Global B2C Mobility Sharing Market: 2019-2027

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The Global B2C Mobility Sharing Market holds the potential to reach USD XX Mn. by 2027 during a forecast period.

The report includes an analysis of the impact of COVID-19 lockdown on the revenue of market leaders, followers, and disruptors. Since the lockdown was implemented differently in various regions and countries; the impact of the same is also seen differently by regions and segments. The report has covered the current short-term and long-term impact on the market, and it would help the decision-makers to prepare the outline and strategies for companies by region.

B2C mobility sharing consists of ride or vehicle sharing services that are delivered by the service provider company. These types of services are provided in urban areas where public transport is overburdened. Vehicles used for this business model are owned or leased by the service-providing company. B2C mobility sharing market has high-growth potential, thanks to the increasing need for mobility service in urban areas.

The report has covered, demand drivers & pricing by region, and profit margins of key players operating in this industry. A detailed analysis of restraints and challenges in the market is also covered with examples by region. It also has covered the analysis of key player’s growth strategies, micro and macro analysis of markets, key developments, and key trends in the market.
Global B2C Mobility Sharing Market Dynamics

Growing demand for transportation services is driving the market

Demand for transportation services in urban areas is increasing, thanks to the growing urbanization and changing lifestyle of the populace. Overly burdened public transport in urban areas is expected to drive the demand of the B2C mobility sharing market. The presence of areas with the unavailability of public transport is also expected to accelerate the market growth over the forecast period.

In addition to this, a lower vehicle ownership rate is anticipated to boost the market during the forecast period. B2C mobility sharing services allow the consumer to use the private vehicle without purchase and maintenance cost hence their demand is growing among the populace. The increasing need for commutation in urban areas because of the increase in employment is further anticipated to accelerate the market growth during the forecast period.

Increasing disposable income among the populace is also anticipated to create a positive influence on the market. Growing investment of government entities for shared mobility strengthening is one of the major factors driving the market growth. Variation in fuel prices is anticipated to drive the demand for shared mobility services. This is further expected to accelerate market growth during the forecast period. Increasing demand for time-efficient and comfortable transport is anticipated to boost the market over the forecast period.

Availability of local taxi and transport services is expected to hinder the market growth

Preference of the populace for local taxi and transport services is expected to hinder the growth of the market during the forecast period. Heavy opposes of these local taxi and transport providers is also the restraining factor for the market. The unavailability of B2C mobility services in the nonurban areas is anticipated to hinder the market growth during the forecast period.

The increasing demand for cost-effective methods for transportation is expected to create new opportunities.

Increasing demand for shared mobility services with cost-effective transport is expected to create new opportunities for the market during the forecast period. Growing technological advancement in semi-automated and fully automated or self-driving vehicles is also anticipated to generate new opportunities for the B2C mobility sharing market during the forecast period. Government support for the use of an electric vehicle for shared mobility is anticipated to generate new prospects for the market over the forecast period.

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Scope of Global B2C Mobility Sharing Market: Inquire before buying

The market is divided into four main segments and further into sub-segments to forecast the market size by value.
Global B2C Mobility Sharing Market, By Vehicle Type

• Two Wheeler
• Car
• Others

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The car segment is expected to command the largest market share of XX% by 2027

The growing demand for safe and comfortable rides is expected to propel the demand of the car segment during the forecast period. Mobility sharing with the car is an efficient way for the commutation and transport within the urban area. The growing popularity of automated and self-driving cars is also expected to propel the market growth over the forecast period. The use of a car for mobility sharing is an efficient substitute for local taxi or passenger transport.
Global B2C Mobility Sharing Market, By Service Type

• Ride Sharing
• Bike Sharing
• Car Sharing
• Ride-Hailing
• Others

The Ride sharing segment is expected to command the largest market share of XX% by 2027

