Market Overview:
The global transportation IT spending market is expected to grow at a CAGR of 7.5% from 2018 to 2030. The market growth is attributed to the increasing adoption of IT solutions by various transportation modes such as airlines, waterways, railways, and road transport. Furthermore, the increasing demand for cloud-based solutions and services is also contributing to the growth of the market. North America accounted for the largest share of the global transportation IT spending market in 2017 and is expected to maintain its dominance during the forecast period.
Product Definition:
Transportation IT spending is the money that is allocated for information technology within the transportation industry. This can include anything from software to hardware to services. The importance of transportation IT spending can vary depending on the company, but it generally falls into two categories: efficiency and safety. By investing in IT systems, companies can often make their operations more efficient, which can save them time and money. Additionally, by having accurate and up-to-date information about traffic conditions or weather disruptions, businesses can make better decisions about when to send their drivers out on the road and how to route their shipments.
Hardware:
Hardware is the physical devices or machinery which are used to execute software. Hardware components of transportation IT spending include smartphones, wearable devices, tablets, laptops and desktops. The hardware market has witnessed significant growth over the past few years owing to its increasing usage in passenger & freight transport industry for various applications such as ticketing management system (TMS), tracking systems and real-time monitoring systems among others.
Software and Solutions:
Software and solutions in transportation IT spending market include analytics software, business intelligence software, mobile applications, predictive analytics software. They are used by various end-use industries such as public transport & logistics and transportation. The global demand for these solutions is expected to witness significant growth over the forecast period owing to the increasing need for mobility across all modes of transport including roadways, railways as well as airways.
Application Insights:
The road transport segment dominated the global transportation IT spending market in 2017 and is expected to witness a CAGR of XX% from 2018 to 2030. The growth can be attributed to the increasing demand for real-time information on vehicle location, status, and condition from various departments within an organization.
Airlines are one of the most prominent end users of this technology as they strive for operational efficiency and improved customer experience at every level of service delivery. Furthermore, airlines are focusing on reducing operating costs through better use of data collected at airports about passenger movements so that they can make informed decisions while scheduling aircraft maintenance or crew changes. This will help them optimize their fleet utilization based on actual passenger requirements thereby driving industry growth over the forecast period.
Regional Analysis:
The North American region dominated the market in 2017 and is expected to maintain its position over the forecast period. The growth can be attributed to increasing investments in IT infrastructure for better management of air, sea, and road traffic. Moreover, presence of major players such as IBM Corporation; Cisco Systems, Inc.; Hewlett Packard Enterprise Development LP; Oracle Corporation; Microsoft Corporation; Google LLC has contributed to high demand for technologies across this region.
Asia Pacific is anticipated to witness significant growth over the forecast period owing to increasing government initiatives on developing transport infrastructure coupled with rising passenger traffic at a domestic level. For instance, China’s 13th Five-Year Plan (2016 - 2020) envisioned an investment worth USD X trillion for improving transport facilities within China including railways network upgrade and construction of new railway lines that connect different parts of China with each other as well as international routes connecting Chinese cities with major cities across Asia and beyond (i.e., Hong Kong & Macau).
Growth Factors:
- Increasing demand for transportation services due to globalization and urbanization
- Emergence of new transportation modes (e.g., ride-sharing, autonomous vehicles)
- Proliferation of data-driven transportation services and applications
- Development of innovative technologies (e.g., blockchain, 5G)
- Growing focus on sustainability and environmental responsibility
Scope Of The Report
Report Attributes
Report Details
Report Title
Transportation IT Spending Market Research Report
By Type
Hardware, Software and Solutions, IT Services
By Application
Airlines, Waterways, Railways, Road Transport
By Companies
Accenture, Cisco Systems, GE Transportation Systems, IBM, Siemens, Amadeus, Alstom, Atos, Bass Software, Capgemini, Cognizant, Cubic, Damarel, Descarts Systems, DNV GL, Ikusi, Indra Sistemas, KAPSCH, LG CNS, Mindfire Solutions, NEC, Northrop Grumman, Wayne RESA, Rockwell Collins, SAP, TCS, Thales Group, Veson Nautical, Wipro
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
149
Number of Tables & Figures
105
Customization Available
Yes, the report can be customized as per your need.
Global Transportation IT Spending Market Report Segments:
The global Transportation IT Spending market is segmented on the basis of:
Types
Hardware, Software and Solutions, IT Services
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Airlines, Waterways, Railways, Road Transport
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Accenture
- Cisco Systems
- GE Transportation Systems
- IBM
- Siemens
- Amadeus
- Alstom
- Atos
- Bass Software
- Capgemini
- Cognizant
- Cubic
- Damarel
- Descarts Systems
- DNV GL
- Ikusi
- Indra Sistemas
- KAPSCH
- LG CNS
- Mindfire Solutions
- NEC
- Northrop Grumman
- Wayne RESA
- Rockwell Collins
- SAP
- TCS
- Thales Group
- Veson Nautical
- Wipro
Highlights of The Transportation IT Spending Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Hardware
- Software and Solutions
- IT Services
- By Application:
- Airlines
- Waterways
- Railways
- Road Transport
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Transportation IT Spending Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Transportation IT spending is the total amount of money that organizations spend on information technology (IT) related to transportation, such as software development, data management, and telecommunications.
