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Global Smart Mobility Market: By Elements: Bike Commuting, Car Sharing, Ride Sharing; By Solution: Traffic Management, Parking Management, Mobility Management, Others; By Technology; Regional Analysis; Historical Market and Forecast (2016-2026); Market Dynamics; Competitive Landscape; Industry Events and Developments

Global Smart Mobility Market Outlook

The global smart mobility market stood at a value of around USD 31 billion in 2020. The market is further expected to grow at a CAGR of 21% in the forecast period of 2021-2026 to attain a value of USD 97 billion by 2026.

 

Advances in Global Positioning System (GPS) Technology to Catalyse the Growth of the Global Smart Mobility Industry

Based on technology, the global positioning system (GPS) segment is predicted to hold a significant market share in the smart mobility industry. This growth can be attributed to the increased implementation of GPS technology in carpooling and cab services for swift tracking of people through satellite signals that can calculate an individual's positioning.

 

Global Smart Mobility Market

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Moreover, GPS technology helps minimise fuel costs while improving safety and productivity. In addition, it enables smart route planning with automated real-time alerts that add to its overall popularity in the market. These factors are expected to contribute to the growth of the segment in the forecast period.

 

Rising Urbanisation to Bolster the Growth of the Smart Mobility Industry in the Asia Pacific

The Asia Pacific is estimated to hold a substantial share of the smart mobility industry in the forecast period. This growth can be attributed to the rapid population growth, along with the rising trends of urbanisation in the region, which is leading to an increased demand for smart mobility solutions among consumers. Moreover, in countries like India, where 70% of the population is expected to reside in urban dwellings by 2050, the mobility requirements are expected to bring forth challenges such as air pollution and congestion, which is predicted to increase the demand for smart mobility solutions in the region. These factors are estimated to positively influence the smart mobility industry growth in the Asia Pacific.

 

Smart Mobility: Industry Definition and Segmentation

Smart mobility is an emerging concept that refers to an intelligent transport and mobility network, which integrates modes of transportation through wireless communication solutions and applies real-time data analytics along with machine learning technology to enhance the transportation experience. The smart mobility technology offers affordable commuting with varied transportation options, including rapid mass transit systems, vehicle sharing, and on-demand mobility solutions, among others. This technology network makes the process of mobility economically viable while also being environment friendly and socially equitable.

By elements, the market is divided into:

  • Bike Commuting 
  • Car Sharing
  • Ride Sharing

On the basis of solution, the market can be segmented into:

  • Traffic Management
  • Parking Management
  • Mobility Management 
  • Others

Based on technology, the industry can be categorised into:

  • 3G and 4G
  • Wi-Fi
  • Global Positioning System (GPS)
  • Radio Frequency Identification (RFID)
  • Embedded Systems
  • Others

The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Heightened Urbanisation and the Rising Environmental Awareness to Augment the Global Smart Mobility Industry

The rising population worldwide is leading to increased rates of urbanisation, which has created an increased demand for transportation facilities. This has further resulted in increased utilisation of smart mobility solutions. Moreover, the increasing need for transportation, along with the escalating eco-consciousness among consumers, is driving individuals to engage in carpooling and adopt cab services and ride sharing facilities, which is expected to spearhead the market growth. In addition, the growing investment by the government in the development of smart cities is also expected to drive the market growth. Furthermore, with subsequent technological advancements, electric cars are being introduced into the market, which is expected to reduce the usage of fossil fuel-based energy resources. In addition, the increased investments in the research and development of smart mobility solutions by the leading manufacturers and the integration of latest technologies such as artificial intelligence (AI), Mobility-as-a-Service (MaaS), and others are expected to significantly contribute to the market growth in the forecast period.

 

Key Industry Players in the Global Smart Mobility Market

The report gives a detailed analysis of the following key players in the global smart mobility market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • Cisco Systems, Inc.
  • Hitachi, Ltd
  • Ford Motor Company
  • Siemens Mobility
  • Robert Bosch GmbH
  • Excelfore Corporation 
  • Others

The comprehensive EMR report provides an in-depth assessment of the industry based on the Porter's five forces model and SWOT analysis.

 

