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Strategy Analytics: Following Steep 2020 Declines, Global Ride Hailing Market Rebound in Sight – Consumer Electronics Net

8 hours ago Uber’s ‘Best Quarter’ to Date Sets Stage for Forecasted Comeback BOSTON–(BUSINESS WIRE)–Strategy Analytics’ Automotive Connected Mobility service has unveiled its H1 2021 Global Ride-Hailing Market Update and its associated Global Ride-Hailing Forecast, tracking more than 140 unique operators across 119 different countries. Although 2020 was tough for ride-hailing operators everywhere, with a decline of 18% in worldwide total revenue (gross bookings) across the sector, Strategy Analytics’ global-ride hailing report and forecast comes on the heels of Uber’s April 12 announcement that March 2021 was the company’s best month ever in terms of total gross company-wide bookings. A rebound is clearly in sight, but the landscape remains forever changed as many operators have turned to the delivery sector as the key to long-term growth.

Strategy Analytics: Peer-to-Peer (P2P) Car Sharing, From Misery to Millions

Strategy Analytics: Peer-to-Peer (P2P) Car Sharing, From Misery to Millions BOSTON Strategy Analytics’ Automotive Connected Mobility service has released a new, global database of Peer-to-Peer (P2P) car sharing operators, tracking more than 50 unique operators across 33 different countries. At the outset of the COVID-19 pandemic the outlook for peer-to-peer car sharing operators was bleak. Users and members vanished along with revenue and investment. Nearly a year later, a very different picture is emerging as operators have found renewed interest and enhanced prospects from an increased interest in personal transportation and the cost savings offered by the sharing economy. What has emerged from this pandemic-fueled recovery is a global phenomenon with more than 50 P2P operators, 1.3 million vehicles, and 42 million users; reflecting low barriers to entry and a compelling low-cost, low-investment business model. In fact, more than half of the P2P operators tracked in Strategy A

Strategy Analytics: Peer-to-Peer (P2P) Car Sharing, From Misery to Millions – Consumer Electronics Net

4 months ago BOSTON–(BUSINESS WIRE)– At the outset of the COVID-19 pandemic the outlook for peer-to-peer car sharing operators was bleak. Users and members vanished along with revenue and investment. Nearly a year later, a very different picture is emerging as operators have found renewed interest and enhanced prospects from an increased interest in personal transportation and the cost savings offered by the sharing economy. What has emerged from this pandemic-fueled recovery is a global phenomenon with more than 50 P2P operators, 1.3 million vehicles, and 42 million users; reflecting low barriers to entry and a compelling low-cost, low-investment business model. In fact, more than half of the P2P operators tracked in Strategy Analytics’ database were founded within the last three years, suggesting the global P2P car sharing competition is just starting to heat up.

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