MRFR TECH

  The   connected mobility solutions market   is growing at a rapid pace, mainly due to the proliferation of connected vehicles. The automotive industry is undergoing a major shift, embracing new mobility concepts that rely heavily on software, connectivity, and artificial intelligence. Resultantly, the demand for capabilities that can meet modern digital business needs is growing too. Changing government mandates for the development of safe, connected cars, electric vehicles, and autonomous vehicles boosts the market size. By 2022, all new vehicles are expected to be connected to the internet. There is significant value in using data from connected vehicles to derive insights and intelligent solutions for various stakeholders in the mobility ecosystem. Subsequently, recent upgrades in connected mobility solutions foster the market valuation. Market Research Future (MRFR) states that the global connected mobility solutions market is expected to witness significant gains b...

  Connected Mobility Solutions Market Analysis The  connected mobility solutions market  size is predicted to develop at a 19% CAGR between 2018- 2023, states the recent Market Research Future (MRFR) analysis. Connected mobility, simply put, is the interlinking of services and systems both outside and inside a car through the internet, enabling the driver and passengers to take pleasure of a smoother ride.  Various factors are propelling the global connected mobility solutions market share. According to the recent MRFR report, such factors include a rising number of technology providers, growing penetration of electric and smart cars, adoption of connected mobility devices, and the integration of IoT in connected mobility solutions.  On the contrary, lack of IT and communication infrastructure, especially in developing regions, lag in government norms, and the on-going COVID-19 impact are factors that may limit the global connected mobility solutions market grow...