Mobility On Demand Market Growth, Trends, and Analysis by 2030
Coverage: Mobility on Demand Market covers analysis by Type (Station-Based, E-Hailing, Car Rental, Car Sharing); Service Type (Information, Navigation, Payment, Others); Vehicle Type (Commercial, Personal); Connectivity (3G, 4G, 5G, WiFi, V2V, V2I, Others) , and Geography (North America, Europe, Asia Pacific, and South and Central America)
- Report Date : Sep 2025
- Report Code : TIPRE00013594
- Category : Technology, Media and Telecommunications
- Status : Upcoming
- Available Report Formats :
- No. of Pages : 150
The Mobility on Demand Market is expected to register a CAGR of 10.4% from 2025 to 2031, with a market size expanding from US$ XX million in 2024 to US$ XX Million by 2031.
The report on the Mobility on Demand Market contains an analytical overview of the market by segmenting it into Service Type, Vehicle Type, Connectivity, and Region. This allows for a panoramic view of the dynamic growth of the market in important markets and countries, regionally. The market assessments quoted are in US dollars, hence reporting on the dynamics, trends of growth, and competition in various segments of this market. In-depth analysis and insight allow stakeholders to identify opportunities and make educated decisions in the fast-changing mobility on demand sector.
Purpose of the ReportThe report Mobility on Demand Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:
- Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
- Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
- Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.
Mobility on Demand Market Segmentation
Type- Station-Based
- E-Hailing
- Car Rental
- Car Sharing
- Information
- Navigation
- Payment
- Commercial
- Personal
- 3G
- 4G
- 5G
- WiFi
- V2V
- V2I
Strategic Insights
Mobility on Demand Market Growth Drivers- Shifting consumer preference: The shifting consumer preference for convenience and flexibility in transportation is one of the factors contributing to growth in the Mobility on Demand market.
- Increasing acceptance: Development pressures, increasing urbanization, and congestion, therefore, raise demand for on-demand mobility solutions; ride-hailing, car-sharing, and bike-sharing services currently find increasing acceptance.
- Sustainability backed by low carbon footprints: A shift toward sustainability backed by low carbon footprints encourages consumers toward shared mobility over traditional vehicle ownership. Furthermore, the various developments in technologies such as mobile applications and real-time data analytics are making the user experience of availing more operationally efficient mobility services. COVID-19 accelerated this market further as a result of increased adoption of contactless and safer transportation alternatives.
- Increased emphasis on carbon footprint: Increased emphasis on carbon footprint has pushed sales of electric vehicles upward. Electric vehicles offers avenue towards sustainable transportation. Mobility firms make use of artificial intelligence for route optimization and do efficient service provision accordingly.
- Real-time data analysis: Consequently, because of this route optimization, AI using real-time data analysis will be able to point towards effective routing, reduced waiting times, and thus help make the customer experiences much better. This technological development lets the service be responsive and adaptable to users' ever-changing needs.
- Community multimodal transportation: Community multimodal transportation platforms are emerging increasingly, changing the way people access mobility choices. Such systems link ride-hailing, car-sharing, and even public transportation in one application, easing the burden on journey planners. This holistic method does more than make it easier for users; it could also reduce private vehicle ownership. More and more partnerships between mobility service providers with public transportation systems will occur. This allows for connectivity because the users can switch from one mode of transportation to another, therefore making urban mobility easier.
- artificial intelligence and machine learning: The route planning and vehicle allocation would be optimized by developing different algorithms and applications for tech companies, hence providing services in a more efficient manner with reduced waiting time by the users. The use of artificial intelligence and machine learning enhances predictive analytics to enable providers to anticipate demand patterns and adjust their services accordingly.
- cooperation between public transit and mobility service providers: There is still hope for the mobility-on-demand market because of the cooperation between public transit and mobility service providers, which will allow for smooth multi-modal movement. platforms that will provide the user with a comprehensive, one-stop app for public transportation, bike sharing, and vehicle sharing. That could make the use of public transit convenient for users and the usage of public transit would rise.
