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.

For more information on companies in this article

Related Content

  • Europe will have over two million public charging points by 2017
    April 19, 2012
    A new report from Frost & Sullivan - “Strategic Technology and Market Analysis of Electric Vehicle Charging Infrastructure in Europe” predicts that the electric venicle (EV) charging infrastructure market could grow from less than 10,000 charging stations in 2010 to more than two million in 2017, 3% of which would be based on very-fast charging and inductive charging. “We are awaiting that European governments will forecast a budget of €700 million over the next seven years to build a charging infrastruc
  • Future-proofing transportation with a one-stop optical network solution
    July 20, 2021
    Huawei is helping transportation customers leverage optical transmission networks to optimise their communications and ensure business survival in the fast-changing worlds of road, rail, aviation, maritime and logistics
  • Car to car communications a step closer
    December 14, 2012
    Vehicle manufacturers have targeted 2015 for the first cars to roll off European assembly lines fitted with operational V2X technology. They and their partners in the Car 2 Car Communications Consortium are confident of meeting the target, reports Jon Masters. Around three years from now vehicles should be appearing in showrooms boasting the capability of communicating with each other. Manufacturers will have started fitting the first proprietary car-to-car driver-aid safety devices and deployment of ‘vehic
  • CARTES 2014 where ‘users on the move’ is the central theme
    October 24, 2014
    A message from Isabelle Alfano, Exhibition Director, CARTES Network ‘Users on the move’ is the central theme of this year’s show. A great number of services, devices and systems are built around a new way of life made to fit users’ mobility.