Automotive and Transportation Carsharing Market Research Report, 2014–2025 | Page 3

Carsharing Market
Introduction of mobility as a service observed as a key trend in the market
The evolution of MaaS is a key trend observed in the carsharing market, driven by the shift from the personal
ownership of vehicles to shared mobility solutions, including carsharing. The service provides a gateway to
help manage trips and offer mobility solutions on the basis of the traveling needs of the end users. MaaS
depends on a digital platform that integrates online booking, payment services, end-to-end trip planning,
electronic ticketing, and other additional services across all public and private modes of transportation.
APAC standing as the largest market for carsharing services globally
APAC is expected to continue holding the largest share in the global carsharing market, with an estimated
revenue of over 40% in 2018. Of all countries around the world, China continues to remain the largest market
for carsharing services. In 2017, several cities across China increased the usage of electric vehicles across
carsharing platforms to promote greener environment. With continuous support from the government in the
form of policies and incentives, the market in China is expected to demonstrate robust growth in the future as
well.
P&S Intelligence