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The Next Frontier for Urban Innovation and Smart Mobility

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1 September 2022

Malaysia recognises the importance of optimising smart mobility strategies to revolutionise current transportation networks. Transportation in the country is gradually evolving, as society and communities are open to embracing smart mobility that gets them to where they need to be in a timely and safe manner, and at the same time enabling convenience.

The global market size of car-sharing is expected to reach over USD6.5 billion in value by 2027, according to Global Market Insights Inc. The government plans to reduce traffic congestion in Malaysia and advance smart mobility through big data development and the Internet of Things (IoT), exemplified by the Malaysian Intelligent Transport System (ITS) Blueprint (2019-2023). The blueprint has five objectives: Seamless Intelligent Mobility, Congestion-Free Network, Safety, Commercial Vehicle Operation, and Collaboration Between Agencies.

Malaysia recognises the importance of optimising smart mobility strategies to revolutionise current transportation networks. Transportation in the country is gradually evolving, as society and communities are open to embracing smart mobility that gets them to where they need to be in a timely and safe manner, and at the same time enabling convenience.

The global market size of car-sharing is expected to reach over USD6.5 billion in value by 2027, according to Global Market Insights Inc. The government plans to reduce traffic congestion in Malaysia and advance smart mobility through big data development and the Internet of Things (IoT), exemplified by the Malaysian Intelligent Transport System (ITS) Blueprint (2019-2023). The blueprint has five objectives: Seamless Intelligent Mobility, Congestion-Free Network, Safety, Commercial Vehicle Operation, and Collaboration Between Agencies.

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