Abstract:

The transport industry has entered a period of rapid advancement, and the pace of change is only increasing. The proliferation of electric vehicles, rapid advances in autonomous vehicles, the advent of the sharing economy and digital platforms, advances in big data and machine learning, and rapidly evolving business models, such as eCommerce and Mobility as a Service (MaaS), are causing profound changes throughout the sector. The development and rollout of fifth-generation (5G) mobile broadband has the potential to not only support, but accelerate these revolutionary changes as today’s digital transport solutions evolve and entirely new opportunities become viable.