Mobility on Demand Market worth 276.00 Billion USD by 2025
The mobility on demand market is projected to grow at a CAGR of 19.81% during the forecast period, to reach USD 276.00 Billion by 2025.
(EMAILWIRE.COM, March 02, 2017 ) The report "Mobility on Demand Market by Service Type (e-Hailing, Car Sharing, Station-Based, Car Rental), Data Service (Navigation, Information, Payment), Connectivity (3G, 4G, 5G, Wi-Fi, and V2V, V2I, V2P, V2N), Vehicle Type, and Region - Global Forecast to 2025", The mobility on demand market is projected to grow at a CAGR of 19.81% from 2017, to reach a market size of USD 276.00 Billion by 2025. The market is primarily driven by rising urbanization and declining car ownership.
Browse 64 market data tables and 61 figures spread through 149 pages and in-depth TOC on “Mobility on Demand Market - Global Forecast to 2025"
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“E-hailing to be the largest segment of the mobility on demand market, by service type”
E-hailing is expected to dominate the mobility on demand market. It solves the problem of the first and last mile connectivity for passengers. E-hailing is predominant in urban areas because of a declining trend of car ownership and increasing consumer preference. E-hailing significantly reduces waiting time for taxis and provides precise time using GPS. Consumers are gravitating towards app-based e-hailing owing to its user friendliness, focus on better customer service, and innovative pricing system.
“Electric vehicles to be the fastest growing segment in the mobility on demand market, by vehicle type”
The electric vehicle segment is projected to grow at the highest CAGR during the forecast period. Electric vehicles will be used for mobility on demand replacing IC engine vehicles. The anticipated development of electric vehicles along with autonomous and self-driving cars is expected to revolutionize the mobility on demand landscape, as drivers will no longer be essential for mobility. Asia-Pacific is expected to have the fastest growing market for electric vehicles due to government incentives and increasing supporting infrastructure.
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“Asia-Pacific to have at the largest market size during the forecast period”
Asia-Pacific is estimated to dominate the mobility on demand market, and the market is projected to grow at a significant CAGR during the forecast period. The growth in Asia-Pacific is attributed to a wide customer base due to dense population and rising urbanization in emerging economies such as China and India. Factors such as increasing urbanization and rising traffic congestion will drive the demand for mobility on demand services. For countries like India and China, consumer preference is changing; with rising population, the need for mobility on demand is increasing in order to cater to the increase in the consumer base.
The mobility on demand market is dominated by a few global players, and comprises several regional players. Some of the key players operating in the mobility on demand market are Uber Technologies Inc. (U.S.), Delphi Automotive Plc (U.K.), Denso Corporation (Japan), Intel Corporation (U.S.), and TomTom NV (The Netherlands).
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MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.
M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
Contact:
Mr. Rohan
MarketsandMarkets INC.
701 Pike Street
Suite 2175, Seattle,
WA 98101, United States
Email: sales@marketsandmarkets.com
Blog:http://www.marketsandmarketsblog.com/market-reports/automotive-and-transportation
Browse 64 market data tables and 61 figures spread through 149 pages and in-depth TOC on “Mobility on Demand Market - Global Forecast to 2025"
Request Sample Report:
http://www.marketsandmarkets.com/requestsample.asp?id=198699113
Early buyers will receive 10% customization on reports.
“E-hailing to be the largest segment of the mobility on demand market, by service type”
E-hailing is expected to dominate the mobility on demand market. It solves the problem of the first and last mile connectivity for passengers. E-hailing is predominant in urban areas because of a declining trend of car ownership and increasing consumer preference. E-hailing significantly reduces waiting time for taxis and provides precise time using GPS. Consumers are gravitating towards app-based e-hailing owing to its user friendliness, focus on better customer service, and innovative pricing system.
“Electric vehicles to be the fastest growing segment in the mobility on demand market, by vehicle type”
The electric vehicle segment is projected to grow at the highest CAGR during the forecast period. Electric vehicles will be used for mobility on demand replacing IC engine vehicles. The anticipated development of electric vehicles along with autonomous and self-driving cars is expected to revolutionize the mobility on demand landscape, as drivers will no longer be essential for mobility. Asia-Pacific is expected to have the fastest growing market for electric vehicles due to government incentives and increasing supporting infrastructure.
Make an Inquiry:
http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=198699113
“Asia-Pacific to have at the largest market size during the forecast period”
Asia-Pacific is estimated to dominate the mobility on demand market, and the market is projected to grow at a significant CAGR during the forecast period. The growth in Asia-Pacific is attributed to a wide customer base due to dense population and rising urbanization in emerging economies such as China and India. Factors such as increasing urbanization and rising traffic congestion will drive the demand for mobility on demand services. For countries like India and China, consumer preference is changing; with rising population, the need for mobility on demand is increasing in order to cater to the increase in the consumer base.
The mobility on demand market is dominated by a few global players, and comprises several regional players. Some of the key players operating in the mobility on demand market are Uber Technologies Inc. (U.S.), Delphi Automotive Plc (U.K.), Denso Corporation (Japan), Intel Corporation (U.S.), and TomTom NV (The Netherlands).
About MarketsandMarkets
MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.
M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
Contact:
Mr. Rohan
MarketsandMarkets INC.
701 Pike Street
Suite 2175, Seattle,
WA 98101, United States
Email: sales@marketsandmarkets.com
Blog:http://www.marketsandmarketsblog.com/market-reports/automotive-and-transportation
Contact Information:
MarketsandMarkets™
Mr. Rohan
Tel: 1-888-600-6441
Email us
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MarketsandMarkets™
Mr. Rohan
Tel: 1-888-600-6441
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results