Carsharing is emerging as a pivotal component of urban mobility, fueled by the global push toward sustainable transportation and the reduction of private vehicle dependency. The industry is projected to exceed 570,000 vehicles and generate nearly $9.79 billion in revenue by 2030, growing at an impressive annual rate of 11.2%.
Key factors driving this growth include:
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Initiatives such as car-free zones, access regulations, and zero-emission mandates are accelerating the adoption of carsharing.
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Operators are leveraging intelligent fleet management and predictive maintenance to enhance profitability and efficiency.
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Rising interest in carsharing is evident in segments like airport services, residential areas, tourism, and luxury vehicle rentals.
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Favorable regulations and benefits, such as designated parking spaces, are encouraging broader adoption.
Furthermore, carsharing’s integration into Mobility-as-a-Service (MaaS) platforms positions it as a cornerstone of the evolving mobility ecosystem, aligning with zero-emission objectives and efforts to reduce urban congestion.
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How is your organization integrating carsharing into MaaS platforms to enhance urban mobility and sustainability?
Industry Snapshot
Number of Competitors: Over 150 companies globally.
Competitive Factors: Cost, performance, technology, reliability, vehicle maintenance, cleanliness, availability, profitability, and fleet electrification.
Key End-user Industry Verticals: Real estate, companies, airports, smaller communities, and local governments.
Leading Competitors: Free2Move, Zity, Times Car Plus, Zoomcar, Socar, Drive (Yandex), Zipcar, Miles Mobility, Citybee, Green Mobility, GetGo, Cambio, KINTO Share, and Communauto.
Source: Frost & Sullivan
Transformative Megatrends
Embracing global shifts toward sustainable transportation by adopting shared electric mobility, integrating it with traditional systems, and adhering to regulations that promote zero-emission, car-free urban environments.
Disruptive Technologies
Prioritize profitability by shifting focus from mere expansion to integrating advanced technologies such as intelligent fleet management, predictive maintenance, and data-driven systems thereby enabling efficient operations and improved customer satisfaction.
Competitive Intensity
Transitioning from expansion-focused strategies to profitability-driven models and deliver value through sustainable and efficient business practices, ultimately pushing weaker players out and capturing greater industry share.
How is your organization leveraging advanced technologies and MaaS platforms to capitalize on the growing demand for carsharing?
Download now to discover how carsharing is transforming urban mobility, driving sustainable transportation initiatives, and creating new growth opportunities through advanced technologies and strategic partnerships. .
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