Title: Shared Mobility Telematics Market: Exploring Opportunities with Market Size and Growth Projections
1Shared Mobility Telematics Market 2018- 2027
Trends, Opportunities, and Forecasts Techsci
Research
TechSci Research's report "Shared Mobility
Telematics Market - Global Industry Size, Share,
Trends, Opportunity, and Forecast, 2017-2027"
predicts a remarkable CAGR for the global shared
mobility telematics market during the forecast
period, due to the increasing demand for
car-pooling and car- sharing services. Factors
such as rapid urbanization, the expansion of the
automotive industry, growing vehicle fleets, and
various environmental issues are expected to fuel
the growth of the market over the next five
years. In addition, rising environmental
concerns have prompted consumers to opt for
car-sharing and car-pooling services, as toxic
exhaust
2from cars has led to environmental degradation.
Governments have introduced strict regulations to
reduce fuel consumption and harmful emissions
from vehicles, which is further boosting the
growth of the global shared mobility telematics
market. The shared mobility industry suffered a
drastic impact due to the COVID-19 pandemic,
particularly in the automotive sector.
Restrictions and regulations to control the viral
spread resulted in a complete shutdown of
cab-sharing, car- pooling, and ride-hire
services, causing a financial crisis for vehicle
drivers who rely on these services for a steady
income. However, with the relaxation of rules and
regulations and effective precautionary
measures, shared mobility services have resumed,
and consumers have resumed using them. As a
result, the global shared mobility telematics
market is expected to regain its composure and
continue to grow through 2027. Browse over XX
market data Figures spread through 110 Pages and
an in-depth TOC on " Global Shared mobility
telematics Market" https//www.techsciresearch.co
m/report/shared-mobility- telematics-market/10630
.html The global shared mobility telematics
market can be further divided into various
segments including service type, vehicle type,
offering, technology, regional distribution, and
competitive landscape. In terms of service type,
the market is
3- classified into ride hailing, car/two-wheeler
sharing, rental, and ride sharing. The ride
hailing segment is expected to hold the largest
revenue share and dominate the market segment in
the next five years, driven by the increasing
demand from younger consumers who use it for
their daily commute and leisure. The ride
sharing segment may also witness significant
growth in revenue shares due to government
initiatives aimed at controlling environmental
depletion. - The market can also be differentiated by vehicle
type, which includes passenger cars and
two-wheelers. The passenger car segment is
projected to hold the largest revenue share and
dominate the market segment in the next five
years due to the high sales of passenger cars in
recent years. Increasing demands for premium
passenger cars and executive cab hailing
services further boost the market growth. - Based on offering, the market is fragmented into
global positioning system (GPS), fleet
optimization, vehicle tracking, and others. By
technology, the market is bifurcated into
embedded, tethered, and integrated. The market
analysis also studies the regional segmentation,
divided among Asia- Pacific region, North
American region, European CIS region, South
American region, and Middle East African
region. - Some of the market players, dominating the global
shared mobility telematics market are - SharingOS Holdings Limited
- e-motionlabs NV
- Fleetster
4- Avis Budget Group (FastFleet and Local Motion)
- INVERS GmbH
- PBSC Urban Solutions Inc.
- Geotab Inc.
- Download Sample
- Report_at_ https//www.techsciresearch.com/sample-
report.aspx?cid10630 - Customers can also request for 10 free
customization on this report. - North America is anticipated to hold the largest
market for the shared mobility telematics in the
future years owing to the increasing advancement
in the technology and growing car sharing
service demands. The economies like the United
States and Canada with higher instances of n road
traffic are expected to support the regional
growth in the future five years. Asia Pacific
region may also hold significant growth due to
rising population in the countries like India,
China, etc. Rising disposable income among the
population and their tendencies to avail the cab
renting services also facilitates - the market growth in the upcoming five years,
said Mr. Karan Chechi, Research Director with
TechSci Research, a research based global
management consulting firm. - Shared Mobility Telematics Market - Global
Industry Size, Share, Trends, Opportunity, and
Forecast, 2017-2027 Segmented By Service Type
(Ride Hailing, Car/Two-Wheeler
5Sharing, Rental, Ride Sharing), By Vehicle Type
(Passenger Car, Two-Wheeler), By Offering
(Global Positioning System (GPS), Fleet
Optimization, Vehicle Tracking, Others), By
Technology (Embedded, Tethered, Integrated),
By Region, has evaluated the future growth
potential of global shared mobility telematics
and provides statistics information on market
size, structure, and future market growth. The
report intends to provide cutting-edge
market intelligence and help decision makers take
sound investment decisions. Besides, the report
also identifies and analyzes the emerging trends
along with essential drivers, challenges, and
opportunities in global shared mobility
telematics market. Download Sample Report_at_
https//www.techsciresearch.com/sample-
report.aspx?cid10630 About TechSci
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