Wonder

Mobility Market Sizing

Delivered March 19th, 2019. Contributors: Varun N., Saurav G., Stacy T., Michael W., Khen R., Darius G., Nyaingo J., Victor E., Evan P., Prafful K., Jelena R., Carolyne C., Emmanuel A., James` M., Josh T., Cliff K., Elizabeth W., Sheila O., Stan R., Praise O., Niti, Dagmawit W., Aye D., Sameen B., Sunali and

Part

of twenty-nine

Part

Percent of Mobility Categories, SE Asia

The SE Asia mobility category market share data has been populated in column F of Tab 2 of the attached spreadsheet.
FINDINGS
The market sizes for the mobility categories in SE Asia are as follows:

Ride share market size: $8,000,000,000
Car share market size: $83,533,165
Car rental market size: $633,000,000
Micromobility market size: $13,519,193,483
Public transit market size: $241,879,704,152
Taxis & private drivers market size: $14,990,267,786

Total SE Asia mobility market size= $8,000,000,000 + $83,533,165 + $633,000,000 +$13,519,193,483
+ $241,879,704,152 + $14,990,267,786 = $279,105,698,586

Therefore,
Percentage share of ride share in the SE Asian mobility market = $8,000,000,000/ $279,105,698,586 = 2.87%

Percentage share of car share in the SE Asian mobility market = $83,533,165/ $279,105,698,586 = 0.03%

Percentage share of car rental in the SE Asian mobility market $633,000,000 / $279,105,698,586 = 0.23%

Percentage share of micro mobility in the SE Asian mobility market = $633,000,000 / $279,105,698,586 = 4.84%

Percentage share of public transit in the SE Asian mobility market = $633,000,000 / $279,105,698,586 = 86.66%

Percentage share of taxis & private drivers in the SE Asian mobility market = $633,000,000 / $279,105,698,586 = 5.37%
CONCLUSION
The shares of ride share, car share, care rental, micro mobility, public transit, and taxis & private drivers in the SE Asian mobility market are 2.87%, 0.03%, 0.23%, 4.84%, 86.66%, and 5.37%, respectively.

Part

of twenty-nine

Part

Percent of Mobility Categories, Latin America

The required information on the market share by the mobility category for Latin America has been presented below:
Ride Share =11.2%
Car Share =0.02%
Car Rental =33.2%
Micromobility =0.6%
Public Transit=6.7%
Taxis and Private Drivers =48.31%

The total size of the mobility market in Latin America is $8,287,457,008. The required information has been incorporated into the attached spreadsheet (Tab 2, Column D).
Methodology and findingsOur research team started by identifying the market size of each category from the "Global Markets" tab of the attached spreadsheet. The identified market sizes have been presented below:
Ride Share =$925,000,000
Car Share =$1,641,600
Car Rental =$2,750,000,000 
Micromobility =$52,750,000 
Public Transit= $554,260,000 
Taxis and Private Drivers =$4,003,805,408  

Thereafter, we added all the mentioned market sizes to get the total market size for Latin America.

Total Market Share Latin America= (Ride Share+Car Share+Car Rental+Micromobility+Public Transit+Taxis) = $8,287,457,008 

From this total, we were able to find the market share of each mobility category by dividing the market share of each category by the total market size. The calculation has been presented below:
Market share FOR EACH CATEGORY:Ride Share= ($925,000,000/$8,287,457,008)x100 =11.2%

Car Share = ($1,641,600/$8,287,457,008)x100=0.02%

Car Rental = ($2,750,000,000/8,287,457,008)x100=33.2%

Micromobility = ($52,750,000/8,287,457,008)x100= 0.6%

Public Transit= ($554,260,000/8,287,457,008)x100=6.7%

Taxis and Private Drivers= ($4,003,805,408/8,287,457,008) x100= 48.31%

All the findings have also been presented in the attached spreadsheet. 

Part

of twenty-nine

Part

Percent of Mobility Categories, Europe

All the requested data including total mobility market size and percentage of regional mobility market (by categories) for the European Mobility market have been calculated and presented in tab 2 of the attached spreadsheet. 
Percentage of Regional Mobility Market (by categories)Ride Share = 29.08% 
Car Share = 3.70%  
Car Rental = 45%  
Micromobility = 3.53% 
Public Transit = 17.52% 
Taxis & Private Drivers = 1.18% 
CALCULATIONTo calculate the total mobility market size for Europe, the sum of the corresponding market size of the mobility categories shown below was determined.

Mobility Category = Market Size (MS)

Ride Share = $8,000,000,000 
Car Share = $1,018,914,330 
Car Rental = $12,380,000,000 
Micromobility = $970,600,000 
Public Transit = $4,820,379,910 
Taxis & Private Drivers = $324,000,000 

Total Mobility Market Size for Europe = Ride Share MS + Car Share MS + Car Rental MS + Micromobility MS + Public Transit MS + Taxis & Private Drivers MS

Total Mobility Market Size for Europe = $8,000,000,000 + $1,018,914,330 + $12,380,000,000 + $970,600,000 + $4,820,379,910 + $324,000,000 
Total Mobility Market Size for Europe = $27,513,894,240


To calculate the percentage of regional mobility market (Europe), by categories, the formula given below was used.

% of Regional Mobility Market (Europe), by category = [Market Size of the Mobility Category / Total Mobility Market Size for Europe] X 100

Ride Share, % of Regional Mobility Market (Europe) = $8,000,000,000 / $27,513,894,240 = 29.08%

Car Share, % of Regional Mobility Market (Europe) = $1,018,914,330 / $27,513,894,240 = 3.70%

Car Rental, % of Regional Mobility Market (Europe) = $12,380,000,000 / $27,513,894,240 = 45%

Micromobility, % of Regional Mobility Market (Europe) = $970,600,000 / $27,513,894,240 = 3.53%

Public Transit, % of Regional Mobility Market (Europe) = $4,820,379,910 / $27,513,894,240 = 17.52%

Taxis & Private Drivers, % of Regional Mobility Market (Europe) = $324,000,000 / $27,513,894,240 = 1.18%

Part

of twenty-nine

Part

Percent of Mobility Categories, North America

The Total Mobility Market Size for North America is $149,981,575,826. The percentage of that market occupied by each mobility sector is as follows; Ride Share at 13%, Car Share at 0.76%, Car Rental at 16.10%, Micromobility at 1.53%, Public Transit at 51.26%, and Taxis & Private Drivers at 17.34%. We have provided details pertaining to this research on this spreadsheet.

Below are our findings.

FINDINGSThe market percentage occupied by each mobility sector in North America is as follows:
Ride Share Market Size - $19,514,000,000 (13%) 
Car Share Market Size - $1,142,575,826 (0.76%) 
Car Rental Market Size - $24,150,000,000 (16.10%) 
Micromobility Market Size - $2,300,000,000 (1.53%) 
Public Transit Market Size - $76,875,000,000 (51.26%) 
Taxis & Private Drivers Market Size - $26,000,000,000 (17.34%)

Therefore, the Total Mobility Market Size for North America is:
=$(19,514,000,000 + 1,142,575,826 + 24,150,000,000 + 2,300,000,000 + 76,875,000,000 + 26,000,000,000)
=$149,981,575,826

Part

of twenty-nine

Part

Taxi & Private Cars/Drivers By Global Region, Part 2

The country with the highest earning revenue in the car-sharing market is China. The country has an estimated $16.45 billion market sizing in the given car-sharing market. The data for the market sizes of the taxi market for East and South East Asia was not available. The spreadsheet could be found here. 
MethodologyWe began the search by looking for precompiled information on the market size of taxi/private cars in the specific global region of East and South East Asia. We searched through industry and market reports such as Global Insights, Ibis World, PRNewswire, Market Watch, Market Insights, Research and Markets among others. However, we were not able to find information regarding the specific market size of taxi markets on East and South East Asia. What we did find is the data for the global market size of online ride-hailing applications. Most of the results for the market size of taxi/cab service markets are behind paywall sources. 

We then expanded our search to the global market of taxi/private cars. We looked into industry reports, market journal, news, and media sites such as CB Insights, Industry News Network, Mordor Intelligence, AB Newswire, among others. We found information from the source Taxi Pulse, that stated that Goldman Sachs estimates that the growing global taxi market is worth $108 billion, and the most significant share is from the ride-hailing businesses. However, the source did not provide a breakdown of the market or any information about the East and South East Asian region. 

We decided to triangulate the data by using the information we had gathered from the previous searches. We had a specific data that held China as the biggest ride-sharing revenue holder. Data has shown that the country is on track of gaining $26.6 billion in revenue by the year 2021, in the ride-share market. We also found from the Wall Street Journal that the revenue of China in the year 2016 is $8 billion in the given market. We used the CAGR calculator to find the market size for the year 2019 (calculations are done below) and found that the market size for ride-sharing in China is $16.45 billion. We used China as a proxy to represent the East-Asian market because it is the only publicly available information. 

We could not find the approximate market size for the taxi market in the East and South East Asian region. However, we have provided the market size of the ride-sharing market in China to represent the East Asia market as it was the only available information to address the request. We have also added important findings such as the estimated global taxi market and where the biggest ride-share market by revenue dominates.

Calculations:
Global ride-sharing market: China 2016-2021 (source6)
Beginning Value: $8billion 
Ending Value: $26.6 billion (5)
Number of Periods: 5 
CAGR= 27.16% 

($8billion)*(1+0.2716) = $10.2billion (year 2017)
($10.2billion)*(1+0.2716)= $12.94billion (year 2018)
($12.94billion)*(1+0.2716)= $16.45billion (year 2019)
Global Car Share MarketThe worldwide taxi market is worth $108 billion. $36 billion of this market is considered to come from the ride-hailing businesses like Uber and Lyft. The taxi industry was valued at $199 million in 2017, and this value is expected to reach $722.5 million by the end of 2025. The highest revenue owner of ride-share applications is China, which is on track of gaining $26.6 billion in revenue by the year 2021. The current market size of the ride-share market is estimated to be $16.45 billion in China alone, and it is estimated that 273.5 million Chinese people using ride-share applications.  Second to China is Japan, which has a revenue contribution of $1.1 billion.

Ride-sharing services are working together to be a part of the daily public transport system. It is possible that we may see public transport systems connecting to cab aggregators soon. Market Watch report stated that the global ride-hailing market is projected to reach $285 billion by 2030. While the conventional taxi service market shrinks to a quarter of its size as the years pass by. This shows that the cab aggregation business is going to dominate the global taxi service businesses’ landscape eventually.  

Part

of twenty-nine

Part

Micromobility By Global Region, Part 2

After an exhaustive search through credible sources, we were unable to provide the market sizes of the micro-mobility market in East Asia and Southeast Asia. Therefore, we have entered N/A (not available) in column E, row six of the attached spreadsheet. Below we have presented a detailed overview of our research strategy, any assumptions we have made, and some helpful findings from our research.

METHODOLOGYTo determine the market size of the micro-mobility market in East Asia and Southeast Asia, we initially examined market reports published by reliable sources. These include credible databases such as Statista, Mintel, Markets and Markets, Forrester, Gartner, and Grand View Research among others. Though the reports contain the estimated global market size for on-demand vehicles, along with segmentation by vehicle type, information for micro-mobility, four-wheelers, and segmentation (region wise) were behind a paywall. We could not find a relevant market report concentrating on micro-mobility in East Asia or Southeast Asia specifically. Nonetheless, we did locate details on the CAGR of the micro-mobility market.

Next, we broadened the scope of our research to find industry-related journals, articles, and podcasts discussing the topic. We searched sources like Global Fleet, McKinsey, City Lab, 5by5, and the Financial Times among others. Our intention was to utilize any useful information we could find to conduct a triangulation. We wanted to determine the global market size for the micro-mobility market and the market share of East Asia and Southeast Asia to distinguish the requested information. However, most of the information that we came across concentrated on the driving forces behind this booming industry. Moreover, we could only locate statistics for the areas where the industry is well-established (e.g., the United States, China, Europe), and the information was not sufficient to calculate the figures we were seeking.

Finally, we searched for the major players in the industry in East Asia and Southeast Asia to locate the market size for the regions utilizing the 80-20 rule. We reviewed reports from Vox, City Lab, and Venture Beat among others, which provided us with some market leaders including Bird, Lime, Skip, Scoot, and Spin. However, they operate in advanced economies like the United States and Europe. The reports and articles did not explicitly declare the market leaders in East Asia and Southeast Asia. Due to the lack of available information, we are unable to provide the requested data.

During our research, we discovered a low density for micro-mobility services in East Asia and Southeast Asia for most areas, except for China. As a result, customer experiences for the market is depraved. This fact is a probable reason why the industry is rather niche in the listed areas, and there is an absence of relevant information.

