According to a new market report published by Lucintel, the future of global shared mobility market looks promising with opportunities in the ride, car and bike sharing. The global shared mobility market is expected to decline in 2020 due to global economic recession led by COVID-19. However, market will witness recovery in the year 2021 and it is expected to reach an estimated $104.8 billion by 2025 with a CAGR of 2% to 4% from 2020 to 2025. The major drivers for this market are low cost and ease of use services, increasing traffic congestion, parking issues, and environmental concerns.
Browse 89 market data tables and 121 figures spread through 225 pages and in-depth TOC on “Global Shared Mobility Market"
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In this market, different types of shared mobility such as bike sharing, ride sharing and car sharing are used as mode of sharing. On the basis of its comprehensive research, Lucintel forecasts that the car sharing and bike sharing segment will show above-average growth during the forecast period.
ICE vehicle will remain the largest segment and electric vehicle segment is expected to witness the highest growth over the forecast period due to governmental initiatives to encourage electric vehicle adoption by providing tax rebates and incentives.
APAC will remain the largest region and it is also expected to witness highest growth over the forecast period due to the governmental initiatives to reduce carbon emission and traffic congestion in the region.
Emerging trends, which have a direct impact on the dynamics of the shared mobility industry, include rise of micro mobility services, emergence of specialized suppliers to integrate technology & services, and increasing adaptation of electric vehicles. Uber Technologies, DiDi Chuxing Technology, Lyft, Daimler, Grab Taxi, BlaBlaCar, ANI Technology, Zipcar, Ofo, and Mobiko and others are among the major shared mobility manufacturers.
Lucintel, a leading global strategic consulting and market research firm, has analyzed the global shared mobility market by mode of sharing, booking type, vehicle type, customer type, and region and has come up with a comprehensive research report entitled “Growth Opportunities in the Global Shared Mobility Market 2020-2025: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy as it provides a comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the global shared mobility market by mode of sharing, booking type, vehicle type, customer type, and region as follows:
By Mode of Sharing ($ Million from 2014 to 2025):
Ride Sharing
Car Sharing
Bike Sharing
By Booking Type ($ Million from 2014 to 2025):
By Vehicle Type ($ Million from 2014 to 2025):
IC Engines
Electric Vehicles
By Customer Type ($ Million from 2014 to 2025):
By Region ($ Million from 2014 to 2025):
North America
United States
Canada
Mexico
Europe
Germany
France
UK
Russia
Italy
Asia Pacific
China
India
Japan
South Korea
Indonesia
The Rest of the World
This 225-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/shared-mobility-market.aspx or helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.