Global B2B Mobility Sharing Market size was valued at US$ XX Bn. in 2019 and the total revenue is expected to grow at 28% from 2019 to 2027, reaching nearly US$ XX Bn.
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Global B2B Mobility Sharing Market: Market Overview
Sharing mobility means the usage of vehicle by commuters for movement of passenger and goods both. B2b mobility sharing is a form of vehicle sharing that enables commercial businesses to reduce private vehicle fleets. The B2b mobility sharing allows to share their mobility services with businesses to reduce emission from vehicle, parking space and number of fleets.
Global B2B Mobility Sharing Market: Market Dynamics
The major factors accelerating the growth of the include rapid urbanization, increasing sales of vehicles, manufacturing and electrification of vehicles. The significant growth of automotive industry across the globe, and increasing demand of vehicles. Rules and regulations enforced by ruling authorities regarding CO2 emission and safety of environment fuel the growth of the market. Increasing demand of ride-sharing vehicles with reducing parking space boosting the demand of mobility sharing market. Increasing disposable income of people is also a major factor, which rise demand of B2B mobility sharing market.
The factors restrain the B2B mobility sharing market includes peer to peer car sharing, unavailability of drives. The impact of COVID-19 on automobile and services sectors. The trend of work-from-home reduced the demand of ride sharing. The cost of sanitization added and fluctuating fuel cost, resulting increases overall cost of riding hinder the growth of market. Availability of several competitors and introduction of new start-ups are the major factor hamper the growth of the market over the forecast period.
Global B2B Mobility Sharing Market: Market Segmentation
The global B2B mobility sharing market can be segmented by Type, by Vehicle type, by Service type, and by region. In leasing car services, companies lease vehicle to utilize it for specific period of time which saves the maintenance and buying cost of vehicle, so this segment is expected to grow with highest CAGR during the forecast period of time. Rise in population of emerging nations and rapid urbanization increases the demand of passenger vehicle, so the passenger vehicle segment of vehicle type is subjected to the highest growth rate during the forecast period, while the light vehicle are used for transportation of goods, the growth of this segment is moderate. In terms of service type, the services offered by businesses can be differ according to the need of the customers as some are utilize for passenger transportation or some for goods transportation.
Global B2B Mobility Sharing Market: Regional Analysis
Asia Pacific dominating the due to rapid urbanization, and high share of automotive industry. Increase the number of automotive manufacturing industries in emerging nations such as India and China are driving the B2B mobility sharing market during the forecast period. Besides, the high production of passenger vehicles in this region and rapid expansion of automotive industry in countries includes South Korea, China and India is likely to drive the market. The China VI and BS VI emission norms in China and India enacted by the countries government propel the growth of the market. Europe holds the largest market share in B2B Mobility Sharing market, after Asia Pacific due to key points includes increasing investment by the manufacturers, EURO VI emission norms were enacted by Europe government.
The objective of the report is to present a comprehensive analysis of the 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. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of 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 analysed, which will give a clear futuristic view of the industry to the decision-makers.
The report also helps in understanding the dynamics, structure by analysing the market segments and projects the size. Clear representation of competitive analysis of key players by Service type, price, financial position, Product portfolio, growth strategies, and regional presence in the make the report investor’s guide.
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Scope of the Global B2B Mobility Sharing Market: Inquire before buying
Global B2B Mobility Sharing Market, by Type
• Ride sharing
• Ride sourcing
• Leasing car
Global B2B Mobility Sharing Market, by Vehicle type
• Light Commercial Vehicle
• Heavy Commercial Vehicle
• Passenger Vehicle
Global B2B Mobility Sharing Market, by Service type
• Goods transportation
• Passenger transportation
Global B2B Mobility Sharing Market, by Region
• Asia Pacific
Rest of Asia
• North America
Rest of Europe
• South America
Rest of South America
• Middle East & Africa
Rest of MEA
Global B2B Mobility Sharing Market, Key Players
• SkedGo Pty Ltd.
• Uber Technologies Inc.
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