Market Drivers and Restraints:

Technological advancements and emerging IoT trend along with the increasing penetration of smartphones are majorly driving the growth of the global mobility on demand market. Growing popularity of car sharing services, increasing fuel prices and government initiatives for improving transportation with intelligent mobility solutions are some other factors that are propelling the growth of the global mobility on demand market.

Growing adoption of electric and plug-in hybrid vehicles in shared transportation services, reduction in travel cost and real-time availability of services are accelerating the growth of the global mobility on demand market. However, inadequate transportation infrastructure, lack of awareness regarding shared transport services and low penetration of advanced technology in the underdeveloped regions are likely to impact negatively on the growth of the global mobility on demand market during the forecast period of 2017-2023.

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Market Segmentation:

The global mobility on demand market has been segmented on the basis of service, vehicle type, data service, internet connectivity and vehicle connectivity. Based on service, the mobility on demand market has been segmented into e-hailing, car sharing, car rental and station-based mobility. Based on vehicle type, the mobility on demand market has been segmented into four-wheelers and micro mobility vehicles.

Based on data service, the mobility on demand market has been segmented into navigation, information, payment and others. Based on internet connectivity, the mobility on demand market has been segmented into 3G, 4G, 5G and Wi-Fi. Based on vehicle connectivity, the mobility on demand market has been segmented into vehicle to vehicle (V2V), vehicle to infrastructure (V2I), vehicle to pedestrian (V2P) and vehicle to network (V2N).

Key Players:

The leading players that are profiled by MRFR in the report on the global mobility demand market 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.), and others.

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