Market Research Report
Frost Radar™: Global Bikesharing Solutions Market, 2020
|Published by||Frost & Sullivan||Product code||987579|
|Published||Content info||37 Pages
Delivery time: 1-2 business days
|Frost Radar™: Global Bikesharing Solutions Market, 2020|
|Published: December 24, 2020||Content info: 37 Pages||
A Benchmarking System to Spark Companies to Action-Innovation that Fuels New Deal Flow and Growth Pipelines
As urbanization and smart city trends pick up momentum globally, bikesharing solutions will play a pivotal role in integrated mobility ecosystems by enabling end-to-end multimodal transit. Technology is creating seamless connectivity between public transit and first- and last-mile travel in the form of integrated smart cards, transaction kiosks, and mobility hubs.
The COVID-19 pandemic has forced companies to devise innovative business models that leverage changing mobility patterns. Meanwhile, technology disruption is enabling contactless services based on Internet of Things (IoT), artificial intelligence (AI), and Big Data Analytics to drive growth in the bikesharing and micromobility markets.
In the bikesharing space, highly successful solution providers offer best-in-class infrastructure to reduce customers' initial capital investments and variable operational costs while enhancing service capability and end-user experience through real-time data-driven analytics and intelligent cloud-based platforms.
While some of the leading bikeshare technology companies focus on end-to-end solutions, including full system deployments and operations management, others have taken a differentiated approach by utilizing their bikesharing systems not only for first- and last-mile transit but also to support a generation of alternative revenue streams through delivery services, outdoor advertisements, and targeted digital marketing campaigns, for instance.
In a field of more than 50 global industry participants, Frost & Sullivan independently plotted the top 12 companies in this Frost Radar™ analysis. The Frost Radar™ reveals the market positioning of each company using its Growth and Innovation scores as highlighted in the Frost Radar™ methodology. The document presents competitive profiles on each of the companies based on their strengths, opportunities, and market positioning. We discuss strategic market imperatives and the competitive environment that vendors operate in as well as make recommendations for each provider to spur growth.