Transparency Market Research

Transportation Analytics Market - High Performance Reporting and Analysis Tools to Measure the Performance of Transport Logistics

Transportation Analytics Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025

 

Albany, NY -- (SBWIRE) -- 03/23/2018 -- With the rapid technological advancements, there is need of efficient transportation mode. Inefficient transportation difficulties are expensive as well as time consuming. Major concern lies in building the infrastructure for transportation such as roads, highways, and railway tracks. This is because production of a car is less time consuming than construction of roads, tracks etc. Rising population and the migration of people from the rural areas to the metropolises are the factors which are responsible for traffic congestion. Traffic congestion enhances the fuel consumption, travelling time, and air pollution and reduces the effectiveness of transportation infrastructure. To overcome this problem many countries such as U.S., Germany, U.K., and Japan among various others are deploying transportation analytics solutions.

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Transportation analytics solutions helps in extracting all the data related to transportation and provide actionable insights. It involves high performance reporting and analysis tool to measure the performance of transport logistics. Transportation data from a variety of different sources automatically flows into an analysis system to a secure way. It is then associated together and processed to generate detailed figures and reports. Transportation analytics services helps in enhancing driving efficiency while reducing congestion.

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It also contributes in optimizing public transport using present fare data. Data related to transportation is collected and utilized in order to manage the system effectively. There should be proper monitoring and evaluating system in place. The applications derived from the transportation analytics solutions and services are profiting the users greatly and additional innovations are expected in the coming years.

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Transportation analytics solutions and services involves technologies such as cameras, sensors, and geo-tracking with analytics and helps to determine availability of particular parking slot and in turn reducing congestion. The emergence of smart vehicles on developed roads contribute towards better safety, communication facilities and advanced infrastructure. This automates the overall management of control systems. There is rapid increase in awareness among passengers/travelers to effectively manage, monitor and modernize their travel.