Shared Mobility Market Massive CAGR Growth of 24.68% and Influencing Players Analysis By 2026 - global car sharing car rental, Grab, Uber Technologies, ANI Technologies, Avis Budget Group, car2go NA, Beijing Xiaoju Technology, Gett, Maxi Mobility
Detailed and comprehensive market study performed in this Shared Mobility market report offers you the current and forthcoming opportunities to shed light on the future market investment. Statistical data mentioned in the report is symbolized with the help of graphs which simplifies the understanding of facts and figures. Market segmentation studies conducted in this report with respect to product type, applications, and geography are valuable in taking any verdict about the products. This report estimates the existing state of the market, market size and market share, revenue generated from the product sale, and necessary changes required in the future products.
Global Shared Mobility Market is expected to rise from its initial estimated value of USD 128.96 billion in 2018 to an estimated value of USD 753.05 billion by 2026, registering a CAGR of 24.68% in the forecast period of 2019-2026. This rise in market value can be attributed to the increasing cost of commuting which has been caused by increased fuel prices and traffic congestion.
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Leading competitors currently working in the Shared Mobility market are Avis Budget Group, car2go NA, LLC, Beijing Xiaoju Technology Co, Ltd., global car sharing car rental Ltd., Grab, Uber Technologies Inc., ANI Technologies Pvt. Ltd., Lyft Inc., Careem, Taxify OÜ, Gett, Maxi Mobility S.L., The Hertz Corporation., Enterprise Holdings Inc., MOBIKO and ofo Inc.
Market Drivers and Restraints:
Growth in the prevalence of facilities available for ride sharing over the internet amid increasing penetration of internet-based services is expected to drive the market growth
Increasing concerns regarding the environment and cost-effective methods of transportation through these services are drivers expected to positively affect the growth of the market
Lack of preference in travelling with unknown individuals while sharing transportation is expected to restrain the market growth
Concerns regarding theft of private information and requirement of taking a longer common route because of sharing transportation is expected to restrain the market growth
Key Developments in the Market:
In October 2018, Volkswagen AG and Mobileye collaborated for the launch of commercialised autonomous ride sharing service in Israel by 2019. In this collaboration, Volkswagen will be responsible for the provision of a fleet of electric vehicles whereas Mobileye will assume responsibility for integration of autonomous technology in these vehicles
In May 2018, Taxify OÜ announced that they had risen USD 175 million funding from Daimler AG, increasing the valuation of Taxify to USD 1 billion. This expansion will help them in establishing their operations in Europe and Africa and will expand their employees helping them provide better services to their consumers
• To provide detailed information regarding the major factors (drivers, restraints, opportunities, challenges, and trends) influencing the growth of the global Shared Mobility Market
• To forecast the size of the market segments with respect to four major regional segments, namely, North America, Europe, Asia Pacific, and the Rest of the World (Latin America and the Middle East & Africa)
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Key Segmentation of Shared Mobility Market
• Ride Hailing, Bike Sharing, Ride Sharing, Car Sharing Others
By Vehicle Type
• Cars, Passenger Cars, Light Commercial Vehicles, Two-Wheelers, Others
By Sector Type
• Unorganized, Organized
By Business Model
• Peer-To-Peer (P2P), Business-To-Business (B2B), Business-To-Consumer (B2C)
By Autonomy Level
Manual, Autonomous, Semi-Autonomous
By Power Source
Hybrid Electric Vehicle (HEV), Plug-In Hybrid Electric Vehicle (PHEV), Battery Electric Vehicle (BEV), Fuel Powered
North America, South America, Europe, Asia-Pacific, Middle East & Africa
Influence of the shared mobility market report:
Comprehensive assessment of all opportunities and risk in the shared mobility market
Shared mobility market recent innovations and major events
Detailed study of business strategies for growth of the shared mobility market-leading players
Conclusive study about the growth plot of shared mobility market for forthcoming years
In-depth understanding of shared mobility market-particular drivers, constraints and major micro markets
Favorable impression inside vital market latest trends striking the shared mobility market
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