According to MarkNtel Advisors who is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. Recently released a report on UAE Shared Mobility Market - Industry Trends and Forecast to 2026 and provides a comprehensive analysis of the current and future market conditions. The market research insights offered in this report enhance understanding of the market landscape, potential challenges, and strategies to establish a strong brand presence. With detailed market segmentation, in-depth analysis of key players, examination of consumer and supply chain trends, and exploration of new geographic markets, the insights presented in this report simplify the effective marketing of products and services.
UAE Shared Mobility Market Analysis and Size
According to MarkNtel Advisors, the UAE Shared Mobility Market is anticipated to grow at a CAGR of around 25.1% during the forecast period, i.e., 2021-26.
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Some of the major players operating in the UAE Shared Mobility Market are Uber, DiDi Chuxing, Drive Now, Lyft, Ekar, Udrive, Arabia Taxi, Car Tax, City Taxi, Dubai Taxi, Metro Taxi, National Taxi, One Road.
UAE Shared Mobility Market Growth Driver:
With growing population, the problem of traffic congestion is increasing astronomically. According to the TomTom Traffic Index, Abu Dhabi ranked 399 in terms of traffic congestion levels. Morning hours rush in the UAE leads to extra traveling hours. Hence, traffic congestion adds extra cost to economies due to the loss of working hours. Hence, more usage of shared mobility services is expected to help eliminate the problems cited above. Cited-below is a few other aspects expected to drive the market:
- Convenience & cost-effectiveness of shared mobility services
- Various government initiatives to encourage the adoption of shared mobility services across the UAE owing to environmental concerns & lack of parking spaces
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Market Segment and Geographical Analysis
By Service Type
- Two-Wheeler Sharing
- Ride Hailing
- Ride Sharing
- Car Rental
- Car Sharing
- Bus/Shuttle Service
By Commuting Pattern
- Daily Commuting
- Last-Mile Connectivity
- Occasional Commuting
- Others
By Booking Type
- On-Line
- Off-Line
By End User
- Leisure
- Business
- Others (Emergency etc.)
By Region
- Dubai
- Sharjah & North Emirates
- Abu Dhabi & Ain
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