Shared Mobility - Uzbekistan

Uzbekistan

Highlights

Uzbekistan is expected to witness significant growth in the Shared Mobility market in the coming years.
By 2024, the revenue in this market is projected to reach US$792.30m.
Furthermore, the market is expected to grow annually at a rate of 8.73% between 2024 and 2029, resulting in a projected market volume of US$1.20bn by the end of 2029.
Public Transportation represent the largest market and are projected to generate revenue of US$386.10m by 2024.
It is expected that the number of users in the Public Transportation market will reach 23.81m users by 2029.
In 2024, the user penetration rate in Uzbekistan is expected to be 78.6%, which is projected to increase to 95.0% by 2029.
The average revenue per user (ARPU) is expected to be US$28.27.
It is projected that by 2029, 40% of the total revenue in the Shared Mobility market in Uzbekistan will be generated through online sales.
When compared globally, China is expected to generate the most revenue in this market, with a projected revenue of US$365bn in 2024.
Shared mobility services in Uzbekistan are gaining popularity as the government promotes sustainable transportation options.

Key regions:

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:

The Car Rentals market contains vehicle rentals that have been booked in person, by telephone via the internet or an app.
The Car-sharing market includes professionally run car-sharing services that provide on-demand access vehicles, allowing users to rent cars for short periods, e.g., by minute or hour.
The Bike-sharing market contains short-term bike-sharing services. Bicycles can be found in the provider’s business zone where they are either parked at designated stations or freely distributed without fixed docks.
The Ride-hailing market encompasses on-demand transportation services facilitated through mobile apps or online platforms. This market covers both private vehicle rides and taxi services, all booked exclusively online.
The Taxi market covers exclusively traditional taxi services booked offline, typically via street hailing or phone calls.
The Flights market contains air travel bookings regardless of the purchase channel, such as an airline's website or a travel agency.
In the Public Transportation market, revenues generated by ticket sales from public transportation companies are considered.

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.

Market definitionIn-Scope/Out-of-scopeMarket structureReportsMethodology

The Shared Mobility market in Uzbekistan is experiencing a significant growth trajectory driven by changing customer preferences, evolving market trends, local special circumstances, and underlying macroeconomic factors.

Customer preferences: Customers in Uzbekistan are increasingly looking for convenient and cost-effective transportation options. Shared Mobility services such as ride-hailing, car-sharing, and bike-sharing are gaining popularity as they offer flexibility, affordability, and ease of access. With the rise of digital platforms and smartphone usage, consumers are more inclined towards on-demand transportation services that provide seamless booking and payment options.

Trends in the market: One of the prominent trends in the Shared Mobility market in Uzbekistan is the growing adoption of electric vehicles (EVs) for ride-sharing and car-sharing services. As the government pushes for sustainable transportation solutions and invests in EV infrastructure, companies offering electric Shared Mobility services are likely to see increased demand. Additionally, the market is witnessing the entry of new players and innovative business models, leading to a more competitive landscape and enhanced service offerings for customers.

Local special circumstances: Uzbekistan's unique geographical and cultural landscape plays a significant role in shaping the Shared Mobility market. The country's growing urbanization, particularly in major cities like Tashkent and Samarkand, is driving the demand for efficient transportation solutions. Moreover, the government's focus on modernizing the transportation sector and improving connectivity further contributes to the expansion of Shared Mobility services across the country.

Underlying macroeconomic factors: The macroeconomic factors influencing the Shared Mobility market in Uzbekistan include the country's GDP growth, disposable income levels, and regulatory environment. As the economy continues to develop and incomes rise, more consumers are likely to opt for Shared Mobility services as a cost-effective alternative to private car ownership. Furthermore, government policies and regulations supporting the growth of the transportation sector are expected to fuel market expansion and attract investment in Shared Mobility infrastructure and technology.

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.