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    Shared Mobility Market to Reach US$ 397.61 Bn by 2031; Sustainable Urban Transport Pivots Growth  120  0 Kommentare TMR Study

    • Rising demand for car-pooling and e-hailing services generating sizable revenue shares to shared mobility market; Adoption gaining momentum among passengers on back of cost, convenience, and time propositions
    • Adoption of private vehicles for shared mobility to rise; service providers earning substantial revenues from Asia Pacific, mainly from popularity of shared mobility in urban consumers

    WILMINGTON, Del., Aug. 10, 2022 /PRNewswire/ -- Shared mobility services have steadily grown for urban transportation especially for commuting in cities over the past few years. Shared mobility companies are offering e-hailing services to tap into the enormous revenue potential. The shared mobility market size is projected to reach US$ 397.61 Bn by the end of 2031.

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    OEMs and other automotive companies are geared toward growing their stakes in shared mobility market by offering fleets at lower costs. Exponential rise in demand for e-hailing services has created sizable revenue streams for shared mobility service providers to capitalize on over the past few years. Especially in developed and developing economies, keen inclination of customers toward e-hailing services is anchored in the propositions of convenience and availability.

    Recent shared mobility trends suggest that car-pooling, vehicle rental, and ride sourcing services are gathering steam among customers for numerous benefits including convenience, cost-efficiency in commuting, and availability. Of note, in emerging economies, micro-mobility and ride sharing services have gained momentum on the back of the trend that these have helped bridge the gaps in public transport.

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    Key Findings of Shared Mobility Market Study

    • Environmental Benefits Reinforcing Investments by Fleet Owners and OEMs: Rise in traffic congestions and difficulty in finding parking spaces have strongly nudged customers away from using their personal vehicles for commuting. Additionally, personal vehicle ownership has been declining, which thus catalyzed the need for shared mobility. Environmental benefits of use of shared mobility in urban transport is also spurring the growth prospects of the shared mobility market. Fleet owners and OEMs are leaning toward offering shared mobility services at attractive price points, observed the authors of the study on the shared mobility market.
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    Shared Mobility Market to Reach US$ 397.61 Bn by 2031; Sustainable Urban Transport Pivots Growth TMR Study Rising demand for car-pooling and e-hailing services generating sizable revenue shares to shared mobility market; Adoption gaining momentum among passengers on back of cost, convenience, and time propositionsAdoption of private vehicles for shared …

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