Transportation analytics market seen reaching $72.4B by 2031

By AI, Created 9:35 AM UTC, May 26, 2026, /AGP/ – A new Allied Market Research report says the transportation analytics market will surge from $12.9 billion in 2021 to $72.4 billion by 2031, driven by smart mobility, multimodal travel and growing use of AI, cloud and big data. Europe led in 2021, while Asia-Pacific is projected to post the fastest growth.

Why it matters: - Transportation analytics is becoming a core layer of smart mobility, helping transit systems handle larger data volumes from cameras, GPS, geo-location and sensors. - The market’s projected rise to $72.4 billion by 2031 signals sustained demand for tools that can improve operations, cut costs and support real-time decisions. - Governments and cities are investing more in smart city and smart transportation projects, expanding the use case for business analytics in transit. - Get the sample report

What happened: - Allied Market Research published a report on the transportation analytics market on May 26, 2026. - The report says the market was valued at $12.9 billion in 2021 and is expected to reach $72.4 billion by 2031. - The forecast calls for 19.2% annual growth from 2022 to 2031. - The report also highlights a sample request page and a purchase inquiry page for the study.

The details: - Transportation analytics uses advanced analysis to help transportation operators improve functioning, reduce costs and better serve travelers. - Multimodal transportation networks are generating more data from buses, cycles, trains, airports and personal vehicles. - The solution segment held the largest share in 2021, while the services segment is expected to post the fastest growth. - On-premise deployment led the market in 2021. - Descriptive analytics was the largest type segment in 2021. - Traffic and incident management was the largest application in 2021. - Roadways accounted for the largest share by mode of transport in 2021. - Europe generated the highest revenue in 2021. - Asia-Pacific is expected to grow the fastest, supported by higher adoption of cloud-based solutions and services, AI, big data and IoT. - COVID-19 is expected to create opportunities for market growth because of greater investment in cloud technology, big data, artificial intelligence and machine learning. - Key companies in the market include Alteryx, Cellint, Cubic Corporation, IBM, Indra Sistemas, INRIX, Kapsch TrafficCom, Siemens, Trimble and TomTom. - The report says those companies are using different strategies to expand market share and strengthen their positions. - Enquiry before buying - Purchase options

Between the lines: - The report points to a market shift from basic reporting toward predictive and real-time analytics. - Smart city spending and the rise of connected infrastructure are likely to keep transportation data growing faster than many legacy systems can process it. - The strongest demand appears to be coming from regions and use cases where traffic management, cloud adoption and multimodal coordination are already under pressure.

What’s next: - Allied Market Research expects the fastest gains to come from services, Asia-Pacific and cloud-enabled deployments. - More cities and transit operators are likely to adopt analytics platforms as they seek better operational control and service quality. - The market’s next phase will likely center on integrating AI, IoT and machine learning into day-to-day transit planning and monitoring.

The bottom line: - Transportation analytics is moving from a niche technology to a major market with broad use across smart cities, transit networks and traffic management.