Smart City

Smart City

Thursday, October 20, 2016

An integrated perspective on the future of mobility

Mobility is the lifeblood of our cities: every day, metropolitan transport systems bring people to work and to play; vehicles deliver food and essential goods, and carry away waste.

Mobility is what keeps our urban centres functioning. At the same time, mobility is a critical factor in every country’s economy both as an important sector in its own right and as a significant growth engine (or blocker) for many other industries, including the automotive, civil engineering, energy, technology, and telecom sectors.

Today, new business models introduced by companies such as Uber and Lyft are changing the way we view mobility systems, while technological innovation in the form of electrification, connectivity, and autonomy is set to bring additional opportunities to business and urban areas.

There could also be advantages for wider society: advanced transport could resolve environmental issues and improve citizens’ health. Too often, though, our mobility systems cease to function efficiently: streets become clogged – blighted by congestion and pollution – and less safe as increasing numbers of vehicles stress the available infrastructure.

These issues will come more sharply into focus as cities and suburbs expand.

By 2030, 60 percent of the world’s population will live in metropolitan areas.

The number of megacities with more than ten million people will continue to grow and with them traffic density, energy consumption, pollution, and congestion.

This combination of metropolitan expansion and rapid innovation will inevitably drive significant change – but what will the future of mobility systems look like?

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Source: BloombergMcKinsey

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