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This analytics of ten technology companies and their strengths in the shared mobility industry throws light on the reasons why they have been successful in transitioning to this space and building shared mobility solutions. The study puts forward some answers to the question of how the technology companies of today anticipate and plan for the key m...

The pandemic has definitely brought about a lot of positive changes in the way people are moving. In this research analytics, we look at some key factors that we think will drive the demand for shared mobility. First is the pandemic-induced digital acceleration. People are now more open to using mobile apps than they were before the pandemic. Secon...

Frost & Sullivan organized the 13th edition of its flagship Intelligent Mobility Summit 2021 on July 14 and 15, 2021. The focus of the two-day virtual summit was “Intelligent Mobility: Innovating to Zero” with the spotlight on the Asia-Pacific region. This year, the Summit brought together a stellar group of industry thought leaders, policymakers, ...

14 Dec 2022  |  Europe  |  Market Research

European Shared Mobility Growth Opportunities

Transformative Growth Driven by Favorable Government Regulations and Disruptive Technologies is Expected to Lead to a Gross Market Value of $123 Billion by 2030

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For almost a decade, we have seen incremental—but rapid—progress toward a new paradigm for moving people around in cities. Driven by quickly evolving technologies, new business models, and society's shifting expectations, mobility has become more sustainable, equitable, efficient, and convenient. This Frost & Sullivan study analyzes the Europea...

The COVID-19 pandemic has definitely brought about a lot of positive, flexible changes in the way people are moving; for instance, tourists now use P2P carsharing instead of traditional car rentals. The car is increasingly losing its importance as a status symbol, and millennials are very comfortable using multiple mobility apps to complete thei...

20 Jul 2023  |  North America  |  Market Research

Strategic Analysis of Shared Mobility in North America

Gross Market Revenue to Exceed $226 Billion by 2030 Due to Innovative Business Models and Increasing Consumer Demand

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The shared mobility market in North America is differently structured compared to Europe. In North America, personal cars are still vital. According to the US Census data, 91.5% of US households had at least a single vehicle available in 2020, compared to 90.9% in 2015. The transition to modes that are not cars is slow. Therefore, ride-hailing will...

Spinning off wholly owned subsidiaries to handle nontraditional car ownership models started in 2015 with premium automakers. The trend has shifted, with volume OEMs taking the lead, and Toyota s Kinto has become a well-accepted brand in the market. Toyota s strategy in the shared mobility space has evolved quite a lot since 2015, from being more p...

Autonomous shared mobility technology, after years of development and testing in the real world, is on the verge of reaching commercial viability on a large scale. In 2021, the global market opportunity from autonomous mobility was approximately $27 million. This is expected to reach $92 billion in 2035, accounting for the market changes brought on...

Globally, evolving work environments and shifting industry structures have changed consumer preferences in urban mobility. Cities have become more proactive about rethinking their transportation networks to make them more flexible and sustainable. Innovative solutions are necessary to meet citizens needs, ensure integrated and efficient transporta...