September 21, 2020

Mobility on Demand Market 2020: Historical Analysis, Opportunities, Latest Innovations, Top Players Forecast 2026

Mobility on Demand Market Segmentation, Trends, Competitive Landscapes, Industry Growth, Revenue and Companies Overview – Forecast till 2023

Market Overview

In its research report, Market Research Future (MRFR), emphasizes that over the review period , the global Market 2020 is poised to increase significantly, ensuring substantial Market valuation of USD 186 Billion by 2023, and a healthy 18% CAGR over the review period.

The increasing working population in urban areas, rising knee problems and development in the healthcare sector are the prime factors driving Market growth. By vehicle type, electric vehicle is estimated as fastest growing segment in mobility on demand Market owing to technology advancement in automobile sector and emerging of driverless cars. Asia-Pacific region is expected to account for highest Market share in electric vehicle segment.

Competitive Analysis

The major Market players operating in the global Market as identified by MRFR are Uber Technologies Inc. (U.S.), Denso Corporation (Japan), Delphi Automotive Plc (U.K.), Lyft (U.S.), Intel Corporation (U.S.), Robert Bosch Gmbh (Germany), Tomtom NV (Netherlands), International Business Machines Corp. (U.S.), Gett, Inc. (U.S.), Didi Chuxing (China), among others.

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Drivers and Restraints

Rapid urbanization and expansion of metropolitans have increased the intracity travel distance. The high cost of vehicles and increasing traffic issues have created emergence for shared transport. Mobility on demand services offer easy access to shared or personal transport vehicles at affordable prices. As per Market Research Future's (MRFR) published report, the global mobility on demand Market is registered to expand remarkably at a robust CAGR of 18% during the forecast period of 2017-2023 and is estimated to reach the valuation of USD 186 Bn by the end of 2023.

Segmental Analysis

The global mobility on demand Market Mobility on Demand (MOD) Market has been analyzed on the basis of vehicle type, service, data service, internet connectivity and vehicle connectivity. The global mobility on demand Market has been segmented on the basis of service, vehicle type, data service, internet connectivity and vehicle connectivity. Based on service, the mobility on demand Market has been segmented into e-hailing, car sharing, car rental and station-based mobility. Based on vehicle type, the mobility on demand Market has been segmented into four-wheelers and micro mobility vehicles.

Regional Assessment

Geographically, the global mobility on demand Market is segmented into Asia Pacific, North America, Europe and the rest of the world. The North America region is anticipated to project fastest growth in the global mobility on demand Market owing to the proliferation in use of smartphones, growing urban population and easy adoption of advanced technology in this region. The Asia Pacific region holds the largest share in the global mobility on demand Market owing to the increasing demand for better transportation services, rise in disposable income and increasing adoption of e-hailing services in the developing economies of this region.

LIST OF TABLES

TABLE 1 MOBILITY ON DEMAND MARKET , BY SERVICE,

TABLE 2 MOBILITY ON DEMAND MARKET , BY VEHICLE TYPE

TABLE 3 MOBILITY ON DEMAND MARKET , BY DATA SERVICE

TABLE 4 MOBILITY ON DEMAND MARKET , BY INTERNET CONNECTIVITY

TABLE 5 MOBILITY ON DEMAND MARKET , BY VEHICLE CONNECTIVITY

Continued…….

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LIST OF FIGURES

FIGURE 1 RESEARCH TYPE

FIGURE 2 MOBILITY ON DEMAND MARKET : BY SERVICE (%)

FIGURE 3 MOBILITY ON DEMAND MARKET : BY VEHICLE TYPE (%)

FIGURE 4 MOBILITY ON DEMAND MARKET : BY DATA SERVICE (%)

FIGURE 5 MOBILITY ON DEMAND MARKET : BY INTERNET CONNECTIVITY (%)

Continued…….

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