Shared Mobility - Finland

  • Finland
  • In Finland, the revenue of the Shared Mobility market is projected to reach US$4,911.00m by 2025.
  • The market is expected to grow annually at a rate of 1.64%, resulting in a projected market volume of US$5,242.00m by 2029.
  • The largest market in this market is Public Transportation, with a projected market volume of US$1,480.00m in 2025.
  • By 2029, the number of users in the Public Transportation market is expected to reach 3.94m users.
  • In 2025, user penetration is expected to be 95.0%, and it is projected to increase to 95.0% by 2029.
  • The average revenue per user (ARPU) is expected to be US$787.40.
  • Looking ahead to 2029, 59% of the total revenue in the Shared Mobility market will be generated through online sales.
  • When compared globally, the highest revenue is expected to be generated in China, with US$382bn in 2025.
  • In Finland, shared mobility is increasingly popular due to the country's strong focus on sustainable transportation and the availability of government subsidies for electric vehicles.

Key regions: United States, Saudi Arabia, Germany, Malaysia, India

Market
Region
Region comparison
Currency

Revenue

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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

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Most recent update: Jul 2024

Source: Statista Market Insights

Mobility

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This report presents a comprehensive analysis and additional information on the Shared Mobility market, in a PDF format.
Shared Mobility: market data & analysis - Background Shared Mobility: market data & analysis - Cover

Sales Channels

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Most recent update: Jul 2024

Source: Statista Market Insights

Analyst Opinion

The Shared Mobility market in Finland has been witnessing significant growth and development in recent years.

Customer preferences:
Customers in Finland are increasingly valuing convenience, flexibility, and sustainability when it comes to transportation options. Shared mobility services such as ride-hailing, car-sharing, and bike-sharing are becoming popular choices among consumers who prioritize cost-effective and eco-friendly modes of transportation.

Trends in the market:
One prominent trend in the Finnish Shared Mobility market is the rise of electric scooters as a popular mode of transportation, especially in urban areas. The convenience and ease of use of electric scooters have made them a preferred choice for short-distance travel, contributing to the overall growth of the shared mobility sector in the country. Additionally, the integration of various shared mobility services into a single platform or app is gaining traction, providing customers with seamless access to different transportation options.

Local special circumstances:
Finland's cold climate and vast geographical landscape present unique challenges and opportunities for the Shared Mobility market. The seasonal variations and harsh winter conditions require shared mobility service providers to adapt their offerings to ensure operational efficiency and customer satisfaction throughout the year. Additionally, the country's well-developed infrastructure and tech-savvy population create a conducive environment for the growth of shared mobility services, fostering innovation and competition in the market.

Underlying macroeconomic factors:
The growing emphasis on sustainability and environmental conservation in Finland is driving the demand for shared mobility solutions that reduce carbon emissions and promote greener transportation alternatives. Government initiatives and policies supporting sustainable mobility practices further stimulate the expansion of the Shared Mobility market in the country. Moreover, the increasing urbanization and changing demographics in Finland are reshaping the way people commute and travel, leading to a growing preference for shared mobility services that offer convenience and flexibility in meeting transportation needs.

Users

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Most recent update: Jul 2024

Source: Statista Market Insights

Mode of Transportation

in percent

2024
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Most recent update: Jul 2024

Sources: Statista Market Insights , Statista Consumer Insights Global

User Demographics

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Most recent update: Mar 2024

Sources: Statista Market Insights , Statista Consumer Insights Global

Global Comparison

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Most recent update: Jul 2024

Source: Statista Market Insights

Methodology

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.

Key Market Indicators

The following Key Market Indicators give an overview of the social and economic outlook of the selected region and provide additional insights into relevant market-specific developments. These indicators, together with data from statistical offices, trade associations and companies serve as the foundation for the Statista market models.

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