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.
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Notes: Data was converted from local currencies using average exchange rates of the respective year.
Most recent update: Jul 2024
Source: Statista Market Insights
Most recent update: Jul 2024
Source: Statista Market Insights
Most recent update: Jul 2024
Source: Statista Market Insights
The Shared Mobility market in Southeast Asia is experiencing significant growth and evolution driven by changing consumer preferences, technological advancements, and unique local circumstances.
Customer preferences: Customers in Southeast Asia are increasingly valuing convenience, affordability, and sustainability when it comes to transportation options. Shared mobility services such as ride-hailing, bike-sharing, and scooter-sharing are gaining popularity due to their flexibility and cost-effectiveness. Consumers are also showing a preference for seamless digital platforms that allow for easy booking and payment processes.
Trends in the market: In countries like Indonesia, Thailand, and Vietnam, the Shared Mobility market is witnessing a surge in demand for motorbike taxis and ride-hailing services. These countries have dense urban populations and traffic congestion issues, making on-demand transportation services a practical choice for commuters. Additionally, the rise of e-scooter and bike-sharing services is catering to the growing trend of eco-friendly transportation solutions in cities like Singapore and Malaysia.
Local special circumstances: Southeast Asia's diverse geography and regulatory environment play a significant role in shaping the Shared Mobility market. For instance, archipelagic countries like Indonesia face unique challenges in providing seamless transportation services across multiple islands. In contrast, Singapore's compact urban landscape and government support for sustainable mobility initiatives have created a conducive environment for shared transportation services to thrive.
Underlying macroeconomic factors: Economic growth, urbanization, and a young tech-savvy population are key macroeconomic factors driving the Shared Mobility market in Southeast Asia. As disposable incomes rise and cities become more congested, consumers are turning to shared transportation options as a practical solution for their daily commuting needs. Moreover, the proliferation of smartphones and mobile internet connectivity has enabled the widespread adoption of shared mobility services across the region.
Most recent update: Jul 2024
Source: Statista Market Insights
Most recent update: Jul 2024
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: Sep 2024
Source: Statista Market Insights