The Latest Mobility Industry Statistics Explained
By 2030, it is projected that shared mobility will be a market worth $620 billion USD.
This statistic predicts that by the year 2030, the shared mobility industry is expected to have a market value of $620 billion USD. Shared mobility refers to transportation services that are shared among multiple users, such as ride-hailing services, car-sharing programs, and bike-sharing systems. This projection suggests a significant growth in the shared mobility sector over the next decade, indicating a shift towards more sustainable and efficient transportation options. Factors driving this growth may include advancements in technology, changing consumer preferences towards shared and on-demand services, and increasing urbanization leading to greater demand for convenient transportation solutions. The $620 billion market value highlights the potential economic impact and importance of shared mobility as a key player in the future of transportation.
The Autonomous Vehicles market is expected to be valued at USD 54.23 billion in 2019 and is anticipated to reach USD 556.67 billion by 2026.
The statistic indicates the growth trajectory of the Autonomous Vehicles market, showing a significant increase in value from USD 54.23 billion in 2019 to an anticipated value of USD 556.67 billion by 2026. This projected growth highlights the rapid expansion and adoption of autonomous vehicle technology in various industries and consumer markets. The substantial increase in market value over this period suggests a strong demand for autonomous vehicles, driven by advancements in technology, increasing investments, and evolving consumer preferences towards safer and more efficient transportation solutions.
Over 60% of global consumers are ready to adopt autonomous, sharing, and electric vehicles.
The statistic indicates that a significant proportion of global consumers, specifically over 60%, are open to embracing the adoption of autonomous, sharing, and electric vehicles. This suggests a growing acceptance and readiness among consumers to shift towards innovative transportation technologies that offer increased convenience, sustainability, and efficiency. The trend towards autonomous vehicles, shared mobility services, and electric cars reflects a changing consumer mindset towards embracing cutting-edge technologies and environmentally friendly practices in the automotive industry. This statistic highlights a promising outlook for the future of transportation and signals a potential shift towards a more sustainable and technologically advanced transportation system globally.
In 2019, approximately 26 thousand electric vehicles were sold in the United States every month.
The statistic indicates that in 2019, there was an average monthly sales volume of approximately 26 thousand electric vehicles in the United States. This data suggests a growing interest and adoption of electric vehicles among American consumers. The steady sales figure of 26 thousand units per month highlights a consistent demand for electric vehicles in the market. The increase in electric vehicle sales could be attributed to various factors such as advancements in technology, environmental concerns, governmental incentives, and a shift towards sustainable transportation options. Overall, this statistic underscores the significant progress and acceptance of electric vehicles in the United States automotive industry.
By 2022, it is estimated that there will be 35 million shared mobility users in Europe.
The statistic indicates that by the year 2022, it is projected that there will be a total of 35 million users of shared mobility services in Europe. Shared mobility refers to a transportation service model where multiple users share resources such as vehicles for their trips, typically through services like bike-sharing, car-sharing, and ride-sharing. The estimate of 35 million users suggests a significant increase in the adoption and use of shared mobility services across European countries. This growth may be driven by factors such as increasing urbanization, changes in consumer preferences towards more sustainable transportation options, technological advancements enabling easier access to shared services, and government initiatives to promote shared mobility as a solution to transportation challenges.
In 2019, over 32 million people in China used shared mobility services.
The statistic “In 2019, over 32 million people in China used shared mobility services” indicates a significant adoption of shared transportation options among individuals in China during that year. Shared mobility services typically include services such as bike-sharing, car-sharing, ride-hailing, and other shared transport options. The high number of 32 million individuals utilizing these services suggests a growing trend towards more sustainable and efficient modes of transportation in urban areas of China. This statistic implies a shift away from private vehicle ownership towards shared transportation solutions, which can help reduce traffic congestion, air pollution, and overall transportation costs for individuals in China.
By 2030, global spending on mobility services is expected to surge to nearly $3.7 trillion.
The statistic “By 2030, global spending on mobility services is expected to surge to nearly $3.7 trillion” highlights the projected exponential growth in investment and expenditure in the mobility sector over the next decade. This figure encompasses a wide range of services including transportation, ride-sharing, public transit, and other innovative mobility solutions. The increasing urbanization, population growth, and advancements in technology are key drivers behind this surge in spending. As societies around the world seek more convenient, efficient, and sustainable modes of transportation, companies and governments are anticipated to heavily invest in developing and improving mobility services to meet the evolving needs of the global population. This statistic underscores the significant economic impact and potential transformative changes that will shape the future of mobility on a global scale.
North America’s Mobility as a Service (MaaS) market will likely reach over $59 billion by 2026.
The statistic that North America’s Mobility as a Service (MaaS) market will likely reach over $59 billion by 2026 indicates a significant growth and economic opportunity within the transportation industry. MaaS refers to a shift in mobility and transportation services towards integrated, multi-modal solutions that allow users to seamlessly plan, book, and pay for various modes of transportation through a single platform. The projected market value of over $59 billion by 2026 suggests a growing demand and adoption of MaaS solutions in North America, driven by factors such as increasing urbanization, traffic congestion, environmental concerns, and advancements in technology. This growth potential presents opportunities for industry players, stakeholders, and policymakers to innovate and collaborate towards a more efficient, connected, and sustainable transportation system in the region.
By 2030, the autonomous vehicle services market could be worth $1.6 trillion.
