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.
Market Overview
The Shared Mobility Market drivers, restraints, opportunities, trends, technical advancements, product developments, growth strategies, and growth strategies and prospects, as well as the forecast period, are briefly covered in the Global Shared Mobility Market research report. Mergers and acquisitions, government and corporate transactions, partnerships and collaborations, joint ventures, brand promotions, and product launches are the methods evaluated during the research. The global Shared Mobility market research report offers an in-depth look at the industry, including key figures like market size, market share, revenue growth, and CAGR over the forecast cast period (2021 to 2029).
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Shared Mobility Market Scope
The report published by Maximize Market Research on Shared Mobility market focuses on the most important regional market share data. The report includes accessible opportunities in micro markets for stakeholders to invest, as well as a detailed analysis of the competitive landscape and significant competitors' product offers. The Shared Mobility market is expected to grow at a steady growth rate between 2021 to 2029, according to the Shared Mobility market estimation. The report provides, information about major growth drivers, market dynamics, challenges, and scope along with the PESTAL, PORTER, and SWOT analysis. Research identifies the most important trends that will impact business operations.
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.
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
Regional Analysis
The Shared Mobility Report provides an in-depth understanding and knowledge of the Shared Mobility market trends, dynamics, and other issues in the market. The report on the Shared Mobility market includes the most significant developments that have an impact on the industry. It assists in identifying the information included in the report, as well as assessing the competitive landscape of important firms, Shared Mobility market dynamics, and other things that help to determine current marketing plans. The regions covered during the region were Europe, North America, Asia-Pacific, the Middle East and Africa, and Latin America.
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Key Questions answered in the Shared Mobility Market Report are:
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Mar 15, 2023
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