Frost & Sullivan’s recent analysis of the Indian shared mobility industry finds that rapidly increasing urbanization in the country presents an opportunity for an integrated, multimodal transport system. Shared mobility presents promising solutions to meet India’s increasing demand for transportation services.

Frost & Sullivan’s recent research finds that the global shared mobility market is expected to grow from $731.8 billion in 2020 to $1.55 trillion by 2030. Mobility-as-a-Service and autonomous mobility will lead to an uptake in technology-enabled safe transport and create key growth opportunities.