How big is the Car Sharing Market?

The Car Sharing Market size is expected to reach USD 9.60 billion in 2024 and grow at a CAGR of 20% to reach USD 23.89 billion by 2029. Read More

What is the current Car Sharing Market size?

In 2024, the Car Sharing Market size is expected to reach USD 9.60 billion. Read More

Who are the key players in Car Sharing Market?

Zipcar Inc., Zoomcar Ltd., Share Now GmbH, Getaround Inc. and SOCAR Group are the major companies operating in the Car Sharing Market. Read More

Which is the fastest growing region in Car Sharing Market?

Europe is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Car Sharing Market?

In 2024, the North America accounts for the largest market share in Car Sharing Market. Read More

What years does this Car Sharing Market cover, and what was the market size in 2023?

In 2023, the Car Sharing Market size was estimated at USD 7.68 billion. The report covers the Car Sharing Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Car Sharing Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Car Sharing Market Size & Share Analysis - Industry Research Report

Car Sharing Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Car Sharing Market is Segmented by Booking Type (Online Booking and Offline Booking), Application Type (Business/Corporate and Leisure), Vehicle Type (Hatchback, Sedan, Sport Utility Vehicles, and Multi-Purpose Vehicles ), Type (Peer-To-Peer, and Free Floating), Trip Type (One-Way and Round Trip), and Geography (North America, Europe, Asia-Pacific, and Rest of the World). The Report Offers the Market Size and Forecast in Terms of Value (USD) for all the Above Segments.

Car Sharing Industry Overview

The car-sharing market is dominated by several key players, such as Zipcar Inc., Zoomcar Ltd, Getaround Inc., SOCAR Group, Share Now GmbH, and others. The market is expected to experience significant growth shortly due to the widespread adoption of car-sharing services in multiple regions. For instance,

In March 2024, Zoomcar collaborated with travel aggregator EaseMyTrip to incorporate its services into the EaseMyTrip platform. This partnership will allow users to conveniently reserve self-driving cars through EaseMyTrip and enjoy access to a wide selection of over 25,000 Zoomcar vehicles.
In June 2023, Uber Technologies expanded its car-sharing service at the Go-Get event in London. The ride-hailing company plans to launch this service in the cities of Boston and Toronto. The service allows people to borrow vehicles from private car owners for an agreed number of hours or days.
In April 2023, BlaBlaCar, the popular carpooling app, expanded its plans to grow its business in India by establishing a new office in the country.