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

  • Swarco to exhibit new technologies at Parkex
    May 20, 2016
    Swarco – Parking & eMobility UK (formerly APT Controls Group) is exhibiting a range of intelligent technologies from three of its businesses units that enhance the customer journey and parking experience at Parkex on 15 and 16 June in Coventry. APT Skidata will be showcasing its SWEB Business Services and SWAPPAccess payment solutions, which, in conjunction with existing Skidata products can reduce operator costs and enhance the customer experience when parking. APT Skidata’s cloud based Business Service
  • ITS market size projected to reach US$66.5 billion by 2024
    October 13, 2016
    The global intelligent transportation system (ITS) market is expected to reach US$66.5 billion by 2024, according to a new report by Grand View Research. The usage of ITS to reduce road accidents and increase safety is a major driving force for the ITS market. Demand for vehicle-to-vehicle (V2V) and vehicle-to-infrastructure (V2I) communication in order to enhance road safety is expected to gain momentum over the forecast period. The continuous progression and development have become a crucial need for b
  • Growing use of safety technologies in new vehicles appeals to drivers
    July 23, 2015
    The safety-related technologies that manufacturers are increasingly equipping their new vehicles with are making those vehicles more appealing to their owners, according to the J.D. Power 2015 U.S. Automotive Performance, Execution and Layout (APEAL) Study. The APEAL Study, now in its 20th year, is the industry benchmark for new-vehicle appeal, examining how gratifying a new vehicle is to own and drive. Owners evaluate their vehicle across 77 attributes, which combine into an overall APEAL Index score th
  • MaaS Market Conferences on both sides of the Atlantic in 2018
    December 20, 2017
    Momentum shift in prospect as authorities accelerate plans to rethink transport provision. TS International’s second, two-day international MaaS Market conference takes place on 20 and 21 February 2018. The Mobility as a Service (MaaS) event is ideal for all organisations exploring new ways of getting people to their destination and new methods for them to pay for transport services.