Oliver Wyman Forum At SXSW: What's Next For Urban Mobility?

Oliver Wyman Forum at SXSW

Wednesday, March 13, 2024

11:30am-12:30pm CT

Hilton Austin Downtown, Salon F

 

Climate change, economic pressures, and urbanization are forcing cities to rethink transportation. As AI, autonomous vehicles, urban air mobility, and other innovations reshape the mobility industry, cities must embrace new business engines to sustain our transportation and energy needs. This session brings together business, tech, and transit leaders to roadmap the future of urban mobility. Join us to reimagine tomorrow’s high-tech, sustainable city streets.

 

Register for the Oliver Wyman Forum's panel at SXSW.

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The Urban Mobility Readiness Index

Record-breaking heatwaves, economic pressure, and supply chain shifts have dominated headlines and disrupted urban vitality in 2023. And yet, cities who have ambitious and resilient mobility blueprints can safeguard themselves against these risks and remain hotbeds for business.

 

These cities top our Urban Mobility Readiness Index, a forward-looking ranking of how well-positioned cities are to lead mobility’s next chapter, co-created with the University of California, Berkeley. Where does your city rank?

The Road to 1.5°C

Cities can make strides in lowering their carbon footprints by focusing on transport emissions. The key is to strike the right balance in how different modes – from mass transit to personal cars and cycling – are used. 

New research from the Oliver Wyman Forum offers individualized solutions for major global cities to help them meet their climate targets with sustainable mobility. Our research considers each city's own unique set of variables, like infrastructure, geography, and demographics.

 

Explore our detailed roadmap for how 12 global cities can lower their mobility emissions.

How Urban Mobility Will Change by 2030

A wave of shared and digital services is transforming mobility with options that go beyond traditional public transport and privately owned cars. Applications have accelerated the deployment of new modes and services, reshaping urban and suburban travel. These new services are expected to grow over the next decade about twice as fast as traditional mobility, with potential benefits for climate, pollution, and the livability of cities.

 

To gauge the impact, the Oliver Wyman Forum and the Institute of Transportation Studies at the University of California, Berkeley analyzed 13 services in three regions: North America, Europe, and Asia.

 

The study projected an average growth of almost 10% a year over the current decade through 2030, compared with 5% for the overall mobility sector. The new services are expected to generate annual revenue of $660 billion in 2030, up from $260 billion in 2020.

 

Read the report to learn how urban mobility is rapidly evolving.