Press release
With CAGR of 17.60%, Smart Mobility Market Size to Grow From US$ 41.3 Billion in 2021 to US$ 115.4 Billion by 2027
Smart Mobility Market
The latest research study "Smart Mobility Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" by IMARC Group, finds that the global smart mobility market size reached a value of US$ 41.3 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 115.4 Billion by 2027, exhibiting at a CAGR of 17.60% during 2022-2027.
Request a Free PDF Sample for more detailed market insights: https://www.imarcgroup.com/smart-mobility-market/requestsample
What is Smart Mobility?
Smart mobility involves using advanced technologies to provide efficient, resilient, and sustainable modes of transportation to individuals. It is an intelligent network comprising on-demand ride services, the adoption of electric vehicles (EVs), and shared transportation services that help streamline urban economies while improving road safety infrastructure. It helps provide innovative, environmentally friendly transportation options to the masses while promoting economic growth. Since it assists in improving the traffic management system, managing parking areas efficiently, and reducing greenhouse gas (GHG) emissions, smart mobility is gaining immense traction across the globe.
Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Smart Mobility Market Trends and Drivers:
The global smart mobility market is primarily driven by rising environmental concerns and the surging adoption of shared services and EVs among the masses. Moreover, the continual technological advancements in the transportation sector and the rising integration of smart mobility solutions with cloud-based solutions, artificial intelligence (AI), and the Internet of Things (IoT) are positively influencing the market growth.
Additionally, the availability of high-speed internet connectivity and rapid digitization are other major growth-inducing factors. Besides this, several favorable initiatives toward the development of smart cities and the introduction of subsidy programs to encourage the adoption of smart mobility services by governments of numerous countries have catalyzed market growth.
Other factors, including ongoing research and development (R&D) activities, the emerging automotive industry, rapid urbanization, and rising traffic congestion, are also anticipated to drive the market further.
Ask Analyst for Customization and Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/smart-mobility-market
Global Smart Mobility Market 2022-2027 Analysis and Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Smart Mobility Companies:
Cisco Systems Inc., Excelfore Corporation, Ford Motor Company, Innoviz Technologies Ltd, QuaLiX Information System LLP, Robert Bosch GmbH, Siemens AG, Thales Group, TomTom N.V. and Toyota Motor Corporation.
The report has segmented the market on the basis of region, technology, solution and element.
Breakup by Technology:
· 3G and 4G
· Wi-Fi
· Global Positioning System (GPS)
· Radio Frequency Identification (RFID)
· Embedded System
· Others
Breakup by Solution:
· Traffic Management
· Parking Management
· Mobility Management
· Others
Breakup by Element:
· Bike Commuting
· Car Sharing
· Ride Sharing
Breakup by Region:
· North America
o United States
o Canada
· Asia-Pacific
o China
o Japan
o India
o South Korea
o Australia
o Indonesia
o Others
· Europe
o Germany
o France
o United Kingdom
o Italy
o Spain
o Russia
o Others
· Latin America
o Brazil
o Mexico
o Others
· Middle East and Africa
If you want latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.
Key highlights of the report:
Market Performance (2016-2021)
Market Outlook (2022- 2027)
Porter's Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
Browse Other Research Report of IMARC Group:
Reverse Logistics Market Size, Share, Growth, Trends, Demand and Forecast Till 2027 : https://www.einpresswire.com/article/561768521/reverse-logistics-market-size-share-growth-trends-demand-and-forecast-till-2027
Metal Replacement Market Size, Share, Global Industry Overview, Sales Revenue, Demand and Forecast by 2027 : https://www.einpresswire.com/article/561769408/metal-replacement-market-size-share-global-industry-overview-sales-revenue-demand-and-forecast-by-2027
Stealth Coating Market Analysis By Industry Size, Share, Revenue Growth, Development And Demand Forecast To 2027 : https://www.einpresswire.com/article/561929344/stealth-coating-market-analysis-by-industry-size-share-revenue-growth-development-and-demand-forecast-to-2027
Hydrogel Market Size, Share, Growth, Trends, Key Vendors, Regions Demand and Forecast to 2027 : https://www.einpresswire.com/article/561934425/hydrogel-market-size-share-growth-trends-key-vendors-regions-demand-and-forecast-to-2027
Smart Materials Market Research Report, Market Share, Size, Trends, Forecast and Analysis of Key players 2027 : https://www.einpresswire.com/article/561935596/smart-materials-market-research-report-market-share-size-trends-forecast-and-analysis-of-key-players-2027
IMARC Services Private Limited.
