The Worldwide Shared Mobility Market is Projected to reach USD 454.4 Billion by 2028, at a CAGR of 15.4%

Published Date: 30-Jun-2022

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Shared Mobility Market Growth, Trends and Report Highlights

According to a new report, published by KBV research, The Global Shared Mobility Market size is expected to reach $454.4 billion by 2028, rising at a market growth of 15.4% CAGR during the forecast period.

The Ride Hailing segment acquired maximum revenue share in the Global Shared Mobility Market by Service Model in 2021, thereby, achieving a market value of $209.6 billion by 2028. The increase is attributable to the increasing use of the internet in emerging countries and by people all over the world. The emergence of new sorts of services aimed at ensuring complete customer satisfaction is also likely to boost the segment's growth.

The Two-wheelers segment is showcasing a CAGR of 15.9% during (2022 - 2028). Several industrial firms profit handsomely from expanding their service offerings and car sharing is expected to show a large upsurge throughout coming years. It has a significant impact on the fall in the number of people who own cars. Due to advantages like as flexibility & automation, the advent of free-floating free models in developed nations is projected to boost car share in the foreseeable term.

The Asia Pacific market dominated the Global Shared Mobility Market by Region in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $210.9 billion by 2028. The Europe market is estimated to witness a CAGR of 14.8% during (2022 - 2028). Additionally, The North America market would experience a CAGR of 14.5% during (2022 - 2028).

Full Report:

The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Lyft, Inc., Grab Holdings Inc. Avis Budget Group, Inc., DiDi Global Inc., Deutsche Bahn Connect GmbH (Deutsche Bahn AG), Uber Technologies, Inc., GT Gettaxi (UK) Limited, Ola Cabs (ANI Technologies Pvt. Ltd.), Share Now GmbH, and Global Car Sharing and Rental Co., Ltd.

Global Shared Mobility Market Segmentation

By Service Model

  • Ride Hailing
  • Ride Sharing
  • Car Sharing
  • Bike Sharing
  • Others

By Vehicle

  • Cars
  • Two-wheelers
  • Others

By Geography

  • North America
    • US
    • Canada
    • Mexico
    • Rest of North America
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Singapore
    • Malaysia
    • Rest of Asia Pacific
    • Brazil
    • Argentina
    • UAE
    • Saudi Arabia
    • South Africa
    • Nigeria
    • Rest of LAMEA

Companies Profiled

  • Lyft, Inc.
  • Grab Holdings Inc
  • Avis Budget Group, Inc.
  • DiDi Global Inc.
  • Deutsche Bahn Connect GmbH (Deutsche Bahn AG)
  • Uber Technologies, Inc.
  • GT Gettaxi (UK) Limited
  • Ola Cabs (ANI Technologies Pvt. Ltd.)
  • Share Now GmbH
  • Global Car Sharing and Rental Co., Ltd

Unique Offerings from KBV Research

  • Exhaustive coverage
  • The highest number of Market tables and figures
  • Subscription-based model available
  • Guaranteed best price
  • Assured post sales research support with 10% customization free

Related Reports:

North America Shared Mobility Market Size & Opportunities 2022-2028

Europe Shared Mobility Market & Growth Forecast 2022-2028

Asia Pacific Shared Mobility Market Share & Industry Outlook to 2028

LAMEA Shared Mobility Market Growth, Trends & Forecasts 2022-2028

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