Press release
Global Smart Mobility Market To Be Driven By Heightened Urbanisation And The Rising Environmental Awareness In The Forecast Period Of 2022-2027
The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter's Five Forces models.
Get a Free Sample Report with Table of Contents - https://www.expertmarketresearch.com/reports/smart-mobility-market/requestsample
The key highlights of the report include:
Market Overview (2017-2027)
• Forecast CAGR (2022-2027): 21%
As the world's population grows, so does the pace of urbanisation, resulting in greater demand for transportation services. As a result, smart mobility solutions are being used more frequently. Furthermore, the rising need for transportation, combined with rising consumer eco-consciousness, is encouraging people to carpool and use cab services and ride-sharing services, which is projected to drive market expansion.
Furthermore, the government's increasing investment in the construction of smart cities is likely to fuel market growth. Electric cars are also being introduced into the market as a result of the following technology improvements, which are predicted to lessen the use of fossil fuel-based energy supplies.
Furthermore, leading manufacturers' increased investments in smart mobility solution research and development, as well as the integration of cutting-edge technologies such as artificial intelligence (AI), Mobility-as-a-Service (MaaS), and others, are expected to significantly contribute to market growth over the forecast period.
Industry Definition and Major Segments
Smart mobility is a new term for an intelligent transportation and mobility network that links modes of transportation through wireless communication technologies and uses real-time data analytics and machine learning technology to improve the travel experience. Smart mobility technology makes commuting more inexpensive by providing a variety of transportation options, such as quick mass transit, vehicle sharing, and on-demand mobility solutions. This technology network enables mobility both economically and environmentally viable, as well as socially equal.
Read Full Report with Table of Contents - https://www.expertmarketresearch.com/reports/smart-mobility-market
Based on elements, the market is segmented into:
• Bike Commuting
• Car Sharing
• Ride Sharing
Based on solution, the market can be divided into:
• Traffic Management
• Parking Management
• Mobility Management
• Others
On the basis of technology, the industry can be divided into:
• 3G and 4G
• Wi-Fi
• Global Positioning System (GPS)
• Radio Frequency Identification (RFID)
• Embedded Systems
• Others
On the Basis of region, the market can be divided into:
• North America
• Europe
• The Asia Pacific
• Latin America
• The Middle East and Africa
Market Trends
The global positioning system (GPS) category is expected to hold a considerable market share in the smart mobility industry, based on technology. This increase can be ascribed to the increased use of GPS technology in carpooling and cab services, which allows for quick tracking of people using satellite signals to calculate their whereabouts. Furthermore, GPS technology aids in the reduction of fuel expenses while also enhancing safety and productivity.
It also allows for smart route planning with automated real-time warnings, which adds to its total market success. In the forecast term, these factors are expected to contribute to the segment's growth. In the forecast period, Asia Pacific is expected to have a significant proportion of the smart mobility market. This rise can be linked to the region's rapid population expansion, as well as expanding urbanisation tendencies, which are driving up consumer demand for smart mobility solutions.
Furthermore, in countries like India, where 70 percent of the population is forecast to live in cities by 2050, mobility requirements are expected to create difficulties such as air pollution and traffic congestion, driving up demand for smart mobility solutions in the region. These elements are expected to have a favourable impact on the growth of the smart mobility industry in the Asia Pacific.
Key Market Players
The major players in the market are Cisco Systems, Inc., Hitachi Ltd., Ford Motor Company, Siemens Mobility, Robert Bosch GmbH, Excelfore Corporation, and Others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
Related Reports:
Drone Surveillance Market- https://www.expertmarketresearch.com/reports/drone-surveillance-market
Electric Coolant Pump Market- https://www.expertmarketresearch.com/reports/electric-coolant-pump-market
Lithium-Ion Battery Manufacturers: https://www.expertmarketresearch.com/articles/top-lithium-ion-battery-companies
Hypervolt plus Cordless Vibration Massager Market: https://www.expertmarketresearch.com/reports/hypervolt-plus-cordless-vibration-massager-market
Autism Spectrum Disorder Therapeutics Market- https://www.expertmarketresearch.com/reports/autism-spectrum-disorder-therapeutics-market
Automated Sample Storage Systems Market- https://www.expertmarketresearch.com/reports/automated-sample-storage-systems-market
Automated Suturing Devices Market- https://www.expertmarketresearch.com/reports/automated-suturing-devices-market
Boiler Control Market- https://www.expertmarketresearch.com/reports/boiler-control-market
Cristobalite Market- https://www.expertmarketresearch.com/reports/cristobalite-market
Cyclic Olefin Copolymers Market- https://www.expertmarketresearch.com/reports/cyclic-olefin-copolymers-market
Media Contact
Company Name: Claight Corporation
Contact Person: Ana John, Business Consultant
Email: sales@expertmarketresearch.com
Toll Free Number: US +1-415-325-5166 | UK +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA
Website: https://www.expertmarketresearch.com
About Us:
Expert Market Research (EMR) is leading market research company with clients across the globe. Through comprehensive data collection and skilful analysis and interpretation of data, the company offers its clients extensive, latest and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.
