Global Shared Mobility Market size was valued at US$ 443.81 Bn. in 2021 and the total revenue is expected to grow at 7.67 % through 2021 to 2029, Shared Mobility Market is reaching nearly US$ 801.60 Bn. by 2029.
Shared Mobility Market Overview
The global Shared Mobility Market by Manufacturers, Regions, Type and Application, forecast to 2029, published by Maximize Market Research, is the culmination of extensive primary and secondary research. The study includes ever-changing trends, the industry environment, and all of the Market’s leading elements. The research approach was used to investigate the global Shared Mobility Market, and the results have been logically presented in the report.
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Shared Mobility Market Report Scope and Research Methodology
The drivers, restraints, product developments, technical advancements, Market opportunities, restrictions, growth strategies, and Market prospects, with the forecast period, are briefly covered in the global Market report. The report offers an in-depth analysis of the industry, including key figures such as Market size, Market share, revenue growth, and CAGR for the forecast period (2022 to 2029). The analysis by Maximize Market Research focuses on the most important regional Market share data. The research also includes a full geographical analysis of the industry, highlighting the industry’s growth potential and Market hurdles in each of the regions. The report contains a detailed regional Market player analysis of the industry, with an emphasis on business growth opportunities and Market hurdles in each of the major regions in the world. SWOT analysis was employed to provide the strengths, weaknesses, opportunities and threats in the Market.
Shared Mobility Market Regional Insights
Geographically, the report is segmented into several key countries, with Market size, growth rate, import and export of Shared Mobility Market in these countries, which cover North America, U.S., Canada, Mexico, Europe, UK, Germany, France, Spain, Italy, Rest of Europe, Asia Pacific, China, India, Japan, Australia, South Korea, ASEAN Countries, Rest of APAC, South America, Brazil, and the Middle East and Africa.
Shared Mobility Market Segmentation
The market is divided into the Ride-e-Hailing Service, Vehicle Sharing, Peer-to-Peer Vehicle Sharing, and Fixed-Route Commuter Service categories based on business models. Since the beginning of the projection period, e-hailing has maintained a commanding position in the market for shared transportation. While before to 2021, sharing of electric scooters was minimal. By 2029, the combined market for shared and private micro-mobility might reach consumer spending levels of $300 billion to $500 billion, which would make micro mobility three to four times bigger than the worldwide e-hailing market.
Around $95 billion has been invested in the e-hailing market, with the three biggest worldwide companies receiving roughly half of all e-hailing investments. Investors seem to be drawn to the fundamental e-hailing business plan since it aims to gain (asset-free) access to drivers and customers rather than building fleets and managing vehicles. It represents a future wager for investors. Investors are waiting for industry companies to commercialise autonomous driving technology and become profitable on a broad scale; robo-taxis and shuttles could be a game-changer in the e-hailing sector.
The market is further divided into three categories: cars, two-wheelers, and others. The portion of overall revenue derived from car-based services increased in 2021. The car sector is anticipated to continue to rule the shared mobility market by 2029. The growth of the market can be attributed to the rising demand for ride-hailing, ride-sharing, and car-sharing services. The Center for Automotive Research estimates that over 60,000 vehicles will be used for car sharing in Europe in 2021, followed by over 25,000 vehicles in North America.
Shared Mobility Market Key Players
• Zipcar
• Car2Go
• BleuSG
• Car Club
• WhizzCar
• Tribecar
• Smove
• DiDi Chuxing
• Uber
• Lyft
• ANI Technologies Pvt. Ltd. (OLA)
• BlaBlaCar
• Zoomcar India Pvt. Ltd.
• Avis Budget Group
• car2go NA, LLC
• Beijing Xiaoju Technology Co, Ltd.
• Mobiag
• Movmi Shared Transportation Services Inc.
• Grab, Uber Technologies Inc.
• Bolt Technology
Key Questions answered in the Market Report are:
- Which region holds the maximum share in the Market?
- What is the expected CAGR of the Market during the forecast period?
- Which application segment emerged as the leading segment in the Market?
- What key trends are expected to emerge in the Market in the coming years?
- What is the expected Market size by 2029?
- Which company held the largest share in the Market?
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Key Offerings:
- Market Share, Size & Forecast by Revenue | 2022−2029
- Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends
- Market Segmentation – A detailed analysis of segments with their sub-segments and region
- Competitive Landscape – Top Key Players and Other Prominent Players
About Maximize Market Research:
Maximize 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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