Press release
B2C Mobility Sharing Market Size, Growth Analysis, Share, Key Trends And Forecast To 2033
B2C Mobility Sharing Market Analysis
The Business Research Company presents an extensive market research report on the B2C Mobility Sharing Global Market Report 2024, furnishing businesses with a competitive edge through a detailed examination of the market structure, encompassing estimates for various segments and sub-segments.
Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the industry. This report market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.
Market Sizing:
The b2c mobility sharing market size has grown exponentially in recent years. It will grow from $44.11 billion in 2023 to $54.84 billion in 2024 at a compound annual growth rate (CAGR) of 24.3%. The growth in the historic period can be attributed to urbanization and population density, rising traffic congestion, environmental concerns, smartphone penetration, changing consumer preferences, government support and regulations, cost savings for consumers..
The b2c mobility sharing market size is expected to see exponential growth in the next few years. It will grow to $125.01 billion in 2028 at a compound annual growth rate (CAGR) of 22.9%. The growth in the forecast period can be attributed to dynamic pricing strategies, personalization and customer loyalty programs, climate change mitigation goals, focus on inclusive accessibility, emergence of new business model, data-driven decision making.. Major trends in the forecast period include expansion of micro-mobility services, integration of multiple mobility modes, contactless payments and digital wallets, integration with public transit, innovations in accessibility..
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Key Market Players:
Major companies operating in the b2c mobility sharing market report are Ani Technologies Private Limited, Avis Budget Group Inc., Beijing Xiaoju Technology Co. Ltd., Bolt Technology OÜ, Cabify SA, Careem Networks LLC, Enterprise Holdings Inc., Europcar Group SA, Grab Holdings Inc., The Hertz Corporation, Lyft Inc., Uber Technologies Inc., Didi Chuxing Technology Co., Car2go NA LLC, DriveNow GmbH & Co. KG, Free2Move Holding AB, Getaround Inc., Lime Chemicals Ltd., Apache Software Foundation, Modo Co-operative, Mobility Cooperative, Mobility Mixx BV, Our Car Ltd., Poppy Mobility NV, Ridecell Inc., Scoot Networks Inc., Sixt SE, Ford Smart Mobility, TIER Mobility GmbH, Voi Technology AB, Whim by MaaS Global, Zipcar Inc., Zoomcar India Pvt Ltd., Cityhop, Evo Car Share
Market Drivers:
The rising connected vehicles is driving the growth of the B2C mobility sharing market going forward. Connected vehicles refer to motor vehicles empowered with internet access and a local area network that helps to communicate with other vehicles to enhance the consumer experience with the real-time interaction of the vehicles, and can be connected with smartphones to monitor the performance of the car. In B2C mobility sharing, the connected vehicles help with constantly receiving and sending data to increase the vehicle's security, live tracking of vehicles, and management of fleet to provide drivers and fleet owners seamless mobility service. For instance, in July 2021, according to the PYMNTS, a US-based agency for data, news, and insights on innovation in payments, approximately 45% of vehicles are equipped with intermediate and advanced connectivity. Therefore, the rising connected vehicle and smartphone penetration is driving the growth of the B2C mobility sharing market.
Learn More About The Market Report -
https://www.thebusinessresearchcompany.com/report/b2c-mobility-sharing-global-market-report
The b2c mobility sharing market covered in this report is segmented -
1) By Service Model: Car Sharing, Bike Sharing, Scooter Sharing, Ride-Hailing, Other Service Model
2) By Vehicle: Cars, Two Wheelers, Other Vehicle
3) By Level of Automation: Semi-Automated Vehicle, Fully Automated Vehicle
4) By Application: Short Trips (5 Km or Less), Medium and Long Distance (5-15 Km), Long-distance(More Than 15 Kilometers)
The report answers the following questions:
What are the primary factors propelling the market during the projected period?
In which region is the most substantial growth expected?
Which trend will take center stage in the upcoming period?
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