Passenger Cars Shared Mobility Market Growth: Forecasted to Reach {10.7%} CAGR
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- Location: Cologne
The global passenger cars shared mobility market stood at USD 93 billion in 2022 and is poised for robust expansion, with a projected compound annual growth rate (CAGR) of 10.7% during the forecast period from 2024 to 2028, according to TechSci Research. This growth reflects a significant shift in urban transportation paradigms, driven by a blend of technological innovation, environmental awareness, and evolving consumer behavior.
Shared mobility, which offers access to vehicles on-demand through digital platforms, is increasingly displacing traditional car ownership, especially in metropolitan regions where congestion, parking shortages, and pollution present growing challenges.
cLiCk tHe bElOw lInK To dOwNlOaD ThE FrEe sAmPlE RePoRt fOr iNsIgHtS.
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