The Growth Of Smart Mobility Solutions And The Transit Ecosystem

In almost every major city today, you will see the appearance of new transit options, ranging from ride-sharing services to bike and scooter hires. The way we get around in cities is fundamentally transforming, with conventional private vehicles making way for shared mobility alternatives, ride-sharing services, and bicycle use. The demand for alternative and multi-modal transport options is furthermore compelling the use of smart mobility solutions, to help authorities and businesses plan and operate these new services.

The stats:

Source: KPMG, Boston Consulting Group

Ride-hailing has taken the globe by storm, with Uber and Lyft becoming household names. The commercial transport industry has transformed permanently, and regulators are debating how to support the phenomenon while promoting a move from crowdsourced, commercial transport providers, to ride-sharing and ride-matching.

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