According to the research report, the global B2C mobility sharing market was valued at USD 34.49 Billion in 2021 and is expected to reach USD 282.82 Billion by 2030, to grow at a CAGR of 29.0% during the forecast period.

B2C mobility sharing includes ride-hailing, vaccine sharing, and ride-sourcing services offered directly to the service providers. The services offered are decided by the amount of time and distance journeyed. The B2C mobility sharing market is a new transportation trend and has demonstrated success in enhancing standard vehicle occupancy and lessening the number of vehicles required to transport numerous passengers.

Conventional Mobility was influenced by public transport and personal vehicles, and a compact amount of market was obtainable for sharing. The growing usage of smartphones and the arrival of businesses that are platform-based have changed the need for mobility services and the beginning of a contemporary notion of Mobility as a Service (Maas). It is a progressive concept of how businesses and consumers shift from vehicle ownership to transport that is service-based. Thus, Maas includes an aggregation that is multimodal of modes of transport and mobility that is on-demand. This upheaval in the business has escalated consumers’ preferences and changed their choices as an increasing number of consumers lean towards not owning the vehicles.

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(The sample of this report is readily available on request. The report sample contains a brief introduction to the research report, Table of Contents, Graphical introduction of regional analysis, Top players in the market with their revenue analysis, and our research methodology.)

Key Highlights of The Report

• A comprehensive analysis, which includes evaluation of the parent market
• Significant changes in market dynamics
• Second or third level market segmentation
• Historical, present, and predicted market size of the market from the viewpoint of both volume and value
• Reporting and assessment of industry developments that are recent
• Strategies and market shares of significant players

Top Market Players Are:

• ANI Technologies Pvt. Ltd.
• Avis Budget Group Inc.
• Beijing Xiaoju Technology Co Ltd.
• Bolt
• Cabify
• Careem
• Enterprise Holdings
• Europcar
• Grab
• Hertz
• Lyft Inc.
• Uber Technologies Inc

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Important Questions Being Answered by The Market Report

• What is the B2C mobility sharing market size and growth?
• What are the prominent and latest trends impacting RoI and the product lifecycle?
• Which micromarketing upper hand of leading players will welcome investments?
• What can be the best structure and tools for PESTLE analysis?
• Which regions will observe growth on new occasions?
• Which are the technologies that are game-changing and are used to apprehend contemporary revenue streams shortly?
• Which players are adopting a functioning and planned framework to obtain customer loyalty?

B2C Mobility Sharing Market: Growth Leading Factors

The global B2C mobility sharing market is essentially driven by reduced vehicle ownership covering many developing nations, growing per capita income, and increasing inclination for travel. Obtainability of job opportunities is pushing urbanization speedily, developing the overload over urban public transportation facilities. These factors, in turn, increase the demand for substitute modes of transportation like ride-hailing and ride-sharing. Growth of per capita income, high standards of living, incompetence to own a vehicle, growing fuel prices, altered perspective to share a car rather than holding it, lesser cost of sharing Mobility as compared to owning a vehicle, and increasing consciousness of global temperature rise are pushing the B2C shared mobility services globally.

Due to the speedily growing automotive sales, the shared mobility interest has abundant growth possibilities. Also, inflating connected vehicles and the reach of smartphones, increasing traffic on the roads, and increasing fuel prices are driving the segment’s growth. There is a creation of optional mobility modes for lessening the congestion of traffic and greenhouse gas emission and is thus, the market is anticipated to increase speedily.

The covid-19 pandemic has impacted the global mobility industry gravely. Essential lockdowns have reduced the mobility of the public, especially in urban settings. Individuals and companies have confined their travel to only condemning requirements to ensure their safety. It has caused significant drops in the usage of shared mobility services during the covid-19. Therefore, the covid-19 pandemic has harmed the global B2C mobility sharing market.

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B2C Mobility Sharing Market: Report Scope

B2C Mobility Sharing Market: Key Segmentation

• Insight by service model, vehicle, level of automation, and region

By service model, ride-sourcing services are witnessing a speedy acquisition amidst consumers globally, which is ascribed to low cost and flexibility. Ride sourcing services are managed by a smartphone. Thus, the growing rate of smartphone usage is anticipated to fuel the inflation of ride-sourcing services globally. By vehicle, the demand for passenger cars is increasing globally. As the number of passengers traveling accounts for four, passenger cars are preferable. The market is fuelled by growing everyday travelers to the workplace and growing family outings. Based on the level of automation, the manual segment holds a significant share of the market. The growing demand for the safety of the vehicles and solace, standards applied by governing bodies to assimilate ADAS technologies in the cars, growing accident rates, and obtainability of ADAS services at the OEM level are pushing the market.

By region, North America is accounted for the largest share. The acclaim of ride-hailing services is growing globally due to their ability to lessen the number of automobiles on the road, thus, reducing traffic congestion and pollution. Further, in North America, there is a significant emission of greenhouse gases generating a rise in global temperatures. Therefore, official jurisdiction arranges mobility services that are shared, mainly ride-sharing services that lessen pollution. The Asia Pacific and the Middle East, and Africa are desirable markets for B2C shared Mobility which is essentially accredited to extensive population and consumer base, lesser number of owners of the vehicles, growing per capita income, jammed public transportation because of speedy urbanization and growth in per capita income in these regions.

Browse the full “B2C Mobility Sharing Market Share, Size, Trends, Industry Analysis Report, By Service Model (Car Sharing, Bike Sharing, Scooter Sharing, Ride-Hailing, Others); By Vehicle; By Level of Automation; By Region; Segment Forecast, 2022 – 2030” Report at https://www.polarismarketresearch.com/industry-analysis/b2c-mobility-sharing-market

The market primarily depends on the service model, vehicle, level of automation, and region

B2C Mobility Sharing Market: By Service Model Outlook

• Car
• Bike
• Scooter
• Ride-Hailing
• Others

B2C Mobility Sharing Market: By Vehicle Outlook

• Cars
• Two Wheelers
• Others

B2C Mobility Sharing Market: By Level of Automation Outlook

• Semi-Automated Vehicle
• Fully Automated Vehicle

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