Mobility on Demand Market 2023 Size, Share, Growth For Key Players: Tomtom NV, Robert Bosch Gmbh, International Business Machines Corp., Didi Chuxing, Gett Inc., Lyft

Mobility on Demand Market, By Service (E-hailing), By Vehicle Type (Micro Mobility Vehicles), By Data Service (Information, Payment, Others), By Vehicle Connectivity (Vehicle to Infrastructure, Vehicle to Vehicle) - Global Forecast 2023
In mobility on demand market, digitization and mobility is one of significant factor driving the market. The encouraging factors of mobility on demand market includes increased urbanization and changing demographics, declining car ownership and peer to peer transactions. Digital technology supports both upstream and downstream activities of mobility on demand. The cutting- edge technologies such as internet of things, connected vehicles, smartphone technologies and new payment apps is boosting the mobility on demand market. The growing preference for alternative transportation is one of the key factor driving market growth. The study also indicates, cost effective automobiles and young generation demand convenience are the key factors boosting market growth. By data service segment, navigation accounts for highest market share.
According to Market Research Future Analysis, mobility on demand market has been valued at approximately USD 186 Billion by the end of forecast period with approx. 18% of CAGR during forecast period 2018 to 2023.

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Key Players
Market Research Future (MRFR) recognizes the following companies as the key players in the Mobility on Demand Market are- Uber Technologies Inc. (U.S.), Delphi Automotive Plc (U.K.), Denso Corporation (Japan), Intel Corporation (U.S.), Tomtom NV (Netherlands), Robert Bosch Gmbh (Germany), International Business Machines Corp. (U.S.), Didi Chuxing (China), Gett, Inc. (U.S.), Lyft (U.S.), among others.

Study Objectives of Mobility on Demand Market:
• To provide detailed analysis of the market structure along with forecast of the various segments and sub-segments of the mobility on demand market.
• To provide insights about factors affecting the market growth.
• To analyze the mobility on demand market based porter’s five force analysis etc.
• To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, Asia, and Rest of the World (ROW).
• To provide country level analysis of the market with respect to the current market size and future prospective.
• To provide country level analysis of the market for segment on the basis of service, vehicle type, data service, internet connectivity and vehicle connectivity.
• To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market.
• To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the mobility on demand market.

Segments
The segmentation on the basis of service includes e-hailing, car sharing, car rental and station based mobility. Station based mobility tool can be used for intermodal connection, such that all modes of transportation can be reached at one location. It enable users by providing information regarding maps, vehicles available in nearby location and booking taxi through RFID cards and display. It provides users with single card for multipurpose operations that includes booking all modes of transportation and combined invoice system by public transportation company.

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Regional Analysis:
The regional analysis of mobility on demand market is being studied for region such as Asia Pacific, North America, Europe and Rest of the World. North America region is expected to be fastest growing in mobility on demand market due to increased adoption of bring your own device (BYOD) technology, growing urban population and increased adoption of e-hailing service by citizens. Asia-Pacific region accounts for highest market share in mobility on demand market owing to increasing IT infrastructure and growing population in urban areas.

Intended Audience
• Investors and consultants
• System Integrators
• Research/Consultancy firms
• Technology solution providers
• IT Solution Providers
• Original Equipment Manufacturers

Commenting on the report, an analyst from Market Research Future (MRFR)’s team said:
By vehicle connectivity segment, it includes vehicle to vehicle, vehicle to infrastructure, vehicle to pedestrian and vehicle to network connectivity. Vehicle to vehicle communication prevents accident by sending information regarding position and speed data over one another through a mesh network. Vehicle to infrastructure connectivity provides users with real time data about road condition, traffic congestion, construction zones and parking availability.
By region, MRFR analysis shows that Asia –Pacific region accounts for largest market share inmobility on demand market due to growing population and wide range of customer base. North America region is expected to be one of the fastest growing market owing to increased IT infrastructure and citizens in the region are spending huge amount in automobiles. Countries such as US and Canada are boosting mobility on demand market in the region. Technological advancement and smart city project is creating positive impact on mobility on demand market.

LIST OF TABLES
TABLE 1 MOBILITY ON DEMAND MARKET, BY SERVICE,
TABLE 2 MOBILITY ON DEMAND MARKET, BY VEHICLE TYPE
TABLE 3 MOBILITY ON DEMAND MARKET, BY DATA SERVICE
TABLE 4 MOBILITY ON DEMAND MARKET, BY INTERNET CONNECTIVITY
TABLE 5 MOBILITY ON DEMAND MARKET, BY VEHICLE CONNECTIVITY
Continued……

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LIST OF FIGURES
FIGURE 1 RESEARCH TYPE
FIGURE 2 MOBILITY ON DEMAND MARKET: BY SERVICE (%)
FIGURE 3 MOBILITY ON DEMAND MARKET: BY VEHICLE TYPE (%)
FIGURE 4 MOBILITY ON DEMAND MARKET: BY DATA SERVICE (%)
FIGURE 5 MOBILITY ON DEMAND MARKET: BY INTERNET CONNECTIVITY (%)
Continued……

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