Smart Mobility Market 2023-2028 | Size, Growth, Trends and Report Outlook
How Big Is the Smart Mobility Market? The global smart mobility market size reached US$ 51.3 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 135.6 Billion by 2028, exhibiting a growth rate (CAGR) of 16.55% during 2023-2028. What is Smart Mobility? Smart mobility encompasses an interconnected system that leverages advanced technologies to provide individuals with sustainable, efficient, and resilient transportation options. This includes the use of public transportation, shared mobility services, electric vehicles (EVs), and on-demand ride solutions, all aimed at optimizing urban transportation while enhancing road safety. Furthermore, smart mobility contributes to environmentally friendly commuting options, leading to reduced pollution levels. It plays a pivotal role in improving traffic management and efficient utilization of parking facilities, all while contributing to the reduction of greenhouse gas (GHG) emissions. Request a PDF sample of report: htt