B2C Mobility Sharing Market: Global Industry Analysis, Trends, and Forecast 2027

B2C Mobility Sharing market size was estimated at USD 35 Bn. in 2020. It is expected to grow at a CAGR of 30% from 2021 to 2027.

B2C Mobility Sharing Market Overview:

B2C mobility sharing services include vehicle share, ride-hailing, & ride-sourcing, which are given directly to consumers by the provider. The vehicles utilized in this service are owned by the service providers. The services provided are determined by the number of days or distance covered. Sharing mobility is a novel mode of transportation that has been shown to increase average car occupancy and reduce the number of vehicles required to transport multiple customers. Thanks to rapidly growing automotive sales, the shared mobility industry has a great potential for growth over the forecast period of 2021 to 2027. Also, expanding connected vehicles and penetration of smartphones, as well as increased on-road vehicle traffic and fuel prices, are all affecting the shared mobility market's growth. Another factor driving the expansion of the shared mobility industry is the increased per capita income and the increasing costs of vehicle ownership, which is prompting consumers to look for alternate modes of transportation. Providers often own/lease and manage many vehicles in B2C service models, and users pay the subscription and/or use fees to use these vehicles. Shared mobility is a form of transportation service in which businesses provide commercial cars to people who need to travel from one location to another. Owners of various commercial cars donate their fleets to an organization, which then makes these vehicles available for ride-sharing, hiring, and mobility. Because of the constantly expanding automotive sales, the shared mobility industry has a significant potential to grow so over the forecast period of 2020 through 2027. Furthermore, the growing use of linked vehicles and smartphones, as well as increased on-road traffic and fuel costs, are all affecting the expansion of the shared mobility sector. Another driver boosting the growth of the shared mobility market is the increased per capita income as well as the increasing costs of vehicle ownership, which is encouraging people to choose another option to solve their transportation problems. In addition, during the forecast period, the creation of alternate mobility modes for reducing traffic congestion and greenhouse gas (GHG) emissions is expected to expand significantly. However, the market for shared mobility has a few limitations that might stymie its potential growth, such as a lack of preference for traveling with strangers while sharing transportation, as well as growing concerns about the theft of private information, and the requirement of taking a longer popular route because of able to share transportation, all of which have the potential to stymie this same market's growth in the above-mentioned ways. Moreover, in the forecast period of 2021 to 2027, the strong growth of the automobile industry and the growth of a coordinated effectively within the transportation industry, as well as greater government initiatives to encourage the growth of such alternatives to reduce traffic congestion on roads, will provide a variety of growth opportunities for the shared mobility market. B2C Mobility Sharing Market To know about the Research Methodology :- Request Free Sample Report COVID-19 Impact: Aerospace & defense, electronics, banking, financial services, & insurance, among other industries, have all been affected by the COVID-19 pandemic. COVID-19 has had an impact on the B2C Mobility Sharing Market in general, & the growth rate has been impacted in 2019-2020 as the impact of COVID-19 has spread. Our report's recent study, viewpoints, & bits of knowledge on administration are critical to organizations & associations about the B2C Mobility Sharing Market, which is driving through the COVID-19 emergency to oversee risk digitizing tasks to convey trusted data & encounters to the chiefs. The market's expansion is expected to be hampered by the lack of community taxi and transportation services. During the forecast period, the public's preference for local cab and transportation services is projected to stifle industry expansion. The market is further restrained by the strong opposition of these local taxi and transportation providers. During the forecast period, the lack of B2C mobility solutions in non-urban areas is expected to stymie market expansion. New opportunities are forecast to emerge as the demand for cost-effective transportation solutions grows: During the forecast period, the market is expected to see new opportunities as demand for shared mobility services with cost-effective transportation grows. During the forecast period, increasing technical improvement in semi-automated and fully automated or self-driving vehicles is expected to create new opportunities for the B2C mobility sharing market. Over the forecast period, government support for the usage of an electric car for shared mobility is expected to generate new opportunities for the market. Vehicle Type Overview: During the projection period, the increasing desire for comfortable and safe journeys is expected to push the automobile sector's demand. Mobility sharing with a car is an efficient mode of commuting and transportation inside the city. Over the forecast period, the rising popularity of automatic or self-driving automobiles is likely to drive market growth. Using a car for mobility sharing is a cost-effective alternative to taking a cab or taking a bus. The objective of the report is to present a comprehensive analysis of the Global B2C Mobility Sharing Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include Market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the Global B2C Mobility Sharing Market dynamics, structure by analyzing the Market segments and projecting the Global B2C Mobility Sharing Market size. Clear representation of competitive analysis of key players by Service Model, price, financial position, Service Model portfolio, growth strategies, and regional presence in the Global B2C Mobility Sharing Market make the report investor’s guide.

