Start-ups ‘steering growth and innovation in global automotive and mobility industry’

From devising driver monitoring systems to mapping services and driver safety data on the go, start-ups are rapidly emerging in every technological vertical in the automotive space, say Frost & Sullivan researchers. Over 1,700 start-ups are focusing on developing technologies that enable electrification, autonomous cars and mobility solutions to reduce the cost of ownership and enhance user experience. Meanwhile, original equipment manufacturer (OEM) start-up initiatives such as BMW Start-up Garage, the JLR
May 24, 2017 Read time: 2 mins
From devising driver monitoring systems to mapping services and driver safety data on the go, start-ups are rapidly emerging in every technological vertical in the automotive space, say 2097 Frost & Sullivan researchers. Over 1,700 start-ups are focusing on developing technologies that enable electrification, autonomous cars and mobility solutions to reduce the cost of ownership and enhance user experience.


Meanwhile, original equipment manufacturer (OEM) start-up initiatives such as 1731 BMW Start-up Garage, the JLR Incubator Program, 278 Ford Mobility and 1959 GM Ventures, are fuelling start-up investment and the race to bring autonomous electric mobility to market.

The analysis, Start-ups Disrupting the Global Automotive and Mobility Industry, 2016-2017, finds the total start-up funding across various technological verticals garnered US$1.55 billion in 2016, with major investment focused on mobility, electrification and connected car technologies.

“By 2025, mobility solution revenue is expected to reach €1.89 trillion, and OEMs will look to capitalise on this by acquiring or investing in mobility start-ups across the globe,” said Frost & Sullivan Mobility Industry Analyst Ramnath Eswaravadivoo. “Tier 1 suppliers are also engaging in acquisitions and investments in start-ups in order to enhance their existing portfolio, gain a competitive edge, and become one-stop solution providers as evinced by Delphi’s acquisition of Movimento, Microsoft’s acquisition of Maluuba, and 6328 Harman’s investment in aftermarket head-up display provider Navdy.”

“In the future, all OEMs will look toward digitalisation of their ecosystem; Increasing digital retail and adoption of blockchain technologies will be critical success factors,” noted Eswaravadivoo.

For more information on companies in this article

Related Content

  • Brodmann17 joins 5G lab after ADAS tests 
    January 17, 2022
    Brodmann17 has already made its tech available to partners Intel, Microsoft and T-Mobile 
    Read More
  • Focus on trust as key to growth in mobile payments at CARTES 2013
    October 31, 2013
    The Mobile Payment and Smart Shopping areas at November’s CARTES Secure Connexions Event will focus on innovations and advanced technologies in mobile payments – while a conference entitled “Your future is mobile: Trust it!” will be chaired by Sirpa Nordlund, Executive Director of Mobey Forum, and will highlight the latest developments. Things are moving fast: the speed and scale of the mobile revolution has exceeded most expectations and the numbers speak for themselves: almost half the world’s population
    Read More
  • Lacroix Group completes strategic expansion
    July 1, 2015
    French technology group Lacroix has recently made two strategic acquisitions, enabling it to expand its international presence, to develop in the smart cities sector and to capitalise on new growth areas. The acquisition of Spanish company DSTA enabled Lacroix to expand its offering in variable message signs, traffic signals and public transport information panels, making it more competitive while providing its customers with proven end-to-end technological solutions. By acquiring SOGEXI, the French s
    Read More
  • Ford announces winners of Innovate Mobility Challenge
    January 9, 2015
    Ford has announced the winners of its latest Innovate Mobility Challenge series, an open-innovation approach to discovering mobility solutions around the world and a key aspect of Ford Smart Mobility, the company’s program of innovation in mobility, connectivity and autonomy. Winning solutions tackled mobility challenges including the delivery of healthcare, reducing traffic congestion and optimising the transportation of goods – all aimed at helping people overcome growing transportation challenges worl
    Read More

Highlighted Content