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Digital disruption is set to revolutionize the automotive industry. The value is shifting from individual consumption to collaborative consumption. OEMs are embracing this trend and are looking at alternative sources of revenue, such as shared mobility, connected car services, financial services, and logistics services. The demand for shared mobi...

06 May 2021  |  Global  |  Market Research

Strategic Analysis of the Global Micro Mobility Sharing Market, Forecast to 2025

Future Growth Potential Enhanced by Opportunities Due to Government Push, Regulatory Reforms and Advancement in Technologies

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The global micromobility is poised to grow as one of the most attractive forms of sustainable mobility in the future. While the market was impacted severely by the COVID-19 crisis, it has also been one of the first mobility markets where demand has resurged. Micromobility has emerged as one of the most convenient, affordable, and safe modes of trav...

A total of 20.81 billion ride sharing services were offered in China in 2017. The overall ride sharing member size in China has achieved 207.4 million in 2017. The percent share breaks down as follows: commuting ride sharing 45.6%, dynamic ride sharing 32.3%, and fixed long distance ride sharing services 22.1%. Ride sharing services in China are o...

09 Aug 2016  |  Global  |  Megatrends

Future of the Internet Economy

Mobile Internet the Way Ahead

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The Internet is changing the way one functions, socializes, and shares information across the globe. With regions expanding beyond the normal boundaries due to the impact of urbanization, there is a need for improved infrastructure channels for being connected. Increased Smartphone adoption rates and broadband technologies have resulted in improved...

The Chinese eHailing market is expected to witness a positive growth at a compound annual growth rate (CAGR) of 5.8% from 2018 to 2025. The revenue of eHailing market is expected to increase from $205.23 billion in 2018 to $303.66 billion in 2025. Private hire eHailing market revenue held 55.4% share, whereas public taxi eHailing accounted for 44.6...