Key Trends in Smart Mobility
According to international law firm CMS’s Global Infrastructure Report - Connected Future (just released) the most significant change in smart mobility will be the mass deployment of autonomous vehicles (AVs).
The phenomenon is set to open up new revenue streams and challenge established business models.
Other trends include infrastructure that requires big data. Enabled by 5G networks, vehicle-to-vehicle (V2V) and vehicle-to-infrastructure (V2I) will lead to an increase in the amount of data generated. For this to work, countries must improve 4G and 5G networks.
Smart ticketing and digital railways are set to increase revenue streams. Through the digitisation of signalling, payments and ticketing, the railway industry will boost the performance of assets but investment in signalling is vital to increase capacity and meet demand.
Private funding is vital to retrofit existing roads and build new ones for the mass deployment of AVs to be viable. This will include fibre networks, gantries, cameras and traffic lights alongside standardised AV-compatible paintwork and road signs.
Car parks transformed
The take up of MaaS (Mobility-as-a-Service) could reduce the need for city centre parking, there’s likely to be in increased need for large suburban car parks catering to ride-hailing fleets.
Public transport requires a technology upgrade to stay competitive. Ride hailing could compete directly with public transport systems, railways and metros. Investment in more user-centric and personalised travel experiences will help alleviate this.
Increased need for cyber security investment
The implementation of smart mobility and digital transport technologies will make them vulnerable to security attacks. But the more immediate problem is that players in the smart mobility sector are becoming custodians of customer data, which must be kept secure. That demands constant vigilance and security updates.