Smart Mobility aims to improve the efficiency and safety of transportation. It uses digital technology to connect different transportation modes through sensors and real-time data analytics.
Several benefits of Smart Mobility include increased traffic safety, reduced congestion and waste, more accurate logistics and faster, greener transit options. This can also lead to improved communication between citizens and city officials, ensuring a healthy, efficient, and environmentally sound urban environment.
Market Dynamics:
The increased demand for on-demand transportation services and better performance of autonomous vehicles are predicted to drive the growth of the global Smart Mobility market over the forecast period. Moreover, the development of connected mobility platforms is predicted to increase passenger volume, reduce traffic congestion, and enhance air quality.
However, concerns regarding data security and low internet penetration in emerging regions is anticipated to obstruct growth of the global smart mobility market over the forecast period.
Key features of the study:
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