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Global Smart Mobility Market to reach USD 70 billion by 2027

Global Smart Mobility Market Size study, by Element (Bike Commuting, Car Sharing, Ride Sharing), by Solution (Traffic Management, Parking Management, Mobility Management, Others), by Technology (3G & 4G, Wi-Fi, GPS, RFID, Embedded system, Others) and Regional Forecasts 2020-2027

Product Code: ALATAE_17551278
Publish Date: 18-02-2020
Page: 200

Global Smart Mobility Market is valued approximately at USD 34 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 9.5% over the forecast period 2020-2027. Smart mobility is a groundbreaking concept for developing accessible transportation resources in a secure and efficient way to ensure zero-emission, no or least accidents, along with no ownership of vehicles. It uses different modes of transportation instead of using one’s vehicle to significantly reduce the number of vehicles moving on the roads. It is concerned with the promotion of sustainable mobility that assures accessibility, parking management, and the resolution of environmental complications. Smart mobility also obtains a pattern change and inclined toward a multimodal transport system with great flexibility and accessibility, centered on intelligent management, which may act as a major driving factor for the growth of the market all over the world. Additionally, the surging trend of on-demand transportation services, coupled with the rise in government initiatives for smart cities projects are the few factors responsible for the CAGR of the market during the forecast period. According to the government insider, globally, there are around 1000 smart city pilot projects are operating, of which China is home to 500 pilot projects of smart city, covering small as well as large cities. Further, the country has invested USD 46.52 billion in 2017 for the development of pilot projects. This, in turn, is expected to strengthen the market growth all over the world. However, the lack of standardized and uniform technology and the threat of data hacking are the major factors restraining the market growth over the forecast period of 2020-2027.

The regional analysis of the global Smart Mobility market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World. Europe is the leading/significant region across the world in terms of market share owing to the government support and funding toward the building of intelligent transportation systems, and the presence of a significant number of manufacturers of smart mobility solutions in the region. Whereas Asia-Pacific is anticipated to exhibit the highest growth rate / CAGR over the forecast period 2020-2027. Factors such as the growing trend for using advanced technology in transportation and increasing disposable income of the individuals would create lucrative growth prospects for the Smart Mobility market across the Asia-Pacific region.

Major market player included in this report are:
Excelfore Corporation
Ford Motor Company
Innoviz Technologies. Inc.
MAAS Global Oy
QuaLiX Information System
Robert Bosch GmbH
TomTom International
Toyota Motor Corporation

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Element:
Bike Commuting
Car Sharing
Ride Sharing

By Solution:
Traffic Management
Parking Management
Mobility Management

By Technology:
3G & 4G
Embedded system

By Region:
North America

Asia Pacific
South Korea
Latin America
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027

