Shared Mobility Market to Exhibit a Remarkable Hike of USD 39.10 Billion by 2030

Private vehicles are the most popular mode of transport in almost every nation. Globally, 67% of survey respondents said they use their private vehicles normally, while 38% said they used public transportation regularly. With regards to that, it has been witnessed that hailing services especially e-hailing accounted for the largest share form $120 billion to $130 billion, which is more than 90% of the total market. Also, peer-to-peer car sharing and car sharing account for less than 10% of this market, which reflects higher convenience of e-hailing. The investments in car-sharing market, at around $3 billion, are small compared to investments in the e-hailing.

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Data Bridge Market Research analyses that the shared mobility market is expected to reach USD 39.10 billion by 2030, which is USD 4.46 billion in 2022, at a CAGR of 31.18% during the forecast period. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.

The shared mobility market is analyzed and market size insights and trends are provided by country, service model, vehicle type, business model, sector type, autonomy level and power source as referenced above.

The countries covered in the shared mobility market report are report U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (M.E.A.) as a part of Middle East and Africa (M.E.A.), Brazil, Argentina and Rest of South America as part of South America.

Asia-Pacific dominates the shared mobility market in terms of revenue growth and market share owing high costs of vehicle ownership and increasing on-road vehicle traffic in countries such as India within and China in this region.

Europe is projected to be the fastest developing region during the forecast period of 2023-2030. This is mainly because of high demand for shared transportation solutions owing to the increasing number of corporate travelers in this region.

The shared mobility market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to shared mobility market.

Some of the major players operating in the shared mobility market are:

Avis budget group (U.S.)
car2go NA, LLC (U.S.)
Beijing Xiaoju Technology Co, Ltd. (China)
Mobiag (Portugal)
movmi Shared Transportation Services Inc. (Canada)
Uber Technologies Inc. (U.S.)
ANI Technologies Pvt. Ltd. (India)
Lyft, Inc. (U.S.)
Careem (U.A.E)
Bolt Technology OÜ (Estonia)
Gett (U.K.)
HERTZ SYSTEM, INC. (U.S.)
Aptiv (Ireland), Enterprise Holdings Inc. (U.S.)
MOBIKO (Germany)
Europcar (France)
Curb Mobility (U.S.)
BlaBlaCar (France)
Wingz (U.S.)

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