Definition:
The Shared Mobility market encompasses a diverse range of long- and short-distance mobility services. As the world moves towards a more connected and digital era, the Shared Mobility market is central to driving innovation, collaboration, and the development of intelligent transportation systems.
Structure:
The market consists of eleven further markets. These include the following markets:
Additional Information:
The main performance indicators of the Shared Mobility 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 above-mentioned markets. 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. Additional definitions for each market can be found within the respective market pages.
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.
NOTES: Data was converted from local currencies using average exchange rates of the respective year.
MOST_RECENT_UPDATE: Apr 2025
SOURCE: Statista Market Insights
MOST_RECENT_UPDATE: Apr 2025
SOURCE: Statista Market Insights
The Shared Mobility market in Ecuador has been experiencing significant growth and development in recent years.
Customer preferences: Customers in Ecuador are increasingly looking for convenient and cost-effective transportation options, which has led to a rise in demand for shared mobility services. The younger population, in particular, is more inclined towards flexible and on-demand transportation solutions rather than traditional car ownership.
Trends in the market: One of the key trends in the Shared Mobility market in Ecuador is the increasing popularity of ride-hailing services. Companies offering ride-hailing apps have seen a surge in user numbers as more people opt for the convenience of booking a ride through their smartphones. Additionally, car-sharing services are also gaining traction in urban areas as a sustainable and efficient way of commuting.
Local special circumstances: Ecuador's unique geographical landscape, with its diverse terrain and varying urban development, plays a significant role in shaping the Shared Mobility market. The presence of bustling cities like Quito and Guayaquil, coupled with the need for reliable transportation in rural areas, creates a demand for a wide range of shared mobility options to cater to different customer needs.
Underlying macroeconomic factors: Economic factors such as rising urbanization, increasing disposable income, and changing consumer preferences are driving the growth of the Shared Mobility market in Ecuador. Additionally, government initiatives to promote sustainable transportation solutions and reduce traffic congestion are also contributing to the expansion of shared mobility services across the country.
MOST_RECENT_UPDATE: Apr 2025
SOURCE: Statista Market Insights
MOST_RECENT_UPDATE: Apr 2025
SOURCE: Statista Market Insights
Data coverage:
The data encompasses B2C enterprises. Figures are based on bookings, revenues, and online shares of car rentals, ride-hailing, taxi, car-sharing, bike-sharing, e-scooter-sharing, moped-sharing, trains, buses, public transportation, and flights.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.NOTES: Based on data from IMF, World Bank, UN and Eurostat
MOST_RECENT_UPDATE: Jan 2025
SOURCE: Statista Market Insights
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