Innovation in Motion: How Shared Mobility is Revolutionizing the Future of Transport
Navigating the evolving shared mobility landscape to capitalize on emerging growth opportunities
With the rise of disruptive technologies, changing customer needs, innovative business models, and the proliferation of smart city infrastructure, urban and shared mobility are on the verge of transforming the dynamics of the global automotive ecosystem. Digital acceleration is spurring the uptake of connected and sharable transport through the adoption of platform applications. Now, cities are moving away from being car-centric to being human-centric, heightening the demand for sustainable, personalized, active, and on-demand commuting solutions. As shared mobility gains traction driven by hybrid work, innovative vehicle ownership models, and integrated multimodal solutions, automakers face the challenge of combating urban congestion and addressing shifting consumer preferences, while safeguarding profitability. The question is—what strategies will YOU adopt to thrive through this transformation?
• Do you have an action plan to deliver more connected and personalized driving experiences in tomorrow’s sharing economy?
• How will your mobility product/solution portfolios need to evolve to build future-proof revenue pipelines that capitalize on car sharing, ride-hailing, dynamic shuttles, and cars-on-demand?
• Does your company have the capacity to evaluate and integrate the right disruptive technologies that will empower you to ace this transformation?
The inability to recognize and act on the disruptive force of shared mobility will have detrimental consequences for automakers, technology developers, and other mobility stakeholders. As more consumers opt for the convenience, flexibility, and cost benefits of sharing vehicles rather than owning them, OEMs who solely focus on individual vehicle sales will fail to future-proof their revenue pipelines, falling behind early adopters in an increasingly competitive industry. Moreover, as shared mobility converges with other emerging technologies like autonomy and electrification, laggards will miss out on opportunities to meet changing consumer needs. Failing to cater to these shifting preferences will widen the disconnect between automakers and their target audiences, resulting in decreased customer loyalty and diminishing market share.
• What strategies will you implement to protect your competitive positioning?
• Are you open to investing in, acquiring, and partnering with start-ups that are leading this transformation to build a shared mobility ecosystem?
• In this dynamic ecosystem, how do you monitor and track evolving regulatory and security frameworks to ensure compliance?
Frost & Sullivan has six decades of experience in connecting global mega trends, emerging technologies, and new business models to drive radical growth. We help companies identify, evaluate, and prioritize best-fit opportunities that empower them to thrive through change. Let us guide you through your transformation journey by working collaboratively with the ecosystem community of companies in the Shared Mobility continuum, leveraging our Growth Council Think Tanks.
Let us guide you through your transformation journey by working collaboratively with the ecosystem community of companies in Shared Mobility. This journey is fuelled by four powerful components, ensuring your success in navigating industry changes:
Schedule a Growth Dialog with our team to dive deeper into transformational strategies and explore specific needs within your company.
Become a Frost Growth Expert in your area of specialization and share your expertise and passion with the community through our Think Tanks.
Join Frost & Sullivan's Growth Council and gain access to think tanks focused on the transformational growth strategies for shared mobility.
Designate your company as a Companies2Action to increase exposure to investors, new M&A opportunities, and other growth prospects for your business.