The current UAE Shared Mobility market research report provides a comprehensive overview of various variables that influence the business portfolio, future outlook, present crisis analysis with significant innovations, and product & service segmentation. The research analyzes key statistics on market size, major drivers, growth opportunities & challenges, competitive analysis, and revenue share of leading corporations/industries/companies, namely –
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According to the research report, the UAE Shared Mobility Market is expected to expand at a CAGR of 25.1% during 2021-26.
Market Definition: The automotive industry of the UAE is undergoing rapid transformations. Trends like electrification of public transport, shared mobility, autonomous vehicles, etc., are positively influencing the UAE automotive sector. People across the country are now opting for more cost-effective & convenient alternatives to car ownership. It shall help relocate road space, make driving less stressful, and lead to fewer road accidents. Hence, to move forward in a better future, there is a desperate need to change the urban mobility system by adopting shared mobility.
Key Drivers: 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:
–No proper infrastructure for shared mobility deployment
-Unauthorized carpooling affecting customers’ faith
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The Market segments are cited below:
Market Divided into, By Service Type
Market Divided into, By Commuting Pattern
Market Divided into, By Booking Type
Market Divided into, By End User
-Others (Emergency etc.)
Regional Landscape includes Dubai, Sharjah & North Emirates, Abu Dhabi & Ain
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Key Citations of the Research Report:
-Influential parameters driving or constraining Market growth
-The Market’s response to the Covid-19 pandemic
-A thorough examination of the Market’s shifting dynamics
-Assists in determining the profitability by providing thorough insights & assessments of -various segments of the Market
-Key strategies adopted by market leaders to maintain their position in the Market
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