Us Micromobility Platform Market Size By Applications, By Type, By End-User, By Deployment & By Technology 2032
Micromobility Platform Market was valued at USD 3.5 Billion in 2022 and is projected to reach USD 8.5 Billion by 2030, growing at a CAGR of 12.0% from 2024 to 2030.
The U.S. micromobility platform market is experiencing significant growth, driven by the increasing adoption of shared electric scooters, bicycles, and other lightweight vehicles for short-distance urban travel. In 2021, the market was valued at approximately USD 191.5 million and is projected to reach USD 217 million by 2025, reflecting a compound annual growth rate (CAGR) of 3.1%. citeturn0search8 This surge is attributed to several factors: - **Environmental Concerns**: As cities strive to reduce carbon emissions, micromobility offers an eco-friendly alternative to traditional vehicles. In North America, micromobility options have recently offset 74 million pounds of CO2, highlighting their environmental benefits. citeturn0news14 - **Urban Congestion**: With increasing urban populations, micromobility addresses the "last mile" problem, providing efficient solutions for short trips that public transportation may not cover effectively. citeturn0news14 - **Technological Advancements**: Innovations in electric vehicle technology and mobile applications have enhanced the convenience and accessibility of micromobility services. However, the market faces challenges: - **Regulatory Hurdles**: Cities are implementing stricter regulations to ensure safety and manage infrastructure. For instance, Denver is considering policies like smart sidewalk technology and rider education to address rising accidents. citeturn0news12 - **Safety Concerns**: Despite technological improvements, public perception remains cautious due to incidents of reckless driving and improper parking. In Italy, new laws require users to wear helmets and have insurance, potentially affecting demand. citeturn0news13 In summary, the U.S. micromobility platform market is poised for continued growth, driven by environmental benefits, urban congestion solutions, and technological advancements. Addressing regulatory and safety challenges will be crucial for sustaining this momentum.
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Bolt Mobility
Jugnoo
Velvioo LLC
Luna Systems
Helbiz
Otonomo Technologies
Vulog
Joyride
Hellotracks
Aeris Technologies
INVERS GmbH
CycleHop LLC
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Micromobility Platform Market
Electric Scooters
Bicycles
E-bikes
Motorized Skateboards
Dockless Solutions
Station-based Systems
Peer-to-Peer Sharing
Subscription Services
Mobile App-based Platforms
Integrated GPS Systems
Telematics and Fleet Management
Data Analytics Tools
Urban Commuters
Tourists and Visitors
Students
Last-Mile Delivery Services
Public Charging Stations
Private Charging Solutions
Fast Charging Technologies
Battery Swapping Services
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Micromobility Platform Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Micromobility Platform Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Micromobility Platform Market, By Type
6. Global Micromobility Platform Market, By Application
7. Global Micromobility Platform Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Micromobility Platform Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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