7. Drivers & Restraints: Impact Analysis 16. Middle East & Africa Transportation Predictive Analytics and Simulation Market Analysis 16.1. Introduction 16.1.1. Y-o-Y Growth Projections, By Country 16.1.2. Basis Point Share (BPS) Analysis, By Country 16.1.3. Key Trends 16.2. MEA Transportation Predictive Analytics and Simulation Market Forecast 16.2.1. Market Value Forecast By Country/Region 16.2.1.1. GCC Absolute $ Opportunity 16.2.1.2. North Africa Absolute $ Opportunity 16.2.1.3. South Africa Absolute $ Opportunity 16.2.1.4. Rest of MEA Absolute $ Opportunity 16.2.2. Market Value Forecast By Component 16.2.2.1. Software 16.2.2.2. Services 16.2.3. Market Value Forecast By Deployment Model 16.2.3.1. On-Premise 16.2.3.2. Cloud-based 16.2.4. Market Value Forecast By Simulation Method 16.2.4.1. Microscopic 16.2.4.2. Macroscopic 16.2.4.3. Mesoscopic 16.2.5. Market Value Forecast By Type of Transport 16.2.5.1. Roadways 16.2.5.2. Railways 16.2.5.3. Airways 16.2.5.4. Seaways 16.2.6. Transportation Predictive Analytics and Simulation Market Attractiveness Analysis 16.2.6.1. By Component 16.2.6.2. By Deployment Model 16.2.6.3. By Simulation Method 16.2.6.4. By Type of Transport 16.2.6.5. By Country 16.2.7. Drivers & Restraints: Impact Analysis 17. Competition Landscape 17.1. Competition Dashboard 17.2. Company Profiles 17.2.1. Cubic Corporation, 17.2.1.1. Revenue 17.2.1.2. Products/Brand Offerings and Features 17.2.1.3. Company Highlights / Key Developments 17.2.1.4. Strategy Adopted 17.2.2. IBM Corporation 17.2.3. PTV Group 17.2.4. Xerox Corporation 17.2.5. SAP AG 17.2.6. Space-Time Insight 17.2.7. Predikto Inc. 17.2.8. Cyient-Insights 17.2.9. Tiger Analytics Inc. 17.2.10. T-Systems International GmbH
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Transportation Predictive Analytics And Simulation Market
