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Smart Mobility Market - By Element Type (Ride sharing, Car sharing, Bike commuting), By Solution Type (Traffic Management, Parking Management, Mobility Management, Others), By Technology (3G and 4G, Wi-Fi, Global Positioning System (GPS), Radio Frequency Identification (RFID), Embedded Systems), By End User (Civil work, Business development, Academics, Municipal sectors), By Geography - Global Opportunity Analysis & Industry Forecast, 2023-2030
Smart Mobility Market Overview:
The Smart Mobility Market size is estimated to reach $ 36000 Million by 2030, growing at a CAGR of 20% during the forecast period 2023-2030. The growth of the market can be attributed to factors such as the increasing demand for efficient transportation solutions, rising urbanization, and the increasing adoption of connected and autonomous vehicles.
The Smart Mobility Market refers to the integration of various transportation modes enabled by intelligent transportation systems that aim to increase transportation efficiency while reducing environmental impact. As a result of technological advancements, the global smart mobility market has been gaining popularity in recent years.
In addition, the development of smart cities and the increasing prevalence of shared mobility services are also expected to drive the growth of the smart mobility market in the coming years. The Asia-Pacific region is expected to dominate the market due to the increasing government initiatives to develop smart transportation solutions.
Overall, the smart mobility market is expected to offer lucrative opportunities for market players in the coming years due to the growing demand for sustainable transportation solutions.
Market Snapshot:
Smart Mobility Market - Report Coverage:
The “Smart Mobility Market Report - Forecast (2023-2030)” by IndustryARC, covers an in-depth analysis of the following segments in the Smart Mobility Market.
Smart Mobility Market - Top Trends
Mobility as a Service (MaaS): Mobility as a Service (MaaS) is a subscription-based service that provides users with access to a range of transportation options, including public transport, car-sharing services, and bike-sharing services, all through a single mobile app.
Shared Mobility Services: Shared mobility services like car-sharing, ride-sharing, and bike-sharing are becoming popular in urban areas due to their cost-effectiveness and convenience. People can use these services to travel short distances without the need to own a vehicle.
Electric Vehicles: Electric vehicles are gaining popularity in the smart mobility market due to their eco-friendliness and cost-effectiveness. Governments all over the world are providing incentives to manufacturers and customers to encourage them to buy and sell electric vehicles.
Autonomous Vehicles: Autonomous vehicles are another trend in the smart mobility market. Companies like Tesla, Uber, and Alphabet are working on developing self-driving cars that can reduce accidents, improve transportation efficiency and provide a more comfortable and safe travel experience.
The Smart Mobility Market - Company Analysis
Smart Mobility is a rapidly growing market all around the world, and with the integration of new technologies, this sector is booming. Therefore, it is essential to analyze the performance of companies operating in this market. Here are some of the major companies in the Smart Mobility Market:
Uber is one of the most popular names in the Smart Mobility Market. It has revolutionized the way we travel by providing an affordable and comfortable commute through its ride-hailing services. Uber's extensive network, user-friendly interface, and timely service have made it a popular choice among customers. The company has diversified its services by expanding its presence into other areas such as food delivery, freight transport, and electric bikes. As of March 2021, the global market capitalization of Uber is USD 95.27 billion.
Alphabet Inc., the parent company of Google, has made significant strides in the Smart Mobility Market through its subsidiary Waymo. Waymo is a leader in developing autonomous driving technology, and its self-driving cars are considered to be the safest in the market. The company has established partnerships with major automakers and ride-hailing services to expand its reach. As of March 2021, the global market capitalization of Alphabet is USD 1.40 trillion.
Didi Chuxing is a Chinese-based ride-hailing company that has established itself as a dominant player in the Asian Smart Mobility Market. The company offers a wide range of services, including taxi-hailing, car rental, bike-sharing, and bus-hailing services. It has consistently ranked as the top ride-hailing company in China. As of March 2021, the global market capitalization of Didi Chuxing is USD 80 billion.
Grab is a technology company that provides a wide range of services, including ride-hailing, food delivery, and financial services across Southeast Asia. The company has expanded its services to include digital payments, which have become increasingly popular in the region. Grab has established partnerships with local businesses and governments to facilitate its operations. As of March 2021, the global market capitalization of Grab is USD 40.1 billion.
Key Market Players:
Product/Service launches, approvals, patents and events, acquisitions, partnerships and collaborations are key strategies players in the Smart Mobility Market adopt. The top 10 companies in Smart Mobility Market are listed below:
- Uber Technologies Inc.
- Lyft Inc.
- Hyundai Motor Company
- Grab Holdings Inc.
- Ola Cabs (ANI Technologies Pvt. Ltd.)
