Shared Mobility Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026

Report Code: ZMR-3908 | Report Format : | Status : Upcoming |

Abstract

Global Shared Mobility Market: Overview

In recent years, the trend of shared transportation has increased tremendously owing to various factors such as rapid urbanization, increasing environmental issues, limiting resources of energy, and economic concerns. Thus rental car companies and automobile manufacturers have come up with solutions to solve these issues with the help of the internet and technology. Shared mobility is a term used for sharing transportation services with other individuals. This can include car sharing, bike sharing, taxis, cycles, and much more.

Global Shared Mobility Market: Growth Factors

One of the key factors escalating market growth is the growing penetration of smartphones and connected vehicles. The growing traffic on the roads, high fuel costs, and decreasing parking spaces are other factors contributing to the growth of the shared mobility market. Provisions are provided by shared mobility such as canceling or modifying the rides and also these rides are cost-effective compared to other modes of transportation thus increasing its demand in the emerging economies. Several governments are taking initiatives to encourage people to use shared mobility in order to solve issues regarding traffic and greenhouse emissions. In addition, the high cost of vehicle ownership is forcing people to opt for solutions/ transportation modes that are cost-effective. Increasing adoption of rail hailing services is expected to positively influence the growth of the shared mobility market.

Certain factors limiting the growth of the shared mobility market are reluctance nature of individuals toward sharing their vehicle with strangers and less knowledge about such type of service models. Low network infrastructure and poor internet connectivity also negatively impacts the shared mobility market.

Global Shared Mobility Market: Segmentation

Global shared mobility market is segmented on the basis of vehicle type and service model. According to the vehicle type, the global market is divided into two-wheelers and cars. In terms of the service model, the shared mobility market is categorized into bike sharing, car sharing, and ride-hailing.

Global Shared Mobility Market: Regional Analysis

Major shared mobility market shares are expected to be held by the Asia Pacific region. It is anticipated that in the coming years also the Asia Pacific will register a good growth rate in the shared mobility market. The market growth is quite visible in this region as the cost of vehicle ownership is increasing along with on-road automobile traffic especially in countries such as India and China. Furthermore, the urban population in these countries is growing and the transport infrastructure is also developing at a rapid rate thus contributing positively to the market growth. Regions such as the Middle East and Africa also anticipate registering a significant growth rate in the future. In countries such as UAE and South Africa, demand for shared transportation is increasing owing to the rise in the number of corporate tourists in these countries. The UAE government is shifting their focus and is taking initiatives to bring under control traffic congestion and greenhouse emissions thus supporting the market growth.

Global Shared Mobility Market: Competitive Players

Some of the major players involved in the shared mobility market include Uber, DiDi Chuxing, and Lyft, among others.

Global Shared Mobility Market: Regional Segment Analysis

  • North America
    • The U.S.
  • Europe
    • The UK
    • France
    • Germany
  • The Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

What Reports Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

Related Reports

Coherent Optical Equipment Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2018–2026

Price : $ 3999.00 | Report Code: ZMR-4070 | Report Format:

Global Coherent Optical Equipment Market: Overview Coherent optical equipment is the equipment of the optical cable that supports 100G+ speed for effectively transmitting of the data. Substantial increase in bandwidth requirements for minimizing latency issues and providing smooth transmission o...Read More

Website Builder Software Market by Software Type (Online and Offline), by Application (E-Commerce Websites, Brochure Websites, and Others), and by End-User (Individual, Small- & Medium-Sized Businesses, and Large Enterprises): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2027

Apr-2019 | Price : $ 4899.00 | Pages: 110 | Report Code: ZMR-4063 | Report Format:

The report covers a forecast and an analysis of the website builder software market on a global and regional level. The study provides historical data from 2017 to 2018 along with a forecast from 2019 to 2027 based on revenue (USD Million). The study includes the drivers and restraints of the webs...Read More

5G Applications and Services Market By Communication Type (Enhanced Mobile Broadband, Ultra-Reliable Low Latency Communications, Massive Machine Type Communications, Fixed Wireless Access, and Others), By End-User (Residential, Commercial, and Industrial), and By Industry Vertical (Telecommunications, Automotive, Government, Media and Entertainment, Consumer Electronics, Banking, Energy and Utilities, and Others): Global Industry Perspective, Comprehensive Analysis, And Forecast, 2020–2027

Apr-2019 | Price : $ 4899.00 | Pages: 238 | Report Code: ZMR-4061 | Report Format:

The report analyzes and forecasts the 5G applications and services market on a global and regional level. The study offers a forecast from 2020 to 2027 based on revenue (USD Million). The assessment of 5G applications and services market dynamics gives a brief insight into the drivers and restrain...Read More

Parking Reservation System Market by Type (Off-Street Parking and On-Street Parking), by Solution (Web-Based, Mobile Vertical-Based, and Voice Call-Based), and by Vertical (Retail, Government, Hospitality, Transportation & Transit, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2026

Apr-2019 | Price : $ 4899.00 | Pages: 172 | Report Code: ZMR-4057 | Report Format:

The report covers a forecast and an analysis of the parking reservation system market on a global and regional level. The study provides historical data from 2016 to 2018 along with a forecast from 2019 to 2026 based on revenue (USD Million). The study includes drivers and restraints of the parkin...Read More

Download Brochure
Why Choose Us ?

24/5 Research support

Resolved your research queries from industry expert. Request for a free research sample before report purchase.

Custom research service

Ask the Analyst to customize an exclusive study to serve your research needs.

Quality & Accuracy

Zion Market Research reports offers best quality reports based on various authentic and accurate data findings.

Customer Satisfaction

We ensure that our client's all research needs are met with customized, in-depth analysis solutions.

Information security

We never share your personal and confidential information. Your personal information is safe and secure with us.