Smart Mobility Market Size 2023 at USD 65.4 Bn, Estimated to Reach USD 215.2 Bn by 2030

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Smart Mobility Market to Reach $215.2 Billion by 2030, Driven by Growing Demand for Sustainable Transportation Solutions

The global smart mobility market is expected to reach USD 215.2 billion by 2030, growing at a compound annual growth rate (CAGR) of 19.35% during the forecast period (2024-2030), according to a new report by Maximize Market Research.

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Market Overview

Smart mobility refers to the integration of technology into transportation systems to improve efficiency, safety, and sustainability. This includes a variety of solutions, such as ride-sharing, car-sharing, connected vehicles, and intelligent traffic management systems. The growing demand for sustainable transportation solutions, coupled with rising urbanization and increasing traffic congestion, are key factors driving the growth of the smart mobility market.

Market Scope

The Maximize Market Research report provides a comprehensive analysis of the smart mobility market, including market size, segmentation, growth drivers, trends, and challenges. The report also offers insights into the competitive landscape and key players in the market.

Market Segmentation

The smart mobility market is segmented by element, solution, technology, and region. By element, the market is segmented into bike commuting, car sharing, and ride sharing. By solution, the market is segmented into traffic management, parking management, mobility management, and others. By technology, the market is segmented into 3G & 4G, Wi-Fi, GPS, RFID, embedded systems, and others.

Major Manufacturers

  • North America: Tesla (US), Uber (US), Lyft (US), Waymo (US), General Motors (US), Ford (US), Zipcar (US), Lime (US)
  • Europe: BMW (Germany), Daimler AG (Germany), Volkswagen Group (Germany), BlaBlaCar (France), Gett (UK), TomTom (Netherlands), Škoda Auto (Czech Republic), Voi Technology (Sweden)
  • Asia Pacific: Baidu (China), DiDi Chuxing (China), Ola Cabs (India), Grab (Singapore), Toyota (Japan), Hyundai (South Korea), Mahindra & Mahindra (India), Byton (China)
  • South & Latin America: 99 (Brazil), Cabify (Spain/Latin America), Grin (Mexico), Easy Taxi (Brazil), Beat (Greece/Latin America)

Regional Analysis

The Asia Pacific region is expected to hold the largest market share during the forecast period, due to factors such as rapid urbanization, government initiatives to promote smart cities, and increasing disposable incomes.

COVID-19 Impact Analysis

The COVID-19 pandemic had a negative impact on the smart mobility market in the short term, due to lockdowns and travel restrictions. However, the market is expected to recover quickly in the post-pandemic period, as people become more comfortable with using shared mobility services.

Key Questions Answered

  • What is the market size of the smart mobility market?
  • What are the major growth drivers for the smart mobility market?
  • Which segment is expected to grow at the fastest rate during the forecast period?
  • Who are the major players in the smart mobility market?
  • Which region is expected to hold the largest market share during the forecast period?

Table of Contents:

Chapter 1: Overview

Chapter 2: Global Market Status and Forecast by Regions

Chapter 3: Global Market Status and Forecast by Types

Chapter 4: Global Market Status and Forecast by Downstream Industry

Chapter 5: Market Driving Factor Analysis

Chapter 6: Market Competition Status by Major Manufacturers

Chapter 7: Major Manufacturers Introduction and Market Data

Chapter 8: Upstream and Downstream Market Analysis

Chapter 9: Cost and Gross Margin Analysis

Chapter 10: Marketing Status Analysis

Chapter 11: Market Report Conclusion

Chapter 12: Research Methodology and Reference

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About Maximize Market Research:

Maximize Market Research is one of the fastest-growing market research and business consulting firms serving clients globally. Our revenue impact and focused growth-driven research initiatives make us a proud partner of majority of the Fortune 500 companies. We have a diversified portfolio and serve a variety of industries such as IT & telecom, chemical, food & beverage, aerospace & defense, healthcare and others.

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