Top Mobility Industry Trends: The Future is Here!
Oct 05, 2021 Comments (0)
Are you intrigued to know about the trends and technologies that are likely to impact your mobility business highly?
It won’t be wrong to mention that there was not much of emphasis on the economic crisis caused by the use of automobiles until a few years ago. Then, the automotive industry became a golden opportunity for investors, tech companies, and more due to the rising sales of the industry.
However, now the future of mobility is taking a turn towards an environmental-friendly approach. Not only this, but manufacturers are working hard and exploring opportunities to stand out of the crowd. They are building vehicles utilizing connected, electric, autonomous, and hybrid models. In addition, numerous other technologies are also playing a vital role in the mobility industry to help it touch heights.
If you’re a part of the industry, we know you’re looking for methods to accomplish your objectives and be on top of the mobility industry. Fortunately, it is precisely what we’ll be highlighting in this article.
So, are you ready to witness the mobility industry trends that’ll drive the future?
Top Mobility Industry Trends in 2021 and Beyond
Autonomous driving technology is being emphasized for quite some time now and is one of the industry’s most promising areas. The trending tech aims at reducing human unpreparedness to make driving a safer experience.
The tech is integrated with AI algorithms and advanced driver assistance systems to make the transportation mechanism efficient at its best. Not only AI, but manufacturers are also working on the incorporation of smart sensors and more.
For the advancement in the growth of e-mobility and encouraging sustainable mobility, an enhancement in the mechanism of EV charging, data analytics, and security is vital. Undoubtedly, electric vehicles offer exceptional benefits; however, there come numerous hurdles on the road to success, especially during the COVID-19 period.
Therefore, to eliminate the complications, startups are introducing efficient solutions for the world to adopt EVs.
Internet of Things (IoT)
We all are familiar with the concept of the exchange of data, popularly known as IoT. For example, talking about the mobility industry, data exchange happens amongst vehicles using the internet connection.
The industry’s focus has been shifted to the safety of the passengers; thus, connectivity is offered via numerous methods, including smartphone-based apps. In addition, IoT tech enables efficient tracking of vehicle-related information for purposes like insurance, driver safety, etc.
Micro-mobility is a powerful tool that is receiving tremendous fame for its convenience and sustainability. It tackles the vehicle’s greenhouse gas emissions and provides fuel-efficient solutions.
E-bikes are a popular example that is highly attracting its users to switch to the same for daily commuting instead of vehicles that could harm the environment.
Notably, Artificial Intelligence is boosting applicability along with the utilization of Machine Learning algorithms. AI initiates the building of apps that promote automation and advanced data analytics. The solutions built from using AI and ML enhance the overall experience of self-driving cars, managing fleets, assistance to drivers, and more.
Smart infrastructure is an approved foundation for building smart cities. The mechanism is not only restricted to smart roads, automated parking, etc., but also works with the roadside signals that direct the drivers.
For instance, AI-integrated systems make use of advanced sensors to interpret the environment and make data-driven decisions.
Augmented and Virtual reality (AR & VR)
One of the biggest challenges for the mobility industry is to reduce the ratio of road accidents. Notably, numerous startups have built AR-based solutions for the same, including head-up displays that reduce driver’s distractions.
Additionally, a few other AR & VR apps enable companies to provide simulations in absence of the customers or cars.
In a Nutshell
The mobility industry trends mentioned in this article will drive the future in 2021 and the upcoming years. The technologies highly contribute to the sustainability of the environment, and it is building a solid user base rapidly.
Ankit Singh is a seasoned entrepreneur, who has crafted a niche for himself at such a young age. He is a COO and Founder of Techugo. Apart from holding expertise in business operations, he has a keen interest in sharing knowledge about mobile app development through his writing skills.