Smart Mobility Market is estimated to be US$ 240.65 billion by 2030 with a CAGR of 19.8%

Manju Gupta03 Aug, 2022News

Worldwide population growth is causing urbanization to increase at significant rate, which has raised demand for transportation infrastructure. This has also led to a rise in the use of smart mobility solutions. Additionally, the rising need for transportation and rising eco-awareness among consumers are encouraging people to carpool, use cab services, and use ride-sharing services, which is projected to drive market expansion. Additionally, the government's expanding investment in the creation of smart cities is anticipated to fuel market expansion.