Mobility Sharing Market Growth Set to Surge Significantly during 2022 - 2028

According to our latest market study on "Mobility Sharing Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Type (Ride sharing, Vehicle Rental); Vehicle Type (Passenger Cars, Light Commercial Vehicle (LCV), Buses and Coaches, Micro mobility); Business Model (P2P, B2B, B2C) and Geography"

Ridesharing is a new concept that has become very popular in the field of car hailing, car sharing and carpooling. Market players have developed apps where a vehicle driver or car driver can offer a ride and the app users can avail the offer according to the price and route mentioned by the driver. People in developing countries make use of car riding services quite often. It enables travelling distances with comfort and ease at a lower price. Mobility sharing market is expected to grow considerably during the forecast period.

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Companies Profiled in this report includes: ANI Technologies Pvt. Ltd.,  Avis Budget Group, Inc.,  BlaBlaCar,  Europcar,  Gett,  Lyft, Inc.,  Omoove s.r.l.,  Taxify O,  The Hertz Corporation,  Uber Technologies Inc.

MARKET SEGMENTATION

  Based on type, the global mobility sharing market is segmented into ride sharing and vehicle rental.

  On the basis of vehicle type, the market is segmented into passenger cars, light commercial vehicle (LCV), buses and coaches and micro mobility.

  Based on business model, the market is bifurcated into P2P, B2B and B2C.

MARKET DYNAMICS

Drivers

  Increasing use of smartphone and internet all over the world.

  Rising urbanization and increasing per capita disposable income to boost the growth of mobility sharing market.

  Growing awareness regarding protection of environment .

Restraints

  Different transport policies from one country to other.

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IMPACT OF COVID-19 ON MOBILITY 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. Since lockdown was imposed in many regions across the world, movement of individuals was restricted. Also, company gave work from home to its employees where it was possible. These factors have impacted this market to a great extent. However post pandemic, this market is expected to boost all over the world.

The purposes of this analysis are:

To characterize, portray, and check the Mobility Sharing market based on product type, application, and region.

To estimate and inspect the size of the Mobility Sharing market (in terms of value) in six key regions, specifically, North and South America, Western Europe, Central & Eastern Europe, the Middle East, Africa, and the Asia-Pacific.

To estimate and inspect the Mobility Sharing markets at country-level in every region.

To strategically investigate every sub-market about personal development trends and its contribution to the Mobility Sharing market.

To look at possibilities in the Mobility Sharing market for shareholder by recognizing excessive-growth segments of the market.

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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.