- post-pandemic consciousness about safety: With growing post-pandemic consciousness about safety, businesses can invest in ramped-up sanitation and transparently establish safety protocols to slowly regain consumer confidence in shared mobility solutions. These opportunities could be harnessed by the stakeholders to spur growth and innovation in the evolving mobility on-demand market.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Mobility on Demand Market, providing a holistic landscape.
- Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
- Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
- Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.
The research report on the Mobility on Demand Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.
REGIONAL FRAMEWORK
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Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
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to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
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to country scope.
Frequently Asked Questions
The report can be delivered in PDF/PPT format; we can also share excel dataset based on the request.
Some of the customization options available based on request are additional 3-5 company profiles and country-specific analysis of 3-5 countries of your choice. Customizations are to be requested/discussed before making final order confirmation, as our team would review the same and check the feasibility.
Leading Players are - Avis Budget Group, Delphi Automotive PLC, Ford Motor Company, General Motors Company, IBM, Intel Corporation (Moovit Inc), Robert Bosch GmbH, Tomtom NV, Toyota Motor Corporation
The market is expected to register a CAGR of 10.4% during 2023-2031
The driving factors in the Mobility on-demand market include increased urbanization, changing consumer preference for comfort in transportation, and hence increasing demand for convenience in transport solutions and growing shared mobility services. Growing smartphone penetration thus allows easier accessibility to ride-hailing and car-sharing services, which fuels market growth.
Future trends include the integration of autonomous vehicles into mobility services and the expansion of electric and eco-friendly transportation options. Enhanced mobile apps for seamless user experiences and improved data analytics for demand forecasting will shape the future of this market.
1.INTRODUCTION
1.1.SCOPE OF THE STUDY
1.2.THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3.MARKET SEGMENTATION
1.3.1Mobility On Demand Market - By Type
1.3.2Mobility On Demand Market - By Service Type
1.3.3Mobility On Demand Market - By Vehicle Type
1.3.4Mobility On Demand Market - By Connectivity
1.3.5Mobility On Demand Market - By Region
1.3.5.1By Country
2.KEY TAKEAWAYS
3.RESEARCH METHODOLOGY
4.MOBILITY ON DEMAND MARKET LANDSCAPE
4.1.OVERVIEW
4.2.PEST ANALYSIS
4.2.1North America - Pest Analysis
4.2.2Europe - Pest Analysis
4.2.3Asia-Pacific - Pest Analysis
4.2.4Middle East and Africa - Pest Analysis
4.2.5South and Central America - Pest Analysis
4.3.ECOSYSTEM ANALYSIS
4.4.EXPERT OPINIONS
5.MOBILITY ON DEMAND MARKET - KEY MARKET DYNAMICS
5.1.KEY MARKET DRIVERS
5.2.KEY MARKET RESTRAINTS
5.3.KEY MARKET OPPORTUNITIES
5.4.FUTURE TRENDS
5.5.IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6.MOBILITY ON DEMAND MARKET - GLOBAL MARKET ANALYSIS
