Press release
Mobility on Demand Market by type (Station-Based, E-Hailing, Car Rental, and Car Sharing), by service type (Information, Navigation, and Payment), by vehicle type (commercial and personal), and by connectivity type, (3G, 4G, 5G, WiFi, V2V, V2I, V2P, and V
Mobility on Demand is an integrated, multimodal, and connected network system for transportation. This technology provides various on-demand services to facilitate locomotion. Various types of cars that are available via mobility on demand include economy cars, executive cars, luxury cars, SUVs, and MUVs.The mobility on demand services find application in event transportation, employee transportation, local, outstation & airport transportation, and similar areas. Manufacturers and consumers rely on various car rental schemes, which are cost-effective, such as leasing cars from their owners for a period of three years and then putting these cars on rental through app-based bookings.
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Rise in urbanization, technological advancements in cell phones, and widespread data connectivity majorly drives the global mobility on demand market. Also, the growth in awareness regarding the rise in air pollution and the trend of switching from conventional to sharing mobility transport catalyzes the demand. However, negative impact of volatile prices of gasoline and petroleum products, and reliability and security issues faced by customers are the factors, which restrain the market growth. The growth in trend of internet usage to customize travel trips, reservations, and bookings is expected to unfold various growth opportunities for the market.
The mobility on demand market is segmented on the basis of type, service type, vehicle type, connectivity type, and geography. Based on type, the market is classified into station-based, e-hailing, car rental, and car sharing. By service type, it is categorized into information, navigation, and payment. By vehicle type, it is bifurcated into commercial and personal. By connectivity type, the market is divided into 3G, 4G, 5G, WiFi, V2V, V2I, V2P, and V2N. Geographically, the market has been studied across North America, Europe, Asia-Pacific, and LAMEA.
Key players in the mobility on demand market are Intel Corporation, International Business Machines Corp. (IBM), Toyota Motor Corporation, BMW Group, General Motors Company, Delphi Automotive PLC, Robert Bosch GmbH, Ford Motor Company, Uber Technologies, Inc., and Tomtom NV.
Key Benefits
• The study provides an in-depth analysis of the global mobility on demand market.
• The report outlines current and future trends to assess overall market attractiveness.
• Porters Five Forces model illustrates the potency of the buyers & suppliers participating in the market.
• Quantitative analysis of the current market and estimations through 2017-2023 are also provided to showcase the financial caliber of the market
• The report provides information regarding key drivers, restraints, and opportunities.
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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