Mobility-as-a-service subscriber revenue to increase 900% by 2027
A new study by Juniper Research has found that MaaS (Mobility-as-a-Service) subscribers will generate $53 billion (€45.27 billion) in revenue for MaaS platform providers by 2027; rising from $5.3 billion (€4.53 billion) in 2021. MaaS is the provision of multimodal end-to-end travel services through single platforms, by which users can determine an optimal route and price.Read More
Effective integration will improve mobility in the transport and logistics sector over the next five years
With 71% of global industry leaders believing that mobile-first technologies will be critical to the delivery process in the next five years, the focus for transportation and logistics (T&L) organisations needs to be on integration of new and existing systems to keep their expansion plans on track.Read More
What’s the difference between telematics and vehicle tracking?
Telematics and vehicle tracking are often used interchangeably. But for a business, the system you employ can make all the difference. At Better M2M we supply M2M SIM cards for both vehicle tracking and telematics systems, but how do you know what is going to bring the most benefit to your business?, asks Nick Lockley, CEO of BetterM2M.Read More
Siemens Mobility acquires Sqills, a rail software provider
Siemens Mobility has signed a binding agreement to acquire the Netherlands based company Sqills, a provider in the provision of cloud-based inventory management, reservation, and ticketing software to public transport operators around the world.Read More
Hitachi Rail agrees to acquire Thales’ ground transportation systems business for €1.66bn
Hitachi, Ltd. and Hitachi Rail agreed to acquire Thales‘ Ground Transportation Systems business for an enterprise value of €1,660 million. The final purchase price will be determined after customary adjustments typical for a transaction of this nature.Read More
Smart transportation market growth due to rising population demands, increased safety and convenience
The global smart transportation market was valued at US$57.9 billion (€48.74 billion) in 2018 and is expected to reach US$191.3 billion (€161.03 billion) in 2026, growing at a compound annual growth rate (CAGR) of 16.4% during the forecast period.Read More
Reliable and secure connectivity to build the post-COVID world of transport
This article first appeared in Transport 360 magazine.
The past year of immense changes within the transportation industry has catapulted enterprises faster into the digitalisation process than they could ever have previously imagined.Read More