EMR customises syndicated reports according to clients' requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.
Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate and actionable industry intelligence so that they may formulate informed, effective and intelligent business strategies and ensure their leadership in the market.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Smart Mobility Market To Be Driven By Heightened Urbanisation And The Rising Environmental Awareness In The Forecast Period Of 2022-2027 here
News-ID: 2741797 • Views: …
More Releases from Expert Market Research
Bed and Bath Linen Market Trends, Growth & Forecast 2025-2034
The global bed and bath linen market is witnessing strong growth due to increasing consumer focus on home décor, comfort, and luxury. Rising disposable incomes, urbanization, and the booming hospitality sector are further boosting demand for premium-quality bed sheets, pillowcases, towels, and bathrobes. Technological innovations in fabrics, such as antimicrobial, wrinkle-resistant, and sustainable textiles, are shaping consumer preferences. In addition, the expansion of online distribution channels has made luxury and…
Global Fruit Juice Market Size, Report and Forecast 2025-2034
The latest report from Expert Market Research titled, "Global Fruit Juice Market Size, Report and Forecast 2025-2034," offers a comprehensive analysis of the global fruit juice market, examining it across various segments such as types, flavours, distribution channels, and key regions.
The report identifies and tracks the latest trends shaping the industry and evaluates their impact on the overall market dynamics. It also provides a thorough assessment of the market, covering…
Global Fluorspar Market Forecast 2025-2034: Growth, Trends, and Key Insights
According to the latest report by Expert Market Research (EMR), the global Fluorspar Market Size is projected to grow at a CAGR of 5.60% between 2025 and 2034. The market is expected to experience significant growth by 2034, driven by the increasing demand for fluorspar across industries such as manufacturing, chemicals, and metallurgy.
Fluorspar, also known as fluorite, is a key industrial mineral composed of calcium fluoride (CaF2). It is crucial…
Why will smart pulse oximeters market hit $3.50Bn by 2034?
smart pulse oximeters market Overview
The smart pulse oximeters market has become a pivotal part of modern healthcare infrastructure, especially in the wake of increasing cardiovascular and respiratory ailments. These technologically enhanced devices measure blood oxygen saturation and pulse rate, often offering wireless connectivity to mobile apps for better health tracking. Their growing application in hospitals, ambulatory settings, and home healthcare environments reflects the market's evolving dynamics. Key drivers include the…
More Releases for Mobility
Indianapolis Mobility Retailer Rebrands from Mobility Plus Indianapolis West to …
Mobility Indy Emerges as a Locally Owned, Independent Provider of Stair Lifts, Scooters, and Lift Chairs for Central Indiana
Indianapolis, IN - May 2, 2025 - A well-known provider of mobility equipment in Indiana is taking an exciting step forward. Mobility Plus Indianapolis West, a top-rated showroom serving the Indianapolis area, is rebranding as Mobility Indy [https://www.mobilityindy.com/] effective immediately. Though the name is changing, customers can continue to expect the same…
Marc's Mobility Expands Fast Mobility Scooter Collection
Marc's Mobility (provider of new and used mobility devices) highlights the expansion of its fast mobility scooter collection: https://marcsmobility.com/new-scooters/fast-mobility-scooters.html. This move aims to meet the growing demand for speed and convenience in personal transportation for people with limited mobility.
Enhanced Mobility Solutions
The expanded collection features a range of fast mobility scooters designed to offer users quick and efficient transportation. These scooters are equipped with powerful motors capable of reaching speeds up…
Mobility Scooters Market Is Booming Worldwide | TGA Mobility, KYMCO, Amigo Mobil …
The Latest published a market study on Worldwide Mobility Scooters Market provides an overview of the current market dynamics in the Worldwide Mobility Scooters space, as well as what our survey respondents all outsourcing decision-makers predict the market will look like in 2028. The study breaks the market by revenue and volume (wherever applicable) and price history to estimate the size and trend analysis and identify gaps and opportunities. Some…
Vehicles for Disabled Market to 2027 - Leading Key Players Advanced Mobility, Br …
The demand for vehicles for disabled has witnessed a symbolic increase in recent years. The development in mobility solutions and the need for equality in terms of accessibility has attracted the attention of auto manufacturers. Also, the scenario in developing countries is changing, and increased investments in the healthcare infrastructure are visible. The rising per capita income is also enabling disabled people to switch to these solutions.
The vehicles for disabled…
Clinical Mobility Aids Market Astonishing Growth| Magic Mobility, Karma Mobility …
A latest study released by HTF MI on Global Clinical Mobility Aids Market covering key business segments and wide scope geographies to get deep dive analysed market data. The study is a perfect balance bridging both qualitative and quantitative information of Clinical Mobility Aids market. The study provides historical data (i.e. Volume** & Value) from 2013 to 2018 and forecasted till 2025*. Some are the key & emerging players that…
Personal Mobility Devices Market 2025 - Carex Health Brands, Mobility+Designed, …
The Personal Mobility Devices Market report analyzes factors affecting Personal Mobility Devices Market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the…
