Mobility Sector Needs To Prepare Themselves For Future

All modern Economics is based on the mobility sector. There are a variety of purposes across locations and geographies that enables the most important constituents. The wide variety of purposes includes young, old, productive, non-productive, students, family etc.

Everyone moves around the mobility sector. The survey says 10-15% income of Indian households spends on the mobility sector. There is a rapid transformation in the sector for the last past few years. All the major changes happen because of the over usage of the internet. An increase in usage of the internet hike the price of the mobility sector.

Smartphones giving all kinds of services by taking the advantage of the internet. The cab-hailing services like ola uber are now making a huge customer segment which could not afford by them before. The Internet has made their path so easy as they getting their location by the maps and it also helps the customer to find them as well.

Survey says in Mumbai is 4 rides in a day and now its 16 means its changes a lot by the improvisation of the mobility sector as on internet has given a huge opportunity to all the people over there. Not one the technology increases the quality of this but also the million people use this to make this successful.

In the past decade, with railways suffering from a quintessential capacity crunch, and airlines, taxis and personal vehicles still unaffordable for the majority of Indians, buses have emerged as the most popular choice for intercity and interstate travel.

Despite a large number of consumers, the entire inter-city bus travel experience is broken. RedBus noticed this over 10 years ago and built a very successful company by solving the discovery and booking piece of the puzzle.  Technology will aggregate this space and bring standardization to the experience.