6.1.MOBILITY ON DEMAND - GLOBAL MARKET OVERVIEW
6.2.MOBILITY ON DEMAND - GLOBAL MARKET AND FORECAST TO 2028
6.3.MARKET POSITIONING/MARKET SHARE
7.MOBILITY ON DEMAND MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1.OVERVIEW
7.2.TYPE MARKET FORECASTS AND ANALYSIS
7.3.STATION-BASED
7.3.1.Overview
7.3.2.Station-Based Market Forecast and Analysis
7.4.E-HAILING
7.4.1.Overview
7.4.2.E-Hailing Market Forecast and Analysis
7.5.CAR RENTAL
7.5.1.Overview
7.5.2.Car Rental Market Forecast and Analysis
7.6.CAR SHARING
7.6.1.Overview
7.6.2.Car Sharing Market Forecast and Analysis
8.MOBILITY ON DEMAND MARKET - REVENUE AND FORECASTS TO 2028 - SERVICE TYPE
8.1.OVERVIEW
8.2.SERVICE TYPE MARKET FORECASTS AND ANALYSIS
8.3.INFORMATION
8.3.1.Overview
8.3.2.Information Market Forecast and Analysis
8.4.NAVIGATION
8.4.1.Overview
8.4.2.Navigation Market Forecast and Analysis
8.5.PAYMENT
8.5.1.Overview
8.5.2.Payment Market Forecast and Analysis
8.6.OTHERS
8.6.1.Overview
8.6.2.Others Market Forecast and Analysis
9.MOBILITY ON DEMAND MARKET - REVENUE AND FORECASTS TO 2028 - VEHICLE TYPE
9.1.OVERVIEW
9.2.VEHICLE TYPE MARKET FORECASTS AND ANALYSIS
9.3.COMMERCIAL
9.3.1.Overview
9.3.2.Commercial Market Forecast and Analysis
9.4.PERSONAL
9.4.1.Overview
9.4.2.Personal Market Forecast and Analysis
10.MOBILITY ON DEMAND MARKET - REVENUE AND FORECASTS TO 2028 - CONNECTIVITY
10.1.OVERVIEW
10.2.CONNECTIVITY MARKET FORECASTS AND ANALYSIS
10.3.3G
10.3.1.Overview
10.3.2.3G Market Forecast and Analysis
10.4.4G
10.4.1.Overview
10.4.2.4G Market Forecast and Analysis
10.5.5G
10.5.1.Overview
10.5.2.5G Market Forecast and Analysis
10.6.WIFI
10.6.1.Overview
10.6.2.WiFi Market Forecast and Analysis
10.7.V2V
10.7.1.Overview
10.7.2.V2V Market Forecast and Analysis
10.8.V2I
10.8.1.Overview
10.8.2.V2I Market Forecast and Analysis
10.9.OTHERS
10.9.1.Overview
10.9.2.Others Market Forecast and Analysis
11.MOBILITY ON DEMAND MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
11.1.NORTH AMERICA
11.1.1North America Mobility On Demand Market Overview
11.1.2North America Mobility On Demand Market Forecasts and Analysis
11.1.3North America Mobility On Demand Market Forecasts and Analysis - By Type
11.1.4North America Mobility On Demand Market Forecasts and Analysis - By Service Type
11.1.5North America Mobility On Demand Market Forecasts and Analysis - By Vehicle Type
11.1.6North America Mobility On Demand Market Forecasts and Analysis - By Connectivity
11.1.7North America Mobility On Demand Market Forecasts and Analysis - By Countries
11.1.7.1United States Mobility On Demand Market
11.1.7.1.1United States Mobility On Demand Market by Type
11.1.7.1.2United States Mobility On Demand Market by Service Type
11.1.7.1.3United States Mobility On Demand Market by Vehicle Type
11.1.7.1.4United States Mobility On Demand Market by Connectivity
11.1.7.2Canada Mobility On Demand Market
11.1.7.2.1Canada Mobility On Demand Market by Type
11.1.7.2.2Canada Mobility On Demand Market by Service Type
11.1.7.2.3Canada Mobility On Demand Market by Vehicle Type
11.1.7.2.4Canada Mobility On Demand Market by Connectivity
11.1.7.3Mexico Mobility On Demand Market
11.1.7.3.1Mexico Mobility On Demand Market by Type
11.1.7.3.2Mexico Mobility On Demand Market by Service Type
11.1.7.3.3Mexico Mobility On Demand Market by Vehicle Type
11.1.7.3.4Mexico Mobility On Demand Market by Connectivity
11.2.EUROPE
11.2.1Europe Mobility On Demand Market Overview