The statistic states that by 2030, the market for autonomous vehicle services has the potential to reach a value of $1.6 trillion. This signifies the significant growth and potential economic impact of autonomous vehicles on the global transportation industry. As technology continues to advance and regulatory frameworks evolve, autonomous vehicles are expected to play a pivotal role in transforming the way people and goods are transported. The projected market value underscores the increasing interest and investment in autonomous vehicle technologies, which are perceived to offer benefits such as improved road safety, enhanced efficiency, reduced congestion, and lower emissions. The $1.6 trillion figure indicates the immense opportunity that autonomous vehicles present for companies involved in developing, manufacturing, and offering services related to this emerging technology.
Global electric vehicle market is projected to surpass $800 billion by 2027.
The statistic that the global electric vehicle market is projected to surpass $800 billion by 2027 indicates a significant growth and economic opportunity within the electric vehicle industry. This projection suggests that there is a growing demand for electric vehicles worldwide, driven by factors such as increasing environmental awareness, government incentives for clean energy initiatives, and advancements in electric vehicle technology. The substantial market value forecasted for 2027 reflects the potential for continued expansion and innovation in the electric vehicle sector, with implications for various industries including automotive, energy, and technology.
By 2025, 10% of global passenger vehicles will be self-driving cars.
The statistic that by 2025, 10% of global passenger vehicles will be self-driving cars indicates a significant shift in the automotive industry towards autonomous vehicles. This projection suggests that within the next few years, a notable proportion of cars worldwide will have self-driving capabilities, highlighting the growing adoption and integration of this technology into daily transportation. Factors such as advancements in artificial intelligence, improving safety features, and increasing investment in autonomous vehicle research and development may contribute to this trend. As self-driving cars become more prevalent on the roads, it will be crucial to address regulatory, ethical, and societal implications to ensure the safe and responsible deployment of these vehicles in the future.
By 2025, on-demand transportation market will be worth approximately $305.97 billion.
The statistic “By 2025, on-demand transportation market will be worth approximately $305.97 billion” predicts that the total value of the on-demand transportation industry will reach around $305.97 billion by the year 2025. This value encompasses various on-demand transportation services such as ride-hailing, car-sharing, bike-sharing, and other flexible mobility solutions that are accessed through mobile apps and platforms. The projected growth in the market value indicates a significant expansion of the on-demand transportation sector, driven by factors such as technological advancements, changing consumer preferences, and urbanization trends. This statistic highlights the increasing importance and efficiency of on-demand transportation services in meeting the mobility needs of people and suggests a potential shift towards more convenient and sustainable modes of transportation in the future.
By 2020, app-based ride services (like Uber) transported 5 billion passengers worldwide.
The statistic “By 2020, app-based ride services (like Uber) transported 5 billion passengers worldwide” indicates the substantial impact of digital platforms on the transportation industry in a relatively short period of time. This figure reflects the rapid growth and widespread adoption of app-based ride-hailing services, highlighting their convenience, scalability, and ability to meet the transportation needs of billions of people around the globe. The statistic underscores the transformation in how people choose to travel, with the convenience of booking rides through mobile applications becoming increasingly popular and revolutionizing the traditional taxi and transportation services sector.
The global smart transportation market is estimated to reach $285.12 billion by 2024.
The statistic indicates that the global smart transportation market is projected to grow and reach a value of $285.12 billion by the year 2024. This growth is attributed to the increasing adoption of smart technologies in the transportation sector, such as smart traffic management systems, intelligent transportation systems, connected vehicles, and advanced data analytics. These technologies are aimed at improving efficiency, safety, and sustainability in transportation systems worldwide. The rapid urbanization, population growth, and the need for better traffic management solutions are key drivers fueling the expansion of the smart transportation market.
Global micromobility market is projected to reach $40-50 billion by 2025.
The statistic “Global micromobility market is projected to reach $40-50 billion by 2025” indicates that the market for micromobility solutions, such as shared bikes, scooters, and electric vehicles for short-distance travel, is expected to grow significantly in the next few years. This projection suggests a substantial increase in demand for these alternative transportation options, likely driven by factors such as urbanization, environmental concerns, and evolving consumer preferences for more sustainable and convenient mobility choices. The estimated market value of $40-50 billion by 2025 highlights the anticipated economic opportunity and potential for growth within the micromobility sector on a global scale.
In 2019, shared mobility platforms commanded a billion rides a month.
The statistic “In 2019, shared mobility platforms commanded a billion rides a month” indicates the substantial scale and popularity of shared mobility services during that year. With a billion rides being completed monthly on these platforms, it highlights the widespread adoption and usage of services such as ride-hailing, bike-sharing, and scooter-sharing among consumers. This statistic suggests that shared mobility has become an integral part of urban transportation ecosystems, providing convenient options for individuals to access transportation while also potentially reducing the reliance on private cars and contributing to more sustainable mobility solutions.
Currently, over 60% of the world’s population lives in cities and this is expected to increase to 70% by 2050, increasing the potential for shared mobility adoption.
The statistic indicates that currently, more than 60% of the global population resides in urban areas, and this percentage is projected to rise to 70% by the year 2050. This trend towards urbanization suggests a growing concentration of people in cities, presenting an opportunity for increased adoption of shared mobility services. As cities become more crowded, individuals and policymakers may increasingly turn to options such as ride-sharing, bike-sharing, and public transportation to address congestion, reduce emissions, and enhance transportation efficiency. This shift towards shared mobility solutions aligns with the broader goal of sustainable urban development and can help meet the transportation needs of an increasingly urbanized population.
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