About Smart Mobility
Smart mobility, a paradigm shift towards more flexible and multi-modal transport system. In the era of mobility, transportation infrastructures must move people and goods faster, seamlessly and in a convenient way, both in urban and interurban environments. It deals with providing intelligent transportation solutions using innovative and integrated technologies and solutions, which is environmental-friendly and promotes sustainable development in both developed and developing economies.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 19.7% |
Analyst at AMA Research estimates that United States Manufacturers will contribute the maximum growth to Global Smart Mobility market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Google (United States), Toyota (Japan), Siemens (Germany), Cisco (United States), Ford (United States), Bosch (Germany), Innoviz Technologies Ltd (Israel), QuaLiX (India), Verizon (United States) and Excelfore (United States) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are Tata Motors (India), Excelfore (United States) and TomTom (Netherlands).
Segmentation Overview
AMA Research has segmented the market of Global Smart Mobility market by and Region.
On the basis of geography, the market of Smart Mobility has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Mobility Mode, the sub-segment i.e. Ridesharing will boost the Smart Mobility market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Transportation Mode, the sub-segment i.e. Airways will boost the Smart Mobility market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Connectivity, the sub-segment i.e. 3G And 4G will boost the Smart Mobility market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Solution Type, the sub-segment i.e. Traffic Management Solutions will boost the Smart Mobility market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Government Initiatives for Developing Smart Cities in Various Emerging Economies such as India, China and other
Market Growth Drivers:
Increasing Usage of IoT Technology in Self Driven Cars and Rising Adoption of Smart Transportation in Developed Economies
Challenges:
Lack of Efficiency in Real Time Algorithms
Restraints:
Lack of Standardized Regulatory Framework for Energy Sectors
Opportunities:
Developing Economies and Emerging Hotspots for Smart City Technology Growth
In September 2018, Cisco Systems signed an agreement with the Indonesian government for its global Country Digital Acceleration (CDA) program. As per the agreement, this program would focus on digital governments, digital industries, digital state-owned enterprises, and cybersecurity and digital inclusions.
Key Target Audience
Transportation Services Providers, Networking and Communication Services Providers, Transportation Agencies, Public Transportation Departments, Managed Service Providers (MSPs), System Integrators and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.