The article cited AMA's Global Mobility on Demand Market Study explored substantial growth with CAGR of 13.4%. According to the study, Increased Penetration of the Internet
is one of the primary growth factors for the market. Rise in the Urbanization Worldwide
is also expected to contribute significantly to the Mobility on Demand market. Overall, Business
applications of Mobility on Demand, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The presence of players such as Intel Corporation (United States), IBM (United States), Toyota Motor Corporation (Japan), BMW Group (Germany), General Motors Company (United States), Aptiv plc (Ireland), Robert Bosch GmbH (Germany), Ford Motor Company (United States), Uber Technologies, Inc. (United States), Tomtom NV (Netherlands), Accenture plc (Ireland), TomTom N.V. (Netherlands), Atos ((France) and Shotl (Spain) pushing strong cash flow in Market which is also a key in driving revenue growth.
AMAs Analyst on the Global Mobility on Demand market identified that the demand is rising in many different parts of the world as "Lack of Public Transport Infrastructure in Underdeveloped Countries
". Furthermore, some recent industry insights like "In March 2023, Bird launched a new electric scooter sharing service in San Francisco. The service is a first in the city and is expected to compete with other scooter services like Lime and Spin." is constantly making the industry dynamic. One of the challenges that industry facing is "Privacy and Security Concerns"
The report provides an in-depth analysis and forecast about the industry covering the following key features:
Detailed Overview of Mobility on Demand market will help deliver clients and businesses making strategies. Influencing factors that thriving demand and latest trend running in the market What is the market concentration? Is it fragmented or highly concentrated? What trends, challenges and barriers will impact the development and sizing of Mobility on Demand market SWOT Analysis of profiled players and Porter's five forces & PEST Analysis for deep insights. What growth momentum or downgrade market may carry during the forecast period? Which region may tap highest market share in coming era? What focused approach and constraints are holding the Mobility on Demand market tight? Which application/end-user category or Product Type [Car Rental, Car Sharing, Station-Based and E-Hailing] may seek incremental growth prospects? What would be the market share of key countries like Germany, USA, France, China etc.?
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Mobility on Demand market and other related sub-markets covered in the study.
o Key & emerging players in the Mobility on Demand market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Mobility on Demand market size is calculated using market estimation process, the Mobility on Demand market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Mobility on Demand market size has been validated using both top-down and bottom-up approaches.