HELPFUL FINDINGSThere are two segments to the on-demand transportation market, which are four-wheelers and micro-mobility. The total global market size is projected to range from $290.3 billion to approximately $304.97 billion by the year 2025. According to PRNewswire and Crunch Base, the micro-mobility segment of the market is expected to experience the highest CAGR between 2018 and 2025 (24.7% to 25.5%). By the year 2030, the combined micro-mobility market size for the United States, China, and the European Union is anticipated to be valued at between $300 billion to $500 billion. For China, the estimated market size of the micro-mobility market is forecasted to be between $30 billion to $50 billion in 2030. 

As reported by McKinsey, in China, the pricing of micro-mobility is currently about 20% of that in the United States. Additionally, Mobike strategically stationed bikes in Beijing to reduce the volume of individuals residing in "transit deserts" by around 40%.

Part

of twenty-nine

Part

Taxis & Private Cars/Drivers By Global Region, Part 1

 Row 8, column E of the attached spreadsheet has been completed with specific market size data regarding the current market size of taxis broken down by region, i.e., global, North America, South America, Europe, East Asia, and South East Asia. Figures for the United States and Western European markets were uncovered but none regarding the market size in Latin America, East Asia and South East Asia. Ensuing is a research strategy itemizing the search attempts used to uncover the information presented.
RESEARCH STRATEGY
Our search efforts did not discover accurate data regarding the market sizes of the taxi market for North America, Europe, Latin America, East Asia, and South East Asia; however, we managed to find data for the market size of taxis in the United States of America and Western Europe.

Initial search efforts examined market reports and research studies since this kind of information is mostly found on market reports and research studies. Market intelligence vendors likely to contain that information we examined such as IBISWorld, Market Insight, Technavio, Graphicalresearch, Ken Research, Academia.edu, Researchmoz, and many more business and market intelligence vendors. 

Unfortunately, none of the publicly available reports examined featured relevant information specific to the subject. Paywalled reports that require a subscription, full purchase, or membership seemed to connote the availability of such data based on the outline of their contents. Most of the reports and studies featured details regarding car sharing and ride-hailing industry. Information specific to the taxi/private car alone is very limited. 

Through this strategy, we found the market size of the taxi industry in the United States of America, a list of key players in the industry, and estimates that could support triangulating data for the market size in Western Europe. There was no report providing data for Europe as a whole.

Continued searches across other industry and business reports published by reporters such as TechCrunch, Forbes, Cision, Medium, and Entrepreneur did not reveal any useful information as well. The only data we found related to the market size of the global taxi industry.

Lastly, we decided to expand our research strategy and explore the individual websites of the global players in the taxi industry hoping to find some relevant data. Unluckily, we found no reports detailing the market sizes for North America, Europe, Latin America, East Asia, and South East Asia. We have included N/A in the specific cells of the attached spreadsheet to indicate that we could not find that particular information.

We suspect the lack of information could be due to the increased focus on new technologies disrupting the taxi industry such as Uber, or analysts are no longer performing in-depth analyses of the traditional taxi industry.
TRIANGULATION
According to Mytaxipulse, the 2018 global market size of the taxi industry is estimated at $108 billion. Kenresearch asserts that Western Europe held 0.3% of the global market.

Therefore, to find the current market size of Western Europe, we determine the equivalent of 0.3% of the value of the global market.

$108,000,000,000 x (0.3/100) % = $324,000,000

Thus, we can conclude that the estimated market size of the taxi industry in Western Europe is $324,000,000
GLOBAL TAXI MARKET OVERVIEW
Mytaxipulse estimates the global taxi market size at $108 billion. IBISWorld estimates the current U.S. taxi and limousine market size at $26 billion and has expanded by a CAGR of 7.6% over the past five years. Throughout the U.S., the total number of taxi businesses is estimated at 1,120,655 and employs approximately 1,134,602 individuals. Based on the triangulation above, we estimate the taxi market size in Western Europe to be $324 million, which is equivalent to 0.3% of $108 billion, the size of the global market.
GLOBAL TAXI/CAB SERVICE KEY PLAYERS
According to Marketinsights.biz, the key players in the global taxi industry include 13CABS, Yellow Cab, Yellow Checker Cab, Dallas Yellow Cab, DC, Discount Cab, Megacabs, Eastern Car Service, Badger Cab, and Cowboycab are the. In closing, all the relevant information is included in the attached spreadsheet row 8, column E.

Part

of twenty-nine

Part

Public Transit By Region Part 2

Based on our research, across the different countries that make up East Asia and SE Asia, projections show that public transit in on the rise. Also, a report by Open PR observed that the global public transit industry would top $600 billion by 2022, growing with a CAGR of about 6.5% from 2017 to 2022. Unfortunately, there was no report in the public domain revealing the market size of public transit in East Asia or SE Asia. To triangulate the requested data, we researched the market size of public transit in the countries that make up East Asia and SE Asia, respectively; still, such information was not available in the public domain. 

Hence, due to the lack of the required data in the public domain, we filled the corresponding sections of the attached spreadsheet with N/A (not available). Please, continue reading for a deep dive of our methodology and helpful research findings. 
MethodologyTo identify the market size of public transit in East Asia and SE Asia, we began by examining reports on credible research portals such as Technovia, Markets & Markets, BusinessWire, Plunkett Research, APTA, and others. As per information publicly available, there was no report by these directories in the public domain with insights into the market size of public transit in East Asia or SE Asia. However, we located summarized reports by Digital Jornal and Open PR linking to paid studies, which revealed the global public transit market valuation and may have the required data as the reports' contents showed they had regional data for East and SE Asia. Unfortunately, they were hidden behind paywalls; so, we could not access them. 

Next, we proceeded to research trusted media and industry consultants' websites with the hope to locate press releases, expert blogs, or news articles with insights into the requested data for East Asia and SE Asia. For this, we investigated directories such as Techwire Asia, PwC, Global Mass Transit, PR Newswire, Business Insider, Deloitte, McKinsey, and others. Still, there was no information pertinent to the market size of public transit in either East Asia or SE Asia. 

Therefore, we resolved to research annual reports by the official transportation departments in the major countries that make up East Asian and SE Asian regions hoping to relevant data to triangulate the market size of each region by adding the market size from each country. Also, we researched other relevant news reports in each country that make up these regions in search of any helpful data. 

For the East Asian region, we researched countries such as China, South Korea, North Korea, Hong Kong, Taiwan, and Macau; while in the SE Asian region, we investigated Vietnam, Malaysia, the Philipines, Singapore, Thailand, Indonesia, and others. Still, there were no reports in the public domain explicitly revealing the market size of public transit in any of the above countries researched. At best, we located reports stating the current state of public transit for some countries we investigated and the expected projections in terms of outlined plans to improve the sector. Hence, due to the lack of the required data, we provided these as the only relevant findings from our research pertinent to this request in this report. 

Based on our investigation, there are no reports in the public domain revealing the market size of public transit in East Asia or SE Asia, the only reports on the topic, which have the needed data, by Digital Journal and Open PR are behind paywalls, and only accessible with a paid subscription. Hence, we filled the corresponding sections (% of Mobility Categories Per Region tab) of the attached spreadsheet with N/A (not available). 
HELPFUL research FINDINGSWORLDWIDE PUBLIC TRANSIT MARKET
Globally, the public transit industry is expected to reach over $600 billion by 2022, growing at a CAGR of about 6.5% between 2017 and 2022, according to a report by Open PR. However, details of this report revealing the regional market sizes was behind a paywall and not available to the public. In 2018, Digital Journal published a study, which has a segment dedicated to the public mass transit market analysis in East Asia and SE Asia; unfortunately, like other sources found from our research, it was behind a paywall and so, not publicly available.
HELPFUL INSIGHTS INTO THE PUBLIC TRANSIT SECTOR IN SOME EAST ASIAN AND SE ASIAN COUNTRIES
EAST ASIA
In the East Asian country of China, bus transportation alone grew with a CAGR of 10% to reach $28.1 billion in 2018; however, this report by IBISWorld did not reveal the overall public transit market size in China, as further details of the study were behind a paywall. Also, in South Korea, which is a country in East Asia, its capital, Seol, has projections to reduce passenger car travel by 30%, as well as reduce average commute time using public transit by 30% by 2030.
SE ASIA
In Vietnam, there is a 2020 vision to move 6.24 billion passengers annually, out of which around 86-90% would be by road, 4.5-7.5% by inland waterways, 1-2% by rail, and 1-1.7% by air. As of 2016, road transport represented 94% of transit usage in Vietnam, inland waterways followed next 1.07% at 4.78%, while aviation and railways had 
  and 0.27%, respectively, according to the General Statistics Office Vietnam. 

As of 2017 in Malaysia, public transport network was not equipped to handle the projected 60% of its population expected to used public transport by 2021. In Indonesia, the country's public transit spend grew by three-folds between 2010 and 2016 and expected to remain on the rise, according to a report by the World Bank. 

In SE Asian country of Thailand, over 60% of the population move with public transit, with the country's revenue from this sector growing from M342,126,519 ($83,608,878.71)  in 2015 to RM436,125,641 ($106,580,384.15) in 2016. As per a 2015 report by the Asian Development Bank (ADB), public transit in the Philipines was dominated by road transport, which had 98% and 58% of passenger and cargo traffic travel, respectively. In the same year of 2015, the country had a budget of P230.4bn ($5.18bn) for the public transport sector. 

Please, note that due to lack of the required data in the public domain, we provided the above relevant findings for this request and filled the attached spreadsheet with N/A (not available).

Part

of twenty-nine

Part

Public Transit By Region Part 1

The public transit sectors in North America, Latin America, and Europe are worth $76,875,000,000, $554,260,000, and $4,820,379,910, respectively. This information has been entered into cell 7E of the "Sheet 1" tab of the spreadsheet entitled Mobility Market Data, linked here.

CALCULATIONSThe most recent estimate we found for the size of the North American public transportation sector was from 2018. This estimate valued that market at $75 billion. We reached our estimate by applying a single year of the region's industry CAGR of 2.5 percent via the following calculation:
75,000,000,000 * 1.025 = $76,875,000,000

The most recent estimate we found for the Latin American public transportation sector was from 2018. This estimate valued that market at $518 million. We reached our estimate by applying a single year of the region's industry CAGR of 7 percent via the following calculation:
518,000,000 * 1.07 = 553,260,000

The most recent estimate we found for the European public transportation sector was from 2016. This estimate valued that market at $3.41 billion. We reached our estimate by applying three years of the region's industry CAGR of 12.23 percent. For convenience, we used a reverse CAGR calculator for this calculation. We received the result 4,820,379,909.79.

Part

of twenty-nine

Part

Micromobility By Global Region, Part 1

In 2017, the approximate market size for micro mobility market was $2.3 billion. By 2030, the micro mobility market in Europe will reach $150 billion and the global market is estimated to reach $500 billion. 

An extensive search through public domain did not provide any direct statistics related to the market size for micro mobility market for North America, Europe, and Latin America. However, a number of paid reports were found in our research containing the desired information for all three regions for the micro mobility market. We have put an N/A in the tThe spreadsheet has been updated with the relevant findings.

Below we have provided the details of our methodology that we used and the data we found in our research.

METHODOLOGYTo find the market sizes of the micro mobility market, for North America, Europe, and Latin America, we started looking for the market research reports related to each of the three regions including North America, Europe, and Latin America. While searching through BusinessWire, Global News Wire, Market Watch, Grand View Research, and others, we did not find any direct statistics for the market size for North America, Europe, and Latin America. Although these reports contain the required details, the data is behind paywalls and therefore, could not be accessed. Based on these reports, we were able to learn that the global on-demand transportation market is divided into three segments: 
1. Service type: Based on service type, the global on-demand transportation market is further divided into "e-hailing, car sharing, car rental, and station-based mobility."
2. Vehicle type: Based on vehicle type, the global market is further divided into four wheeler and micro mobility. 
3. Region type: The market is divided into Europe, Latin America, North America, Middle East & Africa, and the Asia Pacific.

Some of the paid reports we came across in our research that contain the desired data include:
1. North America Ride Hailing Market 2013-2023..... — published by BusinessWire 
2. On-demand Transportation Market..... — published by Global NewsWire 
3. Mobility on Demand Market.... — published by Market Watch 
4. North America Ride Hailing Market..... — published by PR NewsWire 

Next, we tried to look for the desired statistics for the market size of the micro mobility market, for North America, Europe, and Latin America through industry reports such as Statista, McKinsey, and others. McKinsey report illustrated that by 2030, the micro mobility market in the US will reach $200 billion to $300 billion and in Europe, the micro mobility market will reach $100 billion to $150 billion. However, no other statistics were found detailing the current market size of the micro mobility market, for North America and Latin America. For Europe, the estimated market size of micro mobility market was provided for 2030.

