Shared mobility is a travel service in which organizations arrange facilities to provide commuting services from one location to another. Owners of some commercial vehicles provide their fleet of vehicles to the organization, which uses these vehicles to provide services such as rentals, carpooling and commuting. The price completely depends on the distance and time the customer reaches the destination. The trend of shared transport has increased significantly in recent years due to many factors such as rapid urbanization, increasing environmental problems, limited energy resources and economic concerns, which are is expected to drive the global shared mobility market.
Shared Mobility Market Report Scope and Research Methodology
The report provides a comprehensive analysis of the Shared Mobility market size, growth, supply, demand, share, innovations, and recent developments, and key stakeholders can use the simple statistics, tables, and figures for strategic planning that leads to the organization's success. The report includes a detailed analysis of the Shared Mobility market's competitive landscape, as well as Company Profile, Revenue, Product Specifications, Production Capacity/Sales, Price, and Gross Margin Sales. The bottom-up approach was used to estimate the value of the and regional Shared Mobility markets. The data collected using both primary and secondary research methodologies was combined to make the Shared Mobility market report authentic and error-free. The analyst obtained these figures from Shared Mobility industry experts and the company. representatives and externally validated them by analysing historical data of these product types and applications in order to obtain an accurate Shared Mobility market size. To define, characterize, and analyse the Shared Mobility market competition landscape, SWOT analysis and Porter's Five Force Analysis are used, with a focus on key players.
Shared Mobility Market Overview:
Stellar Market Research provides a brief description of the Shared Mobility Market, as well as the most recent market snapshots. These aids understanding of its features by providing an overview of the Shared Mobility market that highlights standard topics. This overview assists clients in comprehending the situation in the Shared Mobility industry.
Shared Mobility Market size was valued at US$ 94 Billion in 2020 and the total Shared Mobility Market revenue is expected to grow at 28.8% through 2021 to 2027, reaching nearly US$ 552.76 Billion.
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Shared Mobility Market Regional Insights:
By providing detailed information on key players in each key country, the report assists clients in understanding the Shared Mobility market structure. It is a clear representation of local energy, economic, political, and geographic variables that is required for any meaningful evaluation of potential policy options in response to the development of the Shared Mobility market in each region. The report covers North America, Asia Pacific, Europe, South America, and the Middle East and Africa.
Shared Mobility Market Dynamics:
The potential expansion of e-hailing, car sharing, urban air mobility and a variety of other mobility solutions is changing the way we travel. Drivers now have a number of affordable and convenient alternatives to vehicle ownership, which will continue to grow over the next decade. The shared mobility market is currently worth over $ 60 billion in the three largest markets of China, Europe and the United States. As self-driving taxis and shuttles become more common and the city's aerial movement passes through the pilot phase, it will bring even greater benefits in the future. With this momentum, the annual growth rate of shared mobility solutions is expected to exceed 20% by 2030.
Shared Mobility Market Segmentation:
Looking at the evolution of travel development over time, NHTSA survey shows that e-hailing maintained a clear dominant role in the shared mobility market from 2016 to 2019, recording significant growth over the last four years. (The number of trips is tripled). Shared micromobility is evolving even more powerfully. Sharing electric scooters wasn't a big deal before 2017, but accelerated in 2018 and 2019 (from less than 1 million rides in 2017 to more than 160 million rides in 2019). With the biggest player). SMR model shows that micromobility has the potential to reach $ 300-500 billion in personal consumption potential worldwide by 2030 (given the combination of shared and private micromobility). This is three to four times the size of today's global electronic hailing market. The amount is expected to increase as the pandemic subsides and normal activity resumes.
Shared Mobility Market Key Players:
Beijing Xiaoju Technology Co, Ltd. (China)
Global car sharing car rental Ltd. (China)
Grab (Singapore)
Uber Technologies Inc. (USA)
ANI Technologies Pvt. Ltd. (India)
Lyft Inc. (USA)
Avis Budget Group (USA)
car2go NA, LLC (USA)
Careem (UAE)
Taxify OÜ (Now Bolt) (Estonia)
Gett (UK)
Maxi Mobility S.L (Cabify) (Spain)
Key questions answered in the Shared Mobility Market are:
- What is Shared Mobility Market?
- What are the Shared Mobility Market segments?
- Which Shared Mobility market segment is expected to grow at a high rate during the forecast period?
- Who are the top players in the Shared Mobility market industry?
- What is the expected Shared Mobility Market size by 2029?
- What was the Shared Mobility Market size in 2021?
- Which region is expected to grow at a high CAGR?
- Who held the largest market share in Shared Mobility Market?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2021)
- Past Pricing and price curve by region (2018 to 2021)
- Market Size, Share, Size Forecast by different segment | 2022−2029
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
- Market Segmentation – A detailed analysis of segments and sub-segments
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of business by region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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About Stellar Market Research
Established in 2018, Stellar Market Research is India Based consulting and advisory firm focused on helping clients to reach their business transformation objectives with advisory services and strategic business. The company’s vision is to be an integral part of the client’s business as a strategic knowledge partner. Stellar Market Research provides end-to-end solutions that go beyond key research technologies to help executives in any organization achieve their mission-critical goals. The company has clients from all across the globe, 23 % from India and others from Japan, Korea, Germany, United States, etc. The company uses its extensive industry knowledge, strong network, and know-how to provide complete insights that give clients a competitive advantage.
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