Key Trends in the Global Car Sharing Market Development

Abstract :

Today, the car sharing market is gaining global popularity. This service is actively used in all megalopolises of the world countries, and even now experts predict a vast huge evolutionary leap in this innovation. The ability to use any type of vehicles anywhere in the world, without actually owning it and bothering with property costs, is one of the main advantages of the Sharing Economy. Today, there are three main regions of the global car sharing market growth – the Asia-Pacific region, Western Europe and North America. The analysis of the dynamics and key trends in car sharing development in three largest regions in question allowed identifying the key factors of intensive development of the car sharing market in these areas, as well as forecasting further growth opportunities for this segment of the transport market.