Some of the key players operating in the transportation it spending market are Accenture, Cisco Systems, GE Transportation Systems, IBM, Siemens, Amadeus, Alstom, Atos, Bass Software, Capgemini, Cognizant, Cubic, Damarel, Descarts Systems, DNV GL, Ikusi, Indra Sistemas, KAPSCH, LG CNS, Mindfire Solutions, NEC, Northrop Grumman, Wayne RESA, Rockwell Collins, SAP, TCS, Thales Group, Veson Nautical, Wipro.
The transportation it spending market is expected to register a CAGR of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Transportation IT Spending Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Transportation IT Spending Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Transportation IT Spending Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Transportation IT Spending Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Transportation IT Spending Market Size & Forecast, 2018-2028
4.5.1 Transportation IT Spending Market Size and Y-o-Y Growth
4.5.2 Transportation IT Spending Market Absolute $ Opportunity
Chapter 5 Global Transportation IT Spending Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Transportation IT Spending Market Size Forecast by Type
5.2.1 Hardware
5.2.2 Software and Solutions
5.2.3 IT Services
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Transportation IT Spending Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Transportation IT Spending Market Size Forecast by Applications
6.2.1 Airlines
6.2.2 Waterways
6.2.3 Railways
6.2.4 Road Transport
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Transportation IT Spending Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Transportation IT Spending Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Transportation IT Spending Analysis and Forecast
9.1 Introduction
9.2 North America Transportation IT Spending Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Transportation IT Spending Market Size Forecast by Type
9.6.1 Hardware
9.6.2 Software and Solutions
9.6.3 IT Services
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Transportation IT Spending Market Size Forecast by Applications
9.10.1 Airlines
9.10.2 Waterways
9.10.3 Railways
9.10.4 Road Transport
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Transportation IT Spending Analysis and Forecast
10.1 Introduction
10.2 Europe Transportation IT Spending Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Transportation IT Spending Market Size Forecast by Type
10.6.1 Hardware
10.6.2 Software and Solutions
10.6.3 IT Services
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Transportation IT Spending Market Size Forecast by Applications
10.10.1 Airlines
10.10.2 Waterways
10.10.3 Railways
10.10.4 Road Transport
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Transportation IT Spending Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Transportation IT Spending Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Transportation IT Spending Market Size Forecast by Type
11.6.1 Hardware
11.6.2 Software and Solutions
11.6.3 IT Services
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Transportation IT Spending Market Size Forecast by Applications
11.10.1 Airlines
11.10.2 Waterways
11.10.3 Railways
11.10.4 Road Transport
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Transportation IT Spending Analysis and Forecast
12.1 Introduction
12.2 Latin America Transportation IT Spending Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Transportation IT Spending Market Size Forecast by Type
12.6.1 Hardware
12.6.2 Software and Solutions
12.6.3 IT Services
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Transportation IT Spending Market Size Forecast by Applications
12.10.1 Airlines
12.10.2 Waterways
12.10.3 Railways
12.10.4 Road Transport
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Transportation IT Spending Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Transportation IT Spending Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Transportation IT Spending Market Size Forecast by Type
13.6.1 Hardware
13.6.2 Software and Solutions
13.6.3 IT Services
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Transportation IT Spending Market Size Forecast by Applications
13.10.1 Airlines
13.10.2 Waterways
13.10.3 Railways
13.10.4 Road Transport
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Transportation IT Spending Market: Competitive Dashboard
14.2 Global Transportation IT Spending Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Accenture
14.3.2 Cisco Systems
14.3.3 GE Transportation Systems
14.3.4 IBM
14.3.5 Siemens
14.3.6 Amadeus
14.3.7 Alstom
14.3.8 Atos
14.3.9 Bass Software
14.3.10 Capgemini
14.3.11 Cognizant
14.3.12 Cubic
14.3.13 Damarel
14.3.14 Descarts Systems
14.3.15 DNV GL
14.3.16 Ikusi
14.3.17 Indra Sistemas
14.3.18 KAPSCH
14.3.19 LG CNS
14.3.20 Mindfire Solutions
14.3.21 NEC
14.3.22 Northrop Grumman
14.3.23 Wayne RESA
14.3.24 Rockwell Collins
14.3.25 SAP
14.3.26 TCS
14.3.27 Thales Group
14.3.28 Veson Nautical
14.3.29 Wipro
