Shared Mobility Market COVID-19 Impact Analysis, Demands and Industry Forecast Report 2027

Shared Mobility Market Overview:

The goal of this research is to provide a thorough examination of the Shared Mobility market by component, application, industry, and geography. The report contains in-depth information on the major factors influencing the growth of the Shared Mobility industry. The study also includes a comprehensive examination of the market's value chain.

The potential expansion of e-hailing, car sharing, urban air mobility and a variety of other mobility solutions is changing the way we travel. Drivers now have a number of affordable and convenient alternatives to vehicle ownership, which will continue to grow over the next decade. The shared mobility market is currently worth over $ 60 billion in the three largest markets of China, Europe and the United States. As self-driving taxis and shuttles become more common and the city's aerial movement passes through the pilot phase, it will bring even greater benefits in the future. With this momentum, the annual growth rate of shared mobility solutions is expected to exceed 20% by 2030.

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Shared Mobility Market Scope:

The method used to assess and forecast the Shared Mobility market begins with the collection of revenue data from key suppliers via secondary research sources. Vendor offerings are also taken into account when defining market segmentation. The income of major corporations was used to estimate the total size of the Shared Mobility market using the bottom-up method.

Shared Mobility Market Segmentation:

E-hailing maintained a clear dominant role in the shared mobility market from 2016 to 2019, recording significant growth over the last four years, according to an NHTSA survey that looks at the evolution of travel development over time. (The trips are tripled in number.) Even more rapidly, shared micromobility is evolving. Before 2017, sharing electric scooters wasn't a big deal, but it picked up speed in 2018 and 2019. (from less than 1 million rides in 2017 to more than 160 million rides in 2019). with the largest participant). According to the SMR model, personal consumption from micromobility could reach $300–500 billion globally by 2030. (given the combination of shared and private micromobility). This is three to four times bigger than the current global market for electronic hailing.

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Shared Mobility Market Key Players:

  • Global car sharing car rental Ltd. (China)
  • Grab (Singapore)
  • Uber Technologies Inc. (USA)
  • ANI Technologies Pvt. Ltd. (India)
  • Lyft Inc. (USA)
  • Avis Budget Group (USA)
  • car2go NA, LLC (USA)
  • Careem (UAE)
  • Taxify OÜ (Now Bolt) (Estonia)

COVID-19 Impact Analysis on Shared Mobility Market:

COVID-19 is a historic global public health emergency that has impacted nearly every business, and the long-term consequences are expected to impact industry growth throughout the projection period. Our ongoing research includes basic COVID-19 concerns as well as potential next steps. The study illuminates COVID-19 by taking into account changes in consumer behaviour and demand, purchasing patterns, supply chain re-routing, the dynamics of modern market forces, and significant government initiatives. The updated report includes insights, analysis, projections, and predictions based on the market impact of COVID-19.

Key Questions Answered in the Shared Mobility Market Report are:

  • Which segment had the largest share in the Shared Mobility market?
  • How is the competitive scenario of the Shared Mobility market in 2020?
  • Which are the key drivers impacting the Shared Mobility market growth?
  • Which region holds the maximum share in the Shared Mobility market?
  • What will be the CAGR of the Shared Mobility market during the forecast period (2021-2027)?

About Stellar Market Research:

Stellar Market Research is a market research and consulting firm that provides syndicated and custom research reports in addition to consulting services. The main goal of the company's products is to assist businesses in identifying, focusing on, and analysing changes in consumer behaviour across demographics and industries to assist them in making better business decisions. In order to provide relevant and fact-based research, the company conducts market intelligence studies in a variety of industries, including healthcare, touch points, and energy. With experience in many different industries, Stellar Market Research has a sizable staff of highly qualified analysts. Clients can gain a competitive advantage over their rivals thanks to the company's subject-matter expertise and capacity to provide a workable solution to any research problem.

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