Revenue of car-sharing market in India 2017-2028

Data provided by Statista Market Insights are estimates.

When it comes to car-sharing, vehicles are usually owned by car-sharing service providers and booked independently by customers at any time. Customers need to enter into a contract with the car-sharing 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.

There are two types of car-sharing: station-based (e.g., Cambio or EVCARD) and free-floating car-sharing (e.g., Share Now, Sixt share or Enjoy). Station-based car-sharing enables customers to pick up a car at a car-sharing station and bring it back to either the same station or a different car-sharing station. Prices for station-based car-sharing are usually calculated per hour, and cars can be booked several weeks in advance. When it comes to free-floating car-sharing, cars can be found all over the service provider's business zone and parked throughout this zone after use, in accordance with the traffic regulations. Free-floating car-sharing vehicles are booked via a smartphone app, and prices are usually calculated per minute. Some service providers offer and combine both abovementioned services: free-floating cars for short-term bookings and station-based vehicles for longer, planned journeys. Peer-to-peer car-sharing is another type of car-sharing: Private individuals share their cars, with the cars usually being booked online through an intermediary. However, peer-to-peer car-sharing is not included in this market (Out-of-scope).

The revenue represents the entire volume of bookings by users in the respective region, regardless of start and destination. User numbers only include individuals who have completed a booking, irrespective of the number of travelers. Car rentals, driver-based services (ride hailing, taxis, ride sharing, or carpools), and peer-to-peer car-sharing are not included here. Car-sharing services are not available in all countries or regions, so there is only a limited number of locations selectable.