/PRNewswire/ The "The Carsharing Telematics Market - 5th Edition" report has been added to ResearchAndMarkets.com s offering. This report estimates that.
Carsharing on the rise - IT-Online it-online.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from it-online.co.za Daily Mail and Mail on Sunday newspapers.
Share this article
Share this article
ResearchAndMarkets.com s offering.
What are the latest developments on the carsharing market?
The analyst estimates that carsharing membership will grow at a CAGR of 21.5 percent from 71.9 million at the end of 2020 to 190.3 million by 2025.
This report explains all segments including station-based and free floating public carsharing as well as corporate carsharing. Get up to date with the latest information about carsharing organisations, vendors, products and markets.
The carsharing market is currently in a phase of growth which is expected to continue in the coming years. The market has managed to grow despite the impact of the COVID-19 pandemic. The analyst estimates that the total number of carsharing members worldwide reached 71.9 million at the end of 2020.
Apr 26, 2021
According to a new research report by IoT analyst firm Berg Insight, the number of users of carsharing services worldwide is forecasted to grow from 71,9-million people in 2020 at a compound annual growth rate (CAGR) of 21,5% to reach 190,3-million people in 2025.
Berg Insight forecasts that the number of vehicles used for carsharing services will grow at a CAGR of 16% from 463 000 at the end of 2020 to 971 000 at the end of 2025.
The carsharing fleet grew 10% worldwide in 2020 despite the Covid-19 pandemic but the performance varied on regional level.
“Several carsharing operators’ expansion plans were put on hold during 2020 but are now continued in 2021 instead,” says Martin Svegander, senior analyst at Berg Insight.