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Global Micro-mobility Market to Thrive with Bike-sharing Set to Dominate by 2025
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"One of the key disruptive trends in the growth of micro-mobility services can be attributed to technology advancements," said . "Technology providers will offer a host of solutions for fleet operations and management, including infrastructure solutions such as smart docking stations and solar-powered charging stations and hardware solutions including smart locks and sensors. Advanced technologies like artificial intelligence (AI), intelligent fleet management systems and navigational systems will drive growth for the micromobility market."
Jetha added: "On a macro level, a trend which is already happening is the integration of micro-mobility with (MaaS) platforms. This convergence will enable first- and last-mile connectivity for better journeys as well as managing and catering to evolving demand-and-supply requirements more effectively."
To tap into the lucrative growth prospects created by the rising demand for micro-mobility, market participants should focus on the following:
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