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How is the Shared Mobility market anticipated to look like in 2021-2027?
The increasing cost of vehicle ownership is expected to drive the global shared mobility market growth during the forecast period
Increasing internet penetration and growing investment in shared mobility organizations have prompted the growth of the market. Moreover, rising traffic congestion on road, lack of parking spaces, excessive fuel prices, and high cost of private car ownership are the factors that might be predicted to help the growth of the market.
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The high growth of the automotive industry and the growth of an integrated environment in the transport industry as well as increased governments initiatives to encourage the growth of such solutions to decrease traffic congestion on roads will provide numerous growth possibilities for the market.
The key players operating in the shared mobility market are:
Avis Budget Group, car2go NA, LLC, Mobiag, movmi, Grab, Uber Technologies Inc., ANI Technologies Pvt. Ltd., Lyft, Inc., Careem, Bolt Technology OÜ, Gett, Hertz Systems, Aptiv, Enterprise Holdings Inc., MOBIKO, Europcar, Curb Mobility, BlaBlaCar, Wingz and Among others.
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By Region Outlook (Revenue, USD Million, 2021-2027)
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