UAE Shared Mobility Market Growth, Trends, and Revenue Estimation by 2026

The research report on the UAE Shared Mobility Market provides a comprehensive analysis of the industry size, share, growth projection, segments, key competitors, recent developments, value chain optimization, historical data, key performance indicators, and strategic market growth analysis.

Market Overview
Shared mobility is a mode of transportation where people share a vehicle either together as a group or overtime as private rentals. They also share the cost of the journey, and hence, build a hybrid between private vehicle, mass & public transportation.

According to the MarkNtel Advisors’ research report, “UAE Shared Mobility Market Analysis, 2021,” the market is likely to grow at a CAGR of around 25.1% in the forecast period of 2021-26. The shared mobility services enable customers to cancel or modify bookings spontaneously. Moreover, these services are gaining exponential popularity due to their less expensive transportation modes. Besides, they also help eliminate problems like limited parking space. Furthermore, multiple governments are actively introducing initiatives to encourage the growth of the UAE Shared Mobility Market to reduce traffic congestion on roads.

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Impact of Covid-19 on the UAE Shared Mobility Market
• Due to the Covid-19 pandemic in 2020, the overall transportation sector of the UAE witnessed adverse effects, and the Shared Mobility Market was no exception.
• The restricted number of tourists, reduced mobility, & and the introduction of remote working in offices severely impacted the demand for shared mobility services in the UAE.
• Moreover, social distancing protocols set by the local authorities to minimize the virus spread further dampened the market dynamics and caused considerable losses to the market players.
• Lately, in 2021, the market started reviving itself. However, the precautionary approach of citizens and reduced inflow of tourists would continue to haunt the companies operating in this industry over the coming years.
• In addition, the gradually reducing impact of Covid-19, coupled with various measures taken by the companies to ensure passenger safety, is likely to propel the market growth in the coming years.

Unique Features of the Research Report:

This report intends to help users understand the UAE Shared Mobility Market's size, shares, dynamics, segments, potential, key trends, and outlook to 2026. The readers will find this report extremely helpful in understanding the market insights taken from reliable sources and were checked & validated thoroughly by research experts. Cited below are some other key inclusions of the UAE Shared Mobility Market research report:

• Covid-19 Impact Analysis
• Regional/Country-Level Landscape
• Sales Volume & Revenue
• Major Trends in the Industry
• Recent developments by the key Competitors
• Key Product/Service Offerings
• SWOT Analysis
• Porter’s Five Forces Model
• Risk Analysis
• Strategic Performance Indicators

Browse Full Report with detailed TOC: https://www.marknteladvisors.com/research-library/uae-shared-mobility-market.html

Market Players

The report encompasses the key market players including Company Profile, Production Capacity/Sales, Product/Service Specifications, Revenue, Price and Gross Margin Sales with a comprehensive analysis of the market's competitive structure and extensive information of factors that will challenge the growth of major market players. The following players are covered in the report:

1. Uber
2. DiDi Chuxing
3. Drive Now
4. Lyft
5. Ekar
6. Udrive

Market Segmentation:
• By Service Type
o Two-Wheeler Sharing
o Ride Hailing
o Ride Sharing
o Car Rental
o Car Sharing
o Bus/Shuttle Service

• By Commuting Pattern
o Daily Commuting
o Last-Mile Connectivity
o Occasional Commuting
o Others

• By Booking Type
o On-Line
o Off-Line
• By End User
o Leisure
o Business
o Others (Emergency etc.)

• By Region
o Dubai
o Sharjah & North Emirates
o Abu Dhabi & Ain

• By Company
o Revenue Shares
o Strategic Factorial Indexing
o Competitor Placement in MarkNtel Quadrant

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MarkNtel Advisors is a leading research, consulting and data analytics firm that provides a wide range of strategic reports on diverse industry verticals to a substantial and varied client base that includes multinational corporations, financial institutions, governments, and individuals.

We specialize in niche industries and emerging geographies to support our clients in the formulation of strategies viz. Go to Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, trend analysis, etc. in around 15 industry verticals to enable our clients in identifying attractive investment opportunities and maximizing ROI through an early mover advantage.

This release was published on openPR.