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The global automotive product to service market will be driven by mobility, connected services, and value-added upgrades. New business model disruptions are expected and they will extend the automotive service revenue pool up to $ 1.3 trillion. Car companies are evolving from the business of merely manufacturing and selling cars, to providing relat...

A mobility operating system essentially empowers a city government to utilize distributed city data, converging it to enable effective communications and developing innovative solutions for city management. The key components of a mobility operating system are strong communications and network as a nervous system, an open Big Data platform and stor...

06 May 2021  |  Global  |  Market Research

Strategic Analysis of the Global Micro Mobility Sharing Market, Forecast to 2025

Future Growth Potential Enhanced by Opportunities Due to Government Push, Regulatory Reforms and Advancement in Technologies

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The global micromobility is poised to grow as one of the most attractive forms of sustainable mobility in the future. While the market was impacted severely by the COVID-19 crisis, it has also been one of the first mobility markets where demand has resurged. Micromobility has emerged as one of the most convenient, affordable, and safe modes of trav...

Purpose-built vehicles (PBVs) represent the new breed of customized vehicle development. Unlike custom-built vehicle manufacturing processes, in which few alterations are made to existing vehicle models, PBVs are customized from the design phase to suit the application in which the vehicle will be deployed in the future. The PBV market is fragm...