As per this study the Global Shared Mobility Market was valued USD XX MN (by revenue) in 2019 and is anticipated to reach USD XX MN by 2026 with a CAGR of XX%.
Shared mobility is an innovative transportation strategy that enables users to share transportation services. It enables short term access of transportation modes such as the vehicle, bicycle or other modes to users on “as-needed” basis. Shared mobility has made a transformative impact on many global cities by enhancing transportation accessibility, simultaneously reducing driving and personal vehicle ownership.
The increasing cost of vehicle ownership pushing individuals to opt for another option in order to deal with the transportation problem is fueling the demand for shared mobility. In addition, rising government support in response to the rising problem associated with the on-road traffic is further boosting market growth. Also, the easy access to the internet in most of the regions across the globe along with easy to book, modify and cancel options for bookings are another factor driving the demand for shared mobility. However, high cost associated with standard connectivity and lack of internet infrastructure in underdeveloped economies may hamper the market growth.
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis, and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of shared mobility.
The broad shared mobility market has been sub-grouped into service model and vehicle. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
By Service Model
- Ride Hailing
- Bike Sharing
- Ride Sharing
- Car Sharing
Furthermore, the report comprises of the geographical segmentation which mainly focuses on current and forecast demand for shared mobility in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on the demand for individual application segments in all the regions.
Global Shared Mobility Market Share by Region (Representative Graph)
The report also covers a detailed competitive landscape including company profiles of key players operating in the global market. The key players in the shared mobility market include Car2Go, Deutsche Bahn Connect GmbH, DiDi Chuxing, Drive Now (BMW), EVCARD, Flinkster, Grab, GreenGo, Lyft, Uber and Zipcar. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
A combination of primary and secondary research has been used to determine the market estimates and forecasts. Sources used for secondary research include (but not limited to) Paid Data Sources, Company Websites, Technical Journals, Annual Reports, SEC Filings and various other industry publications. Specific details on methodology used for this report can be provided on demand.