Then we decided to search through some credible news sites, press releases, or other media articles if any of these have included the desired statistics related to the market size of the micro mobility market for North America, Europe, and Latin America. We looked through sites such as Semi Engineering, City Lab, Wocomoco, Intelligent Transport, and others. Most of these reports referred to the McKinsey report which we discussed above. 

An attempt to triangulate the market sizes of the micro mobility market, for North America, Europe, and Latin America was not successful for all three regions. However, based on the information obtained from Tech Sci Research, we were able to triangulate a rough figure for the North American market. Looking at the graph provided in the report, we have tried to find an approximate figure for the micro mobility market.

Therefore, based on our research, we were unable to provide the market sizes of the micro mobility market, for Europe and Latin America. However, we could provide a rough estimate for the North American micro mobility market. Additionally, we have provided helpful findings related to the micro mobility market for Europe and Latin America.

HELPFUL FINDINGS AND CALCULATIONNORTH AMERICABased on the Tech Sci Research, in 2017, the ride-hailing market of North America was $11.5 billion. The market was forecast to reach $35 billion by 2023, growing at a CAGR of about 21% between 2012 and 2023. As per the graph presented in the report, only 5% market of the ride-hailing market belongs to the micro mobility segment. So, the market size for micro mobility market in North America for 2017 would be $2.3 billion (5% of $11.5 billion).

The US micro mobility market is estimated to reach $300 billion by 2030. Uber, Lyft, and Ford are among the key players in the US micro mobility market. 

LATIN AMERICAThere is a huge demand for mobility services in Latin America As recently published by the Intelligent Transport, 2019, Grin which is the electric scooter-sharing company merged with Yellow which is a leading provider of dockless bicycles, e-bicycles, and scooters in Brazil. The new company is named as Grow Mobility Inc. operating across six countries with 135,000 vehicles. This is the new partnership creating a ‘local champion’ in Latin America for micro mobility and online-to-offline (O2O) services.  

EUROPEBased on the McKinsey report, the shared micro mobility market in Europe is estimated to reach $100 billion to $150 billion by 2013 whereas, the US market will reach $200 billion to $300 billion. The difference in the market is due to the reason that Europe pricing is about half from the US pricing.

GLOBAL MARKETThe global micro mobility market is estimated to reach $500 billion by 2030. 60% of the global mobility market belongs to the US. Growth in this market is "two to three times as fast as car sharing or e-hailing services."

The global micro mobility market is expected to grow at a CAGR of 24.7% between 2018 and 2025.

Based on vehicle-type, the global on-demand transportation market is divided into two segments: 1. Four Wheeler and 2. Micro Mobility

The column E, row 6 of the spreadsheet has been updated with the relevant findings.

Part

of twenty-nine

Part

Car Rental By Global Region, Part 2

The revenue in the car rentals segment amounts to $4,528 million in East Asia and $633 million in Southeast Asia in 2019.

AsiaThe key drivers of the Asian car rental market are  urban disposable income and less developed transportation facilities. However, this market is expected to grow due to its growing medical tourism industry and investments that are coming from North American and European companies. 

Southeast AsiaThe market size of the car rentals industry in Southeast Asia is valued $633 million in 2019. The revenue is expected to grow at a CAGR of 6.9% and is forecast to be worth $827 million in 2023. User penetration equals 1.8% as of 2019 and is estimated to reach 2.0% by 2023. The average revenue per user (ARPU) is $51.85.  Even though the car rentals market has a promising future, at the moment people are struggling to rent a car in Southeast Asia. 

The cities in this region mostly have excellent public transport, cheap taxi services, and expensive and not well-marked parking spaces for rental cars. Therefore, the demand for these types of cars is low currently. This is the case with cities such as Singapore and Hong Kong. There are cities that resemble Western cities regarding this type of services. However, driving rentals is mostly recommended to travelers who have experience in driving across Southeast Asia, or those who plan to hire a local driver. On the other hand, many local drivers lack driving skill, which is making rentals in this region more difficult. Additionally, Thailand's market is very complex due to a high number of competitors, high lease rental, political disputes, low residual value, unspecified tax regulations, and high unemployment rates.

East AsiaThe car rentals market in East Asia is worth $4,528 million as of 2019. It is forecast to grow at a CAGR of 5.6% during the period from 2019-2023, reaching $5,622 million in 2023. In regard to user penetration, it is found to be 1.5% in 2019 and is estimated to increase to 1.6% by 2023. The average revenue per user is valued at $192.67. The major car rental company in this region is China Auto Rental Inc. India and China, as the emerging nations, represent the fastest growing segments of this market. They have significant unused car rental potential. Also, Japan’s market is expected to record growth.

Part

of twenty-nine

Part

Car Rental By Global Region, Part 1

We estimated the market sizes of the North American, European, and Latin American car rental industries to be $24.15 billion, $12.38 billion, and $2.75 billion, respectively. Details have been populated in the attached spreadsheet.
FINDINGS
We searched research reports, car rental company annual reports, and industry portals for the market size of the North American, European, and Latin American car rental market. Owing to discrepancies that we found among readily available estimates, we chose instead to triangulate the market sizes using data points from the most credible sources in some instances. 
NORTH AMERICA
Mordor Intelligence: The US car rental market was worth $27 billion in 2017. 
Transparency Market Research (TMR): The North American car rental market was worth $26.4 million (not in billion) in 2015--this is significantly different from the other two estimates.
Euro Monitor: The leisure car rental segment will grow at 3% CAGR in the period 2017-2022 to 13.1 billion, and the business car rental segment will grow at 2% CAGR in the period 2017-2022 to 10https://data.worldbank.org/indicator/ny.gdp.mktp.cd.3 billion. 

Using the Omni Calculator, we estimated that the corresponding market size of the leisure and business car rental segments in 2017 were 11.3 billion and 9.33 billion, respectively. Therefore, the total size of the US car rental market in 2017 was $20.63 billion (11.3+9.33). 

The GDP of the US accounts for 85.44%--calculations shown in the attached spreadsheet--of the GDP of North America. Assuming that the share of the US in the North American car rental market will be in the same proportion as the GDP, the North American car rental market size in 2017 was $24.15 billion (20.63/85.44%).

We decided to stick to the Euro Monitor estimate as it is a more reputed agency among the three. 
EUROPE
Mordor Intelligence: The European vehicle rental market was worth $15 billion in 2017.
Hertz: The current market size of the European vehicle rental industry is $18 billion.
Envision Intelligence: The European vehicle rental market was worth $81.79 billion in 2018. As this estimate is significantly different from other estimates, we have decided to ignore it.
The vehicle rental estimates include cars rentals as well as other vehicles like vans & trucks and low-cost vehicles. Europcar generated €2,122 million from car rentals, €344 million from vans & truck rentals and €388 million from low-cost vehicle rentals.
Statista: The car rental industry in Europe is worth $6.8 billion.
Europcar estimated the European car rental sector to be worth €12 billion ($13.58 billion) in 2015.
ESTIMATE 1
Goldstein Research: North America accounts for 40% of the global car rental market.
Future Market Insight: The North American and European markets collectively account for 62.4% of the global car rental market.
Zion Market Research: North America accounts for 44.6% of the global market revenue.
Nedrelid Corporate Advisory: The European car rental industry is estimated to be roughly half the size of the US car rental market

The region-specific market share estimates across the agencies-- Goldstein Research, Future Market Insight, Zion Market Research, Nedrelid Corporate Advisory--more or less concur. The European car rental industry is roughly half the size of the US market.

The Euromointor estimate for the 2017 US car rental market size is $20.63 billion (as calculated in the North America section). Therefore, we can say that the European car rental industry was roughly worth $10.32 billion (20.63*50%) in 2017. 
ESTIMATE 2
Hertz estimates the US vehicle rental market size to be $30 billion and the European market to be worth $18 million. Therefore, the European vehicle rental market size is 60% (18/30) the size of the US vehicle rental market. Assuming that this proportion holds true even for the car rental market, the European car rental market was worth $12.38 billion in 2017 (60%*20.63).

We have used the second estimate as the first estimate is calculated using an approximate value (roughly 50%) as against an exact value (60%) in the second estimate. Also, the second estimate is a median of the three estimates: Europcar’s 2015 estimate ($13.58 billion), Estimate 1 ($10.32 billion), and Estimate 2 ($12.38 billion).
LATIN AMERICA
According to Hertz, the current market size of the Latin American car rental industry is $4 billion. Therefore, the Latin American market is 13.33% (4/30) the size of the US market. Using the same methodology as that used in estimate 2 for the European market, the Latin American car rental market was worth $2.75 billion (13.33%*20.63) in 2017.

Part

of twenty-nine

Part

Car Sharing By Global Region, Part 2

After carrying out an extensive search, we could not find information that directly relates to the market sizes of the car share market, for North America, Europe, and Latin America. However, we established that Asia being the largest car share region holds over 40% of the market. Hertz, a major player in the car share industry, had a total annual revenue of $8.8 billion in 2017. The spreadsheet has been updated as NA in the assigned row 4 column E. 
MethodologyWe began our research by looking for industry reports on the car sharing market size for East Asia and Southeast Asia. In this search, we found some reports behind a paywall which provides details of the Asia Pacific market size. Details of East Asia and Southeast Asia market size is not shared in any report. This reports also provided a major market player in the Asia Pacific region. The same source has been used to provide helpful findings. We looked through reliable sites like the Digital Journal, Erie News, Global Fleet, Global News Wire, Reuters, and Shared Mobility. During this search, we found some articles and reports where Southeast Asia is mentioned in regions but details of market share are not available. 

Since there is no direct information found for East Asia and Southeast Asia car sharing market size, we extended our search and looked for the global car sharing market size. This was intended to enable us to triangulate the available global and Asia Pacific car sharing market size and provide the required information. In this search, we found some reports behind the paywall on the global car sharing market size which provide details of the car sharing market size. Details of East Asia and Southeast Asia car sharing market size are not available in any of the reports. 

We broadened our search and looked for the market share and size of the Brunei, Burma (Myanmar), Cambodia, Timor-Leste, Indonesia, Laos, Malaysia, the Philippines, Singapore, Thailand, Vietnam, China, Mongolia, North Korea, South Korea, Japan, Hong Kong, Taiwan, and Macau countries of East Asia and Southeast Asia. This could help us to triangulate and provide the required information as this is the broadest category for the Asian market which is available. In this search, no source or reports were found where details of individual countries' car share market share or size details are available. All search results are only showing the number of customers and growth in car rental or sharing services by the number of customers. We searched for major players market share and size in East Asia and Southeast Asia to triangulate the available Asia Pacific car sharing market size and provide the required information. We searched for Zipcar, Car2Go, CarShare Australia, Hertz Corporation, and Locomute companies market share and size in industry articles, reports, company websites, annual reports, press release, and announcements, in reliable sites like NASDAQ, Locomute, OpenPR, and News Room. In this search, we found the annual global revenue and number of customers of the companies but details of revenue and market share by regions are not shared by the companies. 

We also scoured for case studies and research on the car sharing market globally and the Asia Pacific. Here, we found some researches which provide details of car share global market and details for some countries in different regions but details of market share and market size for East Asia and South East Asia, countries of East Asia and South East Asia or major players of East Asia and South East Asia is not available. We looked through credible sites like Academia, Movmi, and Market Watch. There is no direct information available on market size or share of East Asia and Southeast Asia car sharing. 
HELPFUL FINDINGS 
Market Share
The car-sharing market size of Pacific Asia reached $314.7 million in 2017. The market is projected to grow at a CAGR of above 31.5% from the year 2018 to 2024. The major players in the car sharing market in Pacific Asia include Car2Go, Zipcar, Hertz Corporation, CarShare Australia, and Locomute. Asia being the largest car share region holds over 40% of the market. The countries in the Asia Pacific region include China, Japan, India, Taiwan, South Korea, Malaysia, Australia, and Singapore.
Major Players
In 2017, Car2Go had a 30% worldwide year-over-year membership growth, in 26 locations. Chongqing, China, has the most Car2Go customers with 237,000. The company was launched in 2008, and it serves 26 cities. This includes one city in China, serving 4% of its population. Car2Go is a branch of Daimler AG, operating under the Financial Services Division. The division had an annual revenue of €23,775 in 2017. Hertz had a total annual revenue of $8.8 billion in 2017. Zipcar Company serves Taiwan, East Asia.
Additional Information
The Asia Pacific region comprises nations across Southeast Asia, East and South Asia, and Oceania. The 11 countries in Southeast Asia include Burma, Timor-Leste, Brunei, Cambodia, Laos, Indonesia, the Philippines, Malaysia, Thailand, Singapore, and Vietnam. Some countries in East Asia comprise Mongolia, China, South Korea, North Korea, Hong Kong, Japan, Macau, and Taiwan.

