Revolutionizing Urban Travel: Shared Mobility Market Set to Accelerate Growth and Transform Transportation in 2025 | Top key players - Lyft, Inc, Gett, Blablacar.

Market Overview:

The Global Shared Mobility Market is expected to grow at a CAGR of 24% during the forecasting period (2024-2031).

Shared Mobility Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.

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The Shared Mobility Market involves transportation services that allow users to share vehicles or rides, such as car-sharing, ride-hailing, bike-sharing, and scooter-sharing. It offers flexible, cost-effective, and sustainable alternatives to private vehicle ownership, driven by urbanization, technological advancements, and growing demand for eco-friendly mobility solutions.

Industry News of USA and Japan:

United States: Uber's Strategic Expansion into Robotaxis

Partnership with Lucid and Nuro: Uber has initiated a $300 million partnership with electric vehicle manufacturer Lucid and autonomous technology company Nuro. This collaboration aims to deploy over 20,000 self-driving electric vehicles over the next six years, marking a significant step in Uber's transition from a platform-only model to one that includes vehicle ownership and autonomous technology integration.

Japan: Lyft's Expansion into Autonomous Mobility

Testing of Driverless Cars: Lyft has commenced testing autonomous vehicles developed by May Mobility in Atlanta, USA, as part of its strategy to expand its shared mobility services. The company plans further expansion into Dallas in 2026, in collaboration with partners Marubeni and Mobileye.

Key Players:

Ani technologies pvt. Ltd. (ola)
Lyft, Inc.
Gett
Blablacar
Drivenow Gmbh & co. Kg
Mobility cooperative
Beijing xiaoju technology co, ltd.
Europcar
Car2go NA, LLC
Sixt SE.

Growth Forecast Projected:

The Global Shared Mobility Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

Research Process:

Both primary and secondary data sources have been used in the global Shared Mobility Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

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Market Segmentation:

By Vehicle: Bikes, Cars, Others (Micro-Mobility, Buses & Coaches).

By Type: Ride-Hailing, Ride-Sharing.

By Power Source: Fuel Powered, Electric Vehicles.

Regional Analysis:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

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Benefits of the Report:

➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.

➡ Top-down and bottom-up approach for regional analysis

➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.

➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market

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People Also Ask:

➠ What is the global sales, production, consumption, import, and export value of the Shared Mobility market?

➠ Who are the leading manufacturers in the global Shared Mobility industry? What is their operational status in terms of capacity, production, sales, pricing, costs, gross margin, and revenue?

➠ What opportunities and challenges do vendors in the global Shared Mobility industry face?

➠ Which applications, end-users, or product types are expected to see growth? What is the market share for each type and application?

➠ What are the key factors and limitations affecting the growth of the Shared Mobility market?

➠ What are the various sales, marketing, and distribution channels in the global industry?

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