Car Sharing Market Research Report with top Players and Growth Opportunity 
                     2022
Carsharing Market Opportunities, Growth, 
Challenges, Business Trends and Forecast and 
Key Players
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Carsharing is used by huge numbers of people in major urban areas. Many customers find it difficult to own a car, 
so they use car-sharing services to save money, create good use of the cars, and enjoy more perks. By 2050, the 
UN estimates that there will be at least 2.5 billion additional people living in cities throughout the world.
Carsharing has several uses, but many people are still unaware of this despite its rising popularity. The general 
public is aware of how traditional carsharing operates: a person uses their vehicle to travel from point A to point 
B. In addition, car sharing is a form of car rental service that enables customers to rent vehicles parked at a 
variety of convenient places across the city for a certain period and only pay for the time they use the vehicle.
Carsharing services operate entirely online, and every transaction — from signing up to making a reservation to 
paying — takes place through a mobile app. Today, 5 billion people utilize the internet worldwide, which is 
comparable to about 64% of the world’s population.
The number of internet users also continues to rise, with the most recent data showing that the number of 
people connected worldwide increased by around 202 million in the year leading up to April 2022. Therefore, the 
global carsharing market is expected to grow at a significant rate in the coming years.
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In the coming years, carsharing service providers, such as cambio Mobilitätsservice GmbH & Co. KG, Ekar FZ LLC, 
Mobility Cooperative, Zipcar Inc., Car2Go Ltd., CarShare Australia Pty. Ltd., ORIX Auto Corporation, Hertz Global 
Holdings Inc., Getaround Inc., Turo Inc., Lyft Inc., DriveNow GmbH & Co. KG, Peg City Car Co-op Ltd., Modo 
Cooperative, Communauto Inc., Locomute (Pty.) Ltd., HOURCAR, and Cityhop Ltd., will be highly inclined toward a 
peer-to-peer (P2P) business model to offer improved services to customers worldwide. Additionally, these service 
providers are also opting for one-way and round-trip business models. 
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Globally, the Asia-Pacific (APAC) region led the carsharing market in the recent past, wherein China was the dominant 
user of such shared mobility services. The dominance of China can be attributed to the massive support being offered 
by the government for carsharing platforms, in terms of policies and incentives, and largescale incorporation of EVs in 
shared mobility fleets in the country. For instance, Beijing Shouqi Group, a state-owned carsharing service provider, 
offers its services in Xiamen, Beijing, Shanghai, and Qingdao through its Gofun Chuxing app.
Furthermore, to reduce the negative effects of pollution on the environment, carsharing services have been seen as 
an efficient remedy. The quantity of carbon dioxide released into the atmosphere would be reduced through 
increased usage of carsharing services, which would help decrease the number of private automobiles on the road.
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Market Segmentation by Car
•Economy
•Executive
•Luxury
Market Segmentation by Fuel Type
•Electric
•Fuel-Based
Market Segmentation by Business Model
•Peer-to-Peer (P2P)
•Round-Trip
•One-Way
Market Segmentation by Application
•Business
•Private
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Market Segmentation by Geography
•North America Carsharing Market
• U.S., Mexico, and Canada
•Europe Carsharing Market
• Germany, U.K., France, Italy, Spain, Netherlands, and Rest of Europe
•Asia-Pacific (APAC) Carsharing Market
• China, Japan, India, Australia, and Rest of APAC
•Rest of the World (RoW) Carsharing Market
• U.A.E., Brazil, and Others
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This study covers
1. Historical and the present size of the Carsharing Market
2. Historical and the present size of the market segments and understand their comparative future potential
3. Potential of on-demand logistics services, so the market players make informed decisions on the sales of their 
offerings
4. Competitive scenario of various market segments across key countries in several regions for uncovering 
market opportunities for the stakeholders
5. Major players operating in the market and their service offerings
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