The Smart Mobility Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Smart Mobility Market?
The size of the smart mobility market has expanded quickly in recent years. Expansion from $52.83 billion in 2024 to $62.27 billion in 2025 will occur at a compound annual growth rate (CAGR) of 17.9%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Smart Mobility Industry?
The Smart Mobility Global Market is anticipated to reach a size of $118.59 billion in 2029, with a compound annual growth rate (CAGR) of 17.5%.
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What are the Key Growth Drivers Fueling the Smart Mobility Market?
The key drivers in the Smart Mobility market are:
• Rising adoption of electric vehicles
• Growing demand for autonomous driving technology
• Increasing integration of AI and machine learning in mobility
• Expansion of 5G connectivity and investment in smart infrastructure.
Global Market Segmentation: Identifying Major Smart Mobility Industry Segments
The smart mobility market covered in this report is segmented –
1) By Type: Integrated Mobility Platforms, Smart Transportation Solutions, Connected Vehicle Solutions, Mobility As A Service, Traffic Management Systems
2) By Technology: Internet Of Things, Artificial Intelligence, Blockchain, Big Data Analytics, Cloud Computing
3) By Transport Mode: Public Transport, Private Transport, Shared Mobility, Electric Vehicles, Rail Transport
4) By End-User: Government, Transportation Service Providers, Fleet Operators, Corporate, Individuals
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What are the Emerging Trends Shaping the Future of the Smart Mobility Market?
The key trends in the Smart Mobility market are:
• Advancements in electric vehicle battery technology are shaping the future of the smart mobility market.
• Development in vehicle-to-everything communication is another emerging trend.
• AI-powered navigation and routing technologies are significantly influencing the market.
• The integration of shared mobility with public transport is gaining traction.
Who Are the Top Competitors & Leading Players in the Smart Mobility Market?
Major companies in the Smart Mobility market are:
• Volkswagen AG
• Toyota Motor Corporation
• Ford Motor Company
• General Motors
• Bayerische Motoren Werke AG
• Hyundai Motor Company
• Robert Bosch GmbH
• Siemens AG
• Intel Corporation
• Cisco Systems Inc.
• Škoda Auto AS
• Uber Technologies Inc.
• Lyft Inc.
• TomTom International BV
• Waymo LLC
• Lime Electric Scooter Sharing Company
• Gett Inc
• Mindteck
• QuaLiX Information System LLP
• Excelfore Corporation
• Innoviz Technologies Ltd.
Regional Dominance: Which Area Leads the Global Smart Mobility Market?
North America was the largest region in the smart mobility market in 2024
