Smart Mobility Market Analysis, Size, Report, Trends, Growth, Share, Demand, Forecast 2022-27

IMARC Group has recently released a new research study titled, "Smart Mobility Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027," offers a comprehensive analysis of the industry, which comprises insights on the smart mobility market. The report also includes competitor and regional analysis, and contemporary advancements in the market.

Market Overview:

The global smart mobility market reached a value of US$ 41.3 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 115.4 Billion by 2027 exhibiting a CAGR of 17.60% during 2022-2027.

Smart Mobility Market Overview:

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.

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Smart Mobility Market Trends:

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.

Smart Mobility Market Report Scope
Report Coverage	Details
Market size value in 2021	US$ 41.3 Billion
Market forecast in 2027	US$ 115.4 Billion
Growth Rate	CAGR of 17.60% from 2022 to 2027

Report Segmentation:

The report has segmented the market on the basis of 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
  • United States
  • Canada
• Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
• Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
• Latin America
  • Brazil
  • Mexico
  • Others
• Middle East and Africa

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Competitive Landscape With Key Players:

The competitive landscape of the smart mobility market has been studied in the report with the detailed profiles of the key players operating in the market.

List of Key Companies Covered in this Market Report:

• Thales Group
• Toyota Motor Corporation.
• Innoviz Technologies Ltd
• Robert Bosch GmbH
• Excelfore Corporation
• Ford Motor Company
• TomTom N.V.
• Cisco Systems Inc.
• QuaLiX Information System LLP
• Siemens AG

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

Key Highlights of the Report:

• Market Performance (2016-2021)
• SWOT Analysis
• Porter's Five Forces Analysis
• Impact of COVID-19
• Market Drivers and Success Factors
• Value Chain
• Comprehensive Mapping of the Competitive Landscape
• Market Outlook (2022-2027)

Note: We are in the process of updating our reports. If you want to receive the latest research data covering the time period from 2023 to 2028, along with industry trends, market size, and competitive analysis, click on the request sample report. The team would be able to deliver the latest version of the report in a quick turnaround time.

About Us:

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.

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