Global B2C Mobility Sharing Market Scope: Inquiry Before Buying

Global B2C Mobility Sharing Market
Report Coverage Details
Base Year: 2020 Forecast Period: 2021-2027
Historical Data: 2016 to 2020 Market Size in 2020: US $35 Bn
Forecast Period 2021 to 2027 CAGR: 30 % Market Size in 2027: US $99 Bn
Segments Covered: by Service Model • Staple • Filament
by Vehicle Type • Apparel • Household Furnishing • Industrial • Others

Global B2C Mobility Sharing Market, by region

• North America • Europe • Asia Pacific • The Middle East and Africa • South America

Global B2C Mobility Sharing Market Key Players

Uber Technologies Inc. • ANI Technologies Pvt. Ltd. (OLA) • Lyft Inc. • Grab • Careem • Taxify OÜ • Beijing Xiaoju Technology Co Ltd. (Didi Chuxing) • Cabify • Europcar • The Hertz Corporation • Avis Budget Group Inc. • Enterprise Holdings Inc. FAQS: 1) What is the share of the Global B2C Mobility Sharing Market in 2020? Answer: The Global B2C Mobility Sharing Market was accounted for 35 Million in the year 2020. 2) Which Vehicle Type segment is dominating the Global B2C Mobility Sharing Market? Answer: Car’s sector is the dominating end-use segment in the market. 3) What are the key players in the Global B2C Mobility Sharing Market? Answer: Uber Technologies Inc. ANI Technologies Pvt. Ltd. (OLA), Lyft Inc., Grab Careem, Taxify OÜ, Beijing Xiaoju Technology Co Ltd. (Didi Chuxing), Cabify, Europcar The Hertz Corporation, Avis Budget Group Inc., Enterprise Holdings Inc. 4) Which factor acts as the driving factor for the growth of the B2C Mobility Sharing Market? Answer: The major factors for the growth of the Global B2C Mobility Sharing market includes rapidly increasing automotive sales. Furthermore, rising connected vehicle and smartphone penetration.
1. Global B2C Mobility Sharing Market: Research Methodology 2. Global B2C Mobility Sharing Market: Executive Summary 2.1. Market Overview and Definitions 2.1.1. Introduction to Global B2C Mobility Sharing Market 2.2. Summary 2.2.1. Key Findings 2.2.2. Recommendations for Investors 2.2.3. Recommendations for Market Leaders 2.2.4. Recommendations for New Market Entry 3. Global B2C Mobility Sharing Market: Competitive Analysis 3.1. MMR Competition Matrix 3.1.1. Market Structure by region 3.1.2. Competitive Benchmarking of Key Players 3.2. Consolidation in the Market 3.2.1 M&A by region 3.3. Key Developments by Companies 3.4. Market Drivers 3.5. Market Restraints 3.6. Market Opportunities 3.7. Market Challenges 3.8. Market Dynamics 3.9. PORTERS Five Forces Analysis 3.10. PESTLE 3.11. Regulatory Landscape by region • North America • Europe • Asia Pacific • The Middle East and Africa • Latin America 3.12. COVID-19 Impact 4. Global B2C Mobility Sharing Market Segmentation 4.1. Global B2C Mobility Sharing Market, by Service Model (2020-2027) • Car Sharing • Bike Sharing • Scooter Sharing • Ride-Hailing • Others 4.2. Global B2C Mobility Sharing Market, by Vehicle Type (2020-2027) • Cars • Two Wheelers • Others 5. North America Global B2C Mobility Sharing Market (2020-2027) 5.1. North America B2C Mobility Sharing Market, by Service Model (2020-2027) • Car Sharing • Bike Sharing • Scooter Sharing • Ride-Hailing • Others 5.2. North America B2C Mobility Sharing Market, by Vehicle Type (2020-2027) • Cars • Two Wheelers • Others 5.3. North America B2C Mobility Sharing Market, by Country (2020-2027) • United States • Canada • Mexico 6. European B2C Mobility Sharing Market (2020-2027) 6.1. European B2C Mobility Sharing Market, by Service Model (2020-2027) 6.2. European B2C Mobility Sharing Market, by Vehicle Type (2020-2027) 6.3. European B2C Mobility Sharing Market, by Country (2020-2027) • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest Of Europe 7. Asia Pacific B2C Mobility Sharing Market (2020-2027) 7.1. Asia Pacific B2C Mobility Sharing Market, by Service Model (2020-2027) 7.2. Asia Pacific B2C Mobility Sharing Market, by Vehicle Type (2020-2027) 7.3. Asia Pacific B2C Mobility Sharing Market, by Country (2020-2027) • China • India • Japan • South Korea • Australia • ASEAN • Rest Of APAC 8. The Middle East and Africa B2C Mobility Sharing Market (2020-2027) 8.1. The Middle East and Africa B2C Mobility Sharing Market, by Service Model (2020-2027) 8.2. The Middle East and Africa B2C Mobility Sharing Market, by Vehicle Type (2020-2027) 8.3. The Middle East and Africa B2C Mobility Sharing Market, by Country (2020-2027) • South Africa • GCC • Egypt • Nigeria • Rest Of ME&A 9. Latin America B2C Mobility Sharing Market (2020-2027) 9.1. Latin America B2C Mobility Sharing Market, by Service Model (2020-2027) 9.2. Latin America B2C Mobility Sharing Market, by Vehicle Type (2020-2027) 9.3. Latin America B2C Mobility Sharing Market, by Country (2020-2027) • Brazil • Argentina • Rest Of Latin America 10. Company Profile: Key players 10.1. Uber Technologies Inc. 10.1.1. Company Overview 10.1.2. Financial Overview 10.1.3. Global Presence 10.1.4. Capacity Portfolio 10.1.5. Business Strategy 10.1.6. Recent Developments 10.2. ANI Technologies Pvt. Ltd. (OLA) 10.3. Lyft Inc. 10.4. Grab 10.5. Careem 10.6. Taxify OÜ 10.7. Beijing Xiaoju Technology Co Ltd. (Didi Chuxing) 10.8. Cabify 10.9. Europcar 10.10. The Hertz Corporation 10.11. Avis Budget Group Inc. 10.12. Enterprise Holdings Inc.

About This Report

Report ID 81705
Category Automotive and Transportation
Published Date February 2021
Updated Date Jan 2022
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