Shared Mobility Market to Grow at a Surprising CAGR of 31.18% by 2030, Size, Business Strategies, Competitive Landscape and Regional Overview

PRESS RELEASE
Published November 9, 2023

The Latest report from Data Bridge Market Research, “Shared Mobility Market” examines growth strategies, drivers, opportunities, key segments, Porter’s Five Forces analysis, and the competitive environment in detail. A trustworthy Shared Mobility market analysis report endows with an examination of various segments that are relied upon to witness the quickest development based on the approximated forecast frame. Shared Mobility is an essential aspect when it comes to accomplishing thorough and wide-ranging market insights and the same is applied for generating this market research report. The report offers CAGR value fluctuation during the forecast period for the market. Not to mention, the world-class Shared Mobility Market document delivers a far-reaching study with respect to present and upcoming opportunities which shed light on future investment in the market.

Data Bridge Market Research analyses that the shared mobility market is expected to reach USD 39.10 billion by 2030, which is USD 4.46 billion in 2022, at a CAGR of 31.18% during the forecast period. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.

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Shared Mobility Market Drivers

  • Increasing emergence of new modes and services

New services and modes have emerged such as pooled ride-sharing, shared electric scooters, peer-to-peer car sharing and many more. This emergence has been attributed to their automated processes, personalized travel on demand, potential integration, and environment-friendly nature. The growth and expansion in penetration of connected cars and smartphones is a key factor expected to drive the growth of the shared mobility market.

  • Growing popularity of ridesharing among consumers

Various companies have started making mobile apps that help toward non-ownership rides. In this module, the rider can book their ride easily according to their requirements such as time, route and type of vehicle for the particular time frame. Ridesharing is increasing at the significant rate in the forecast period, and this can be owing to the wide adoption of the elegant and cost-effective mode of transport rides among customers. Therefore, growing popularity of ridesharing among consumers is likely to impel the market growth.

Top Leading Key Players of Shared Mobility Market:

  • Avis budget group (U.S.)
  • car2go NA, LLC (U.S.)
  • Beijing Xiaoju Technology Co, Ltd. (China)
  • Mobiag (Portugal)
  • movmi Shared Transportation Services Inc. (Canada)
  • Uber Technologies Inc. (U.S.)
  • ANI Technologies Pvt. Ltd. (India)
  • Lyft, Inc. (U.S.)
  • Careem (U.A.E)
  • Bolt Technology OÜ (Estonia)
  • Gett (U.K.)
  • HERTZ SYSTEM, INC. (U.S.)
  • Aptiv (Ireland), Enterprise Holdings Inc. (U.S.)
  • MOBIKO (Germany)
  • Europcar (France)
  • Curb Mobility (U.S.)
  • BlaBlaCar (France)
  • Wingz (U.S.)

Recent Development

  • In 2022, The Toro Company, a provider of innovative solutions for outdoor environment has acquired The Intimidator Group Inc, US-based side-by-side vehicle manufacturer. With this acquisition, the Toro Company goals at strengthening its position in zero-turn mower market and emerging as a major market player in the global market.
  • In 2020, Polaris Inc. launched RideReady, an industry-first on-demand digital service platform. This new RideReady digital strategy aims at leveraging digital technology and solutions for offering industry-leading tools, which break down the barriers of building affinity, ownership and loyalty with existing customers. RideReady connects the shared mobility dealers and owners with Indian Motorcycle for easily scheduling service appointments online.

To Gain More Insights into the Market Analysis, Browse Summary of the Product Information Software Management Market Report@ https://www.databridgemarketresearch.com/reports/global-shared-mobility-market?Somesh=

Key Market Segments Covered in Shared Mobility Industry Research

Service Model

  • Ride Hailing
  • Bike Sharing
  • Ride Sharing
  • Car Sharing
  • Others

Vehicle Type

  • Cars
  • Two-Wheelers
  • Others

Business Model

  • Peer-To-Peer (P2P)
  • Business-To-Business (B2B)
  • Business-To-Consumer (B2C)

Sector Type

  • Unorganized
  • Organized

Autonomy Level

  • Manual
  • Autonomous
  • Semi-Autonomous
  • Power Source
  • Fuel Powered
  • Hybrid Electric Vehicle (HEV)
  • Plug-in Hybrid Electric Vehicle (PHEV)
  • Battery Electric Vehicle (BEV)

Shared Mobility Market Regional Analysis/Insights

The countries covered in the Shared Mobility Market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and rest of South America as part of South America.

The country section of the report also provides individual market-impacting factors and changes in market regulation that impact the current and future trends of the market. Data point downstream and upstream value chain analysis, technical trends, porter’s five forces analysis, and case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.

New Business Strategies, Challenges & Policies are mentioned in Table of Content, Request TOC: https://www.databridgemarketresearch.com/toc/?dbmr=global-shared-mobility-market&Somesh=

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