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  • Strategic Insight into the Global P2P Carsharing Market, 2018
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Strategic Insight into the Global P2P Carsharing Market, 2018

Growing Investments and Increased OEM Interest in Peer-to-peer Carsharing Services is Set to Drive Global Market Revenues Beyond $7 Billion by 2030

Frost & Sullivan
3712.5000 USD https://store.frost.com/strategic-insight-into-the-global-p2p-carsharing-market-2018.html
RELEASE DATE
07-Dec-2018
REGION
North America
Research Code: ME26-01-00-00-00
SKU: AU01748-NA-MR_22615
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Description

Peer-to-peer (P2P) carsharing has turned out to be one of the most innovative approaches to shared mobility today. With increasing environmental concerns and changing trends towards vehicle ownership, the P2P model has brought a whole new perspective to mobility and showcases one of the best examples of collaborative consumption today.

In the last 3-5 years, P2P carsharing has witnessed a surge across the globe with increasing demand especially from young-generation users who seek unique experiences and vehicle owners who are attracted by the revenue benefits from renting their vehicles out. The global market today has more than 40 P2P carsharing service providers; this is a significant number if looked back into the recent timeline. The business models also aim to provide their own unique experiences while focusing on building greater trust among their communities through quality and reliability. Companies like Turo, Getaround, Drivy, and Snappcar are seeing a growing user base and an increasing number of vehicles on their platforms. On the other hand, specific P2P business models are also coming up which focus on a particular demographic set who like to experience driving exotic and luxury vehicles.

Frost & Sullivan has noted a growing interest among OEMs to launch P2P vehicle sharing services, which opens up a new opportunity to build brand-focused communities for carsharing while offering greater value to vehicle owners. The market has also witnessed an increase in strategic partnerships and investments from OEMs and other investors.

P2P carsharing has also been evolving over the years, driving change from a user experience perspective. Technology has been a backbone for the development of P2P carsharing business models. P2P service providers today offer telematics solutions and keyless vehicle access technologies, allowing for simplified and hassle-free exchange of vehicles between owners and renters. The market is poised to experience increased innovation towards providing a more enriching and fruitful experience with advancing technology, insurance coverage, and greater regulatory support from local governments. P2P carsharing is still in its early growth stage and, over the next 5-10 years, is expected be part of global Mega Trends such as Integrated Mobility.

Research Scope

The aim of this study is to analyze the global market potential for P2P carsharing. The analysis is based on the various regions and key countries that are witnessing a rise in P2P carsharing business models.


Key Issues Addressed

  • To provide a strategic overview of the global P2P carsharing market
  • To offer insights into the drivers for growth and success of P2P carsharing businesses
  • To provide a strategic overview of the key technology trends, market challenges, and market opportunities
  • To comparatively analyze P2P carsharing technologies and their adoption by P2P carsharing operators
  • To analyze key countries witnessing growth in P2P carsharing services
  • To predict the future of the P2P carsharing market from a global perspective up until the year 2030
  • To profile key market participants in the global P2P carsharing space
  • To offer strategic conclusions and recommendations

RESEARCH: INFOGRAPHIC

This infographic presents a brief overview of the research, and highlights the key topics discussed in it.
Click image to view it in full size

Table of Contents

Executive Summary

Key Findings

Key Findings (continued)

P2P Carsharing Regional Trends—An Overview

P2P Carsharing Legal and Regulatory Framework

Market Overview—Key Countries

Global Snapshot of Key Market Participants

Technology Solutions in P2P Carsharing

Market Trends

Key Findings and Future Outlook

Research Scope, Objectives, Methodology, and Background

Research Scope and Objectives

Research Aims and Objectives

Key Questions This Study Will Answer

Research Background

Research Methodology

Definitions and Segmentations

Market Segmentation

Market Definitions

P2P Carsharing Overview and Business Model Analysis

Market Drivers

Market Drivers Explained (continued)

Market Drivers Explained (continued)

Market Restraints

Market Restraints Explained

Market Restraints Explained (continued)

P2P Carsharing—Reason for Interest

Evolution of P2P Carsharing

P2P Carsharing Success Factors

Business Model Analysis

Fee Structure Analysis of Key Participants

Regulations and Policies for P2P Carsharing

Key Market Trends in P2P Carsharing

Interest in P2P Carsharing Market—OEMs and Mobility Providers

M&A Trends in P2P Carsharing Market

Stakeholder Ecosystem—Present and Future

Key Industry Challenges

P2P Carsharing Business Strategy

P2P Carsharing Technologies

Technology Solutions in P2P Carsharing

Snapshot of Technology Solution Providers for P2P Carsharing

Technology Adoption Comparison

P2P Carsharing Technology Adoption

P2P Carsharing—Analysis of Key Countries

Country Analysis—France

Country Analysis—United Kingdom (UK)

Country Analysis—Germany

Country Analysis—Spain

Country Analysis—Netherlands

Country Analysis—United States

Country Analysis—China

P2P Carsharing Global Market Analysis

Market Analysis of P2P Carsharing

Analysis of Global P2P Carsharing Revenue

Market Overview—Member vs Vehicles in EU

Market Overview—Member vs Vehicles in NA

Market Overview—Member vs Vehicles in APAC

Market Overview—Member vs Vehicles in Other Regions

Top P2P CSOs

P2P Carsharing—Key Company Profiles

Company Profile—Drivy

Company Profile—Turo

Company Profile—Getaround

Company Profile—Snappcar

Company Profile—Koolicar

Drivers for Profitability

Growth Opportunities and Call to Action

Growth Opportunity—P2P Carsharing

Strategic Imperatives for Success and Growth

Key Conclusions and Future Outlook

Key Conclusions and Future Outlook

The Last Word—Three Big Predictions

Legal Disclaimer

Appendix

Abbreviations and Acronyms Used

Other Industry Players

Market Engineering Methodology

List of Exhibits

List of Exhibits (continued)

List of Exhibits (continued)

List of Exhibits (continued)

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