(EMAILWIRE.COM, March 13, 2019 ) Worldwide Transportation Predictive Analytics And Simulation Market Analysis to 2025 is a specialized and in-depth study of the Transportation Predictive Analytics And Simulation industry with a focus on the global market trend. The report aims to provide an overview of global Transportation Predictive Analytics And Simulation Market with detailed market segmentation by product/application and geography. The global Transportation Predictive Analytics And Simulation Market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the Air Cargo players and offers key trends and opportunities in the market.
Concept of smart cities on the other hand requires automating complex decision making to become more efficient. Transportation for the development of smart cities is one of the major area in which rapid decision making is of utmost importance. Smart transportation utilizing the IoT and automated algorithms can result in 10 - 20% of potential reduction in traffic congestion. For instance, in some cities deployment of such technology is already reaping benefits. In Singapore, data obtained from sensors is being utilized to predict traffic congestion in real time and is also aiding to adjust tolls to limit jams. We predict that using predictive analytics and simulation in transportation management could produce an economic impact of US$ 100 - US$ 500 Bn by reducing traffic congestion.
Data and analytics are already shaping the way market develops connection between buyers and sellers for many product and services. These platforms are also meeting the unmet demand in transportation industry. For instance, conventional taxicabs relied on hand waving signal mechanism - a passenger waving hands to the empty cabs in the street. This process has created significant demand in the transportation industry. Growth in hailing business has created an urge for different business model to emerge. This business model combines the use of digital platforms with location based navigation technology to instantly meet the needs of passengers in close proximity. This is just a niche example of the model of disruption fueled by predictive analytics and simulation.
Leading Transportation Predictive Analytics And Simulation Market Players: 1. Cubic Corporation 2. IBM Corporation 3. PTV Group 4. Xerox Corporation 5. SAP AG 6. Space - Time Insight 7. Predikto Inc. 8. Cyient - Insights 9. Tiger Analytics Inc. 10. T - Systems International GmbH
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Transportation Predictive Analytics And Simulation Market based on product and application. It also provides market size and forecast till 2025 for overall Transportation Predictive Analytics And Simulation Market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM), which is later sub-segmented by respective countries and segments. The report evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend and provides exhaustive PEST analysis for all five regions.
Also, key Transportation Predictive Analytics And Simulation Market players influencing the market are profiled in the study along with their SWOT analysis and market strategies. The report also focuses on leading industry players with information such as company profiles, products and services offered, financial information of last 3 years, key development in past five years.
Reason to Buy - Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Transportation Predictive Analytics And Simulation Market - Highlights key business priorities in order to assist companies to realign their business strategies. - The key findings and recommendations highlight crucial progressive industry trends in the Transportation Predictive Analytics And Simulation Market, thereby allowing players to develop effective long term strategies. - Develop/modify business expansion plans by using substantial growth offering developed and emerging markets. - Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it. - Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
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