Part

of twenty-nine

Part

Car Sharing By Global Region, Part 1

The current market size for car sharing in North America is $1,142,575,826 and in Europe it is $1,018,914,330. The current market size for car sharing is currently unknown in Latin America. The spreadsheet could be found here.
MethodologyWe searched for pre-compiled data regarding the car-sharing market in North America. We looked into various market reports, surveys, databases, trusted media sites, but most of them were locked behind paywalls while some contain data from previous years with forecasts that were not updated. We decided to use the reverse CAGR calculator, and for the starting value we inputted $626 million, and we inputted 35.1 for a CAGR. For the number of periods, we used two (2018 to 2019) and based on these figures the calculator states that the market size for the car-sharing market in North America is $1,142,575,826. 

We also looked for pre-compiled data regarding the car-sharing market in Europe. We once again looked into market reports, surveys, databases, and rusted media sites. Once again most of the data we needed was locked behind a paywall, and some of the data were not updated. We used the reverse CAGR calculator. We inputted a starting value of $570,000,000, and a CAGR of 33.7%. For the number of periods, we placed two (2018 and 2019). Based on the figures, the market size for the car-sharing market in Europe is $1,018,914,330.

Lastly, we decided to look for the car-sharing market in Latin America. We first looked for pre-compiled data in various market reports, surveys, databases, trusted media sites. Unfortunately, all of the data were locked behind a paywall. We then look into countries within Latin America that provided car sharing services. We found that only a few countries have this kind of service and these countries include Brazil, Mexico, Costa Rica, Chile, and Argentina. We looked for each of their markets in hopes of triangulating the data through it, but once again, the data needed were locked behind a paywall. We decided to triangulate the market by using the global market size and comparing it to the percentage that Latin America and its countries share globally. We were able to find data for the global market size. However, we could not find the individual percentages for Latin America and its countries. The sites containing the paywalls are GM  Insights and Statista . 
Car Sharing MarketThe current global car sharing market was valued at $1.5 billion in 2017. It is expected to reach $11 billion by 2024 and grow up to 20% in CAGR.
North America Car Sharing MarketThe North America car sharing market was valued at $626 million in 2017. It is anticipated to witness a staggering CAGR of 35.1% to reach its valuation of $4.8 billion in 2024. 
European Car Sharing MarketThe European car sharing market was valued at an estimated $570 million in 2017. It is expected to reach $4 billion with a CAGR of over 33.7% in the years of 2018 to 2024. 
Latin American Car Sharing MarketCar sharing only recently became a phenomenon in Latin America. Currently, only five countries in Latin America have a market for car sharing and these are Brazil, Mexico, the lesser part of Costa Rica, Chile, and Argentina. Zazcar is the first car-sharing system in South America. It was founded in 2009 in Brazil, and it is still currently operating in San Paulo, alongside three other companies such as GlubGT, Vamos, and Urbano LDSharing. Carrot is considered to be the first car-sharing system in Mexico, then Ubicar came along, but was later on acquired by Carrot. Other car-sharing systems in Latin American countries are Sigo in Costa Rica and Awto in Chile and Argentina (9). The significant difference between the Latin American countries and other countries that have attempted car sharing is their income levels. Latin American cities tend to have low to middle-income populations that do not have cars, and this certainly affects the given market.    

Part

of twenty-nine

Part

Ride Sharing By Global Region, Part 2

The market size of South East Asia rideshare market is $8 billion, while that of East Asia is $35.6 billion. We have entered the information in the attached spreadsheet as requested. 

Ride Hailing is the term used by Statista to describe "online platforms and apps that bring together passengers and drivers, such as Uber and Lyft." These platforms include Transportation Network Companies whereby passengers request for a ride online and are then matched with an available driver on the platform. These platforms charge a commission for the service and popular examples of these platforms include Uber and Lyft. We have also provided screenshots of Statista's data in this document. 

To wrap up, we have completed Column E, Row 3 of the attached spreadsheet with the requested data. 

Part

of twenty-nine

Part

Ride Sharing By Global Region, Part 1

Driven by convenience, the ride-sharing market has grown rapidly. The global ride-sharing market is valued at $19.514 billion in North America, $8 billion in Europe and $925 million in Latin America. We presented the information in the provided spreadsheet. 
NORTH AMERICAThe United States ride-sharing market is valued at $18.405 billion. The United States market leader is Uber with a 69.2% market share whereas Lyft has a 28.4% market share. Canada has an $829 million market whereas Mexico has a $280 million market. The North American ride-hailing market, comprising US, Canada and Mexico raid-hailing markets, is worth $19.514 billion ($18.405 billion+ $0.829 billion+0.$280 billion).
EUROPEEurope's ride-sharing market is valued at $8 billion. The leading ride-sharing economies in Europe are the United Kingdom and Germany valued at $1.6 billion and $0.5 billion respectively.
LATIN AMERICAThe Latin America ride-sharing market is a $925 million market. Leading Latin America ride-sharing companies are Uber, 99, Easy Taxi and Cabify. Didi Chuxing acquired 99 to take on Uber in Latin America.

Part

of twenty-nine

Part

Global Projected Market, CAGR: Taxis/Private Drivers

While there was no publicly available data regarding the compound annual growth rate (CAGR) or projected market size for the global taxi market in 2024, we were able to find credible data from Goldman Sachs, which was sufficient for us to formulate and conduct triangulated calculations providing both data points. Those data points that we calculated are included in the attached spreadsheet. Below is an explanation of our research methodology and step-by-step explanations of the calculations that we conducted regarding the global taxi market size and CAGR for 2024. 
METHODOLOGY
After thorough research efforts, it became necessary for us to triangulate a calculation based upon credible data in order to provide the estimated CAGR and projected market size for 2024 for the taxis/private drivers market globally. Before making that decision, we looked thoroughly through numerous, credible sources for that information, but such information was not publicly available. Throughout our research, we implemented three, distinct research strategies in looking for that information. 

First, we looked for market research reports about the global taxis/private drivers market. While we did find a few market research reports, the ones that we found with data about projections for the global market size and CAGR as far out as 2024 were paywalled. The other market research reports we found either did not provide sufficient projections, pertained to the U.S. only, or were a combination thereof. Accordingly, we turned to our next research strategy, which was utilizing the market data source Statista to see if it had any charts or graphs that either directly provided the information we were looking for or, alternatively, had information which we could have used to triangulate the requested data. While there were many graphs and charts within Statista about taxis/private drivers, none of the data pertained to or would have allowed us to calculate the CAGR and projected market size for 2024. The best information that we found in Statista was projected revenues for the U.S. taxi industry through 2022, which was outside the scope of our research. 

Thus, we then turned to our third research strategy, which involved looking for articles that discussed data/information about either the current and/or projected CAGR and market size for the global taxi/private driver industry. From that strategy, we were able to find one very credible and directly applicable article published by Market Watch, citing research data from Goldman Sachs. Though private drivers were not mentioned in the article, the data did apply to the global taxi market, which is why we used it as the best data available to us. While that data did not directly state either CAGR or the projected market size specific to 2024, it did provide sufficient data that we were able to use as part of a triangulated calculation to identify the CAGR and projected market size for 2024. 

One obvious limitation of this approach was that because the projections applied to 2030 (with no other lesser year intervals included), it was necessary for us to assume even declines in the industry's revenue each year, which is unlikely to occur in such a neat, predictable fashion. However, we had to utilize this method because this was the best data that we could find for purposes of this research. Despite that limitation, our calculations are based on credible data from Goldman Sachs and clearly demonstrate the projected decline anticipated for the global taxi market by 2024. 
2024 GLOBAL TAXI MARKET sizeIn order to calculate the CAGR for the global taxi market in 2024, we first needed to calculate that market's value in 2024 specifically, as that data point is needed for the CAGR calculation. 

According to data from Goldman Sachs, "the overall ride-hailing market [is projected to grow] to $285 billion in the next 13 years [2030, since the article was published in 2017 and 2017+13=2030], while the taxi market shrinks to a[s] little as a quarter of the size." From the data in that statement, we were able to calculate the estimated market size for the global taxi market by 2030. For that, we simply divided 285,000,000,000 by 4 (because "the [global] taxi market" is expected to drop "to a[s] little as a quarter of the size" and 4 represents one quarter of a value), which equals 71,250,000,000. Thus, according to our data-based calculation, the global taxi market size by 2030 is projected at $71.25 billion.

The global taxi market size in 2017 was $108 billion. Since we're calculating the CAGR for 2024 and not 2030 though, we first needed to calculate the difference between the 2017 and projected (2030) global taxi market values. As was explained above, doing so requires the assumption that the market size will drop by an even interval each year, which is unlikely to occur evenly, but this was the best that we could do based on the limited data. Accordingly, 108,000,000,000 minus 71,250,000,000 = 36,750,000,000. Thus, according to our data-based calculation, the global taxi market is projected to decline by $36.75 billion in total between 2017 and 2030. 

Next, we needed to calculate the annual revenue drop within the global taxi market. For that, we divided 36,750,000,000 by 13 (the number of years between 2017 and 2030), which equals 2,830,000,000. Thus, according to our data-based calculation, the global taxi market size will decline by $2.83 billion annually from 2017-2030. 

To calculate how much the global taxi market will decline by 2024, we multiplied the above-calculated annual market size decline (2,830,000,000) by 7 (the number of years between 2017 and 2024), which equals 19,810,000,000. Thus, according to our data-based calculation, the global taxi market size, by 2024, is projected to have declined by $19.81 billion since 2017. 

Next, we needed to calculate what the actual market size will be for the global taxi market in 2024, in addition to already calculating how much it will decline by. For that, we subtracted the above-calculated market decline by 2024 (19,810,000,000) from the 2017 market size (108,000,000,000), which equals 88,190,000,000. Thus, according to our data-based calculation, the global taxi market is projected to have a value of $88.19 billion in 2024. 
2024 GLOBAL TAXI MARKET SIZE
After having calculated the 2024 market size, we lastly needed to calculate the CAGR for 2024. For that, we found the CAGR formula, which written in words is: CAGR equals final value divided by starting value, multiplied by (the 1 divided by time interval power), minus 1. In numbers, that calculation here was: CAGR = 88,190,000,000 (2024 market size) divided by 108,000,000,000 (2017 market size), which equals 0.81657407407. Next, we divided 1 by 7 (the time interval, as the number of years from 2017 to 2024), which equals 0.14285714285. 

Then we plugged that previous value in by multiplying 0.81657407407 to the 0.14285714285th power, which equals 0.97146675055. Next, we subtracted 1 from 0.97146675055, which equals -0.02853324944. To convert that value into a percentage (for CAGR), we multiplied -0.02853324944 by 100, which equals -2.85 (rounded to the nearest hundredth). Therefore, according to our data-based calculation, the CAGR for the global taxi market for 2024 is -2.85%. 

To recap, the CAGR and projected market size for the global taxi market are included in the attached spreadsheet. 

Part

of twenty-nine

Part

Global Projected Market, CAGR: Public Transit

After conducting an exhaustive search for the projected CAGR (2019-2024) and the market size of the global public transit industry by the year 2024, a direct source for this information was publicly unavailable. This unavailability could be attributed to limited public interest in the subject matter. Notwithstanding, a triangulation yielded the estimated CAGR and market size as 6.5% (from 2019-2024) and $680.534 billion respectively. Subsequently, this information was provided in row 7, column C and D of the attached spreadsheet. Below is an explanation of the methodology and triangulation employed.
MethodologyIn order to uncover the global public transit projected CAGR we applied a number of strategies. For instance, we conducted an extensive search on market research firms like Research and Markets and ReportLinker. These research firms usually publish industry market size and growth rate projections for diverse industries. Through this strategy we identified the projected CAGR of the global public transit market for the period 2017-2021 and 2019-2023 (behind a paywall). There were no predictions on the growth rate ending 2024.

Another strategy we adopted was reviewing press aggregator websites. These websites regularly feature press release information that gives a glimpse of the projected CAGR of numerous industries. Examples of websites covered are OpenPR and Businesswire. This technique yielded CAGR of the global public transit market that focused on the following periods: 2017-2021 and 2019-2022. However, projections for year 2024 were not available.

Furthermore, the research team explored various media publications for insights on the growth rate of the global public transit market. In particular, the team analyzed Forbes and Bloomberg. These media companies have a global reach and hence we thought that they would have growth projections for the global public transit market. However, none of these sources had the desired information. 

