Le Lézard
Classified in: Transportation
Subject: MRR

$ 187 Bn growth opportunity in Car-as-a-Service Market 2021-2025 | Insights on Emerging Trends, Opportunities, and New Product Launches | 17,000+ Technavio Research Reports


NEW YORK, Sept. 24, 2021 /PRNewswire/ -- Technavio's latest research report on the Car-as-a-Service Market offers a comprehensive analysis on new product launches, the latest trends, and the post-pandemic impact on businesses.

The car-as-a-service market value is anticipated to grow by USD 187.05 billion during 2021-2025. However, the growth momentum is expected to decelerate at a CAGR of almost 19% during the forecast period.

Market Dynamics

The market is driven by factors such as the wide range of vehicles with a single subscription package and financial support by service providers to potential drivers. However, the availability of automotive financing will hinder the market growth.

The rise in urbanization encouraging vendors to expand their ride-hailing services will have a positive impact on the growth of vendors. On the other hand, the growing use of public transport is expected to reduce the growth potential in the market.

Company Profiles

The car-as-a-service market report provides complete insights on key vendors including AB Volvo, Beijing Xiaoju Technology Co. Ltd., BMW Group, Daimler AG, Ford Motor Co., Hertz Global Holdings Inc., Hyundai Motor Co., Lyft Inc., SIXT SE, and Uber Technologies Inc.

Competitive Analysis

The report includes the competitive analysis, a proprietary tool to analyze and evaluate the position of companies based on their industry position score and market performance score. Some of the factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Market Segmentation

Related reports on Industrials include:

Global Self-driving Taxi Market - Global self-driving taxi market is segmented by level of autonomy (SAE level 3 and SAE level 4 and 5) and geography (APAC, Europe, MEA, North America, and South America).
Download Exclusive Free Sample Report

Global Car Sharing Market - Global car sharing market is segmented by end-user (business and individual) and geography (APAC, Europe, North America, South America, and MEA).
Download Exclusive Free Sample Report

Key Topics Covered:

Executive Summary

Market Landscape

Market Sizing

Five Forces Analysis

Market Segmentation by Type

Geographic Landscape

Vendor Landscape

Vendor Analysis

Appendix

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

SOURCE Technavio


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