ALBANY, New York, July 9, 2019 /PRNewswire/ -- The global shared mobility market is foreseen to witness a boom in the coming years. The important players leading the global shared mobility market are ANI Technologies Pvt. Ltd. (OLA), Uber Technologies Inc., Lyft, Inc., Careem, Grab, and Taxify OÜ. These players are indulging into strategic alliances such as mergers and acquisitions, partnerships and collaborations. Many automobile manufacturers are getting into the shared mobility services. Despite high competition, the shared mobility market is likely to flourish well in coming years.

According to a recent report by Transparency Market Research, the global shared mobility market is likely to expand at a steady CAGR of 8% within the forecast period from 2018 to 2026.

On the basis of sector type, the global shared mobility market is bifurcated into organized and unorganized. Out of these, the organized sector holds the highest revenue obtained from passenger transportation facilities. The share of this segment fluctuates as per the advancement in technology, better internet services, popularity of smartphones, rising awareness regarding internet-based service providers all over the globe. Geographically, North America is likely to lead the global shared mobility market due to faster internet services, and increased adoption of technology in the region. The region is trailed by Europe.

Planning to Lay Down Future Strategy? Perfect Your Plan with Our Report Brochure here: https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=53679

Low per Capita Income to Instigate Demand in Shared Mobility Market

Major aspects of the global shared mobility market are low per capita pay of individuals in developing countries. Shared mobility service give a temporary possession to purchasers at an altogether lower cost, and henceforth, buyers get inclined towards shared vehicles as opposed to owning one. A vehicle, when not shared, is used for up to 5% of its entire life; it stays parked for 95% of its life. Thinking about this, few vehicle proprietors are promptly sharing their vehicles. Surge in number of vehicle owners has led to high traffic jam and surge in pollution across the globe. Thusly, authorities are also encouraging elective fuel controlled vehicles and other methods of transportation that are equipped for reducing the global temperature rise.

Shared mobility services are adequately fit for decreasing the number of owners of vehicles and thus, governing bodies are imposing guidelines for shared mobility services. Rise in tourism, surge in number of family outings, and per capita pay are filling the demand regarding shared mobility service. Rising number of working class individuals is noticeably filling the demand for shared mobility benefits over the globe. Increase in number of mobile owners, accessibility of quicker web service, accessibility of mobility sharing applications, and rising awareness among the consumers are accelerating the growth of the global shared mobility market.

Want to Know the Obstructions to your company's Growth in Future? Request a PDF Sample here: https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=53679 

Emergence of E-vehicles to Support Growth in Shared Mobility Market

Inclusion of autonomous and electric vehicles is foreseen to decrease the price of shared mobility services. Electric vehicles also help in decreasing fuel expenses that help reduce entire utilization cost of mobility sharing services, for example, ride sourcing and ride sharing. As a result, it is estimated to boost the demand for on-demand services around the world. Autonomous vehicles are likely to eliminate the human drivers and resultantly, the expense spent on them. Lesser number of vehicles per person in various countries is also propelling the growth in global shared mobility market, such that they provide interesting opportunities in future.

This analysis is based on a recent market research report by Transparency Market Research, titled, "Shared Mobility Market (Sector Type - Unorganized, Organized; Type - Ride-sharing, Vehicle Rental/Leasing, Ride Sourcing, Private; Vehicle Type - Passenger Cars, LCVs, Buses and Coaches, Micro mobility; Business Model - P2P, B2B, B2C; Autonomy Level – Manual, Semi-autonomous, Autonomous; Power Source - Fuel Powered, HEV (HEV), PHEV (PHEV), BEV (BEV)) – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 – 2026."

Looking for Exclusive Market Insights from Business Experts? Request a Custom Report here: https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=53679 

The global Shared Mobility Market has been segmented as follows:

• Sector Type
• Unorganized
• Organized 
• Type
• Ride-sharing
• Vehicle Rental/Leasing
• Ride Sourcing
• Private 
• Vehicle Type
• Passenger Cars
• LCVs
• Buses & Coaches
• Micro mobility 
• Business Model
• P2P
• B2B
• B2C 
• Autonomy Level
• Manual
• Semi-autonomous
• Autonomous 
• Power Source
• Fuel Powered
• HEV (HEV)
• PHEV (PHEV)
• BEV (BEV) 
• Region/ by Country/ Sub-region
• North America
• U.S.
• Canada
• Europe
• Germany
• U.K.
• France
• Italy
• Spain
• Rest of Europe
• Asia Pacific
• China
• India
• Japan
• ASEAN
• Rest of Asia Pacific
• Middle East & Africa (MEA)
• GCC
• South Africa
• Rest of MEA
• Latin America
• Brazil
• Mexico
• Rest of Latin America

Browse More Automotive & Transport Market Research Reports

Popular Research Reports by TMR:

• Car Leasing Market - http://www.transparencymarketresearch.com/car-leasing-market.html
• Smart Key for Cars Market - http://www.transparencymarketresearch.com/smart-key-cars-market.html
• Car Charger Market - https://www.transparencymarketresearch.com/car-charger-market.html
• Solar Powered Car Market - https://www.transparencymarketresearch.com/solar-powered-car-market.html  

About Us

Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals.

Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.

TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision.

Contact
Mr. Rohit Bhisey
Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: https://www.transparencymarketresearch.com 
Research Blog: https://tmrblog.com/ 

Logo: https://mma.prnewswire.com/media/664869/Transparency_Market_Research_Logo.jpg

SOURCE Transparency Market Research