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Mobility

The mobility industry is associated with the transportation of goods and people. The advent AI and IoT has resulted in the radical transformation of the sector. With rising autonomous connected vehicles, the Autonomous Driver Assistance System (ADAS) industry is gradually gaining momentum in North America and Europe. The rising number of accidents is resulting in the growing popularity of autonomous vehicles that can sense the surroundings and act promptly without human intervention. Connected vehicles also control traffic congestion by providing precise data analytics to authorities, enabling them to route traffic properly & offer improved lifestyles to citizens.

The Mobility as a Service (MaaS) industry will gain traction in the future with increasing consumers preferring mobility-on-demand solutions for daily commutes. As MaaS technology works on real-time data transfer, the demand for connected vehicles that can be accurately tracked with GPS technology will increase. The growing popularity of shared transport services, such as Ola Cabs and Uber, is transforming the mobility industry. The rapid development of public transportation systems with the advent of smart cities will fuel the demand for smart mobility solutions. By 2030, virtually all cars are anticipated to be connected. The development of Electric Vehicles (EVs) is projected to transform the mobility sector by enabling the implementation of zero-emission solutions for a cleaner environment.

Drivers:

  • The increasing penetration of digitalization will support the industry growth. Smartphone applications provide consumers real-time data on traffic conditions, availability of shared vehicle services, and public transportation systems.
  • The growing popularity of shared vehicle services that ensure easy commute without the hassle of vehicle ownership & maintenance
  • Development of high-speed railway networks
  • The need to lower emission levels is expected to boost the adoption of electric vehicles. Government organizations are focusing on establishing EV charging stations to ensure increased convenience to consumers and encourage the use of EVs.

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Published: December 2022   

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Published: August 2022   

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Published: March 2022   

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Published: March 2022   

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Published: March 2022   

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Published: February 2022   

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Published: February 2022   

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Published: January 2022   

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Published: January 2022   

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Published: December 2021   

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Published: December 2021   

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Published: December 2021   

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Published: October 2021   

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Published: September 2021   

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Published: August 2021   

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Published: August 2021   

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Published: July 2021   

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Intelligent Transportation System Market size exceeded USD 40 billion in 2020 and is projected to expand at over 9% CAGR from 2021 to 2027....

Published: July 2021   

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Car Sharing Market size surpassed USD 2 billion in 2020 and is anticipated to grow at over 20% CAGR from 2021 to 2027. ...

Published: July 2021   

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Published: July 2021   

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Published: July 2021   

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Published: June 2021   

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Published: June 2021   

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Published: June 2021   

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Published: June 2021   

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Published: May 2021   

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Published: September 2020   

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Published: August 2020   

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Published: August 2020   

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Published: May 2020   

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Published: May 2020   

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Published: May 2020   

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Published: April 2020   

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Published: March 2020   

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Published: February 2020   

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Published: November 2019   

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Published: September 2019   

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Published: July 2019   

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Published: April 2019   

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Published: December 2018   

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Published: October 2018   

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Published: September 2018   

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Published: December 2017   

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