Smart Mobility Trends and Forecast
The future of the global smart mobility market looks promising with opportunities in the civil work, business development, academic, and municipal sector markets. The global smart mobility market is expected to reach an estimated $197 billion by 2030 with a CAGR of 19.9% from 2024 to 2030. The major drivers for this market are growing need for effective modes of transportation and increasing use of connected and self-driving cars.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Smart Mobility by Segment
The study includes a forecast for the global smart mobility by element type, solution type, technology, end use, and region.
Smart Mobility Market by Element Type [Shipment Analysis by Value from 2018 to 2030]:
• Ride Sharing
• Car Sharing
• Bike Commuting
Smart Mobility Market by Solution Type [Shipment Analysis by Value from 2018 to 2030]:
• Traffic Management
• Parking Management
• Mobility Management
• Others
Smart Mobility Market by Technology [Shipment Analysis by Value from 2018 to 2030]:
• 3G & 4G
• Wi-Fi
• Global Positioning System (GPS)
• Radio Frequency Identification (RFID)
• Embedded Systems
• Others
Smart Mobility Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
• Civil Work
• Business Development
• Academics
• Municipal Sectors
• Others
Smart Mobility Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Smart Mobility Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies smart mobility companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the smart mobility companies profiled in this report include-
• QUALIX INFORMATION SYSTEM
• MaaS Global
• TOYOTA MOTOR CORPORATION
• TOMTOM INTERNATIONAL
• Excelfore
• Siemens
• Robert Bosch
• Cisco Systems
• FORD MOTOR
• Innoviz Technologies
Smart Mobility Market Insights
Lucintel forecasts that parking management is expected to witness the highest growth over the forecast period.
Within this market, civil work is expected to witness the highest growth over the forecast period.
APAC is expected to witness highest growth over the forecast period.
Features of the Global Smart Mobility Market
Market Size Estimates: Smart mobility market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Smart mobility market size by various segments, such as by element type, solution type, technology, end use, and region in terms of value ($B).
Regional Analysis: Smart mobility market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different element types, solution types, technologies, end uses, and regions for the smart mobility market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the smart mobility market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the smart mobility market size?
Answer: The global smart mobility market is expected to reach an estimated $197 billion by 2030.
Q2. What is the growth forecast for smart mobility market?
Answer: The global smart mobility market is expected to grow with a CAGR of 19.9% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the smart mobility market?
Answer: The major drivers for this market are growing need for effective modes of transportation and increasing use of connected and self-driving cars.
Q4. What are the major segments for smart mobility market?
Answer: The future of the smart mobility market looks promising with opportunities in the civil work, business development, academic, and municipal sector markets.
Q5. Who are the key smart mobility market companies?
Answer: Some of the key smart mobility companies are as follows:
• QUALIX INFORMATION SYSTEM
• MaaS Global
• TOYOTA MOTOR CORPORATION
• TOMTOM INTERNATIONAL
• Excelfore
• Siemens
• Robert Bosch
• Cisco Systems
• FORD MOTOR
• Innoviz Technologies
Q6. Which smart mobility market segment will be the largest in future?
Answer: Lucintel forecasts that parking management is expected to witness the highest growth over the forecast period.
Q7. In smart mobility market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the smart mobility market by element type (ride sharing, car sharing, and bike commuting), solution type (traffic management, parking management, mobility management, and others), technology (3G & 4G, Wi-Fi, global positioning system (GPS), radio frequency identification (RFID), embedded systems, and others), end use (civil work, business development, academics, municipal sectors, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Smart Mobility Market, Smart Mobility Market Size, Smart Mobility Market Growth, Smart Mobility Market Analysis, Smart Mobility Market Report, Smart Mobility Market Share, Smart Mobility Market Trends, Smart Mobility Market Forecast, Smart Mobility Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.