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billion in 2020 to 200 billion in 2030, says Frost & Sullivan. March 4, 2021 – Frost & Sullivan’s recent analysis, Future of Connected Living , reveals that the device-to-person ratio will exceed 20 to 1 by 2030 as the world enters the era of hyperconnectivity and catapults organizations’ digital transformation. .
million by 2030 in North America and Europe. From 2023 to 2030, eScooter sharing is anticipated to outpace bike-sharing revenues, potentially accounting for 60% of the micromobility market. By 2030, North America’s micromobility fleet is expected to represent only 21% of Europe’s, indicating room for significant expansion.
The recent partnership between German auto giant, BMW, and leading cloud computing solutions provider Amazon Web Services (AWS) underlines the critical need for effectively handling, processing, managing, and protecting vehicle data at a time when the automotive ecosystem is being transformed by C.A.S.E.
between 2022-2030. Another aspect of collaboration will require OEMs to work with ecosystem stakeholders, including governments and insurance companies to establish regulatory clarity. This objective will be reinforced by regulatory impetus.
Automated data collection and analysis across the freight transportation ecosystem will help shippers, carriers, and other service providers to actively support customers with supply chain risk mitigation capabilities. As in other industries, the use of AI and ML in the telematics industry will expand.
A recent study by PwC (2020) estimates that blockchain technology has the potential to boost global GDP by $1.76 (USD) trillion by 2030 through five main areas. Blockchain technology is expected to contribute to the global economy in many ways. What are the biggest challenges to adopting blockchain technology in supply chains?
Original equipment manufacturers (OEMs), Tier 1 suppliers, insurers, tech companies, and service providers are leveraging this data for predictive maintenance, feature upgrades, and even hyper-personalized in-vehicle experiences. Service providers are creating insurance models based on driver behavior. billion in 2024 to 2.98
Better Connectivity with AI Integration: By integrating advanced data analytics with 5G technology across vehicles, were moving towards a more intelligent and efficient automotive ecosystem. The economic benefits, projected to be $1 trillion by 2030, underscore the transformative potential of this technology.
Hensher and Sampo Hietanen represents a paradigm shift, embedding transportation solutions directly into existing platforms such as insurance applications, e-commerce sites, and hotel booking services. Mobility as a Natural Extension of Digital Ecosystems Frost & Sullivan projects the MaaF market to reach $1.24
Historically, Trump’s administration emphasized “market-based” solutions, including high-deductible health plans, Health Savings Accounts (HSAs), and short-term health insurance options. million by 2030. Growth for Insurers: Expanding market share through customized plans tailored to consumer needs. What could Trump 2.0
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