Shared Mobility Market Overviews
Shared mobility is a travel service in which organizations arrange facilities to provide commuting services from one location to another. Owners of some commercial vehicles provide their fleet of vehicles to the organization, which uses these vehicles to provide services such as rentals, carpooling and commuting. The price completely depends on the distance and time the customer reaches the destination. The trend of shared transport has increased significantly in recent years due to many factors such as rapid urbanization, increasing environmental problems, limited energy resources and economic concerns, which are is expected to drive the global shared mobility market. Shared Mobility market is expected to register CAGR of 28.8% during the forecast period. This article describes the different segments of the mobile sharing market and provides an assessment of the current market and its outlook on its current state, with particular emphasis on market size, financial investment and consumer sentiment. SMR also analyse our outlook for the future of the market.
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Shared Mobility Market Scope and Methodology:
Over 40 million emails are placed every day on the two biggest email platforms.
Mobility market accounts for more than 90% of consumer spending on shared mobility worldwide.
The number of rides has almost tripled in four years, and the number of rides with micro-controllers has more than doubled in a year.
Shared Mobility Market Regional Insights
APAC region accounted for 38% shared mobility market share as private transport remains the most popular means of transport in most countries. Globally, 67% of respondents said they regularly use private vehicles (i.e. at least once a week), while 38% said they regularly use public transport. Car sharing is the least used method by the average consumer today, which reflects a decline in the number of journeys. Email is most popular with consumers in Brazil, China, and the United States. In China, 90% of consumers say they use an email service at least once a week.
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Shared Mobility Market Segmentation
Looking at the evolution of travel development over time, NHTSA survey shows that e-hailing maintained a clear dominant role in the shared mobility market from 2016 to 2019, recording significant growth over the last four years. (The number of trips is tripled). Shared micromobility is evolving even more powerfully. Sharing electric scooters wasn't a big deal before 2017, but accelerated in 2018 and 2019 (from less than 1 million rides in 2017 to more than 160 million rides in 2019). With the biggest player). SMR model shows that micromobility has the potential to reach $ 300-500 billion in personal consumption potential worldwide by 2030 (given the combination of shared and private micromobility). This is three to four times the size of today's global electronic hailing market. The amount is expected to increase as the pandemic subsides and normal activity resumes.
Shared Mobility Market Key Players
Beijing Xiaoju Technology Co, Ltd. (China)
Global car sharing car rental Ltd. (China)
Grab (Singapore)
Uber Technologies Inc. (USA)
ANI Technologies Pvt. Ltd. (India)
Lyft Inc. (USA)
Avis Budget Group (USA)
car2go NA, LLC (USA)
Careem (UAE)
Taxify OÜ (Now Bolt) (Estonia)
Gett (UK)
Maxi Mobility S.L (Cabify) (Spain)
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Key questions answered in the Shared Mobility Market are:
- What is Shared Mobility ?
- What was the Shared Mobility market size in 2023?
- What is the growth rate of the Shared Mobility Market?
- Which are the factors expected to drive the Shared Mobility market growth?
- What are the different segments of the Shared Mobility Market?
- What growth strategies are the players considering to increase their presence in Shared Mobility ?
- What are the upcoming industry applications and trends for the Shared Mobility Market?
- What are the recent industry trends that can be implemented to generate additional revenue streams for the Shared Mobility Market?
- Who are the leading companies and what are their portfolios in Shared Mobility Market?
- What segments are covered in the Shared Mobility Market?
- Who are the key players in the Shared Mobility market?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2022)
- Past Pricing and price curve by region (2018 to 2022)
- Market Size, Share, Size & Forecast by Different Segment | 2024−2030
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of Business by Region
- Lucrative business opportunities with SWOT analysis
- Recommendations
About Stellar Market Research:
Stellar Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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