Mobility

[New] The autonomous vehicle services market is expected to grow from $1.1 billion in 2019 to $202.5 billion in 2030 at a CAGR of 60.1%, facilitated by mutually beneficial business models across the entire mobility value chain.
[New] There have been several forecasts and studies regarding the increase of the Mobility as a Service market in the future, varying from USD 106.8 billion to an over USD 1 trillion global market by 2030.
The global mobility as a service (MaaS) is projected to witness an 11.9% CAGR during 2019-2024, offering ample opportunities for the players in EV battery swapping market.
Autonomous vehicles and mobility services in China are expected to be worth more than $500 billion by 2030, when as many as 8 million self-driving cars hit public roads.
The Global BYOD And Enterprise Mobility Market is expected to grow from USD 41.04 billion in 2020 to USD 95.41 billion by 2026, at a compound annual growth rate of 15.86% during the forecast period.
The technologies developed could be applied to the urban air mobility and regional aircraft markets in the next 5-10 years, but deployment into the next generation of narrowbody airliners may take a decade or more.
5G will be the main driver for mobility for this year with the market for 5G infrastructure expected to hit $4.2 billion, with two-thirds of companies deploying 5G in 2020.
India could be a leader in shared mobility by 2030, providing opportunities for electric and autonomous vehicles.
This year, the micro-mobility market is likely to improve with the introduction of increasingly different modes of transportation though the shared bike will continue to dominate the market with more than 26 million shared bike rides in 2020 across the globe.
2020 will be the year of connected mobility with 10.46 million more connected cars to be added to roads across the globe this year.
Hyundai expects commercialisation of urban air mobility service in 2028, saying it takes time for laws and systems to be in place.
Cities which will deploy smart mobility applications are expected to reduce commuting time by 15-20% by 2025, which shows the benefits of smart cities applications and motivates the governments to adopt it.
Without the mobility transition to reduce the number of passenger cars, the energy transition for the distribution grids will require 75 billion euros in investment, or 2.1 billion euros annually by 2050.
The global market for Mobility as a service (MaaS) to grow at a compound annual growth rate of 24.0% to become a $563.3 billion market by 2025, largely driven by ride-hailing applications.
Global Shared Mobility Market is expected to rise from its initial estimated value of USD 128.96 billion in 2018 to an estimated value of USD 753.05 billion by 2026, registering a CAGR of 24.68% in the forecast period of 2019-2026.
Cities which will deploy smart mobility applications are expected to reduce commuting time by 1520% by 2025, which shows the benefits of smart city applications and motivates the governments to adopt it.
ABB's deep expertise in electric vehicle charging, combined with Porsche's legacy of high-performance is a winning formula to revolutionize sustainable mobility, and will pave the way for Japan to meet its ambitious zero-emissions commitments.
Urban air mobility represents business opportunities within infrastructure, fleet management, software, hardware and content, much like the opportunity for autonomous vehicles.
In the Paris region, Renault will explore the implementation of an autonomous mobility service between Roissy - Charles de Gaulle Airport and La Défense business district.
China will ramp up development efforts in electric vehicle, car connectivity, auto intelligence, and shared mobility in the next decade or so.
Autonomous vehicles are expected to contribute about 66% of the passenger-kilometers traveled in 2040, generating $1.1 trillion in mobility services revenues and $0.9 trillion in sales that year.
Numerous studies predict a growth in academic mobility from Africa in the coming years, if not decades.
In an analysis ofWithin the next 10 years recurring revenue from new services, including data and mobility services, will grow by 30% to add $1.5 trillion in revenue by 2030.

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Last updated: 05 April 2020