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Mobility on demand refers to innovative service in automobile. The mobility on demand system offers users with real time data, fine grained mobility demand sensing and provides stacks and racks of light electric vehicles or bicycles at closely placed intervals.
Bring your own device (BYOD), big data and new analytics, smart cities and internet of things are the cutting-edge technologies boosting the Mobility on Demand Market Size. According to the study, by service segment e-hailing accounts for largest market share in Mobility on Demand Market Size. The increasing working population in urban areas, rising knee problems and development in the healthcare sector are the prime factors driving market growth. By vehicle type, electric vehicle is estimated as fastest growing segment in Mobility on Demand Market Size owing to technology advancement in automobile sector and emerging of driverless cars. Asia-Pacific region is expected to account for highest market share in electric vehicle segment. Vehicle emission, reduced congestion, crash avoidance and improved travel time reliability are the factors imposing positive impact on Mobility on Demand Market Size.
The segmentation of Mobility on Demand Market Size system is done on the basis of service that includes e-hailing, car sharing, car rental and station based mobility. E-hailing service accounts for highest market in Mobility on Demand Market Size. E-hailing service provides users with seamless platform for booking car, taxi, limousine or any other mode of transportation. E-hailing application enabled users to book taxi with their smartphones, it offers efficient service to both driver and the consumer. It provides great service especially during storm or rainy season.
The Mobility on Demand Market Size is expected to grow at approximately USD 186 Billion by 2023, at 18% of CAGR between 2018 and 2023.
The prominent players in the Mobility on Demand Market Size 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.
Study Objectives of Mobility on Demand Market Size:
The regional analysis of Mobility on Demand Market Size is being studied for region such as Asia Pacific, North America, Europe and Rest of the World. North America region is expected to be fastest growing in Mobility on Demand Market Size due to increased adoption of bring your own device (BYOD) technology, growing urban population and increased adoption of e-hailing service by citizens. Asia-Pacific region accounts for highest market share in Mobility on Demand Market Size owing to increasing IT infrastructure and growing population in urban areas.
Mobility on Demand Market Size for segment on the basis of service, vehicle type, data service, internet connectivity and network connectivity.
Mobility on Demand Market Size by Service:
Mobility on Demand Market Size by Vehicle Type:
Mobility on Demand Market Size by Data Service:
Mobility on Demand Market Size by Internet Connectivity:
Mobility on Demand Market Size by Vehicle Connectivity:
LIST OF TABLES
TABLE 1 MOBILITY ON DEMAND MARKET SIZE, BY SERVICE,
TABLE 2 MOBILITY ON DEMAND MARKET SIZE, BY VEHICLE TYPE
TABLE 3 MOBILITY ON DEMAND MARKET SIZE, BY DATA SERVICE
TABLE 4 MOBILITY ON DEMAND MARKET SIZE, BY INTERNET CONNECTIVITY
TABLE 5 MOBILITY ON DEMAND MARKET SIZE, BY VEHICLE CONNECTIVITY
LIST OF FIGURES
FIGURE 1 RESEARCH TYPE
FIGURE 2 MOBILITY ON DEMAND MARKET SIZE: BY SERVICE (%)
FIGURE 3 MOBILITY ON DEMAND MARKET SIZE: BY VEHICLE TYPE (%)
FIGURE 4 MOBILITY ON DEMAND MARKET SIZE: BY DATA SERVICE (%)
FIGURE 5 MOBILITY ON DEMAND MARKET SIZE: BY INTERNET CONNECTIVITY (%)
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