30 N Gould St Ste R
Sheridan, WY 82801 USA - Wyoming
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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 With CAGR of 17.60%, Smart Mobility Market Size to Grow From US$ 41.3 Billion in 2021 to US$ 115.4 Billion by 2027 here
News-ID: 2846579 • Views: …
More Releases from IMARC Group
Indonesia Lubricants Market Size, Share, Trends, Growth Insights, Forecast Repor …
As indicated in the latest market research report published by IMARC Group, titled "Indonesia Lubricants Market Report by Product Type (Engine Oils, Greases, Hydraulic Fluids, Metalworking Fluids, Transmission and Gear Oils, and Others), End User (Automotive, Heavy Equipment, Metallurgy and Metalworking, Power Generation, and Others), and Region 2025-2033," this report provides an in-depth analysis of the industry, featuring insights into the market. It encompasses competitor and regional analyses, as well…
Bamboo Fiber Manufacturing Plant Cost 2025: Layout, Machinery, Raw Materials, an …
Bamboo fiber is a natural, eco-friendly textile material extracted from bamboo pulp through mechanical or chemical processing. Known for its softness, breathability, and antibacterial properties, it serves as a sustainable alternative to cotton and synthetic fibers. Bamboo fiber is widely used in textiles, home furnishings, hygiene products, and industrial applications. Its natural moisture absorption and biodegradability make it highly desirable for environmentally conscious consumers and industries seeking renewable raw materials…
Indonesia Lubricants Market Size, Share, Trends, Growth Insights, Forecast Repor …
As indicated in the latest market research report published by IMARC Group, titled "Indonesia Lubricants Market Report by Product Type (Engine Oils, Greases, Hydraulic Fluids, Metalworking Fluids, Transmission and Gear Oils, and Others), End User (Automotive, Heavy Equipment, Metallurgy and Metalworking, Power Generation, and Others), and Region 2025-2033," this report provides an in-depth analysis of the industry, featuring insights into the market. It encompasses competitor and regional analyses, as well…
Indonesia Coal Market Size, Share, Growth Insights, Trends Analysis & Report 202 …
As indicated in the latest market research report published by IMARC Group, titled "Indonesia Coal Market Report by Application (Electricity, Iron and Steel Industry, Others), Region (Java, Sumatra, Kalimantan, Sulawesi, Others) 2025-2033," this report provides an in-depth analysis of the industry, featuring insights into the market. It encompasses competitor and regional analyses, as well as recent advancements in the market.
Market Size & Future Growth Potential:
The Indonesia coal market size reached…
More Releases for Smart
Smart Cities Market is Expected to Witness CAGR of 17.3% by 2027 with Applicatio …
A smart city is an urban unit or area that uses various types of electronic Internet of Things (IoT) devices to collect data and then use the insights to manage resources, assets, and services effectively. Green building is a growing trend in the global smart cities market. Constructing eco-friendly infrastructure facilities can provide a sustainable environment in the cities. Moreover, governments are focused on constructing energy-efficient buildings, in order…
Internet of Things (IoT) Devices Market By Type (Computing Devices, Smart Media, …
On a global scale, the Internet of Things (IoT) Devices market is currently showing significant development. The innovative methods and market study have helped many of the major players Samsung Electronics, Apple, Lenovo, ASUS, Acer, Huawei, Coolpad, LG Electronics, Google, Panasonic, Microsoft, Brother Industries, Honeywell, Fitbit, Lenovo to carve a name for themselves in the competitive global market. The Internet of Things (IoT) Devices market is experiencing a massive growth…
Global Smart Cities Market by Component (Hardware, Software) by Application (Sma …
Global Smart Cities Market: Overview
The global smart cities market is expected to reach a mark of over USD 3000 billion by 2024, at a CAGR over 21% during the forecast period. Significant growth in next-generation technologies such as artificial intelligence AI, personalized healthcare, sustainable energy generation and robotics are driving the smart cities’ future. Moreover, the increase in residential preference towards the adoption of advanced information and communication technologies ICT…
Global Smart Infrastructure - A Smart Approach To Smart Cities In 2016
Slowly but surely we are beginning to see a transformation take place in many parts of the world, as governments and councils realise they need to take a holistic approach to future city-wide development. In Australia, for example, we see that Adelaide, Canberra, Newcastle, Lake Macquarie, Sydney, Ipswich and Sunshine Coast have all been identified as being among the leading smart cities. The Netherlands also has great examples of emerging…
Global Smart Infrastructure - A Smart Approach To Smart Cities In 2016
The global smart city transformation is underway
Slowly but surely we are beginning to see a transformation take place in many parts of the world, as governments and councils realise they need to take a holistic approach to future city-wide development. In Australia, for example, we see that Adelaide, Canberra, Newcastle, Lake Macquarie, Sydney, Ipswich and Sunshine Coast have all been identified as being among the leading smart cities. The Netherlands…
Smart Kitchen Appliances Market ( Smart Refrigerators, Smart Dishwashers, Smart …
The rising demand for smart kitchen appliances is linked to their premium design that offers better effectiveness and more comfort than their traditional counterparts. With energy efficiency at its core, the global market for smart kitchen appliances is expected to surge at a robust pace in the near future.In a report titled “Smart Kitchen Appliances Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2022,” Transparency…
