NEW YORK, July 2, 2015 /PRNewswire/ -- Cities have long been at the forefront of sustainable, multimodal mobility due to the transportation demands placed on a city by a large, densely located population. The smart city movement today is pioneering an even more advanced approach to urban mobility. Cities are moving toward a model of on-demand mobility in which citizens can take advantage of clean transportation options that meet their immediate needs. A few key technology developments over the last decade underpin this movement: the increasing availability of smartphones; the rise of plug-in electric vehicles (PEVs); and the ability to connect vehicles, infrastructure, transportation managers, and end users.

This new form of mobility is both a public investment and private enterprise phenomenon. In the smart urban mobility environment, infrastructure investments like real-time traffic management, public charging networks, or smart parking systems are complemented by new mobility solutions like carsharing services and rideshare apps. The ultimate smart urban mobility solution ties these together to allow users to see their full range of mobility options and access them on demand. Greater connectivity also allows city agencies to manage traffic and infrastructure assets in real-time to create more efficient mobility. According to Navigant Research, the global smart urban mobility infrastructure and services market is expected to grow from $5.1 billion in 2015 to $25.1 billion in 2024.

This Navigant Research report examines the key smart urban mobility infrastructure and services being offered in smart cities. The study analyzes the market for carsharing and rideshare services; public EV charging equipment and services; smart parking systems; congestion charging schemes; and advanced intelligent transportation systems (ITSs) and other innovations in transportation infrastructure. Global market forecasts for revenue, segmented by region, extend through 2024. The report also compares different regional approaches to smart urban mobility, looks at key city examples of each mobility segment, and profiles key players in the market.

Key Questions Addressed:
What are the key elements of smart urban mobility and how is it different from conventional mobility?
What are the key technological challenges to smart urban mobility implementation?
Who are the key players in the smart city mobility market?
How are different regions approaching smart urban mobility and what individual elements are they pursuing?
How large is the global smart urban mobility market and how will growth vary by segment and region?
Which urban mobility segments have the greatest revenue potential?

Who needs this report?
Smart city solutions providers
Intelligent transportation system (ITS) companies
Vehicle sharing providers
Automotive OEMs
Electric vehicle (EV) charging providers
IT, networking, and telecommunications companies
Government agencies
Investor community
Read the full report: http://www.reportlinker.com/p03048059-summary/view-report.html

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