Amid Ukraine-Russia crisis, our analysts and industry experts are closely monitoring the markets and working hard to identify, gather and timely deliver analysis of the impact of the situation and the impact that it has on various markets. All our reports are updated with the latest impact on the market before being sent out to our customers.
The global smart mobility industry is being driven by the heightened urbanisation and rapid technological advancements. The growing population across the globe is leading to a rise in demand for transportation. In addition, the rapidly increasing smartphone ownership, along with growing access to the internet, is also impacting the industry growth positively. Moreover, the increasing application of radio frequency identification (RFID) systems in asset tracking processes is also driving the market growth. In addition, the growing demand for cab services and ride sharing services in major cities, especially among the working population, is also expected to contribute to the overall market growth in the coming years.
The growing focus of the leading players to develop advanced mobility solutions in order to enhance customer experience is expected to positively stimulate the industry growth in the forecast period. In July 2019, Ford Smart Mobility LLC, a subsidiary of the Ford Motor Company (NYSE: F), announced the acquisition of Journey Holding Corporation, a transportation system software vendor. This acquisition would help provide technological solutions for on-demand and fixed-route systems for public and private transit operations. Furthermore, another leading manufacturer of smart mobility solutions, Innoviz Technologies (NASDAQ: INVZ), in a press release dated May 2021, announced its partnership with Sensagrate, a leader in smart city technology, to integrate InnovizOne with SensaVision, which would help to provide improved automobile and pedestrian safety, prevention of potential collisions at the intersections, predictive analytics, and intelligent data collection, among others. Such developments are expected to drive the growth of the smart mobility industry.
Market Breakup by Element, Solution, Technology, and Region:
Key Findings of the Report:
Key Offerings of the Report:
The major players in the global smart mobility market are Cisco Systems, Inc., Hitachi, Ltd., Ford Motor Company, Siemens Mobility, Robert Borsch GmbH, Excelfore Corporation, and others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.
EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.
Expert Market Research
US & Canada Phone no: +1-415-325-5166
UK Phone no: +44-702-402-5790
*We at Expert Market Research always strive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.