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Smart Mobility Market
COVID-19 pandemic has increased the demand for safer and securer means of transportation due to which the need
for car sharing or car pooling has been affected thus leading to a sluggish growth of the global smart mobility
market.
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Smart Mobility Market
The global smart mobility market was valued at $34.04 billion in 2019, and is projected to reach $70.46 billion by
2027, registering a CAGR of 20.2%.
Smart mobility is the use of different modes of transportation rather than using one’s own vehicles to reduce
number of vehicles running on roads. Smart mobility comprises different concepts such as ride sharing, car sharing,
and bike commuting across cities to improve traffic conditions. The need for smart mobility increased across the
globe owing to several factors such as increase in pollution, rise in fatalities, and wastage of time, if stuck in traffic
jams. Smart mobility is a revolutionary idea for utilizing the available transportation resources in a safer and
efficient way to ensure zero emission, least or no accidents and with no ownership of vehicles.
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Smart Mobility Market
Key Benelaunch Platforms For Stakeholders
• This study presents analytical depiction of the global smart mobility market analysis along with the current
trends and future estimations to depict imminent investment pockets.
• The overall smart mobility market opportunity is determined by understanding profitable trends to gain a
stronger foothold.
• The report presents information related to the key drivers, restraints, and opportunities of the global smart
mobility market with a detailed impact analysis.
• The current smart mobility market is quantitatively analyzed from 2019 to 2027 to benchmark the financial
competency.
• Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the industry.
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Smart Mobility Market
Major Companies:
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Cisco Systems, Inc.
Excelfore
FORD MOTOR COMPANY
Innoviz Technologies Ltd.
MaaS Global Oy
QUALIX INFORMATION SYSTEM
Robert Bosch GmbH
Siemens
TOMTOM INTERNATIONAL N.V
TOYOTA MOTOR CORPORATION
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Smart Mobility Market
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