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Global Car Sharing Market – Analysis and Forecast (2021-2027)

The COVID-19 outbreak has changed the consumer attitude, purchasing habits, and demand towards car sharing, resulting in reduced demand for car sharing. The COVID-19 has disrupted the car-sharing network market as various countries are facing cash flow problems and low liquidity.

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Global Car Sharing Market – Analysis and Forecast (2021-2027)

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  1. Global Car Sharing Market

  2. About VynZ Research… • VynZ Research is a global market research firm offering research, analytics, and consulting services on business strategies. We have a recognized trajectory record and our research database is used by many renowned companies and institutions in the world to strategize and revolutionize business opportunities. The company focuses on providing valuable insights on various technology verticals such as Chemicals, Automotive, Transportation, Energy, Consumer Durables, Healthcare, ICT and other emerging technologies. • VynZ Research has one of the most qualified & experienced analysts, who are constantly tracking the markets and the technologies. The research team has years of proven experience and wide knowledge & understanding of the technology, application, business models, and regulators of the segments and the value chain involved. • A trusted & proven methodology that involves highest quality of primary research, secondary analysis collated & verified through various sources including cross checking with different industry experts. • Serving wide range of customers most of them from Fortune 2000 companies • With a dedicated 24x7 customer helpline our customers can reach for specifying their needs • Developing long term relationship with the clients and satisfying them is one of the crucial notches of the company. VynZ Research aims at gaining and retaining its clients in order to make long term customer relationship.

  3. Global Car Sharing Market The global car-sharing market is anticipated to grow from USD 1.92 billion in 2020 to USD 6.2 billion by 2027, thus growing at a CAGR of 20% during the forecast period 2021-2027. Car sharing refers to the practice of sharing a car for regular traveling or commuting. Its market is gaining importance among consumers owing to its flexibility of cars, easy accessibility, and comfortable rides. It is gaining importance in urban areas too due to the reduced transportation costs for a large proportion of the population in urban areas. The growing environmental concerns, strict government regulations regarding the emission, crowded public transport facilities along with traffic congestion in urban cities, decreases personal vehicle ownership, reduction in traveling cost, monetary benefits for vehicle owners, and rising demand for cost-effective and convenient mobility services assisted with advanced technologies are the primary growth drivers for the car-sharing market.

  4. Global Smart Parking Systems Market The industry players in the global car-sharing market are leveraging market growth by launching new products to provide urban mobility solutions. Globally, the manufacturing companies that are trying to enter the car-sharing market have to follow stringent regulatory standards. Thus, providing an edge to the established players in the industry. Geographically, Asia-Pacific is anticipated to witness significant growth in the car-sharing market owing to the over congestion in public transport facilities, rising population base, shortage of parking space, and rise in pollution levels.

  5. Global Smart Parking Systems Market Daimler AG partnered with BMW to provide car-sharing services under a new brand, ShareNow. The companies together invested over USD 1.1 billion in the development and marketing of their car-sharing services that primarily operate in Europe. Autolib, Hertz Corporation, Car2Go Ltd., Getaround, Inc, Mobility carsharing, Turo Inc., Daimer AG, EkarFz LLC, and Orix Corporation are the key players in the car sharing market.

  6. For Sample Report :- https://www.vynzresearch.com/automotive-transportation/car-sharing-market/request-sample www.vynzresearch.com

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