|Latin America New Mobility Business Models, Forecast to 2023|
|eHailing, Bike Sharing, and Integrated Mobility Offers Immense Growth Opportunities and New Revenue Potential|
The mobility market in Latin America is rapidly moving towards offering new mobility business models that are focused on an on-demand, integrated, multi-modal mobility network, driven by changing demographics, preferences, and technologies. Mobility in Latin America, although rapidly changing, still focuses heavily on traditional modes and personal vehicle ownership. However, Latin America has been experiencing disruption over the past 3-5 years. Business models embodying the sharing economy are rapidly growing. These solutions are becoming an additional alternative to everyday mobility. While in some cases this is primarily complementing vehicle ownership, signs of replacing ownership is also selectively being witnessed among some demographics.
The aim of this study is to research, analyze, and forecast the market for new mobility business models in Latin America and discuss the growing trends in shared and integrated mobility towards 2023, focusing on Argentina, Brazil, Chile, and Mexico.
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