Having utilized the above strategies without success, the team concluded that the estimated 2024 CAGR for the global public transit market was publicly unavailable. A likely reason for this unavailability could be that there is limited interest in growth projections for 2024. Regardless, the team decided to use the gathered information to conduct a triangulation. Below is an explanation of the triangulation used. 
TriangulationFrom the gathered data, the team used the projected CAGR of the global public transit industry that covered 2019-2022 (6.5%). This projection was used as it covered the closest year to 2024 (ReportLinker had a report that covered year 2019-2023 but the projected CAGR was behind a paywall). The team then made an assumption that the estimated growth rate of this industry from 2022-2024 would be the same as that occurring between 2019-2022. We reasoned that unless there was a major change in the industry (for example, discovery of a revolutionary public transport medium), the growth rate would hold steady. Having made this assumption we went on to conduct a calculation of the market value for the year 2024.

For this exercise, the team reviewed the previous brief on the current market value for the global public transit market. From this report, the 2019 market value was $496.709 billion. Next, the team used this online calculator to calculate the 2024 market value. The following information was entered into the online calculator:
Starting value: $496.709 billion 
CAGR: 6.5% 
Number of periods: 5 years (that is, 2019 to 2024)

Once the above inputs were entered, the online calculator provided the value of the global public transit market as $680.534 billion in the year 2024. 

Part

of twenty-nine

Part

Global Projected Market, CAGR: Micromobility

The global market for micromobility is expected to reach $120 billion in 2024 with an estimated CAGR of 24.7 % between 2018 and 2024. This information has been added to row 6, column C and D of the "Sheet 1" tab of the spreadsheet entitled "Mobility Market Data," linked here.
CALCULATION AND ASSUMPTIONSWe did not find a direct estimate of the size of the global micromobility market in 2024. However, we found that the global estimate for all mobility-on-demand services in 2024 was $200 billion. We also found that the United States was the largest market for mobility-on-demand services and that 60% of the United States' mobility-on-demand market consisted of micromobility.

We chose to assume that the US market was indicative of the global market in terms of the percent of overall mobility-on-demand services taking the form of micromobility services, so we found 60 percent of global mobility-on-demand market estimate via the following calculation: 200,000,000,000 x 0.6 = 120,000,000,000.

This gave us a global micromobility market estimate for 2024 of $120 billion.

Part

of twenty-nine

Part

Global Projected Market, CAGR: Car Rental

In row 5, columns C and D of the attached spreadsheet we have provided the CAGR and projected market size for 2024 for the Global Car Rental market. Below is a brief overview of our findings and calculations.

CALCULATIONSUsing the market size of the Global Car Rental market in 2016 ($58.26 billion) and the market growth rate of 13.55%, we have estimated its current (2019) market size to be $85.30 billion. Our process is as follows:
    2017: $58.26 billion * 1.1355 = $66.15 billion
    2018: $66.15 billion * 1.1355 = $75.11 billion
    2019: $75.118 billion * 1.1355 = $85.30 billion

Using the reverse CAGR calculator and the expected growth of the Global Car Rental market from 2018 to 2024 (10.9%), we have estimated the Global Car Rental market size to be $143.1 billion by 2024.
CURRENT MARKET SIZEThe Global Car Rental market size in 2016 was $58.26 billion and in 2019 is estimated to be approximately $85.30 billion. However, the market is expected to grow at a rate of 13.55% from 2017 to 2022. 

GROWTH RATE
The Global Car Rental market is expected to grow at a CAGR of 10.9% from 2018 to 2024.

PROJECTED MARKET SIZE
Global Car Rental market size is expected to reach $143.1 billion by 2024.

Part

of twenty-nine

Part

Global Projected Market, CAGR: Car Share

The global car sharing market was approximately $5,571.2 million in 2018 and is projected to increase at a CAGR of 11.0% during the forecast period. The projected global market size for the car share market size in 2024 is estimated to be US $10,420,453,553. Our findings can be found in the attached spreadsheet.

We calculated the projected value for the year 2024 by multiplying the current amount by the CAGR for every year in the range required.

 5,571,200,000*1.11^6= 10,420,453,553

Therefore, we have estimated the global size of the car share market to be $10,420,453,553 by 2024.

Part

of twenty-nine

Part

Global Projected Market, CAGR: Ride Share

The CAGR for the global market for ride share 2018-2024 is 19.87% and projected market size for 2024 is $195.6 billion. The market is primarily driven by rising urbanization and declining car ownership. Figures have been included on row 3, columns C and D of the accompanying spreadsheet.
Research Strategy and CalculationsOur research began by searching for the global projected CAGR of the ride share industry. We were able to locate several credible and relevant sources which included press releases, market intelligence sites and news sites. However, these results did not directly answer the criteria of CAGR for the 2018-2024 time period, and therefore we had to triangulate the data because they gave the CAGR for the period 2018-2025 and the projected market size for 2025. Using this information we then calculated the market size for 2024 as follows.

The CAGR for 2018-2025 is 19.87% and the market size for 2025 is $218.0 billion. Then, given that the market size in 2018 was $61.3 billion and in 2025 it would be $218.0 billion at a CAGR of 19.87%, the difference of these is ($218.0 - $61.3) = $156.7 billion.

The time periods are 2018-2025 = 7 years and 2018-2024 = 6 years

This leads us to $156.7 billion = 7 years at a CAGR of 19.87%, hence X= 6 years at a CAGR of 19.87%. X is the difference between market size in 2018 and 2024. We find X by the following:

$156.7 billion = 7 years
X = 6 years
Therefore 7X = ($156.7 billion*6)
X = ($156.7 billion*6) / 7 = $134.3 billion
Thus, the difference in market size between 2018 and 2024 is $134.3 billion. Finally, the market size for 2024 is: 2024 = $61.3 billion + $134.3 billion = $195.6 billion

Part

of twenty-nine

Part

Current Global Market Size, Taxis/Private Cars

Goldman Sachs estimated the global taxi market to be worth $108 million, and of the various other forms of transportation, taxis have experienced the highest growth in customers. This spreadsheet contains the details of our key findings.

GLOBAL TAXI MARKET SIZE
The current global taxi market size is $108 billion, with $36 million from taxi-hailing businesses such as Uber, Lyft, and Grab. The taxi business market is experiencing high growth and has gained prominence over the last 2–3 years. An average of 15 million ride-hailing trips occur per day, globally, and this value is expected to increase over the next 11 years to 97 million rides per day, by 2030. The revenue generated from taxi-hailing businesses is projected to reach $285 million by 2030.

With a focus on the growing use of technologies (IoT based) in the taxi market and automotive industry in general, the use of connected cars is steadily on the rise, and its global market size is projected to reach $156,145.9 million by 2023 from $51,910.9 million in 2017. In terms of products and services, connected cars are typically categorized into fleet managers, wireless and cellular modules, OEM services, aftermarket services, processors, and sensors.

Part

of twenty-nine

Part

Current Global Market Size, Public Transit

The current global market size of public transit is estimated to be $496.71 billion. We have provided our key findings below and presented the data in the attached spreadsheet. 
MethodologyTo provide the current global market size for public transit, we first searched for market research reports on public transportation; for this, we scanned through reports by Businesswire, IBISWorld, The Business Research Company, Global Information Inc, Report Buyer, among others. 

We were able to ascertain the current global market size of public transit by triangulating from the projected market size for the global transit and ground passenger transportation in 2022. This market segment includes the following type of public transit services — commuter rail, public bus, taxi, limousine, school and employee bus, charter bus, metro, mobile application based taxi, other taxis, among other segments. 

According to The Business Research Company's market report, the expected market size by 2022 is estimated to reach over $600 billion at a CAGR of 6.5%. To get the current market size for global transit and ground passenger transportation (public transport), we used the 6.5% CAGR for the forecast period as well as the future value of $600 billion (2022). We calculated using a CAGR calculator. 

CALCULATIONS
Expected market size by 2022 = $600 billion 
CAGR = 6.5% 
2021 market size = $600 billion * (1-0.065) = $563.38 billion
2020 market size = $563.38 billion * (1-0.065) = $529 billion
2019 market size = $529 billion * (1-0.065) * = $496.71 billion

In conclusion, we triangulated the market size of global transit and ground passenger transportation (public transport) in 2019 as $496.71 billion. We have presented the details in the attached spreadsheet. (Row 7, column B). 

Part

of twenty-nine

Part

Current Global Market Size, Micromobility

 This spreadsheet does not contain the requested information as it was not readily and publicly available. After several attempts to acquire the information or triangulated it, we could not answer the question. The research strategies we attempted and some useful findings that we came across in our research are provided below.
MethodologyWe began our research by searching the current market size for micromobility through financial sites such as Financial News Now. This source reveals the total addressable market of micromobility as $1.4 Trillion. We attempted to acquire the current global market size in the same article, but this information was not readily available. We continued our search through investment or financial sites. We came across an article by McKinsey which revealed a forecast in the micromobility industry by 2030. Information from these sources have been provided in our findings. 

Our next strategy was to search through publications and articles about micromobility's current global market. We searched through sites such as YSJournal and Media. These sources contained information such as the market leaders in micromobility in the US and a forecast that micro EVs and personal transportation devices market will exceed $33 billion by 2026.

Our next strategy involved looking through news articles that might provide information about the current global market size of micromobility. These sites were PR Newswire[Source 6], KITV4abc Island News, and Globe News Wire. One article revealed that micromobility has advantages because of the reduced fuel consumption. The rest addressed the aspect of the on-demand market in 2019 and general information of the industry.

Our last strategy was to search through research sites such as Research and Markets, Techsciresearch, and Marketwatch. Unfortunately, the information we sought was behind a paywall.

Since we were unable to acquire the actual market size of micromobility, we provided the Total Addressable Market instead. Our research has revealed the following findings that may be helpful.
Helpful findings
In the US, micromobility's addressable market is valued at $1.4 trillion annually and half of all vehicle in the United States are under 3 miles. Micromobility could theoretically encompass all passenger trips of less than 8 kilometers (5 miles), which account for as much as 50 to 60 percent of today's total passenger miles traveled in China, the European Union, and the United States. By 2030, the market forecast has a potential of amounting to roughly between $200 billion and $300 billion in the US. This trend of micro mobility sharing is growing rapidly in developing countries such as China and India.

The global players in this industry that will soon dominate the market include BMW Group, Daimler AG, Uber Technologies, and OLA.

In the US, mini-scooters are becoming the most popular choice of commute. The market leaders in this industry are Lime with a revenue of $754 million and Bird with a revenue of $418 million. However, Frost & Sullivan predicts that about 150 micromobility models will be launched by 2020. 

 IDTechEx forecasts that by 2026, the micro EVs and personal transportation devices will surpass $33 billion. In 2016, Wise Guy Consultants’ analysts stated that they expect a 17.26% growth over the next four years. One major advantage is the reduced fuel consumption and is forecast to register the highest CAGR of 25.5% over the next few years.

Part

of twenty-nine

Part

Current Global Market Size, Car Rental

The GlobeNewswire reported the car rental market as having a value of $56.28 billion in 2016 with a compound annual growth rate (CAGR) of 13.5%. We used the CAGR to project the market value for 2016 to 2022. The data from GlobeNewswire is corroborated with Digital Journal.

Our research findings are on the attached sheet row 5, column B.
MethodologyThe research team combed through business publications such as GlobeNewswire and Digital Journal. Both resources corroborate each other. As the available data was for 2016, we needed to triangulate that to obtain an estimated figure for 2019.
Calculation.Using the 2016 market share of $58.26 billion and the CAGR of 13.55% from the same year, we made the following calculations for 2017 through to 2019:

2017: $58.26B*1.1355 = $66.15 billion
2018: $66.15B*1.1355 = $75.11 billion
2019: $75.118*1.1355 = $85.30 billion
 
 

Part

of twenty-nine

Part

Current Global Market Size, Car Share

In 2018, the global car sharing market size is estimated to be $5.571 billion. Our findings are compiled in the attached spreadsheet. 

GLOBAL CAR SHARING MARKET SIZE
According to PS Market Research, the estimated global car sharing market size in 2018 is $5.571 billion. The compound annual growth rate (CAGR) of car sharing is forecasted to be 11% per year. The global fleet size and the number of members in car sharing are expected to increase by a CAGR of 20% by 2024. 

HELPFUL FINDINGS
The increasing demand for cost-effective and convenient mobility services with government policies supporting car sharing programs has contributed to the growth of the car sharing market. 

Car sharing is categorized into three groups including economy cars, executive cars, and luxury cars. 

A total of 157,000 vehicles and 15 million members are registered in the fleet size globally.

Part

of twenty-nine

Part

Current Global Market Size, Ride Share

The global ride sharing market size was US$ 61.3 billion in 2018. This market is projected to grow at a cumulative annual growth rate (CAGR) of 19.87% (between 2019 to 2025) to reach US$ 218 billion by 2025. 

