Corporate Car-sharing Market Size, Trends, Shares, and Forecast - 2031

MARKET OVERVIEW

The car-sharing is one name for a range of very different solutions. It can be provided by a specialized private company, by a public agency, or by an ad-hoc group as a P2P service. It can be free-floating, station-based, or intra-corporate. Corporate car sharing is a service/platform offered by organizations, companies, and corporations that offer transportation services to their employees. A company can operate a car-sharing service by hiring an external service provider or on its own. The advantages for the companies through this service include, reduces fleet management costs for the company, enable employees to stay punctual, and eliminates the requirement for a large parking lot.

MARKET SCOPE

The "Global Corporate car-sharing Market Analysis to 2031" is a specialized and in-depth study of the automotive and transportation industry with a special focus on the global market trend analysis. The report aims to provide an overview of the corporate car-sharing market with detailed market segmentation by enterprise size, vehicle type, and geography. The report provides key statistics on the market status of the leading corporate car-sharing market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

•   Based on enterprise size, the global corporate car-sharing market is segmented into large enterprise.
  
•   On the basis of vehicle type, the market is segmented into economy, SUV and luxury.
  

MARKET DYNAMICS

Drivers:

•   The major factors driving the growth of the corporate car-sharing market are increasing smartphone and internet penetration and an increase in the cost of vehicle ownership.
  
•   Further, governments around the world are increasingly putting efforts to reduce carbon emissions and environmental pollution that are encouraging players to provide car rental services, thereby supporting government initiatives.
  
•   Moreover, electric vehicles are anticipated to offer lucrative opportunities to corporate car-sharing companies.
  

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The corporate car-sharing market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the corporate car-sharing market in these regions.

IMPACT OF COVID-19 ON CORPORATE CAR-SHARING MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.

MARKET PLAYERS

The report covers key developments in the corporate car-sharing market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from corporate car-sharing market are anticipated to lucrative growth opportunities in the future with the rising demand for corporate car-sharing in the global market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the corporate car-sharing market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

•   Alphabet
  
•   car2go
  
•   cambio CarSharing
  
•   Cityhop
  
•   Communauto inc
  
•   eHi Auto Services Limited
  
•   Enterprise CarShare
  
•   GoGet Carshare
  
•   Ubeeqo
  
•   Zipcar
  
  

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Corporate Car-sharing Report Scope