Smart Mobility Market is estimated to be valued at USD 47.27 Bn in 2025 and is expected to reach USD 178.47 Bn by 2032, growing at a compound annual growth rate (CAGR) of 20.9% from 2025 to 2032.
Report Coverage
Report Details
Base Year:
2024
Market Size in 2025:
USD 47.27 Bn
Historical Data for:
2020 To 2024
Forecast Period:
2025 To 2032
Forecast Period 2025 to 2032 CAGR:
20.90%
2032 Value Projection:
USD 178.47 Bn
Smart Mobility aims to improve the efficiency and safety of transportation. It uses digital technology to connect different transportation modes through sensors and real-time data analytics.
Several benefits of Smart Mobility include increased traffic safety, reduced congestion and waste, more accurate logistics and faster, greener transit options. This can also lead to improved communication between citizens and city officials, ensuring a healthy, efficient, and environmentally sound urban environment.
Market Dynamics:
The increased demand for on-demand transportation services and better performance of autonomous vehicles are predicted to drive the growth of the global Smart Mobility market over the forecast period. Moreover, the development of connected mobility platforms is predicted to increase passenger volume, reduce traffic congestion, and enhance air quality.
However, concerns regarding data security and low internet penetration in emerging regions is anticipated to obstruct growth of the global smart mobility market over the forecast period.
Key features of the study:
This report provides in-depth analysis of the global smart mobility market, and provides market size (US$ Billion) and compound annual growth rate (CAGR%) for the forecast period 2025-2032, considering 2024 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global smart mobility market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Cisco Systems, Inc., Excelfore, Ford Motor Company, Robert Bosch GmbH, and TomTom International N.V.
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global smart mobility market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global smart mobility market
Detailed Segmentation:
Global Smart Mobility Market, By Elements:
Bike Commuting
Car Sharing
Ridesharing
Global Smart Mobility Market, By Solution:
Traffic Management
Parking Management
Mobility management
Others
Global Smart Mobility Market, By Technology:
3G & 4G
Wi-Fi
GPS
RFID
Embedded Systems
Others
Global Smart Mobility Market, By Region:
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
Company Profile:
Cisco Systems, Inc.
Excelfore
Ford Motor Company
Robert Bosch GmbH
TomTom International N.V.
Table of Contents
1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Market Snapshot, By Elements
Market Snapshot, By Solution
Market Snapshot, By Technology
Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Drivers
Increasing need for on-demand transportation services
Rise in smart city initiatives
Restraints
Lack of internet penetration in developing regions
Concerns regarding safety of data
Opportunities
Increasing adoption of intelligent transportation system
Impact Analysis
Key Highlights
Regulatory Scenario
Product launch/Approvals
PEST Analysis
PORTER's Analysis
Merger and Acquisition Scenario
4. Global Smart Mobility Market - Impact of Coronavirus (COVID-19) Pandemic
COVID-19 Epidemiology
Supply Side and Demand Side Analysis
Economic Impact
5. Global Smart Mobility Market, By Elements, 2020-2032, (US$ Bn)
Introduction
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2021 - 2032
Segment Trends
Bike Commuting
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Bn)
Car Sharing
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Bn)
Ridesharing
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Bn)
6. Global Smart Mobility Market, By Solution, 2020-2032, (US$ Bn)
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2021 - 2032
Segment Trends
Introduction
Traffic Management
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Billion)
Parking Management
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Billion)
Mobility management
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Billion)
Others
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Billion)
7. Global Smart Mobility Market, By Technology, 2020-2032, (US$ Bn)
Introduction
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2021 - 2032
Segment Trends
3G & 4G
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Billion)
Wi-Fi
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Billion)
GPS
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Billion)
RFID
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Billion)
Embedded Systems
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Billion)
Others
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Billion)
8. Global Smart Mobility Market, By Region, 2020-2032, (US$ Bn)
Introduction
Market Share Analysis, By Country, 2025 and 2032 (%)
Y-o-Y Growth Analysis, For Country 2021 - 2032
Country Trends
North America
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Elements, 2020-2032,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Solution, 2020-2032,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Technology, 2020-2032,(US$ Bn)
Europe
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Elements, 2020-2032,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Solution, 2020-2032,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Technology, 2020-2032,(US$ Bn)
Asia Pacific
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Elements, 2020-2032,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Solution, 2020-2032,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Technology, 2020-2032,(US$ Bn)
Latin America
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Elements, 2020-2032,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Solution, 2020-2032,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Technology, 2020-2032,(US$ Bn)
Middle East & Africa
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Elements, 2020-2032,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Solution, 2020-2032,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Technology, 2020-2032,(US$ Bn)