Corporate Car-sharing Market Comprehensive Study With Key Trends, Major Drivers And Forecast by 2028

The car-sharing is one name for a range of very different solutions. It can be provided by a specialized private company, by a public agency, or by an ad-hoc group as a P2P service. It can be free-floating, station-based, or intra-corporate. Corporate car sharing is a service/platform offered by organizations, companies, and corporations that offer transportation services to their employees. A company can operate a car-sharing service by hiring an external service provider or on its own. The advantages for the companies through this service include, reduces fleet management costs for the company, enable employees to stay punctual, and eliminates the requirement for a large parking lot.

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Companies Profiled in this report includes:  Alphabet,  car2go, cambio CarSharing, Cityhop, Communauto inc, eHi Auto Services Limited,  Enterprise CarShare, GoGet Carshare, Ubeeqo, Zipcar

MARKET SEGMENTATION

  Based on enterprise size, the global corporate car-sharing market is segmented into large enterprise.

  On the basis of vehicle type, the market is segmented into economy, SUV and luxury.

MARKET DYNAMICS

Drivers:

  The major factors driving the growth of the corporate car-sharing market are increasing smartphone and internet penetration and an increase in the cost of vehicle ownership.

  Further, governments around the world are increasingly putting efforts to reduce carbon emissions and environmental pollution that are encouraging players to provide car rental services, thereby supporting government initiatives.

  Moreover, electric vehicles are anticipated to offer lucrative opportunities to corporate car-sharing companies.

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IMPACT OF COVID-19 ON CORPORATE CAR-SHARING MARKET

COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.

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Contact Person: Sameer Joshi

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About Us:

The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.

This release was published on openPR.