Target Audience of the Global Smart Mobility Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Billion)
1.2.1. Smart Mobility Market, by Region, 2018-2027 (USD Billion)
1.2.2. Smart Mobility Market, by Element, 2018-2027 (USD Billion)
1.2.3. Smart Mobility Market, by Solution, 2018-2027 (USD Billion)
1.2.4. Smart Mobility Market, by Technology, 2018-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Smart Mobility Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Smart Mobility Market Dynamics
3.1. Smart Mobility Market Impact Analysis (2018-2027)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Global Smart Mobility Market: Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2017-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Smart Mobility Market, by Element
5.1. Market Snapshot
5.2. Global Smart Mobility Market by Element, Performance – Potential Analysis
5.3. Global Smart Mobility Market Estimates & Forecasts by Element 2017-2027 (USD Billion)
5.4. Smart Mobility Market, Sub Segment Analysis
5.4.1. Bike Commuting
5.4.2. Car Sharing
5.4.3. Ride Sharing
Chapter 6. Global Smart Mobility Market, by Solution
6.1. Market Snapshot
6.2. Global Smart Mobility Market by Solution, Performance – Potential Analysis
6.3. Global Smart Mobility Market Estimates & Forecasts by Solution 2017-2027 (USD Billion)
6.4. Smart Mobility Market, Sub Segment Analysis
6.4.1. Traffic Management
6.4.2. Parking Management
6.4.3. Mobility Management
6.4.4. Others
Chapter 7. Global Smart Mobility Market, by Technology
7.1. Market Snapshot
7.2. Global Smart Mobility Market by Technology – Potential Analysis
7.3. Global Smart Mobility Market Estimates & Forecasts by Technology 2017-2027 (USD Billion)
7.4. Smart Mobility Market, Sub Segment Analysis
7.4.1. 3G & 4G
7.4.2. Wi-Fi
7.4.3. GPS
7.4.4. RFID
7.4.5. Embedded system
7.4.6. Others
Chapter 8. Global Smart Mobility Market, Regional Analysis
8.1. Smart Mobility Market, Regional Market Snapshot
8.2. North America Smart Mobility Market
8.2.1. U.S. Smart Mobility Market Element breakdown estimates & forecasts, 2017-2027 Solution breakdown estimates & forecasts, 2017-2027 Technology breakdown estimates & forecasts, 2017-2027
8.2.2. Canada Smart Mobility Market
8.3. Europe Smart Mobility Market Snapshot
8.3.1. U.K. Smart Mobility Market
8.3.2. Germany Smart Mobility Market
8.3.3. France Smart Mobility Market
8.3.4. Spain Smart Mobility Market
8.3.5. Italy Smart Mobility Market
8.3.6. Rest of Europe Smart Mobility Market
8.4. Asia-Pacific Smart Mobility Market Snapshot
8.4.1. China Smart Mobility Market
8.4.2. India Smart Mobility Market
8.4.3. Japan Smart Mobility Market
8.4.4. Australia Smart Mobility Market
8.4.5. South Korea Smart Mobility Market
8.4.6. Rest of Asia Pacific Smart Mobility Market
8.5. Latin America Smart Mobility Market Snapshot
8.5.1. Brazil Smart Mobility Market
8.5.2. Mexico Smart Mobility Market
8.6. Rest of The World Smart Mobility Market
Chapter 9. Competitive Intelligence
9.1. Top Market Strategies
9.2. Company Profiles
9.2.1. Cisco Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
9.2.2. Excelfore Corporation
9.2.3. Ford Motor Company
9.2.4. Innoviz Technologies. Inc.
9.2.5. MAAS Global Oy
9.2.6. QuaLiX Information System
9.2.7. Robert Bosch GmbH
9.2.8. Siemens
9.2.9. TomTom International
9.2.10. Toyota Motor Corporation
Chapter 10. Research Process
10.1. Research Process
10.1.1. Data Mining
10.1.2. Analysis
10.1.3. Market Estimation
10.1.4. Validation
10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

The study of the market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geographies to provide a better regional outlook. In the report, country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. Our analysts contact company executives, managers, key opinion leaders, and industry experts. This enables our analyst to derive the closest possible figures without any major deviations in the actual number.

Primary Research Sources:

  • Interview conducted with raw material suppliers & manufacturers.
  • Interview conducted with manufacturers, suppliers & distributors, researchers, & representatives of regulatory bodies.
  • Interview conducted with market players, industry experts, & independent consultants.
  • Secondary Research Sources:
  • Purchased Database: D&B Hoovers, Bloomberg, Inc., Business Information Industry Association, NAICS Association.
  • Internal Database: White papers, Certified Publications, Articles by Recognized Authors and Regulatory Bodies.
  • Government Databases: Food and Agriculture Organization (FAO), European Industrial Hemp Association (EIHA), World Health Organization (WHO), Food and Drug Administration (FDA), International Telecommunication Union (ITU), United States Department of Agriculture (USDA), International organization of Motor Vehicle Manufacturers (OICA).

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