Shared Mobility Market Analysis, Size, Share, Growth and Opportunity Assessment till 2026
Market Research Reports Search Engine (MRRSE) has recently updated its massive report catalog by adding a fresh study titled “Shared Mobility Market Analysis, Size, Share, Growth and Opportunity Assessment till 2026”. This business intelligence study encapsulates vital details about the market current as well as future status during the mentioned forecast period of 2026. The report also targets important facets such as market drivers, challenges, latest trends, and opportunities associated with a growth of manufacturers in the global market for Shared Mobility. Along with these insights, the report provides the readers with crucial insights on the strategies implemented by leading companies to remain in the lead of this competitive market.
The report comprises a detailed value chain analysis, which provides a comprehensive view of the global shared mobility market. The Porter’s Five Forces model for the market has also been included to help understand the competitive landscape in the market. The study encompasses market attractiveness analysis, wherein the service is benchmarked based on market size, growth rate, and general market share.
Incorporation of electric and autonomous vehicles is likely to reduce the cost of shared mobility services. Electric vehicles reduce fuel expenses, which reduces the overall cost of utilizing mobility sharing services, such as ride sharing and ride sourcing. This, in turn, is likely to fuel the demand for such on-demand services across the globe. Autonomous vehicles are expected to eliminate the driver and subsequently, expenses over the driver. Lower number of vehicles per capita across several nations is fueling the demand for shared mobility services, which in turn is likely to offer lucrative opportunities to the global shared mobility market. Forward integration of vehicle manufacturers in the shared mobility market is likely to offer considerable opportunities to the market.
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The study provides a decisive view of the global shared mobility market by segmenting it in terms of sector type, type, vehicle type, business model, autonomy level, power source, and region. These segments have been analyzed based on present and future trends. Regional segmentation includes the current and forecast demand for shared mobility service in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report also covers the demand for individual segments in all major countries across all the regions.
The study includes profiles of major companies operating in the global shared mobility market. Market players have been profiled in terms of attributes such as company overview, financial overview, business strategies, recent developments, key executive bios, and manufacturing footprint.
The global shared mobility market is primarily driven by the fueling demand for internet- and smartphone-based shared mobility services such as ride-sharing and ride sourcing. Lower number of vehicles per 1000 people across several nations, increase in population, rapid rise in urbanization, and rise in number of working class people willing to travel to their workplaces and homes coupled with a lack of proper public transportation facilities are fueling the demand for ride hailing services across the globe, which in turn is fueling the global shared mobility market.
The report provides the estimated market size of shared mobility for 2017 and forecast for the next nine years. The global market size has been provided in terms of revenue. Market numbers have been estimated based on sector type, type, vehicle type, business model, autonomy level, power source, and geography segments. Market size and forecast for each sector type, type, vehicle type, business model, autonomy level, and power source have been provided in terms of global and regional/country markets.
In order to compile the research report, we conducted in-depth interviews and discussions with a number of key industry participants and opinion leaders. Primary research represents the bulk of research efforts, supplemented by extensive secondary research. We reviewed key player’s product literature, annual reports, press releases, and relevant documents for competitive analysis and market understanding. Secondary research also includes a search of recent trade, technical writing, internet sources, and statistical data from government websites, trade associations, and agencies. This has proven to be the most reliable, effective, and successful approach for obtaining precise market data, capturing industry participants’ insights, and recognizing business opportunities.
Secondary research sources that are typically referred to include, but are not limited to company websites, annual reports, financial reports, broker reports, investor presentations, and SEC filings, internal and external proprietary databases, and relevant patent and regulatory databases, national government documents, statistical databases, and market reports, news articles, press releases, and webcasts specific to companies operating in the market, National government documents, statistical databases, and market reports, American Automobile Association, European Automobile Manufacturers Association, Automotive Research Association of India, Organisation Internationale des Constructeurs d’Automobile (OICA), Consumer Connectivity Association, ACRA, World Bank, Factiva, etc.
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Primary research involves e-mail interactions, telephonic interviews, LinkedIn interviews, and face-to-face interviews for each market, category, segment, and sub-segment across geographies. We conduct primary interviews on an ongoing basis with industry participants and commentators in order to validate the data and analysis. Primary interviews provide firsthand information on market size, market trends, growth trends, competitive landscape, and outlook, etc. These help validate and strengthen secondary research findings. These also help to develop the analysis team’s expertise and market understanding.
The global shared mobility market has been segmented as follows:
Global Shared Mobility Market, by Sector Type
Global Shared Mobility Market, by Type
Global Shared Mobility Market, by Vehicle Type
Buses & Coaches
Global Shared Mobility Market, by Business Model
Global Shared Mobility Market, by Autonomy Level
Global Shared Mobility Market, by Power Source
Global Shared Mobility Market, by Region/ by Country/ Sub-region
Rest of Europe
Rest of Asia Pacific
Middle East & Africa (MEA)
Rest of MEA
Rest of Latin America
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