Market Overview:
The global shared mobility market is expected to grow at a CAGR of 16.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for shared mobility services owing to the rising concerns over climate change and traffic congestion. In addition, the growing number of startups in this space is also contributing to the growth of this market. The global shared mobility market by type is segmented into bikesharing, carsharing, ridesharing, and others. The carsharing segment is expected to account for the largest share of the global shared mobility market by type during the forecast period from 2018 to 2030. This can be attributed to factors such as rising demand for last-mile connectivity and growing awareness about carsharing among consumers worldwide. The global shared mobility market by application is segmented into cars and two-wheelers.
Product Definition:
Shared Mobility is the term used for modern transportation services that allow people to share a ride, instead of driving themselves. The most common example of shared mobility is ride-sharing, where passengers use an app to find other passengers who are traveling in the same direction and then carpool together. Other examples of shared mobility include bike-sharing, car-sharing, and public transit.
The importance of shared mobility lies in its ability to reduce traffic congestion and pollution while also providing more affordable transportation options for people. Shared mobility can help cities manage their growth by making it easier for people to get around without needing a personal vehicle.
Bikesharing:
BIKESHARING is a form of transportation where bicycles are shared among several users and the total cost of each ride is lower than regular taxis. The service can be used for short-distance travel within a city or for long-distance travel across cities. Bikesharing systems can be operated with various levels of capital investment, ranging from less than USD 1 million to over USD 100 million.
The global market size was valued at USD 2 billion in 2015.
Carsharing:
Carsharing is a sharing of cars between two or more individuals. It is similar to car rental services in that the users make arrangements with an automobile service provider for regular use of a vehicle, but unlike car rental services, cabs are available on an ad-hoc basis and can be used by any member at any time.
Application Insights:
The cars segment dominated the global shared mobility market in 2017 and is expected to continue its dominance over the forecast period. The increasing penetration of smartphones has led to a significant increase in car-sharing applications. Moreover, companies such as Gett have introduced low-cost international travel options through their car-hailing services, which has increased the popularity of car sharing across countries worldwide.
Ridesharing application providers are gaining traction among millennials and younger generation adults who use this mode of transport for daily travels. Major ridesharing operators include Ola Cabs, Uber Technologies Inc., Meru Cabs etc. These companies have gained prominence due to their affordable fares and convenient booking facilities available online or via mobile apps on smart devices such as tablets and smartphones.
Regional Analysis:
The market in Asia Pacific is anticipated to witness significant growth over the forecast period owing to increasing penetration of shared mobility services and rising demand for on-demand transportation solutions. The region accounted for a revenue share of more than 35% in 2016 and is expected to grow at a CAGR exceeding 20% from 2017 to 2030. This can be attributed to the presence of major players such as Uber Technologies Inc.; Lyft, Inc.; 99Taxis; BlaBlaCar; GoJek Indonesia; GrabTaxi, Inc.; DiDi Chuxing (Kuaidi Dache) Co., Ltd., and many more. Moreover, countries such as China are adopting new regulations that support shared vehicles – electric scooters/mopeds/bikes or small cars – thus creating an opportunity for market growth over the next eight years.
Growth Factors:
- Increasing urbanization – with the rise in population, there is an increase in the demand for shared mobility services as these are more efficient and economical than owning a car.
- Rising income levels – as people’s incomes rise, they are able to afford better modes of transportation such as shared mobility services.
- Improved technology – advancements in technology have made it easier and more convenient for people to use shared mobility services.
- Government support – governments are increasingly supporting the growth of shared mobility by investing in infrastructure and promoting regulations that favor its growth.
Scope Of The Report
Report Attributes
Report Details
Report Title
Shared Mobility Market Research Report
By Type
Bikesharing, Carsharing, Ridesharing, Others
By Application
Cars, Two-Wheelers, Others
By Companies
Uber, DiDi Chuxing, Lyft, Gett, Grab, Ola Cabs, MLU B.V. (formerly Yandex.Drive), Meituan Bike (formerly Mobike), BlaBlaCar, FREE NOW (formerly mytaxi), Share Now, EVCARD, Lime (Neutron Holdings), Gofun, Zipcar, Deutsche Bahn Connect GmbH (Flinkster), GreenGo
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
189
Number of Tables & Figures
133
Customization Available
Yes, the report can be customized as per your need.
Global Shared Mobility Market Report Segments:
The global Shared Mobility market is segmented on the basis of:
Types
Bikesharing, Carsharing, Ridesharing, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Cars, Two-Wheelers, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Uber
- DiDi Chuxing
- Lyft
- Gett
- Grab
- Ola Cabs
- MLU B.V. (formerly Yandex.Drive)
- Meituan Bike (formerly Mobike)
- BlaBlaCar
- FREE NOW (formerly mytaxi)
- Share Now
- EVCARD
- Lime (Neutron Holdings)
- Gofun
- Zipcar
- Deutsche Bahn Connect GmbH (Flinkster)
- GreenGo
Highlights of The Shared Mobility Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Bikesharing
- Carsharing
- Ridesharing
- Others
- By Application:
- Cars
- Two-Wheelers
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Shared Mobility Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Shared mobility is the use of shared vehicles, such as bicycles, cars, buses or trains. Shared mobility can be used to commute to work or school, for leisure activities like shopping or sightseeing, and for connecting with friends and family.
Some of the major players in the shared mobility market are Uber, DiDi Chuxing, Lyft, Gett, Grab, Ola Cabs, MLU B.V. (formerly Yandex.Drive), Meituan Bike (formerly Mobike), BlaBlaCar, FREE NOW (formerly mytaxi), Share Now, EVCARD, Lime (Neutron Holdings), Gofun, Zipcar, Deutsche Bahn Connect GmbH (Flinkster), GreenGo.
The shared mobility market is expected to grow at a compound annual growth rate of 16.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Shared Mobility Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Shared Mobility Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Shared Mobility Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Shared Mobility Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Shared Mobility Market Size & Forecast, 2020-2028
4.5.1 Shared Mobility Market Size and Y-o-Y Growth
4.5.2 Shared Mobility Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Bikesharing
5.2.2 Carsharing
5.2.3 Ridesharing
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Cars
6.2.2 Two-Wheelers
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Shared Mobility Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Shared Mobility Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Bikesharing
9.6.2 Carsharing
9.6.3 Ridesharing
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Cars
9.10.2 Two-Wheelers
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Bikesharing
10.6.2 Carsharing
10.6.3 Ridesharing
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Cars
10.10.2 Two-Wheelers
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Bikesharing
11.6.2 Carsharing
11.6.3 Ridesharing
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Cars
11.10.2 Two-Wheelers
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Bikesharing
12.6.2 Carsharing
12.6.3 Ridesharing
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Cars
12.10.2 Two-Wheelers
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Bikesharing
13.6.2 Carsharing
13.6.3 Ridesharing
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Cars
13.10.2 Two-Wheelers
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Shared Mobility Market: Competitive Dashboard
14.2 Global Shared Mobility Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Uber
14.3.2 DiDi Chuxing
14.3.3 Lyft
14.3.4 Gett
14.3.5 Grab
14.3.6 Ola Cabs
14.3.7 MLU B.V. (formerly Yandex.Drive)
14.3.8 Meituan Bike (formerly Mobike)
14.3.9 BlaBlaCar
14.3.10 FREE NOW (formerly mytaxi)
14.3.11 Share Now
14.3.12 EVCARD
14.3.13 Lime (Neutron Holdings)
14.3.14 Gofun
14.3.15 Zipcar
14.3.16 Deutsche Bahn Connect GmbH (Flinkster)
14.3.17 GreenGo
