Skip to main content

Automotive players targeting corporate mobility

Offering services that facilitate an integrated door-to-door business travel management solution is one of the main focus areas for growth and investment in 2015 in the automotive industry, according to Frost & Sullivan. With the business travel market worth US$1.3 trillion (GBTA), there is an increasing trend towards companies using online booking tools and cloud based services to plan, book, and expense/account business trips. Automotive market players are working to have their share of the future corpora
April 14, 2015 Read time: 3 mins
Offering services that facilitate an integrated door-to-door business travel management solution is one of the main focus areas for growth and investment in 2015 in the automotive industry, according to 2097 Frost & Sullivan. With the business travel market worth US$1.3 trillion (GBTA), there is an increasing trend towards companies using online booking tools and cloud based services to plan, book, and expense/account business trips. Automotive market players are working to have their share of the future corporate mobility market by creating new mobility business models, some by rebranding as business mobility providers.
 
“There are several mobility providers making a shift, such as 1731 BMW Alphabet or 5814 LeasePlan, having previously been traditional leasing companies, now targeting customers with more flexible solutions, offering corporate car-sharing or a mobility mix of services,” says partner and Global Practice director Automotive & Transportation, Sarwant Singh. “The rising digital technology capability turns car companies into service providers and makes it crucial to develop pioneering business models to secure one’s share of the market.”
 
To present and discuss potential new mobility business models for the automotive as well as related industries, Frost & Sullivan has organised its annual industry event Intelligent Mobility: Business Models in Connected and Automated Mobility on 1 and 2 July at the House of Lords as well as the Royal Garden Hotel in London.
 
“According to a recent customer survey conducted by our research team, there is a revolutionary shift underway in the corporate mobility space, linking smart solutions from several adjacent industries, such as Fleet, Travel and Expense Management to the general mobility industry, which results in changing customer preferences towards new business models, such as car-sharing, ridesharing, and parking services,” further outlines Mr. Singh. “There is a high interest in deploying such solutions over the next two years. The number of companies entering the corporate cars-haring market increased from 13 in 2013 to 20 last year, with most car rental and leasing firms present, and the entry of vehicle manufacturers 2125 Audi and 2069 Daimler.”
 
Besides focusing on the development of the corporate mobility market as well as future mobility business models and trends as well as new mobility business models, Intelligent Mobility will bring together industry experts on autonomous vehicles, connected cars, big data in automotive, cyber security as well as e-commerce platforms. The conference will be complemented by the Frost & Sullivan Intelligent Mobility Awards Banquet, a black tie evening and gala dinner.

Related Content

  • January 19, 2017
    Auto OEMs ‘focus on opportunities in infotainment, digital instruments’
    One in every four passenger vehicles sold by 2025 is poised to feature digital instrument clusters, dedicated passenger infotainment systems, and integrated biometrics with bought-in device functionality, says Frost & Sullivan. Original equipment manufacturers (OEMs) are tackling the design of components that are in line with fast-changing technology trends and customer expectations. “The luxury segment car of the future will have augmented reality HUD, OLED displays, interactive cabin doors and windows,
  • November 30, 2015
    Car-sharing service membership will grow to 26 million worldwide in 2020
    According to a new research report by Berg Insight, the number of users of car-sharing services worldwide is forecasted to grow from 6.5 million people in 2015 at a compound annual growth rate (CAGR) of 32.0 per cent to reach 26.0 million people in 2020. Berg Insight forecasts that the number of cars used for car-sharing services will grow at a compound annual growth rate of 29.6 per cent from 123,000 at the end of 2015 to 450,000 at the end of 2020. Car-sharing is one of many car-based mobility service
  • July 21, 2015
    Imaging technologies to reduce driver distraction ‘expected to gain traction by 2020’
    Frost and Sullivan’s latest report indicates that following a series of high-technology head up display (HUD) roll-outs, the automotive industry appears keen to adopt the imaging technology with the widest field of view (FOV) of up to 12 degrees x 5 degrees. Another HUD product feature to improve considerably is the brightness of virtual images, which increased up to 15000cd/m², even with lower power consumption. Digital light processing (DLP) and laser display are emerging as compelling alternatives to the
  • April 28, 2020
    Zuora: MaaS comes to the masses
    The shift from ownership to usership in the subscription economy provides opportunities for the whole of the mobility sector for the next decade and beyond, says John Phillips of Zuora