Global Shared Mobility Market to Grow at a CAGR of 8% Over the Period Between 2018 and 2026, Reaching a Value of US$ 608 Bn by 2026: Transparency Market Research

Development of an integrated ecosystems within the transport industry has made room for the emergence of shared mobility services. The latter has emerged as an important component of the transport system of cities and municipalities, offering utility and sustainability for the masses. Development of an integrated ecosystems within the transport industry has made room for the emergence of shared mobility services. The latter has emerged as an important component of the transport system of...

ALBANY, New York, 04/02/2020 (informazione.news - comunicati stampa - trasporti)

https://www.transparencymarketresearch.com/shared-mobility-market.html

State-authorities have given a seal of credibility to various modes of shared mobility used across the wide expanse of municipalities. Apart from serving overarching utility to the middle-income groups, shared mobility services have played a defining role in controlling traffic, reducing carbon footprint, and alleviating the complexity of transport networks. Some of the prominent drivers of demand within the global shared mobility market are listed below:

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The trend of shared mobility services has gathered momentum in Europe , majorly due to the sophistication of public transport systems in the region. Furthermore, high prices of fuel in the region have also compelled the masses to resort to shared mobility services. In the Middle East , the trend of shared mobility is gathering momentum with growing influx of expats who come to the region to fulfil their corporate ambitions.

The leading vendors in the global shared mobility market are contracting their name and services to private entities. This trend shall help these players in establishing a footfall in the global market. Some of the leading players in the global shared mobility market are ANI Technologies Pvt. Ltd. (OLA), Uber Technologies Inc., Lyft, Inc., Careem, Grab, and Taxify OÜ.

– The study provides a decisive view of the global ride-sharing market by segmenting it in terms of commuting distance, service provider, vehicle type, autonomy level, operating body, electric vehicle type, business model, and geography.

 �� The market for on-demand transportation services is primarily driven by the lower middle class population owing to its low per capita income. Moreover, the market is expanding significantly in developing nations such as China and India .

 – The electric bus market is expected to surpass US$ 165 Bn by 2026, expanding at a CAGR of more than 24% during the forecast period. The market for electric buses is anticipated to expand at a significant growth rate during the forecast period, owing to rising concern of society toward the environment.

 – The global market was valued at approximately US$ 4.0 Bn in 2016 and is anticipated to expand at a CAGR of over 6.0% from 2017 to 2025 to reach value of approximately US$ 7.0 Bn by 2025.

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