Global shared mobility market is expected to reach $138.7 billion by 2023


DALLAS, March 28, 2019 (GLOBE NEWSWIRE) -- According to a new market report published by Lucintel, the future of global shared mobility market looks promising with opportunities in the ride, car and bike sharing. The global shared mobility market is expected to reach an estimated $138.7 billion by 2023 with a CAGR of 15.2% from 2018 to 2023. The major drivers for this market are low cost and ease of use services, increasing traffic congestion, parking issues, and environmental concerns.

Browse 89 market data tables and 121 figures spread through 225 pages and in-depth TOC on “Global Shared Mobility Market" at https://www.lucintel.com/shared-mobility-market.aspx

In this market, different types of shared mobility such as bike sharing, ride sharing and car sharing are used as mode of sharing. On the basis of its comprehensive research, Lucintel forecasts that the car sharing and bike sharing segment will show above-average growth during the forecast period.

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APAC will remain the largest region and it is also expected to witness highest growth over the forecast period due to the governmental initiatives to reduce carbon emission and traffic congestion in the region.

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Emerging trends, which have a direct impact on the dynamics of the shared mobility industry, include rise of micro mobility services, emergence of specialized suppliers to integrate technology & services, and increasing adaptation of electric vehicles. Uber Technologies, DiDi Chuxing Technology, Lyft, Daimler, Grab Taxi, BlaBlaCar, ANI Technology, Zipcar, Ofo, and Mobiko and others are among the major shared mobility manufacturers.

Lucintel, a leading global strategic consulting and market research firm, has analyzed the global shared mobility market by mode of sharing, booking type, vehicle type, customer type, and region and has come up with a comprehensive research report entitled  “Growth Opportunities in the Global Shared Mobility Market 2018-2023: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy as it provides a comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the global shared mobility market by mode of sharing, booking type, vehicle type, customer type, and region.

For a detailed table of contents, contact Lucintel at +1-972-636-5056 or mail at helpdesk@lucintel.com