Key players in this market include Uber (US), Lyft (US), Grab (Singapore), Didi (China), Herts (US), Gett (Israel), BlaBlaCar (France), Ola (India), and Lime (US). 

A summary of our findings has been provided in row 3, column B of the attached spreadsheet. 

Part

of twenty-nine

Part

Percent of Mobility Categories: SE Asia

A detailed presentation of the requested data including total mobility market size and percentage of regional mobility market (by categories) for the East Asia Mobility market is calculated and compiled into tab 2 of the attached spreadsheet.
PERCENTAGE OF REGIONAL MOBILITY MARKET (BY CATEGORIES)
Ride Share — 0.086% 
Car Share — 0.001% 
Car Rental — 0.011% 
Micromobility — 99.61% 
Public Transit — 0.29%
Taxis & Private Drivers — 0.001%
CALCULATION
The total mobility market size for East Asia is:

 $35,589,000,000 + $210,057,340 + $4,528,000,000 + $41,286,244,147,833 + $121,109,976,210 + $266,511,581 = $41,447,947,692,964

Basic spreadsheet formulas were used to determine the percentages detailed below. The market size per region was first copied from the first spreadsheet, then the sum of all categories was calculated in row 2 of the spreadsheet. Lastly, the percentage of each category was calculated by dividing the category total by the region total.

% of regional mobility market (East Asia), by category = [market size of the mobility category ÷ total mobility market size for East Asia] X 100

The total mobility market size for East Asia is $41,447,947,692,964

For each of the mobility categories, the market size value denominated in U.S. dollar and as a percentage of the regional market is calculated below.

Ride Share, % of regional mobility market (East Asia): $35,589,000,000 ÷ $41,447,947,692,964 = 0.086% 

Car share, % of regional mobility market (East Asia): $210,057,340 ÷ $41,447,947,692,964 = 0.001% 

Car rental, % of regional mobility market (East Asia): $4,528,000,000 ÷ $41,447,947,692,964 = 0.011% 

Micromobility, % of regional mobility market (East Asia): $41,286,244,147,833 ÷ $41,447,947,692,964 = 99.61%

Public transit, % of regional mobility market (East Asia): $121,109,976,210 and 0.29%

Taxis & Private Drivers Market Size $266,511,581 ÷ $41,447,947,692,964 = 0.001% 

Sources

From Part 01

Mobility Market Data

docs.google.com

From Part 02

E-bike Market by Class, Battery Type, Motor Type and Region – 2025 | MarketsandMarkets™

marketsandmarkets.com

Publication Year: 2019

Public Transportation

apta.com

Publication Year: 2018

Global Mass Transit: BRT systems in Latin America: A comparative analysis

globalmasstransit.net

Publication Year: 2017

Mobility Market Data

docs.google.com

Publication Year: 2019

From Part 03

Mobility Market Data

docs.google.com

Publication Year: 2019

From Part 04

united states ride sharing market

docs.google.com

North America Car Sharing Market Report 2018-2024 Forecast Analysis

graphicalresearch.com

Public Transportation

ibisworld.com

IBISWorld - Industry Market Research, Reports, and Statistics

ibisworld.com

Mobility Market Data

docs.google.com

From Part 05

Mobility Market Data

docs.google.com

Where the Ride-Sharing Industry in Asia Is Headed

wsj.com

Publication Year: 2017

Exciting Taxi Trends in 2018 and Beyond - Taxi Pulse

mytaxipulse.com

Publication Year: 2018

Global Taxi Cab Service Market Size, Status and Forecast 2022, Trends, Share, Size Research Report

researchmoz.us

Publication Year: 2017

China Set to Dominate Ride-Share Market

indvstrvs.com

Publication Year: 2018

Where the Ride-Sharing Industry in Asia Is Headed - Google Search

google.com

From Part 06

The global on-demand transportation market size is expected to reach USD 290.3 billion by 2025

prnewswire.com

Publication Year: 2018

Quotes

"Micro mobility provides benefits such as reduced fuel consumption. The segment is projected to register the highest CAGR of 25.5% over the forecast period"

On-Demand Transportation Market Size Worth $304.97 Billion By 2025

crunchbase.com

Publication Year: 2018

Quotes

"On-Demand Transportation Vehicle Type Outlook (Revenue, USD Million, 2015 - 2025) Four Wheeler Micro Mobility"

Micromobility’s 15,000-mile checkup

mckinsey.com

Publication Year: 2018

Quotes

"Our base-case estimate of the shared micromobility market across China, the European Union, and the United States is, thus, $300 billion to $500 billion in 2030. To put that into perspective, it equals about a quarter of our forecasted global shared autonomous-driving market potential of roughly $1,600 billion in 2030."

The future of the micro-mobility industry

venturebeat.com

Publication Year: 2018

Quotes

"In Beijing, Mobike strategically deployed bikes to decrease the number of people living in “transit deserts” (further than 500 meters from a subway station) by 40 percent."

Mobility Market Data

docs.google.com

Publication Year: 2019

From Part 07

Mobility Market Data

docs.google.com

Publication Year: 2019

Taxi & Limousine Services in the US. Industry Market Research Reports, Trends, Statistics, Data, Forecasts

ibisworld.com

Publication Year: 2019

Global Taxi Cab Service Market 2018 Industry Research Report, Key Players, Analysis, Segmentation and Forecast to 2023 Global Internet Security Market 2018 – Industry Research Report, Key Players, Analysis, Segmentation and Forecast to 2023 Global Security Software Services Market 2018-2025 – Industry Research Report, Key Players, Analysis, Segmentation, Forecast Global Airline Reinsurance Market 2018-2025 – Industry Research Report, Key Players, Analysis, Segmentation, Forecast

marketinsights.biz

Publication Year: 2018

Global Taxi Service Industry Statistics, Global Taxi and Limousine Services Growth Analysis, Mobile Based Global Taxi Services Future Outlook - Ken Research

kenresearch.com

Publication Year: 2018

Exciting Taxi Trends in 2018 and Beyond - Taxi Pulse

mytaxipulse.com

Publication Year: 2019

From Part 08

Public Transport Market 2018 Global Trends, Market Share, Industry Size, Growth, Opportunities and Forecast to 2023 - Press Release - Digital Journal

digitaljournal.com

Publication Year: 2018

East Asia and Pacific

blogs.worldbank.org

Publication Year: 2018

Transit And Ground Passenger Transportation Market | Characteristics, Forecast Size, Trends - openPR

openpr.com

Publication Year: 2019

Quotes

"Public transit and ground passenger transportation market size is expected to reach more than $600 billion by 2022, significantly growing at a CAGR of around 6.5% during the forecast period."

60% of Malaysians Use Public Transit

nst.com.my

Publication Year: 2017

Quotes

"Malaysia has nearly achieved the 60 per cent target of people taking the public transportation regularly"

Steady progress is under way in the Philippines’ transport sector

oxfordbusinessgroup.com

Publication Year: 2015

Quotes

"Road transport remains by far the most dominant mode of travel, and, according to the Asian Development Bank (ADB), road transport accounts for 98% of passenger traffic and 58% of cargo traffic."
"A total of P230.4bn ($5.18bn) has been budgeted for transport in 2015. The national road network extends approximately 215,000 km, with 15% of arteries classified as national roads and under the jurisdiction of the DPWH. The remaining 85% are local roads managed by LGUs, which means that only 18% of such roads were paved with asphalt or concrete, according to an ADB report."

Vietnam Public Transit Sector | Edochine Enginerring

indoeng.com

Publication Year: 2017

Quotes

"Vietnam ranked #67 out of 138 countries in the competitive index of transport infrastructures (2015-2016), an improvement from 76th the previous year"
"In 2016, roads represented 94% of transport usage, followed by inland waterways at 4.78%, aviation at 1.07% and railways at 0.27% (General Statistics Office Vietnam). "

Vietnam’s focus on transport infrastructure aims to enhance efficiency of moving goods and travellers

oxfordbusinessgroup.com

Publication Year: 2017

Quotes

"Vietnam's 2030 plan envisions 6.24bn passenger movements annually by 2020, of which 86-90% will be by road, 1-2% by rail, 4.5-7.5% by inland waterways and 1- 1.7% by air."

Public Transport in Thailand

siemens.com

Publication Year: 2017

Quotes

"The World Bank predicts that around 60 percent of Thailand’s population will be living in the urban region in and around the capital by the middle of the century — that’s ten million more people than live there now. The existing public transport network is not equipped to handle this, so plans call for an expansion of the network that will enable 60 percent of the population to use public transport by 2021, as opposed to 40 percent today."

IBISWorld - Industry Market Research, Reports, and Statistics

ibisworld.com

Publication Year: 2018

Quotes

"The Bus Transportation industry in China has been growing at an annualized rate of 10.0% in the five years through 2018. Total revenue is expected to reach $28.1 billion, up 7.8% from 2017"

Seol (South Korea) Public Transit Projections | City Net

citynet-ap.org

Publication Year: 2018

Quotes

"By 2030 in Seol, reduce passenger car travel by 30%, and reduce average commute time using public transit by 30%."

Mobility Market Data

docs.google.com

Publication Year: 2019

From Part 09

Mobility Market Data

docs.google.com

Publication Year: 2019

American Public Transportation Associaton

apta.com

Publication Year: 2018

Quotes

"APTA is the only association in North America that represents all modes of public transportation."
"More than 90 percent of thepeople using public transportation in the United States and Canada ride APTA member systems."

Public Transportation Industry in the US

ibisworld.com

Publication Year: 2018

Quotes

"Over the past five years, the Public Transportation in the US industry has grown by 2.5% to reach revenue of $75bn in 2018. In the same timeframe, the number of businesses has grown by 0.2% and the number of employees has grown by 3.8%."
"The companies holding the largest market share in the Public Transportation in the US industry include The Metropolitan Transportation Authority and Los Angeles County Metropolitan Transportation Authority."

Shared Mobility by Region: South & Latin America

movmi.net

Publication Year: 2018

Quotes

"The revenue generated from ride-hailing in Latin America in 2018 amounts to $518 million (USD) and is expected to grow to $1,017 million (USD) by 2023, which is why the region has become a new commercial hotspot for ridehailing companies, with companies such as Uber, 99, Easy Taxi, Cabify, Beat and Nekso battling it out for the regions number one provider."

Global Mass Transit: BRT systems in Latin America: A comparative analysis

globalmasstransit.net

Publication Year: 2017

Quotes

" TransMilenio has revolutionalised public transport usage in Bogota and accounts for a 75 per cent modal share in the city. Between 2010 and 2015, the system’s annual ridership grew at a compound annual growth rate of 7 per cent, from 463 million (2010) to 660 million (2015)."

Reverse CAGR Calculator : Calculate Future Value

cagrcalculator.net

Quotes

"This was the reverse CAGR calculator used to find one of the derived estimates."

Europe Bus Market By Application (Transit Buses, Motor Coaches & School Buses/Others), By Length, By Seating Capacity, By Fuel Type, By Body Type (Fully Built Vs. Customizable), By Country, Competition Forecast & Opportunities, 2012 – 2022

techsciresearch.com

Publication Year: 2018

From Part 10

North America Ride Hailing Market 2013-2023 By Vehicle Type (Passenger Car & Micro Mobility Vehicle), Internet Connectivity (3G, 4G, 5G & Wi-Fi), Service Type, Vehicle Connectivity & Country - ResearchAndMarkets.com

businesswire.com

Publication Year: 2018

On-demand Transportation Market Worth $305.2 Billion by 2026: Acumen Research and Consulting

globenewswire.com

Publication Year: 2019

Quotes

"The global on-demand transportation market size is anticipated to around USD 305.2 billion by 2026, this market is anticipated to grow with 20.1% CAGR during the forecast time period."
"The trend of micro mobility sharing, for example, bike, e-bicycle, and e-bike sharing is developing quickly in creating nations, for example, China and India."
"The global on-demand transportation market is segmented into service type and vehicle type and region. On the basis of service type, the global on-demand transportation market is segmented into e-hailing, car sharing, car rental, and station-based mobility. "
"On the basis of vehicle type, the global on-demand transportation market is segmented into four wheeler and micro mobility."

Mobility on Demand Market is expected to grow at approximately USD 186 Billion by 2023, at 18% of CAGR between 2018 and 2023

marketwatch.com

Publication Year: 2018

Quotes

" Mobility on Demand Market is expected to grow at approximately USD 186 Billion by 2023, at 18% of CAGR between 2018 and 2023"
"The prominent players in the Mobility on Demand Market are- Uber Technologies Inc. (U.S.), Delphi Automotive Plc (U.K.), Denso Corporation (Japan), Intel Corporation (U.S.), Tomtom NV (Netherlands), Robert Bosch Gmbh (Germany), International Business Machines Corp. (U.S.), Didi Chuxing (China), Gett, Inc. (U.S.), Lyft (U.S.), among others."

