M360 APAC Smart Mobility Summit

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From the ground to the sky: booming intelligent connected vehicles and urban air mobility  

Whether by air or land, the new era of connected vehicles and urban air mobility is thriving, particularly in the APAC region. On the ground, the APAC connected vehicles market is predicted to be worth USD 42.24 billion in 2024, ranking as one of the leading markets. Among all, the electric vehicle market is fastest growing, with the APAC region already taking up the 62.53% of the market share for all electrical vehicles in 2023*. While in aviation, Japan will begin eVtol commercial flights in time for the 2025 World Expo in Osaka. South Korea has several UAM plans ongoing with the first commercial service expected to start also in 2025, making next year an important milestone to watch for. Companies around the world are definitely looking at this burgeoning mobility market.

Autonomous driving, drone parcel delivery, and flying taxis for daily commutes are just a few examples of the numerous possibilities that the mobility future brings. As 5G, AI and data technology mature, it will reshape autonomy, connectivity, electrification, and sustainability, therefore revolutionising the entire production, infrastructure, logistics, and the end product of the mobility industries. Evolving regulations and commercial developments are also in place, providing an ideal opportunity to accelerate the boom.

Join us in this session to learn about the new age of mobility future. Industry experts will give unique insights into innovative connectivity solutions, commercial opportunities, standardisation, and how mobile operators may help grow this business.

*Source: https://www.mordorintelligence.com/industry-reports/asia-pacific-internet-of-cars-market-industry
** Source: https://www.mordorintelligence.com/industry-reports/electric-vehicle-market