Smart Mobility Market to Rise at CAGR and Hit $70.46 billion till 2027

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Smart Mobility Market
COVID-19 pandemic has increased the demand for
safer and securer means of transportation due to
which the need for car sharing or car pooling has
been affected thus leading to a sluggish growth
of the global smart mobility market.
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Smart Mobility Market
The global smart mobility market was valued at
34.04 billion in 2019, and is projected to reach
70.46 billion by 2027, registering a CAGR of
20.2.   Smart mobility is the use of different
modes of transportation rather than using ones
own vehicles to reduce number of vehicles running
on roads. Smart mobility comprises different
concepts such as ride sharing, car sharing, and
bike commuting across cities to improve traffic
conditions. The need for smart mobility increased
across the globe owing to several factors such as
increase in pollution, rise in fatalities, and
wastage of time, if stuck in traffic jams. Smart
mobility is a revolutionary idea for utilizing
the available transportation resources in a safer
and efficient way to ensure zero emission, least
or no accidents and with no ownership of vehicles.
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Smart Mobility Market

• Key Benelaunch Platforms For Stakeholders
• This study presents analytical depiction of the
  global smart mobility market analysis along with
  the current trends and future estimations to
  depict imminent investment pockets.
• The overall smart mobility market opportunity is
  determined by understanding profitable trends to
  gain a stronger foothold.
• The report presents information related to the
  key drivers, restraints, and opportunities of the
  global smart mobility market with a detailed
  impact analysis.
• The current smart mobility market is
  quantitatively analyzed from 2019 to 2027 to
  benchmark the financial competency.
• Porters five forces analysis illustrates the
  potency of the buyers and suppliers in the
  industry.

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Smart Mobility Market

• Major Companies
• Cisco Systems, Inc.
• Excelfore
• FORD MOTOR COMPANY
• Innoviz Technologies Ltd.
• MaaS Global Oy
• QUALIX INFORMATION SYSTEM
• Robert Bosch GmbH
• Siemens
• TOMTOM INTERNATIONAL N.V
• TOYOTA MOTOR CORPORATION

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Smart Mobility Market
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