New transportation business models and services are already proliferating.
Companies already investing in
opportunities in future of mobility to 2030
Developments in the future of mobility sector are being propelled by new business models and innovations. Combining emerging business models and technologies such as IoT with the transportation sector is generating new opportunities in the future of mobility. Innovations in the future of mobility sector include advanced batteries and self-driving systems. The core trends influencing the future of mobility are automation and new business models. The confluence of 5G communication, IoT, and innovation in business models is giving rise to new mobility-as-a-service business models.
Some of the biggest gains are in the related area of logistics automation, where it has been trialled at mines and warehouses. Since 2000, Prologis, REIT, Amazon, GXO Logistics have invested heavily in robotisation and warehouse automation, using automatic sortation systems, conveyors, shuttle systems, robotic arms and scanners. Implementing these systems provides flexibility, time and cost savings.
projected annual growth in mobility-as-a-service to 2030
public transportation market size by 2026
projected annual growth rate of the electric vehicle market to 2030
Growth is predicted across sectors relating to the future of mobility, including the public transportation sector, the global automotive logistics market, the electric vehicle market, and the mobility-as-a-service market. The most significant growth is predicted in the mobility-as-a-service sector, however, which is projected to grow annually at a rate of 32.1% until 2030. Opportunities in mobility-as-a-service include electrifying city communication and product-service mobility and logistics systems. While transportation and ride hailing companies Uber, Lyft, ZipCar and Lime have also moved into the mobility-as-a-service space.
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