Leading tech firm identified 5 mobility solutions unlocking INR 500 Cr market potential
21 Feb 2023
1 min read
A tech company was exploring new opportunities in the emerging mobility market. It intended to explore and develop new mobility initiatives while upholding the core tenets of the organization
Context
Company: A leading tech company
Problem statement:
A tech company was exploring new opportunities in the emerging mobility market. It intended to explore and develop new mobility initiatives while upholding the core tenets of the organization
Our Approach
- Understood the mobility landscape space in India across passenger and commercial vehicle market segments (demand, regulations, market trends, use cases, business models, and best practices)
- Captured select global success stories to comment on how the Indian market is evolving in the mobility space
- Determined overall market size and future potentithe al of mobility market in India across various segments
- Assessed customer cohorts and potential for new mobility solutions across product lines / income segments / demographics etc.
Key Outcomes
- Developed a long list of mobility solutions and deep-dived into segments of interest, before filtering basis market size & growth potential
- Deep-dive the potential offerings segments basis parameters such as market concentration, player dynamics, customer profiles, product features & adjacencies, pricing strategy, prevalence nature of eco-system partnerships, etc.
- Used the prioritization framework for the top 4-5 selected offerings based on incremental effort in extending / building capability and difficulty in customer acquisition thereby identifying highly attractive offerings
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