11.2.2Europe Mobility On Demand Market Forecasts and Analysis
11.2.3Europe Mobility On Demand Market Forecasts and Analysis - By Type
11.2.4Europe Mobility On Demand Market Forecasts and Analysis - By Service Type
11.2.5Europe Mobility On Demand Market Forecasts and Analysis - By Vehicle Type
11.2.6Europe Mobility On Demand Market Forecasts and Analysis - By Connectivity
11.2.7Europe Mobility On Demand Market Forecasts and Analysis - By Countries
11.2.7.1Germany Mobility On Demand Market
11.2.7.1.1Germany Mobility On Demand Market by Type
11.2.7.1.2Germany Mobility On Demand Market by Service Type
11.2.7.1.3Germany Mobility On Demand Market by Vehicle Type
11.2.7.1.4Germany Mobility On Demand Market by Connectivity
11.2.7.2France Mobility On Demand Market
11.2.7.2.1France Mobility On Demand Market by Type
11.2.7.2.2France Mobility On Demand Market by Service Type
11.2.7.2.3France Mobility On Demand Market by Vehicle Type
11.2.7.2.4France Mobility On Demand Market by Connectivity
11.2.7.3Italy Mobility On Demand Market
11.2.7.3.1Italy Mobility On Demand Market by Type
11.2.7.3.2Italy Mobility On Demand Market by Service Type
11.2.7.3.3Italy Mobility On Demand Market by Vehicle Type
11.2.7.3.4Italy Mobility On Demand Market by Connectivity
11.2.7.4United Kingdom Mobility On Demand Market
11.2.7.4.1United Kingdom Mobility On Demand Market by Type
11.2.7.4.2United Kingdom Mobility On Demand Market by Service Type
11.2.7.4.3United Kingdom Mobility On Demand Market by Vehicle Type
11.2.7.4.4United Kingdom Mobility On Demand Market by Connectivity
11.2.7.5Russia Mobility On Demand Market
11.2.7.5.1Russia Mobility On Demand Market by Type
11.2.7.5.2Russia Mobility On Demand Market by Service Type
11.2.7.5.3Russia Mobility On Demand Market by Vehicle Type
11.2.7.5.4Russia Mobility On Demand Market by Connectivity
11.2.7.6Rest of Europe Mobility On Demand Market
11.2.7.6.1Rest of Europe Mobility On Demand Market by Type
11.2.7.6.2Rest of Europe Mobility On Demand Market by Service Type
11.2.7.6.3Rest of Europe Mobility On Demand Market by Vehicle Type
11.2.7.6.4Rest of Europe Mobility On Demand Market by Connectivity
11.3.ASIA-PACIFIC
11.3.1Asia-Pacific Mobility On Demand Market Overview
11.3.2Asia-Pacific Mobility On Demand Market Forecasts and Analysis
11.3.3Asia-Pacific Mobility On Demand Market Forecasts and Analysis - By Type
11.3.4Asia-Pacific Mobility On Demand Market Forecasts and Analysis - By Service Type
11.3.5Asia-Pacific Mobility On Demand Market Forecasts and Analysis - By Vehicle Type
11.3.6Asia-Pacific Mobility On Demand Market Forecasts and Analysis - By Connectivity
11.3.7Asia-Pacific Mobility On Demand Market Forecasts and Analysis - By Countries
11.3.7.1Australia Mobility On Demand Market
11.3.7.1.1Australia Mobility On Demand Market by Type
11.3.7.1.2Australia Mobility On Demand Market by Service Type
11.3.7.1.3Australia Mobility On Demand Market by Vehicle Type
11.3.7.1.4Australia Mobility On Demand Market by Connectivity
11.3.7.2China Mobility On Demand Market
11.3.7.2.1China Mobility On Demand Market by Type
11.3.7.2.2China Mobility On Demand Market by Service Type
11.3.7.2.3China Mobility On Demand Market by Vehicle Type
11.3.7.2.4China Mobility On Demand Market by Connectivity
11.3.7.3India Mobility On Demand Market
11.3.7.3.1India Mobility On Demand Market by Type
11.3.7.3.2India Mobility On Demand Market by Service Type
