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SOURCE Frost & Sullivan
New business models in mobility will lead to wide-scale disruption, finds Frost & Sullivan's Mobility team
SAO PAULO, Jan. 2, 2018 /PRNewswire/ -- The Latin American market is rapidly embracing new mobility business models with a focus on an on-demand, integrated, multi-modal mobility network, driven by changing demographics, preferences, and technology. Frost & Sullivan finds that converging trends will lead to a paradigm shift from vehicle ownership to vehicle usage. Mobility solutions such as eHailing, bike sharing, and integrated mobility, are experiencing significant growth following enthusiastic consumer adoption. In addition, municipalities are looking for ways to include new mobility services within the modality mix. It is, therefore, imperative for stakeholders in the mobility value chain to develop innovative business model solutions to achieve long-term business sustainability and create new avenues for revenue growth.
Frost & Sullivan's recent analysis, Latin America New Mobility Business Models, Forecast to 2023, explores the market for, and impact of, new business models in Latin America, and analyzes the growing trends in shared and integrated mobility toward 2023, focusing on Argentina, Brazil, Chile, and Mexico.
For more information, please visit: http://frost.ly/22u
Key insights uncovered by Frost & Sullivan include:
"Wide-scale disruption with the entry of new mobility business models is heavily impacting traditional market structures and the positioning of traditional ecosystem participants among the new competition. This leads to changes in terms of regulations, investments and market structure," said Yeswant Abhimanyu, Latin America Mobility Research Manager. "It is vital for stakeholders to discuss how these new solutions aimed at the better use of existing structures can be included as a part of the public and private mobility mix. In addition, investment in infrastructure in order to enable more integrated and cost-effective services, through direct and indirect incentives, is pivotal. Infrastructure is the bedrock of a well-functioning mobility."
Latin America New Mobility Business Models, Forecast to 2023, is part of Frost & Sullivan's Global Mobility Growth Partnership Service program.
About Frost & Sullivan
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Latin America New Mobility Business Models, Forecast to 2023
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