REPORT FEATURES DETAILS
Base Year 2020
Historical Period 2016-2020
Forecast Period 2021-2026
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Elements, Solution, Technology, Region
Breakup by Elements Bike Commuting, Car Sharing, Ride Sharing
Breakup by Solution Traffic Management, Parking Management, Mobility Management, Others
Breakup by Technology 3G and 4G, Wi-Fi, Global Positioning System (GPS), Radio Frequency Identification (RFID), Embedded Systems, Others
Breakup by Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Market Dynamics SWOT, Porter's Five Forces, EMR’s Key Indicators for Price and Demand
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered Cisco Systems, Inc., Hitachi, Ltd, Ford Motor Company, Siemens Mobility, Robert Bosch GmbH, Excelfore Corporation., Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Industry Opportunities and Challenges
8    Global Smart Mobility Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Smart Mobility Historical Market (2016-2020) 
    8.3    Global Smart Mobility Market Forecast (2021-2026)
    8.4    Global Smart Mobility Market by Elements
        8.4.1    Bike Commuting
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2016-2020)
            8.4.1.3    Forecast Trend (2021-2026)
        8.4.2    Car Sharing
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2016-2020)
            8.4.2.3    Forecast Trend (2021-2026)
        8.4.3    Ride Sharing
            8.4.3.1    Market Share
            8.4.3.2    Historical Trend (2016-2020)
            8.4.3.3    Forecast Trend (2021-2026)
    8.5    Global Smart Mobility Market by Solution
        8.5.1    Traffic Management
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2016-2020)
            8.5.1.3    Forecast Trend (2021-2026)
        8.5.2    Parking Management
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2016-2020)
            8.5.2.3    Forecast Trend (2021-2026)
        8.5.3    Mobility Management
            8.5.3.1    Market Share
            8.5.3.2    Historical Trend (2016-2020)
            8.5.3.3    Forecast Trend (2021-2026)
        8.5.4    Others
    8.6    Global Smart Mobility Market by Technology
        8.6.1    3G and 4G
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2016-2020)
            8.6.1.3    Forecast Trend (2021-2026)
        8.6.2    Wi-Fi
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2016-2020)
            8.6.2.3    Forecast Trend (2021-2026)
        8.6.3    Global Positioning System (GPS)
            8.6.3.1    Market Share
            8.6.3.2    Historical Trend (2016-2020)
            8.6.3.3    Forecast Trend (2021-2026)
        8.6.4    Radio Frequency Identification (RFID)
            8.6.4.1    Market Share
            8.6.4.2    Historical Trend (2016-2020)
            8.6.4.3    Forecast Trend (2021-2026)
        8.6.5    Embedded Systems
            8.6.5.1    Market Share
            8.6.5.2    Historical Trend (2016-2020)
            8.6.5.3    Forecast Trend (2021-2026)
        8.6.6    Others
    8.7    Global Smart Mobility Market by Region
        8.7.1    Market Share
            8.7.1.1    North America
            8.7.1.2    Europe
            8.7.1.3    Asia Pacific
            8.7.1.4    Latin America
            8.7.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2016-2020)
        9.1.2    Forecast Trend (2021-2026)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2016-2020)
        9.2.2    Forecast Trend (2021-2026)
        9.2.3    Breakup by Country
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2016-2020)
        9.3.2    Forecast Trend (2021-2026)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2016-2020)
        9.4.2    Forecast Trend (2021-2026)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2016-2020)
        9.5.2    Forecast Trend (2021-2026)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyer’s Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    EMR’s Key Indicators for Demand
    10.4    EMR’s Key Indicators for Price
11    Value Chain Analysis
12    Competitive Landscape

    12.1    Market Structure
    12.2    Company Profiles
        12.2.1    Cisco Systems, Inc.
            12.2.1.1    Company Overview
            12.2.1.2    Product Portfolio
            12.2.1.3    Demographic Reach and Achievements
            12.2.1.4    Certifications
        12.2.2    Hitachi, Ltd
            12.2.2.1    Company Overview
            12.2.2.2    Product Portfolio
            12.2.2.3    Demographic Reach and Achievements
            12.2.2.4    Certifications
        12.2.3    Ford Motor Company
            12.2.3.1    Company Overview
            12.2.3.2    Product Portfolio
            12.2.3.3    Demographic Reach and Achievements
            12.2.3.4    Certifications
        12.2.4    Siemens Mobility
            12.2.4.1    Company Overview
            12.2.4.2    Product Portfolio
            12.2.4.3    Demographic Reach and Achievements
            12.2.4.4    Certifications
        12.2.5    Robert Bosch GmbH
            12.2.5.1    Company Overview
            12.2.5.2    Product Portfolio
            12.2.5.3    Demographic Reach and Achievements
            12.2.5.4    Certifications
        12.2.6    Excelfore Corporation.
            12.2.6.1    Company Overview
            12.2.6.2    Product Portfolio
            12.2.6.3    Demographic Reach and Achievements
            12.2.6.4    Certifications
        12.2.7    Others
13    Industry Events and Developments

 

List of Figures and Tables

1.    Global Smart Mobility Market: Key Industry Highlights, 2016 and 2026
2.    Global Smart Mobility Historical Market: Breakup by Elements (USD Billion), 2016-2020
3.    Global Smart Mobility Market Forecast: Breakup by Elements (USD Billion), 2021-2026
4.    Global Smart Mobility Historical Market: Breakup by Solution (USD Billion), 2016-2020
5.    Global Smart Mobility Market Forecast: Breakup by Solution (USD Billion), 2021-2026
6.    Global Smart Mobility Historical Market: Breakup by Technology (USD Billion), 2016-2020
7.    Global Smart Mobility Market Forecast: Breakup by Technology (USD Billion), 2021-2026
8.    Global Smart Mobility Historical Market: Breakup by Region (USD Billion), 2016-2020
9.    Global Smart Mobility Market Forecast: Breakup by Region (USD Billion), 2021-2026
10.    North America Smart Mobility Historical Market: Breakup by Country (USD Billion), 2016-2020
11.    North America Smart Mobility Market Forecast: Breakup by Country (USD Billion), 2021-2026
12.    Europe Smart Mobility Historical Market: Breakup by Country (USD Billion), 2016-2020
13.    Europe Smart Mobility Market Forecast: Breakup by Country (USD Billion), 2021-2026
14.    Asia Pacific Smart Mobility Historical Market: Breakup by Country (USD Billion), 2016-2020
15.    Asia Pacific Smart Mobility Market Forecast: Breakup by Country (USD Billion), 2021-2026
16.    Latin America Smart Mobility Historical Market: Breakup by Country (USD Billion), 2016-2020
17.    Latin America Smart Mobility Market Forecast: Breakup by Country (USD Billion), 2021-2026
18.    Middle East and Africa Smart Mobility Historical Market: Breakup by Country (USD Billion), 2016-2020
19.    Middle East and Africa Smart Mobility Market Forecast: Breakup by Country (USD Billion), 2021-2026
20.    Global Smart Mobility Market Structure

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