This report describes the global market size of Shared Mobility Market from 2018 to 2021 and its CAGR from 2018 to 2021, and also forecasts its market size to the end of 2030 and its expected to grow with a CAGR of 16.4% from 2023 to 2030.
A vehicle is owned by the operator and rented to the general public for a predetermined amount of time under shared mobility. The vehicle can be shared by several users simultaneously or sequentially.
Due to the COVID-19 pandemic and Russia-Ukraine War Influence, the global market for Shared Mobility Market estimated at US $ million in the year 2022, is projected to reach a revised size of US$ million by 2030, growing at a CAGR of 16.4% during the forecast period 2023-2030. North American market for Shared Mobility Market is estimated to increase from $million in 2022 to reach $ million by 2030, at a CAGR of % during the forecast period of 2023 through 2030.
For geography segment, regional supply, demand, major players, price is presented from 2018 to 2030. This report cover following regions:
Middle East and Africa
The key countries for each regions are also included such as United States, China, Japan, India, Korea, ASEAN, Germany, France, UK, Italy, Spain, CIS, and Brazil etc.
For competitor segment, the report include global key players of Shared Mobility Market as well as some small players. The information for each competitor include:
Main Business Information
Sales Volume, Revenue, Price and Gross Margin
With a remarkable revenue share of almost 57.2% in 2022, the ride-hailing service model category is gaining global impetus. In this model, drivers and passengers are connected via a mobile application platform, making it simpler and more practical for people to find on-demand transportation. The rise of the sharing economy, rising smartphone usage, and a need for more adaptable and economical transportation alternatives have all contributed to the expansion of ride-hailing.
During the forecast period of 20232030, the segment of bike-sharing service models is expected to grow at the fastest rate, with a CAGR of about 17.9%. In this model, people can rent bicycles for a brief period of time through a mobile app platform. A growing number of people are using bike-sharing programmes because they are convenient, affordable, and environmentally friendly. They provide an efficient mode of transit that is frequently quicker and more adaptable than other forms of public transportation.
By amassing a market revenue share of roughly 84.3% in 2022, the cars segment is gaining market traction. As more individuals explore for alternatives to conventional automobile ownership as these services gain popularity, there is an increased desire for convenient, adaptable, and inexpensive transportation solutions, which is driving the market expansion of cars. Additionally, as more people need to travel for work purposes, the growth of the gig economy and flexible work arrangements has also contributed to the growth of shared mobility.
The market sector for two-wheelers is the fastest-growing, with a CAGR of more than 18.0% from 2023 to 2030. The worldwide tourism market is anticipated to rise throughout the forecast period as a result of a number of factors including fast urban expansion, increasing natural resources, restricted energy resources, and economic concerns. The trend of shared transportation has developed dramatically in recent years. Compared to other models, sharing a two-wheeled vehicle is a cheap and quick option that commuters may employ. While car sharing is predicted to demonstrate a significant increase in demand during forecasting, many industrial players make a lot of money to expand their service line.
Middle East & Africa
By obtaining a market revenue share of roughly 55.4% in 2022, Asia Pacific is gaining market traction. There is an increasing need for practical and environmentally friendly travel solutions because the area is home to some of the biggest and fastest-growing cities in the world. Due to the existence of firms like Uber and Grab, ride-hailing services have expanded quickly in the area and have had great success since they provide a practical and economical alternative to traditional taxis. Additionally, a lot of these businesses have expanded their services to cover additional modes of transportation, like car and bike sharing.
Middle East and Africa will see the fastest growth, with a CAGR of 15.0% from 2023 to 2030. Rapid urbanisation and a rising population in the area are driving up demand for more eco-friendly and effective forms of transportation.
Deutsche Bahn Connect GmbH
Drive Now (BMW)
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Base Year: 2022
Historical Data: from 2018 to 2021
Forecast Data: from 2023 to 2030
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