Automotive industry trends 2020Nigeria Automotive Report 2010-2025 features historical information and insights plus professional forecast on new autos sales by type, manufacturer, brand and model delivering an straightforward-to-use picture of current and future competitive landscape. The evolving digital way of life expectations and demands for new and revolutionary solutions will affect all elements of the digitalization of the business. Even so, according to Frost & Sullivan, it will be most visible within the emergence of Mobility as a Service (MaaS). Increasingly, a readiness to combine different modes of transportation is shaping the industry. The lines among public and private transport are becoming blurred in favor of a multi-modal integrated transportation technique encouraging the emergence of models such as wise ticketing, multi solutions and aggregated booking.
Overlook each joke you have ever heard about used automobile salesmen. Thanks to AR, a lot of folks right now are not even stepping foot in a automobile showroom to test drive a vehicle. They can experience how the vehicle drives, sounds, and feels, all from the comfort of their personal residences. And with apps like Fair , they can even acquire them without ever speaking to a dealer. This variety of digital marketplace for automotive will have far-reaching implications. For a single, dealers will need to have to carry less inventory onsite—and they will need to have to employ fewer dealers. Shoppers will also be more empowered with accurate-to-life details about the high quality of the vehicle—its documented history—and provide chain—before making a purchase. Car sharing will also continue to be well-known as Lyft and Uber continue develop. Companies like go2Car will continue to make a dent in the shared automobile space, in the end producing unnecessary to own your own vehicle.
The existing relative competitive advantages of the labour and utilities expenses will … Read More