Car Pooling Market Size Worth $29.70 Billion by 2023 | Top Players Didi Chuxing, Dida Chuxing, Uber, Via Transportation, Lyft Line, Waze Carpool | Covid 19 Growth And Change

The Business Research Company offers "Car Pooling Market Global Report 2020-30: Covid 19 Growth And Change" in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market's historic and forecast growth, and highlights important trends and strategies that players in the market can adopt.

The global car pooling market is expected to decline from $19.82 billion in 2019 to $16.10 billion in 2020 at a compound annual growth rate (CAGR) of -18.77%. The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and reach $29.70 billion in 2023 at CAGR of 22.65%.

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The carpooling market consists of sales of carpooling which is also known as shared mobility is the most technologically advanced transportation system that enables users to book a short distance ride as and when needed. The sales consist of revenues generated by establishments that are primarily engaged in the booking of the car by online carpooling platforms and app-based carpooling.

Government initiatives to minimize the carbon emissions is likely to drive the carpooling market. Major metropolitan cities have traffic congestion with increase in the vehicle density on the roads, increasing the carbon emissions. For instance, cities such as New York, Seoul and Shanghai are among the top 10 cities with highest carbon foot print. In an attempt to curb the emission rates, governments and companies are encouraging car pooling to commute in the cities. In the Paris Agreement on Climate Change, countries have set determined targets for carbon footprint reduction by 2030. For instance, the Delhi government in India has introduced odd-even scheme to control the traffic density and keep a check on the carbon emission in the city. Corporates such as Amazon, Infosys are also encouraging car pooling to commute to workplaces to reduce the congestion and air pollution. The initiatives to keep a check on carbon emissions thereby contribute to the growth of the market.

Car Pooling Market Segmentation: -
By Type
Online Carpooling Platforms
App-based Carpooling

By Application
Businesses
Individuals
Schools
Others

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Few Points From Table Of Content
1. Executive Summary
2. Car Pooling Market Characteristics
3. Car Pooling Market Size And Growth
4. Car Pooling Market Segmentation
5. Car Pooling Market Regional And Country Analysis
......
25. Car Pooling Market Competitive Landscape And Company Profiles
26. Key Mergers And Acquisitions In The Car Pooling Market
27. Car Pooling Market Trends And Strategies
28. Car Pooling Market Future Outlook and Potential Analysis
29. Appendix

The report covers the trends and market dynamics of the Car Pooling Market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.

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Some of the key players involved in the Car Pooling Market are Didi Chuxing, Dida Chuxing, Uber, Via Transportation, Lyft Line, Waze Carpool, Zimride , Carma, Scoop Technologies

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