Value Chain Stakeholders Aim for Effective Mobility Management
Frost & Sullivan’s recent analysis finds that consumer preferences toward various modes of mobility are likely to experience 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-driven platforms, vehicle-to-everything 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.
“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,” notes Albert Geraldine Priya, program manager of 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.”
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