[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
