Ride-sharing market players are moving into mobility services, generating a growth rate of 16%


Global Carpooling Market Report 2022 – Global Market Size, Trends and Forecast 2022-2026

The Business Research Company Global Carpooling Market Report 2022 – Global Market Size, Trends and Forecast 2022-2026

LONDON, GREATER LONDON, UK, April 11, 2022 /EINPresswire.com/ — Carpooling market trends automakers are increasingly branching out into mobility services to meet the growing demand for ride-sharing services. For example, major car manufacturers, namely BMW and Daimler, have merged their car-sharing businesses to expand geographically.

Similarly, in February 2020, Tesla announced plans to launch the ridesharing app. Automakers investing in car sharing applications will help drive the market growth.

The Global carpooling market size is expected to grow from $7.20 billion in 2021 to $8.33 billion in 2022 at a compound annual growth rate (CAGR) of 15.7%. The ridesharing market is then expected to reach $12.95 billion in 2026 at a CAGR of 11.7%.

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Government initiatives to minimize carbon emissions are expected to boost the carpooling market. Major metropolitan cities experience traffic congestion with an increase in the density of vehicles on the roads, which increases carbon emissions. In the Paris agreement on climate change, countries set determined targets to reduce carbon footprints by 2030. For example, the government of Delhi in India introduced an even-odd system to control the density traffic and control carbon emissions in the city. . Companies such as Amazon and Infosys are also encouraging carpooling to work locations to reduce traffic congestion and air pollution. Carbon emission control initiatives are thus contributing to the growth of the market.

Key players covered in the global ridesharing industry are Didi Chuxing, Dida Chuxing, Uber, Via Transportation, Lyft Line, Waze Carpool, Zimride, Carma, and Scoop Technologies.

TBRC’s Global Carpooling Market analysis report is segmented by Type into Online Carpooling Platforms, App-Based Carpooling, by Application in Enterprise, Personal, School, Other, by Car Type in economy, executive, luxury.

Global Carpooling Market Report 2022 – By Type (Online Carpooling Platforms, App-Based Carpooling), By Application (Corporate, Personal, School, Other Applications), By Car Type (Economy, Executive, Luxury) – Market Size, Trends and Global Forecast 2022-2026 is part of a series of new reports from The Business Research Company that provide an overview of the global carpooling market, forecast carpooling market size and growth for the entire market segments, Carpooling market segments, geographies, Carpooling market trends, Carpooling market drivers, restraints, revenue, profiles and market shares of key competitors.

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