Transportation System and Analytics Market Expected To Reach $57.46 Billion by 2018

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MarketsandMarkets Presents
Transportation System and Analytics Market worth
57.46 Billion by 2018
http//www.marketsandmarkets.com/Market-Reports/tr
ansportation-analytics-system-market-1298.html
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• MarketsandMarkets recently conducted a study on
  the Transportation Systems and Analytics Market
  by Transportation Management, Transportation
  Control Systems, by Analytics (Traffic, Video,
  GIS, Predictive, Fleet), Ticketing Management,
  Remote Sensing, Electronic Access, Display -
  Worldwide Market Forecasts and Analysis 2013 -
  2018 , which analyzed and studied the major
  market drivers, restraints, and opportunities in
  North America (NA), Europe (EU), Middle East and
  Africa (MEA), Asia Pacific including Japan
  (APAC), and Latin America (LA).
• Browse
• More than 123 market data tables with 77
  figures spread through 256 pages
• In depth TOC on "Transportation Systems and
  Analytics Market
• Worldwide Market Forecasts and Analysis  2013 -
  2018
• http//www.marketsandmarkets.com/Market-Reports/tr
  ansportation-analytics-system-market-1298.html

             

     
              

     
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The study reports that the global transportation
analytics and system market is expected to grow
from 28.09 billion in 2013 to 57.46 billion by
2018, at an estimated Compound Annual Growth Rate
(CAGR) of 15.4 from 2013 to 2018. The recent
trend in the industry shows that there is a high
demand for an improved access to resources,
customer bases, markets, and customers. There
have been innovations in analytic solutions,
advanced transportation control system, and
management solutions and applications across the
verticals of the transportation analytics and
system market. Changing travel demand,
hyper-urbanization, and globalization are the
important drivers for this market. Intelligent
infrastructure has given rise to the smart
vehicles and smart vehicles on smart roads
represents better infrastructure, better
communication facility, less congestion, and
better safety. The opportunity involved is the
need for smart vehicles which has given rise to
the intelligent infrastructure and intelligent
vehicles.
http//www.marketsandmarkets.com/Market-Reports/tr
ansportation-analytics-system-market-1298.html
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Verticals such as roadways, intermodals, airways,
railways, and seaways are extensively using
applications such as remote sensing. Big players
and start-up companies are shifting toward
smarter technology and its solutions to meet the
requirements of todays business and customer
needs. The introduction of disruptive
technologies in solutions such as analytics,
advanced traveler information system, advanced
vehicle control system, and the type of analytics
used is giving boost to the adoption of
transportation system solutions, applications,
and products across various verticals. The
report also draws the competitive landscape of
the transportation system and analytics market,
providing an in-depth comparative analysis of the
technological and marketing strategies that the
key players are adopting in order to gain an edge
over their competitors. The key strategies
followed by most companies in the global
transportation analytics and system market are
new intelligence technology, shift toward
analytical solutions, and acquiring relatively
small domain expert players. Some of the major
players in this market are IBM, Siemens, Oracle,
Honeywell, INRIX, Image Sensing Systems, and
Xerox.
http//www.marketsandmarkets.com/Market-Reports/tr
ansportation-analytics-system-market-1298.html
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ansportation-analytics-system-market-1298.html
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