North America Ride Hailing Market - Competition Forecast & Opportunities, 2017-2023

prnewswire.com

Publication Year: 2018

On-Demand Transportation Market Size Worth $304.97 Billion By 2025

grandviewresearch.com

Publication Year: 2018

Quotes

"Micro mobility segment is projected to register the highest CAGR of 24.7% over the forecast period"

North America Ride Hailing Market By Vehicle Type (Passenger Car & Micro Mobility Vehicle), By Internet Connectivity (3G, 4G, 5G & Wi-Fi), By Service Type, By Vehicle Connectivity, By Country, Competition Forecast & Opportunities, 2017-2023

techsciresearch.com

Publication Year: 2018

Ready or Not, Here Comes the Micromobility Revolution

citylab.com

Publication Year: 2019

Quotes

"with big players like Uber, Lyft, and Ford on an acquisitions tear, the U.S. micromobility market could be worth $300 billion by 2030, McKinsey estimates."

Latin America’s leading bike- and scooter-sharing companies merge

intelligenttransport.com

Publication Year: 2019

Micro-Mobility Market Potential Widens

semiengineering.com

Publication Year: 2018

Quotes

"McKinsey and Co. forecasts the worldwide micromobility market could be worth $300 billion to $500 billion by 2030, with the U.S. accounting for 60% or more of the market."

Micromobility’s 15,000-mile checkup

mckinsey.com

Publication Year: 2019

Quotes

"We modeled the baseline shared micromobility market and created a forecast, which revealed a 2030 market potential of roughly $200 billion to $300 billion in the United States, $100 billion to $150 billion in Europe, and $30 billion to $50 billion in China. "
"The main differences across regions stem from unique pricing-per-kilometer strategies when comparing today's micromobility businesses. For instance, EU pricing is about half that in the United States, while China’s is only roughly 20 percent of US pricing. In the future, such differences might shrink as pricing in some regions, such as China, increases."

Urban Mobility redefined:The mobility landscape today and a view towards the horizon

wocomoco.org

Publication Year: 2017

Study: European micromobility market worth $150 billion

eenewsautomotive.com

Publication Year: 2019

Global On-Demand Transportation Market 2015-2018 & 2025 - Market Size is Expected to Surpass $300 Billion

globenewswire.com

Publication Year: 2018

The ride sharing market is estimated to be USD 61.3 billion in 2018 and is projected to reach USD 218.0 billion by 2025, at a CAGR of 19.87%

prnewswire.com

Publication Year: 2019

Investors are Betting on E-Scooters and Micromobilty in the RideShare Economy

financial-news-now.com

Publication Year: 2019

Mobility Market Data

docs.google.com

From Part 11

Car Rentals - East Asia | Statista Market Forecast

statista.com

Publication Year: 2018

Car Rentals - Southeast Asia | Statista Market Forecast

statista.com

Publication Year: 2019

Car Rentals in Southeast Asia: Where Is It Possible?

xyzasia.com

Publication Year: 2018

Car Rental Market Report Puts Limelight on Growth, Opportunities, Drivers and Industry-Specific Challenges From 2018 to 2025: Radiant Insights, Inc.

prnewswire.com

Publication Year: 2018

Car Rental Market by Type of Car (Luxury Car, Executive Car, Economical Car, Sports Utility Vehicle (SUV), and Multi Utility Vehicle (MUV)) and Rental Category (On Airport and Off Airport (Local Usage, Outstation)) - Global Opportunity Analysis and Industry Forecast, 2014 - 2022

alliedmarketresearch.com

Publication Year: 2017

Car Rental Business Market 2018 Global Analysis,Opportunities and Forecasts To 2023

marketwatch.com

Publication Year: 2018

Car Rental Market: Global Analysis, Trends, Size, Share, Growth, Forecast 2024

transparencymarketresearch.com

Publication Year: 2017

Global Car Rental Market 2012-2018 & 2022 Featuring Hertz, Enterprise, Avis Budget Group, Europcar, Sixt A.G., China Auto Rental, eHi Car Services, Uber Technologies

prnewswire.com

Publication Year: 2018

Assessment of Thailand Auto Leasing and Car Rental Market

store.frost.com

Publication Year: 2018

Car Rental Industry Overview, Statistics, Challenges, Share 2018 Global Market Analysis By Size, Segmentation, Key Country And Regional Forecast To 2023

marketwatch.com

Publication Year: 2018

Bloomberg - Are you a robot?

bloomberg.com

Publication Year: 2018

From Part 12

Worldwide Trends in Car Rental Industry Worth Over $124.56 Billion by 2022: ZMR Report

globenewswire.com

Publication Year: 2018

Quotes

"According to the report, the global car rental market was valued at approximately USD 58.26 billion in 2016 and is expected to reach approximately USD 124.56 billion by 2022, growing at a CAGR of around 13.55% between 2017 and 2022."

Car Rental Market- Global Industry Analysis, Size and Forecast, 2015 to 2025

futuremarketinsights.com

Quotes

"Geographically, the global car rental market is segmented into seven regions: North America, Western Europe, Asia Pacific Excluding Japan, Latin America, the Middle East and Africa and Latin America; of these, the most prominent regional markets are North America and Europe, which together constituted around 62.4% share of the overall market in 2014."

Global Car Rental Market is set to Expand at a CAGR of 14.40% by 2024 - TMR

transparencymarketresearch.com

Publication Year: 2018

Quotes

"The competitive landscape of the global car rental market is fairly consolidated as the leading five players accounted for a massive share of upward of 75.0% in 2015, finds Transparency Market Research (TMR). "

Europe Vehicle Rental Market | Growth, Trends and Forecasts (2018-2023)

mordorintelligence.com

Publication Year: 2018

Quotes

"In light of the strong competitive scenario in Europe, the vehicle rental market is expected to register a CAGR of around 6%, during the forecast period (2018 – 2023). The market accounted for USD 15 billion in 2017."

US Vehicle Rental Market | Analysis | Growth | Outlook (2017-2022)

mordorintelligence.com

Publication Year: 2017

Quotes

"In US, more than 2.10 million vehicles are engaged in the car rental market, which generates revenue worth more than $27 billion in the country. Air travelers alone contribute to more than 38% of the total share in the US car rental market."

Europe Vehicle Rental Market - Size, Outlook, Trends and Forecasts

envisioninteligence.com

Publication Year: 2018

Quotes

"Europe Vehicle Rental Market is valued at $81.79 billion in 2018 and estimated to reach a value of $157.89 billion in 2024 at CAGR of 16.63%."

European Car Rental Market - Overview and Structural Perspectives - Nedrelid Corporate Advisory

nedrelid-ca.com

Publication Year: 2019

Quotes

"In the United States, car rental is now effectively an oligopoly with 3 groups controlling approximately 95% of the overall market. In Europe, the situation is different with a more fragmented market where the top 5 control around 65% of the total market, the rest being in the hands of independent players."

Global Car Rental Industry: Market Share, Trends, Y-O-Y Growth Rate, Insights, Demand Analysis, Forecast 2016-2024 - Press Release - Digital Journal

digitaljournal.com

Quotes

"Global car rental industry is largely driven by North America with a revenue share of 40% in 2016, followed by the Asia Pacific car rental market which is growing at a CAGR of 6.2% during the forecast period. "

Booming demand fuels worldwide car rental market

globalfleet.com

Quotes

"Although the North American market has outpaced all others, together North America and Western Europe account for an estimated 57.16% revenue share of the global car rental services market but Asia Pacific, excluding Japan, will see the biggest GAGR at 9.1% until 2027."

Global Car Rental Market Set For Rapid Growth to Reach Around USD 124.56 Billion by 2022

zionmarketresearch.com

Quotes

"North America is expected to remain the market leader over the forecast period and accounted for 44.60% share of the global market revenue in 2016."

Car Rental in the US | Market Research Report | Euromonitor

euromonitor.com

Quotes

"The competitive landscape for car rental in the US is highly consolidated; three players – Enterprise Holdings, Hertz Corp and Avis Budget Group, each of which owns multiple brands – accounted for 94% of the car rental sales in the US in 2017. "
"Both leisure and business car rentals are expected to grow over the 2017-2022 forecast period; increasing at a CAGR of 3% at constant 2017 prices, the former will outpace the latter to reach USD13.1 billion in value sales. Business car rentals will register a constant value CAGR of 2% through 2022 and see value sales total USD10.3 billion by that year. "

Presenting The Top 150 Global Companies In Market Research! Kinda…

greenbookblog.org

Publication Year: 2017

Car Rentals - Europe | Statista Market Forecast

statista.com

Quotes

"Revenue in the Car Rentals segment amounts to US$6,809m in 2019."

Eurocar Revenues

investors.europcar-group.com

European Car Rental

nedrelid-ca.com

Publication Year: 2016

Quotes

"According to Europcar the European car rental sector is worth approximately EUR 12 billion4, which is more or less in line with the USD 13 billion advanced by Hertz5. "
" The European market is approximately half the size of the US market and top five countries (France, Germany, the United Kingdom, Spain and Italy) represent roughly 70% of the total market."

Hertz Annual Report 2018

app.quotemedia.com

Quotes

"The U.S. represents approximately $30 billion in estimated annual industry revenues for 2018"
"Europe represents approximately $18 billion in annual industry revenues."
"The Latin America markets represent approximately $4 billion in annual industry revenues."

GDP Share Calcs

docs.google.com

CAGR Calculator (Compound Annual Growth Rate)

omnicalculator.com

GDP (current US$) | Data

data.worldbank.org

Mobility Market Data

docs.google.com

From Part 13

Mobility Market Data

docs.google.com

APAC Car Sharing Market Value - Industry Share Report 2018-2024

graphicalresearch.com

Publication Year: 2018

Quotes

"Some of the major players in the Asia Pacific car sharing market include Zipcar, Car2Go, CarShare Australia, Hertz Corporation, and Locomute."

Carsharing is growing rapidly: car2go celebrates over three million members

car2go.com

Publication Year: 2018

Quotes

" “We achieved strong 30 percent year over year membership growth in 2017 and there is still huge potential for further growth. Studies project that the number of people who carshare will increase fivefold over the next few years, That car2go is the first carsharing provider to break the three million member mark is no coincidence: our app was just rated best of 2017 by TIME Magazine, our extremely fast, flexible rental process and the premium smart and Mercedes-Benz cars we offer. car2go, is pushing carsharing to a completely new level and we remain committed as ever to improving urban quality of life through mobility.”"

Carsharing Market Analysis: Growth and Industry Analysis

movmi.net

Publication Year: 2018

Quotes

"It was founded in 2008 and currently offers service in 26 cities, the majority in North America (42%) and Europe (54%) and 1 city in China (4%)"

Annual report of Daimler

daimler.com

Publication Year: 2018

Apac Countries 2019

worldpopulationreview.com

Quotes

"Generally, though, it is a term used to describe countries throughout East and South Asia, Southeast Asia and Oceania."

