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Transportation Analytics Market Size and Growth
The Transportation Analytics market is experiencing significant growth due to increasing demand for data-driven decision-making in logistics and supply chain management. Valued at approximately $7 billion in 2023, the market is projected to expand at a CAGR of 23% through 2030, driven by advancements in technology and rising logistics complexities.
Companies Covered
(Covid 19 Impact Covered)
◍ IBM
◍ Siemens
◍ Cubic
◍ Cellint
◍ Alteryx
◍ Kapsch Trafficcom
◍ INRIX
◍ Indra Sistema
◍ Trimble
◍ TomTom
◍ OmniTracs
◍ Hitachi
◍ SmartDrive Systems
◍ Techvantage
The Transportation Analytics market features major players like IBM, Siemens, and Cubic, leveraging data analytics for operational efficiency. Companies such as INRIX and Trimble enhance traffic flow analysis. Sales revenues vary, with IBM reporting ~$57B and Siemens around $60B, driving innovation and market growth through advanced analytics solutions.
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