The article cited AMA's Global Car-Sharing Market Study explored substantial growth with CAGR of 19.57%. According the report, Rise in Fuel Prices, Public Policy in Shared Mobility is one of the primary growth factors for the market. Government Initiatives to Increase the Usage of the Services is also expected to contribute significantly to the Car-Sharing market. Overall, Business applications of Car-Sharing, 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 Hertz Corporation (United States), Getaround, Inc. (United States), Modo - The Car Co-op (United States), Zipcar, Inc. (United States), Communauto (Canada), eHi (China), Orix Corporation (Japan), Autolib (France), Zoom car (India) and Car2Go (Germany) may see astonishing sales in this Market and certainly improve revenue growth.

The Model, such as P2P, is boosting the Car-Sharing market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

AMA’s Analyst on the Global Car-Sharing market identified that the demand is rising in many different parts of the world as "Development of Autonomous Vehicles for Ride Sharing ". Furthermore, some recent industry insights like "In October 2023, Getaround unveils 'Getaround Connect' car-sharing marketplace: This platform connected private car owners with renters, opening up a wider range of vehicles and fostering community-driven sharing." is constantly making the industry dynamic. One of the challenges that industry facing is "Increasing Competition from Other Mobility Services and Profitability and Sustainability Model"

The report provides an in-depth analysis and forecast about the industry covering the following key features:

• Detailed Overview of Car-Sharing 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 Car-Sharing 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 Car-Sharing market tight?
• Which application/end-user category or Product Type [Roundtrip car sharing, One-way station-based, One-way free floating and Peer-to-Peer (P2P) Car sharing] 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 Car-Sharing market and other related sub-markets covered in the study.

o Key & emerging players in the Car-Sharing market have been observed through secondary research.
o The industry’s 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 Car-Sharing market size is calculated using market estimation process, the Car-Sharing 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 Car-Sharing market size has been validated using both top-down and bottom-up approaches.