Market: Today

$2.5BN (2019) vs $9BN (2026)

Market Share of CarSharing Business 2019

0%
Station Bass
0%
Free Floating
0%
Peer - to - peer

movmi.net/carsharing-market-growth-2019/

GROWTH UP YOUR BUSINESS

> P2P has a low share due mainly to insurance related issues, particularly in countries with log regulatory status
> P2P fleet grew 80% and memberships doubled between 2016 – 2017, showing growth opportunities.

CarSharing Market Trends (North America)

> CarSharing services have shown a continuous growth, both in fleet and membership, in North America for the past 14 years.
Shaheen 2018 Spring Carsharing Outlook
MARKET
TODAY

MARKET: TOmorrow

$2.5bn (2019) Vs $9bn (2026)
> Most consulting agencies (Frost & Sullivan, McKinsey, and GMI) place CAGR of around 20% for CarSharing.
> Consulting firms (GMI, Frost & Sullivan, Report Buyer or McKinsey) all predict market growth for 2025. Estimates show memberships growing 5x, having a total of around 36 million people subscribed to at least one service
> More than 1.000 cities have added CarSharing services in the last 3 years, increasing services by 47%.
> Growth in recent years in the US is due to incentives from the U.S. government, and more incentives are expected in the coming years (Tax credits in Washington state, special programs that increase co-location between transit hubs and carsharing locations (California) or partnerships between public transit operators and carsharing providers (Oregon), and in particular special carsharing parking permits (several states).
Let us 
Create
 the future

MARKET NEEDS

In a market with such growth expectations, why is the P2P format so unpopular?

INSURANCE

In most cases, it’s insurance related issues (mostly in terms of regulations)

RELIABLE SERVICE

Providing a predictable and reliable service is hard when you have a fleet so diverse

ACCIDENTS

Users are also afraid to possible accidents.

PARKING

There are little to no regulations aimed to help hosts and guests locate reliable parking, a clear deterrent to participation.

BUSINESS

t’s complicated to coordinate with the owner/guest. Users expressed annoyance trying to get the key

COVID-19

Current situation (COVID-19) urges us to have more options for transportation
Please set Google maps API key before using this widget.

Start typing and press Enter to search

Shopping Cart

No products in the basket.