Carpooling Market: Key Success Factors, Growth Trends & Forecast 2021-2026

November 25, 2021

The Carpooling Market study By Type (Online Carpooling Platforms, App-based Carpooling), Application (Businesses, Individuals, Schools, Others), and Region; offered by Stratview Research discusses the most up-to-date market trends as well as an industry growth estimate for the next 5 years. The report covers industry profiles of key players, including market share, regional analysis, and market division, business & development strategies, mergers & acquisitions, alliances, and key financial data, etc.

The information provided in this report is acquired from several well-grounded primary and secondary sources, such as, white papers, press releases, news, interviews with key players, revenue data sheets, etc.

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Market Insights

According to the report The Global Carpooling Market is expected to grow from USD 16.1 billion in 2020 to USD 53.1 billion by 2026 at a CAGR of over 22.3% during the forecast period.

 

Market Segments' Analysis

Application Trends

The business segment accounted for the largest market share in 2020

Based on application, the market has been segmented into businesses, individuals, schools, and others.

The business segment accounted for the largest market share owing to an increase in a number of companies providing mobility services.

Regional Trends

Geographically, the market in North America accounted for the largest market share in 2020 due to the increasing number of automobile manufacturers venturing into mobility services.

• Additionally, increasing government regulations aimed at curbing carbon emissions is likely to fuel the product demand.
• The market growth in Asia-Pacific is likely to register considerable CAGR on account of the rise in several companies providing mobility services.

 

Key Players

The following are the key players in the Carpooling Market-

 

• Didi Chuxing Technology Co. (China),
• Dida Chuxing (China),
• Via Transportation, Inc. (The U.S.),
• Waze Carpool (The U.S.),
• Scoop Technologies Pvt Ltd (India),
• Carma Technology Corporation (The U.S.),
• Zimride (The U.S.),
• Lyft Inc. (The U.S.),
• Uber Technologies, Inc. (The U.S.),
• Ola Cabs (India),
• Quick Ride (India),
• BlaBlaCar (France),
• Wingly (France), and
• Liftshare (UK).

 

Research Methodology

This market report from Stratview Research provides a thorough analysis that reflects present and future market possibilities for the forecast period of 2021 to 2026. This market report is compiled through several authenticated secondary sources, such as company’s annual reports, press releases, white papers, articles, etc. Also, the market experts have performed several interviews with the industry stakeholders in order to collect reliable and insightful information.

Custom Research:

Stratview research delivers custom research services across the sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to sales@stratviewresearch.com

 

Critical Questions Answered in the Report

• What are the key trends in the Carpooling Market?
• How has the market (and its various sub-segments) grown in the last five years?
• What would be the growth rate in next five years?
• What is the impact of COVID-19 on the market?
• What are the key strategies adopted by the major vendors to lead in the Carpooling Market?
• What is the market share of the top vendors?

 

About Us

Stratview Research is a global market research firm helping its users tract the ever-evolving market scenarios through its top-notch market reports. It offers the most granular market segmentation across all the industries. Connect with Stratview Research, for any queries at –

E-mail: sales@stratviewresearch.com Direct: +1-313-307-4176

 

Author : Harshad