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Transformation of Mobility in India: New Business Models and Growth Opportunities
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This research study focuses on providing all the presentations from Frost & Sullivan's two-day workshop event held in September 2019 in New Delhi, called Intelligent Mobility. These include presentations from Frost & Sullivan Indian team and a host of other companies, such as RideCell, Tata Motors and more. The focus of this entire workshop was on analyzing the new use cases, pricing and business models for new mobility solutions. In recent years, we have witnessed the transformational change driven by the proliferation of platform-based business models and the ecosystems they enable, unlocking immense potential for competitive advantage and business benefits. Frost & Sullivan believes that all traditional industries, including the Automotive and Transport sector, will capitalise on five key themes including market place, feature/ function on demand, IoT platforms in vehicles, digital assistant/ biometrics and data. The rapid pace of digitalisation is transforming the component hardware-driven automotive sector to a software and solutions focused industry, accelerated by consumers' evolving digital lifestyle expectations and demands for new and innovative services. The future roadmap of digitalisation in the automotive sector is expected to move rapidly from "digital services" to "car-as-a-service" to "mobility-as-a-service", transforming the car into an element of a connected living solution by 2030. Frost & Sullivan drills down into the future impact of digitalisation on the automotive sector and focuses on ways to leverage business model disruption and innovation to stay ahead of the curve. Some new and hot topics covered this year will include the following: • New Use cases, Pricing and Business Models in the Automotive Industry • New Mobility Business Models and New Industry Players, including diversification of business models by existing players, evolution of Mobility as a Service, transformation of shared mobility value chain, City as a Customer etc.• Evolving business models such as parking infrastructure for autonomous vehicles, park assist, charging infrastructure providers etc.• Evolution of urban air mobility model, players, integration of urban air mobility with the city etc. • The changing face of logistics including future of freight mobility, last mile delivery etc. with the help of drones, autonomous trucks etc.• Deep dive into the top Smart cities and their strategy on developing and implementing Smart Mobility initiatives. Frost & Sullivan's Smart mobility team showcases its 12-month detailed benchmark of these top cities across 8 key areas, namely: Carsharing scalability, service integration and digital applications, integration of transport payment systems to launch MaaS, Adoption of Autonomous taxis, Electrification initiatives, Sustainability strategy and finally their vision on future of freight and last mile logistics.
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