Car-sharing - Slovenia | Statista Market Forecast

It is projected that the revenue in the Car-sharing market in Slovenia will reach US$11.73m by 2024.
Furthermore, an annual growth rate (CAGR 2024-2029) of 2.51% is expected, resulting in a projected market volume of US$13.27m by 2029.
In addition, it is estimated that the number of users in the Car-sharing market will amount to 78.51k users by 2029, with a projected user penetration of 3.3% in 2024 and 3.7% by 2029.
The average revenue per user (ARPU) is expected to amount to US$167.20.
Moreover, it is projected that 94% of the total revenue in the Car-sharing market in Slovenia will be generated through online sales by 2029.
In comparison to other countries, United States is expected to generate the most revenue, with a projected revenue of US$3bn in 2024.
Despite some initial challenges, car-sharing services in Slovenia are gaining popularity among urban residents seeking affordable and convenient transportation solutions.

Definition:

The Car-sharing market encompasses car-sharing services. Car-sharing service providers own the vehicles that customers can book independently at any time. Customers need to enter into a contract with the service provider in order to be able to book vehicles via a smartphone app, the website of the service provider, or by telephone. The vehicle is usually opened via smartphone or a chip card. Some service providers, however, provide the car key in a key safe at the car-sharing station. Prices are calculated per minute or hour, with the money being debited from the customer's bank account. Peer-to-peer car-sharing is not included in this market. Car-sharing services are not available in all countries; thus, only a limited number of countries and regions can be selected.

Additional Information:

The main performance indicators of the Car-sharing market are revenues, average revenue per user (ARPU), user numbers and user penetration rates. Additionally, online and offline sales channel shares display the distribution of online and offline bookings. The ARPU refers to the average revenue one user generates per year while the revenue represents the total booking volume. Revenues are generated through both online and offline sales channels and include exclusively B2C revenues and users for the mentioned market. User numbers show only those individuals who have made a reservation, independent of the number of travelers on the booking. Each user is only counted once per year.

The booking volume includes all booked rides made by users from the selected region, regardless of where the ride took place.

For further information on the data displayed, refer to the info button right next to each box.

Free-floating car sharing bookings
Station-based car sharing bookings
Companies offering a combination of free-floating and station-based car sharing
Services such as Share Now, Sixt Share, or Enterprise CarShare

Peer-to-peer car sharing bookings
Rental car booking
Taxi services
Carpools
Ride hailing services

The Car-sharing market in Slovenia has been experiencing significant growth in recent years, driven by changing customer preferences and the availability of new technologies.

Customer preferences: Customers in Slovenia are increasingly looking for convenient and flexible transportation options. Car-sharing provides an attractive alternative to traditional car ownership, allowing customers to access a vehicle when they need it without the associated costs and responsibilities. This is particularly appealing to younger generations who prioritize convenience and sustainability. Additionally, the rise of the sharing economy has made people more comfortable with the idea of sharing resources, including cars.

Trends in the market: One of the key trends in the car-sharing market in Slovenia is the adoption of electric vehicles. As the country aims to reduce its carbon footprint and promote sustainable transportation, there has been a push towards electric mobility. Car-sharing companies are capitalizing on this trend by offering electric vehicles as part of their fleet, attracting environmentally-conscious customers. This trend is expected to continue as the infrastructure for electric vehicles improves and the cost of electric vehicles decreases. Another trend in the car-sharing market in Slovenia is the integration of technology. Car-sharing platforms are leveraging advancements in mobile technology and connectivity to provide a seamless user experience. Customers can easily locate and book a car through a mobile app, and access the vehicle using their smartphone. This level of convenience and accessibility is driving the adoption of car-sharing services in the country.

Local special circumstances: Slovenia's relatively small size and well-developed transportation infrastructure make it an ideal market for car-sharing. The country has a high population density, particularly in urban areas, which increases the demand for alternative transportation options. Additionally, Slovenia has a strong commitment to sustainable development and has implemented policies and incentives to encourage the use of electric vehicles, further supporting the growth of the car-sharing market.

Underlying macroeconomic factors: The growing car-sharing market in Slovenia is also influenced by broader macroeconomic factors. The country has a stable economy and a high standard of living, which allows residents to prioritize convenience and sustainability in their transportation choices. Additionally, the increasing urbanization and congestion in major cities like Ljubljana have made car ownership less practical, leading to a greater demand for car-sharing services. In conclusion, the car-sharing market in Slovenia is experiencing growth due to changing customer preferences, the adoption of new technologies, local special circumstances, and underlying macroeconomic factors. As customers increasingly prioritize convenience and sustainability, car-sharing provides an attractive alternative to traditional car ownership. The integration of electric vehicles and technology into car-sharing services further enhances their appeal. With a well-developed transportation infrastructure and a commitment to sustainable development, Slovenia is well-positioned for continued growth in the car-sharing market.

Data coverage:

The data encompasses B2C enterprises. Figures are based on bookings, revenues, and online shares of car-sharing services.

Modeling approach:

Market sizes are determined through a bottom-up approach, building on a specific rationale for each market. As a basis for evaluating markets, we use financial reports, third-party studies and reports, federal statistical offices, industry associations, and price data. To estimate the number of users and bookings, we furthermore use data from the Statista Consumer Insigths Global survey. In addition, we use relevant key market indicators and data from country-specific associations, such as demographic data, GDP, consumer spending, internet penetration, and device usage. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, ARIMA, which allows time series forecasts, accounting for stationarity of data and enabling short-term estimates. Additionally, simple linear regression, Holt-Winters forecast, the S-curve function and exponential trend smoothing methods are applied.

Additional notes:

The data is modeled using current exchange rates. The market is updated twice a year in case market dynamics change.

This report presents a comprehensive analysis and additional information on the Mobility market, in a PDF format.