Software-defined Vehicle Market worth USD 419.7 billion by 2028
The software-defined vehicle market is projected to grow from USD 270.9 billion in 2023 to USD 419.7 billion by 2028, registering a CAGR of 9.1% during the forecast period. The market growth is attributed to the continued development of connected vehicles and the introduction of 5G cellular connectivity projects. Furthermore, the emergence of ride-hailing and mobility-as-a-service platforms is expected...
Ride Sharing Market Size, Share, Growth and Forecast 2026
The global ride sharing market was valued at USD 85.8 billion in 2021 and is expected to reach USD 185.1 billion by 2026, at a CAGR of 16.6% during the forecast period 2021-2026. The ride sharing market has gained popularity over the past few years because companies are trying to make transportation more reliable, convenient, enjoyable, and safe. The prime purpose of such transportation is to reduce...
Robotaxi Market Size, Share, Analysis & Report 2030
The global robotaxi market, size was valued at USD 0.4 billion in 2023 and is expected to reach USD 45.7 billion by 2030, at a CAGR of 91.8% from 2023 to 2030. The growing need for convenient and secure transportation is the main factor propelling the market for robotaxis. People are increasingly looking for less stressful and more convenient alternatives to driving oneself about. Additionally,...
Mobility as a Service Market Projected to Reach $70.4 Billion by 2030, at a CAGR of 31.1%.
The report “Mobility as a Service Market by Service (Ride Hailing, Car Sharing, Micro Mobility, Bus Sharing, Train), Solution, Application, Transportation, Vehicle Type, Operating System, Business Model and Region – Global Forecast to 2030″, The global mobility as a service market size is projected to reach USD 70.4 billion by 2030, from an estimated USD 4.7 billion in 2020, at...
Ride-Sharing: Technological Revolution Fueling Market Growth
The global Ride Sharing Market is projected to grow at a CAGR of 16.6% during the forecast period, from an estimated USD 85.8 billion in 2021 to USD 185.1 billion by 2026.
An increase in urbanization, internet and smartphone penetration and increase in the cost of vehicle ownership are the major factors driving the growth of the ride sharing market.
Top Players: Uber, Lyft, DiDi Chuxing, Grab,...
Mobility as a Service Market Global Outlook by 2030
The Mobility as a Service (Maas) Market is projected to grow at a CAGR of 31.7% from 2020 to 2030, and the market size is expected to grow from USD 6.8 billion in 2020 to USD 106.8 billion by 2030. MaaS offers efficient solutions to move traffic in a more convenient, faster, and less expensive manner. Also, the growth of the telecom sector, widespread penetration of smartphones on 3G, 4G, and upcoming...