India Development News & Foreign Investment Opportunities

Shared Mobility Market CAGR at 9.7% till 2025

Ola leads the market

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Ola leads the market

 

Uber

 

The Indian Shared Mobility Market comprises more than 2 million vehicles and is expected to grow at a CAGR of 9.7% until 2025, said the ResearchAndMarkets on 8 Oct 2019.

Ola is the market leader, as it offers a wide range of services.

Uber is the second-largest player offering services similar to that of Ola. However, the company has a smaller geographical footprint than Ola.

Ridesharing and car, and two-wheeler sharing business models are expected to expand quickly because of the favorable demographic environment.

The aim of this study is to evaluate the shared mobility market in India and differentiate the various business models available.

The study focuses on investment, growth opportunities, and partnerships within the automotive industry.

It also analyses the strategies of the main shared mobility companies in India.

The total shared mobility fleet in India is expected to reach 4.7 million units by 2025. fiinews.com

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