Future of Mobility in India, Malaysia, and Indonesia
Government Investments and Rapid Urbanization to Drive Growth of Mobility Services in the Emerging APAC Market
LONDON, Oct. 21, 2015 /PRNewswire/ -- The research service provides a strategic overview of the mobility solutions currently available in India, Malaysia, and Indonesia. It focusses on the current trends and developments in each region and offers a comparative analysis based on factors such as urbanization and demography. The study covers mobility services such as carsharing, ridesharing, bike sharing, and e-hailing. Additionally, it discusses the future outlook and opportunity analysis in the mobility market for each region.
Key Findings
Investment in building a strong public transit network and urban infrastructure will boost the growth of mobility services in India, Malaysia, and Indonesia.
Future of Mobility: Key Takeaways, India, Malaysia, and Indonesia, 2015
1 India, Malaysia, and Indonesia are expected to have million, billion, and billion connected devices respectively by 2025. This will unlock the demand for technologies such as near field communication (NFC) and mobility apps, offering a basket of opportunities for technology and mobility sharing providers.
2 Government incentives and the increasing importance being given to sustainable technologies will provide a boost to the sale and adoption of electric vehicles (EVs) and hybrid vehicles in India, Malaysia, and Indonesia over the coming years.
3 Close to $ billion of investments have been allocated by the governments of India, Malaysia, and Indonesia for developing the rail and road infrastructure in their respective countries. Having a well connected and robust public transport infrastructure will be a major driver for the success of carsharing/ridesharing operations.
4 By 2025, rapid urbanization will result in the creation of 5 mega cities, 6 mega regions, 6 mega corridors, and 7 sustainable cities. This will open the doors for new mobility business models and new urban technologies such as traffic jam assist and multi-modal solutions.
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