Connected World

Hyperconnected Travel and Transportation in Action

World Economic Forum, 2014

5 min read

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If you want to know how global transportation will look in the future, this report will get you on your way.

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As the world becomes more congested, managing the global flows of goods and people becomes more pressing. This fascinating, futuristic glimpse from the World Economic Forum explains how experts in transportation, logistics and technology are developing new processes to address these concerns. getAbstract recommends this thought-provoking report to travel, transportation and supply-chain professionals, as well as to investors looking for great tech ideas.

Summary

Growing urbanization, affluence and commerce are increasing traffic, travel and trade. Demographics and development drive the need for new ways to manage this increased movement of goods and people. In 2011, the world’s urban population surpassed its rural population. A further 2.6 billion people will have moved into cities by 2050, intensifying the demand for vehicles and creating more traffic. Transportation disruptions pose serious economic threats: Experts say that global business loses $1.4 trillion due to traffic jams worldwide. Experts look to technology for solutions in four areas:

Cross-border and air travel...

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The World Economic Forum is an independent global organization that engages leaders in business, politics, academia and society to improve the state of the world.

World Economic Forum

Connected World

Hyperconnected Travel and Transportation in Action

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