- Ford Motor Company
- General Motors Company
- BMW Group
- Volkswagen AG
- Toyota Motor Corporation
Scope of the Report:
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1. Smart Mobility Market Overview
1.1 Definitions and Scope
2. Smart Mobility Market– Executive Summary
3. Smart Mobility Market– Market Landscape
3.1 Company Benchmarking – Key Companies
3.2 Key Company Financial Analysis
3.3 Market Share Analysis – Key Companies
3.4 Patent Analysis
3.5 Pricing Analysis (Comparison of General Price Offerings in the Market)
4. Smart Mobility Market– Startup Company Scenario (Premium)
4.1 Investment
4.2 Revenue
4.3 Venture Capital and Funding Scenario
5. Smart Mobility Market– Market Entry Scenario Premium (Premium)
5.1 Regulatory Scenario
5.2 New Business and Ease of Doing business index
5.3 Case Studies of Successful Ventures
6. Smart Mobility Market– Market Forces
6.1 Market Drivers
6.2 Market Constraints
6.3 Porter’s Five Force Model
6.3.1 Bargaining Power of Suppliers
6.3.2 Bargaining Powers of Customers
6.3.3 Threat of New Entrants
6.3.4 Rivalry Among Existing Players
6.3.5 Threat of Substitutes
7. Smart Mobility Market– Strategic Analysis
7.1 Value Chain Analysis
7.2 Opportunities Analysis
7.3 Market Life Cycle Analysis
8. Smart Mobility Market– By Element Type (Market Size - $Million/$Billion)
8.1 Ride sharing
8.1.1 Market Trends by Region
8.1.2 Market Share & Forecast by Region
8.2 Car Sharing
8.2.1 Market Trends by Region
8.2.2 Market Share & Forecast by Region
8.3 Bike commuting
8.3.1 Market Trends by Region
8.3.2 Market Share & Forecast by Region
8.4 Others
9. Smart Mobility Market– by Solution type (Market Size - $Million/$Billion)
9.1 Traffic Management
9.1.1 Market Share & Forecast by Region
9.1.2 Market Share & Forecast by Region
9.2 Parking Management
9.2.1 Market Trends by Region
9.2.2 Market Share & Forecast by Region
9.3 Mobility Management
9.3.1 Market Trends by Region
9.3.2 Market Share & Forecast by Region
9.4 Others
10. Smart Mobility Market– by Technology Type (Market Size - $Million/$Billion)
10.1 3G and 4G
10.1.1 Market Trends by Region
10.1.2 Market Share & Forecast by Region
10.2 Wi-Fi
10.2.1 Market Trends by Region
10.2.2 Market Share & Forecast by Region
10.3 Global Positioning System (GPS)
10.3.1 Market Trends by Region
10.3.2 Market Share & Forecast by Region
10.4 Radio Frequency Identification (RFID)
10.4.1 Market Trends by Region
10.4.2 Market Share & Forecast by Region
10.5 Embedded Systems
10.5.1 Market Trends by Region
10.5.2 Market Share & Forecast by Region
10.6 Others
11. Smart Mobility Market– by End User (Market Size - $Million/$Billion)
11.1 Civil Work
11.1.1 Market Trends by Region
11.1.2 Market Share & Forecast by Region
11.2 Business Development
11.2.1 Market Trends by Region
11.2.2 Market Share & Forecast by Region
11.3 Academics
11.3.1 Market Trends by Region
11.3.2 Market Share & Forecast by Region
11.4 Municipal Sectors
11.4.1 Market Trends by Region
11.4.2 Market Share & Forecast by Region
11.5 Others
12. Smart Mobility Market– by Geography (Market Size - $Million/$Billion)
12.1 North America
12.1.1 U.S.
12.1.2 Canada
12.1.3 Mexico
12.2 Europe
12.2.1 Germany
12.2.2 France
12.2.3 U.K.
12.2.4 Italy
12.2.5 Spain
12.2.6 Russia
12.2.7 Rest of Europe
12.3 Asia-Pacific
12.3.1 China
12.3.2 Japan
12.3.3 South Korea
12.3.4 India
12.3.5 Australia & New Zealand
12.3.6 Rest of Asia-Pacific
12.4 South America
12.4.1 Brazil
12.4.2 Argentina
12.4.3 Chile
12.4.4 Colombia
12.4.5 Rest of South America
12.5 Rest of the World
12.5.1 Middle East
12.5.2 Africa
13. Smart Mobility Market– Market Entropy
13.1 New product launches
13.2 M&A’s, collaborations, JVs and partnerships
14. Smart Mobility Market– Industry Competition Landscape (Premium)
14.1 Market Share Analysis
14.1.1 Market Share by Technology – Key Companies
14.1.2 Market Share by Country – Key Companies
14.1.3 Market Share by Region – Key Companies
14.2 Competition Matrix
14.3 Best Practices for Companies
15. Smart Mobility Market– Key Company List by Country Premium (Premium)
16. Smart Mobility Market– Company Analysis
16.1 Uber Technologies Inc.
16.2 Lyft Inc.
16.3 Didi Chuxing Technology Co.
16.4 Grab Holdings Inc.
16.5 Ola Cabs (ANI Technologies Pvt. Ltd.)
16.6 Lime
16.7 Bird Rides Inc.
16.8 Waymo LLC (Alphabet Inc.)
16.9 Tesla Inc
16.10 Ford Motor Company
16.11 General Motors Company
16.12 BMW Group
16.13 Volkswagen AG
16.14 Toyota Motor Corporation
16.15 Hyundai Motor Company
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The Smart Mobility Market is forecast to grow at 20% during the forecast period 2023-2030.
The Global Smart Mobility Market size is estimated to be $XX Million in 2023 and is projected to reach $36000 Million by 2030.
The leading players in the Smart Mobility Market are Uber Technologies Inc., Lyft Inc., Didi Chuxing Technology Co., Grab Holdings Inc., BMW Group and others.