Data generated from connected solutions will help solution providers build novel offerings and business models, finds Frost & Sullivan
SAN ANTONIO, Texas, Nov. 23, 2021 /PRNewswire/ — Frost & Sullivan’s recent analysis finds that consumer preferences toward various modes of mobility are likely to witness dynamic shifts due to sudden environmental changes and dynamic needs. Hence, the flexibility to offer multiple mobility options through a single provider is crucial. Additionally, the need to improve commuting efficiency and effective orchestration of fleets will necessitate the deployment of high-impact technologies such as artificial intelligence (AI)-driven platforms, vehicle-to-everything (V2X) capabilities, blockchain, 5G, and edge computing. Technology is driving the evolution of the mobility ecosystem and services, enabling on-demand services and integrated solutions. Digital urban mobility management solutions will be key to cities becoming more proactive, smart and livable.
For further information on this analysis, Global Urban Mobility Management and Data Intelligence Solutions Growth Opportunities, please visit: https://frost.ly/6nl
“Every stakeholder in the value chain of technology providers, automakers, mobility service providers, and cities aim to ensure effective mobility management of passengers and goods. They are increasingly resorting to partnerships/acquisitions to build capabilities and be prepared for the future of mobility,” noted Albert Geraldine Priya, Program Manager, Mobility, at Frost & Sullivan. “Public-private partnerships are expected to boost the uptake of smart city initiatives. Open data policies and policy support will catalyze this trend, especially for MaaS and marketplace solutions.”
Priya added: “There is likely to be a shift from hardware to software platforms, such as moving from fixed road sensors to floating sensors in cars or cell phones. Differentiated, scalable, and usage-based fee models will require coordinated demand management. The focus on user orientation and convenience will promote free-flow traffic systems, end-user services, and converging technologies.”
Urban mobility services providers can expand in a highly dynamic marketplace by making the most of the opportunities offered in the following areas:
Global Urban Mobility Management and Data Intelligence Solutions Growth Opportunities is the latest addition to Frost & Sullivan’s Mobility research and analyses available through the Frost & Sullivan Leadership Council, which helps organizations identify a continuous flow of growth opportunities to succeed in an unpredictable future.
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