Micro-Mobility Market To Witness Huge Growth With Projected Bird Rides, Uber, Lyft

Infinity Business Insights recently published a report titled “Global Micro-Mobility Market 2023-2030″, offering valuable insights for companies of all sizes and revenue levels. This report delves into significant market trends and the prospective outlook over the coming years. The research on the Micro-Mobility market provides comprehensive information and data on the progression of investment structures, market trends, and developments, as well as the capabilities of key players in the Micro-Mobility industry. Additionally, the research encompasses an overview of global market strategies that have been adopted in response to the current and future conditions within the Service & Software industry.

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The Key Players in this Market are Bird Rides, Uber, Lyft, Lime, Zagster, Skip, Spin, Hellobike, Mobike, Citi Bike, Mobycy, Nextbike, Capital Bikeshare, Velib, Call a Bike, Santander Cycles, Bicing, YEGO, Wind Mobility, Beam, Tier Mobility, Voi Technology, Vogo, Bolt Mobility, Razor Share.

The global micro-mobility market is expected to reach USD 194.21 billion by 2030, growing at a compound annual growth rate (CAGR) of 16.63% from 2023 to 2030. The market is driven by the increasing demand for convenient, affordable, and sustainable transportation solutions.

Market Synopsis:
The micro-mobility market is rapidly growing, driven by the demand for convenient and eco-friendly transportation solutions in urban areas. It encompasses electric scooters, bicycles, and small electric vehicles, typically available for short-term rentals through smartphone apps. Companies like Lime, Bird, and Spin have played a significant role in the market’s expansion. Micro-mobility services offer an efficient and sustainable alternative to traditional transportation, addressing issues like traffic congestion and environmental concerns. As cities encourage these modes of transport and regulations evolve, the micro-mobility market is poised for continued growth, contributing to more accessible and sustainable urban mobility solutions.

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Global Micro-Mobility Market: Segmental Analysis

Micro-Mobility Market by Type:
Bicycle
Electric Bike
Electric Scoote

Micro-Mobility Market by Application:
Age 18-24
Age 25-34
Age 35-44
Others

Micro-Mobility Market Segment by Region:
The report provides a detailed analysis of data regarding growth, restraints, opportunities, risks in major geographical regions such as North America, Europe, Asia Pacific, Latin America and the Middle East and Africa.
• North America (US, Canada)
• Europe (Germany, France, UK, Italy, Russia)
• Asia Pacific (China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Malaysia, Philippines, Vietnam)
• Latin America (Mexico, Brazil, Argentina)
• Middle East & Africa (Turkey, Saudi Arabia, UAE)

COVID-19 & Russia-Ukraine War Impact on the Micro-Mobility Market:
Within our Micro-Mobility market analysis, you will find a comprehensive examination that includes detailed insights, supported by relevant graphs and statistics, into how the economic consequences resulting from both the COVID-19 pandemic and the Russia-Ukraine war have influenced growth dynamics. We assess whether these factors are poised to act as catalysts or barriers to Micro-Mobility market expansion. For a more in-depth exploration of this subject, we encourage you to explore the dedicated sections within the reports market analysis.

Micro-Mobility Market Key Drivers:
The Micro-Mobility market is witnessing rapid growth due to several key drivers and dynamics. Firstly, increasing urbanization and congestion in cities have fueled the demand for efficient and eco-friendly transportation solutions. Micro-mobility options like e-scooters and bike-sharing provide convenient alternatives for short-distance travel. Secondly, environmental concerns and the push for sustainability are driving the adoption of micro-mobility solutions, as they produce fewer emissions and reduce traffic congestion. Additionally, advancements in technology, including GPS tracking and mobile apps, have made it easier for users to access and use micro-mobility services. Moreover, changing consumer preferences, especially among younger generations, favor more flexible and affordable transportation options. In summary, the Micro-Mobility market is driven by urbanization, sustainability, technology, and evolving consumer preferences.

The report additionally furnishes comprehensive insights into the present-day trends, obstacles, and factors propelling growth within the Micro-Mobility market. When determining market size, our primary data sources consist of interviews and credible published materials involving relevant stakeholders.

Research Methodology:
This study adopts a robust research methodology, utilizing data collection modules with a large sample size. The collected data is then analyzed using statistical and coherent models to extract meaningful insights. The market report encompasses crucial elements such as market share analysis and key trend analysis. To ensure accuracy and reliability, the research team at Infinity Business Insights employs a data triangulation approach that involves data mining, assessing the impact of data variables on the market, and validating findings through primary sources like industry experts. Various data models, including the Vendor Positioning Grid, Market Time Line Analysis, and Company Market Share Analysis, are utilized. For any further inquiries, an analyst call can be requested.

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Extracts from Table of Content:

Chapter 1 Worldwide Micro-Mobility Market Business Overview
Chapter 2 Major Breakdown by Type
Chapter 3 Major Application Wise Breakdown (Revenue & Volume)
Chapter 4 Manufacture Market Breakdown
Chapter 5 Sales & Estimates Market Study
Chapter 6 Key Manufacturers Production and Sales Market Comparison Breakdown
………..
Chapter 8 Manufacturers, Deals and Closings Market Evaluation & Aggressiveness
Chapter 9 Key Companies Breakdown by Overall Market Size & Revenue by Type
Chapter 10 Business / Industry Chain (Value & Supply Chain Analysis)
Chapter 11 Conclusions & Appendix

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