11.3.7.3.3India Mobility On Demand Market by Vehicle Type
11.3.7.3.4India Mobility On Demand Market by Connectivity
11.3.7.4Japan Mobility On Demand Market
11.3.7.4.1Japan Mobility On Demand Market by Type
11.3.7.4.2Japan Mobility On Demand Market by Service Type
11.3.7.4.3Japan Mobility On Demand Market by Vehicle Type
11.3.7.4.4Japan Mobility On Demand Market by Connectivity
11.3.7.5South Korea Mobility On Demand Market
11.3.7.5.1South Korea Mobility On Demand Market by Type
11.3.7.5.2South Korea Mobility On Demand Market by Service Type
11.3.7.5.3South Korea Mobility On Demand Market by Vehicle Type
11.3.7.5.4South Korea Mobility On Demand Market by Connectivity
11.3.7.6Rest of Asia-Pacific Mobility On Demand Market
11.3.7.6.1Rest of Asia-Pacific Mobility On Demand Market by Type
11.3.7.6.2Rest of Asia-Pacific Mobility On Demand Market by Service Type
11.3.7.6.3Rest of Asia-Pacific Mobility On Demand Market by Vehicle Type
11.3.7.6.4Rest of Asia-Pacific Mobility On Demand Market by Connectivity
11.4.MIDDLE EAST AND AFRICA
11.4.1Middle East and Africa Mobility On Demand Market Overview
11.4.2Middle East and Africa Mobility On Demand Market Forecasts and Analysis
11.4.3Middle East and Africa Mobility On Demand Market Forecasts and Analysis - By Type
11.4.4Middle East and Africa Mobility On Demand Market Forecasts and Analysis - By Service Type
11.4.5Middle East and Africa Mobility On Demand Market Forecasts and Analysis - By Vehicle Type
11.4.6Middle East and Africa Mobility On Demand Market Forecasts and Analysis - By Connectivity
11.4.7Middle East and Africa Mobility On Demand Market Forecasts and Analysis - By Countries
11.4.7.1South Africa Mobility On Demand Market
11.4.7.1.1South Africa Mobility On Demand Market by Type
11.4.7.1.2South Africa Mobility On Demand Market by Service Type
11.4.7.1.3South Africa Mobility On Demand Market by Vehicle Type
11.4.7.1.4South Africa Mobility On Demand Market by Connectivity
11.4.7.2Saudi Arabia Mobility On Demand Market
11.4.7.2.1Saudi Arabia Mobility On Demand Market by Type
11.4.7.2.2Saudi Arabia Mobility On Demand Market by Service Type
11.4.7.2.3Saudi Arabia Mobility On Demand Market by Vehicle Type
11.4.7.2.4Saudi Arabia Mobility On Demand Market by Connectivity
11.4.7.3U.A.E Mobility On Demand Market
11.4.7.3.1U.A.E Mobility On Demand Market by Type
11.4.7.3.2U.A.E Mobility On Demand Market by Service Type
11.4.7.3.3U.A.E Mobility On Demand Market by Vehicle Type
11.4.7.3.4U.A.E Mobility On Demand Market by Connectivity
11.4.7.4Rest of Middle East and Africa Mobility On Demand Market
11.4.7.4.1Rest of Middle East and Africa Mobility On Demand Market by Type
11.4.7.4.2Rest of Middle East and Africa Mobility On Demand Market by Service Type
11.4.7.4.3Rest of Middle East and Africa Mobility On Demand Market by Vehicle Type
11.4.7.4.4Rest of Middle East and Africa Mobility On Demand Market by Connectivity
11.5.SOUTH AND CENTRAL AMERICA
11.5.1South and Central America Mobility On Demand Market Overview
11.5.2South and Central America Mobility On Demand Market Forecasts and Analysis
11.5.3South and Central America Mobility On Demand Market Forecasts and Analysis - By Type
11.5.4South and Central America Mobility On Demand Market Forecasts and Analysis - By Service Type
11.5.5South and Central America Mobility On Demand Market Forecasts and Analysis - By Vehicle Type
11.5.6South and Central America Mobility On Demand Market Forecasts and Analysis - By Connectivity
