Ridesharing is a new concept that has become very popular in the field of car hailing, car sharing and carpooling. Market players have developed apps where a vehicle driver or car driver can offer a ride and the app users can avail the offer according to the price and route mentioned by the driver. People in developing countries make use of car riding services quite often. It enables travelling distances with comfort and ease at a lower price. Mobility sharing market is expected to grow considerably during the forecast period.
The "Global Mobility Sharing Market Analysis to 2028" 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 mobility sharing market with detailed market segmentation by type, vehicle type, business model, and geography. The report provides key statistics on the market status of the leading mobility sharing market players and offers key trends and opportunities in the market.
- Based on type, the global mobility sharing market is segmented into ride sharing and vehicle rental.
- On the basis of vehicle type, the market is segmented into passenger cars, light commercial vehicle (LCV), buses and coaches and micro mobility.
- Based on business model, the market is bifurcated into P2P, B2B and B2C.
- Increasing use of smartphone and internet all over the world.
- Rising urbanization and increasing per capita disposable income to boost the growth of mobility sharing market.
- Growing awareness regarding protection of environment .
- Different transport policies from one country to other.
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 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The mobility 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 market during 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 mobility sharing market in these regions.
IMPACT OF COVID-19 ON MOBILITY 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. Since lockdown was imposed in many regions across the world, movement of individuals was restricted. Also, company gave work from home to its employees where it was possible. These factors have impacted this market to a great extent. However post pandemic, this market is expected to boost all over the world.
The report covers key developments in the mobility 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 market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from mobility sharing market are anticipated to lucrative growth opportunities in the future with the rising demand for mobility sharing in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the mobility 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.
- ANI Technologies Pvt. Ltd.
- Avis Budget Group, Inc.
- Lyft, Inc.
- Omoove s.r.l.
- Taxify O
- The Hertz Corporation
- Uber Technologies Inc.
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.