Market Highlights

 

The closure of transportation impacted the Smart mobility market badly as the demand decreased for these. Post COVID the demand started to increase but still it will take time to fully recover from the losses that occurred during the pandemic. The global Smart mobility market is projected to record a CAGR of 20.5% during the forecast period. Smart mobility refers to the new approach to transport regarding the use of vehicles and the technologies linked to it to improve the quality of urban mobility. Smart mobility is a forward-looking approach, which focuses on the needs of all users – citizens, residents, workers, and visitors. The goal is to create a mobility system, which meets the needs of citizens and improves their quality of life effectively and efficiently.

 

Due to the pandemic, there was various restriction and norms that was implemented by the government to tackle the pandemic. There was a decrease in the activities such as transportation and travel activities were banned. This has decreased the revenue of transport companies and is facing difficulties to manage their activities.

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Segmental Analysis

 

Global Smart mobility market, by Element

  • Bike Commuting
  • Car Sharing
  • Ride Sharing

Global Smart mobility market, by Solution Type

  • Traffic Management
  • Parking Management
  • Mobility Management
  • Others

 Global Smart mobility market, by Technology

  • 3G & 4G
  • Wi-Fi
  • Global Positioning System (GPS)
  • Radiofrequency Identification (RFID)
  • Embedded System
  • Others

 

Report Attribute

Details

Forecast Period

2022 - 2030

Market Growth value

XX % CAGR

Revenue forecast in 2022-2030

USD XX billion

Base year for estimation

2021

Historical data

2019 – 2020

Unit

USD Billion, CAGR (2021 – 2030)

 

FAQ’s:

  1. What is “Smart mobility” Market?
  2. Who are the Top Market manufacturers?
  3. Which are the most Business Regions across the globe?
  4. How big is the “Smart mobility” Market in upcoming Years?
  5. What are the Latest developments/marketupdates in the “Smart mobility” Market?

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