11.5.7South and Central America Mobility On Demand Market Forecasts and Analysis - By Countries
11.5.7.1Brazil Mobility On Demand Market
11.5.7.1.1Brazil Mobility On Demand Market by Type
11.5.7.1.2Brazil Mobility On Demand Market by Service Type
11.5.7.1.3Brazil Mobility On Demand Market by Vehicle Type
11.5.7.1.4Brazil Mobility On Demand Market by Connectivity
11.5.7.2Argentina Mobility On Demand Market
11.5.7.2.1Argentina Mobility On Demand Market by Type
11.5.7.2.2Argentina Mobility On Demand Market by Service Type
11.5.7.2.3Argentina Mobility On Demand Market by Vehicle Type
11.5.7.2.4Argentina Mobility On Demand Market by Connectivity
11.5.7.3Rest of South and Central America Mobility On Demand Market
11.5.7.3.1Rest of South and Central America Mobility On Demand Market by Type
11.5.7.3.2Rest of South and Central America Mobility On Demand Market by Service Type
11.5.7.3.3Rest of South and Central America Mobility On Demand Market by Vehicle Type
11.5.7.3.4Rest of South and Central America Mobility On Demand Market by Connectivity
12.INDUSTRY LANDSCAPE
12.1.MERGERS AND ACQUISITIONS
12.2.AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
12.3.NEW PRODUCT LAUNCHES
12.4.EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
13.MOBILITY ON DEMAND MARKET, KEY COMPANY PROFILES
13.1.AVIS BUDGET GROUP
13.1.1.Key Facts
13.1.2.Business Description
13.1.3.Products and Services
13.1.4.Financial Overview
13.1.5.SWOT Analysis
13.1.6.Key Developments
13.2.DELPHI AUTOMOTIVE PLC
13.2.1.Key Facts
13.2.2.Business Description
13.2.3.Products and Services
13.2.4.Financial Overview
13.2.5.SWOT Analysis
13.2.6.Key Developments
13.3.FORD MOTOR COMPANY
13.3.1.Key Facts
13.3.2.Business Description
13.3.3.Products and Services
13.3.4.Financial Overview
13.3.5.SWOT Analysis
13.3.6.Key Developments
13.4.GENERAL MOTORS COMPANY
13.4.1.Key Facts
13.4.2.Business Description
13.4.3.Products and Services
13.4.4.Financial Overview
13.4.5.SWOT Analysis
13.4.6.Key Developments
13.5.IBM
13.5.1.Key Facts
13.5.2.Business Description
13.5.3.Products and Services
13.5.4.Financial Overview
13.5.5.SWOT Analysis
13.5.6.Key Developments
13.6.INTEL CORPORATION (MOOVIT INC)
13.6.1.Key Facts
13.6.2.Business Description
13.6.3.Products and Services
13.6.4.Financial Overview
13.6.5.SWOT Analysis
13.6.6.Key Developments
13.7.ROBERT BOSCH GMBH
13.7.1.Key Facts
13.7.2.Business Description
13.7.3.Products and Services
13.7.4.Financial Overview
13.7.5.SWOT Analysis
13.7.6.Key Developments
13.8.TOMTOM NV
13.8.1.Key Facts
13.8.2.Business Description
13.8.3.Products and Services
13.8.4.Financial Overview
13.8.5.SWOT Analysis
13.8.6.Key Developments
13.9.TOYOTA MOTOR CORPORATION
13.9.1.Key Facts
13.9.2.Business Description
13.9.3.Products and Services
13.9.4.Financial Overview
13.9.5.SWOT Analysis
13.9.6.Key Developments
13.10.UBER TECHNOLOGIES, INC.
13.10.1.Key Facts
13.10.2.Business Description
13.10.3.Products and Services
13.10.4.Financial Overview
13.10.5.SWOT Analysis
13.10.6.Key Developments
14.APPENDIX
14.1.ABOUT THE INSIGHT PARTNERS
14.2.GLOSSARY OF TERMS
1. Avis Budget Group
2. Delphi Automotive PLC
3. Ford Motor Company
4. General Motors Company
5. IBM
6. Intel Corporation (Moovit Inc)
7. Robert Bosch GmbH
8. Tomtom NV
9. Toyota Motor Corporation
10. Uber Technologies, Inc.
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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