Transportation Systems And Analytics Market - Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth and Forecast 2022-2027
Transportation Systems and Analytics Market Report Overview Transportation Systems and Analytics Market size is analysed to grow at a CAGR of 12.1% during the forecast 2022-2027 to reach $127.6 billion by 2027. Globalization, hyper-population, and the urge for high travel convenience have all contributed to the need for an efficient transportation system. The increasing use of analytics and advanced transportation control systems, as well as system integrators, are assisting in the resolution of various transportation system problems. The applications derived from the technologies are greatly benefiting users, and more innovations are expected in the coming years. The transportation system and analytics market will be influenced by ongoing trends towards integrated logistics, globalisation, and a focus on information and communication technology. While the market is approaching intense competition, it is well-positioned to benefit from positive efforts toward integrated logistics.