Smart Mobility Market Growth Drives at a CAGR of 20.5% by Increasing Trend of on-demand Transportation Services and Technology
Research Reports
Oct 25, 2022
Smart Mobility Market Research Report and Growth Analysis By Element (Bike Commuting, Car Sharing, Ride Sharing), Solution Type (Traffic Management, Parking Management, Mobility Management), and Technology (3G & 4G, Wi-Fi, Global Positioning System (GPS), Radio Frequency Identification (RFID), Embedded System), and Region (North America, Europe, Asia Pacific, Rest of the World) — Forecast till 2030
The closure of transportation impacted the Smart mobility market badly as the demand decreased for these. Post COVID the demand started to increase but still it will take time to fully recover from the losses that occurred during the pandemic. The global Smart mobility market is projected to record a CAGR of 20.5% during the forecast period. Smart mobility refers to the new approach to transport regarding the use of vehicles and the technologies linked to it to improve the quality of urban mobility. Smart mobility is a forward-looking approach, which focuses on the needs of all users – citizens, residents, workers, and visitors. The goal is to create a mobility system, which meets the needs of citizens and improves their quality of life effectively and efficiently.
Due to the pandemic, there was various restriction and norms that was implemented by the government to tackle the pandemic. There was a decrease in the activities such as transportation and travel activities were banned. This has decreased the revenue of transport companies and is facing difficulties to manage their activities.
Key Players
- Cisco
- Excelfore Corporation
- Ford Motor Company
- Innoviz Technologies. Inc.
- MAAS Global Oy
- QuaLiX Information System
- Robert Bosch GmbH
- Siemens
- TomTom International
- Toyota Motor Corporation and Others.
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Smart Mobility Market Segmental Analysis
Global Smart mobility market, by Element
- Bike Commuting
- Car Sharing
- Ride Sharing
Global Smart mobility market, by Solution Type
- Traffic Management
- Parking Management
- Mobility Management
- Others
Global Smart mobility market, by Technology
- 3G & 4G
- Wi-Fi
- Global Positioning System (GPS)
- Radiofrequency Identification (RFID)
- Embedded System
- Others
- Report Scope:
Report Metrics |
Details |
Market Size |
~71 Billion USD |
CAGR |
20.5% CAGR (2022-2030) |
Base Year |
2021 |
Forecast Period |
2022-2030 |
Historical Data |
2019 & 2020 |
Forecast Units |
Value (USD Million) |
Report Coverage |
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
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TABLE OF CONTENTS
- EXECUTIVE SUMMARY
- MARKET INTRODUCTION
2.1. Market Definition
2.2. Scope Of The Study
2.2.1. Research Objectives
2.2.2. Assumptions & Limitations
2.3. Market Structure
- MARKET RESEARCH METHODOLOGY
3.1. Research Process
3.2. Secondary Research
3.3. Primary Research
3.4. Forecast Model
- MARKET LANDSCAPE
4.1. Supply Chain Analysis
4.2. Porter’s Five Forces Analysis
4.2.1. Threat Of New Entrants
4.2.2. Bargaining Power Of Buyers
4.2.3. Bargaining Power Of Suppliers
4.2.4. Threat Of Substitutes
4.2.5. Internal Rivalry
4.3. Impact Of COVID-19 On Global Smart Mobility Market
4.3.1. Impact On Production
4.3.2. Impact On Sales
4.3.3. Impact On Pricing
4.3.4. Others
- MARKET DYNAMICS OF THE GLOBAL SMART MOBILITY MARKET
5.1. Introduction
5.2. Drivers
5.3. Restraints
5.4. Opportunities
5.5. Challenges
- GLOBAL SMART MOBILITY MARKET, BY ELEMENT
6.1. Introduction
6.2. Bike Commuting
6.2.1. Market Estimates & Forecast, 2019-2030
6.2.2. Market Estimates & Forecast, By Region, 2019-2030
6.3. Car Sharing
6.3.1. Market Estimates & Forecast, 2019-2030
…Continued.
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