Press release
Mobility on Demand Market Key Information Analysis by Hertz Corporation, Car2Go, Didi Chuxing, DriveNow GmbH & Co. KG, and Enterprise Rent-A-Car
Mobility on Demand Market, Mobility on Demand Market Study, Mobility on Demand Market Size, Mobility on Demand Market Segmentation
Description: Mobility on Demand Market is projected to surpass USD 200 billion by 2024. The development of travel & tourism industry is expected to be one of the major drivers of the industry. According to the World Travel & Tourism Council, in 2016, the direct contribution of this sector to GDP was USD 2,306.0 billion, that is approximately 3.1% of the total GDP. Transport forms a vital component of the travel industry for the sustainable growth of the sector.
The legalization of ride-hailing services, such as Uber and Grab, by the government of Malaysia will drive the mobility on demand market growth in the region. The government of Malaysia has made amendments to the Commercial Vehicles Licensing Board (CVLB) Act and Land Public Transport Act to allow the ride-hailing operators to work as an intermediary. The intermediary business license will allow these operators to facilitate transactions and booking of these services.
This report focuses on the top Manufacturers and players in global market are given bellow:-
Avis Budget Group, Hertz Corporation, Car2Go, Didi Chuxing, DriveNow GmbH & Co. KG, and Enterprise Rent-A-Car
Request a Sample on standard prices of this premium Mobility on Demand Market Research Report@ https://www.marketstudyreport.com/request-a-sample/1091025/
The legalization of ride-hailing services, such as Uber and Grab, by the government of Malaysia will drive the mobility on demand market growth in the region. The government of Malaysia has made amendments to the Commercial Vehicles Licensing Board (CVLB) Act and Land Public Transport Act to allow the ride-hailing operators to work as an intermediary. The intermediary business license will allow these operators to facilitate transactions and booking of these services.
Growing concerns regarding the privacy and security of the customer data are expected to challenge the mobility on demand market growth. The penetration of smartphones and increasing internet usage is encouraging the users to use applications that open loopholes for cyber threats.
The mobility on demand market in business applications is poised to grow at a significant pace as these services help the corporate organizations to reduce the dependency on private fleets. Also, these services allow the organizations to significantly reduce fleet-related costs and optimize the fleet management. Companies such as Omoove and Ubeeqo provide these services to the corporations that are tailored according to their specific requirements.
Mobility on Demand Market Size By Service
Car Sharing [By Model {P2P, Station-Based, Free-Floating}, By Business Model {Round Trip, One Way}], Ride Hailing, Car Rental [By Vehicle Type {Luxury Car, Executive Car, Economy Car, SUV, MUV}]
By Application
Business, Private
Industry Analysis Report, Regional Outlook
(U.S., Canada, UK, Germany, France, Italy, Spain, Russia, Turkey, China, Japan, South Korea, India, Taiwan, Malaysia, Singapore, Australia, Brazil, Mexico, GCC, South Africa)
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