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Transportation Predictive Analytics And Simulation Market Overview

[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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Global vehicular traffic volume increasing by leaps and bounds

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.

Transit companies using data driven information for transportation

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.

Sudip Saha
Sudip Saha

Principal Consultant

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Roadways to remain the largest segment in terms of transport components

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.

Transportation Predictive Analytics And Simulation Market

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.

Trends likely to govern the global transportation predictive analytics and simulation market

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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Roadways segment likely to witness the highest CAGR in terms of value in the North America transportation predictive analytics and simulation market

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.

Market segmentation

By Region:

  • North America
  • Latin America
  • APEJ
  • Japan
  • Western Europe
  • Eastern Europe
  • MEA

By Component:

  • Software
  • Services

By Deployment Model:

  • On-Premise
  • Cloud-based

By Simulation Method:

  • Microscopic
  • Macroscopic
  • Mesoscopic

By Component of Transport:

  • Roadways
  • Railways
  • Airways
  • Seaways

Frequently Asked Questions

What is the outlook of the global transportation predictive analytics and simulation market?

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.

Who are some prominent transportation predictive analytics and simulation service providers?

BM Corporation, Xerox Corporation, and SAP AG are some prominent transportation predictive analytics and simulation service providers

Table of Content

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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