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New Business Models are Disrupting the Latin American Carsharing Market
Innovative Technologies and Business Models are Driving a B2C and P2P Market Transformation
05-Mar-2021
Latin America
Market Research
K58E-01-00-00-00
AU02137-LA-MT_25285
$4,950.00
Special Price $3,712.50 save 25 %
In the past, several carsharing companies have commenced operations in Latin America and have launched solutions that focus on the business to consumer (B2C) and the peer-to-peer (P2P) models. However, due to several challenges—ranging from low technological adherence by users and companies and problems in terms of reducing fixed and operational costs—many of these companies ended their operations or started operating through a business model that was more focused on corporate solutions.
Despite all this, the Latin American carsharing market has been able to sustain growth. Although the COVID-19 pandemic impacted the use of these services for approximately 6 months during 2020, this growth continues to be sustainable and is gaining strength every day.
At present, most carsharing companies are developing their technologies in-house as opposed to acquiring them from partner companies—such companies are becoming a benchmark and are attracting the attention of companies from other segments, which allows their technologies to be offered as a service instead of being used for operational purposes only.
This Frost & Sullivan study analyzes B2C and P2P services in the Latin American carsharing market (forecast up to 2025). It includes an analysis of current business models, fleet size, number of vehicles registered on B2C and P2P platforms, revenue, and a detailed business model analysis of key carsharing companies (12 companies that operate either through the B2C model or the P2P model).
In terms of geographic breakdown, the study considers the following countries—Brazil, Argentina, Chile, and Colombia. The B2C (traditional model) includes round trips, free-floating services, and one-way services, while the P2P service involves the rental of private vehicles—either by the hour, the day, or the month—through a third-party operator through the Web or a mobile platform. B2C and P2P innovations are examined, the impact of the COVID-19 pandemic on the market is analyzed, and operator profitability is discussed. Market growth drivers and restraints alongside pricing trends, competitive environment, and market share are examined. The study concludes with growth opportunities and recommendations that market participants can leverage.
Author: Guira Barretto
Why Is It Increasingly Difficult to Grow?
The Strategic Imperative 8™
The Impact of the Top Three Strategic Imperatives on the Latin American Carsharing Market
Growth Opportunities Fuel the Growth Pipeline Engine™
Latin American Carsharing Market Overview
Latin American Carsharing Market Segmentation
Definition of Traditional Carsharing
Definition of P2P Carsharing
Business Models—A Comparison
Carsharing Stakeholder Ecosystem—Present and Future
Innovation in the Carsharing Technology Space
Key Market Trends in B2C Carsharing
Key Market Trends in P2P Carsharing
Impact of the COVID-19 Pandemic on the Carsharing Business
Carshare Operator Profitability
Key Competitors in the Latin American Carsharing Market
Evolution of Carsharing Companies in Latin America
Growth Drivers in the Latin American Carsharing Market
Growth Restraints in the Latin American Carsharing Market
Forecast Assumptions
Key Growth Metrics
Total Market Revenue and Fleet Forecast, 2017–2025
Total Market Revenue and Fleet Forecast Discussion
Revenue Forecast by Business Type
Fleet Forecast by Business Type
Pricing Trends and Forecast Analysis—B2C Model, 2017–2025
Pricing Trends and Forecast Analysis—P2P Model, 2017–2025
Competitive Environment—B2C
Competitive Environment—P2P
Market Share Analysis
Market Share Analysis (continued)
Companies to Action—SWOT Analysis
Companies to Action—Turbi
Companies to Action—Awto
Companies to Action—Kinto Share
Companies to Action—MoObie
Key Growth Metrics—B2C Market
B2C Revenue Forecast
B2C Fleet Forecast
B2C Revenue Forecast Discussion
Key Growth Metrics—P2P Market
P2P Revenue Forecast
P2P Fleet Forecast
P2P Revenue Forecast Discussion
Growth Opportunity 1: Improve the P2P Business Model to Increase Attractiveness to Customers and Number of Vehicle Registrations, 2020
Growth Opportunity 1: Improve the P2P Business Model to Increase Attractiveness to Customers and Number of Vehicle Registrations, 2020 (continued)
Growth Opportunity 2: B2C Companies to Become Technology and Software Providers for Smaller Traditional Car Rental Companies, 2020
Growth Opportunity 2: B2C Companies to Become Technology and Software Providers for Smaller Traditional Car Rental Companies, 2020 (continued)
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List of Exhibits (continued)
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| Deliverable Type | Market Research |
|---|---|
| No Index | No |
| Podcast | No |
| Author | Guira Barretto |
| Industries | Automotive |
| WIP Number | K58E-01-00-00-00 |
| Is Prebook | No |
| GPS Codes | 9800-A6,9965-A6,9A57-A6,9AF6-A6 |