The rise of the smart mobility era | The Insight Files |

In this article, Skift provides an overview of the digital and mobile transformation of transportation, the changing face of cities, and how it has the potential to upend everything known about travel. At a worldwide level, an increase of GDP translates into an increase of global wealth, which increases people's propensity to travel. An Oxford Economics study predicated the travel industry would grow 5.4% per annum for the next 10 years, outstripping global GDP. Furthermore, the world is entering the final phase of a period of explosive demographic growth that started in the mid-1960s and will lead to an increase of population to 8 billion by 2025. The new demographic will live in cities; by 2025, the UN predicts nine new megacities, with a population of over 10 million each, just in Asia. Europe, China and India are creating plans and providing funding to advance transportation networks and facilitate rapid and environmentally feasible people and goods movement. Smart mobility providers are popping up everywhere in the world, targeting all our transportation needs.