The Global Shared Mobility Market was valued at USD 410.5 Bn in 2020 and is expected to reach USD 681 Bn by 2027, with a growing CAGR of 7.5% during the forecast period.
Increasing internet penetration and growing investment in shared mobility organizations have prompted the growth of the market. Moreover, rising traffic congestion on road, lack of parking spaces, excessive fuel prices, and high cost of private car ownership are the factors that might be predicted to help the growth of the market.
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