Global shared mobility market size is expected to reach $535.2 Bn by 2028 at a rate of 12.5%, segmented as by service, ride hailing, bike sharing, ride sharing, car sharing, other services
Ride Sharing Market by Type (E-hailing, Station-Based, Car Sharing & Rental), Car Sharing (P2P, Corporate), Service (Navigation, Payment, Information), Micro-Mobility (Bicycle, Scooter), Vehicle Type, and Region - Global Forecast to 2025
Luxury, economy, and executive are the three types of cars that are used for providing P2P carsharing services. Out of these, the demand for economy cars was the highest in the past, and the situation is expected to remain the same in the coming years as well.
Fully-developed car sharing in foreign countries is primarily divided into three models: car-hailing apps, P2P car rental, and timeshare rental with the first represented by Uber, Lyft, and Ola Cabs, the middle Getaround, Turo, and Flightcar, and the latter Zipcar, Car2go, NriveNow, and Autolib.
The trend of shared mobility is emerging across urban localities and is predicted to bolster the demand for car sharing services in the forthcoming years. Erratic traffic jams, soaring fuel prices, and lack of adequate parking facilities are some of the notable factors that will foster the adoption of such services across developed regions.
More Information @ https://bit.ly/2mkiVJY Car sharing market in business applications accounted for the majority share and are is to remain dominant for the next few years. Several businesses continuously face problems pertaining to creating space for vehicle parking. These problems can be overcome by implementing these services.
Global Ride Sharing Market was valued at an estimated USD 60.88 billion in 2018; this value is expected to grow to USD 257.44 billion by 2026, registering a CAGR of 19.75% in the forecast period of 2019-2026. This rise in market value can be attributed to the benefits associated with the adoption of ride sharing, such as reduction in carbon emissions, cost benefits and ease of travel.
Ride Sharing Market by Type (E-hailing, Station-Based, Car Sharing & Rental), Car Sharing (P2P, Corporate), Service (Navigation, Payment, Information), Micro-Mobility (Bicycle, Scooter), Vehicle Type, and Region
[219 Pages Report] Ride Sharing Market report categorizes the global market by Type (E-hailing, Car Sharing & Rental), Car Sharing (P2P, Corporate), Service (Navigation, Payment), Micro-Mobility (Bicycle, Scooter), Vehicle Type, and Region
The growing demand for advanced mobility options due to increasing traffic congestion will propel the Asia Pacific car sharing market growth by 2024. According to a report published by Uber Technologies, the people in the region are stuck in traffic for about 52 minutes per day or 13 days per year.
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COVID-19 Impact on Ride Sharing Market by Service Type (E-Hailing, Car Sharing, Car Rental, Station-Based Mobility), Data Service (Information, Navigation, Payment) and Region - Forecast to 2021
Car rental companies have been tying up with companies to attract more corporate clients and earn higher revenues. Car rental for leisure purpose accounted for almost same market share as business segment, ~% (USD ~ million) during 2017.
From $1,015.7 million in 2020, the value of the global peer-to-peer carsharing market will reach $7,225.2 million by 2030, advancing at a CAGR of 21.7%, according to the market research report published by P&S Intelligence.
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Get here the effect and opportunity of the sharing economy especially in E-commerce. Adopting it may yield higher returns on investment in the eCommerce business.
The European carsharing market is predicted to register huge growth in the coming years. The most widely used types of cars in the carsharing services in the region are—luxury, executive, and economy class cars.
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The exact size of the global loan market proves challenging due to its multifaceted nature and variations across different loan types and countries. However, credible sources paint a picture of a substantial and interconnected market. According to the International Monetary Fund (IMF), global credit to the private sector stood at a staggering USD 233 trillion in the third quarter of 2023. This signifies the immense scale of the market and its role in financing global economic activity.
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