The unavailability of public transport is expected to fuel the ride-sharing segment during the forecast period. The cost-effectiveness of the ride-sharing segment is driving the demand of the B2C mobility sharing market. An increasing number of daily commuters to the workplaces and family outings of the populace is also expected to increase the demand of the ride-sharing segment during the forecast period. Passenger opting for ride-sharing service does not require to drive the vehicle hence this type of shared mobility service provides more comfort to the passengers.
Global B2C Mobility Sharing Market, By Level of Automation

• Semi-Automated Vehicle
• Fully Automated Vehicle

The semi-Automated vehicle segment is expected to command the largest market share of XX% by 2027

Increasing demand for safety and government norms to use the Advanced Driver Assistance System (ADAS) is expected to increase the demand for semi-automated vehicles during the forecast period. The semi-automated vehicle also provides a comfortable driving experience which is further expected to accelerate the market growth. The fully automated vehicle segment is also expected to experience significant growth during the forecast period, thanks to the growing technological advancement in developed countries and heavy investment of vehicle manufacturers in the research and development of fully automated self-driving cars.
Global B2C Mobility Sharing Market, By Region

• North America
• Europe
• Asia-Pacific
• Middle East & Africa
• South America

APAC is expected to command the largest market share of XX% by 2027

Asia Pacific is expected to command the largest market share of XX% by 2027, thanks to the increasing population and urbanization in emerging countries. Overburdened public transport in the region is expected to propel the market growth during the forecast period. The high number of daily commuters is anticipated to boost the market growth over the forecast period. The lower vehicle ownership in the region is the supporting factor for the market.

The high demand for cost-effective mobility services is expected to create a positive influence on the market over the forecast period. Increasing road traffic in APAC is also expected to increase the demand for the market. Government support for the mobility sharing services is expected to create new opportunities for the market in the region. Increasing use of semi-automated vehicles has ensured the on-road safety of the vehicle this is further expected to accelerate the market growth.

North America is also expected to experience significant growth during the forecast period, thanks to the increasing commutation rate among the populace and the growing popularity of automated vehicles in the region. The presence of key players in the region is also a supporting factor for the market.

Covid-19 Impact on the Global B2C Mobility Sharing Market:

• The coronavirus pandemic has placed tremendous pressure on businesses and sectors across the globe. Governments from all countries have introduced a lock-up to detect the transmission of infectious diseases. The contribution of these regulations has created a negative impact on the transport industry.

• The coronavirus adversely impacted the B2C Mobility Sharing market. Restriction on public transportation and the disruption caused by the lockdown would harm the market. Most of the sectors are not functioning properly due to the influence of Covid-19 which has caused an adverse impact on the Global B2C Mobility Sharing Market.

The objective of the report is to present a comprehensive analysis of the Global B2C Mobility Sharing Market including all the stakeholders of the industry. The past and current status of the industry with 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 includes market leaders, followers, and new entrants by region. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by region on the market has 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 Global B2C Mobility Sharing Market dynamics, structure by analyzing the market segments and projects the Global B2C Mobility Sharing Market size. Clear representation of competitive analysis of key players By Type, price, financial position, growth strategies, and regional presence in the Global B2C Mobility Sharing Market makes the report investor’s guide.
Global B2C Mobility Sharing Market, By Vehicle Type

• Two Wheeler
• Car
• Others
Global B2C Mobility Sharing Market, By Service type

• Ride Sharing
• Bike Sharing
• Car Sharing
• Ride-Hailing
• Others
Global B2C Mobility Sharing Market, By Level of Automation

• Semi-Automated
• Fully Automated
Global B2C Mobility Sharing Market, By Region

• Asia-Pacific
• North America
• Europe
• South America
• Middle East & Africa
Key Players in Global B2C Mobility Sharing Market

• Uber Technologies Inc.
• ANI Technologies Pvt. Ltd. (OLA)
• Lyft, Inc.
• Grab
• Careem
• Taxify OÜ
• Beijing Xiaoju Technology Co, Ltd.
• Cabify, Europcar
• The Hertz Corporation
• Avis Budget Group, Inc.
• Enterprise Holdings, Inc

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