IoT will redefine urban mobility

The latest edition of the IoT Predictions Report explores how IoT (internet of things) technology will play a key role in overcoming many of the challenges that urban mobility is facing today. The IoT Prediction Report is intended for C-level executives and decision makers as well as those interested in the underlying trends shaping both the industry and societies.

As high energy prices contribute to rising inflation and slowed global growth, the uncertainty of the economic outlook is putting pressure on consumers and affecting their spending power and transportation choices.

“We see that societal factors are affecting urban mobility patterns more than ever before,” says Mats Lundquist, CEO at Telenor Connexion and Head of Telenor IoT. “This means that demand for flexible, efficient, affordable, and sustainable means of transportation is increasing far too rapidly for companies to meet on their own. Organizations and industries that work together to connect their services across ecosystems will find themselves perfectly placed to benefit from these shifting trends.”

Governments around the world are striving to meet greenhouse gas targets, while increased demand for modern alternatives like micro mobility, shared mobility, and the digitalization of public transportation has led to fluctuating mobility preferences in metropolitan areas.

“This report serves to strengthen the argument for the adoption of IoT across the transportation sector,” explains Bengt Nordström, Managing Director of Accenture Strategy and Consulting. “We foresee that manufacturers, service providers and connectivity services will need to collaborate on the implementation of the infrastructure needed in order to keep up with innovative urban behavior.”

CT Bureau