Micro Mobility Market is Expected to Grow at a CAGR of 11.95% from 2019-2029

Micro mobility is the concept of utilizing various modes of portable transportation to travel short distances. These modes of transportation include bikes, scooters, bicycles, and autonomous shuttles, among others. Micro mobility can also be utilized commercially by companies as a mode of delivering goods and on-demand services to its customers.

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The vehicles used in micro mobility modes of transportation are fuel-efficient and eco-friendly as most of the vehicles are either electric motor driven or peddle driven. In cities, adapting micro mobility can help to subside the increasing urbanization and congestion, as micro mobility services provide an ease of access to public transportation and hence reduce the volume of vehicles on the roads. Micro mobility transportation also provides a costeffective and accessible mode of transit to its users.

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As the micro mobility industry is consistently growing, many countries are promoting the use of micro mobility start-ups in their cities by providing specific areas for micro mobility trials, building infrastructure, and helping to coordinate with the micro mobility companies to form regulations.

Micro Mobility Market

Key Questions Answered in the Report:

What is the global micro mobility market size in terms of revenue from 2019 to 2029?
What are the major consumer demands and expectations effectively fulfilled by micro mobility?
What are the drivers, restraints, and opportunities for the market for the period of 2019 to 2029?
What are the impacts of the micro mobility service to the global environmental issues?
What are the key developments and strategies of the companies in the market?
Which region is expected to have the highest market potential in the period 2019-2029, and how is the market expected to grow in the same period in other regions?
Which are the key companies in the industry, and how are they expected to perform in the ecosystem?
What is the market forecast by application, requirement, and location for the period 2019 to 2029?
What is the estimated market value by region during the period 2019-2029?

Key Players

Some of the key players operating in the micro mobility market are Marble, Easymile SAS, Floatility GmbH, Beijing Mobike Technology Co. Ltd., Bird Rides Inc., Skip Transportation, Spin Scooters, Sway Mobility, LimeBike, Scoot Network, Zagster, Uber, Ola, DoorDash, Grubhub, Postmates, Zomato, Micro Mobility Systems, Rydies, Segway Inc., Dynamic Bicycles, GoJek, and GoBike

(Ford).

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