Southeast Asian Countries - NIU - Center for Southeast Asian Studies

niu.edu

Which Countries Are Part of East Asia?

worldatlas.com

Publication Year: 2018

Hertz $8.8 Billion Annual Revenues Flat

autorentalnews.com

Publication Year: 2018

Zipcar Overview

www2.zipcar.com

From Part 14

Mobility Market Data Spreadsheet

docs.google.com

Publication Year: 2019

North America Car Sharing Market Report 2018-2024 Forecast Analysis

graphicalresearch.com

Publication Year: 2018

At 35.1% CAGR, North America Vehicle Sharing Market to hit $4.8 bn by 2024

marketwatch.com

Publication Year: 2019

Europe Car Sharing Market Statistics - Forecast Analysis Report 2024

graphicalresearch.com

Publication Year: 2018

Reverse CAGR Calculator : Calculate Future Value

cagrcalculator.net

Publication Year: 2019

Shared Mobility by Region: South & Latin America

movmi.net

Publication Year: 2019

Car Sharing Market worth over $11bn by 2024

gminsights.com

Publication Year: 2018

CARSHARING/ LATIN AMERICA :.

youthxchange.net

Publication Year: 2017

Regional car sharing Awto hits South America

globalfleet.com

Publication Year: 2019

Car Sharing Report

wri.org

Publication Year: 2018

Worldwide - car sharing market by region 2021 | Statistic

statista.com

Publication Year: 2018

Car Sharing Market Trends - Global 2018-2024 Industry Size Report

gminsights.com

Publication Year: 2017

From Part 15

SEA: ride hailing market value 2015-2025 | Statistic

statista.com

Publication Year: 2019

Ride Hailing - East Asia | Statista Market Forecast

statista.com

Publication Year: 2019

Statista screen shot for Sth E Asia and East Asia

docs.google.com

Publication Year: 2019

Mobility Market Data

docs.google.com

Publication Year: 2019

From Part 16

Cracks in the ridesharing market--and how to fill them

mckinsey.com

Publication Year: 2017

How shared mobility will change the automotive industry

mckinsey.com

Publication Year: 2018

Mobility Market Data

docs.google.com

Publication Year: 2019

Latin America is the next stage in the race for dominance in the ride-hailing market

social.techcrunch.com

Publication Year: 2018

Lyft has eaten into Uber’s U.S. market share, new data suggests

recode.net

Publication Year: 2018

mexico ride sharing market

docs.google.com

Publication Year: 2019

canada ride sharing market

docs.google.com

Publication Year: 2019

latin ride sharing market

docs.google.com

Publication Year: 2019

europe ride sharing market

docs.google.com

Publication Year: 2019

united states ride sharing market

docs.google.com

Publication Year: 2019

From Part 17

IBISWorld - Industry Market Research, Reports, and Statistics

ibisworld.com

Publication Year: 2019

Ride-hailing industry expected to grow eightfold to $285 billion by 2030

marketwatch.com

Publication Year: 2017

CAGR - Learn How to Calculate Compound Annual Growth Rate

corporatefinanceinstitute.com

Mobility Market Data

docs.google.com

From Part 18

Transit And Ground Passenger Transportation Market | Characteristics, Forecast Size, Trends - openPR

openpr.com

Publication Year: 2019

Mobility Market Data

docs.google.com

Publication Year: 2019

Reverse CAGR Calculator : Calculate Future Value

cagrcalculator.net

Current Global Market Size, Public Transit

askwonder.com

Publication Year: 2019

Transit and Ground Passenger Transportation (Public Transport) Global Market Briefing 2018

researchandmarkets.com

Publication Year: 2018

Transit And Ground Passenger Transportation Global Market Report 2019 Shared Mobility Market , PHEV , BEV ) – Global Indust ... € 5082 January 2019 Monorail System Market - Global Industry Analysis, Size ... € 5082 January 2019 Ride sharing Market - Global Industry Analysis, Size, S ... € 5082 October 2018 Public Transport Smart Card Market - Global Industry A ... € 5082 January 2018 In-flight Entertainment Market - Global Industry Analy ... € 5082 October 2017 Railway Management System Market by Solution, Service A ... € 5045 July 2018 Autonomous Train Market by Level of Automation, Technol ... € 5045 May 2018 Electric Traction Motor Market by Type, Power Rating, A ... € 5045 May 2018 Bullet Train/High-Speed Rail Market by Speed in Km/H, T ... € 5045 March 2018

reportlinker.com

Publication Year: 2019

Global Transit and Ground Passenger Transportation (Public Transport) Market 2018 - ResearchAndMarkets.com

businesswire.com

Publication Year: 2018

Forbes Search

forbes.com

Bloomberg - Are you a robot?

bloomberg.com

From Part 19

Mobility Market Data

docs.google.com

Publication Year: 2019

On-Demand Transportation Market Size, Share & Trends Analysis Report By Service Type (E-Hailing, Car Rental, Car Sharing), By Vehicle Type (Four Wheeler, Micro Mobility), And Segment Forecasts, 2018 - 2025

researchandmarkets.com

Publication Year: 2018

Quotes

"Micro mobility segment is projected to register the highest CAGR of 24.7% over the forecast period (2018-2025)."

How Shared Cars, Bikes, & Scooters Are Reshaping Transportation And Cannibalizing Car Ownership

cbinsights.com

Publication Year: 2018

Micromobility’s 15,000-mile checkup

mckinsey.com

Publication Year: 2019

Mobility on Demand Market Share - MOD Industry Size Report 2024 - Industry Coverage

gminsights.com

Publication Year: 2018

From Part 20

Mobility Market Data

docs.google.com

Publication Year: 2019

Global Car Rental Market Analysis, Trends, Market Size and Forecasts 2016-2024 - ResearchAndMarkets.com

businesswire.com

Publication Year: 2018

Quotes

"The report predicts the global car rental market to grow with a CAGR of 10.9% over the forecast period of 2018-2024."

Current Global Market Size, Car Rental

askwonder.com

Publication Year: 2019

Quotes

"The current global market size for car rental is $85.30 billion."

Worldwide Trends in Car Rental Industry Worth Over $124.56 Billion by 2022: ZMR Report

globenewswire.com

Publication Year: 2018

Quotes

"According to the report, the study concludes that the global car rental industry trends is expected to grow at a CAGR of 13.55% between 2017 and 2022. The market revenue of $58.26 billion in 2016 is expected to grow up to $124.56 Billion by 2022. The major driving factor for car rental market is growth in the international tourism which in turn supports the demand for car rental services."

Reverse CAGR Calculator : Calculate Future Value

cagrcalculator.net

Publication Year: 2019

From Part 21

Carsharing Market Size, Share | Industry Analysis Report, 2025

psmarketresearch.com

Publication Year: 2018

Mobility Market Data

docs.google.com

Publication Year: 2019

Understanding the Compound Annual Growth Rate

investopedia.com

From Part 22

$218 Billion Ride Sharing Market - Global Forecast to 2025

globenewswire.com

Publication Year: 2019

Quotes

"The ride sharing market is estimated to be USD 61.3 billion in 2018 and is projected to reach USD 218.0 billion by 2025, at a CAGR of 19.87%. "

Ride Sharing Market by Type, Car Sharing, Service, Micro-Mobility, Vehicle Type, and Region- 2025| MarketsandMarkets

marketsandmarkets.com

Publication Year: 2018

Quotes

"The ride sharing market is projected to grow at a CAGR of 19.87% from 2018 to 2025, to reach a market size of USD 218.0 billion by 2025 from USD 61.3 billion in 2018."

Global Ride Sharing Market, 2025 by Type (E-hailing, Station-Based, Car Sharing & Rental), Car Sharing (P2P, Corporate), Service (Navigation, Payment, Information), Micro-Mobility (Bicycle, Scooter) - ResearchAndMarkets.com

businesswire.com

Publication Year: 2019

Quotes

"The ride sharing market is estimated to be USD 61.3 billion in 2018 and is projected to reach USD 218.0 billion by 2025, at a CAGR of 19.87%."

Ride Sharing Market Worth $218.0 Billion by 2025 - Exclusive Report by MarketsandMarkets™

prnewswire.com

Publication Year: 2018

Quotes

"the market is estimated to be USD 61.3 billion in 2018 and is projected to reach USD 218.0 billion by 2025, at a CAGR of 19.87%. The market is primarily driven by rising urbanization and declining car ownership."

Mobility Market Data spreadsheet

docs.google.com

Publication Year: 2019

From Part 23

Exciting Taxi Trends in 2018 and Beyond - Taxi Pulse

mytaxipulse.com

Publication Year: 2018

Quotes

"Goldman Sachs estimates the worldwide taxi market to be worth $108 billion, out of which $36 billion is from the ride-hailing businesses like Uber and Lyft. They expect the revenues from taxi hailing business to swell to $285 billion in a matter of just 12 years by 2030."

Ride-hailing industry expected to grow eightfold to $285 billion by 2030

marketwatch.com

Publication Year: 2017

Quotes

"global taxi market is worth $108 billion, which is triple the size of the $36-billion ride-hailing market. At the same time, they calculate an average of 15 million ride-hailing trips a day globally, which they expect to increase to 97 million by 2030."

Mobility Market Data

docs.google.com

Publication Year: 2019

SpotnRides - Premium Uber Clone Solution in the Worldwide Taxi Market in 2018 - IssueWire

issuewire.com

Publication Year: 2018

Connected Car Market - Size, Trends, Industry Analysis, 2023

psmarketresearch.com

Publication Year: 2018

From Part 24

Mobility Market Data

docs.google.com

Publication Year: 2019

Transit And Ground Passenger Transportation Market | Characteristics, Forecast Size, Trends

openpr.com

Publication Year: 2019

Transit And Ground Passenger Transportation Global Market Report 2019

giiresearch.com

Publication Year: 2019

Transit And Ground Passenger Transportation Global Market Report 2019

reportbuyer.com

Publication Year: 2019

CAGR Calculator (Compound Annual Growth Rate)

omnicalculator.com

Publication Year: 2019

Public Transit

thefreedictionary.com

Publication Year: 2019

Transit And Ground Passenger Transportation Global Market Report 2019 - The Business Research Company

docs.google.com

Publication Year: 2019

From Part 25

Mobility Market Data

docs.google.com

Investors are Betting on E-Scooters and Micromobilty in the RideShare Economy

financial-news-now.com

Publication Year: 2019

Quotes

"Micromobility’s addressable market in the US is valued as high as $1.4 trillion annually.[1] This may appear like an astronomically high number, but it seems completely reasonable when you consider that almost half of all vehicle trips in the United States are under three miles.[2]"

Micromobility’s 15,000-mile checkup

mckinsey.com

Publication Year: 2019

Quotes

"Micromobility could theoretically encompass all passenger trips of less than 8 kilometers (5 miles), which account for as much as 50 to 60 percent of today's total passenger miles traveled in China, the European Union, and the United States. "
"We modeled the baseline shared micromobility market and created a forecast, which revealed a 2030 market potential of roughly $200 billion to $300 billion in the United States, $100 billion to $150 billion in Europe, and $30 billion to $50 billion in China. "

On-Demand Transportation Market Size, Share & Trends Analysis Report By Service Type (E-Hailing, Car Rental, Car Sharing), By Vehicle Type (Four Wheeler, Micro Mobility), And Segment Forecasts, 2018 - 2025

researchandmarkets.com

Publication Year: 2018

Quotes

"The trend of micro mobility sharing such as two-wheeler, e-bike, and e-scooter sharing is growing rapidly in developing countries such as China and India. Several new companies are entering the on-demand transportation market by providing smartphone-based car booking services. However, global players such as BMW Group, Daimler AG, Uber Technologies, and OLA dominate the market."
"Micro mobility segment is projected to register the highest CAGR of 24.7% over the forecast period."

Micro-mobility: the next wave of urban transportation in India

yourstory.com

Publication Year: 2019

Quotes

"In the US, mini-scooters are the most popular choice of commute, with Lime ($754 million) and Bird ($418 million) being market leaders. Uber has also made its presence felt by acquiring JUMP Bikes ($19.5 million) and tying up with Lime to make it available on its app."

Why Will Micro Mobility Industry Make the Future?

medium.com

Publication Year: 2017

Quotes

"Micro mobility vehicles industry is developing at a fast pace — Frost & Sullivan expects over 150 micro mobility models to be launched by 2020. IDTechEx analysts forecast that micro EVs and personal transportation devices market will reach over $33 billion by 2026."
"In 2013 the global micro EV’s market was expected to grow at a CAGR of 14.91% in 2013–2018, but already in 2016 Wise Guy Consultants’ analysts expected 17.26% growth during the next 4 years."

On-demand Transportation Market Worth $305.2 Billion by 2026: Acumen Research and Consulting

globenewswire.com

Publication Year: 2019

Quotes

"Micro mobility provides benefits such as reduced fuel consumption. The segment is projected to register the highest CAGR of 25.5% over the forecast period"

From Part 26

Mobility Market Data

docs.google.com

Publication Year: 2019

With 13.55% CAGR, Global Car Rental Market Share Projected to Reach USD 124.56 Billion by 2022: Zion Market Research

globenewswire.com

Publication Year: 2018

Quotes

"According to the report, the global car rental market was valued at approximately USD 58.26 billion in 2016 and is expected to reach approximately USD 124.56 billion by 2022, growing at a CAGR of around 13.55%"
"Key industry participants include Avis Budget Group, Inc, Sixt Rent-A-Car, Enterprise Rent-A-Car, The Hertz Corporation"

Car Rental Market High Survival Rate: USD 124.56 Billion, Globally by 2022 - Press Release - Digital Journal

digitaljournal.com

Publication Year: 2018

Quotes

"According to the report, the global car rental market was valued at approximately USD 58.26 billion in 2016 and is expected to reach approximately USD 124.56 billion by 2022, growing at a CAGR of around 13.55% between 2017 and 2022."

From Part 27

Carsharing Market Size, Share | Industry Analysis Report, 2025

psmarketresearch.com

Publication Year: 2019

Quotes

"The global carsharing market is estimated to value $5,571.2 million in 2018 and is expected to advance at a CAGR of 11.0% during the forecast period."