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renucoherentmarket

renucoherentmarket

Transporation Predictive Analytics and Simulation Market 2027

The number of vehicles around the world has been increased significantly in the recent past. This mainly due to significant growth in transportation infrastructure. According to GOV.UK, 2019, all motor traffic increased by 0.8% from 2018. Increasing population in cities is exerting pressure on road networks, leading to overcrowded road networks, lack of safe public transportation modes, poor traffic management, parking issues, road safety concerns, and poor road conditions. Predictive analytics and simulation software for transportation collects the data from sensors embedded in vehicles and process it to produce meaningful insights. This analysis can help to manage the road traffic flow efficiently and reduce congestions on the roads.