The Decade of New Mobility
During the last two decades, we have witnessed the rise of disruptive forces pushing boundaries in the transport and ride-hailing sectors. Uber, Grab, Lyft, Didi and a host of others have helped to cross the digital divide by breaking previous limits and opening up new frontiers.
In this decade, forces of transformation such as new emission standards, changes in consumer lifestyle and habits, rise of automation and a host of other factors will shape new ways of thinking making way for a decade of new mobility.
By the end of the decade, the current poster boys of disruption will be consigned to the dustbin of history because consumer aspirations will only be delivered with business models that are aligned with transformative possibilities.
By around 2023, Mobility as a Service (MaaS) will proliferate and will utilise both existing and emerging systems to offer the consumer a powerful end product that will change what it means to travel.
Towards the end of the decade, airlines, rails, bus services and other modes of travel will become intermediaries between the consumer and mobility providers who can solve the first and last mile problem.
Around 2025, autonomous vehicles will scale safety and regulatory hurdles and become highly commercialised making way for a new generation of shared, end to end, seamless travel.
If AVs are to succeed, they will be deployed in commercial scale by mobility providers to the benefit of end users, hence, the rise of AV’s will revolutionise the architecture, structure and sustainability of the automotive industry.
As a result, around half of existing automotive producers that will remain will become niche players in the race towards the future.
From 2023 onwards, we will start to witness the rise of ‘metatravel’, that is, witnessing travel and tourism realities in the metaverse.
Yeah, travelling to the Eiffel tower together with a cousin in New York and the other one in Beijing in the metaverse may not be your cup of tea, but it sure could be how Generation Alpha will choose to live.
Get ready for the decade of revolution.
