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Scooter Sharing Market Demand Globally and Industry Outlook 2025

Global scooter sharing market is expected to witness significant growth during the forecast period (2019u20132025). The market is predicted to advance at a 24.4% CAGR during the forecast period and attain $553.0 million in revenue by 2025, a considerable increase from its recorded value of $99.8 million in 2018.

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Scooter Sharing Market Demand Globally and Industry Outlook 2025

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  1. Scooter Sharing Market 2020 Size, Latest Innovations and Industry Outlook 2025 Due to the rising road congestion in cities and towns, rapid technological advancements, greater convenience, and increasing concerns over the emission of greenhouse gases and the resultant shift toward eco-friendly modes of travel, the global scooter sharing market is expected to witness significant growth during the forecast period (2019-2025). The market is predicted to advance at a 24.4% CAGR during the forecast period and attain $553.0 million in revenue by 2025, a considerable increase from its recorded value of $99.8 million in 2018. PRESCIENT A/ STRATEGIC SCOOTER MARKET INTELLIGENCE CAGR 24.4% DRIVERS Increasing road congestion in urban areas (2019-2025) Significant technological advancements Rising concern over emission of greenhouse gas Greator convenience $553.0 largost Markot Fastest-Growing Markot By Region (2018) By Rogion (2019-2025) MILLION $99.8 MILLION Market Players Cityscoot SAS (Cityscoot) Cooltra Motosharing S.LU. (eCooltra) COUP Mobility GmbH (COUP) and Woimo Technology Co. ltd. (WeMo) Globally, Europe recorded the largestshare in the scooter sharing market, in terms of revenue, in 2018. The main factor that contributed toward the region’s market hold

  2. was the early adoption of scooter sharing services here. The concept has been thriving in Europe since 2016, and it was observedthat in 2018, more than 60 cities in the region had such schemes. The fastest growth in the market is expected to be witnessed in Asia-Pacific (APAC), mainly due to the large-scale deployment of these services in India. Request to Get the Sample Report@https://www.psmarketresearch.com/market-analysis/scooter-sharing-market/report-sample The scooter sharing market is currently at the growing phase, and it consists of several major players, such as Weimo Technology Co. Ltd. (WeMo), Cooltra Motosharing S.L.U. (eCooltra), Cityscoot SAS (Cityscoot), and COUP Mobility GmbH (COUP). The other prominent players operating in the market are Felyx Sharing B.V., Sharing Muving S.L.U. (Muving), Electric Mobility Concepts GmbH (emmy),MiMoto Smart Mobility Srl, Vogo Automotive Pvt. Ltd. (Vogo), YUGO Urban Mobility SL (YEGO), Wicked Ride Adventure Services Pvt. Ltd. (Bounce), Econduce SAPI de CV, and Scoot Rides Inc. (Scoot). Therefore, due to the increasing demand for scooter sharing services, primarily for reducing the rate of environmental degradation, the market is set to experience robust growth in the coming years.

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