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Navigant Research, a U.
S.
market research firm, has released a report on the highly influential urban mobile technology market and provides a market forecast
by region and technology to 2027.
According to the report, the cumulative size of the global urban mobile technology market will reach $240.
9 billion by 2027.
Over the next decade, providing clean, decarbonized and efficient transportation will be critical
to addressing the serious challenges facing many cities, including air pollution, traffic congestion and greenhouse gas emissions.
As a result, technologies such as electric vehicles, autonomous vehicles, intelligent transportation systems, smart parking systems, last-mile logistics, public transportation innovation, and mobility as a service of choice are expected to become mainstream applications
over the next decade.
According to the report, currently available technologies, such as automatic recognition traffic control and smart parking systems, have proven effective in reducing traffic congestion, but are still underutilized
.
Senior Research Analyst Ryan Citron said, "To support the vision of cleaner, more connected and automated transportation systems, cities must prepare
for the future through data platforms and 5G networks by investing in infrastructure such as EV charging and digital infrastructure.
”
Navigant Research, a U.
S.
market research firm, has released a report on the highly influential urban mobile technology market and provides a market forecast
by region and technology to 2027.
According to the report, the cumulative size of the global urban mobile technology market will reach $240.
9 billion by 2027.
Over the next decade, providing clean, decarbonized and efficient transportation will be critical
to addressing the serious challenges facing many cities, including air pollution, traffic congestion and greenhouse gas emissions.
As a result, technologies such as electric vehicles, autonomous vehicles, intelligent transportation systems, smart parking systems, last-mile logistics, public transportation innovation, and mobility as a service of choice are expected to become mainstream applications
over the next decade.
According to the report, currently available technologies, such as automatic recognition traffic control and smart parking systems, have proven effective in reducing traffic congestion, but are still underutilized
.
Senior Research Analyst Ryan Citron said, "To support the vision of cleaner, more connected and automated transportation systems, cities must prepare
for the future through data platforms and 5G networks by investing in infrastructure such as EV charging and digital infrastructure.
”
