Mobility on Demand Market 2019 Leading Growth Drivers, Emerging Audience, Segments, Industry Sales, Profits & Analysis

Mobility on Demand Market 2019 Leading Growth Drivers, Emerging Audience, Segments, Industry Sales, Profits & Analysis

Mobility on Demand Market
The report on the global Mobility on Demand Market covers historical market trends, current market dynamics, market valuation by segmentation as well as region, country-level analysis for every segment, key player’s market share analysis, competitive landscape and supply chain analysis.

Overview

In mobility on demand market, digitization and mobility is one of significant factor driving the market. The encouraging factors of mobility on demand market includes increased urbanization and changing demographics, declining car ownership and peer to peer transactions. Digital technology supports both upstream and downstream activities of mobility on demand. The cutting- edge technologies such as internet of things, connected vehicles, smartphone technologies and new payment apps is boosting the mobility on demand market. The growing preference for alternative transportation is one of the key factor driving market growth. The study also indicates, cost effective automobiles and young generation demand convenience are the key factors boosting market growth. By data service segment, navigation accounts for highest market share.

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Segments

The segmentation on the basis of service includes e-hailing, car sharing, car rental and station based mobility. Station based mobility tool can be used for intermodal connection, such that all modes of transportation can be reached at one location. It enable users by providing information regarding maps, vehicles available in nearby location and booking taxi through RFID cards and display. It provides users with single card for multipurpose operations that includes booking all modes of transportation and combined invoice system by public transportation company.

According to Market Research Future Analysis, mobility on demand market has been valued at approximately USD 186 Billion by the end of forecast period with approx. 18% of CAGR during forecast period 2018 to 2023. 

Key Players

Market Research Future (MRFR) recognizes the following companies as the key players in the mobility on demand market are- Uber Technologies Inc. (U.S.), Delphi Automotive Plc (U.K.), Denso Corporation (Japan), Intel Corporation (U.S.), Tomtom NV (Netherlands), Robert Bosch Gmbh (Germany), International Business Machines Corp. (U.S.), Didi Chuxing (China), Gett, Inc. (U.S.), Lyft (U.S.), among others.

Regional Analysis

By region, MRFR analysis shows that Asia –Pacific region accounts for largest market share in Mobility on Demand Market due to growing population and wide range of customer base. North America region is expected to be one of the fastest growing market owing to increased IT infrastructure and citizens in the region are spending huge amount in automobiles. Countries such as US and Canada are boosting mobility on demand market in the region. Technological advancement and smart city project is creating positive impact on mobility on demand market.

Commenting on the report, an analyst from Market Research Future (MRFR)’s team said:

By vehicle connectivity segment, it includes vehicle to vehicle, vehicle to infrastructure, vehicle to pedestrian and vehicle to network connectivity. Vehicle to vehicle communication prevents accident by sending information regarding position and speed data over one another through a mesh network. Vehicle to infrastructure connectivity provides users with real time data about road condition, traffic congestion, construction zones and parking availability.

Intended Audience

  • Investors and consultants
  • System Integrators
  • Research/Consultancy firms
  • Technology solution providers
  • IT Solution Providers
  • Original Equipment Manufacturers

LIST OF TABLES

TABLE 1 MOBILITY ON DEMAND MARKET, BY SERVICE,

TABLE 2 MOBILITY ON DEMAND MARKET, BY VEHICLE TYPE

TABLE 3 MOBILITY ON DEMAND MARKET, BY DATA SERVICE

TABLE 4 MOBILITY ON DEMAND MARKET, BY INTERNET CONNECTIVITY

TABLE 5 MOBILITY ON DEMAND MARKET, BY VEHICLE CONNECTIVITY

Continued……

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LIST OF FIGURES

FIGURE 1 RESEARCH TYPE

FIGURE 2 MOBILITY ON DEMAND MARKET: BY SERVICE (%)

FIGURE 3 MOBILITY ON DEMAND MARKET: BY VEHICLE TYPE (%)

FIGURE 4 MOBILITY ON DEMAND MARKET: BY DATA SERVICE (%)

FIGURE 5 MOBILITY ON DEMAND MARKET: BY INTERNET CONNECTIVITY (%)

Continued……

About Market Research Future:

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In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members

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