Media-Insert Communications

Media-Insert Communications

The blog of Media-Insert Communications – featuring freelance P.R. and journalism links to the work of Graham A. Jarvis.

Editing, Journalism, Copywriting, and Public Relations

Choosing the IoT tech to create smarter cars and cities to improve mobility, explored by Graham Jarvis.

Frost and Sullivan has found that “autonomous cars [alone] will account for a $84Bn (£67Bn) market by 2030”. The claim was recently made in one of the company’s press releases by its mobility partner Franck Leveque. Of this market value the company says half will emanate from software related activities as a result of the convergence of the mobility sector with other industries. With the digital transformation of the automotive industry under way the firm expects to see the growth of mobility-as-a-service (MaaS), created by ride-hailing apps and car-pooling apps. Together these mobile applications already have a combined total of 110M users.

With the global market for digital mobility services forecast to grow to $2Trn by 2025, Frost and Sullivan suggests there is much continued private sector interest in digital mobility services and, as result of this trend, the firm says there is a readiness to combine different modes of transport to the extent that the “lines between private and public transport are becoming blurred in favour of a multi-modal integrated transportation systems”.

So how does this battle play itself out?  Find out more here…. #YearInReview

 

Published on 16th June 2017 by TU Automotive magazine. Author: Graham Jarvis. 

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