Corporate Mobility Solution Providers Leverage a Sophisticated, Partnership-based Ecosystem
July 31, 2017 | Frost & SullivanEstimated reading time: 2 minutes
The rapid adoption of corporate mobility solutions in the environment-conscious European market has opened up several partnership opportunities for mobility service providers. By integrating fleet management, travel management, and expense management, corporate mobility players are able to offer companies solutions based on total cost of mobility rather than total cost of ownership.
Retailing Digitalisation Frost Sullivan Mobility.jpgEuropean Corporate Mobility Market, 2016 is part of Frost & Sullivan’s Automotive & Transportation Growth Partnership subscription. According to the study, technological advancements and an expanding mobility partner network will foster partnerships, mergers and acquisitions, and diversifications across systems and services. It covers usage levels as well as the key needs, pain points and future interests of companies in the markets of France, Germany, the UK, Belgium and the Netherlands.
“With the emergence of new, flexible working practices for employees, there will be a vast market for new mobility models and self-service-style corporate mobility solutions,” said Frost & Sullivan Mobility Research Analyst Ankita Mukherji. “As the majority of companies employ multi-modal solutions, corporate mobility service providers need to focus on developing integrated solutions that are flexible and versatile enough to meet diverse end-user needs. So far, European companies have shown a preference for corporate carsharing, integrated mobility platforms, and mobility budgets.”
The following trends emerged from the countries surveyed:
- The Netherlands has the highest percentage of companies with high adoption potential, followed by Germany;
- Belgium and France has the most experience in service adoption; and
- Germany and Belgium deemed fleet and travel management to have the greatest possibility of integration.
Mobility management solution providers have identified a huge market for their products, but are still battling challenges stemming from corporate policies. For instance, restrictions placed by organisations on the services the employee can access through company-provided devices can limit the adoption of their solutions. Besides, integrated mobility will need to interface with customers’ systems, and this can present technological complexities. Finally, the introduction of a new technology will meet with resistance from several stakeholders, especially for solutions that cut across all employee levels.
“To win over reluctant adopters, corporate mobility service providers could offer a mix of traditional services and new mobility solutions,” noted Mukherji. “A survey of market players reveals the opportunity to sell Management Information-as-a-Service, as 31% of companies do not actively manage their environmental footprint. Furthermore, with 46% of respondents investing in mileage tracking, mobility service companies could create additional revenue streams by providing telematics services.”
About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants. For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community.
Suggested Items
Simbe Partners with Plexus to Scale Manufacturing and Meet Global Retail Demand
05/08/2024 | Globe NewswireSimbe, the leading provider of Store Intelligence™ solutions that increase retailer performance through unprecedented visibility and insights, today announced a partnership with Plexus Corp. to bring its best-in-class retail robotics-as-a-service to market quickly and at global scale.
IDTechEx Discusses Low-Loss Materials: The Enabler of Future Connected Vehicles?
05/06/2024 | IDTechExFuture connected vehicles will offer future drivers a safer, smoother, and more convenient driving experience. Not only will drivers get access to more navigation and entertainment options, but they will also gain access to safety technologies that will potentially reduce accidents, improve congestion, and reduce emissions globally by allowing vehicle safety systems to communicate with each other and with city traffic infrastructure.
HBM Prices to Increase by 5–10% in 2025, Accounting for Over 30% of Total DRAM Value
05/06/2024 | TrendForceAvril Wu, TrendForce Senior Research Vice President, reports that the HBM market is poised for robust growth, driven by significant pricing premiums and increased capacity needs for AI chips.
Tablet Shipments Show Signs of Recovery in Q1 2024
05/06/2024 | IDCAfter more than two years of decline, worldwide tablet shipments posted modest year-over-year growth of 0.5% in the first quarter of 2024 (1Q24), totaling 30.8 million units, according to preliminary data from the International Data Corporation (IDC) Worldwide Quarterly Personal Computing Device Tracker.
Industrial PC Market Size to Record $1.75 Billion Growth from 2023-2027
05/03/2024 | PRNewswireThe global industrial pc market size is estimated to grow by USD 1.75 billion from 2023 to 2027, according to Technavio. This growth is expected to occur at a Compound Annual Growth Rate (CAGR) of almost 6.29% during the forecast period.