Published Mar 31
Micromobility services play a critical role in bridging the gap between first- and last-mile connectivity as they provide mobility options for traveling distances less than 5 km. These services are offered through the dock-less, station-based, or hybrid models, which enable commuters to drop off the vehicle at any place according to their convenience. These models, therefore, facilitate in bridging the gap between first- and last-mile transportation. Micromobility service providers are offering bike sharing, scooter/motorcycle, and kick scooter sharing services for travelling shorter distances. Thus, the increasing need to bridge the gap between first-and last-mile connectivity and mounting investments being made in micromobility solutions are opening revenue streams for telematics solution providers, thereby driving the micromobility telematics market growth, with the market expected to advance at 26...
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