GITNUX MARKETDATA REPORT 2024

Car Sharing Industry Statistics

The car sharing industry is expected to grow significantly in the coming years, with projections showing an increase in revenue and users.

Statistic 1

"The revenue generated by car sharing services in Europe amounted to approximately USD 234 million in 2020."

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Statistic 2

"In Los Angeles, car sharing programs have helped reduce parking demand by up to 20%."

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Statistic 3

"By 2025, the car sharing market in North America is projected to reach USD 1.5 billion."

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Statistic 4

"Electric vehicles make up approximately 12% of the global car sharing market fleet."

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Statistic 5

"Peer-to-peer car sharing models are expected to grow rapidly, with a projected CAGR of 32% from 2021 to 2028."

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Statistic 6

"In 2019, there were over 41 million registered users of car sharing services worldwide."

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Statistic 7

"More than 5 million users in China utilized car sharing services in 2020."

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Statistic 8

"In 2020, BMW and Daimler merged their car sharing services under a joint venture called "Share Now.""

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Statistic 9

"Shared autonomous vehicles could potentially reduce the number of vehicles on urban roads by 60%."

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Statistic 10

"Over 30 cities worldwide have introduced car sharing services as part of their urban mobility strategies."

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Statistic 11

"The car sharing market could potentially reduce global car ownership by 1%"

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Statistic 12

"The global car sharing market size was valued at USD 1.9 billion in 2020."

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Statistic 13

"Over 53% of global car sharing users are under the age of 35."

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Statistic 14

"Companies like Zipcar and Car2Go are among the leading providers in the car sharing industry."

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Statistic 15

"Market players are increasingly integrating mobile apps for ease of booking and payment."

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Statistic 16

"The Asia-Pacific region is anticipated to witness the fastest growth in the car sharing market."

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Statistic 17

"The car sharing market is expected to grow at a compound annual growth rate (CAGR) of 24.3% from 2021 to 2028."

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Statistic 18

"The car sharing market in India is projected to grow at a CAGR of 34% from 2021 to 2027."

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Statistic 19

"In 2021, Germany had the largest car sharing fleet in Europe, with over 25,000 shared vehicles."

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Statistic 20

"Approximately 68% of car sharing trips are for distances less than 15 km."

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